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Tag: whaleshares

Crypto (Led by Litecoin) $LTC Continues Grinding Higher

March 16, 2019 Published by

It has been a long time coming, but you can see each day Litecoin continuing to lead this move higher. I mean barring any exchange hack, there is about a 90% chance crypto spikes here IMO. About a month ago I wrote that $50 LTC was pretty much a given with that igniting bar (https://mentormarket.io/cryptocurrencies/heyimsnuffles/i-mentioned-yesterday-ltc-litecoin-will-lead/ ). It has held this ever since and is continuing higher.

There is ZERO reason to be selling crypto right now unless you need to pay for medical service or put food on the table ( and food is questionable) Next target will be $65

Does $BAT have your Attention yet?

March 14, 2019 Published by

Basic Attention Token is one of my top 5 favorite tokens in crypto. I am a huge fan of jumping on the bandwagon and “believing in successful people”. Why would you not bet on Steve Jobs? Why would you not bet on Elon Musk? Why would you not bet on Jack Dorsey? This is the same for in the crypto world.

Why would you not bet on Dan Larimer? And why would you not bet on the guy who invented JavaScript and cofounder Mozilla Firefox? Well that is the CEO of Basic Attention Token and the BRAVE Browser. I love

We Now have an ACTUAL PIVOT… $NDX $SPX $DJI

March 12, 2019 Published by

Markets are hard, no one truthfully will ever deny that. Bottom line is that you have to have a process and you have to stick with it. After nailing the low, for now it is safe to say that the bulls are back. I was guessing that the bears would put up a little more of a fight than they did but they can’t keep the market down for longer than 48 hours it seems.

After yesterday’s monster rip to the upside we now have a pivot (2 actually). The recent Friday Low, and the 200 day MA. As long

Steem Test First Level of Resistance of Many, the big one

March 10, 2019 Published by

Steem spikes to above 0.55 overnight and is presently finding trouble at the declining 200 day MA. This is the first large level of resistance after the grind and spike and is very important. Assets do not trend higher if the 200 day MA is declining. That is simple logic.

If Steem can get over this line in the sand we will be testing the MAJOR BREAKDOWN ZONE OF 0.80ish. This is where the fun starts. If Steem and many other crypto’s can get above the major capitulation zones then we have a new bull market commencing.

Very constructive action

A Break Above $4 and a new BULL may have began… $EOS

March 9, 2019 Published by

Litecoin has already done it folks, could EOS be next. I am watching the two horizontal lines as support as these NEED to hold, but above I am watching the $4 level. This is the 200 day MA. Price must cross this (obviously) for the 200 day MA to start trending back up…and once this happen a new bull has begun.

EOS is one of the cryptos that I like the must and I will likely be accumulating this into and up too the $8 range. Rising 200 day MA usually show strength and factual evidence that the asset is

US Market Weekly Update $NDX $SPX $IWM

March 8, 2019 Published by

Well folks, we finally had it. A down week. This is the first down week of the year. We have been up 10 weeks in a row and finally pulled back. We just gave up the past two weeks of gains in 5 days which is not surprising. the first down week was going to be a hefty push lower because everyone who road the train from December 2018 are going to be taking profits on the trend break. The ultimate question is what is going to happen now?

I have covered much of my short that I put on because

Rates headed towards another low…

March 7, 2019 Published by

BEFORE RESUMING THE SECULAR UPTREND THAT HAS BEGAN.

I have been saying that the multi generational bottom in rates are in since mid 2016. We have had 3 massive inflation waves causing yields to rip to new highs since that time. On the last run up I said that we are about to have a major growth slowing affect on rates and would fall below 2.70 (Mind you this was at 3.10). This massive rug pull in the bond market since Q4 of last year is headed lower to make another low.

I am looking for this to make another

Are We Going to Get A Pullback? $NDX $SPX $DJI $IWM

March 6, 2019 Published by

The US stock market has been resilient since the beginning of the year, specifically the Christmas Eve bottom. Every single damn dip has been bought on every single time frame and you can see the hourly extension from any view of the charts. Daily the dip buyers come in banking on accelerating earnings growth? China trade deals? Trump tweets? I am not completely sure, but there are #noselloffs allowed.

Until Now. We are at a crossroads where one of two options are going to occur. We are going to pullback here and head lower down into the 160s, or we

$EOS Intermediate Analysis

March 6, 2019 Published by

If you have followed me you know that I am big on the EOS train. The run up to $26 was real, and the crash and burn dip to $2 is also real. I am scooping up every chance I get at these levels. Let’s take a look at what we look like now….

BULLISH!

You can see the spike and puke on an intermediate timeframe and watch how the asset goes sideways from that point. Then you have the shakeout that all of crypto had that I called a week ago and now we have grinded higher. AS LONG AS WE

I mentioned yesterday… $LTC Litecoin will lead!

March 5, 2019 Published by

Litecoin is rocketing higher after holding above the 200 day MA here this morning. I mentioned yesterday that LTC may be A LEADER. Not THE LEADER, but A LEADER.

This morning it is CLEARLY the leader across the crypto board regarding % increase in the rankings. The chart looked the best as LTC was holding much higher gains compared to the others and it is showing this relative strength right now.

Don’t sit around and wait…the train is leaving the station baby!

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