


WAVES is a project we have been keeping an eye on for about a year and we missed the November and December 2020 rally. Luckily we saw a decent retracement in the price. Wave's price retraced 29% off it's high of $9.33 set on 07 December last before we went long WAVES/USD on 05 January and are +66% on the trade. It is time for us to catch a second wave with the...
With Ethereum having gained +1000% over the past 9 months, we must consider the fact that Ethereum is migrating to a PoS network. This will take a number of years to roll out and many projects that were built on the PoW based ETH 1.0 will have to make a decision on whether to move to Ethereum 2.0 or look for alternatives. Ethereum Classic and BSV will be the...
Decred has seen impressive gains since October 2020. We went long DCR/USD on 15 October and have enjoyed a gain of 409%. Moving averages continue to rise and we remain bullish on Decred for the long term. The lates news is that Decred v1.6 has been released. This sees: - A new consensus vote to decentralize the Decred Treasury. - Admission tickets Streamlined...
ETH/USD reached new all-time highs today at $1695 and the moving averages all continue to rise. We went long ETH/USD last April and are +1039%. We took a partial gain at +641% and have enjoyed the free ride given to us by Ethereum. Grayscale bought 47,000 Ethereum in the last 24 hours, institutions want ETH, and they are piling in right now! While the bulls...
Bitcoin Cash daily transactions have been increasing every day since the last week of 2020. Bitcoin Cash miners have processed upwards of 300,000+ daily transactions on various days during the past week and even close to matching Bitcoin networks daily output. BCH was the third most active blockchain in January. BCH has retraced 27% since 10 January 2021 but...
Monero (XMR) looks to be sitting pretty at $141 which is just above its 100 day simple moving average (SMA), now $137.91. The 100 SMA has provided solid support for XMR since it was tested in June 2020. XMR's bullish price trend has seen a series of higher highs and higher lows over the past 6 months. Monero reached a recent high of $190.22 on 10 January of this...
Decentralized oracles token Chainlink continues to gain momentum now that its price has reached new all-time highs. LINK/USD has doubled in the past few weeks. We have been highlighting the possibility of another leg up after the recent price consolidation. LINK/USD broke through the 100 day SMA in early January and has not looked back. The Relative Strength...
We went long Decred on 12 November and are currently +256% on the trade. Decred is trading at $55 just above its 8 day EMA ($54) and well above its 50 day SMA ($33). We remain long Decred for the long-term but would take some profits off the table if support at $50 is breached.
WAVES is a project we have been keeping an eye on for about a year now and we missed the November and December 2020 rally. Luckily we have seen a decent retracement in the price of the crypto. Wave's price is 29% off it's recent high of $9.33 set on 07 December last. Time to get involved and invest some our Ethereum profit. We have rising 100 & 200 day moving...
We went long ETH/USD last April and are +641% on the trade. We took our initial capital off the table and some, with small allocations into other projects like Waves, Tezos, Decred and Bitcoin SV which is incidentally an Ethereum competitor that get very little positive news flow. Ethereum has seen massive gains over the past 9 months and seeing as it still has...
Chainlink looks battered and bruised when looking at LINK/BTC chart. Stochastics suggest LINK/BTC is oversold. MACD indecisive and RSI is not confirming any bullish sentiment here at 33.43. From a contrarian point of view, it may be a good time to go long LINK/BTC.
Chainlink reached an all-time high of $20 on 16 August 2020 before seeing a contraction in price down to $7.30 on 23 September. The price has spent the past few months recovering from the lows and most importantly found support at the 200 day moving average price. $LINK has consolidated in that area for the past two week before a bullish resurgence on 01 January....
We went long THETA on 26 June 2019. The cryptocurrency had an amazing run throughout 2020 and has broken the $2 level on New Years day 2021. It only seems like a few days ago when I reported on the price smashing through the $1 barrier, which did occur on 22 December last. THETA looks to solve the problem of diminishing Broadband Capacity. THETA has solved that...
We went long THETA 18 months ago today. The cryptocurrency has had an amazing run throughout 2020. The price looks somewhat extended right now with $1.15 possibly a more appetizing entry point for newcomers. $1.15 is where the 8 day EMA sits on a one year chart ($0.89 above on longer term chart) and we can expect a contraction to somewhere close to that price...
THETA surpassed $1 today and it's total market cap has passed $1 billion. The cryptocurrency has had an amazing run throughout 2020. The price looks somewhat extended right now with $0.80 looking like a more appetizing entry point for newcomers. $0.80 is where the 8 EMA is resting at the moment and we can expect a contraction to somewhere close to that price level...
XMR/USD broke through the $150 level for the first time since mid 2018. The price has moved above the key moving averages which are on an upward curve. Daily buying volume levels confirm the bullish sentiment. Monero is true digital cash. It has unique qualities and advantages over Bitcoin that people may awaken to in the not too distant future. How many people...
Theta is a native blockchain purpose-built to power decentralized video delivery. Theta works as a long-term sustainable incentive mechanism to motivate all stakeholders to participate in video delivery, fully decentralized. We went long Theta/$USD on 26 June 2019 and are currently +450%. We have seen Theta rocket from the latter part of April 2020 and it has...
Unibright - an Enterprise Blockchain Solutions from Germany. Partners Unibright and Provide will host the first Baseline-as-a-Service Demo Day on 10 December. One of Unibright's partners is CONA (Coke One North America) who are using the Baseline Protocol, their goal being to establish a “Coca Cola Bottling Harbor”, enabling a low barrier network joining process...