Bitcoin price (in €) is getting under the 4-hour Ichimoku Cloud6944€ is a key level to watch. I think that if a full japanese candlestick is formed under 6944€ then that would mean a continuation of the downtrend at least until 6909€ and possibly until 6722€ (lower price on 18th of May 2018).
Keep an eye on the Lagging Span Line that is actually testing the price of 6944€ (as the price does).
Fintech
Twitter double bottom + fundemetals. Twitter has been getting a lot of firm interest lately. With JP Morgan raising their price target and the CEO of Goldman Sachs tweeting a photo at twitter headquarters, many investors think more institutional money will be funneled into the stock. The rumors of firms acquiring more twitter shares have short sellers scaling back and because of this twitter has begun to rally. On the technical side the stock looks decent with a double bottom in price and exuberant upside during 2017. Investors buying into twitter at the moment are buying off of speculation, as the company only in the last two quarters have achieved profitability. An earnings report beating analysts expectations at the end of 2018 I believe could send the stock into the 40$ range.
After 3 straight years of negative earnings reports twitter has finally started making profit in the last two earnings reports. To me this signals a change of direction for the company changing from acquiring more users to acquiring more advertisers. Exuberance will come back into the stock if Twitter can keep up its profitable earnings reports. The company is relying on profitability NOW in 2018 in order to succeed.
I can see twitter doing what many other companies have done and "claim blockchain". The CEO of Twitter, Jack Dorsey, tweeted that he is a bitcoin bull. Since the CEO of twitter realizes block-chains potential, twitter integrating a blockchain advertising system eliminating middle men is not impossible and I think would help the company achieve profitability. Investors tend to get exuberant when a company "claims blockchain" so this could be good for twitter's stock as well. Of course this is an unlikely prediction but nothing is impossible.
Twitter had a 10% run up on the 17th, a few days before its earnings report, the 25th. The reason the stock is down on earnings day is because Twitter did not beat their earnings last quarter and traders swinging earnings reports sold the stock. Twitter is forming a steady trend line (kudos to DevinBoule55). And i think that even though Twitter did not beat its last earnings report, it is showing profitability and there is many green earnings reports to come.
Overall I am Bullish on Twitter. 28$ is not a bad buy. My price target for the end of 2018 is 40$, That could easily be raised depending on future earnings reports.
QASH-The Calm Before the StormQSHBTC formed very nice triangle and it is very possible to break this triangle if we get enough volume. If you see we had almost the same pattern early this year-however at this time we had very high volume. Considering that the team behind Qash is testing Worldbook platform which is an integral part of Liquid Platform at the end of April it is very possible to expect high volume in upcoming weeks. Therefore I call QASH-The calm Before the Storm.
P.S For your information Liquid is a platform where will combine many different exchanges globe the world. According to Quione team they already have partnership with 17 different exchanges.
QSHETH-Where QASH is heading?One of the best use base coins in crypto market is QASH by Quione! Very few coins in crypto market has transparent background and one of them is QASH.
-Solid team behind with 200+ employees in Singapore, Japan, Philippines and Vietnam. CEO Mike Kayamori is very humble person
-First registered cryptocurrency exchange by Japanese Financial Services Agency
-Unique almost ready product-Liquid Platform where investors can see order book from different exchanges and trade them. Exactly what Crypto Market needs.
-Backed by the richest Japanese billionaire brothers Taizo San.
Regarding the chart-The project has 350 million circulating supply currently and average price is around USD 0.60. Super cheap price for the project like this.
Upcoming news:
-End of April Worldbook BETA is going to be launched
-In June Liquid Platform is going to be launched-THIS IS HUGE!
-End of the year Liquid Platform _ Prime Brokerage will be available
-Q2 in 2019 they will have their own blockchain.
I feel it is a really good time to enter this project! One thing is for sure these type of projects will not dissapear from market in one day to another. It is a long term financial sustainable project!
Regarding the chart-as you can see chart looks very promising! I have a good feeling that it will do 5 Wave Elliot Chart here. Currently we are in 2 nd Wave.
Articles:
bloomshark.com
steemit.com
news.quoinex.com
Atari ... Waiting a big block-chain event!Dear Equity World,
I am actually waiting for a block-chain project that will allow Atari to go over 88ct. Wait...loading time...
:9
Regards,
H.M
Bitcoin USD price has got over the cloud in 1 hour timeframeAnd the chikou span line is still inside the kumo cloud.
Uptrend scenario :
If the chikou span line gets over the cloud then that would mean a confirmation of the short-term (at least) trend.
And the Bitcoin price (XBT/USD) might go up to $8523.
BTC/USD price has got over the ichimoku cloud in 4H timeframeAnd the lagging span line (chikou span line) seems to get out of the ichimoku cloud.
