Cryptocautious

Cryptocautious Updated 

Bitcoin breached 4k- for 15 seconds. Wow. Now its falling. Sunday sell off to ensue I believe if it cannot maintain above 4k. Now at 3930. Midway through U.S. Saturday, make or break. Looks rocky to me. Look to other alts to be dragged along for the ride. I am not a professional adviser. Faaortis fortuna adiuvat.

Cryptocautious

I hope this is a gaffe or joke: the headline in the queue reads "Bitcoin undervalued by 34k according to infamous Dickline." If not, that's the intelligence we are dealing with in the crypto press. I have gotten used to it. Joking aside, in the circles appears to be a death cross followed by a golden cross?? I'm learning as I go so please feel free to help me out...

Cryptocautious

Bitstamp is an ideal platform for ARBITRAGE. Because they are slow, and are as they have answered, a "Matching service," as you can see one could buy LTC or any number of altcoins on Bitstamp, using it as a launchpad, and migrate it to, in this example, coinbase pro. It's a sad state of affairs for Bitstamp these days, but presents a great opportunity as they...

Cryptocautious Updated 

I am not a licensed financial adviser. Now that that is out of the way, let's look at Bitcoin. It is currently trading below the Ema25 , Ema 50 , Ma 50 , 100 and 200. Rsi has fallen to 39.6, and it is a Thursday. Repeated rejections of 4k have caused BTC to be tightly range bound these past few days , but today, for now at least, it has a direction, and that...

Cryptocautious Updated 

For days now I have pointed out to Bitstamp that their LTC often takes minutes to update it's price. If one compares this to the performance of their BTC platform, which is accurate to the second, a striking difference is found. I have been left with the conclusion that Bitstamp was acquired by a cash poor entity, because it is simple latency, and it is now...

Cryptocautious

Bitcoin today faced rejection at 4k , which is a strong psychological barrier. Many bought in high , close to that 4k point or we wouldnt have peaked there. It is my unprofessional opinion That if BTC does NOT breach 4k by Friday and stay there , that Sunday will be a day of a massive selloff , as is often normally the case with crypto market cycles - however...

Cryptocautious

Please help me to understand the Gann tool?? Fortis fortuna Adiuvat

Cryptocautious

It just took 30 minutes in the presence of higher bids to move the price. It is slower than COINBASE. WHen the price moves up, bids go down, and regardless of volume, the price goes down. If you underbid, which is a sound strategy elsewhere, you bring the price back down, and it is a tug of war that other exchanges are conducting properly. The only real advantage...

Cryptocautious

Having migrated from Coinbase, I believed Bitstamp to be a good exchange. Until I looked here: coin360.com . If you are on Bitstamp, you are being charged a LOT in fee's, and ever since their acquisition in a friendly merger with a South Korean company, their system cannot keep up with it's own order book. Worse yet , it offers only 5 pairs, and a coupling with...

Cryptocautious Updated 

Why do we need a contrary headline telling us that Litecoin is lowering "as cryptocurrencies head south." First off, they aren't, really. It's all within a tight cycle of a day. If you don't have anything to write about, writing negative headlines that some foolish people will believe does NOT contribute to growth. If you can see the headline, you are already here...

Cryptocautious Updated 

This market will not survive in it's current state of mass coupling with Bitcoin. When Bitcoin falls, everything falls. This needs to change. Something seems... WRONG about this. If current analysis holds true, and Bitcoin drops 50%; it will be the litmus test and that should not be. We have at our discretion MANY alt-coins that have far more merit , use cases ,...

Cryptocautious Updated 

Tired of watching prices follow coinbase down a rabbit hole??? Coinbase has widely abused it's users, with a "beginners" platform charging up to 4% interest in AND out, without so much as letting customers know that "Coinbase Pro" exists, let alone at a completely dissimilar website known as gdax.com , where the maker/taker model exists. Worse yet, Coinbase is not...

Cryptocautious

***I am not a classically trained , nor certified financial advisor*** Before I discuss the press headlines , let's get real about bitcoin. BITCOIN has been range bound for weeks.... ; our "premier" crypto currency , that would be overpriced at 120 U.S.D. , has failed to recover from an argument between Craig Wright, Roger Ver , and the ensuing B.C.H. hard fork....

Cryptocautious Updated 

From Fx Street, apparently Litecoin cant escape "deadly technical structure...?" BULLSH** Anyone who can read a Klinger and can discern what they read knows otherwise. If you have nothing to write- don't make stuff up guys (Fx Street, C.C.N. , NUlltx etc) www.fxstreet.com BUNK!!!!

Cryptocautious Updated 

One of the best things about the crypto sector is also it's scariest- the volatility. Any seasoned trader or investor already knows this. The WORST thing hands down is the press. I am NOT A FINANCIAL ADVISER. Now that I got that out of the way , neither is the crypto media many of us view in the headline queue with Tradingview. Anyone looking at a Klinger...

Cryptocautious Updated 

So the big headline in the queue this day again involves a confluence detector. Its being applied to Bitcoin. For the sake of amateur Journalism, lets see what confluence is: Google defines "Confluence" as follows: "the junction of two rivers, especially rivers of approximately equal width. "here at the confluence of the Laramie and North Platte...

Cryptocautious

Obsurdly enough, it seems that Litecoin has become the secure store of value that BTC can never be. There is too much money , and too much open, naked price manipulation with BTC; then the issues of mining, doing so at a loss, and environmental aftereffects. It seems the team at BCH did something very right. It moves, and quickly. And, to a smaller scale, has...

Cryptocautious

What you need to do in order to benefit from Crypto's main use case - making money is simple, if you are on TRadingview or a similar site with a feed with C.C.N., Nulltx , Benzinga , NewsBTC or another iteration of the same false programming is simple. Duct tape works, but you CAN expand the market depth view to cover these entities, so you don't see them. Their...