wvb1
Tru fits all of my criteria. 1. Low market cap (lots of room for growth) 2. Good project (team, investor backing, scope, goal). 3. Getting listed on Coinbase today. We see a cup and handle forming. As long as BTC does not die in the middle, we can expect upside as it breaks into the top 100-200 market cap range.
Another week is here! What can we expect. Downward potential 1. Grayscale has a large amount of shares being released on the 17th. (reported by Forbes) This will most likely result in more selling action. (JPMorgan analysts say) 2. Potential FUD with Binance and Regulators ongoing 3. Whales having been holding the 30k line for a while now. They may be all...
Continuation from the last successful weeks of fundamental analysis. (speculation) It seems that we had a whale over the weekend, looking to prop price up when volume was low. You know "A new lower low at 33k will get a FOMO effect, going into next week, and I can make quick money by selling at 37k to 38k" A quick 3 mill profit. Unfortunately, the market did...
GBTC term is up and we are expecting selling pressures over the 10 days. We can also suspect that China is not done selling their bags and harassing their local crypto scene. Hard resistance at 36k, and Alts are not rebounding much (indicating retail is largely taking a break from Crypto or were burned on the last bounce.) Price needs to go down to induce new...
I published the original idea a few weeks ago. But it seems to be coming into light. 1. Groups like Microstrategy are mostly bought out, or out of the market due to the hawkish fed remarks. It will be hard to realize a move up to 41k like last week, when Microstrategy was buying. Institutional buyers are not buying like they were at the start of the bubble. 2....
Recent technical analysis on BTCUSD has been great, for buying in on dips and small short upturn gains. However, from a fundamental analysis perspective, the push from 30k back to 40k was a dead cat bouncing. 1. The economic environment has changed since BTCUSD peak. Retail traders, who have had extra money from stimulus and staying home, are increasingly able to...
Crypto is almost mainstream now! That's great. But unlike all other investment vehicles we are not yet in the Trump Tweet feed. SEC will have it's says. If it is vague or negative things will go down. If it is somewhat positive it may keep the slight uptrend for a while more. If ETH and it's ICOs are not securities than, OMG, we all just bought them for utility!...
ARK is now falling under my perfect set up scenario guidelines. 1) Has been no recent rapid gain in price from news release. (Few people who have the coin feel cheated or may want to sell since they bought the high) Order book reflects this as well. Large % of it is buys with small sell sides. 2) Imminent News. ARK V2 is almost ready for public devnet....
There is a Cup and Handle forming on XLM. Over the past few days a few alts have grew 20% - 30%. XLM is bullish and seems to be following the same trend. As volume increases in the handle, XLM may move to breakout.
I always make good gains off fundamental analysis, only sometimes off pure TA. First buying a small investment of ETH at $12 then a larger investment of OMG at $0.9. After a few slip ups recently out of boredom and lack of good projects to invest in, I have come back to MCO, which is fundamentally very strong. 1) Only approved VISA project manager in Crypto. Many...
There was a large purchase 2-27. Volume continued to increase forming a cup and handle pattern. If volume keeps up, a breakout is likely. Fundamental Analysis: VRC is much like LTC, in that it is a coin based of BTC's code with major improvements. VRC seems to have a following but has not yet reached mainstream. The sell book has no sells. 20btc buys vs 12btc...
MCO is targeted to release August 31st. Recently, the market has been moving the price closer to match the market cap of it's competitor Tenx Pay. We still have around 300% growth before that point is reached. With the opening of trading on Binance today at 3:00PM Hong Kong time, we can expect this trend to continue. - Expect fast growth and sudden drops. -...