I've had a simple investors thesis when investing in cryptocurrency since 2017. I've always judged the growth of cryptocurrency by the growth of the market cap. The more money that comes into cryptocurrency the more prices will appreciate (certain cryptocurrencies of course). The more money that comes in the more innovation, use case, public interest, and...
The market euphoria is starting to heat up once again. The market sentiment is changing fast and we are now back to "Greed" on the Fear & Greed Index. Even the main stream media's tone is starting to change once again. I'd even go on to say Bitcoin may now be Elon Musk resistant. China mining crackdowns will also start to become be a narrative that will no longer...
That'll be an interesting zone to watch out for. Sell potential. Deep Crab pattern.
I am going to introduce a controversial topic… investing. This is an important topic considering this is a finance blog. Why is it controversial you may ask? It is controversial because many people do not partake in it, therefore by logical reasoning, it is controversial. The original purpose of my starting this blog was to encourage people to invest. In this...
I know people are starting to sleep on cryptocurrency. Not too much heavy buying and not too much heavy selling. The state of the market is in limbo but these times present great opportunities. If you don't own at least one Ethereum now will be the time to seriously consider making it a goal. If you're trying to build wealth in cryptocurrency with the least amount...
ETH has been on quite a run lately based on fundamentals moving from $1700 up to the price of $2400 in the past 10 days, however the price has been consolidating within the current price for the past few days. This is never bad as the price needs some time to create more support and to rest so it is not seen as overextended leading to a sudden drop off top. In...
It's been clear we've been in a slow steady downtrend. We've been producing lower highs, and slightly lower lows which of course isn't a good sign for positive price action. To be honest we will be at these levels for weeks to come or even another couple months. This entire market has had a serious cooldown. The charts indicate we're pretty much on a steady path...
I know the market sentiment has been "extremely bearish." And we are in a bear trend, I wouldn't consider this a bear market officially just yet. Now is the time to really start thinking which projects will perform when we inevitably overcome the cloudy summer season of FUD storms and on to sunnier days in cryptocurrency. Kusama is looking strong and will most...
Many people believe we're heading back towards $20,000 but I see it differently. Bitcoin has spent less than 12 days trading under $25,000 after breaking its all time high of $20k on December 16th 2020. Compared to the 148 days of Bitcoin being recognized trading above $30,000. There's just not much support at those levels. Sure we can still drop below $30,000...
Interesting how we come right down to the 1.618 Fibonacci level at $30,000 during this current Bitcoin crash. If we continue further to the downside we'll be going back to lower $30,000 levels. If we regain momentum back to the upside Bitcoin will probably go right back up to the 2.618 level around $47,000. We're trading dead in between two critical Fibonacci...
Continuation from my previous TA on $STBU. Link here: 4 Hour chart between 14th March 2021 and 26th April 2021 (today). Main resistance and support lines: • Resistance 3: 0.3329 • Resistance 2: 0.2646 • Resistance 1: 0.0208 • Support 1: 0.1689 Divergence 1 of momentum wave. Below are the confirmation signals: • Even though 21 period EMA was blue and...
My friends is it time to suspend our trip "to the moon" ? Or maybe we Buy the dip and juice this rocket to "the moon" or even better MARS aka the infamous $1,000,000 price where we will all exit our golden positions perfectly in sync and buy a yaught together where we can party and talk about the good old times when we scammed the market for a cheeky mil. These...
WORRYING TREND FOR NORMAL PEOPLE WITHOUT ASSET EXSPOSURE. SHARE THIS VIDEO CASH IS BEING BURNED AT AN ALARMING RATE TO BENEFIT WHO? DO WE NEED HIGHER STOCK PRICES IF THESE COMPANIES JUST HOARD THAT MONEY... AND ACQUIRE MORE ASSETS WITHOUT INVESTING THAT FREE MONEY INTO JOBS?!
Seek Limited is an online employment platform actively used in Australia and Internationally. With the pandemic and the massive slashing of jobs the recovery of covid greatly benefited Seek and is shown through the company share price reaching an all time high again. However to see Seek's future price movement we should look at Technical Analysis as they both...
Revisiting the Gold moves lately, It respected structure basically to the cent. Looking at a shorter-term retest of the low - stochastic and Quadratics show this is a plausible scenario before we go North again. Disclaimer This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’...
The REN project is another fundamentally sound DeFi project that is poised for major growth in 2021. A decentralized protocol that allows for users to transfer cryptocurrencies from one blockchain ecosystem to another. This project already has major utility being used on a daily basis and will only continue to grow with the growth of DeFi and the overall...
I keep hearing that stocks are in a bubble, but that just isn't true. People always look at charts in a linear mode, but this is not how math works. To get accurate prices and movement we MUST look at a logarithmic chart. When you do this for the Dow Jones average for the last century you clearly see we perhaps are a little inflated, but nowhere near Bubble...
Every single day history is being made in cryptocurrency. It is always an exciting time and reason to celebrate Bitcoin forming new all time highs as we're in a new price discovery cycle. Cheers! Today will mark one of the most important and iconic days in Bitcoin's history. The news of Tesla accumulating 1.5 Billion dollars worth of Bitcoin signifies the...