Ada has been coiling for a few days now. Hopefully breaks upwards explosively. Managing risk with tight stop loss.
Looks like we have a strong support before moving up to the next zone. Chart is pretty self-explanatory.
Seems like Raven has some correction left to do. It could bounce on the fibs, which seem to line up well with the price movements so far.
Very Straight forward. Looks like a head and shoulders forming. I expect a dramatic fall in the strength of the dollar over the coming months. The USD Index is against a basket containing the Euro, the British Pound, The Japanese Yen and the Australian Dollar in equal amounts. It is geographically balanced and accounts for 80% of worldwide Forex activity.
Why Bitcoin is King - Countering the Fud. Firstly I am bullish on Bitcoin, even in the downtrend. I believe it to have been just another normal correction, albeit a sizeable one. Nothing out of character for Bitcoin. Bitcoin and Cryptocurrency is definitely a unique phenomenon. It is both a product and price bubble. Some products (coins) may not survive, others...
RDD was a recent pump and dump courtesy of Twitter call by John Mcaffee. People are rushing into coins without doing their own research and this sort of "Pump and Dump" is only hurting crypto in general. The leaders of the community aught to know better. If anything, they need to do much more for Bitcoin. Use their resources to help promote and nurture the...
Bitcoin has been correcting, following a correction (minor bear trend) downwards. I drew a support line at around $14,300 as historically this has been a make or break area for Bitcoin. If BTC stays above this area, and makes a break above 15,000 and onward over 15,800 then we are out of this correction. I am long-term Bullish on Bitcoin. In the scheme of...