TheFoil

TheFoil

For those who haven't sold their coin yet and try to figure what the **** is going on and for those who sold their crypto and look for the perfect timing to come back again, the only thing that is certain is the uncertainty of the market. I don't want to take a deep dive into the actual bearish market, as many people on this website and all over internet have...

TheFoil

Currently in a wave of uncertainty, I wanted to take a look at LTC as one of the key market driver after the big 4 and ADA. Litecoin does have around 10 biliions market cap and is listed as the 6th major cryptocurrency. The recent price evolution was mainly guided by the cryptoban in South Korea. LTC has lost more than half his price since all time high (51.3%)....

TheFoil

Where most of the projects would have give up, if they had been going through crisis such has the one SC have been through in Q3 2017, the Sia project keep going and is was up 997% since lowest 2017 until the correction from this week that all cryptos have been through, (-43% for SC) and still up 772%. This resilience prove a strong will to outperform their...

TheFoil

Recently XRP announced on his tweet "3 of the top 5 global money transfer companies plan to use XRP in payment flows in 2018. Even more in the pipeline." And discussed more deeply about the agreement with Moneygram. Those events happened during the great fall from all time high to -50% in a couple of days. (Matching 1.59 barrier) This Since then, the price has...

TheFoil

XVG was, along it's fellow friends, going through a though phase lately. This might come to an end according to that old mathematician from 12th century, Fibonacci, or at least a spike. The price benefited from a long trend without any big surprises. But what is even more interesting is the pattern in place since early December (the start of the rise). The price...

TheFoil

I got to admit I was tempted to participate in the bullish trend of TRON, but waiting a bit showed us that "to the moon" might be too soon. Indeed, according both Fibonacci (FAN + ARC) and Elliott Wave theories, the price should keep arround the price for a while. - If we follow the 5-3 pattern of Elliott we are currently on the correction from the Green...

TheFoil

MTL Coin isn't the currency we usually speak about as it's market cap is only 200mio which makes it just out of the 100 top ranked. Metallicus developped this coin to help his app to transfer money instantly with minimal fees just requiring a phone number without bank or credit card. The team behind appears solid with members from VISA Inc, AMEX, Apple and many...

TheFoil

QTUM has greatly suffered during the past 2 weeks but seems in track to break the 52 USD price even though he doesn't have an increasing volume. The longer trend since mid-december will be crossing the rebound from end-december soon if we follow both trends, which makes it the first target in the days to come. The second beeing the all time high that was reached...

TheFoil

Dear Tradingview users, First of all I want to wish all of you all the best for 2018, may it be a very profitable year ! First analysis of the year about IOTA/USD, As the prize is approaching the 4.35, we look closer to the reason that push the price back on 27/12/2017 which was a low volume. This time the volume is much higher than last time but still lower as...

TheFoil

NXT has reached the 0.69 USD support / resistance. The following days will show if this price can be break easily or not. The 2 outcomes will be either a navigation between the actual price and the low resistance or the break of the resistance and a strong growth. Moreover the demand is ending a cycle showing a rebound may be to come soon. In conclusion, look...

TheFoil Updated 

Even though we recently learn about China is moving for a cryptoban, XEM* is already well implemented in the east and should provide a growth in the month to come. The recent down is probably due to the uncertainty related to Catapult and China Cryptoban rather than about the fundamentals of XEM* The demand has a steady growth but could be slowed by a lack...

TheFoil

Holiday time were though for most of the Cryptocurrencies, lot of them are breaking or approaching support. Most of them will rebound and this could be happening sooner and sharper than expected. - Most of the profit have been taken during the holiday season - The crazy phase about "Bitcoin Bubble" is calming down - 2018 hold a lot of promises for...