cryptocurrency – Page 58

4th of July fireworks?

February 7, 2019 Published by bitbrain

I swear that date is coincidental – though I’ll be that first to admit that it is conveniently useful!

From https://pixabay.com/en/new-year-s-eve-fireworks-beacon-1953253/ ; by nickgesell

First things first

I’m laying my bull flag theory to rest. It was nice while it lasted, but that “flag” has now become far too long, too tapered and too low down relative to the “flagpole” which preceded it. Ergo – it isn’t a bull flag. This means that the post “BTC 29 Jan – still on track” is now invalid.

BTC may have been on track, but now it’s derailed. It is still in the same channel (previously called

Crypto Contest February 7: Vertcoin

February 7, 2019 Published by maarnio

Vertcoin (Bittrex: VTCBTC) 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, Vertcoin began a wave one advance in November 2016. The red wave one (blue sub-waves i-ii-iii-iv-v) finished in October 2017, and the red wave two (blue sub-waves a-b-c) correction ended in December 2018. If this wave count is correct, Vertcoin should be heading next towards the October 2017 peak in the red wave three.

(Chart courtesy of Tradingview.com (log scale))
Looking at the monthly chart, I believe Vertcoin is currently in the red wave three (blue sub-wave iii).

Is TWTR a Buy Here?

February 7, 2019 Published by heyimsnuffles

TWTR has beaten earnings expectation on the bottom line and met the expectations on the top line, but is coming into market open down 8+%. I would say this is surprising given the price action, but I am not surprised at all. TWTR has a tendency to run up prior to earnings…and shit the bed no matter if the earnings are good or not.
I have been a longterm supporter of TWTR, and in fact have been o nthe platform for multiple years. I think it will continue to grow and has finally righted the ship after “being drunk” for multiple

WLS has a Bidder on the tape!…Support over 1.00 BTS

February 7, 2019 Published by heyimsnuffles

Whaleshares has a bidder on the tape! WLS is a fork of STEEM and has made some unique changes and growing in their own way. Whaleshares seems to be gaining traction and many have voiced their opinion that they “like” whaleshares better. Only time will tell and I believe there is a place for both! Logging on to bitshares I noticed something below…

Whaleshares has a bidder! Someone wants some WLS, about 45000 of them in fact. They are sitting on the bid as you can see in the photo.
They do not want to pay up for these considering the liquidity

Bitcoin, EOS, ETH and Ripple Analysis: QUICK UPDATE

February 6, 2019 Published by workin2005

Bitcoin has broken below the $3,400 support, currently trading around $3,365 on Coinbase. Volume remains weak.

EOS seems unable to break above the $2.45 resistance, currently trading at $2.36 on Bitfinex.

Ethereum continues to bounce right above the psychological support of $100 on Coinbase.

Ripple is still operating within a falling wedge, currently trading around $0.29 on Bitfinex.

In today’s video analysis I discuss, where prices may be heading next, various trade setups I’m waiting on 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

LITECOIN: Possibly the most Bullish Big Crypto out there nowadays

February 6, 2019 Published by timm

Very little has been said about LITECOIN lately.

Everybody is focused on BITCOIN as the crypto King and maybe we are losing a little bit perspective on valuable and similar other cryptos as can be LITECOIN in this case.

The Daily Chart is very consistent. Oppositely to BITCOIN, Litecoin has been formed a long Trading channel, between two perfect lines, downwards of course, but they have never been broken during this long correction.

Nowadays, while BITCOIN is moving in a hesitant manner LITECOIN has performed very well, steadily and even upwards…

Supported by the 50 Moving Average which shows as well a sort of

BTT and the anatomy of an ICO

February 6, 2019 Published by bitbrain

The bullish ICO beast has returned.

For me this represents both good and bad, a bitter-sweet taste of nostalgia.

BitTorrent Token (BTT) launched its ICO on the fairly new Binance Launchpad late last month. It wasn’t the first project launched on Binance (Gifto and Bread launched there too), but it was the first very popular one.

BTT has since listed in a flurry of hype and alarmingly high daily trading volume.

As an analyst this worries me a little. I’m worried because I fear that people may fall into the ICO pitfalls. Correction: people will fall into the ICO pitfalls; I’d like to

Crypto Contest February 6: Status Report XXV

February 6, 2019 Published by maarnio

In this report I will look how my analysis worked for the month of December 2018. There were 28 contests in December. I have already paid out all of them. The analysis was correct three times. The analysis was wrong five times. The cryptocurrency was in a range 20 times.
The correct ones were the following:

Crypto Contest December 5: Waves
Crypto Contest December 25: Chainlink
Crypto Contest December 31: FLO

In these contests the range option won:

Crypto Contest December 4: Kore
Crypto Contest December 8: Ardor
Crypto Contest December 9: Holo
Crypto Contest December 10: Polymath
Crypto Contest December 11: BitTube
Crypto Contest December 12: PumaPay
Crypto Contest December 13:

BITCOIN may have reached already its bottom

February 5, 2019 Published by timm

This is the BTC/USD weekly chart (BITSTAMP Exchange) and Relevant Strength Index Oscillator aka RSI indicator.

What could extract from this chart?

We can see clearly 3 long BEAR MARKETS despite since 2012, Bitcoin has crashed and rise 13 times with many of those falls larger in percentage terms than the latest 2018 correction.

Also, having a look on when the RSI has marked an OVERSOLD condition, it seems evident to discover that the first and the second LONG BEAR MARKETS finished at the very same point on which RSI touched that condition:

Actually if we zoom-in, the BEAR MARKET 2 touched two times

Bitcoin Technical Analysis: CONSOLIDATING BEFORE NEXT MOVE

February 5, 2019 Published by workin2005

Bitcoin continues consolidating right on top of the 0.786 fib level. It’s been testing the top of what appears to be a falling wedge, but has yet to break out above. Volume remains weak.

In today’s video analysis I discuss, where price may be heading next, a possible trade setup I’m preparing for, traps to avoid and so much more. I hope you find it helpful.
Video Analysis: