The break out is imminent (days not weeks). End of a 2 year long bullish descending wedge. Price is touting the resistance for 2 months now ! Strong positive divergence on the RSI (green line). Historic Volatility COMPRESSION !! At the same time that volatility is reaching the end of the funnel, price is trying to break out !! RESOLUTION is IMMINENT !!
ALGO has been bouncing around for more than 2 years, trying to find a bottom. Despite not being at the point of an imminent break out, ALGO is getting ready to launch. The rising RSI has been forming a bullish divergence for a long time !!
At the end of december 2020, when the Altcoin Market bottomd, KuCoin was a great bargain ! When it broke out of the 12 month channel it shot up and made almost a 30 X move from its bottom. Since then it has been consolidating for 6 months, drawing a beautiful bullish pennant. Volume is showing steady interest for this fantastic exchange token from one of the most...
We have a clear break out now - and BSV is up around 12.2% relative to Bitcoin in a matter of days. RECOVER WILL BE SLOW AND GRADUAL - FOMO will come later on ! However the rise is slow (it will not be explosive) since the FUD and the AGRESSION on this coin has been unprecedented !! I am used to receive much hate !! I have been holding XRP for 4 years now !! So...
XDC had a great run up the first week of July, when almost the whole market was standing still !! It had to rest a little, cooling down after running from 5 to 12 cents !! Price is looking like it wants to touch the long term (yellow) support line ! And the 200 day Moving Average is looking like it wants to touch the same support line, too !! I guess, when it...
Since the low on the RSI indicator in the beginning of January 2021, price has continued going down. Everybody and his sister is screaming that "BSV is a shitcoin" and "Craigh Wright is a SCAM" and "BSV has been 51% attacked" and so on ... However if we take a look to the RSI indicator relative to price, a strong hidden divergence is building up during the last...
Steeve Fragnière has asked me my opinion on the BSV USD chart. At first glance it looked awful. However if you flip it to a regular (non log scale) it looks quite interesting ! Price is moving inside a broadening (megaphone) wedge pattern. If BSV flips to bullish mode, which I think it will do, a reasonable short term price objective would be 700 USD. There is...
Today is a BIG MOMENT in XRP history !! Not only has the 3 1/2 year CUP & HANDLE formation completed !! Not only has the 6 months HANDLE formation completed !! We have also SUCCESSFULLY back tested the HANDLE and we are moving up from here !! ATH inbound !!
Since my last post where I gave an "immaculate entry point" at 76 cents, SkyCoin has been one of my top performers: SKY is up 103 % in 18 trading days !! After a false breakdown from the bullish wedge it has hit support and made a powerful "around-the-apex" move !! Right now it is battling with some resistance at 1.52 - 1.54.... But it could very well break...
Privacy is still very underrated in this growingly hyper transparent financial landscape ! MONERO is still the best and most well known privacy coin in the digital asset world. Many people hove avoided this type of coins because of the impending danger of regulations. However, there is a case to be made that such a coin will not only survive but thrive in an...
Things are looking like the end of the world is near !! XRP was down about around 50% at one moment in the day !! ARE YOU SCARED XRP ARMY ?? I am not ! It is not the first time they have tried to scare you out !! XRP has recently broken out against Bitcoin - and it still is above former important 3000 sat resistance !! FEAR NOT !! IT WILL COME BACK WITH...
This coin is one of the strongest coins at the moment !! Down ONLY 22% in the last 24H - L.O.L. !! The fact is that the market participants have already shorted the hell out of this coin !! THE SELLERS ARE EXHAUSTED !! Mark my words: when (not if) ... when the market comes back - this one will be a winner !
Bitcoin has been underperforming recently (in relation to altcoins) and crashed from 72 to 40% dominance. It was recently very much oversold. Could it be at the start of overperformance agein ? Too soon to say ... but important to keep an eye on !!
Quite busy ... cannot develop ... Just a quick heads up !! I believe this is a low risk opportunity to get into Fantom !!
Should I buy XRP or XLM ? Historic ratios actually suggest you should hold both !!! December and January was the time to sell XLM for XRP (I sold XLM for XRP indeed). Now we are in NEUTRAL ZONE.
As I said earlier: December 2020 / January 2021 was the time to sell XLM (you could buy more than 1 XRP with 1 XLM) !!! There has been a time to sell XRP for XLM (during most of 2019 or 2020 you could buy 4 XLM with only 1 XRP) !!! Now the time is to hold both..... or if you prefer, you can buy both. We are in neutral territory. Whatever you will choose to do...
I do not own this coin. I do not plan to buy it. However I stumbled upon this chart and thought that this coin represents a solid buying opportunity at this point in time !!!
SkyCoin is an extremely underrated project !! Actually rank 729 on CoinMarketCap and 17 Million MC. It has several working products and their team has never stopped working during the entire bear market from 2018 until 2021 !! Go have a look at their website: SkyCoin platform, SkyWire decentralized internet, Obelisk new consensus algorithm, Fiber peer-chain...