Era of decentralization is coming so is boom of STEEMThis is pure speculation & portion of magic. Trading this is very risky and not recommended .... (Whales be like jokes on you)
Facebook public problems to be revealed on the market date, then STEEM will take a big step into digital world of social media worldwide
-Watching slow collaps of stocks and expecting big bounce in crypto
-Expecting 2019-2022 to be very bullish for Crypto
** This is highly speculative analysis. Trade on your own risk as this is not a financial advice. **
Speculation
LET INSPIRE FROM SPECULATIVE MOUVEMENTJust looked at IPO in switzerland this year. After a speedy scroll I was captured by two projects. Medartis and Sensirion.
Sensirion just mooned and if I had a little more time for stock market it was a clear buy for me.
Now let analyse Medartis.
IPO are tricky. There are differents movement after an IPO and you can enter in a golden egg goose but you can easily be trapped in a bad affair.
Now we can identify some important similarities.
let look at sensirion right.
1) post IPO speculative push
2) overbought corrective sell off
3) shy afflux of investor with a growth within the channel
4) break out of the top.
5) consolidation on the old top
6) explosion $$$$
left Medartis
1-4 are done.
felt 5) consoldation and 6) explosion
Now. I noticed it yesterday and I was concerned to buy or not.
Now is approaching the superior resistance of the channel and is inside a small rising wedge with some bearish divergence on indicators on higher timeframe.
So I decided to stay out and buy a pull back, and I will protect me inbetween with a stop above the channel.
Will it work what I'm telling you?
Maybe. There is a clear difference between this two ideas
Sensirion growth so fast in less time, as sign of strong interest. Medartis is growing but more slowly.
Even if this two movement are similar you can see that in august there were 3 big spike (first before the break out), signaling that someone passed big buy orders.
Medartis is more shy but the break out put him in an interesting situation and the pullback would be for me a clear buy opportunity that I won't miss. From there reevaluation of what happens with easy to place stop loss.
High Reward/Risk ratio
BIO
Phase 2 exploration October 1stPhase 2 exploration begins October 1st, and the speculative interest will be increasing.
After trading down on relatively unsurprising news about the drilling done on the western trend, we are setting up for a speculative rally for Phase 2 drilling at the eastern trend at Moosehead.
The 10,000m Phase 2 drilling program will test the area on the eastern trend, where MH18-01 gave the intercept of 11m of 44g/t gold and consequently gave Sokoman Iron Corp some TSXV:SIC ridiculous trading volume and a rapid 1000% increase in share price.
This is an easily accessible area in New Foundland, screaming for mining jobs. While we are far from delineating an actual mineable resource, we are also at a very small market cap where a lot of the hype investors have sold off, and more patient long-term investors have grabbed shares.
On the technicals, we seem to have touched a bottom twice at 0.15 and 0.145.
With an imminent catalyst coming up - 10,000 meters of drilling at the highly prospective eastern trend - there will be serious speculative interest the coming weeks.
Confirmation of the mineralization from MH18-01 meanwhile can take us far beyond what we have seen earlier.
Remeber this is exploration, results are not guaranteed, but speculative interest is definitely going to pick up.
Suggested trade before drill results:
0.15-0.23 BUY
0.25-0.40 SELL
And keep some shares for the assay results in October, that's where it can get really interesting for SIC.
XRP Possible Price Influences
Listing on Coinbase
SEC declaration of its legal status
Production deployment of XRapid
Announcement by central banks of backing of stable coin on XRP ledger
XRP ETF
XRP used by SBI Holdings for FOREX settlement
Announcement by major institution of institutional Custodianship for digital assets
CODIUS deployment
Ripple announces production level product for derivatives trading and settlement using CODIUS smart contracts and XRP ledger
BTC bull run with trickle down crypto economics
Every single one of them could in my opinion result in price going up.
Bitcoin to drop to $5,980 before rebounding to $8,073I forecast that the price of bitcoin will drop to the previous support level of around $5980 USD, before gradually making its way back up to the resistance line of around $8,073 where the price will then change direction again unless the bulls can break through this line of resistance, in which we could see a return to a bull market.
Like this post if you agree, and follow for more tips like this.
NOT FINANCIAL ADVICE!
