BTC continues to remain bearish. There is no volume to take it higher. I believe the final drop around $9k will happen by the end of this week. I expect next week to be bullish but the overall weekly trend is still bearish and I don't see a jump to $20k+ happening anytime soon. We will follow closely to see when BTC will fall out of that trend but I don't see it...
Mainstream investors buy into strength and sell into weakness whereas shrewd investors (whales) do the opposite. They buy when others are fearful and sell when others are greedy. This is the perfect time to catch the ETC Train again. We already saw what is possible. A recovery from this bloodbath will lead us straight to 60+. Good luck! :)
Yet to be seen how much this will affect other coins considering BTC is losing its spot as a market maker but it would be wise not to open further positions at this point and wait till the dust settles. This is going to be a great opportunity to buy your favorite altcoins dirt cheap!
Short it, don't short it but don't catch a falling knife. Don't be tempted to buy at this price. This is the beginning of a bigger correction for Ripple. This post will be updated on when to open new buys. If you haven't sold any XRP you already own, this would be the time to do it although it is still late but things could get a lot worse. Stay safe, guys.
ETC is getting its mojo back after the recent crazy market stunt. A lot of people want it to come down to $20s and they think they can do it by spreading FUD/Fear but I think they have missed the train. I myself am one of those people. I bought some in the $30s and would love to buy some cheap ETC but I think I missed the train. Still not late to buy. Any price...
Some people call ETC a sleeping giant. My friends in Japan call it the 'Real Ethereum'. I'm more interested in my investment in ETC so I'll get down to the nitty gritty of it. Here's why I think Ethereum Classic could reach $180+ by the end of 2018: Fundamental Analysis: Most investors in cryptocurrencies do not know that Ethereum Classic was the original...
Closing triangle, big rise expected. Move quickly. This is a good buy. Highly undervalued. Hold till $120.
Chart says it all. For the first time in a long, long time both Fundamental and Technical Analysis for Ethereum Classic support a massive bull run to new highs. I recommend buying below $40 (strong buy) for maximum gains and minimum risk/exposure. Initial target of $50, followed by our TP1 @ $80 and TP2 @ $120. SL @ $29.
Most of us are optimists in the cryptoworld but few of us call the shots here. The rest of us just ride the waves. Bitcoin has been the top cryptocurrency for a long time and no currency has come even close to it in terms of market cap. Usually the currency on second spot (which used to be Ethereum) would be half BTC's market cap at most times. Currently XRP...
Chart speaks for itself. The famous closing triangle especially popular in the crypto space which results in massive spikes soon afterwards. We saw that very recently with Ripple. Here's a chance to easily get a x5 times return on your investment. Apart from the technical analysis, I think the team behind Ethereum Classic is competent and honest. Mind you, this...
I finally give my followers a buy signal on BTC after a lot of wait. It's hard to resist the temptation to buy every dip but I had to wait for a confirmation. It seems safe to buy now but still I recommend minimizing exposure with position sizing. Start buying from here. Good luck! :)
Ripple was one of the first cryptocurrencies that I invested 50% of my savings in. Why? I believed in the technology, I liked their team and I appreciated their practical approach. I had to wait a long time to make a 'serious' return on my investment while I watched other coins shoot up to the moon. Sure enough, Ripple caught up to the rally finally and it was a...
MU took a 5% hit today with AAPL as it is a big Apple supplier. Apple has had some issues recently about iPhones slowing. Anyway, Micron recently had solid earning reports. Seeking Alpha considers $48.2 a fair market price. Most analysts have put a target of $60+ on Micron. The stock had a 101% growth in 2017. The semiconductors market is going to be a lot more...
Don't over-complicate things. Somethings everything happens exactly as it looks like. This is a classic head and shoulders pattern and whether this was meant to happen or not, a lot of people now have it in their mind that this is a perfect head and shoulders and the price is going to take a serious gutting. In premature markets like the cryptocurrency market,...
So, BTC broke discipline with the downward pattern already established. Now it is throwing mixed signals. It is bullish short term, that much is clear. So, will it follow the new bullish channel or revert back to the previous bearish trend despite having broken the pattern? Keep a close eye on it. If it follows in the green bullish channel for the next 10 hours,...
Nice Bullish Kicker. Micron just beat Wall Street's expectations after it announced higher than expected earnings. The stock was up 6% when the market opened. There was some extensive profit taking which was expected before Christmas. The price is starting to recover to the daily high. Today is the best time to get in. Stop loss at 39. Take profit at 58.
People are eagerly buying the dips. It would seem that Segwit2x (scheduled Dec 28) has everyone on the hook as everybody wants the free B2X coin which they will get if they hold Bitcoin before Segwit2x is activated. I just closed a short at a small loss as a different scenario unfolds. Is the correction over? It would appear so. Will we see $9k? Not very likely at...
Don't get caught in bulltraps! This correction for the crypto market in general and BTC in particular is not over yet. Don't let some greens on Coinmarketcap fool you into thinking it is over. The trend is still bearish and it will continue to be bearish at least for the next week i.e. till the end of the year. So, don't rush any trades. It's better to miss out on...