ZCOIN, another low cap coin, but ZCOIN operates in the anonymous space and uses something called Zero proof which essentially burns the coins sent and mints new ones to make transactions untraceable. In addition, they are getting ready to announce masternodes, porting with Ethereum, as well as some mining protocol upgrades. It's taken a beating along with all...
So Matchpool is an interesting token and has some potential. It's basically a platform for people to connect. So the community can create 'pools' where like minded individuals can congregate. Can be used for anything from dating to jobs etc etc. They recently announced that they would be moving over to the QTUM blockchain. Not sure if they are leaving...
So QTUM has really defied my expectations in terms of price action for quite some time now. The platform is a hybrid of Ethereum and Bitcoin, and aims to offer the best of both worlds. Great idea in theory and they are attracting dAPPS from Ethereum already. The China FUD did it no favors, but they also missed the boat with announcements of exchanges that did...
So it's been a while since I last dropped a chart. Been busy and also trying to get better. For this chart, I've been following Stratis, which is a platform I've always kind of liked. I like the name, I like the fact that they got an early start with MS Azure, they have kind of the sweet spot on coin count for my taste, and they have good ideas moving forward. ...
So EDG is an interesting token working off of the Ethereum network which offers an edgeless online casino. They claim that they are waiting to launch properly due to them finalizing their Vegas casino license, which could come as soon as the next 1-2 months. If they manage to get that, they say that they will be able to work with fiat currencies which would be a...
Here's Lisk, kind of an underdog platform, but with strong team and community. They work of a DPOS model with voting for a master node type system, so they seem to have a governance model in place which is working for them. Their core feature is that they are a platform which will function in a similar manner as Ethereum, but they will have side chains...
Ripple has to be one of the most confusing coins in the space now. They make amazing announcements and price drops. They have real world functioning partnerships with major banks, price drops. I have no idea what is motivating price action on this other than big fish pressing the price down. I don't buy into the whole centralized thing, as traders who move...
This one is a tougher call and I'm going to wait for ETC to break that downward trend before I consider going in. Reason being, there doesn't seem to be the development or interest in this coin at the moment. Ethereum is releasing a major upgrade soon and ICO's are coming out so often I can't keep up. I'm pretty diligent about looking around, and maybe I've...
So I'm a holder of VERGE for a long time now. The chart has never been one that gave me a lot of hope, but I do see potential in the concept, development, and the near rabid community that supports it. Check any poll or list that allows voting on crypto and you will see the Verge community come out in full support. I've done a fib retracement here on the entire...
So what some of you may have noticed is that the trend cycle for the 'original' alt coins is swinging back in their favor. DASH and MONERO both had strong moves recently, NEM pushed hard as well, and ETH is set for a big September. So LTC is left after hitting the floor not seen since early June and May. Seems like an eternity in crypto time. On this chart,...
So here's another chart where I won't bore you with lots of technical indicators. I am primarily a believer in trends, patterns, supports, and resistance. The indicators do help in projecting and confirming those areas, and they are fun to learn and use, but the trend lines are what I follow the most. For NEO, I've noticed a pattern formed based off of the...
So PAY is a really interesting crypto which aims to remove the barrier between crypto holders and fiat businesses. They do this through ATM cards (real and virtual) which can function as a regular debit card using the major cryptocurrencies (BTC, DASH, LTC, ETH and more). By holding PAY, you earn a percentage of the transactions as well, which is paid out in...
So Metal is a project that is new to me. It is a recent token off of Ethereum, and apparently they are alpha testing their system with a small group of holders and members of their chat community. Their website has an allstar team from all kinds of industry leaders in their various fields. To be honest though, I still need to research them a lot more before I...
So I think most of us are aware of this, but the chart is striking nonetheless. ARDR in particular seems to have its fate directly tied to BTC's. I haven't done this against many other alts, but I'm guessing that a lot are very similar.
So I'm really new to Elliot Wave, but I enjoy the theory as a basic concept of human behavior. The first 5 waves of OMG seem relatively clear and straight forward. I have more trouble with the correction waves as there seem to be more variations. If anyone out there can assist, would really helpful. Also, interested in a projection on breakout out of the...
So Bitcoin's massive run pretty much ruined my idea of a big cup & handle. But I'm pretty sure it ruined most charts for long term projection, so is life in crypto. In the short term, BTC may correct and I see NEM getting back in shape. This could be a very nice buy opportunity as NEM is very near it's previous floor and alts are now negatively correlated with...
So, tons of charts on NEO I'm sure, but I thought I'd add my 2 cents from an amateur perspective. Nice uptrend after the correction which has crossed over both EMA (9, 30), so looking bullish there. Price action tracking well against RSI too. I didin't include the Bollinger Bands, but price action is on the plus side of that as well as Stoch. Also, when I did...
So I wanted to do a nice write up on QTUM and why I like it for long term, but it's late and I'm tired so I'll just do this technical part and then I'll come back with a fresh chart another time. I'll just say that I like the idea behind the tech, which is to combine BTC transaction security with ETH smart contracts. Do note, that I have recently discovered...