We are on the Boat baby ?‍♀️ , Let’s Ride!

Been talking about how this Spike would come, Let’s Ride!

Much of Crypto is up more than 8% this morning. Bitcoin has spike Huge off the resistance break. Litecoin continues to show strength and is spiking big. EOS is running into resistance and closing in on a spot where it could slow down. Hopefully it blows through!

Crypto Contest April 2: Bitcoin

Bitcoin (Bitstamp: BTCUSD) 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, Bitcoin began a wave one advance in January 2015. The red wave one finished in June 2016, and the red wave two correction ended in August 2016. The red wave three advance finished in December 2017, and the red wave four correction ended in December 2018. If this wave count is correct, Bitcoin should be heading next towards the December 2017 peak in the red wave five.

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

Zooming out in the monthly

Unusual Options Activity In Microsoft

Microsoft is one of the world’s oldest and best known technology companies that exist. Microsoft has had to reinvent itself over the years to stay competitive. The person to thank for Microsoft’s success in recent years is no other than Satya Nedella. Satya took over for Steve Ballmer back in 2014. 

Before becoming CEO, Satya was Executive Vice President of Microsoft’s cloud and enterprise group and led the company’s transformation to cloud infrastructure and services, better known as Azure.

Gartner, a global IT research and analytics firm, predicts public cloud services will grow to $206.2 billion in 2019, up 17.3% year over

Litecoin Quietly Consolidates Before its Next Move

Looking at the litecoin chart a couple of things jumped out at me.
1.) The Declining Volume for the Month of March
2.) It consolidating sideways around $60, which is where it ran out of steam after the last move up.
Looking at the chart in this post you can see I noted the volume on the bottom right side of the chart with an arrow.
See how it has been drying up as March went on?
I’m not saying that is necessarily a bad thing, in fact I don’t mind at all that we are consolidating on light volume.  Sometimes that just means the

The Writing is on the Wall Folks. It is all Starting to Break Up $XMR $ZEC $BTC

I have been bullish crypto pretty much all of 2019 and I am even more bullish today. Every day another ALT coin is breaking higher out of the rounding bottom and the news is ignoring. This is GREAT NEWS (lol) actually. Below you can see both Monero and Zcash breaking up to new highs.

Bitcoin is next folks. Just look at this rounding bottom. I love finding these and the media not talking about it. Strap on the seat belts boys and girls!

Long and Strong…

BITCOIN: at least two positive options…

Again we are in another decisive moment,  BITCOIN is reaching the latest High around 4200 USD.

Everyone
is focused on this level since it represents the expected moment to
tackle with in order to know if the market is under the power of BULLS
or still under the domination of the BEARS.

Two options
can be predicted as more likely among others, one for each one of the
“fighters” however, what I see here is, anyway, a Positive reading of
the market today.

1st Option, for longs:

After having touched the bottom, BITCOIN has completed 2 Waves and is building the 3rd up:

On this

BITCOIN – 1 Apr

Still on track for the possible big ascending triangle with baseline around 4250~4400 zone. Likely to close up the gap towards the 200 day moving average when it test this triangle top resistance and consolidate for awhile.
News: (Current) | (Upcoming)
Short term moving average (day candle) :
RSI :
Network Value to Transactions Ratio :117
Total marketcap :145
Dominance :50.1
Bitfinex Margin Long/Short Volume Ratio :
Depth Chart : (S) | (R)
Weekly Timeframe :

Equity Market 1st Quarter 2019 In Review – Part 2

Zero-sum is a situation in game theory in which one person’s gain is equivalent to another’s loss, so the net change in wealth or benefit is zero. A zero-sum game may have as few as two players, or millions of participants.Zero-sum games are found in game theory, but are less common than non-zero sum games. Poker and gambling are popular examples of zero-sum games since the sum of the amounts won by some players equals the combined losses of the others. Games like chess and tennis, where there is one winner and one loser, are also zero-sum games. In the

The Bank Stocks Aren’t Fine – Part 2

I posted about the Banks one week ago,

The Bank Stocks Aren’t Fine

The US Fed held the target for the benchmark rate steady at 2.25% to 2.50%. Fed Powell indicated no rate hikes 2019.  With rates potentially at their peak for this cycle and future GDP projections declining slashed, this recipe could spell trouble for the bank stocks. Typically, financial entities like banks, insurance companies, brokerage firm generally benefit from higher interest rates. Increases in interest rates, mean the economy is doing good. Banks make loans to borrowers at a higher rate than non-performing assets such as savings accounts and

Crypto Contest April 1: Crypto.Com Chain

Crypto.com Chain (Bittrex: CROBTC) 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, CRO began a wave one advance on March 7. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on March 15, and the red wave two (blue sub-waves a-b-c) correction could have ended today. If this wave count is correct, CRO should be heading next towards the March 15 peak in the red wave three.

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

Funnymentals

Crypto.com Chain is a native blockchain solution, which makes the transaction flows between crypto users and merchants accepting