The first EOS Bees swarm to now shows 47% increase
Has anyone else noticed that almost ALL the crypto charts look about the SAME!!
Bitcoin inverted is providing a perfect cup and handle pattern. I've successfully traded this pattern for years. It mean's convert your BTC to USD rather than buy bitcoin. I don't want to sell any BTC, but the chart is telling me otherwise. ...What to do? My heart wants to keep BTC, my charts tell me to sell :( Please provide your thoughts as I'm not sure!
Ethereum is way overvalued and not really good at anything IMHO. It's hard to write smart contracts, transactions are slow, expensive & limited, and it has security vulnerabilities as people can front run your transactions. There are many other blockchains that perform better. In fact the best application, CryptoKitties has created their own blockchain...
Tesla model 3 owners are rabid fans. I once asked a neighbor about his while walking my dogs and he talked for half an hour about how much he loved it, the technical specs, and even more about how he loved it. He keeps it safe in his garage while is Prius is left outside. He would have kept talking for another hour+ about his Tesla, but by that time my dogs...
I previously reported about a dead cat bounces on the SPX. However, this dead cat has recovered 9 times. I don't understand how this market could be up, but maybe this dead cat has 9 lives and no more lives left....
My previous dead cat bounce prediction was correct. I think we are setup for another when everyone realizes the extent of the covid stimulus cookie jar. twitter.com
Important to consider previous depression to see how this one will play out. Note that stocks go down rapidly, then try to go back up for a bit before crashing down again. Over and over again. DJI lost 89% during this period.
Bitcoin has been trading within a wedge pattern that I've been tracking for many months. By May 2020, I'm expecting a major breakout of the wedge pattern, just don't know which way it's going to go. Please comment your analysis or opinion on which direction out of the wedge pattern.
Hang on for the ride, today looks like a dead cat bounce.
From what I understand a regular head and shoulders like this are a very bearish pattern...down!
I've been tracking this wedge pattern on Bitcoin (BTCUSD) for a number of months. I buy when it's below the wedge and sell above the wedge for some short term profits. For example sold at $10221 Feb 11th and bought back today for $8631. When I created this wedge pattern, I really didn't pay attention to the Halving (or Halvening). Recently I just noticed that...
EOS mainnet launched REX on 1 May 2019 and it has been a disaster both in terms of EOS value and exploitation by EIDOS. This chart clearly shows the drop in value. Bitcoin is used as reference versus USD since cyptos tend to move together. REX has CAUSED a drop of EOS vs BTC value by 61% it's time to ELIMINATE REX #REXIT now
Continuing my early accurate predictions of EOSBTC, it looks like BTC has extended far enough from the pivot point and ready to give EOS a chance. With EOS handling over 60% of all blockchain transactions, it's definitely undervalued versus Bitcoin at this level. Bitcoin is still the main entry point for new cryptocurrency entrants so good idea to hold BTC,...
The current EOSBTC price around 0.0008xxx seems to be an overall pivot point between EOS and Bitcoin. While EOS hopes to be the Everything Operating System, Bitcoin is emerging as a great non-correlated asset and gold replacement. Block.one June 1 announcement wasn't great as they announced a super product, voice.com, that won't be available for months. Based...
Everyone talks about how great the US stock market and S&P 500 (SPX) investments has been for the last 70 years. If we take a different perspective and fix SPX to $1 and show how your dollar bill has actually FALLEN substantially. full article: medium.com The US dollar is the strongest currency in the world for analog traditional money (atm) and yet every decade...
At some point EOS will break away from BTC since they have different use cases. EOS for dAPPs and BTC for store of value. EOS is trying to break away. Note that EOS and BTC will still move together for overall market sentiment at a macro level. Digital Tokens & Money (DTM) is a new term I've developed to refer to all the space of blockchain, cryptocurency, EOS,...
EOS looks like it wants to breakout from a pennant but continues to get resistance at $3.00. If EOS can break out of $3 with some volume strength, I think it will fly. Expecting news from Block.one and hopefully Coinbase can list it.