I don't like the overall picture but I can't resist the fact that the third wave is coming. The constraction site is already there and geting ready to light up the first small rocket. I still can't be sure if it will go to the moon or get stuck at 48000-55000 (if the top wave was 4 month ago) and than be gone in a long long devastation down to 14000. We will see soon.
It has been a while since STRAT showed any positive signs. Now that it has found some good support (triple bottom) as well as bounced twice of the major uptrend line, I can see a possibility for a long uptrend to form. It just needs a little bit more interest. While the volume for buying was pretty good today on a 1 day screen it aren’t so impressive. In any...
Lots of positive news around LTC now. No doubts in coming weeks it will continue its uptrend but for now it is making a pause and may fall up to 0.0220. After that fly to the moon will resume.
Oh my god... OMG is playing on my nerves again =) Maybe now it has a chance to rise if it gets through 0.00167 to the main 0.00180 resistance zone (which stays on the same level with fibbonachi 0.5) and I expect OMG to be testing it once again very soon (keep in mind I'm looking at 1 day TF). Meanwhile on a smaller TF it is still struggling with 0.00160 and doing...
I will be keeping my eyes on Monera as I can see a good opportunity to come. If it brakes the resistence at 0.0300 (which is also fib 0.786 level) and pass by 0.0305 it will be a good position to buy (if the potential remains). Even safer would be buying after the return bounce from 0.0325 and 0.0305 levels but I think it will be easily beaten as holders should...
Today is a big day for Bitcoin and all crypto community. As you can see the volume of trades is way above usual and nearly the same as during all major moves done in the past. At the same time Dow Jones, S&P and gas/oil futures are heavily falling so we have a perfect situation where quite a lot of BIG money are looking for a new investment area. Surely nothing is...