Crypto-Hamster

Crypto-Hamster

If we would be in 2014th, the blood-bath would be already over. Not a financial advice.

Crypto-Hamster

One may laugh upon triangles (me included), but just look at that falling wedge (logarithmic scale). Don't overcomplicate your TA with crypto! Not a financial advice.

Crypto-Hamster

Everybody see that? All the possible triangles apexes are very soon. The local upward channel is too obvious to continue longer. MA200 is just 500$ higher. Bollinger bands are narrow as shit. Volume is at the bottom. MACD is is flat. RSI is neutral. Bakkt launch on December 12. ETF decision on December 29. Fidelity full operation in early 2019....

Crypto-Hamster

It will be the decision time in the middle of December. Also, notice the decrease in the volume. Call me naive, but I am insanely bullish on #bitcoin 2019th! Not a financial advice

Crypto-Hamster

If we wouldn't be too critical to numbers, then considering similar periods for the bear- and bull-markets of bitcoin and assuming the next ATH will be ATH2017/ATH2013*CurrentPrice, we will have the current bear-market end in Nov. 2019 and the new ATH in Dec. 2021 at $120k. Sad. It would also imply that the bottom is not set, and the new ATH will be lower than...

Crypto-Hamster Updated 

BitShares is at the end of the triangle. Considering the long history of the project and also the fact that it one of the highly rated blockchains by Chinese ranking, 300% returns bitcoin-wise against 50% loss risk may be not that a bad trade. Not a financial advise.

Crypto-Hamster

Is it time, Request Network? I would be more happy with more volume at the bottom as it was before the last pump in December though... Not a financial advice.

Crypto-Hamster

No FUD, just an observation! If we believe in fractals, then this is what we could find in the low-timeframe chart. Interestingly, according to that, the price would stop just at the major support/bottom of 5800$, as well as it made perfectly aligned touches of the critical levels recently. Not a financial advice.

Crypto-Hamster

Quarkchain's beautiful rally was broken by the drop of bitcoin. But QKC is still within the rising channel, trying to return the position. Looks stronger than I would expect after such a drop of BTC. Extremely bullish after the BTC-storm will calm down. Not a financial advice.

Crypto-Hamster

See, how the longs and shorts people both believe in their trend? Looking forward to a brand new low – everybody tired of stagnation, let's get some fresh blood to rise from! Bot a financial advice.

Crypto-Hamster

Bitcoin on Bitfinex bounced off exactly from the triangle bottom drawn based on two previous lows (candles shadows). What, a precision, BTC! You wouldn't even collect the stop orders below that level, really? Thinking bearish – some rebound to cool off and ride the momentum to a lower low, hopefully. Not a financial advice.

Crypto-Hamster

Yes, many coins look like that, and I would argue that all of them, if they have some reasonable progress for the project, deserve attention and possibly – investment. So, here is Quantstamp: bounced off the historical low and holding above the support with a slow but persistent rise. Also, that long falling trend line was broken upwards. A nice risk to reward...

Crypto-Hamster

The triangle bottom line served as a nice support so far. It is rather likely that the current channel will be continued and the triangle will be resolved upwards slowly, but without strong price fluctuations. Not a financial advice.

Crypto-Hamster

Looks like the same as for Quarkchain: a very nice and confident rising channel. Do we really need a parabolic rise if we would have something this for a year? Not a financial advice

Crypto-Hamster

One more attempt to break the falling wedge. The volume recently is not bad, so we shall wait for the confirmation, holding the price above the resistance line. Not a financial advice.

Crypto-Hamster

NEO is staying in a narrow sideways trading channel for a while. First, the downtrend is broken. Second, look at the volume for all that period and now the liquidity is very low and the volume dropped too, just like with BTC – IMO, no doubt that there will be the rise and it will be a huge one. It's just waiting for the bitcoin confident move upward. Not a...

Crypto-Hamster

Sadness. First, there was no rally. But it would be OK, if the drop would be to the previous lows, so we could pick Substratum there and bounce from those lows. But the volume on this intermediate level is rather high, so the fall was stopped too. Now, we may stuck at this level for a while. Not a financial advice.

Crypto-Hamster

Locally, the downtrend stopped, but there is no confidence from the buyers side. Everybody see that triangle, so it will be broken very soon. Personally, I see EOS already had some appreciation in price in May, and it is time to make a new buying opportunity at the lower levels. 4$ if bitcoin will make a move down and even 0.5$ if things will be very nasty and the...