EOS is Pausing before the Run to $20+

EOS has had an amazing start into the first half of 2019 and I am expecting this to full fledge continue. I have been calling this from the beginning of the year in the $2 and we are going back to highs. I am watching the $6 level here and I WANT this to hold. That does not mean it has to but if it does it means we likely reach targets quicker.

We may pullback into the Mid 5’s but I do not see us going lower than this. I am looking for EOS to catch up to litecoin

Read More

BITCOIN – 12 Jun

On 4hr chart, hitting resistance level around 8200 zone. Possible ascending triangle in making on the daily chart.
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 :

Read More

LOOM technical analysis

LOOM seen from the temporality of 1D we can see how the bulls are trying to push the price above the low range of the accumulation structure to claim the support, we see how the current movement of the candles maintain an upward momentum, the low range is located at 1135, I have drawn on the chart the possible trajectory that could follow the price in the support claim, to get it and test it as support we should see the price reach without problems our first take profit located in 1881.

LOOM seen from the temporality of 1W we can

Read More

S&P 500 Smart Money Sentiment 6/12/19 – Smart Money Is Not Bearish Yet

Mike Wilson — hailed across Finance Twitter as “Wall Street’s most bearish analyst” — says there’s one big risk out there for investors…“The macro and micro economic data continue to deteriorate,” Morgan Stanley’s chief investment officer wrote, pointing to weak durable goods orders, disappointing capital spending, soggy retail earnings, lackluster freight shipments, and a “very soft” jobs number as evidence of an economy running on fumes.Don’t be so quick to blame U.S.-China trade tensions, either, he said. “The economy was already slowing and escalation potentially makes things worse.”And if you’re waiting for a lower interest rates to ignite a rally…

Read More

Bitcoin Creates New Local High…Bull Trap or Bull Run?

Bitcoin took out the prior local high, rising to nearly $8,300 before bears stepped in to push it back down. It’s currently trading within a major area of resistance between $8,250 and $8,150. Until we see a 4 hour candle open and close above this resistance, be aware of a possible bull trap. That said, price did break out on a decent amount of volume. The fact it hasn’t been strongly rejected is significant. Should we see a 4 hour candle open and close above $8,150, I’d have to favor the bulls with another move up testing $8,450.

Price is now

Read More

BTC and more – 12 April

 
I have publicly stated that I expect BTC to drop in price soon, based mainly on an extended period of reduced volume. Perhaps BTC didn’t hear me, because so far it appears to be ignoring my prediction.
Contrary to the medium-term decline in volume, BTC has undergone a short-term volume increase and has now formed a potentially bullish converging triangle pattern. It’s a short-term pattern, so I wouldn’t read too much into it and it doesn’t invalidate any predictions of a medium-term drop, but it does indicate that BTC’s next movement is probably a bullish one.
If BTC does rise a few

Read More

Dave & Buster Just Got A Busted Nose

Dave & Buster’s Entertainment, Inc. owns and operates entertainment and dining venues for adults and families.  Dave & Buster’s owns and operates 125 venues in 39 states, Puerto Rico, and Canada.

Shares of Dave & Buster’s Entertainment Inc. are down double digits due to first-quarter sales and profit that missed Wall Street expectations and forward guidance is lowered than expectations. 

Dave & Buster’s said it earned $42.4 million vs. $42.2 million, in the first quarter a year ago, while revenue rose to $363.6 million from $332.2 million a year ago.

However, the company said its same-store sales fell 0.3% driven by a decline

Read More

Dave & Buster Just Got A Busted Nose

Dave & Buster’s Entertainment, Inc. owns and operates entertainment and dining venues for adults and families.  Dave & Buster’s owns and operates 125 venues in 39 states, Puerto Rico, and Canada.

Shares of Dave & Buster’s Entertainment Inc. are down double digits due to first-quarter sales and profit that missed Wall Street expectations and forward guidance is lowered than expectations. 

Dave & Buster’s said it earned $42.4 million vs. $42.2 million, in the first quarter a year ago, while revenue rose to $363.6 million from $332.2 million a year ago.

However, the company said its same-store sales fell 0.3% driven by a decline

Read More

Crypto Contest June 12: Matryx

Matryx (Huobi: MTXBTC) has broken out of the triangle pattern in the daily chart.

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

Elliott Wave Analysis

In Elliott Wave terms, Matryx began a wave one advance on February 11. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on April 9, and the red wave two (blue sub-waves a-b-c) correction ended on June 4. If this wave count is correct, Matryx should be heading next towards the April 9 peak in the red wave three.

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

Funnymentals

Matryx is composed of a collaboration system to track innovation and a bounty system to award solutions to scientific problems. Dr.

Read More

Don’t Sleep On Litecoin’s Halving Event – Part 2

Litecoin is up more than 300%, trading at levels not seen since the Spring of 2018 and even has outpaced Bitcoin in 2019.  The main catalyst behind Litecoin’s meteoric rise in 2019 is no other than the Litecoin halving event on Aug. 8th, in just under 60 days.  I talked about Litecoin’s halving event 17 days ago.

The current momentum is likely coming from the halving event which is predicted to occur on August 6, just 73 days away. The block mining reward halves every 840,000 blocks, and this one will see it decrease from 25 to 12.5 coins. This effectively

Read More

Skip to toolbar