Weis
Bitcoin: 50k? 8,360-9480-10640 to contend with first. 6:1 chanceWe have roughly a $1,200 gap between the levels, and to clear 3 levels will have odds of 3:1, and seeing as it failed twice before ill multiply those odds by 2, so 6:1. Only Volume will confirm a move.
- The indicator is Weis Wave Quantum Volume
Zclassic - (ZCL) - 1700% Possible Earnings - Very Risky
Hi Guys.
Today we have a Zclassic short analysis for you. This is more relaying on TA.
Investment in Zclassic is very risky right now as team announces to cease it partly for the time being but...
Crypto world is crazy right now and for some adreline and fun we would invest very very small part of our assets.
The Zclassic team anounced on Medium.com and Twitter: "No development team has approached us to discuss further development of the project nor does the Bitcoin Private team intend to continue active development. Furthermore, we have no intention of handing the project over to a new team without significant experience or a comprehensive development plan"
They are gathering ideas on what they called "Zclassic project proposal process"
Due date is on June 1st. On June 2, 2018 the Bitcoin Private team will begin the review process and a winner will be announced by September 1, 2018. In the event that no proposal is selected, the proposal process will start over and applicants will have a chance to revise their proposals.
So it may turn out there is a community/devs which supports Zclassic. The news will be announced in September 2018 and there we go - Boom!
It was announced in March and weird is the fact that we had a massive (10 times) price rise.
It may happen this time. Stay observant.
Set alarms on Treding View on Weis Waves. Whether it is 250 000 up or 250 000 down.
Without watching at this all the time you will get the message that something is going on and it is worth watching this coin for a while.
Tech analysis details:
Very low on Fibonacci scale
Elliot Waves cycle finished (A-C) and waiting for another one (1-5)
Weis waves - not enough volume yet - but remember alarms on TV.
Stoch RSI - oversold zone
Fibonacci levels:
Buy: around 0.00180000
1. 0.00492524
2. 0.00770668
3. 0.00999102
4. 0.01228588
5. 0.01553353
6. 0.01963528 (ATH)
7. 0.03153294 (new ATH)
Stop - loss: 0.00130000
So guys. This is risky game but it may pay off. We will see.
When there will be good atmosphere around all crypto even such project can explode (fundamentally and technically).
HUGS!
WBM Team
Ethereum Classic (ETC) - what is going on?Hello our dear crypto family.
Not expected gains on ETC? Impatient?
Let's take a look closer basing on technical analysis first.
Market is ranging - we made 25% profit since mid April
Volume Weighted Average - very useful indicator to be combined always with Simple Moving Average - VWA is above SMA which is healthy and
positive. Price chart is above them two which confirms good trend. We have a convergence on price and VWA and SMA - GOOD.
Both MACD and Volume Weighted MACD show postive convergence so it is again healthy sign.
Let's jump to our recently favourite indicator - Weis Waves - unfortunately no big candles and a bit small volume. But it is not too bad. As we
can see there more green candels, green candels appear more often so presumably we can expect coininuing (slow?) growth. Waiting for more
candles with hopefully explict direction. Keep follow us for further updates on ETC
Moreover as we expect the new airdrop in mid July (listed below), we stay positive about ETC price in mid term.
Here is short description of what ETC is (for those who are new here):
ETC is one of two separate versions of Ethereum's Blockchain, the other being Ethereum itself. The split occurred after The DAO, a decentralized autonomous organization based on Ethereum, got hacked in June 2016, and $50 million worth of its funds were stolen. Because The DAO was crowdfunded, this event has resulted in a large number of people losing their stakes. After several weeks of heated debate, the community has decided to conduct a "hard fork" of Ethereum's Blockchain in order to "code" the stolen money back to its owners. In order to perform the hard fork, the majority of the users had to simultaneously take all the transaction records prior to the point of the hacking, and start anew from there, while discarding all transactions which have happened after that, including the hackers'. That doesn't mean that anything has happened to the previous version of the Blockchain - on the contrary, the hardfork resulted in two versions existing simultaneously: Ethereum -7.91% , which is the new one, and the old one, which was renamed Ethereum Classic.
