Two chains break 1 million tx barrier, one could surprise you!Steem and Ethereum are the two first chains to break 1 million transactions barrier.
Ethereum struggled, Steem didnt care.
Fundamental
So in my crypto-portfolio you can see I have held Steem Dollars . That has given me greater returns than Steem would have.
Now I want to switch, but increase portfolio level. I feel Steem is giving me a better risk/reward situation.
So what makes me like Steem?
It has in my view (even though I havent used it) a great platform. If you check their stats you can see they currently have 334.25K users and have given out 22.7M in rewards.
That's some good numbers. I would recommend to try it out: www.steemit.com
I think the userbase will grow strongly with the record breaking numbers that are entering cryptospace.
That should equal higher price.
Steem could potentially change some of the ways we do social media.
Technical
BTC pairs arent my favorite, but what can you do.
Though, I am liking my pitchfork and planning to use for some very quick daytrades.
Besides that I am looking at the fib levels and have outlined where I think we can meet resistance.
My target for this is between the 0.786 and 1 from recent downturn. 80-100k sat :)
Poloniex
Monero - Long Opportunity - $395 - $480 Hey traders! I want to wish you Happy New Year. I really hope I can keep learning from you, I have had the opportunity to meet amazing people here, and I want to thank you all for your great support :)
I want to share with you my first Monero`s analysis (XMRUSD), where I identified a long term tendency line in the Logarithmic Price Scale (if you don`t understand this concept, please go to the end of this post where I explain it).
As you can see, Volume has been increasing throughout all the tendency line, which is a fundamental signal for a bullish market, and therefore we can trust it will continue to keep moving upwards. I also want you to notice the current downtrend tendency where the price is moving. This tendency is important because once the breakout has occured, it will be exactly the point where price will start moving to our both targets. If you are interested in Monero`s market, I recommend you to wait for this breakout signal, and MACD´s change of direction (from down to up). If this breakout doesn´t occur, we have to wait for a bounce in the tendency line. I will update this post continually :)
MY ORDERS
BUY STOP: 340
TakeProfit1: 395
TakeProfit2: 480
Remember numbers can vary depending on your risk profile and price expectations. The numbers I propose should be use as a reference :)
What is a Logarithmic Price Scale?
Well, in first place you have to know there are two different ways you can observe the charts: arithmitc scale and logarithmic scale. The main difference between both methods, is that in the arithmitc scale, the vertical price scale indicates there´s a same distance for each price variation unit. On the contrary, logarithmic price scale shows the prices based on porcentual increments -or decrements-, that means that the distance between 1 and 2, is exactly the same distance between 5 and 10. Link to image: www.chilebolsa.com
Are you interested in Technical Analysis?
I recommend you the John Murphy´s book: Technical Analysis of Financial Markets. It is a great introductory book.
If you find this analysis helpful, don't forget to follow, like and comment. I use to upload new analysis every day :)
Siacoin long term hold ! Retirement coinWhen siacoin 1st started to show life we saw days bewteen dec2 and dec5 where it showed signs of parabolic movement . Sense then the upward channel for siacoin has been formed. Siacoin has been a long state of downward channel so this is sign of life. Also with my idea of bitcoin being in its 5th wave the last time BTC did this in early june we saw alts rise with bitcoin which i believe will happen again. Siacoin being one of these coins for many reasons. Personally i firmly believe in Siacoin tech and i see a forseable future of partnerships or contracts with the biggest companies in the world today. So buying it at the USD price its at now 3 cents is a no brainer for long term hold.
NXT This is the last chance to fly to the moon it's our time to fly to the moon together
after a hard dumb >> NXT is relieved again and it will back faster than before to the moon
you can buy it now :
or wait to broke 0.00005 Then just HODL to the targets
1st target : 6500
2nd target : 7800
3rd target : 12600
Good luck ^_^
Possible big moves coming for NeoscoinNEOSBTC
Neos V3 launch is on the roadmap for 2018 and beta testing has already begun. Interest in this coin is likely to be high in 2018.
If the pattern repeats and we continue the trend we can expect another run up to the 2.618 fib. Get in below the 0.5 (or the 0.382 if you're feeling lucky) if we drop down out of the equilibrium pattern we're currently in.
neos.sh
Bitcoin Technical Analysis 28/12/2017Bitcoin price is completing a head and shoulders pattern, which is a conventional reversal sign, on its 4-hour time frame
Bitcoin price failed to maintain its jump at past zone of $16,000.
