0x: NEW DEVELOPMENTS - PROFIT = 36.43% !!!Our "Crypto Scalper" Trade Indicator has correctly identified a buy in point on the 1nd of May 2018.
Using this buy in point and selling at today's price, you would have expected to net 36.43% PROFIT!!!
The increase in price may also be explained by positive developments including:
Feb 7: OpenFinance complets the world’s first ever fully compliant security token trade via the 0xProject protocol!
March 24: 0x announces 0x Trade Widget (allows users to instantly buy Ethereum tokens with 0x protocol).
April 5: 0x announces 0x Protocol v2.
April 6: 0x tokens are ablet to be traded ion Abra wallets.
April 19: 0x announces that its protocol enables Compliant peer-to-peer trading allowing for widespread DEX adoption (by meeting KYC and AML 2.71% requirements).
April 26: 0x announces the Bloqboard, the first live Dharma Debt Relayer is launched.
April 26: 0x announces SharkRelay was released live on it mainnet.
April 27: 0x announces Short selling and leveraged long trading coming to decentralized exchanges soon via dydxprotocol
May 2: Radar Relay (facilitates wallet-to-wallet trading using an open order book) using the 0x protocol facilitates $100 million worth of volume during their beta period.
May 2: Rumours released that 0x will be released on Coinbase.
(NEW) May 3: Bambo Relay is released. It is a ERC20 relayer that is built on the 0x protocol. It has the following features:
- Trade directly from your Ledger Wallet
- Night and day mode for the UI
- Trollbox
- The ability to trade any ERC20 compatible token
- Standard Relayer API endpoints
- Free trades during the beta
(NEW) May 3: Radar Relay (which uses the 0x token) is available in Chinese and Korea.
The general uptrend in the crypto markets as well as the positive developments above have caused an increase in demand for the 0x token which have forced up prices.
Cryptocurrrency
LOOM NETWORK: LISTING ON BINANCE - 24 HOURS = 43.01% PROFIT!!!Our "Crypto Scalper" Trade Indicator has correctly identified a buy in point on the 3rd of May 2018.
Using this buy in point and selling at today's price, you would have expected to net 43.01% PROFIT!!! IN 24 HOURS.
The increase in price may also be explained by positive developments including:
April 3: Loom Network SDK Alpha release
April 5: Loom Network is mentioned on Korean TV.
April 13: Plasma Cash is supported on Loom Network.
April 16: DelegateCall now has international support in Chinese, German, Korean and Japanese.
April 17: Pixie Shopping Street, one of the fastest growing game developers in Asia, joins Loom SDK to scale games using DAppChains.
April 20: "CryptoZombies Origins: What is Blockchain?" is released.
April 25: RadarRelay lists LOOM Token.
April 25: DelegateCall releases the following upgrades: Notifications, Email Digests, New Transfer Gateway
April 27: A month ago, we announced that CryptoZombies is hard forking to become the second Loom Network DAppChain, and that those who completed lessons before the cutoff date of April 20th would receive some pretty sweet rewards in the form of ERC20 / ERC721 tokens.
April 30: Loom Network will be sponsoring GopherCon Singapore, one of the largest conferences for Golang developers.
May 2: Binance lists LOOM Token.
May 3: Withdrawal Fee for LOOM Token Reduced.
The new exchange listings combined with the uptrend in prices from the general crypto markets can explain the increase in price.
Tale of Two FractalsICOs to be evaluated on Monday May 7th. Any decision the SEC makes will be critical in determining the future of bitcoin and other cryptocurrencies. The printed fractals are both from 2013. The RED means we're in the April bubble. the BLUE means we're in the November bubble. I'm bearish @ 13-14K until proven otherwise. Stay neutral until we determine sentiment post-ICO eval.
ETHUSD Long Entry- Retest of Demand area with volume at the FibA quick retracement after profit taking by the bulls. Successful tested the demand area at 530 with good stopping volume at the the 61.8% (38.2%) Fib level. Buyers are present! This gives a target of 833 which lines up with the supply area at this handle. Technically obedient which is nice to see.
shitty bitcoin trend analysisbasic trend lines & technical analysis make me think we're not gonna go parabolic again anytime soon; google trends shows how often people are googling "bitcoin" or "buy bitcoin" and only when we get another wave of interest do i think we'll get another mind boggling bull run.
obviously fundamentally 1 BTC = 1 bugatti in the long run
but i still think we're gonna be accumulating around 6k before we take off again
ETH CORRECTION SOON??IF you have been following my charts you know that i have a wave 3 target in the 650 range which still stands as of now but im keeping a close eye on it as the RSI on the 6 hour time frame is showing overbought but the MACD is still showing bullish. If this goes past the 1:1 fib range we could see a shoot up to the 1.618 fib region which would be around 720. If we start to see a correction then im thinking with the bullish trend we should correct to the .618 or possibly .5 area for a heavier correction so the 575-550 range. It looks like the bulls are really starting to charge here but its good to have some targets and stay open to some different possible outcomes. These are just my opinion based off of technical indicators and my perception of them. Good luck to everyone and have an awesome weekend. GO GAINS!!!!
