jimbo32010
Huge triangle with an apex on the 26th Jan, which just so happens to be the day when the CME futures expire. And who said the markets werent manipulated by futures... Hey ho. Just make sure you are prepared for a rally after the contract expires.
Heres what happens when you print your own coin, take in BTC, exchange it for PONZI coin, then close up the scheme, converting your customers money into PonziCoin, and the keep the remaining BTC.
Still stuck in a triangle, with a downward bias. Trade the range.
Still holding trend/ buy accumulate ETC on dips for a break of the highs. I like the network, transactions are fast and not overloaded, its a cheap market cap coin and offers a lot that ethereum offers. Potential for further forks/joint projects with other coins. If we get a further sell off we could revisit the lower trendline, for a good entry.
REP has made a nice consolidation over the last 12 months and put in a good W bottom. From now it looks like the path of least resistance is up. Buy Dips.
EOS looking so strong here, this is one of the diamonds of blockchain 3.0/ along with cardano, the only difference EOS have a currently operational platform Dawn 2.0. EOS is dubbed as the 'scalable' ethereum. Having got it at the lows around 1$ im hoping for big things with this coin. I can see big upside once heading into the closing of the ICO. Im adding on dips...
Im liking these prices on LTC lower than here. If we get a dip a on LTC, look for support at A and B. If we get as low as B, it could be a great time to buy Litecoin. Usually in this situtation i buy half at A and the other half at B, which is effectively dollar cost averaging into a position.
I can see two things happening, a pop to the inner uptrend line to establish a secondary steeper trend, or a further pullback to below 10,000. Both completly different strategies, on balance best strategy is to have half in cash, to buy a dip (if we get one).
Monero is interesting right now. Weve completed a 61% retracement of the big breakout. But we have rallied back to resistance. There is a lot of competition from other privacy coins and the upcoming BTC fork of BTC private might kill the privacy coin market dead. Interesting times? What do you guys think of the 'Prvacy COIN' market?
A significant drop on ripple to the 78% fib retracement, found value buyers.
We are in a trading range, undecided on direction at this time.