BTC – rule no.1 – DON’T PANIC. We won’t fall lower! Here is why.Guys, first of all. don’t get too emotional over what happened on BTC and other alts.
Whether it was due to BCH hard fork whether whales took a chance to lower the price to buy it, we know we won’t fall below $5500 - $6600 rectangle. At least not for long. This rectangle has been in force for a year and it is still valid.
We know what you are thinking right now. Bullshit, nonsense, rubbish…
One of the most important factors of the BTC’s network is its sustainability. How is it achieved?
Through miners. Why do they mine? Some of them just for fun but the vast majority because they earn money this way. When do they earn money? To make the story short – when their costs are lower than their income. What is the major cost of their operational activity? Electricity.
So as we don’t know exactly where all miners located are we can make some assumptions based on the location of master nodes.
We made a detailed analysis couple of weeks and a couple of months before. Please take a look here.
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To summarize, it turned out that the weighted average price of the electricity (depending on the global location) is somewhere between $5800 - $7000 per one BTC. In order to keep this price, Satoshi Nakamoto who owns nearly 1 mln of bitcoins can change them over the counter (OTC) to dollars and buy large amounts of BTC on the exchanges which makes the pressure on the price thus the price moves up. Would you do it if you were at his place? Of course, as you would own the biggest amount of BTCs so the bigger the price the richer you would be.
Right now we are a bit below $ 5800 but we think it will last only for a couple of days.
This is the time to buy not to sale. Do not give in to emotions.
Technical analysis details:
• $5500 - $6600 rectangle defended for the 7th time over the past year
• MACD – still a positive divergence
• The price is below all EMAs - depending on how much conservative you are, enter when the price crosses short, mid-short, mid-long or long EMA.
• RSI - strong downtrend which has already stopped. Wait for the trend reversal.
• Stoch RSI - oversold - a good time to buy
• Weis Volume Wave chart – the downtrend is slowing down – bounce north expected
So traders and hodlers. What do you think of such an approach? For us, it is clear it is still valid.
Please drop us a line in the comment sections.
Thank you for being here.
If you like our job give us a like.
MASSIVE Hugs!
WBM Team
Wbmteam
QKC–Quarkchain–the only child that grows – over 40% profit soonHi Guys!
As the market plunged there is such token that actually grows.
Its name is Quarkchain.
It seems like the past correction is over and we have another 5th Elliots Wave.
Here are technical analysis details:
• The current uptrend with the angle of 78 degrees. This is even stronger than the one on the wave 3
• We can reach as high as 0.00001300 which is over 40% profit from now
• Ichimoku Cloud – the price chart has broken TenkanSen (red line) for good. The TenkanSen is about to break KijunSen (blue line) – very healthy
• MACD – bullish cross observed
• Weis Waves – lots on demand and no supply so far. Small correction exected.
• Observe 0.00001100 which is the max of the last wave. In order to fulfill the last wave we have to break it. It not we fall down. Time and our update will tell.
So guys. Even though the market is so weak we can still earn some money. QKC seems to be a perfect candidate for this.
If you like our job, please do give us a like.
If you don’t want to miss the update don’t forget to click follow button on our profile.
Stay tuned.
Massive Hugs!
WBM Team
DASH – 200% - 1100% profit possible – divergent to BTCHi Guys!
Today we have another project which touched its crucial level of price.
As you can see on the chart there is a very long-term support which is present since August 2014.
If we break it down it will be a big surprise. So the probability that it happens is rather low.
Currently, we have a 5th time when the price bounces up from this level.
On the chart, you will see all the major rallies marked up.
Depending on the moods on the market we can make 200%, 700% or even 1100 % of profit.
Dash is a very strong coin with hard-working team and a large amount of community around.
Of course, the market right now is weak but when we compare the chart of DASH and BTC we can see clearly that in some periods of time their price was divergent which means when one asset goes up the second one is down and other way round. Please look at the 2nd chart down below in the comment section.
Thank you for all your comments and likes!
Don’t forget to follow to click follow on our profile in order not to miss the occasion to earn some money!
MASSIVE Hugs!
WBM Team
ETH – next hype in 2019? If so it will be worth over 0,5 BTC!Hi Guys!
Today we have a prospect of the future price of ETH.
So each time there was a hype for this coin we could count on 1650% - 1850%.
Once it happened in 2016 just in 84 days.
The second time was in 2017 and took two times longer 168 days.
We can take the average of this time period in order to estimate the time needed to reach another hights. This will happen. For sure. This is the second most respected coin on earth and it will be definitely on the radar of investors.
Our estimation is based on the past bulls’ rallies. This time can be different as we expect lots of institutional money to flow in 2019.
So here the details.
1. The rally will be fast with no major drop downs.
2. It will take 6 weeks to 3 or 4 months
3. The start will happen abruptly
4. The price is close to the big support at 0.02868 which makes it even more possible to start the rally now
5. At the end of the rally, we can reach 0,53 BTC on its value.
6. We also marked inverted Elliot Wave Pattern. This looks like the full cycle has been finished. Waiting to start the new one. The first wave
should be this above-mentioned bull rally.
