ReiX

ReiX

~350 seems a likely target for this wave. One strategy I have been employing to maintain my long position while hedging downside risk: After a large pump, e.g. 250 to 278, open a short hedge position with a tight stop, say $282 which covers your entire long position. If it falls, you are fully hedged. Close the position at the dip and use the profit to increase...

ReiX Updated 

ETH will likely correct here. Bearish divergence on the daily, over-bought on the weekly. BTC/ETH ratio also looking to re-test support. If it goes up, I will buy on the re-test of the 230 area. After the correction, the strong up-trend is likely to continue.

ReiX Updated 

idk how to use this pattern tbh lol

ReiX

Altcoins have historically outpaced Bitcoin during Bull markets, while Bitcoin has held it's value better during bear markets. H2 and H3 represent the previous and next Bitcoin halvening dates. The left Y-axis is the Bitcoin Dominance ratio which is plotted by the yellow line. As you can see , after the previous halvening took place in 2016, Bitcoin experienced...

ReiX

The chart tells a story.

ReiX Updated 

Bitcoin in 2015 is very similar to Ethereum in 2020. To me, the market cycle stage is extremely similar. Fundamentals also look solid with ETH 2.0, token burn, and rapidly increasing lock-up in DEFI. Further confirmation will be provided by the golden cross (50-MA and 200-MA) which is expected in the coming weeks. This will trigger even more capital inflow as...

ReiX Updated 

Comparing with BTC 2015 fractal, a 5-10% dip would be healthy to sustain the current trend before the golden cross. I think it will happen in the next 1-3 days.

ReiX

Binance has been absolutely phenomenal in terms of product launch and marketing campaigns, quickly taking the #1 for spot exchanges, and with its new perpetual Futures products is aiming to be #1 for derivatives as well. CZ AMA today: - #BNB futures next Monday - NO.1 venue for #TRX now - #BUSD on Cross Collateral - Tick data enables the fastest price...

ReiX Updated 

Just another alt-coin that has turned bullish.

ReiX Updated 

Not a fan of this coin fundamentally .. but XRP is often late to the bull party.

ReiX Updated 

TK Cross on the daily, bounced off local support/rsi. Looks primed to test the DEC. 2019 high. ENJIN Partnerships: Samsung, Microsoft, Unity, and Ubisoft Binance used ENJIN's ERC-1155 protocol for their new year collectible. ENJIN seems primed to dominate the NFT and BlockchainXGaming market.

ReiX

Analysis by Sigil fund states that with current aggregate dex volumes of around 1M daily, 0x is around 50-75x over-valued using DCF (Discounted cash flow) model. Source However, DCF model doesn't take into account expectations for the future. With the advent of DeFi, it's not unrealistic to say that DaPPs using 0x protocol may reach 1b and beyond (current...

ReiX Updated 

Don't underestimate a coin which has survived since 2011... The cycle will repeat again.

ReiX Updated 

ETH seems to have entered a bullish trend. Looking for better entry points to go long as there is a bearish divergence on the hourly.