Price now appears to be completing its right shoulder of the head and shoulders reversal formation.
The neckline is positioned around $13,000 and a drawback wreck should cause a downtrend of the identical height as the chart pattern.
The 20 SMA continues to be above the 50 SMA, so the path of least resistance is to the upside. This shows that the rally is more likely to renew than to reversal.
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Grandkids with grandpas xmas money means new pumpWe have a great situation right now.
The bloodbath final found a double bottom.
Alts have pumped and folks have accumulated lots of btc and now they want to grow that.
Those older folks who were introduced to btc by their college kids and grandkids over thanksgiving have been watching looking for an good entry and now they see a reversal.
Younger people who are phased by hype are looking to get rich quick and have new found capital from their stockings and Christmas cards.
The trend is making clear and we got our big green candle to jumpstart the next move up.
And last and most importantly, crypto is still the future and btc is the face of it all. In the grand scheme of things, we all know this is how the world will run and how our corrupt archaic financial systems will be saved.
SC/BTCIchimoku:
We broke the daily cloud and we are retesting it.
We didn't touch the 4h cloud but we are heading in 2h cloud. Also, we are under hourly cloud but it seems that we have a chance to break it in a day or two.
MACD:
Daily looks good, on 2h it seems it tries to reverse and on 1h it is still above.
Stoch RSI:
All except daily look good
Elliot Wave:
It seems that we are at step 4 at current wave withing a wave. It really seems that all this move can be the first set of a larger wave.
Candlestick:
Atleast for now, we have only 2 red Heikin Ashi candles on daily.
First target is at 1.272 fib as it perfectly matches the last wave (wave 3 length). But personally I think it can go alot higher even that we might encounter some resistance there. It is an old support and resistance area.
All targets match fib levels but also old support and resistance areas.
DOGE NOW OR NO DOGE sniff, snif, much brief BARK BARK - Doge much, doge now, wait doge - doge chow -
Doge only see 0.000000015 btc 2x Doge, Doge get Hungry, grrrrrr
Doge eat 0.000000020 btc - 0.000000030 btc, happy !Doge, much treat, Doge THIRST,
Doge drink 0.000000030 btc - 0.000000040 btc, wet Doge! much curiosity, fast wag, PLAYFUL Doge
Doge breath 0.000000040 btc - 0.000000050 btc, Wh!oa Doge, wow energy, loud Shibe,
Doge run 0.000000050 btc - 0.000000100 btc, Ho!y Doge, many Sh!be, racing shibe,
Gone Doge 0.000000100 btc - 0.000000200 btc, style very, much doge,
Doge
Duh'
NOW DOGE OR NO DOGE sniff, snif, much brief BARK BARK - Doge much, doge now, wait doge - doge chow -
Doge only see 0.000000015 btc 2x Doge, Doge get Hungry, grrrrrr
Doge eat 0.000000020 btc - 0.000000030 btc, happy !Doge, much treat, Doge THIRST,
Doge drink 0.000000030 btc - 0.000000040 btc, wet Doge! much curiosity, fast wag, PLAYFUL Doge
Doge breath 0.000000040 btc - 0.000000050 btc, Wh!oa Doge, wow energy, loud Shibe,
Doge run 0.000000050 btc - 0.000000100 btc, Ho!y Doge, many Sh!be, racing shibe,
Gone Doge 0.000000100 btc - 0.000000200 btc, style very, much doge,
...Doge...
...Duh...
NXT Hardfork news! snapshot will be taken on NOV 28th!!!!!!!!!The last hardfork the market pushed was emc2. emc2 had parabolic movements with huge gains in the hundredths of percentile. Because the market is so pumped right now nxt hard fork . Parent chain is ARDR and the hardfork update will release IGNIS coins. You get 0.5 per coin . On the 21st they will release what exact time the snapshot will be taken. I expect parabolic movement in the following days had 40 percent today already!!!!!!
XRP going to the moonXRP had parabolic movement with 400 percent gains in the last week. Currently its creating a flag and handle that makes me believe we will see another parabolic movement i believe this would be the 3 rd wave with some retracement then to the largest wave 5. With the 4th wave becoming another flag of sorts. Theory but many reasons XRP is good is because it is backed by big banks all around the world.
ROUND 2 LADIES AND GENTS ! Not for the faint of heart, i don't see this run not attempting to break previouse high and try to achieve .5 BTC, if your just tuning in now... welcome back.