Bitcoin repeats itself..Or maybe it doesn't..So... many people have varying opinions on Bitcoin and the whole cryptocurrency market in general. Some say long, others say short, maybe its on a bull run, maybe its a bull trap. Its all relative to what your think is a good return rate during some period of time. If Bitcoin mimics what it did back in late 2013 and early 2014 then its value should drop some similar percentage from back then. This would be about ~85% (Note: I am not including the data from the Feb 9/10 flash crash within the 85% decrease). Compared to its 20k price tag an ~85% drop means BTC hits about ~3k, which is why many people are expecting 3-4k as a range. That is it and it is a done deal get ready for a massacre. But many think it will not hit the 3-4k because there is too much mainstream news regarding BTC. Which brings me to speculation, and a lot of it... All of crypto thus far is highly speculative. There are very few coins if any that are actually currently in use for practical applications. I definitely don't think any of this cryptocurrency is going away, however we all know many, and boy do I mean many..., of these coins are going to fail. Their called shitcoins for a reason! So now for the speculative piece. The cryptomarket this year will flourish, not now, but more likely towards the second half of the year. And here's why (again this is my take and yes it is speculation with some facts thrown in); This year many exchanges (Coinbase for one..) are allowing or working with banks to provide many different assets (ETF's, Stocks - in the cases of GBTC and BTSC, and Futures contracts). This means money will roll in. It won't be right away but it will. But here's the BIGGEST problem with the market right now: BITCOIN. Bitcoin is the problem.. somehow, even though it is unintentional, when BTC goes down it takes ALL of the other coins with it. When BTC goes up it dries up all of the Alts and then they only seem to flourish when people cash out of BTC and go into these other coins. Coins are not yet independent of each other when it comes to price. I am very bullish on BTC and the whole market in general but I think until exchanges can offer alts/fiat pairs for at least the top 50 coins or any coin over $250mln market cap this won't change. So now what.. Like I said earlier: " Its all relative to what your think is a good return rate during some period of time". If people want quick money, BTC is NOT the answer, alts and shitcoins are :). This year or next year, no one knows when, but at some point there will be a coin that (like last year) went up 1,000,000% + increase. Thats right 1mln+ percent increase (both XVG, and NANO(rebranded from Raiblocks). This means you are getting a 10,000x return on your investment. That's fantastic! But rare... However the chances of hitting it are better than most think. If you put $5 into every single coin that comes out onto the market which as of writing this is 1543 different coins then you would need $7715. Lets round to 8k just because. If any 1 of them hits 1mln % increase then your $5 investment becomes $5 * 10,000 = $50,000. Wow.. A profit of 42k.. more than 5x your initial investment! But most investors take pride in retaining wealth when they have already created it. Most investors want high rewards and no risk. They wouldn't trust random alts or shitcoins or would consider it too much work for a chance at the lottery. They prefer safe coins (BTC, ETH, LTC, XRP, etc) that can still make 10-100% gains easy! This is why I am bullish on BTC, Investors are waiting and itching to get into crypto. Many older investors don't understand crypto however all of them understand how markets and TA work. Buy low, sell high. Common concept. Many banks are waiting for BTC to be more accessible and considered safe by SEC/CFCT regulations and even more are waiting to be able to invest directly in the alts without having to go through BTC. This year we will see a huge market cap increase and more company partnerships.
IGNIS likely forming the preferred pump formation C&H#beyondTA
If you look back recently at coins that had solid pumps, like NULS, ADA, NEO(see first pump back in may/june), MANA, what do they have in common?
A cup and handle formation right out the get go with no resistance above the current price line. traders crush these patterns and overinflate their values.
The longer term the formation the better.
Now, IGNIS was created by NXT. Regardless of your opinion of NXT, the NXT charts suggests this coin to be manipulated for P and D gains. I going beyondTA Here to suggest ignis will be in accumulation stage for artificial pumping as the pump is set up.
Look for IGNIS to trade below 3.5k sats for weeks. watch for the C and H.
Goldcoin, A No Brainer.I would highly look into Goldcoin and what they are all about. Sitting around 3000 SATS, this is an easy buy.
Circulating Supply: 72,000,000
Litecoin circulating supply: 84,000,000
Its much easier for Goldcoin to raise in price compared to other coins/tokens that have billions in circulation.
steemit.com
Monero - Long Opportunity - $395 - $480 Hey traders! I want to wish you Happy New Year. I really hope I can keep learning from you, I have had the opportunity to meet amazing people here, and I want to thank you all for your great support :)
I want to share with you my first Monero`s analysis (XMRUSD), where I identified a long term tendency line in the Logarithmic Price Scale (if you don`t understand this concept, please go to the end of this post where I explain it).
As you can see, Volume has been increasing throughout all the tendency line, which is a fundamental signal for a bullish market, and therefore we can trust it will continue to keep moving upwards. I also want you to notice the current downtrend tendency where the price is moving. This tendency is important because once the breakout has occured, it will be exactly the point where price will start moving to our both targets. If you are interested in Monero`s market, I recommend you to wait for this breakout signal, and MACD´s change of direction (from down to up). If this breakout doesn´t occur, we have to wait for a bounce in the tendency line. I will update this post continually :)
MY ORDERS
BUY STOP: 340
TakeProfit1: 395
TakeProfit2: 480
Remember numbers can vary depending on your risk profile and price expectations. The numbers I propose should be use as a reference :)
What is a Logarithmic Price Scale?
