baronbloe

baronbloe

As we enter the 4th quarter of 2021 we see that some countries are imposing strict measures to curb Covid-19. At the same time, restrictions are loosening. thus, allowing economies to demand more oil to fill the need for increased economic activity. We can see that oil has remained in a steady climb with price making small fluctuations. But the trend is bullish as...

baronbloe

Ever since BTC has been dipping hard since around May 10th, speculators, Hodlers, and investors have been looking for the light that shines toward the top again. The recent rally suggests this may be so. BTC has been achieving consecutive ascending tops for a little over a month. Reaching the 0.78 Fib line indicating it regained most of its price range since May...

baronbloe

Been slowly retracing back. This is my idea of what I think is going to happen. Disclaimer: This is an amateur opinion.

baronbloe

The lowest pitchfork support has been broken and has now become resistance in the short-term. But, I'm still long on BNB. Disclaimer: These are amateur opinions.

baronbloe

A downward channel has been developing ever since the OPEC + group broke down around a month ago. Now that things are mended, there are questions if the production cuts are enough to lift the price further. Several attempts at a retracement haven't succeeded . have a neutral stance in the short term. Disclaimer: These are amateur opinions.

baronbloe

An inverted head and shoulders pattern emerges on the gold 4-hour chart. There is a trend toward the upside and nearly reaching 100% retracement to then breakout to higher levels. Disclaimer: These are amateur opinions.

baronbloe

With the Saudi Public Investment Fund taking a stake in the company and the cup and handle formation on the 2-hour suggests upward momentum coming. It could be a good trading opportunity to the upside. Disclaimer: These are amateur opinions.

baronbloe

There is a possible bull flag in the short run that tells me that there could be some potential to the upside in the short run. Any helpful feedback would be appreciated. Disclaimer: This is an amateur opinion.

baronbloe

Disclaimer: These are amateur opinions. Ever since the drop from 8k there has been an ascending triangle punching through the Fibonacci lines retracing back. It remains to be seen if there will be a breakout above 8k or if we will get a dip.

baronbloe

Given the current situation where the SEC has deemed crypto exchanges "exchanges" exchanges. I don't see this as a bad development. That won't prevent the current sell-off where patrons are worried about taxation and other issues. This is a good picking up point for Bitcoin and I see I puncturing the $14k point reAL soon. Outlook is old for LONG.

baronbloe

An increase of 12% is projected in the next few days for Bitcoin Cash. The SEC declaring that exchanges are calling themselves tat without regulation. While registration with the SEC is seen as intrusion and meddling in crypto affairs by those concerned, it does legitimize the crypto industry in a way. By applying regulations pro-actively, the SEC is giving...

baronbloe

The GBP will get weaker in front of a Yen backed by equity firms profitable outcomes. The stocks are generally more attractive to buy since they Yen is stronger. These two countries also have lax laws on cryptocurrencies. Stocks in Japan trade under 15 times this year's earnings forecast, and 13 times next years expectation ( Shameen, 2018). I would sell 25% of...

baronbloe

Cryptocurrencies are hard to analyze for the fresher, at first. But then similarities between technical analysis between traditional instruments and crypto become apparent. Litecoin is one of those cryptocurrencies that is easy to use, has a loyal following, and works. Although achieving a high of nearly $360, Litecoin has descended into a double flag pattern....

baronbloe

The fact that 2 head and should der events occurring in 2 months should not be a disturbing factor. But haven't some been hoping for less volatility? I see BTC going through a bit of volatility on the negative, perhaps touching the $9,700 mark. Then rebounding to $12,000. A head and shoulders event would indicate positive trader sentiment. I Would hold.

baronbloe

Within the space of two months, Moero has managed to fall into 2 troughs and climb its way out. This is evident from the inverted head and shoulders in early February. and subsequent stability, thereafter. It seems as if Monero really does depend on seasonality of crop. The markets might shift down or up but it has its group of loyal supporters. I see Monero...

baronbloe

Even though BTC has faced its fair share of big hopes and fallen dreams. The architecture is in place to support cryptocurrency, regulation, trading, and ICOs. This is healthy for the BTC in general. Actions in Asia have softened and been regulated. Gibraltar has recently been known as an ICO regulator capital. Protecting the rights of the investors and...

baronbloe

The Cardano project is an exciting one. Regarding the price, it was at its highest when it was around the $1.5 range. Its much much lower now. The project is wrapped in intriguing "stages" named after famed thought leaders or scientists (Probably in the eyes IOHK Charles Hoskinson). Who has made a following from travelling the world in style apparently, speaking...

baronbloe

Many milestones have occurred for oil prices in the last year. The world is going green, and the US now exports oil. This has led to a slight glut in the oil markets. A stronger USD buoyed by a statement from Fed Chair Powell regarding increasing interest rates to fight inflation pushed the price of oil lower. I see oil hitting $58-$60 range by Mar 10 2018.