UnknownUnicorn373805

UnknownUnicorn373805 Updated 

I marked the area where ETH market cap will become larger than BTC and then i tried to highlight the overall range with the curved lines and this merely looks like a consolidation even tho the moves are quite extreme but if this consolidation pattern breaks up thats when it gets really crazy. Saving for future reference.

UnknownUnicorn373805 Updated 

ETH will regain some if its momentum from the early days but lets see

UnknownUnicorn373805 Updated 

Dogecoin currently prints 10,000 doge each block and this will happen for as long as people mine it. 10,000 doge is not a lot in terms of dollars at current exchange rates so the hashrate put into it is relatively small. However if the exchange rate keeps growing then the block reward will become so big that every computer chip in the world and every ounce of...

UnknownUnicorn373805 Updated 

THE SAGA CONTINUES?

UnknownUnicorn373805

Right now there is about $4,000 worth of fees in each block. This number is dwarfed by the block subsidy which is about $300,000 at current exchange rates. The block subsidy halves every 4 years which is an event called a halving and its celebrated because it creates a supply shock and historically sent exchange rate higher. The next halving is estimated to be Feb...

UnknownUnicorn373805

Just a quick chart showing how quick BTC can start dropping if its starts dropping. Remember: Bitcoin has no central bank and no lender of last resort. It can collapse faster than fiat.

UnknownUnicorn373805

the froth is still out there. but medium-long term it will probably disappear. so if gold pick up some momentum from here, it might push past resistance on the daily. time will tell.

UnknownUnicorn373805

ETHUSD is breaking out of a long term slanted cup and handle pattern. if we copy the trend from 2016 to 2018 and reduce it by 50% and slap it on top of the breakout of this cup and handle then we reach a target of $80k. If we do not reduce the copied 2016-2018 trend by 50% before slapping it on top of the current price then the equivalent target becomes $700k. In...

UnknownUnicorn373805 Updated 

Imo the chart speaks for itself? The daily seems to have enough wiggle room marked by the purple curve. Sometimes they are a good indicator sometimes they are not. Time will tell.

UnknownUnicorn373805

The overall trend on the timeframe is up. Lets see what happens. Yellow line = closing price Grey stepping line = Closing price of previous week Grey oscillating lines = highs and lows Why is the scale on the left? Because i want to avoid tunnel vision on the right side of the chart. I want my eyes to travel across the price history when checking the price scale :)

UnknownUnicorn373805 Updated 

Lets see what happens :) Saving for future reference Yellow line = closing price Grey stepping line = Closing price of previous week Grey oscillating lines = highs and lows Why is the scale on the left? Because i want to avoid "tunnel vision" on the right side of the chart. I want my eyes to travel across the price history when checking the price scale :)

UnknownUnicorn373805 Updated 

Weekly chart. The BTC block chain is barely being used anymore. People have moved on to faster blockchains with more usability. Do you think they will come back? I think not So the network effects have gone elsewhere and the halvings on BTC will start to work against it because fees are supposed to pay for proof of work but you arent going to have much...

UnknownUnicorn373805

XBIO did a massive gap late last week but ended up correcting majority of it trapping lots of momentum traders. Will there be revenge? Saving for future reference.

UnknownUnicorn373805

3rd time as far as i can see in a short time frame that FCEL consolidates in a tight range, moving ever so slightly down, then doing it again. 3rd time is the charm? This time it will go up? Time will tell.

UnknownUnicorn373805 Updated 

After Nuro jumped to $40 a new meta has been born. Will RadNet Inc. do the same? Lets see.

UnknownUnicorn373805

Its only been on peoples radar for about 3 days judging by volume. Why not test $60 before its over :)

UnknownUnicorn373805 Updated 

This is the zoomed out view. I am adding the zoomed in view below with comments.

UnknownUnicorn373805

Imo this is a standard trade. Longing the consolidation, betting on continuation. But lets see.