Crypto Shopping Cart – 20 February

Guess who’s been crypto shopping again! No question mark there, that was clearly rhetorical.

I started blogging in mid-March last year, not too long after the beginning of crypto’s biggest ever bear market. For this reason, I’ve done very little cryptocurrency buying since I’ve become a blogger. It’s a pity that you didn’t know of my exploits before then – I was a voracious trader (who probably ended up spending way more than what could be considered wise on transaction fees). With a change now happening in the markets, I’m now using myself as a metric. That sounds weird but bear

Crypto Contest February 20: Insolar

Insolar (Binance: INSUSD) 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, Insolar began a wave one leading diagonal advance on November 26, 2018. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on January 7 this year, and the red wave two (blue sub-waves a-b-c) correction ended on January 28. If this wave count is correct, Insolar should be heading next towards the January 7 peak in the red wave three.

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

Funnymentals

Insolar is building an open-source enterprise-grade blockchain platform to enable seamless interactions between

Trybe TV – Bitcoin and EOS Analysis: CAN THE BULLS KEEP RUNNING?

Bitcoin broke above key resistance at $3,800. It’s now eyeing a very strong resistance zone between $4,000 and $4,120 (Coinbase). Daily volume remains strong at $9.9 Billion. This is the highest we’ve seen since May of 2018. EOS easily took out the $3.00 resistance and is now eyeing $4.00. It started creating higher highs, all…
Read on Trybe

Crypto Contest February 19: Factom

Factom (Poloniex: FCTUSD) 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, Factom began a wave one advance on August 13, 2018. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on December 6, 2018, and the red wave two (blue sub-waves a-b-c) correction ended on January 28 this year. If this wave count is correct, Factom should be heading next towards the December 6, 2018 peak in the red wave three.

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

Zooming out in the monthly chart, I believe Factom is currently in the

Trybe TV – Bitcoin Technical Analysis: BREAKOUT IN PRICE AND VOLUME

Bitcoin has broken above the $3,600 resistance, and is now testing $3,800. This breakout was backed by a very bullish increase in volume. Looking at the daily MACD, we’re seeing some slight bearish divergence. This suggests we could see a pull back. Should that happen, I’d watch for support around $3,700-$3,650. The daily chart also…
Read on Trybe

Crypto Contest February 18: Lunyr

Lunyr (Bittrex: LUNBTC) 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, Lunyr began a wave one advance in December 2017. The red wave one (blue sub-waves i-ii-iii-iv-v) finished in January 2018, and the red wave two (blue sub-waves a-b-c) correction ended in September 2018. If this wave count is correct, Lunyr should be heading next towards the January 2018 peak in the red wave three.

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

Funnymentals

Lunyr is an Ethereum-based decentralized crowdsourced encyclopedia which rewards users with app tokens for peer-reviewing and contributing information.

Crypto Contest February 17: Storj

Storj (Bittrex: STORJUSD) 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, Storj began a wave one advance in July 2017. The red wave one (blue sub-waves i-ii-iii-iv-v) finished in December 2017, and the red wave two (blue sub-waves a-b-c) correction ended in December 2018. If this wave count is correct, Storj should be heading next towards the December 2017 peak in the red wave three.

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

Funnymentals

Storj aims to become a cloud storage platform that can’t be censored or monitored, or have downtime. Crypto

Crypto Contest February 16: Waves

Waves (Bittrex: WAVESUSD) 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, Waves began a wave one advance on November 25, 2018. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on December 20, 2018, and the red wave two (blue sub-waves a-b-c) correction ended on January 22 this year. If this wave count is correct, Waves should be heading next towards the December 20, 2018 peak in the red wave three.

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

Looking at the monthly chart, I believe Waves is currently in the red

Crypto Contest February 15: Crypto.Com

Crypto.com (Bittrex: MCOBTC) 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, Crypto.com began a wave one advance in July 2017. The red wave one (blue sub-waves i-ii-iii-iv-v) finished in August 2017, and the red wave two (blue sub-waves a-b-c) correction ended in November 2018. If this wave count is correct, Crypto.com should be heading next towards the August 2017 peak in the red wave three.

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

Funnymentals

Crypto.com, formerly known as Monaco, intends to offer payment card products that allow consumers to borrow and spend cryptocurrency

Turns Out I was Right…Jamie Dimon and his Weasel Move

It wasn’t that long ago that you saw this…“Jamie Dimon Slams Bitcoin as a Fraud”

As soon as this hit the news wire I had a feeling that Dimon was attempting to pull one of his weasel banker moves that banks pull daily througout the financial markets. See this is how it works. Banks funnel news in order to set up the actual move of the direction of the asset (which they know many times based on the inside sources and collaboration with other banks). In this case here is how it played…

Bitcoin had left the station “at the time” and