XLM / USDT. 90% profit. Real trading, not fortune tellingGood day to all
I think everyone has heard about XLM success
Really...
Moeneta is very promising for earning, not investment
It's time to understand that crypto is not a place for investment!
All we can do now is follow two fractals
1) Downward channel - the main trend
2) The horizontal channel in which the breakthrough of the main
MOVEMENT OPTIONS
1) The main trend is replaced by an uptrend during a rebound
2) Continuation of the sidewall
We follow and develop the head
All profit and success!
Token
EOS showing momentumPlease feel free to comment on my charts with your thoughts or remarks!
- Yellow line = long term resistance (since 26th of april 2018)
- Yellow line is forming a long term descending triangle with the weekly support @ 3347 satoshi's
- Broke out of a falling wedge and is now in an upward channel
- If momentum lasts I'm expecting a test @ 4010 satoshi's before we head back down
A lot will be riding on the moves of bitcoin.
HUOBI wants 100xs on Its exchangeI do think this is an undervalued coin
I do not trade USDT pair but i just wanted to show wtf is goin on!
There will be volatility and there will be blood & eventually HUOBI and its shitcoins on this exchange will have their own season (its my own opinion, I'm not telling anyone to run and buy mindlessly)
As always calculate your Risk, Don't let ur stops to be swept!
Wait for retracements or breakout, otherwise you'll get really bad R:R and lots of stress!
BAT (elliot count) - New All Time Lows???Ive been calling for BAT to go down for a long time now with my previous posts, so far its exactly what it's done. And its only looking more bearish to me. Now I will try and look at it from a bigger picture.
The current momentum from X wave on way down seems to me as a 5 wave Impulse (will be confirmed once we see the final wave 5 head lower towards the 11c range).
A 5 wave move down as an impulse means the overall structure is not done and is likely much larger, the last leg should be in 3 waves per Elliot count before a major bull run can start.
So I will be expecting another B of larger X to take structure, a .618 fib retracement of previous X is a good expectation. After which a bigger final leg Z should take place. And unfortunately towards the end of 2020 i will be expecting new all time lows for BAT. Keep in mind, it was nearly worthless beginning of 2019 so heading back below 1c is a very possible - in my eyes likely scenario.
Do i want it? absolutely not, i believe in this coin and its success. But im just not seeing the confidence in the market for the 2020, and a bigger correction could take place.
This is my new primary count. I will check back every few months to see how it tracks along.
Not a financial advice, just my analysis.
NMRBTC: Research Post + Potential Macro Double BottomDisclaimer: This is a position that I've already entered and am largely in the green on, as shown above.
*This is not financial advice. This post is not a recommendation to buy or sell any asset*
Over the past few weeks, I've been doing some research into a project I personally find both interesting and promising. Numeraire (NMR) is a token that has largely flown under the radar ever since 2017, and has only dumped. With the NMR token being near all time lows, I thought it was time to see where the project was headed.
Originally, I found out about this project towards the end of this summer due to a news headline showing that major exchanges had come together and made a "Crypto Rating Council" to determine the security / commodity status of a set of coins.
www.cryptoratingcouncil.com
On this list, one token stands out, NMR. At least all of the other tokens have persisted in crypto community discourse for some time now, but I personally had never heard of Numeraire, and wondered why these exchanges would even be interested in giving such a arbitrary project a rating. These exchanges and other associated companies include none other than Coinbase, Kraken, Bittrex, Circle and GrayScale, among others. On top of this, there was what seemed to be a large accumulation only on Poloniex roughly 3 weeks ago, seen here:
Upon closer examination of 1m candles, there was some very odd trading occurring at this time as a result, so whether this was purely accumulation by a large player is unknown. Do do your own assessment of the chart to see what I mean.
So, after this all sparked my interest, I did some digging.
www.youtube.com
This is a keynote from the recent convention the Numerai team hosted in which they describe their vision for their project, and the usage of the NMR token. As it turns out, Numerai is a hedge fund founded by Richard Craib, Berkeley / Cornell grad and former hedge fund member. Numerai, the hedge fund, hosts tournaments between data scientists to essentially create what they coin as a "meta model" of whatever asset they're trading. They do so by providing "hedge-fund quality" data to data scientists, with which these participants then use their own machine learning algorithms to build a model to most accurately predict the next outcome. This data, including its features and target values, is obfuscated as to prevent bias by the participants as well as to abide by the agreements Numerai has with its data vendors. The best performing data scientists receive payouts from the hedge fund in Bitcoin (thus not forcing selling pressure on the NMR token), and are required to stake NMR with their prediction models so that they have incentive to be as accurate as possible. Furthermore, these participating data scientists are given reputations on the Numerai leaderboards.