ETC is in top 20 in terms of market cap. Backed by very good developers team as well as community. Devs are rated on 81% on coingecko and they have over 200k followers on Twitter (for comparison Eth has 400k)
We are going to have couple of events and good information regarding ETC. Here is the list:
24.05 ETC is hard forking in May to remove the difficulty bomb.
31.05 Working prototype of Sidechain & Enable new Opcodes for compatibility with ETH
31.05 Radex will be the first decentralized exchange to be launched on ETC blockchain (BIG THING)
30.06 PoC of new StateDB layer & Emerald Mobile Wallet
13.07 At block height #6100000t. Each ETC holder receives ETE in the ratio of 1:1 for free (PRICE WILL DEFINITELY INCREASE)
31.07 Sidechains support in Emerald Project & Emerald SDK First Release
31.08 JIT Compilation in SputnikVM
30.11 Fully IoT-compatible infrastructure of ETC (BIG THING)
Thank you for all comments, likes and messages. Don't forget to follow us.
Huge hugs!
WBM Team
BTC - WEIS WAVES - TRUTHFUL INDICATORHi Guys!
Today we want to share with you knowledge with regard awesome indicator which is Weis Wave.
We all can see that we have up and down trends. Everything moves in waves' manner. There are plenty of buying and selling waves. But how to identify trend change and buy low and sell high? It's not that easy but with Weis Wave indicator it will become clearer.
Wave charts were first created by Richard D. Wyckoff. In his famous course on stock market technique, he instructed students to “think in waves.” Wave analysis was an integral part of his trading method. The Weis Wave is an adaptation of Wyckoff’s method that handles today’s volatile markets. It works in all time periods and can be applied to the futures, forex, stock, commodity markets and of course cryptocurrencies. You will be amazed at how well the Weis Wave identifies turning points.
So we prepared description of this indicator basing on up-to-date BTCUSD 1H chart.
It might be useful in terms of determining BTC price in the very near future.
So let's get down to business.
Let's assume we start from point A.
We can see we start from the price of around 8860 USD.
We finish at point B. We have there green candels (demand) increasing and at the same time red candels decreasing which says we have no supply. This is perfect situation of the price increase. We have smaller amounf of commodity and at the same time our demand grows.
Moving further number 3 followed by point B, we have small green candle stick. It is much smaller than preceding green waves. It means our demand is spent. Moving further our red sticks (point 4) are getting bigger which means supply is getting bigger. As a result price drops.
At point number 5 we have again red candle stick which is smaller than than preceding red waves which means supply is lower and we can expect price to increase. It is confirmed by the wave made from green candels (point number 6). Price goes up.
At point number 7 we have again red candles' wave and again price drop-down. More interesting is that when we can expect trend reversal and when we should establish long trade.
We can see this at point number 8. Small red candle sticks are followed by green waves and those red sticks are significantly smaller than preceding red waves. Green waves become bigger and price increases.
That's it! Isn't it awesome?
That's the first educational post regarding Weis Waves but there will be more. We are very excited about that!
We are sorry for the language which is some parts is repetetive and a bit chaldish but we wanted to be pricise and clear it as simple as possible.
If you like it don't forget to like it, comment and follow us!
Thank you for being here.
HUGS!
Your WBM Team.
WEIS WAVE of APPL daily chart
This is my first attempt to publish so nothing dramatic just a system test. Attached is the 2 dollar WEIS WAVE on the 1 day price chart. Actual wave volume is 1 million times the actual value.
Also immediately below the price chart is the 2 dollar WEIS VOLUME chart .
The lowest of the two volume charts is the 1 dollar wave of the APPL daily chart. This lower chart is just for comparison between the 1 dollar and 2 dollar wave.
My WEIS charting is a work in progress.