Crypto Contest March 5: DigiByte

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

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

Zooming out in the weekly chart, I believe DigiByte is currently in the red wave three (blue sub-wave

Steem Price Hanging in there at Resistance

Few days back the price of steem ran up against resistance at the 40 cent area and what followed was a reversal candle leading to the worry that we were readying to sell off back into the range.
However, steem is in there fighting like a champ at the moment.  It tried to selloff yesterday before rallying into the close.  Now we are seeing a little red and I’m left wondering can the buyers continue to hold steady?
If so it will bode well for overall price action as shallow pullbacks on decreased volume is a bullish theme.
Looking at price in the

Bitcoin Technical Analysis: PRICE DROPS…NOW WHAT?

Bitcoin is down nearly nearly 2% today as price dropped below the $3,800 support. It’s currently trading around $3,700 on Coinbase. This move was not unexpected as we’ve been watching price consolidate for nearly a week.

Looking at the daily chart, we can see it’s broken below the 21 day EMA. The next major support sits just above $3,600 on the 50 day MA.

Zooming all the way out on the weekly chart, we can see just how bearish the market still looks. I pointed out last week the tightening of price within what looks like a larger bearish pennant.

In today’s video

BITCOIN – 4 Mar

On 4hr chart,continue to press for lower lows, likely to test 3670 zone. On hourly, looking for some breather space, possible consolidation light bounce.
Weekly candle close above 3600 zone but looking weak, more likely for testing of triangle bottom.
News: (Current) | (Upcoming)
Short term moving average (day candle) :
RSI :
Network Value to Transactions Ratio :116
Total marketcap :125
Dominance :52.6
Bitfinex Margin Long/Short Volume Ratio :
Depth Chart : (S) | (R)
Weekly Timeframe :

Flying under the radar

Cryptocurrencies are, by their very nature, a more secure and independent form of money. Nobody should be able to monitor your cryptocurrency related activities if you don’t want them to. This includes government agencies like intelligence services, tax agencies and central banks. These entities will try to obtain your cryptocurrency information against your will. As a crypto holder and trader, how do you keep them at bay?

From https://www.dover.af.mil/News/Article-Display/Article/230757/small-dangerous-threat-innovative-program-aims-to-eliminate-bird-strikes-here/

The solution is in the title of this post: you have to keep your crypto dealings largely under wraps.

Why am I writing this?

For those having a moral conundrum with this topic, those who

Can WLS Spike here??? 1.50 is a huge level…

WLS is on the move folks. We have broken over 1.00 WLS/BTS and are on the move towards 1.50+. This is going to be a big level and we will get a gauge of how much WLS is actually in demand. Can we push through 1.50 and stretch to 2.00? You can see the past resistance of 1.50 numerous times in the past.

I have seen a few bullish charts on WLS floating around and I know more and more people are navigating their way to the platform from other places. WLS is growing faster and faster and the engagement needs

Crypto Contest March 4: GeoCoin

GeoCoin (Bittrex: GEOUSD) 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, GeoCoin 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 February this year. If this wave count is correct, GeoCoin should be heading next towards the January 2018 peak in the red wave three.

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

Funnymentals

You can collect GeoCoin just by going to a location on the surface of the earth. More details in

Binance Does It Again

Despite the Crypto bear market in 2018 and despite 70% of ICO projects failing, ICOs were still able to raise over $10 billion in 2018.  This might be exactly why Binance launched their own ICO ecosystem called Launchpad.  And it make sense…projects have immediate access to potential funding from Binance’s 10 million users. 

Binance Launchpad’s second sale, Fetch.AI (FET), has just concluded within seconds of opening, suggesting investor demand for utility tokens has revived considerably.

More than 69M Fetch.Ai tokens were sold within twenty-two seconds of the token sale opening at 14:00 GMT on Monday. Binance founder and CEO, Changpeng Zhao,

BINANCE [BNB]: Golden Cross reached

As anticipated 10 days ago at this post, today BINANCE COIN has reached the expected point on which markets used to confirm the “reversal” trend, the GOLDEN CROSS.

For me this is a clear indication of Bulls back to the action, of course, only regarding this Coin.

As you can see in the image, there are 5 waves completed, the price reached the target of 12 USD and seems BNB is starting to build the correspondent correction.

An ABC correction used to get completion in the territory of the previous 4th wave, in this case, this territory is 61.8 % of the total

BITCOIN – 3 Mar

Dipping below 3800 zone again on 4hr chart, as mentioned previously likely to head down for 2nd leg staircase testing the triangle bottom. On hourly, doing lower highs, maybe gonna do lower lows soon. If it still can hold the 3600 zone and close off the weekly above that, maybe we can see it retest 4000 zone again.
News: (Current) | (Upcoming)
Short term moving average (day candle) :
RSI :
Network Value to Transactions Ratio :116
Total marketcap :129
Dominance :52.1
Bitfinex Margin Long/Short Volume Ratio :
Depth Chart : (S) | (R)
Weekly Timeframe :