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Tag: Cryptocurrencies

ONT technical analysis

June 24, 2019 Published by

ONT seen from the temporality of 1D we can observe an upward pattern that should conclude with the fifth wave reaching the price range located between 2.16 – 2.23, the bulls have been showing buying power creating this way higher and higher that will end up pushing the price above the resistance located at 1.64.

ONT seen from the temporality of 4H we can observe how the price has broken the resistance in diagonal (indicated in the graph of above in red color) doing its later throwback to test it like support, we can see also more closely the setup of

BITCOIN – 24 Jun

June 24, 2019 Published by

On 4hr chart, still in consolidation and made a higher high 11260, little more to test the 11600. Possible mini ascending triangle consolidation. On hourly, stoch doing low highs while price doing higher highs, possible bear divergence turn soon.
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 :

Crypto Contest June 24: Electroneum

June 24, 2019 Published by

Electroneum (Huobi: ETNBTC) 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, Electroneum began a wave one advance on June 3. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on June 17, and the red wave two (blue sub-waves a-b-c) correction ended on June 22. If this wave count is correct, Electroneum should be heading next towards the June 17 peak in the red wave three.

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

Funnymentals

Electroneum is using the power of blockchain to unlock the global digital economy for millions of people in the developing world.

Bitcoin Nearing Our $11,500 Target…Can Bulls Be Stopped?

June 23, 2019 Published by

In my last update we discussed the blue sky between where bitcoin was ($10,400) and resistance at $11,500. Bitcoin continues to close in on that target, reaching a new yearly high of $11,300. Daily volume seems healthy and steady at just over $20 billion.

Looking at the weekly, chart we can see price is again stretching the upper Bollinger band. We’re well above the 8 EMA. We can also see the gap between the 8, 21 and 55 week EMA is widening. This is a very bullish sign of strength.

While we look very bullish longer term, we are long overdue for

BITCOIN – 23 Jun

June 23, 2019 Published by

On 4hr chart, possible mini triangle consolidation before the breakout. Possible to still push higher for the weekly 11600 resistance zone before the pullback (can we see 30~40% down move ?) Weekly Ichimoku cloud piercing through the resistance. As mentioned in previous posts, LTC possible TD9 reversal next week which give about 4-5weeks more before the next estimated LTC halving in Aug.
News: (Current) | (Upcoming)
Short term moving average (day candle) :
RSI :
Network Value to Transactions Ratio :127
Total marketcap :325
Dominance :58.6
Bitfinex Margin Long/Short Volume Ratio :
Depth Chart : (S) | (R)
Weekly Timeframe :

Cryptocurrency Relative Strength Analysis Report For Week Starting 6/23/19

June 23, 2019 Published by

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.

Source Image

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 June 23: BeeKan

June 23, 2019 Published by

BeeKan (Huobi: BKBTBTC) 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, BeeKan began a wave one advance on December 22, 2018. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on March 21, 2019, and the red wave two (blue sub-waves a-b-c) correction ended on June 22. If this wave count is correct, BeeKan should be heading next towards the March 21 peak in the red wave three.

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

Funnymentals

Beenews is a value discovery platform for blockchain and digital currencies based on meta-graph chain (BKBT-Token).

(Sources: BeeKan)

How can I vote?

Bitcoin on a Long-Term View – Deja Vu?

June 23, 2019 Published by

With bitcoin flying around again one likely wonders – where will it go next?  Best way to get perspective on that is to sometimes take a step back in time.  As in the time frame you are looking at to clear the noise and see some obvious price points.
We do this by looking at the weekly chart rather than the daily.  Each candle represents a week’s worth of time and allows us to see a big picture and the levels where price reversed or bounced in the past over the course of a day or days.

Looking at the chart at

The Sunday Recap – Down the Rabbit Hole 34

June 23, 2019 Published by

BTC has decided to pump and so far seems inclined to continue to do so – no doubt re-igniting interest around the globe.

In other news a little known company – Facebook officially announced their small project ‘Libra.’ OK OK – a more honest by-line would be something along these lines – Global corporate titan announces phase two of worldwide financial and social domination with the support of like-minded corporate backers!

Personally, I see this as a win-win for Bitcoin. Libra’s success will greatly expand BTC’s profile as many hundreds of millions of folks suddenly find themselves contemplating this ‘crypto thing’. Were

BITCOIN – 22 Jun

June 22, 2019 Published by

On 4hr chart, tested 10k and break it easily. The low chance of testing the channel top and breakout happened though. New high at 11200, probably still some little room to go and test 11500 resistance, maybe a double top test before we get the real pullback correction.
News: (Current) | (Upcoming)
Short term moving average (day candle) :
RSI :
Network Value to Transactions Ratio :
Total marketcap :324
Dominance :58.5
Bitfinex Margin Long/Short Volume Ratio :
Depth Chart : (S) | (R)
Weekly Timeframe :

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