Basic idea for the chart: when it’s bullish, best to hold Binance Coin. When it’s bearish, best to hold Monero.
After a retrace to the .618 fib level, Stoch RSI is reset and target is now the 1.618 level (or Binance Coin to be worth 1/10 of XMR).
Basic idea for the formula: when it's bullish, best to hold USD or Bitcoin. When it's bearish, best to hold the altcoin (in this case: Binance Coin).
The chart looks fairly bearish, Stoch RSI is plummeting, and really the only fibonacci level in the way: all-time highs. Should be good news for BNB holders.
Taking a peak at the Binance Coin volume. Looks like it's been steadily falling -- while price has remained the same. On the 4-hour chart: 50 EMA of volume just crossed the 200 EMA not too long ago. Would think price follows soon.
Basic idea for the formula: USD buying power of Bitcoin vs altcoin (in this case, Nano). When the chart is bullish, best to hold USD or BTC. When it's bearish, best to hold Nano.
USDTBTC/NANO just hit 1.618 fib level. Would bet there is some resistance here, and the formula heads back down to the 1.0 mark (or, in other words, good news for Nano holders).
Basic idea for the formula: when the chart is bullish, best to hold USD or BTC. When it's bearish, best to hold ZRX.
Both EMAs and Ichimoku cloud look prime for an incoming ZRX pump. Stoch RSI headed in the right direction, too.
Potential H&S forming on USD buying power of BTC vs BLZBTC value.
Basic idea: when the chart’s bullish, better to hold USD or BTC. When it’s bearish: alts are the best vehicle of accumulating BTC (in this case, Bluzelle).
Basic idea of the formula: USD/Tether buying power of Bitcoin vs Bread.
When the chart looks bullish: best to have your money in USD or Bitcoin.
When the chart looks bearish: best to own Bread (BRDBTC).
MACD and chart pattern would indicate to me: think we're going to see an uptick in the value of Bread.
Trying my hand at charting levels for Tether. I'm of the mind that BTC sees a high of $9.8k again -- but who knows. Could go all the way down to touch the major red level. Would be pretty bullish on BTC in that case. (Third time's the charm, right?)
Basic idea for the formula: high volume alts vs the BTC buying power of USD. When the chart is bullish, we're in an altcoin season. When it's bearish, better to have your money in Bitcoin or USD (which one depends on BTCUSD conditions).
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Looks like the geomean of the three coins (ADA/DASH/XEM) has sunk to a potential accumulation range, but I still think...
Just another take on the altcoin winter we're currently in (using high volume coins such as Ethereum Classic, Cardano, and Ripple to get a read on the current trend). The graph looks extremely bearish to me. Think we're still firmly in distribution mode -- i.e. it's not time to start accumulating yet.
Think the alts market still has a lot of pain to suffer through.
This formula takes a look at the geometric mean of a few high volume coins (Ethereum, Ripple, Binance) vs the BTC buying power of Tether. In general: this looks very bearish to me. Price might go up to touch the Kijun, but there's not nearly enough volume for this to be another huge run. If...