Ethereum has been sharing the fuel along with Bitcoin in this ICO craze. ETH and BTC have both been the premier choice of a transaction medium getting into ICOs. The game wont stay this way much longer, as we are already seeing the signs unfold (ICO bans, dwindling volume, regulations coming, ICO's not hitting fundraising goals). ETH had a pretty emotional cycle...
We are still in AMP's ideal buy zone. What this last cycle looks like to me is more of a 0.5 fib bounce from the first one, as shown in the chart. What this tells me is that it was for a shakeout rather than anything else, due to AMP wanting to make an expansive move in the future. Synereo was in the top 10 ICO's of 2016. Their staff are serious developers with...
Many think this coin is nothing however that is quite the contrary. PASC is a unique, one of a kind blockchain that is all original and not a clone of anything else. It is written in free pascal which is a unique programming language. I myself am not a coder so feel free to join their slack if you wish to discuss the benefits/cons. Now Pascal was listed on...
GOLEM has confirmed it broke the downtrend and is likely to bounce off and consolidate sideways in this support channel as it gets ready for the next move. Developments have been constant and ongoing and there is massive promise and potential in this project. We are at the best possible buy opportunity of the next cycle here, and setting our targets from the...
We can see Civic battling through the resistance attemping to snake its way out of the bear trend. Notice in the bottom chart how each time the price breaks the downtrend, it bounces off of it confirming support. Considering the current valuation and potential, it wouldnt be uncommon for Civic in its next cycle to go for the 4.72 of its post ICO move as a target...
Humaniq has yet to have a proper market cycle. Using the highs and lows of what we have so far, we can safely say the next cycle will go for the 4.72 which would be around 0.00038000. We do have the potential to go higher, its doubtful but we will track when it starts.
WAVES investors are in for a ride. Majority of them not understanding why their investment is bleeding out and the fear/anger is beginning to kick in that will never go back up. Crypto is a game of controlling your emotions more than anything. No coin is immune to these cycles of fear and greed; Fear being moments where you are scared that your investment will...
Once again we have created a real steep uptrend with this bounce and breakout. Very likely to retrace to 5900 which would be the 0.5 fib of the breakout and liquidate everyone who bought it, which would play into tagging the uptrend as well and bouncing to complete the wave 5 target of 6800.
ZEC is completing its first market cycle with a classic 100% retrace. Likely to find support here in the buy zone set by prior lows of support. ZEC has been in its mining phase, establishing a good distro as well as market cap keeping up with coin emission. The development team is all ivy league and big names are behind this; not to mention the tech is solid, even...
Without a significant retrace, likely we are still in a continuation on wave 5 and choppy since we are so extended in price here in retrospect. Likely target would be the 1.61 of wave 5 which could put us around 6800 and form a proper legnth'd wave 5. I would expect significant resistance at that price. I am unsure as to the reasoning of an insane amount of...
Analysis from prior chart is manifesting perfectly. We saw a fakeout break of trend and a bounce to find stability right above again. Price approached set downtrend as shown in red line and is currently being denied. We could consolidate for a bit right under the trend which would also be building support above the 1hr cloud. Ideally I would stay out at these...
CVC in an ideal consolidation channel from prior lows. Note all we have to go off is a mini market cycle and not much data since its still new however this would be an ideal entry if you were looking to enter the market. Vinny Lingham despite what people say is a successful person and highly doubt this project goes absolutely nowhere.
Once again the same classic crypto story being told here. DCR was praised by many, including Charlie Lee as being the Golden child of crypto with its "governance". The market doesn't care, it just wants to make money and that can only happen with loss. DCR is bleeding out as people fight the trend, expect it to go into the prior consolidation belt, which once...
Jack the ripper has nothing on XRP. Expect emotions to be flying high soon. Post conference has been a sell the news with nothing said their to justify a price increase. Considering BTC doesnt want to cool off, expect XRP to keep bleeding into a past consolidation belt as seen in the green rectangle, which would be an ideal place to begin to build a long position...
With the release of the platform and daa's finally and mobile app rolling out, Iconomi is finally starting to come to fruition. We have completed the classic crypto market cycle and have found ourselves in a 100% retrace which aligns with a prior support belt; the perfect place to begin to enter the market again as many have lost and in this zero-sum game, now...
ETC has promise, there is no doubt about that. It is currently in the classic 0.883 retracement zone, as well as likely to respect prior top as shown in the green line. I would start averaging in a long position here.
Humaniq is low market cap low liquidity at the moment so position trades accordingly and understand what you are getting into. Right now we are in the best possible buy zone, times where nobody is looking to buy the market, just like I am sure for many who read this, your best times to sell a market is when you chose not to. It is the psychological game of crypto...
This is the most likely outcome in the next 6-12 months, which ties into the next altcoin rally perfectly.