ALGORAND hit the exchanges on Friday, including Binance. The ICO price was $2.40, already sitting around $1.40. That's a 41% drop in 3 days, ouch! Usually, we see at least 1 nice green candle day during the first 5 days of a new listing. ALGO hasn't had that yet so it could be overdue. This is an extremely speculative play though based upon psychology and zero...
If the Elliot Wave Pattern succeeds, We could see a massive move up soon. 350 Sats was already tested once so a revisit would be more likely to break through. There's not much resistance between 350 & 450 so it could be a violent move. I'm still HODL'ing this. Like I said in my previous posts, this could easily be a 900 Satoshi valuation and I'm basing that upon...
Matic has seen quite a run this year and in several ways, this project reminds me of Omisego. Both teams appear to be pursuing PLASMA technology as the solution to the scalability problem. At one point, OMG had a market cap of over 1 Billion but currently sits around $280mm. In my opinion, OMG still has more to offer due to the fact that it has a OMISE behind it...
I've been in the crypto realm for years and in that time I've invested in a lot of stinkers and a few winners that made up for the losers. I know a good project from a mediocre, bad, or outright scam. MATIC is the real deal. I never just look at the technicals when going long. Here are the reasons I'm incredibly bullish on MATIC: MATIC is hyper-focused on ...
Not really enough data to go off of yet. I think we're still in the 'purely psychology of the market' mode. "Buy it cause it's new and it will pump.....Is it done pumping or will it do it again?!" ... Could get interesting if it does pump again. Best of luck!
The 4 hr chart is what I've presented here and i believe to be the most relevant. As you can see, we're currently hovering around the .618 retracement which is also aligned with the 100 on the 4 hr. Cutting to the chase: I'm looking for a close above 268 which is the 50 and would also give us a higher high vs. a lower high like we've been seeing. We did double...
I'm calling this one earlier than anyone would ever dare to. Don't underestimate the formation. Red Pulse once had a market cap of over $400 Million. From current levels that would give you more than 20x returns. I'm not calling that one, but i do think 1000 satoshi's and a 3-4x gain is in the cards for those that can stomach the roller coaster ride. Best of luck!
PHB had a nice run to mid 500 satoshi's and has since pulled back to the .786 retracement area. I think this one has further to run. The double top formation was asymmetrical and leaving itself open to being retested. Red Pulse has previously traded at 1,000's of Satoshi's and could see this one easily running above the 500 area.
If you want to succeed at trading cyptos, you need to ANTICIPATE the next pump and not jump on the bandwagon once it's already overbought. Lisk is currently a value play, near all time lows, and primed to be pumped. Comparative to Bitcoin, it's at a 2 year low. I'm building a position in anticipation of a break to the upside. This will require some patience but...
Chart is self explanatory.
I'm not going to talk about the technicals. If you're on trading view, you know where we are at right now. I'm going to keep this as simple as possible. Things don't go straight up. Bitcoin is too mature of a market now to sustain parabolic activity. I'm a bull, but right now, things look like they need to come down. Otherwise, this is an unhealthy move to the...
ADA has been retracing from .10 and indicators are showing that the sellers are getting tired. The slow nature of the sell off tells me there could be a potential breakout if the down trend line is broken. We've begun hitting areas of major support which appear around .054 - .064 range. I know many people are waiting for the lower part of that range but buyers...
All of the indicators are telling me we are due for a correction soon. We saw a 30% gain in April. NVT is screaming at me and RSI is showing bearish divergence. I think with the amount of short interest it was bound to rise up again to squeeze out some people. It's nearly impossible to say how high it will go before it corrects, but I am confident it will. A...
NEO is currently near the bottom of the channel it's been in since December when it bottomed. There's decent support in this area and I think a good swing trade target is $12-$15 in May.
Neo has been showing strength with ascending bowl pattern movements. 50 MA is about to cross about the 200 MA giving us the best signal in all of charting - the golden cross. Expect upwards momentum here.
Neo is setting up nicely to make a wave up. It's undervalued at the moment and has lots of room to grow. Don't underestimate this one. It's a real contender to Ethereum with many exciting projects being developed ontop of the NEO Blockchain. As always, good luck to all!
I'm not gonna lie, I like what Loom is doing. I believe in a sidechain solution for Ethereum's Scalability issues. I don't understand all the hype around EOS and the likes. They barely even qualify as decentralized. Not to mention they were valued at BILLIONS before they even launched, that is total nonsense and hype. You can have 2 of any of the following 3,...
There is WAY to much over-analyzing on here. Look at the chart and enjoy the ride. Short Term - Bears have the momentum. Long Term - Bulls will destroy the Bears. See you at $30k and beyond.