This one is pretty self-explanatory. I drew the logarithmic trend channel, and drew a repeat of the 2013 cycle. If such a thing were to occur, the new target estimates are 50K for the first top, end of december/ beginning of january. Then bouncing between 10K and 30K for a few months like in summer 2013. Then the end of this hype cycle at 100-200K. Then a...
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...
First of all, I'm not a pro trader, I only got into trading cryptocurrencies earlier this summer in the last hype cycle, this is purely for personal speculative purposes and out-loud observations so I can be proven wrong in the future. It's funny how this current hype cycle began, Altcoin traders started dumping their coins into BTC about a month ago to get in on...
Lisk might face some resistance with this potential rising wedge so depending on your risk tolerance you could try trading it. I doubt I will try to trade any highs because I am completely consumed by moon dreams. I am all or nothing going to take profit at 0.003 and then 0.0045. I got fucking rekt on cripple with a margin long and in true market autism, traders...
See chart for explanation. www.gartner.com Bitcoin rally could void the chart, but I am considering going in long with a large position here.
Two bullish channels spotted (short and long term), major resistant level is at 200 and 220. I'm sure eth will test 230 level - if it holds that would be our new resistance point. 300 is near guys!
Disclaimer: I am a bitcoin maximalist so i may be biased. Also, the market can stay irrational longer than you can stay solvent. Etc. Anyway. At first glance the blue breakout looks solid since the candle on breakout has alot of volume. However a candle with alot of volume can also signal that buyers/bulls are getting exhausted. The price behaved somewhat...
You dont have to be a genius to know there are better places to put your money. Investing in SNAP without any knowledge is simply gambling. We have the casino for that. Technical already pointing to the downside and the first move up was from the hype around SNAP. But looking at how profitable SNAP is, it isnt. A company can be good, but that doesn't mean the...