So once again. Our today’s assumption is based on the past. We presume an influx of the institutional money into crypto so mooning might be much quicker.
This is the minimum option and makes perfect sense for us.
What do you guys think? Do you expect such figures quicker? Please leave a comment down below.
We are here to support you and give you the best insights we have.
All your suggestions are very welcome.
LOVE YOU <3 <3 <3
HUGS!
WBM Team
BTC - $590 000 – March 2021 – feasible? Of course!Hi Guys!
We prepared for you a big picture analysis of the future price of BTC.
We based our prediction on the previous bull trend which became sharper over time.
The previous trend was developed without institutional money whatsoever.
This is a really important factor as right now once more countries are going to regulate cryptocurrencies we expect a flood of the institutional money.
This time we froze such approach and we based simply on the past bullish trend. This may not come into effect and the changes and certain targets can come much quicker in force.
This showed scenario is rather pessimistic and once again it doesn’t take into account institutional money.
So let’s get down to business.
The whole past bullish trend took around 854 days. We divided it into 3 parts outlining 3 major trends.
Each trend differs from each other by the rate of increase.
• 1st wave increases with the angle of 18 degrees and it reaches around $900. It took 588 days and makes it possible to earn 350%. On the first
wave, believers and hodlers are buying. The market mood is improving but is far from the enthusiasm.
• 2nd wave. It is almost 3 times shorter and gives the possibility to earn 600% in 224 days. It is almost 3 times steeper than the 1st wave. In
such circumstances early enthusiast are getting in.
• 3rd wave. It is very steep and it lasts only 43 days but it gives over 200% profit. This is a very enthusiastic part of the story and late
enthusiasts and newcomers are buying. At the same time, believers and hodlers are selling waiting for a time to reload.
If we make the same exercise from now on and we apply previous trends, price and time change here is what we get.
• 1A – this should last till the mid of June 2020 reaching barely $27 000
• 2A – till the February 2021 we can obtain as high as $158 000
• 3A – typically the shortest wave but it can drag as high as $590 000 per 1 BTC
In 2 years time, our current correction will be a just blurred memoir.
So once again. Our today’s assumption is based on the past. We presume a lot of institutional money into crypto so each wave might be shorter and steeper resulting in a higher price in the shorter period of time.
This is the minimum option and makes perfect sense for us.
What do you guys think? Do you expect such figures quicker? Please leave a comment down below.
We are here to support you and give you best insights we have.
All your suggestions are very welcome.
LOVE YOU <3 <3 <3
HUGS!
WBM Team
BCH – Bitcoin Cash – massive volume on Binance – google trendsHi Traders!
Probably most of you already have heard about BCH hard fork. Yes, there will be a new token called BSV.
Currently, only 4% of the miners said they will be supporting BSV which makes it sure that BCH would be continued with almost all capacity and power.
New token will be supported by Binance, Coinbase, Poloniex (so far).
Existing Bitcoin Cash holders receive a new 'free' digital asset 1: 1 for held BCH on the date of the hard fork.
So these are positive news from the market.
Here are technical analysis details:
• The price level is the lowest since a year
• Bullish double bottom forming
• Weis Waves – diminishing supply and growing demand
• Volume on Binance – 17500 BTC, the next to volume ETH/BTC with 6500 BTC
• Ichimoku Cloud - Tenkansen (red) crossed Kijunsen(blue) and the chart crossed Tenkansen as well. The chart is over the cloud which is very
positive.
• MACD – positive divergence
• Visible Range counted from the beginning of the year – far below the fair price which is at 0.156. It is likely to go as high as the top of the
Visible Area where 70% of the transactions were made. It means the owners are not willing to sell below the level they bought.
• We had last peak at 0.09 which is crucial level to break
• All 4 EMAs has been broken on the daily chart – EMA (9,21,50,100)
• Today’s long candlewick suggesting the market doesn't accept the lower price.
• Google trends – second highest level in the 3-month time span – might go even higher as these data come from 2nd of November
Set your stop-loss at 0.082
What are your feelings towards BCH and this hard fork? Are you in?
Be careful with that trend as BCH is very volatile. Don’t forget to set your stop-losses.
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MASSIVE Hugs!
WBM Team.
POE – PO.ET – Sleeping beast? 1746% profit/loss ratioHi Guys!
Today we are focusing more on technical analysis.
Another interesting project which is very low at Fibonacci scale and has been slowly but surely growing since the middle of September 2018.
On the weekly chart, we can see a massive falling wedge which is actually good and bullish sign.
It took the price over 8 months to jump out of the wedge.
After that, we had a couple of weeks of stability and in the middle of September/beginning of October, we had a nice bounce up.
Since then the price has been growing stable. Everyone that invested in at around 100 st has right now 100% profit.
Is it still worth to jump in? Of course.
The price crossed all the EMAs (9, 21, 50, 100) which is very healthy.
We can now observe that the current up-trend has even speeded up in the middle of October (5 vs 15 degrees).
