What's there not to like about Powerledger? That's a real question I hope someone actually can answer. From a TA perspective, it simply looks set to make a move in the next few hours or days and one can be safe by waiting for a solid break out upwards. The idea is great as well. It's basically about sharing local electricity using a cryptographic token. They've...
In the next few hours or days, Enigma will seek to break out from this triangle, left on the 12h, to the right on the 1h. Downtrending volume would place that point in time very roughly 50 hours from now on jan 31st or feb 1st. One could watch for volume and wait for confirmation. I'm still holding from earlier. This isn't intended as investment advice, TA...
Here on the 12 hour chart is the triangle SiaCoin SCBTC is now trying to break out of. There are two good reasons to like this coin from a practical perspective: 1) Sia is an interesting cloud storage technology allowing people with spare disk space capacity to farm it out, see sia.tech 2) It's a miner's favorite because it can be dual-mined. Popular mining...
It isn't profitable enough. Bitcoin is the sun of the crypto solar system. When it shines, the rest grows, often much more rapidly. When it fades, the rest drops, often much more dramatically. Large numbers of people wish the crypto world depended less on the value of this old grandfather, but they steer their own trading decisions on its value. Because they know...
Here's the beautiful elliott wave & fibonacci structure of BITFINEX:ETCUSD over the last weeks. The first long wave started on November 2nd at $10 and ended on Dec 21st at $42, a stunning 420% growth in less than 2 months. Retracement coincided with bitcoin's steep fall on dec. 22nd, leading to a pretty deep retracement of 0.618 ($22). Currently it is on its 2nd...
I've been following a.shevelev s analysis often with solid results. So I read his analysis on BITTREX:ENRGBTC , agreed, and followed it to great success a few days ago. His prediction is and TA dictates that it'll go much higher than this and I am following the prediction. A solid TA to solid success. (left: weekly candles, right: hourly ones. The graph to the...
If Mystbtc confirms the 0.786 and the triangle, chances are good that it'll move up and out of the triangle in the next hours, making a new wave. 1:1 target at 45000 sat
Isn't this a classic? Fibonacci rules the world. Check daily candles for the longer term pattern. Share & enjoy.
You're probably seen that BITFINEX:ETPUSD / Metaverse, has returned to the spotlight with solid growth today. This is a BAAS (blockchain as a service) company based in China. It is active in the same space as NEO and ETH. Website is at mvs.org More info from Michael @ boxmining is here: boxmining.com Forbes: www.forbes.com What makes this an interesting...
I love XRP, it has an application and a plan. It is a very solid idea backed by solid players such as former Fed chairmen Ben Bernanke. It may well become the technology if not currency of choice for intra-bank transfers. It may replace bitcoin. But does that mean that a market cap of $120 billion US dollars is justifiable at this point in time? Maybe it...
Many alt coins except nowadays for bitcoin cash are slaved to bitcoin's confidence. When BTC takes a significant hit, the alts follow. You can set up two screens in tradingview.com and monitor this behavior for yourself. But just now, YYW has had enough. YYW has been feisty and rewarding to trade so far, but not following BTC down is even feistier and shows a...
After completing the elliott wave, BTCUSD now is retracing. It seems to have started a triangle that may not complete until december 22nd/23rd and we may not learn until then which way the market moves next. So far the retracement is relatively light compared to the gains made thus far in December. It seems that a lot of traders have chosen to jump into bitcoin...