If the lagging span line keeps out of the upper kumo then that would mean the confirmation of the uptrend until approximatively $11632 at least.
Consider the obstacles for the price in daily timeframe if you invest.
SRN-Apple of Blockchain TechnologiesMany of you probably have not heard about SIRIN Labs and their token. There are so many projects coming out nowdays it is hard to differentiate good vs scam projects. I am always searching for undervalued projects and doing my due intelligence about projects before investing on it. I must after reviewing many projects it is getting kind of easy to select good projects from scams.
Lets start with SIRIN Labs company. I must admit their name is weird and comes from mythological creature of Russian legends. However the project is super nice and exciting. this company is actually producing World's TOP Luxury phones (solorin which is around 20K) and now have decided to move to blockchain industry and design phones and computers with integrated blockchain technology. so basically you will have a Finney phone with cold wallet integrated to phone with super security system plus even Android platform is also available in system. I found this idea super cool considering that many projects our in blockchain industry does not even have ready products even mock-ups but this company is already designing phone with blockchain technology.
There is not much to say on chart as it is very new but what I want to say is that most projects when they get starts they go -70% off and then starting to warm up. I have a feeling that it will be the same with SRN token.
P.S Football player Messi is an ambassador of Sirin Labs and on 7th of March they will have promotional video with him. It is also very possible that they will announce their strategic partnership with Huawei soon.
sirinlabs.com
Lets see...
BTC/EUR price actually trying to get over the cloud in 4H tfIn 1-hour timeframe the price has got over the 1-hour kumo cloud and in 1-hour timeframe the lagging span (chikou span line) is free.
In 4-hour timeframe (on the graph shown here) there are still some obstacles for the price and the lagging span line, and if these obstacles are passed (while price keeping on going uptrend) then that would be a confirmation of the uptrend in 4-hour timeframe and the upper black horizontal line would have to be watched for first TP (low risk).
Price has got under the Ichimoku cloud in 4-hour timeframePrice is actually testing a support of 7632€.
Uptrend scenario
If price bounces on 7632€ then it might get uptrend again ; The lagging span line is still inside the ichimoku cloud ; The lagging span might bounce on the lower line of the kumo cloud.
Downtrend scenario
If prices gets under 7632€, and the lagging span line (chikou span line) gets under the ichimoku cloud then that would mean a first confirmation of the downtrend, at least on shorter timeframes.
Iota Vs Ethereum : Survival of The FittestTotally Long, beautiful point to parachute oneself beyond the stars.
I entered in a long position at 0.00668 but in december the 13, seven days ago.
Happy & Fierce Trading !
Happy x-Mas / Happy New Year //
Aegon shortWe are currently seeing higher lows and comperable highs with the RSI moving towards overbought, around the 5.4 i expect there to be a short term pullback.Mid to long term still seems good, as aegon is undervalued (shown by their P/E ratio) in relationship to other parties in the same industry and the positive MA ribbon. As such my proposition is to hold long and buy short turbo/put options to cover short term movements.
For the exit strategy of the short position a filter rule should be applied. If the movement doesnt complete within 7 days of buying the short/put or if aegon breaks throught the next resistance level for more then circa 2 days the short should be sold.
LTCUSD : Sipping With Cup And HandleWhile Bitcoin is about to surpass $10K USD making history soon before 2017 ends, all the other major altcoins too are on the move to making new highs. On the other hand Litecoin (LTC) is already on the trajectory to reach $100 USD as the price is forming the Handle of the "Cup and Handle" chart pattern currently with Fibonacci retracement levels before making the all time new high.
Let them chinese make us some cash :)Last week I posted #hypeoftheweekend with Bitcoin Gold . That idea gave me a nice profit off almost 100%. This weekend my eyes are on NEO and China!
I expect the same result :) Buying at 37 USD, selling at 88USD for a profit of 138%.
Fundamental
On 21.Nov the " Blockchains in Fintech " event goes off and we have NEO founder Da Hongfei as top speaker.
NEO is also trying to hype up the event beforehand: twitter.com
If this will be a repeat of the SWELL conference with Ripple, time will telll, but I feel that risk/reward is good enough to enter this trade.
The chinese goverments eyes is on crypto, and that may turn into incredible news for NEO.
The chinese are still very important in cryptocurrency, and NEO should be in your portfolio for the long term.
Technical
I expect to hit the 1.618 fib and complete an Elliot Wave within the channel in my pitchfork, depending on what we get out of the conference obviously.
When you trade you need to be open to everything can happen, and adjust your mindset when things do happen. But at this moment I believe what I have drawn will unfold. Time will show, and I'll try to update this along the way.
If this trade goes the wrong way, I am looking at that trendline. If it breaks, I am getting out.
Numbers
Buy: 37USD
First Sell: 88USD
Second Sell: 139USD
Stop Loss: Below Trendline