cryptocurrency – Page 59

Gartman Alert! “We are LONG of Equities…”

February 5, 2019 Published by heyimsnuffles

Hopefully this becomes a significant pattern of posts that will help everyone on fintwit, TIMM, and steem in the future. These will be known as “Gartman Alerts”
Here is the backstory…I have been following fintwit twitter for multiple years now and I honestly believe this correlation has stayed in tack for over 3 years. I beleive it work greater than 90% of the time and there are many that can vouch for this. The talking heads on TV are put on TV just to talk, they likely know less than many that just type in front of a keyboard and tweet

Crypto Contest February 5: Metronome

February 5, 2019 Published by maarnio

Metronome (Bittrex: METUSD) 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, Metronome began a wave one advance on December 13, 2018. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on January 7 this year, and the red wave two (blue sub-waves a-b-c) correction ended on January 28. If this wave count is correct, Metronome should be heading next towards the January 7 peak in the red wave three.

(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Metronome is focused on making greater decentralization possible and delivering institutional-class endurance. BlockWolf covered the token back in

Word on the street is…

February 4, 2019 Published by bitbrain

The price of BTC is driven by market sentiment.

That’s not the word on the street, that’s just a reminder of the basics of how markets work.

Word on the street is that BTC will move sideways during 2019.

From https://pxhere.com/en/photo/1396126 , shared under CC0

How do I know this?

Metadata. For those who may be unsure of exactly what “metadata” means:

“Data that describes other data, serving as an informative label.”~ https://en.wiktionary.org/wiki/metadata

You could think of me as a human data filter. Every day I siphon new crypto knowledge in, I process it, and then I spit out the results.

I’ve been siphoning up rather a lot

BITCOIN: The Eternal Falling Wedge

February 4, 2019 Published by timm

For the moment, BITCOIN is keeping a constant volume around 5.4b$, the “Falling Wedge” pattern still seems to be the more adapted to the current chart.

RSI oscillator moving inside the “safe” zone, nor oversold neither overbought conditions are in play.

As you can see in the chart, an “A-B-C” correction is still on going, last leg, “C” seems to be composed by 5 sub-waves from which the 5th is just in formation. This Five waves are disposed in a Falling Wedge Pattern which, as soon as BTC reaches the vertex , the likelihood of having an upwards movement increases.

In my opinion,

Crypto Contest February 4: Metaverse ETP

February 4, 2019 Published by maarnio

Metaverse (Bitfinex: ETPBTC) 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, ETP began a wave one advance on March 18, 2018. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on October 14, 2018, and the red wave two (blue sub-waves a-b-c) correction ended on January 28 this year. If this wave count is correct, ETP should be heading next towards the October 14, 2018 peak in the red wave three.

(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Metaverse is a decentralised open platform of smart properties and digital identities. The Next Big

Silver is the Key to Gold $SLV $GLD $SIL

February 4, 2019 Published by heyimsnuffles

Following up to my $GLD post earlier today I want to touch on silver. Silver is a riskier asset which usually leads Gold (up and down) and outperform gold (up and down). Lately silver is playing catch up and not necessarily leading, however it is sitting at a very precarious spot.

Silver broke down below the lows of 2017 unlike gold. Silver then rebounded back into the wedge what I believe is shaping up to be a “failed breakdown”. These are very powerful signals.
If silver can get above 17.25 i believe it is going to propel all commodities higher and into

Has Gold Finally Made the Long Awaited Bullish Turn? $GLD $GDX $NUGT

February 3, 2019 Published by heyimsnuffles

After almost a decade of waiting, has Gold finally made the turn? Gold has been in a bear market since topping before 2012 and has done noting but CHOPPED everyone up since 2013. As you can see the price has made it back to 2013 levels here over 1300. So where does it go from here?

Gold has made continuous higher lows since the bottom in late 2015. Following this there have been multiple substantial sells that price has absorbed such as Brexit, the Trump Election, and the volatility stretch and spike that occurred last year. Gold was stretch multiple time

Crypto Contest February 3: TenX

February 3, 2019 Published by maarnio

TenX (Bittrex: PAYUSD) 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, TenX began a wave one advance on January 10. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on January 21, and the red wave two (blue sub-waves a-b-c) correction ended on February 1. If this wave count is correct, TenX should be heading next towards the January 21 peak in the red wave three.

(Chart courtesy of Tradingview.com (log scale))
Funnymentals
TenX is a Singapore-based blockchain company that makes cryptocurrencies spendable on-the-go. You can view their latest Q&A stream

Ripple – we need to talk : Part 3

February 3, 2019 Published by bitbrain

XRP – that will be the focus of today’s post. In Part 1 I introduced Ripple and alluded to my problems with it. In Part 2 I spoke about the characteristics of Ripple versus those of cryptocurrencies – to show that Ripple is not one.

From [Public domain], via Wikimedia Commons

I ended Part 2 by saying that XRP is performing very well versus the other cryptocurrencies (while not truly being one itself), meaning that it is popular and has many investors who hold it. It certainly has its fanatical XRPArmy!

But, the question remains, what’s in it for them? Is it

Bitcoin Technical Analysis: BULLS STRUGGLE… IS A LARGER MOVE COMING?

February 2, 2019 Published by workin2005

Bitcoin continues to bounce on top of the $3,400 support (on Coinbase). Volume has been declining over the past 48 hours.

Zooming out on the weekly chart, we get much better perspective on just how bearish this overall trend has been. Price broke below the $3,600 support. When it tried to break back above, $3,600 began to act as a strong resistance. The weekly chart suggests price may retest the prior low of $3,130 (on Coinbase). I’m not saying it will, but it’s a very real possibility. I discuss this much more, as well as the bullish scenario, in my video

Tag: cryptocurrency