Small revision on my previous post. Let's take this one step at a time. First target is $1.30 within the next week. Troughs are aligned, but peaks are phase shifted. Let's see what happens.
All aboard the TezTrain! Tickets cost $3, and the price increases at a steady 100% per year. The wheels are rusty, the seats are uncomfortable, and passengers of hypersonic flying meme trains will mock you and crash into you several times each year. Loyalty customers receive 5% reward per year on their ticket purchase. If you live in the United States, you'll...
Small cap tech company with low float and a very long period of accumulation last year and some big volume starting to flow in recent months. Once the downtrend breaks, it could really fly. Seems to be reactive to fib levels created between ATL and ATH. I'll be taking some profit at each fib level, hoping to reload during retraces. Let's see what happens.
XTZUSD has been getting slaughtered for more than three months straight. The market right now obviously looks pretty damaged, and a lot of people are calling for sub $40k BTC targets... but there are other factors to take into consideration here. First, XTZ has been front-running the market on longer timeframes. In the last cycle, XTZ was both an early riser and...
Followup to my post last year It's exactly the same setup as before, except this time I'm a bit less fundamentally bullish on ZRX because the market has evolved a lot. Let's see what happens.
I have posted a lot of XTZUSD analyses recently. Some have worked out, others not. Based on what I've observed in the data over the last year or so, it is clear that XTZ pays great respect to the BTC pair, and only half-measured respect to any other pair. In this chart, cyan lines are 'anchors' and gold lines are 'beacons' identified by an algorithm which...
I'll keep this brief. LRC is leading the herd on a bullish breakout day. I'm confident it will eventually hit $1.2, but will need to make a few stops along the way. $0.75 is absolutely key resistance. I will be taking the majority of profit here, and waiting to see how the market reacts. The zone just under $0.50 is also interesting, but I expect less of a...
BCH is an extremely misunderstood cryptocurrency. If you look deeply into the project, there is a lot of consistent development activity and a lot of things to be excited about. SmartBCH EVM compatible sidechain usage has been consistently growing. Real world adoption of cryptocurrencies for monetary transactions has been growing. The protocol is...
The chart is a mess, but I look at Tezos a lot and don't have time to clean it up and make it pretty, so let's just get to it. XTZUSD is having some serious growing pains, but I am just going to buy the fear all month. I believe the rest of October will be painful as the price keeps getting squeezed lower and lower, bit by bit, probably down to high $5s by the...
I bought the fear throughout October, now it's time to see if it pays off. Linear scale this time. I'm speculating that XTZUSD could be forming a nice cup & handle pattern. The standard price target of this chart pattern is measured by the distance between the top and bottom of the cup, which is then applied to the top of the handle at the potential breakout...
I don't believe the price ratio between BCH and BTC will drop below 0.01... ever. There is a huge amount of competition in crypto today, but BCH has the bitcoin brand name and could catch on with the masses faster than some of the other newer coins. BCH speed is faster, fees are lower, and on-chain transaction volume exceeded BTC yesterday. Kim Dotcom is...
FTM is literally up over 150000% in less than two years. This coin is worth having on a watch list, but something just feels wrong about this chart to me. First and foremost, the volume makes no sense. The market cap is somewhat reasonable, but the price appreciation is nonsensical. No sellers on Earth? Nobody willing to take gains on over 100000% rise? A...
Returned to strong support. Buy the fear. If the bottom doesn't fall out, it should continue up to $10.
I'm cautiously optimistic on XLM. It's been sleeping for a while as newer 'cooler' coins have been dominating the alt markets. I think there's still more room to run here, and the retest of the exponential uptrend is making me look at an entry here. I'm more bullish on XTZ than XLM at the moment... but may consider diversifying a small portion into XLM. If...
XTZUSD has been generally outperforming the market over the last week or so, and I expect it to continue outperforming the market for quite a long time. Broke out of an IH&S, retested the neckline, and then BOOMED to the upside with titanic volume. There's a lot of good news on Tezos, and it's significantly undervalued according to many blockchain usage metrics....
ATOMUSD returned to the support levels that I mentioned in a previous post. Buy the fear.
XTZUSD had a breakout today on stronger than usual volume, so I ran an algorithm to generate some experimental support and resistance zones. There's a lot of stuff going on in this chart, but really only two things to focus on. (1) The yellow heavy resistance area which I believe is caused by buyers stepping in too early during the apocalypse crash in May, and...
This is a good long term buy price no matter whether you're a scalper, swing trader, or holder. I spot some resistance in the $19 zone. Take some profit and don't get greedy, but maybe hold some and wait for ATH. It could dip a little bit lower, but I wouldn't worry about it unless it starts tanking horrendously below the uptrend support line. There's a metric...