On MACD we can see positive divergence at first and then positive convergence which assured us that overtaking nature of MACD really works.
We have now positive divergence which is another good news.
And the most important thing we have a great profit/loss ratio on this trade.
We shouldn’t fall below 107 st (set stop-loss at this level) so there is not much space to fall.
On the other hand, there is a lot of room to grow. Even to 1837 st which makes in total great profit/loss ratio 1746%.
That’s it.
So Guys. Are you in? Do you have this coin on your radar?
Your opinions and likes will be highly appreciated.
If you like your job please do give us a like.
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WBM Team loves You! <3<3<3
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ETC – LTC analogy just before Coinbase - 400% in 2 months?Hi Guys!
We are looking again at the ETC as it is among few coins which grow fast right now.
What happened? We think this is because of recent Coinbase announcement.
They said that within couple of months ETC would be fully supported on their platform.
This will cause greater demand thus price will rise.
As people already know this, they want to buy before it will be actually available.
This resembles a bit situation with LTC in 2017.
It was featured by Coinbase on 3rd of May 2017.
Rumours appeared around 2 months earlier. It is visible on the price surge (chart down below in comments section).
Again when Coinbase support came into effect we had another strong price rally.
We think it may happen with ETC as well.
LTC gained versus BTC 400% within 2 months.
It may happen with ETC as well given that BTC will be strong as well.
According to worldcoinindex today's volume on ETC is ranked 5th very close to BCH.
Just to remind you important events:
30.06 PoC of new StateDB layer & Emerald 0.00% Mobile Wallet
31.07 Sidechains support in Emerald 0.00% Project & Emerald 0.00% SDK First Release
31.07 Radex will be the first decentralized exchange to be launched on ETC blockchain (delayed – was to be at the end of May 18)
31.08 JIT Compilation in SputnikVM
12.09 Second Annual Ethereum -1.06% Classic Summit in Seoul
30.11 Fully IoT-compatible infrastructure of ETC(BIG THING)
Technical analysis details:
Gann Fan – we crossed 2/1 level substantially which confirms strong uptrend - high time to buy
On the second picture down below you will see different angle – we are over 1/1 and ½ - strong uptrend – observe when crossing 1/1 – if so it will be time to sell
Weis Waves – high demand, no supply – very GOOD for the price
MACD – positive divergence
Double bottom forming – bull sign
Very low at Fibonacci scale
Fibonacci Targets:
Target 1: 0.0032868
Target 2: 0.0044939
Target 3: 0.0054696
Target 4: 0.0064452
Target 5: 0.0078342
Target 6: 0.0096110
Target 7: 0.0147133 (new ATH)
So guys do you think such scenario is legit?
Please do share with us your point of view.
HUGS!
Your WBM Team
NANO – 650% possible earnings – one account one blockchainHi Guys!
Here we have another interesting project for you!
Nano is a trustless, low-latency cryptocurrency that utilizes a novel block-lattice architecture, where each account has its own blockchain and achieves consensus via delegated Proof of Stake voting. Offers feeless, instantaneous transactions, as well as unlimited scalability, making Nano ideal for peer-to-peer transactions. The network requires minimal resources, no high-power mining hardware, and can process high transaction throughput.
Their ledger in fact is is the global set of accounts where each account has its own transaction chain This is a key design component that falls under the category of replacing a run-time agreement with a design-time agreement; everyone agrees via signature checking that only an account owner can modify their own chain. This converts a seemingly shared data structure, a distributed ledger, in to a set of non-shared ones.
In other words With Nano, each account has their own blockchainEach individual user provides the computational power for the verification of theirown transactions, meaning entire network is not required to update the overall ledger together in massive blocks.
They claim they processed 4.2 million transactions with the ledger size of only 1.7GB.
This makes over 10K transations per second.
Their team consist of 12 people mainly experienced developers.
Colin LeMahieu – creator and lead developer - a software developer for the last 10 years, Colin founded RaiBlocks, now Nano, in 2014. He moved to the project full time in 2017 and is spearheading development of the core protocol. His interests include space technology, physics, and environmental sustainability.
Nano has a very good note on coincheckup (4,3/5) which makes it ranked on 5th place – WOW.
They also have a decent group of supporters – nearly 100K followers on Twitter and 41K on Reddit.
Nano is also supported by Nano Ledger which is very cool. You can store in your private cold wallet.
Technical details analysis:
Elliot wave pattern finished – expected the new one – uptrend this time
We are at the very low of Fibonacci scale
MACD positive divergence
Weis Volume – no volume yet but set your alarms to be aware of the intensified interest
Fibonacci levels:
Target 1: 0.0009269
Target 2: 0.0012597
Target 3: 0.0015287
Target 4: 0.0017977
Target 5: 0.0021817
Target 6: 0.0026685
Stop – loss: 0.004100
Guys what do you think of this project? Is it truly innovative?
Please do comment, share your thought and don't forget to follow us in order not to miss the update.
THANK YOU FOR ALL YOUR SUPPORT! :)
Hugs!
WBM Team