stepstones

stepstones

Yeah ... it's cute. :)

stepstones

Dear Crypto YouTubers: To those who Say "Bitcoin never saw a recession." Oct 31, 2008: Bitcoin Launches. DJIA then Fell 30% over 4 months. The recession ended long after the market bottom. It was Borne in Recession. It was traded in Recession. And Now You Know! -- BitcoinMarketingDept.com

stepstones

Here's my trading opinion du jour: Trendlines tend to break and when they do, they get ever so conveniently re-drawn by the chartist. Hey if they don't put the Art in chart then who does? I've learned a lot this past year, re: trendlines. Basically, they're a massive waste of your time. Just like most patterns. Not that they don't exist. Just that you can create...

stepstones

It's a well-known occurrence that bitcoin gaps on the cme futures charts, tend to get filled, whether sooner or later. There's no technical reason that they must do so. They just do, whatever the reasons for it. Now, do they always fill? Well, there are two gaps above, and even though some very smart TAs and traders tend to ignore the gaps Above and only focus on...

stepstones Updated 

Here's a big line of support bitcoin has never broken (at least not yet). You can also see in it the major top to bottom lines of bitcoin's historical crashes, and the cycles it took to recover are quite clear. Are we on a fairly clear road to a $6.6k bitcoin by end of December, 2019? My gut says even if we hit that $1k level the doom and gloomers and hyperwave...

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This CRAP's near All Time Highs (ATHs) not seen in decades. Here's the scoop on all the poop on a stock that's rising like the tide. That's some really great looking crap. And I should know. Some people I'm a totally crap trader. Others say my personal skills are crap. Yet more say I just talk a bunch of crap. So you see, my creds are really on point with this...

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Revealed in the charts by the invisible hand of the market You can see that the Blue Whale is breaching the surface and is heading up into the sky. h/t to the EMAs for providing the requisite fluid lines on the ventral side of the world's biggest beast. Channeling DJIA's spirit animal guide took analyzing decades of data, and some inspiration to find the secret...

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Well, I called the bottom in December, and I'm sure glad I did. As you can see, I used the standard Gunther-Weirenbaucher Karrikaturrenschaft deviation from the Bitcoin Moving Average (BMA) and discovered a hidden secret message from the invisible hand of the market, which reveals the truth of the trajectory Bitcoin (BTC) is currently holding. Long (in the...

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I can see all obstacles in my way (the the Moon) Gone is the grey cloud hangin' over me. It's gonna be a fine, fine, fine, Fun trading day! I am looking at some basic math based over the last 10 years or so of bitcoin since it first went on the very first exchange. at the moment, short term, we seem to be in a range that has very little history, so we're in...

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Seriously. Their whole chart ... is a downward triangle. The whole thing is a bear trap. As much as Doge Coin is literally a joke created by its humor-driven creator, the thing lives, and people trade it. And it led yesterday's run up that saw BTC shoot from around $4k to $5080 before settling in the $4700 zone. Not that I think anyone will ever buy anything in...

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In the big picture, the way these triangles go, it looks like the next week (roughly ten days or so starting now) will be a time when the very slowly long term rising support levels and the descending resistance levels of XRP will meet at the weekly levels. My best guess, which is probably not a good guess at all, is that we'll see a slight dip and then a jump...

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One of the silliest predictions that I hear over the past year is about the imminent demise of Bitcoin and other cryptocurrencies. Let's go to the Historical BTC charts, shall we? imgur.com Source / Image Credit: royalflushes on imgur. As you can see in the charts, the history of BTC shows that: 1. It took about 2 years before BTC experienced its first...

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DJ:DJI The infamous cover of The Economist had it wrong, if you buy the whole 10th of October, 2018 prophesy / conspiracy theory. Yes, 10/10/2018 did see the markets decline. I put that squarely on FUD mongering. The declines, as bad as they were, did not push markets to bearish levels. Could it be we are at the beginning of a massive market crash? It...

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Help! My ETH has Fallen and it Can't Get Up! Recently, ETH has been tumbling like a professional circus artist dropping from the top of the tent, straight towards the ground below. If Ethereum's ETH tokens lose most or all of their financial value, what does that mean for ERC-20 tokens? Can ETH survive and thrive again? Looking at the charts, ETH seems...