If you find the analysis useful, please like and share our ideas with the community. Any feedback and suggestions would help in further improving the analysis! In a few hours, block number 12,965,000 will be mined on the Ethereum network and the ‘ London Hard Fork ’ upgrade will be implemented. As of writing this post, the data from Etherscan shows that block...
What is pyramid profiting ? When we add to our existing profitable positions, while managing risk properly, that's the way to pyramid profiting. Pyramid profiting is done when we see a healthy trend be it bullish or bearish. While bullish, we add to our existing longs, and vice versa for bearish. Basically, we are taking advantage of trends by adding to our...
I've made posts about this topic previously on my personal account, but it's time to show you what SwayzePunkz is all about. Disclaimer, just a dude that has some experience in the trading community, since 2018. This seems to be something I'm naturally good at, so I would like to share some of my thoughts... Not trading advice, just a dude with something...
ETCUSD Wait for a close below 5.971 level before entering for sell. Possible double top pattern.
An idea regarding Fibonacci I believe the price within the arcs of the fibonacci circle move in waves With 1.618 being a bearish wave in this case, with a bullish transition to another ring. There seems to be a clear relationship between 1.618 and .618 its probably simple for someone more knowledgeable in this field which I am still learning. Explains on chart....
Example of wedge symmetry, rising wedge turned falling wedge on the ETCUSD pair. The falling wedge begins wide at the top and contracts as it proceeds, eventually tightening to a point where it 'explodes' which can be seen. The rising wedge is the same except beginning wide at the bottom and tightening as it proceeds upwards, eventually leading to bearish...
This is a daily chart of ETCUSD on Kraken. Looking at some of the recent price action, it seems like we're in a trend line battle. If we draw an uptrend line (green) from the low around $3.5, we see that this is being highly contested with, right now. Similarly, if we draw a downtrend line (red) from the high around $10, we see that price has not used it much as...
You can find a lot of technical analysis posts here but I'd like to take a shot at some important aspects of fundamental analysis for Ethereum Classic. Here goes: Most of you who know me, I'm a strong believer in ETC Dev, IOHK and Charles Hoskinson which makes me a believer in Ethereum Classic. There's more to it than just that. I've followed ETC for a long time...
INVESTOPEDIA - Although there may be some superficial similarities between the two concepts, a strict definition of both terms - investing and gambling - reveals the principle differences between them. A standard dictionary defines "invest," as follows: to put (money) to use, by purchase or expenditure, in something offering profitable returns, especially interest...
DASH, BCC, XMR & ETC trending in an inverse price correlation on BTC drop and accentuated correlation on rise. With Bitcoins dominance (% share of crypto currency market capitalization) decreasing incrementally this could present an opportunity to capitalize on certain digital assets. This model presents a test-bed for BTC capital outflow.