As many altcoins, XDC has started to massively outperform Bitcoin !! It has broken out of the bullish descending wedge and already accomplished a complex backtest ! Will be interesting to see how this further develops ....
As many altcoins, THETA has just started to outperform bitcoin and has broken out against bitcoin !! Will be interesting to see how this further develops ....
As many altcoins, DOT has started to clearly outperform Bitcoin !! Will be interesting to see how this further develops ....
As many altcoins (even if BSV is not really an altcoin), BSV has started to massively outperform Bitcoin !! Will be interesting to see how this further develops ....
As many altcoins, XLM has started to massively outperform Bitcoin !! Will be interesting to see how this further develops ....
TRIAS is yet another example that shows that we should not lose hope and that, on the contrary we should expect great things from the market medium term. TRIAS has formed a beautiful bullish bat pattern on the daily time frame. This pattern suggests an easy 10 x for this coin medium term. On a long term time frame much bigger numbers are possible.
While Bitcoin is crashing towards 20'000 USD... BSV is breaking out against BTC after having completed a 4 year bullish wedge and after having completed an around-the-apex move. This is indeed very bullish for BSV (non necessarily bearish for Bitcoin - which has a strong marketing team behind it). However BSV has the technology and is building around a working...
RSI has NEVER been that oversold in history ! MACD showing some positive histogram (green line). OBV (on balance volume) has NEVER given back anything of its strength. We are in a bull market (and have always been in a bull market) for XRP. Price wise we are resting on support (blue line). Do not expect exclusively bearish price action !
There is ONE coin of which I am certain that it is NOT in a bear market !! THIS IS BITCOIN SATOSHI VISION. MACD is screaming G R E E E E E E E E E E E N since a loooong time !! RSI is showing a huge positive divergence ! Price has formed a bullish parallel channel just below the apex of which it recently broke out. Same is happening in the USD cross...
This ratio has proven to be effective at least 4 times since the secular Bitcoin bull market has started: JAN 2015 - AUG 2015 - DEC 2018 - MAR 2020 Will it show the way in JUN 2022 ? Odds favour it might be so ! Either the ratio touched the 7 year ascending trendline (JAN 2015 - AUG 2015 - MAR 2020) Or the RSI of the ratio reached deeply oversold levels (DEC...
The recent crypto melt down has not changed my call on Monero relative to BTC. I have been shaken out of my position and I already regret it. The long term outperformance of XMR relative to bitcoin is still valid. The downturn only provided a strong backtest of the breakout. PRESENTLY THIS IS A NO BRAINER !
XMR has violated support on the 185 - 189 USD level. However it reclamed that level very rapidely. MONERO has formed a beautiful cup & handle pattern on the USD pair. Difficult to be bearish - despite present market conditions.
I have never been a great believer in this project ! Perhaps because of ignorance ... What I do know is that TRX has been in a bear market against Bitcoin and is about to break out from a monster symmetrical triangle !!! The implications of this would be huge ! Not only for Tron but also Bitcoin and the digital asset space as a whole ! That is why I stubbornely...
This is my first post after the FOMC meeting (that could indeed be very meeningful for the digital asset sector - time will tell). ----------------------------------------------------------------------------------------------------------------------------------------------------------- I have already posted many times and explained why I was bullish on BSV. I...
The reasons because I took a decent position in Monero are the following: 1 never before in history has privacy been under attack globally 2 people need privacy not only if they are evil (they need it especially if they are good intentioned ;o) 3 monero has some interesting protocol upgrade coming, that will make it more private and more scalable 4 xmr has been...
Why I went in heavy on XDC: 1 Uphold recently announced they would add XDC to their platform 2 Stong marketing action behind the coin (national sports team) 3 It is an ISO 20022 coin 3 Technical analysis is showing strong set up 4 Very much undervalued coin (still small 800 million market cap) 5 Supported by the World Trade Organisation who are backing this...
Bitcoin dominance is in a descending triangle for 12 months now. It has touched the base three times now. In most of the cases the breakout is bearish. The PO of such pattern would be a dominance at around 25 - 27 %. Do not discount an Altseason yet.
Do not miss out on this opportunity ! XVX just touched the ark and is rebounding. If we get an Altcoin rally (which I firmly believe - despite all the bearishness in the space) this will be a 10 x just to reclaim ATH. Long term I expect much more from this hidden gem !!