Neo has been always one of my favourite coins so far. It has plunged more than 35% in the last week, finally touching again a solid support. I expect a sharp and quick upwards in the 13$/14$ zone soon, that's why I increased my long around these levels. Even if the support breaks, the chances for a green candle are very high. This is an optimal risk/reward...
While some are saying that these declines are corrections, others say its a bear market.. but, I say it has a lot to do with the recent threats of cryptocurrency regulations and the Facebook Libra hearings. Keep an eye out, because Libra was put on pause until Facebook can be grilled about Libra. Libra isn't the issue, but regulations are. Just like stock markets...
Hello dear FB & Crypto fans, hope you're doing well guys! US Treasury Secretary Steven Mnuchin held a press conference yesterday basically stating that they won't allow crypto entities to 'operate in the dark', attacking Facebook for the creation of Libra. While he is officially giving 'money laundering' and 'the war on drugs' as a reason, everyone knows that it...
David Marcus, el jefe del departamento que administra el proyecto Libra en Facebook, pronto tendrá que declarar ante el Comité de Bancos del Senado y el Comité de Servicios Financieros de la Cámara de Representantes de los Estados Unidos. Las audiencias están programadas para el 16 de julio y el 17 de julio, respectivamente. Antes de la sesión, Bitcoin mostró una...
Ingreso por: - Rompimiento de las dos lineas de tendencia - Formación de HCH invertido - Y cruce de medias móviles.
Not the best moment for ADA so far... ADA had a great run at the beginning of march, and then it struggled in breaking the 0.10$ mark. However, both Bollinger bars and the long term trendline are screaming BUY. It could be a safe mode to get in around 0.078$ and close in the case of a clear break of the 0.07$ level. The take profit could be in the area of...
Bitcoin is Re-born and Continues to Race Towards New Highs with Facebook LIBRA’s Reveal As predicted in our previous post about BTC/USD, the price remains bullish. However, the buyers are on the dominant side here because of the launching of Facebook’s LIBRA. LIBRA brings new hope for cryptocurrencies to be raised. The last rally happened due to the giant, social...
We can see $BTC has finally woken up and no where is it more evidently bullish than if we look at the one week chart. I find that the circled areas are mirroring and even below the circles are mirrored. Some look for patterns in the chaos, are we seeing past action predicting the future movement? We are seeing many weeks of the same movement as we saw before. If...
Anyone heard about a certain Facebook Coin lately?? Yeah, we did too.. D4rkEnergY is once again back to spread Love and Wisdom to the Crypto Community. This time we will try somehting new, and we will combine a BTC-analysis with some Fundamental Analysis about Facebook's new Coin Project Libra. This might be huge, or will it? Brief Project Analysis: Libra...
Describing yesterday cannot fail to mention that the markets are still following the current trends. The short dollar is one of them. The Fed's policy was criticized by Mr. Trump again. Also, praising himself Tump could not but notice that June may be turn out to be a fruitful one. The pressure that has been put on the fed carries a goal, the achievement of which...
Hello my fellow Bitcoinistas! The week was a heck of a ride was it not? I know we still have a couple hours to go before this week's candle official closes but I'm going to go ahead and call this a green week. lol. For those of you following my work you already know this chart pretty good. For those that don't you will notice that after the previous breakout...
The BITFINEX:ETHUSD is consolidating on the 270$ zone. All we need to confirm a new bull market on this cryptocurrency is a breakout with a big bullish candle. This kind of configuration is what we look for when we trade the price. No need indicators in this chart , you can see a support zone at 228$ Do you own this crypto in your portfolio guys ? What...
Recently, Facebook announced the introduction of the 'Libra', a new crypto-currency that is intended to make e-commerce more simple. This is not the first time that a currency has been developed with third-world nations in mind as powerful companies and organisations race to capture such an immensely untapped technology market that will be online within merely a...
Here, I will make the case that Bitcoin is heading lower in the near term. First, a rising wedge (in red) developed but has yet to complete the pattern. The fall would be equivalent to the height of the wedge. (See blue arrows) If completed, the price would decrease to around $8670. To compliment this bearish potential, the final shoulder of a bearish head and...
Here we can see that bitcoin broke under multiple support lines. The price fell under the EMA 50, which may serve as future resistance. (blue line) If the price falls under the channel support, then a price drop equal to the height of the channel could occur. This would be the $8470 - $8420 area.
Steblecoin Libra from Facebook is one more big step towards accepting cryptocurrencies all over the world. The company formally unveiled its highly-anticipated digital currency project. It's called Libra. It is also known that it has been in the United States of America (FB). I’m a couple of people who haven’t been able to help. At the same time, the announcement...