BAT is trading above 300% down from ATH and 150% down from the recent high in 2018. This is a strong project with an excellent team that has already proven itself by releasing products to market according to their roadmap. #DYOR From a TA perspective: - Falling wedge pattern. Should breakout bullish to the upside. There was an attempted breakout on the 1st...
Quick look at the 8HR Chart to see if there are clues for when this current correction will end: - BTC was in rising wedge reversal pattern before it did break down. According to the rules of this pattern price should drop the same amount as the third side of the wedge, as indicated by the red arrow. This level has been reached and indeed as it stands price is...
I am looking to build my holdings in ZEC as I believe that privacy coins will do well in 2018. I also have long positions in others (XMR, XVG). Starting this idea to evaluate opportunities to buy. ZEC has high active development, good liquidity and a decent community (www.coingecko.com). ZEC is currently trading at 440 and is approx 45% of its ATH. I have drawn...
Volume looks strong. Momentum could continue as BTC struggles to find momentum (Futures uncertainty). Target 1: 0.1064 Target 2: 0.127 Target 3: 0.156 (New All TH) SL: 0.069 to maintain the RRR below. RRR: 2 Good luck. Not investment advice.
I am looking to build a larger bag of ETC for long term holding. Here is why: Fundamentals: - Callisto airdrop due in March. Should lead to folks jumping on ETC prior to drop (see $IGNIS on $NXT) cryptovest.com - Strong project with good development team - cryptovest.com - Development Tools (Smart Contract) coins should do well in 2018 as the foundations for the...
After a steady climb for 7 days BTC is correcting now for the 2nd day in a row. Is there reason for concern? Let's take a look at TA: - Volume slightly declining - High failed to breach the 11917 R level for the 2nd time and was slightly lower than the high on 20th feb - Price is testing 1) 2 valid trend lines (4HR) 2) the 50 EMA on the 1D and 3) the strong...
Looking to build my holding in GNT and hold for 2018 as I feel it is a strong project with good upside potential. Question is when to buy in. Let's take a look Fundamental Analysis: - I feel the market for distributed computing (Airbnb for computing power) could be huge and that we could some releases in 2018. - Strong developer community (www.coingecko.com) -...
I am looking to increase my holdings of IGNIS as a long term hold through 2018/19. $IGNIS is the first child chain of Ardor ($ARDR) which is built on NXT ($NXT) technology. IGNIS is a blockchain-as-a-service which uses child chain concept to solve the problem of scalability. Ardor has a strong community and a good develop base. This could be a dark horse in the...
There have been three instances where the price deviated significantly from the 200 EMA which was then followed by a correction of price back to the 200 EMA line, as follows: June '17: 315% deviation from 200 EMA Sept '17: 105% deviation Jan '18: 215% deviation Other price deviations from the 200 EMA have lead to consolidation and eventual further price...
Review to see how trade plays out: Bullish: - Kumo Edge to Edge - Previous TK crossover however not as strong as it was below the cloud. - Kumo cloud is flat...price tends to be attracted to this. Bearish - Future kumo cloud is bullish - Potential double top formation - Similar pattern back in July when it did drop down before further gains - Low volume Buy:...
I am looking to add to my REP bag for long term hold. Reasons are: Fundamental Analysis: - I feel that the predictions market sector will see good gains in 2018. - REP is a good project with a refocused white paper (medium.com) released yesterday - Has strong developer activity and good liquidity (potential upside here) (www.coingecko.com) - Low number of coins...
The question on everyone lips. Let's take a look at the charts. 1D Chart Starting with the 1D to get the broad picture. Remember as well that signals on the higher charts are more reliable. Key levels of Support/Resistance are: 11470 - Has acted as strong support and resistance on the 1HR chart between 21st Jan and 29th Jan when it finally gave way to the...
I bought all I could in the ZRX ICO and it has provided great returns. It is in my HODL portfolio as they are building the 0x protocol which they hope will act as a critical piece of infrastructure for the token economy, allowing Ethereum smart contracts to programmatically and seamlessly exchange Ethereum-based assets. In 0x protocol, orders are transported...
I am looking to build a bag of Gnosis for holding in 2018. I am bullish on the project for the following: Fundamental Analysis: - I believe the predictions market sector will perform well in 2018. I am also planning to build my holdings of REP. - GNO has been under development since 2015 and has some major roadmap releases in 2018 (gnosis.pm) - Strong team and...
I am looking to add to my position of NEO for 2018. Here is why: Fundamental Analysis: - NEO is one of the leading projects in the Dev Tools / Smart Contracts sector. This sector should continue to perform well in 2018 as it did in 2017 as is a foundational use of blockchain (building blocks). - NEO has 27 ICO's coming to its platform in 2018 (www.reddit.com)....
I am looking to build my holdings in CVC as I rate the fundamentals of the project and the team. Starting this idea to evaluate opportunities to buy. CVC is currently trading at 0.0005976 (approx 50%) of ATH (Dark Red line). I have drawn the key support/resistance levels in dotted red. The thicker red line at 0.00005465 is a strong support as it has been tested...
I am looking to build my holdings in Stellar. Big news due for 2018 as they continue to add new projects to their platform. The recent Mobius Network news they are choosing Stellar over Ethereum was big news. www.coindesk.com I am also still strong on Ethereum because of its strong development community, first mover advantage and their plans to fix scaling and...
I'm looking to increase my bag of ETC and I think it a great time to be accumulating. Here's why: Fundementals - @Robinhoodapp is launching and will create fomo as ETC is going to be listed - Callisto airdrop (cryptovest.com). See how $NXT grew as folks wanted $IGNIS - Strong ETC develop community (see www.coingecko.com) It's cheap on the technical side: -...