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Day: January 7, 2019

BITCOIN: Hesitance and Low Volume

January 7, 2019 Published by

Still volume so small, drawing what is seems to be a shy bull flag after the 5 minutes move upwards yesterday…

Someone may say that is Bullish signal, some may say that it has been only a “manipulation” movement willing to trigger the upwards constant move but…it seems to be only a few big buying orders willing to move the market indeed…

We are still far from being out of danger despite BTC is moving above the 50 EMA oat the 4h-chart…

I’m still considering a final move upwards before correcting long down…

Remember, two options, either BTC crosses the “Neckline” of the inverted

Investing May Be Simple Than It Seems

January 7, 2019 Published by

As I fly across the atlantic 38,000 feet in the air with no internet I find myself left to my own devices to create content.
Normally one can research a topic, reference their prior works or analyze a price chart.
This is sort of good though.  There is a quote, I believe it was Benjamin Franklin, but don’t quote me on that and the general idea of it is that man is never more resourceful when left to his own device.
I feeling that a bit now as I am disconnected and don’t have the laptop with me that has all my files. 

BITCOIN – limited upside

January 7, 2019 Published by

Looks like the ascending triangle bottom hold and bounce up + breakout kinda of unexpected as i mentioned i was more bearish in the last post. Despite the bounce and breakout, i m still bearish upside move is limited. Quickly came down to test support of 4000 and bounce up again. Possible consolidation between 4200 to 4000.
News: (Current) | (Upcoming)
Short term moving average (day candle) :
RSI :
Network Value to Transactions Ratio :141
Total marketcap :136
Dominance :51.7
Bitfinex Margin Long/Short Volume Ratio :
Depth Chart : (S) | (R)
Weekly Timeframe :

Crypto Contest January 7: Litecoin

January 7, 2019 Published by

Litecoin (Bittrex: LTCBTC) has broken out of the triangle pattern in the weekly chart.

(Chart courtesy of Tradingview.com (log scale))
Elliott Wave Analysis
In Elliott Wave terms, Litecoin began a wave one advance in October 2017. The red wave one (blue sub-waves i-ii-iii-iv-v) finished in February 2018, and the red wave two (blue sub-waves a-b-c) correction ended in December 2018. If this wave count is correct, Litecoin should be heading next towards the February 2018 peak in the red wave three.

(Chart courtesy of Tradingview.com (log scale))
Looking at the monthly chart, I believe Litecoin is currently in the red wave three (blue sub-wave iii).

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