Crypto Contest March 12: Groestlcoin

Groestlcoin (Bittrex: GRSUSD) has broken out of the wedge pattern in the weekly chart.

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

Elliott Wave Analysis

In Elliott Wave terms, Groestlcoin began a wave one advance in August 2015. 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 February this year. If this wave count is correct, Groestlcoin should be heading next towards the December 2017 peak in the red wave three.

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

Funnymentals

Groestlcoin is a fast and secure coin with almost zero fees, that is privacy oriented. KnockoutCrypto covered the latest

Bitcoin Technical Analysis: QUICK UPDATE

Bitcoin continues to consolidate within a wedge, creating a series of lower highs and higher lows. I’m expecting a larger move as it approaches the apex. Volume remains relatively high, just above $10 Billion for the day.

In today’s analysis I discuss, where price may go in the coming days/weeks, short term trades I’m considering, 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 in the comment section

Bit Brain’s not-so-little guide to Holochain – Part 2

This post is part of a series which started yesterday with “Bit Brain’s not-so-little guide to Holochain – Part 1” (an introduction to Holochain). Part 1 is necessary reading before carrying on with this post. Today we look at what is probably the most important part of how Holochain works: the characteristics of, and differences between Holochain, Holo, Holo fuel and HOT.

Bit Brain’s not-so-little guide to Holochain – Part 2

Holochain, Holo, Holo fuel and HOT

Now that we’ve warmed up, let’s get into a little more detail:

Don’t go to CoinMarketCap and search for “Holochain” – it isn’t there. But what you

AUGUR [REP]: Pay attention to this one as well

On February 22nd, both, the 200 DMA and the 50 DMA crossed each other, allowing REP to be supported solidly by the 200 Day Moving Average and becoming the first symptom of Market Reversal for this altcoin.

Actually, REP has been rebounding between two trendlines which have defined a Symmetrical Triangle, the breakage of which is expected to occur in very short term.

If the breakage of the this triangle finally confirms the move upwards, the Elliot Wave Count which would fit more would be the following:

Target for a classical 3rd wave, according to the 1.618 FIBO level taking as a reference

BITCOIN – 11 Mar

On 4hr chart, stoch falling fast while price hovering around the support zone. Likely bounce after that to retest 4000 again. NVT rising again which might see sharp selloff ahead again, maybe while attempting the next 4000 resistance.
News: (Current) | (Upcoming)
Short term moving average (day candle) :
RSI :
Network Value to Transactions Ratio :121
Total marketcap :133
Dominance :51.7
Bitfinex Margin Long/Short Volume Ratio :
Depth Chart : (S) | (R)
Weekly Timeframe :

Crypto Contest March 11: Nexus

Nexus (Bittrex: NXSUSD) 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, Nexus began a wave one advance in August 2015. 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 November 2018. If this wave count is correct, Nexus should be heading next towards the January 2018 peak in the red wave three.

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

Funnymentals

Nexus focuses on solving the current challenges of speed and scalability in the blockchain industry and provides quantum resistance

Holochain Examined

What is Holochain?

Well let’s start by stating what it isn’t – it isn’t a blockchain.

However, Holochain shares many of the qualities or attributes of a blockchain:

There’s a ledger (but more than one).It’s decentralized and therefore beyond the control of a centralized authority.Validation is possible.Consensus can be reached between nodes on the network but it’s not global.There is no global consensus algorithm as modeled in blockchain (or rather there’s a very lightweight version – A Digital Hashing Table) making Holochain scalable, secure, and energy efficient.A critical component of global consensus with blockchain – the timestamp is unnecessary on Holochain.Its primary purpose is to

Crypto Analysis Report 3-10-19…Theta Is Breaking Out

Blockchain technology will become life-changing and will be deemed as one of the greatest inventions of modern times. We are seeing application solving real world problems right under our eyes and noses.

Theta, a user-powered decentralized video content streaming platform will revolutionizes the way video content is distributed across the Internet.

Video content contributes toward a multibillion-dollar industry, but in spite of understanding its extreme importance, the existing distribution of network infrastructure that provides support to video content is not immune from the critical flaws, causing a major disruption in the proper operation of video content industry.

Due to

LITECOIN: one more push up before correction

LITECOIN is following the expectations regarding  “Money Flow” also according to the Elliot Waves Theory. 

LTC/USD Trading pair is of course very related with how BITCOIN  does, as any other altcoin but, in the case of LITECOIN, it looks to me that this market is much less manipulated, with less artificial movements driving the price action…

The following is the Chart on which I sketched the waves, FIBO levels and 50/200 Day-Moving Averages:

As you can see, LITECOIN is very close to get
the crossing of both, 50 and 200 Day Moving Averages, which, in my
opinion, will confirm the REVERSAL

Bit Brain’s not-so-little guide to Holochain – Part 1

My complete guide to Holochain (HOT). It’s not a blockchain, but it is a cryptocurrency.

On the 1st of this Month I published a short post in which I explained that I had been rather busy, busy entering a blogging competition. The topic was “Holochain”. Being myself, I wrote a rather detailed article. Unfortunately, as per the rules of the competition, I was not allowed to publish it anywhere else until after the competition. Good news! The competition is now over and I can share my guide to Holochain with you!

Before I do that; my congratulations to all the winners and