Markets
XRP touching the bottom ? #xrpthestandard #xrp #rippleEven with goods news, new partnerships, good Q4 report, xrp is still very correlated to BTC which is bearish since BTC futures , let's admit it ! Though i believe that we touched the bottom,
unless we get more bad crypto news in Korea.
Robinhood app listing XRP and open trades in february may help the bulls coming back :
techcrunch.com
Coinsquare, the equivalent of coinbase in canada is doing the same in february :
ripplenews.tech
Coincheck refunded his customers after the hack of Millions of XEM tokens. Even if it shows that crypto market's security is still weak, it sends a good signals of trust to future customers.Even if their platform get hacked, they may not lose their tokens :
www.bbc.com
For the hodlers, Here is a video of barlinghouse "a huge central bank may want to use XRP to settle" :
twitter.com
Happy trading !
Bitshares Long PotentialI got some Bitshares long ago and am seeing another wave potential to recoup its past negative correlation. The potential for a market breakout seems inevitable at this point. This is especially true looking at its popularity on Poloniex. I said this in January 3rd, and I will say it again two days later. The long term potential of Bitshares as a decentralized exchange as well as its given value seems likely on a positive upswing.
Syscoin: An Interesting Investment OpportunityThe Syscoin 2.2 Testnet for Masternodes was released just days ago and is successfully being tested.
IN Q1 2018 the final version will be released. It will cost 100k SYS (at current market price: 21895 USD) to run a masternode. Masternodes provide very good, solid investment returns and are very in demand. Somewhere in Q1, 2018 the Syscoin team will release the beta web version of Blockmarket, which will be a lot more accessible and easy to use for the average Joe. I predict 300% ROI within 4 months.
NEO will take down ATHOne way or another. News are strong.
Romours also:
Bithumb will add NEO on Tuesday or Thursday
- China will allow ONLY NEO ICOs on regulated exchanges
- China will ban Bitcoin Mining but allow NEO mining and BCC BCH mining
- China will give NEO developers technology grants
- China will convince Korean Developers to Drop ETH and move to NEO (60% of ETH ICO is in Korea As of Today)
DOWG: Dow Global: All major markets positive whilst above 2950DOWG: Dow Global This index is extremely useful as confirmation/back-up for all other major market trades as it's so free of false signals compared to Nasdaq for example. It's just tested and bounced from near term support at 2950 today. Whilst above here major markets across the world will remain positive. It's that simple on this index. That's why it's so damn useful. Hope you find it helpful!
daytrade idea AIMT breakoutthis stock has a great daily chart. it has been basing all morning this break over the vwap could cause a breakout or run to highs. reminds me a bit of ZGNX the day its news came out.
SNAP - Key range break with Volume Expansion Snap after a disasterous IPO has spent last couple months in equilibrium. Selling has been exhausted as its healed. Yesterday we had a key range break over resistance with nice volume expansion to confirm validity the price movement. Its holding up today after early morning push. watching for this pattern to build needs to really break over vwap
Next Breakout coming ZGNX ZGNX after some good news had an explosive move into the 30s. we have a solid break of its range now. think we can start the next leg here.
EUR/USD SELL - 06/10/2017
On Thursday, the euro showed a rapid fall and finally the price left the consolidation down. Now a large accumulation of volume, which is concentrated in this range, acts as a resistance. The breakout movement was sharp and on fairly large volume, which is an excellent bearish signal. It is also worth highlighting a new resistance level 1.1716 - 1.1732, in which significant volume is concentrated. Given all of the above factors, short positions on EUR/USD look the most interesting scenario for trading. Sales should be opened after the resumption of the price fall, it is desirable that the downward movement should be on increased volume. This will be another confirmation that the breakdown of consolidation was not false. A stop loss should be placed a little above the resistance level. The first goal is 90-100 points, the second - 180 points.
The bottom line: short positions are in priority
Ripple is the new EtherWhat we've seen the past few days from Ripple is a sustained reversal pattern since the all time lows of 0.12
There is renewed interest for this cryptocurrency and potential break from that 0.2 resistance. The downside is very limited.
But you should always place stops regardless.
Trade safe Trade well. Peace