Bitcoin At The Crossroads! What Happens Next?
Well actually your guess is as good as mine.... Love seeing this long, multi-month downtrend being broken to the upside. The fact that we haven't been smacked down back into the bearish channel is definitely good news for the price. Finally on the chart we can draw another long term trend line that BTC is meeting right now and is hugging pretty closely. I think this is something to be watched and a break above this line that dates back to July of 2017 would be "hella good news" to say the least. In fact, it would be fine to even see it head up slowly and continue to hug this line, build a base and then launch out above it (hopefully with some decent volume to confirm the move). The RSI is pretty darn good shape and we have lots of room to run around if we do see higher prices.
The old "Random Number Generator" is in pretty good shape also. We're sitting with a green 1 on the candle that just formed and this sets us up for potentially 8 more days of upside. Sunday we got the 9 sell signal and a break above $8,350 should launch us much higher into the weekend. A close below $8,273 on this chart would not be great and most likely means we need to sit around these levels a while longer before any major price advances.
The sentiment is now pretty much "overwhelmingly bullish." Just look on Twitter at all the alt coiners talking about the bear market being over. We are definitely still in a bear market and bearish environment. The prices have been decimated over the past 5 months or so.
The job of a bear market rally is to get everyone feeling good.... get everyone feeling secure.... get everyone in.... AND THEN BURY YOU SOON AFTER. Hopefully that's not the case here
Digibyte 4 Hour Chart. BreakoutDigibyte is at a crucial breakout point on the 4 hour chart. This saucer formation started on March 12th and we're finally testing these levels today. A move out above this resistance point here should have some legs to get the price to the 3.5 cent level before pausing to at least digest the move. The RSI is flirting with overbought territory so that may delay the upside move but then again, anything can happen. The MACD did have a bearish cross a few hours ago but nothing that can't be reversed quickly.
I have to say, this DGBUSD chart does look bullish and while nobody knows how far this goes, the characteristics for higher prices are showing up in the chart.
BITTREX:DGBUSD
ETH Broke the Daily Lower High, BTC did NOTAnother good example of the importance of the BTC correlation.
We saw a strong bull break on ETH and push to higher highs, but we cannot put too much faith in the bulls, as BTC did not break bullish.
Now we have a bearish dump on BTC which is ending up looking like a big time fake out on ETH,
if you are not aware of the importance of BTC correlation.
This bull spike before the drop will have me pay more attention to the ETH bulls if we do eventually see BTC break the daily equilibrium bullish.
Otherwise I would be ignoring the break of the daily lower highs for anyone but BTC.
EOS - Triangle BreakoutThe EOS formed a symmetrical triangle on H1 chart. It is a type of consolidation, where none of the market participants (buyers and sellers) controls the price. However, it is getting close to the point where the breakout is expected. The best approach here is to wait for a valid breakout (strong confirmation bar) and then place an order.
Steem Price MovementSteem has been on a roller coaster since it's release. It's seemed to have formed a nice symmetrical triangle which is a nice but signal for short term gains.
If the candles remain tight over the next day, expect a nice pump in the price coming up to previous resistance levels. Potential for nice short term 10% gains, with a 4-5% stop loss to prevent against FUD.
BLZ Price MovementToken is relatively new and seems to be going on a nice rise. Expect a slight correction to come. If the coin stays within the range drawn, expect a nice pump up early April, testing higher resistance levels.
Long Lower Shadow CandlestickMeaning
If the candle is bullish (white or green), the price dips down quite low following the interval’s opening due to the bears’ influence. However, the bulls gain control and push the price back up again, so the interval closes above where it began.
If the candle is bearish (black or red), the bears take the reins and force the price downward. After they’ve done all they can, they experience a pushback. The bulls take over and propel the price back up so the interval’s close is relatively far above the overall low.
The Long Lower Shadow candlestick is typically considered to be a bullish signal, but it is quite weak in this capacity. In addition, when the market is oversold or at support, the Long Lower Shadow candlestick tends to be more significant.
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Although the Long Lower Shadow candlestick doesn’t have a lot to say on its own, it should still be included in the larger conversation. When you spot it, look for surrounding candlestick patterns of which it may be a part.
Good luck!
*DISCLAIMER*:
I am not a financial advisor nor am I giving financial advice.
I am sharing my biased opinion based on speculation.
You should not take my opinion as financial advice.
You should always do your research before making any investment.
You should also understand the risks of investing. This is all speculative based investing.