Reposted for Visual Clarity: Hello, Lovely ChartHunter-PipGatherers, there are herds of mainstream altcoins to be harpooned right now, so I'm serving up some thoughts on ETC. Yes, I like big profits. Yes, fraudulent fools call me a "reckless cowboy." Yee-haw. I'm not going to go too much into the fundamentals other than to say this: know your FORKS from your...
A lot going on in this chart, try to follow the patterns, Expanse is quite promising in my eyes, this is another coin where it PAYS to know your FORKS from your spoons. The developer's twitter said "October is going to be a big month for EXP," and they hit a lot of milestones this month, this one is a keeper.
Long trade for Stellar, RSI is distinctly oversold, and the awesome oscillator is awfully quiet. Market cap is over a quarter billion, which is quite substantial, as is the circulating supply of 16.5 billion. Look to the 38.2% Fibonacci level for a general profit target in the near-to-intermediate future. Keep Hunting Everyone.
Title says it all, folks. I been busy hustling and schooling but occasionally you'll see me pop back up out of nowhere, like a wack-a-mole with a vendetta. With the certainty of political uncertainty looming; high-speed post-nuclear WWIII with Korea and Iran, Second American Civil War, mass deportations, impeachment and/or invocation of the 25th amendment,...
This chart shows a number of possible directions that price could take and is meant to spawn multiple trade ideas. I firmly believe in diversifying positions and trade ideas within the holdings of one individual asset, but I posted up an example with targets for a long trade that will help to manage risk by utilizing major resistance, as well as Fib levels, the...
We're looking for a hard bounce in this long trade. Market cap is 35 million, circulating supply is 24.3 million. Peercoin price has been continually punished but the market recently was aggressively oversold, I'm looking at this as a long-term reversal opportunity. Volume today is a half million dollars, which is pretty thin, and this might also suggest a...
Here is the Eurodollar on the one week chart. It is overbought on stochastic and RSI. On the daily chart, Stoch and RSI seem to be showing some room for the possibility of a continued uptrend, but I do not believe that it is sustainable for very long. The pair is retesting major resistance that it has recently broken, and I do not expect it to break far beyond...
Here is another look at Gold on the all-time chart. Indicators are directional movement index, correlation coefficient with BITCOIN , and a set of Bollinger bands . I like my bands to be drastic and i use OHLC average method, the reason being that I want to see all those fluctuations, I want the constrictions to be painfully obvious because constrictions signal a...
This is a Counterparty all-time chart with Foldingcoin and Bitcoin overlaid for comparison. Foldingcoin is based on the Counterparty blockchain and you can see that there is significant correlation between the two, with FLDC outperforming XCP considerably as measured by percent change. Both of these assets are young, show promise, and have a multiplicity of...
This is a follow up in response to a comment from a viewer, I've added on a few possible targets that you could use to manage this trade. I recommend that you split up the body of your holdings into different trade ideas with different expectations and time targets, so this is why I have given a range of possibilities. Having 3 separate positions in 1 position...
In my experience, DASH serves as a leading indicator of altcoin markets generally. The reason for this, I believe, is that DASH has cultivated a solid community of interested participants, and the DASH team provides educational content. Dash is popular for being easy for the end-user both to understand and to use, and this is a challenge that many coins have not...
Here is simply what I think the S&P will do in the next two decades. What goes up must come down. Despite political turmoil in the United States, which country is better prepared with a more developed, regulated, and with a perceived "safe" and open financial market, than the U.S.? RSI, Stoch, and MACD all indicate the potential for a strong sell-off. But what do...
The time is upon you. What will you do? Will you get rich or will you allow fear and sickly indecision to paralyze you and your bank account? Here we see yet another Elliott Wave Long Trade for BITCOIN. This wave analysis is unique compared to my other published ideas because we have a strong CONFIRMATION of the initiation of wave 5. If you don't understand the...
Here, I thought it would be interesting to look at correlation coefficients and explain the inefficacies of measuring percent change in trying to understand complex behaviors and relationships between some of the top digital assets and some of the newer ones. Percent change is useful for measuring volatility. It shows where there is a lot of price movement, and...
Here we see a basic Elliott Wave Pattern where wave 2(corrective wave) has not retraced 100% to wave 1, wave 3 is clearly the longest, wave 4 has not retraced to the top of wave 1, and wave 4 (corrective wave), appears to be yielding to wave 5, which is potentially the final impulse wave. Siacoin features longer addresses which are cryptographically more secure...
This chart is looking at the percentage of change in price of LTC between a few national currencies and a few popular digital assets. By doing this the aim is to look at how Litecoin performs across different markets and develop trade ideas based on trends. I already bought at $3 and sold at $45, but am evaluating the market for a possible re-entry. Let me know...
What's up Guys and Gals, this is a short sale idea for Ethereum based on 3 prior sharp sell-offs over the last few months. The idea for this trade is based on the market meeting resistance at the 38.2% Fibonacci level (the entry on our potential short trade), and re-testing the 61.8% Fibonacci level (which is our profit target AND potential entry into a long...
This is why digital assets are so lucrative and why they're so dangerous. Here is a long-term chart that shows traditional major US equities indices alongside the Gold market (the red and blue bars), as well as Bitcoin, Ethereum, and a few other promising digital assets. This chart shows precisely why Siacoin, DigiByte, and others are worth examining closely: the...