On top of this simple use case for the token, the team has been working on a new protocol they call "Erasure" which is essentially an Augur-esque predictions market for any asset a user may want to look into. This is described in the keynote above, as well on the Numerai's Medium page, here: medium.com
The team is also looking to deploy ErasureQuant and ErasureBay, two interesting applications based on top of Erasure that I definitely want to do more research into.
As of now, NMR is hard capped at 11 million tokens, and has a token burn feature included (associated with Numerai's reaction to submitted prediction models, as well as a contractual griefing mechanism used on Erasure).
Connections:
-Fred Ehrsam, Co-founder Coinbase, Founder of Paradigm (venture capital) -> Numerai investor, friend of Richard
-Union Square Ventures (several partners invested, including Fred Wilson, 700k followers on twitter)
-Renaissance Technologies, the world's most dominant hedge fund.
All of these connections are publicly available in this video: www.youtube.com , and this video vimeo.com , as well as on the Numerai website: numer.ai
Recent developments:
-Erasure was launched only a few months ago in August, and is undergoing continuous development.
-Active community on Reddit, Numerai's RocketChat forum (on the website), Telegram, and in the Numerai tournaments.
-ErasureCon was hosted in October
-https://www.coindesk.com/numerai-token-sale-raises-11-million-from-vc-firms-paradigm-placeholder A new round of investment for the project just happened earlier this year, led by Ehrsam's Paradigm.
In closing, this is intended just to be a research post, and I do implore anyone reading to do their own research. If you find this project interesting or find anything else to add to the research I've done into it, please do message me @CoinRepoMan on Twitter (twitter.com).
BAT:BTC market cycle longBAT:BTC pair. a consistent performer in terms of its market cycle.
currently approaching all time lows to scale back in in anticipation of the new bull cycle. if you were to enter this trade, i would look to sell at previously established highs in the areas of 45-52k SATs , per the fib lines (78% and 100% lines respectively) . RSI profile playing with oversold territory as well with trajectory upwards per the meme arrows. notice the bullish bounces around these historically low price levels of ~20k SATs over the last ~18 months back to the start of the chart in Dec '17. March 2018, September 2018 are those bounces to begin trends upwards. 3rd time is the charm we are looking for with this trade.
counter idea: BAT could alternatively bleed out cuz RIP alts but hey, who knows. trade wisely no financial advice xd. long btc regardless
BAT - Bears are in Control Elliot wave analysis of BAT/USD
Its clear the recent small bull move up was in 3 waves, with a strong RSI bearish divergence on the daily.
This means we are looking for 5 more waves down, likely to retest the height of previous bottom support around .13-.14 cents.
I always liked this Alt, but its not ready for a bullrun just yet based on elliot count.
Just my analysis, not financial advice. Best of luck!
BAT baut bullische Struktur aufMehrere bullische Sequenzen momentan im Retracementbereich (kleiner Timeframe), somit potentieller und kurzweiliger Long Einstieg.
Übergeordnet im 4h stark bärisch.
Ich möchte den Markt weiter bis ins orangene Ziellevel fallen sehen (0.05$), damit wäre die Sequenz sauber abgearbeitet und ein sehr starkes Buy Signal
CHZ|BTC - Chillz - Binance Chiliz is a currency that fuels blockchain-backed platforms & products geared toward casual, mainstream consumers beginning with Socios.com
At the core of Socios.com is a shared, internal marketplace where football clubs can run Fan Token Offerings. Subsequently, fans can buy and sell these Fan Tokens amongst themselves against Chiliz (CHZ), which serves as the exclusive currency of the Socios.com platform.
With large football clubs on the roster with CHZ including Paris Saint-Germain, Juventus F.C, West Ham United, Roma + more they have a use-case and large user base.
Max Supply Circulating Supply Issue Date Issue Price Consensus Protocol
8,888,888,888 3,011,358,024 2018-10-22 $0.021500 POW 12
GRIN/USDC Trade VolatilityWhat's Grin?
Electronic transactions for all. Without censorship or restrictions.
Private
Grin has no amounts and no addresses.
BAT About to Spread its Wings and Fly! Basic Attention TokenBAT shows promising potential as it has now pierced the the tip of the triangle. From here, a rally up to around 0.45 is expected. Once this target it hit, it is likely that a strong pullback towards around 0.37 will occur. Beyond this, BAT will explode higher up beyond 0.6.
Summary:
Start - 0.32 (buy)
Target 1 - 0.45 (sell)
Target 2 - 0.37 (buy)
Target 3 - 0.6+