Well, in first place you have to know there are two different ways you can observe the charts: arithmitc scale and logarithmic scale. The main difference between both methods, is that in the arithmitc scale, the vertical price scale indicates there´s a same distance for each price variation unit. On the contrary, logarithmic price scale shows the prices based on porcentual increments -or decrements-, that means that the distance between 1 and 2, is exactly the same distance between 5 and 10. Link to image: www.chilebolsa.com
Are you interested in Technical Analysis?
I recommend you the John Murphy´s book: Technical Analysis of Financial Markets. It is a great introductory book.
If you find this analysis helpful, don't forget to follow, like and comment. I use to upload new analysis every day :)
Ripple - The New Bitcoin - 3$Hey traders! In first place I would like to thank you for all your support and great feedback, I really appreciate your comments, opinions and chats, and I hope to learn more from you everyday, this has been an amazing experience :)
Today I bring you another Ripple´s analysis based on a longterm tendency line I indentified in the logarithmic Price Scale. If you don´t know what log price scale is, you can find the explanation at the end of this post. Since my last post (linked below) Ripple´s has had an amazing performance, almost reaching to the $2 dollars target, which is an important psychological level. This level is important because there might be a correction before another bullish movement (somewhere near 1.620 - Which is exactly the 0.382 point of Fibonacci scale), and therefore, we might have the opportunity to buy a bit cheaper.
I also want you to notice volume development (bullish) and MACD indicator. The first one (volume) is an important characteristic for support the idea of a bullish and strong market as Ripple. Most importantly, it tells us bullish tendency will continue in future. The second one, starts showing signals of an inflextion point, which is exactly the place where we can wait for a market correction before the a next bullish wave.
MY ORDERS
BUY STOP: 2.05 (If correction doesn´t occur)
BUY LIMIT: 1.620 (If correction occurs)
Take Profit 1: 2.9900
Remember numbers can vary depending on your risk profile and price expectations. The numbers I propose should be use as a reference :)
What is a Logarithmic Price Scale?
Well, in first place you have to know there are two different ways you can observe the charts: arithmitc scale and logarithmic scale. The main difference between both methods, is that in the arithmitc scale, the vertical price scale indicates there´s a same distance for each price variation unit. On the contrary, logarithmic price scale shows the prices based on porcentual increments -or decrements-, that means that the distance between 1 and 2, is exactly the same distance between 5 and 10. Link to image: www.chilebolsa.com
Are you interested in Technical Analysis?
I recommend you the John Murphy´s book: Technical Analysis of Financial Markets. It is a great introductory book.
If you find this analysis helpful, don't forget to follow, like and comment. I use to upload new analysis every day :)
Bitcoin - Head and Shoulders Pattern - Drop to 6k?Hey traders, I hope you be fine! I want to share with you what I found in Bitcoin´s chart today. As you can see, there`s a huge head and shoulders (H&S) pattern in formation, which is quite worrying since it indicates a possible drop of bitcoin´s price to 6k dollars, and therefore, a big drop of crypto´s total market capitalization. This is quite concerning since all your investments can be deeply affected by this drop.
If you are not familiar with technical analysis theory, I will explain you what this pattern exactly means. According to technical analysis theory, this pattern corresponds to a Trend change pattern, and it forecast (depending on the H&S direction) an upward or downward movement equal to the height of the pattern´s head. If this pattern consolidates, and price breaks the neck of the pattern (12.500), we can expect a big drop in bitcoin´s price in next few days, which points to $6k target.
Additionaly, if we study volume devolpment throughout time, we can notice that in every peak of the pattern, volume has been decreasing, which supports the idea of a H&S pattern formation.
Finally, I want you to know the reason of this post is to warn you about what can happen with bitcoin price and how it can affect all cryptomarkets total capitalization. H&S shoulders pattern is not confirmed yet, however if price breaks the pattern´s neck you should be worried.
