The Bitcoin Win-Win

It’s really not very often you uncover a Win-Win opportunity in a market. Sure, at a granular level you can always ‘trade a range’ and potentially benefit on both sides of asset movement. However, with BTC we find ourselves with an almost perfect upside/upside opportunity.

Win One

BTC corrects in the near future. Most analysts are calling for a 35% drop from recent highs – referencing past price action. I personally feel a correction is likely either now / sub 10k run up / or after clearing 10K but the extent of the correction will be shallower, in my opinion, because

Bitcoin Technical Analysis: Breakout

Bitcoin finally broke up and out of the wedge it’s been consolidating in over the past 2 weeks.

Zooming out on the monthly chart, we can see the last swing high (approximately $8,480) was created back in July of 2018. Price has now officially taken out the prior swing high (on the monthly) of the bear market. In my opinion, this confirms the bottom is in.

Looking at the weekly chart, we can see the 21 week EMA is about to cross above the 55 week EMA…a very bullish indication. That said, we can also see just how extended price is, well

BITCOIN – 26 May

On 4hr chart, the bull flag breakout upside and rally up to the possible channel top. As mentioned previously possible 3rd leg towards 9600 zone.
News: (Current) | (Upcoming)
Short term moving average (day candle) :
RSI :
Network Value to Transactions Ratio :
Total marketcap :
Dominance :
Bitfinex Margin Long/Short Volume Ratio :
Depth Chart : (S) | (R)
Weekly Timeframe :

BITCOIN – 26 May

On 4hr chart, the bull flag breakout upside and rally up to the possible channel top. As mentioned previously possible 3rd leg towards 9600 zone.
News: (Current) | (Upcoming)
Short term moving average (day candle) :
RSI :
Network Value to Transactions Ratio :
Total marketcap :
Dominance :
Bitfinex Margin Long/Short Volume Ratio :
Depth Chart : (S) | (R)
Weekly Timeframe :

BITCOIN: That’s a breakage!

I told you a couple of days ago!There was a clear decision point but the sustained volume and the RSI was suggesting a sudden price action which I bet for the upwards sense.But now we are closer to a major correction since the count has varied a little. Here I am aligned more or less with @ew-and-patterns .In my opinion there is a valid count that will bring us to see BITCOIN at 9400 USD nowadays:

Can you see those Roman numbers in blue? That sub-count is on play right now. It will form the last wave (the 5th) of the

World Stock Market Relative Strength Analysis Report For Week Starting 5/26/19

The Standard & Poor’s 500 Index (known commonly as the S&P 500) is an index with 500 of the top companies in the U.S. Stocks.  Because the S&P 500 Index represents approximately 80% of the total value of the U.S. stock market, it’s the bellwether index for the U.S. stock market.  In addition, the U.S. stock market is the largest stock market in the world, it’s also the bellweather for equity markets around the world. The S&P 500 is arguably the most important stock market index on the planet.

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Because we live in a global economy, the global equity markets

Forex Analysis Report – 5/26/19…I Missed My NZD/USD Short Opportunity

The New Zealand Dollar remains under pressure early Thursday as lingering U.S.-China trade tensions continue to weigh on sentiment. Sellers are also responding to heightened concerns about global growth and the news that the Trump administration is considering Huawei-like sanctions on Chinese video surveillance firm Hikvision.Bearish traders are also betting on a further reduction of the cash rate before year end. That could be the reason why the New Zealand Dollar failed to draw support from Wednesday’s better-than-expected retail sales data.The release of the Fed minutes on Wednesday failed to generate much movement in the currency. Even with the Fed

Cryptocurrency Relative Strength Analysis Report For Week Starting 5/26/19

When you think about Cryptocurrencies, one name immediately comes to mind, Bitcoin.  Since the creation of Bitcoin, there has only ever been one cryptocurrency at the top of the market cap rankings…Bitcoin. 

When the price of Bitcoin rises, generally you can expect altcoin prices to rise with it. Likewise, when the Bitcoin price drops, altcoins also follow. And sometimes when Bitcoin is rising, the altcoins are declining due to cash moving from the altcoins to Bitcoin and vice versa.

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Bitcoin dominance is used to measure the percentage of the cryptocurrency market that can be attributed to Bitcoin. Thus, it’s very easy

Crypto Contest May 26: Celer Network

Celer Network (Binance: CELRUSDT) has broken out of the triangle pattern in the four-hour chart.

(Chart courtesy of Tradingview.com (log scale))

Elliott Wave Analysis

In Elliott Wave terms, Celer Network began a wave one advance on May 9. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on May 21, and the red wave two (blue sub-waves a-b-c) correction ended on May 25. If this wave count is correct, Celer Network should be heading next towards the May 21 peak in the red wave three.

(Chart courtesy of Tradingview.com (log scale))

Funnymentals

Celer Network is a layer-2 scaling platform that enables fast, easy and secure off-chain transactions. BlockchainBrad interviewed the

Forex Relative Strength Analysis Report For Week Starting 5/26/19

Some of the world’s currencies are accepted for most international transactions. The most popular currencies are accepted for most international transactions are the U.S. dollar, the euro, and the yen. However, the U.S. dollar is the most popular. And in the foreign exchange market 90 of forex trading involves the U.S. dollar. Thus, when assessing the relative strength of the most popular currencies in the world, it’s always against the U.S. dollar, using the daily time frame chart.

The “major” forex currency pairs are the major countries that are paired with the U.S. dollar (the nicknames of the majors are

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