EOS Strength is a Leader!

EOS is showing some massive strength and everyone should stay the course long. You can see that it is coming into some resistance of the 200 day MA below, but the RSI is showing incredible strength. I would not plan on selling this until some negative divergences show up on the daily chart and would continue to accumulate. EOS is currently number 4 in marketcap followed closely by LTC (which is ABOVE the 200 day MA actually). Both of these are leaders right now and you want to be IN THE BEST. This is called relative strength my friends. Learn

Evidence Smart Money Crypto Infrastructure Is Being Built

I have been talking for quite some that that the pipelines from Wall Street to the Crypto space is being built. I have been talking for quite some time that the Smart Money is gear up to put $2 trillion to work in the Crypto space. Here is yet another example of the Smart Money coming to a Crypto near you.

Stock exchange operator Nasdaq is adding indices for bitcoin and ethereum to its global data service later this month. The company announced Monday that it has partnered with New Zealand-based blockchain data and research firm Brave New Coin to offer information on

BITCOIN – 20 Feb

On 4hr chart, consolidation doing it’s thing for the next move. Instead of a move gradual curve down consolidation like leg one, this possible leg 2 seem to be trying hard to push for the 4000 zone, if it break nice 4250 next resistance also the possible long ascending triangle. As mentioned in earlier post, feb tends to end bullish, with about a week plus to go, looks like it’s very likely to close feb bullish.
News: (Current) | (Upcoming)
Short term moving average (day candle) :
RSI :
Network Value to Transactions Ratio :132
Total marketcap :135
Dominance :51.6
Bitfinex Margin Long/Short Volume Ratio :
Depth Chart

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

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 backed by the highest daily volume we’ve seen since June of last year.

In today’s video analysis I discuss where prices may be heading next, key areas to watch, traps to avoid and so much more. I hope you find it helpful.

Video Analysis:

If you don’t see the

BITCOIN – 19 Feb

On 4hr chart,as mentioned strong sell wall around 4000 zone, doing some pullback to take a breather. Likely to consolidate along the big triangle top (possible 2nd leg staircase pattern completion if it start to consolidate narrow range). stoch extended.
News: (Current) | (Upcoming)
Short term moving average (day candle) :
RSI :
Network Value to Transactions Ratio :138
Total marketcap :133
Dominance :51.8
Bitfinex Margin Long/Short Volume Ratio :Both margin short and long decline. margin short below 20k
Depth Chart : (S) | (R)
Weekly Timeframe :

Two Minute Crypto – Learner’s Paradise

Please click the link to listen to this installment of my crypto podcast ‘Two Minute Crypto’. These are intended to be short, single-topic ramblings on some aspect of the cryptosphere. Comments and critiques welcome.

Transcript

Two Minute Crypto – Learner’s Paradise

Welcome to Two Minute Crypto – today I’d like to assert that crypto is a learner’s paradise but you need to bite deep of the apple to get the most out of it.

The cryptoverse – an appropriate title for all things crypto.

Of course, many people come to crypto for the money – the sniff of easy riches but I believe far more choose to

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

BTC/Crypto Fib level-based analysis

With the rapid spike in crypto prices, it’s my job to attempt to predict the next move in the markets. I’m attempting that by means of Fib analysis.

Let’s start with my previous prediction:

On 10 Feb I wrote this post – also about BTC Fib levels (as you can probably tell from the title!): Bitcoin – Fib levels. In that post I predicted price drops to previous levels – on charts such as this one:

or even this one for capitulation events:

…but knowing crypto like I do: I included these clauses:

For the record: I estimate that BTC will do something similar to what is shown on

Bitcoin: More Price Changes, The More It Stays the Same

It is always nice to see an uptick in the crypto market.  Bitcoin had a nice day yesterday and is slightly higher today.  However, has price action changed at all?
More Price Changes, The More it Stays the Same
When you look at the bitcoin daily chart you see we are still firmly in the trading range of the last couple months.
Price needs to establish above 4,200 before we can see any true change in the current trading theme.
If that were to happen then we have upside all the way too 5,500 as evidence in the prior consolidation before the big drop