If you find this analysis helpful, don't forget to follow, like and comment. I use to upload new analysis every day :)
Ripple - Long Opportunity - $1.2 - 1.5Hello everyone! First of all, I would like to wish you happy holidays and also apologize for my inactivity these days. Second, I would like to share with you my Ripple analysis for the next few days. As you can see in the chart, there is a big triangle pattern about to be completed. This pattern is accompanied by an upward trend, so we can expect a bullish price movement. For the moment, the price is testing its current trend line, which means that the following price movements are fundamental to determine if the price targets are viable or, on the contrary, we should change our price expectations. That is exactly why I recommend that you wait for a price bounce before taking any investment decision. I will be updating this post all the time :)
MY ORDERS
BUY STOP: 1.05
Take Profit 1: 1.24900
Take Profit 2: 1.49500
Remember numbers can vary depending on your risk profile and price expectations. The numbers I propose should be use as a reference :)
If you find this analysis helpful, don't forget to follow, like and comment. I use to upload new analysis every day :)
Most obvious buy in my cryptocareer! Ripple heading to the sun.Forget the moon, forget Bitcoin, forget Litecoin, Ripple is so heavily undervalued and might prepare for a trip to the sun.
The risk/reward on this asset is off the charts!
Fundamental
Where to even begin?
While Bitcoin has been getting all the attention last year or so, Ripple has been working in relative silence.
There has been a decent amount of good news, like the American Express partnership . But nothing yet to really start the engine.
That bit of news may have come today with the announcment from Nikkei . 37 banks is trailing Ripple, but the important part is that they will without a doubt use XRP.
The use of XRP with Ripple has been an uncertain element for many. Personally I never worried to much about it, but it's a legit concern.
"Eventually, the banks aim to send money by using Ripple's virtual currency, known as XRP, cutting costs an estimated 60% compared with conventional methods." Quote from article, and the reason why I never worried to much ;)
On December 7 we also got the 55million escrow. Which is known for some time but not totally priced in yet I believe.
So what else? There is lots to speculate about with Ripple.
The two main theories is Amazon & Uber partnership and Coinbase addition.
Both theories have some ground to them, and it makes sense. Ripples subreddit is the place to get more on it!
Nothing guaranteed but I think Ripple is a real good buy without those speculations so that's just icing on the cake!
Although, for Ripple to gain that extraordinary target I have set on chart within the timeframe, I would think atleast one of those theories has to come through.
Technical
So I am looking at that last run which provided an incredible 7411% return! If history where to repeat itself we could hit 14.84 USD! Though, I'll be out before that.
I am in on Ripple since last idea , where I bought with BTC hodlings (ohwell) with a price around 0.21 USD.
Ripple is a hard hodl for me. I aint selling until we reach atleast my target area, which is between 4.5 USD & 10 USD.
I'll probably sell out in portion if I get in that situation, but determining specific exit points now is useless for me as I usually go after fib levels.
But what I can see right now is that we have broken out of this long sideways wedge, and that tells me it's time to FOMO if your not already in!! :)
TRXC BottomedOBV decline but price flat, retails stopped selling, short positions should stop out and rebound imminent for next catalyst.
TRXC LongLong to at least > 3.2, going parabolic assuming no more short term Series A unloading. Good fundamentals, analyst upgrades any week (as gauged from earnings call), and predicted 2+ sales by Q4 end. Loaded up and awaiting positive catalysts.
Volume support the bottomThis is one of the traditional charts examples you can find in Books like: Technical Analysis of the Financial Markets by John Murphy.
And this example is in real time and is happening now.
The Chart is very clear for my point of view and even I do not draw a trend line but is obvious and even is history that the down trend was broken by strong up price accompanied wit a high Volume , and more important the pullback after this strong big candle who happened at the end of October 2017 because this pullback give me the opportunity to entry at a more favorable price and reduce the discomfort of a bad timing entry because this is a high volatility stock the Beta is 2.93 is very volatile. And let me explain several things: If am right with the direction of the price but the timing was no the right I can be in a negative territory very quick and hold a losing trade while the price returns to the direction that I had initially dictated. Do you understand me.
The other aspect with this low priced stock is this: If you buy 100 shares at 3.00 and the stock rise to 6.00 the R.O.I is 100% very quick and with a low Capital Investing.
and to finish My picks are for a long term investors and in this case this stock can easily overcome the 6.00 target and Go to the 8.00 target look the chart and look how close is this
by the way the Avg. Volume is 8,349,696 this is not a penny stock and this is not a New Company. Mann Kind Corporation have more than 13 Years of be Listed in the NASDAQ in the Healthcare sector is a Biotechnology Company
I do not know the earnings of this company because this is the Job of the Fundamental Annalist who is the person who sustain the weight of the final decision with the use of Financial Modeling. This is a team Work and I believe in Fundamentals as well because it gives you reasons for a long-term investment
Other thing I use Weekly Charts and then I use the Daily Chart and even Intra day Charts like 4 Hours I only use Support resistance and counter trend lines
But I do not use Indicators and oscillators No fibonacci No Gann No pivot points
Additional Material for learning
www.investopedia.com
www.investopedia.com
www.investopedia.com