Gold trading is in bearish mode recently but in overal big picture the up-trend is still constructive. Possible support zone around 1290-1295. Let's see if we get there.
Ethereum (ETH) compared to Humaniq (HMQ) coin price. Clearly visible how ETH outperformed HMQ in the last year. Maybe it is time for a reverse. Technically Humaniq looks quite good while on the other hand ETH seems very bearish right now. I am long both coins but believe in 2018 HMQ will outperform a lot. Plus lot of fundamental drivers on the back-end!
Platinum is forming medium term bottom at the current levels. It is relatively safe buying opportunity especially for long term Platinum investors.
The chart presented shows how Bitcoin and Ethereum behave compared to each other in the last couple of months. Bitcoin seem to overreact in several occasions and also its top was about two weeks earlier in late December before Ethereum top in early January 2018. For now all the technicals for both assets are constructive and we keep our Long view.
This coin will have bright future! It is connected with biometric app allowing unbanked people in Africa and all over the world to have access to money with just one finger print on the screen of their phones.
The trendline show clear signs of consistent bouncing and also ETH is with much stronger positions than BTC recently.
IOTA just touched 78% Fibonacci retracement and is heading toward the hard support level of 1.20. We think there we will see massive support and the greatest buying opportunity of 2018.
At 78% Fibo retracement Ripple (XRP) looks well supported and a good buying opportunity considering the long term potential of this cryptocurrency.
ETH reached 50% retracement of the move from July 2017 Low to the most recent Top. It is a good opportunity to enter the market, especially for people who didn't suffered significant losses durring the January downturn.
Verge coin retrace from 71% fibo and maybe already started the next jump. Even if not ready yet, it is clear it found a strong support at the current levels.
After clearing the stops of the most vulnerable long traders the paths to the north is cleared.
Buying dip of a selloff with stop below the minimum and Reward/Risk ratio of 1.6. Good enough. Hope it will work as expected.
I am slowly building a big long position in TRY/JPY pair. Turkish Lira is quite under-valuated at these levels and despite the recent strength of Japanese Yen I think in the long run JPY will weaken across the board. This is a carry trade position which will bring lot of interest while running. At 8.5% current interest rate of Turkish Lira outperform almost all...
MONERO (XMR) is trending higher despite BTC and some other coins are still consolidating and testing their most recent bottoms. This is a sign of strength that can materialize soon. I am long XMR!
Bitcoin is forming a stable bottom at around 13350 and this level is a good point for at least short term buying into the strength.
NIKKEI 225 technicals are very bullish at the begging of 2018.
Ripple (XRP) extreme surge in the last couple of days open questions about the sustainability of such moves. With over 120 billion total capitalization it already took the second place after BTC from ETH. It is clear that the rise is a result of massive outflows from BTC into other alternative coins, but how long it will continue?
Shorting USD/TRY pair on a top failure on daily chart. I think at least short term this idea will work. Reward to Risk of 1.4.