It is pretty clear, the same $750 investment in 2016 until now, the winner is BTC. Is there really any question about this at this point? On the weekly chart, there is massive divergence between these two assets, and one could argue that BTC is starting to give early clues to how established tech companies move, maybe it is due to a risk on trading environment....
Fib retracement looking at .768 for support, daily close today or tomorrow below support at .768 might bring us down to Fibo 0.618 and 0.5. FOMC meeting might have dashed some bull expectations, but overall, a correction could help to achieve higher highs and a new ATH. Thinning Ichi Cloud on 4 HR, close to a Kumo twist, and also a Tenkan/Kijun bearish cross in...
Finally starting to see some buy pressure on ichi cloud. Tenkan kijun cross still elusive and difficult to visualize on this chart. It has been over 4 months since there was any buy pressure at all, but my thoughts are that in Dec. '18 we saw some early adopters accumulating. Given the relative interest in these markets the past week, it is possible that this...
Mr Musk has a fun-time happy dog company that can land 3 rockets on the ground, at the same time. ball street wanna short (meeh the tech doesnt work, ehhh its overvalued, ehh I've never created ACTUAL value in my life I just short promising companies with my estate monies). When will "finance" get out of the way of engineering? Next leg up looks good as fractal...
I Don't know what I'm doing, don;t smash the like button, don't follow me, don;t even comment ya filthy animals... I'm levered up more than the fatcat bankers, and I'm bored at work so I'm making these shartz
HANG ON FOR THIS ONE
For my own personal use. Looks like we could start a near term bullish uptrend...
Rising volumes, approaching the Ichi cloud, looks like a bottom for ZEC. Still one of my favorites, fast transactions, low fees, Snowden approved, great tech, solid dev team.. Once they get their Z-ADDR on a mainstream type wallet we're mewnin. Not trading advice. This is for my own journal.
Additional confirmation with a couple bounces of the .236 FIB. Retest of the bottom fib.
Bounce off 200 MA, then fib retrace to fib .382. Wait for confirmation over the next few days, could see a false breakout over the 200 MA. Then short through ETF or another instrument. This looks so much like a dead cat bounce, waiting for confirmation. *For my own use only, not trading advice.
Never hurts to setup a few laddered limit buys with usd.
It all depends on how strong BTC is going to be in the next local bull rally. Lots of good indicators that ETH might break out from the Ichi cloud, but I remain doubtful in this setup. All I want is ETH to overtake XRP, sorry XRP army, we still love you!
This is totally a play that would possibly give one exposure to crypto, but would definitely be a long hold. Galaxy Digital is a crypto merchant bank from what I understand. Mike recently bought up a whole bunch of shares of his own company, we can see that pop a few days back. Could be a good momentum play if we can reach up and get through the Ichimoku cloud...
Two bounces off that .786, into the thinning cloud, putting on long johns for the crypto winter hunting the elusive bounce to .382 Leveraged on this trade but keeping the position sizing small in case I need to retreat to the cabin with the wood burning stove in full gear
Expecting a Fib retrace off the bounce down to around $118 in the next few days.
I'm trading on this Ichi cloud bounce, expecting to see strong resistance and higher sell volumes once we reach the top of this cloud. Have all those ICO's from last year sold off yet? If we hit that top of the red on the cloud, we would really need a break up above it to maintain the momentum. I believe in ETH and use it more than BTC, so for me, the trade would...