On 4hr chart, no change on the opinion, limited upside test on triangle resistance. Possible bull trap for the breakout near triangle top with shadow top spike.
News: (Current) | (Upcoming)
Short term moving average (day candle) :
RSI :
Network Value to Transactions Ratio :118
Total marketcap :137
Dominance :50.7
Bitfinex Margin Long/Short Volume Ratio :
Depth Chart : (S) | (R)
Weekly Timeframe :
I thought it was happen again as it has happened in the past. Litecoin is leading the crypto sphere off the lows flagging towards highs. In fact all of the crypto’s are flagging I like to watch except Litecoin is already near the prior highs. This is HUGE for the crypto space right now. With the mainstream media completely ignoring (finally) the asset class and enough time has passed we can have a crushing run here. This is not the time to be powering down, this is the time to buy the piss out of these crypto’s
Lisk (Bittrex: LSKUSD) 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, Lisk began a wave one advance in October 2016. 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 February this year. If this wave count is correct, Lisk should be heading next towards the January 2018 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Lisk will make it easy for developers to build and deploy decentralized applications in JavaScript. You can view their
Binance (BNB)
My my, that’s a pretty chart. The fundamentals are looking great for Binance. However, I’m not a heavy buyer at these elevated levels.
https://www.tradingview.com/x/oyqaUNRY/
https://www.tradingview.com/x/JU924OVJ/
We can clearly see that BNB has been on an uptrend for months. Who knows it may continue to do so but price likes to return to ‘the mean’. Even if Binance goes from strength to strength a correction in price is very likely.
Having said that, the potential for BNB to explode has caused me to re-evaluate my original thesis. I bought a fifth of my investment position at market.
Is it possible I’ll miss most of
On Wednesday, Coinbase Pro announced it was accepting deposits of Stellar, with trading support coming shortly thereafter.
The Stellar is the latest cryptocurrency to be listed on Coinbase’s pro. The other recent addition was Ripple several weeks ago.
Ripple Now On Coinbase
The price of Stella has increased 30% in recent days with the Coinbase Pro’s announcement adding an additional pop in price.
Stellar was started by Ripple co-founder Jed McCaleb. Jed left Ripple holding 9 billion XRP, sold his holdings and donated some to charity. Prior to co-founding Stellar, Jeb is known for creating the bitcoin exchange Mt. Gox and the
Pulling up charts I see a shakeout earlier and now the assets are rising. They all look like they are going to go. $ETH $LTC $EOS $BAT $NEO $XMR. It all looks good. I think we are about to get a ripper here.
LETS GO!
A long, long time ago (8 months – which is like 8 years in crypto terms) I wrote this post on Steemit: https://steemit.com/cryptocurrency/@bitbrain/investing-in-crypto-is-too-close-to-gambling
In it I complained that outsiders see crypto investing as gambling, but then went on to say that:
“Since we’re being accused of it, we might as well be guilty of it!”
I think that it’s time to be guilty of it again…
Let’s Gamble!
(again)
From https://www.maxpixel.net/Gambling-Game-Bank-Game-Casino-Profit-Roulette-1253622, shared under the CC0 1.0 license
Here is how this works:
The prize is the same as last year’s – simply the most enviable prize in all of the known cryptoverse. If you beat me, and it’s a big “IF” then you
Basic Attention Token is one of my top 5 favorite tokens in crypto. I am a huge fan of jumping on the bandwagon and “believing in successful people”. Why would you not bet on Steve Jobs? Why would you not bet on Elon Musk? Why would you not bet on Jack Dorsey? This is the same for in the crypto world.
Why would you not bet on Dan Larimer? And why would you not bet on the guy who invented JavaScript and cofounder Mozilla Firefox? Well that is the CEO of Basic Attention Token and the BRAVE Browser. I love
Gulden (Bittrex: NLGUSD) 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, Gulden began a wave one advance in June 2014. The red wave one finished in September 2014, and the red wave two correction ended in August 2015. The red wave three (blue sub-waves i-ii-iii-iv-v) advance finished in January 2018, and the red wave four (blue sub-waves a-b-c) correction ended in February this year. If this wave count is correct, Gulden should be heading next towards the January 2018 peak in the red wave five.
(Chart courtesy of Tradingview.com
Bitcoin continues consolidating within a wedge just above the $3,800 support. As it approaches the apex we should expect a larger move in the next 48 hours or so.
EOS is also consolidating within a wedge. Like bitcoin, it’s approaching the apex suggesting a larger move should be expected.
In todays analysis I discuss where prices may be heading next, traps to avoid and so much more. I hope you find it helpful.
Video Analysis:
If you don’t see the above video, navigate to TIMM (https://mentormarket.io/workin/) or Steemit in order to watch.
I hope this has been helpful. I’d be happy to answer any questions
