Bullish: BNB has been a huge success story, is clearly no.1 and there are good plans to give the token further demand/utility. Bullish stories like 90% of Binance staff accepting BNB as payment (is it literally fiat equivalent or is there an incentive uplift/hedge allowance?) & foundations using BNB to pay for projects. Bearish: History has shown each alt cycle...
No position - neutral. Bullish: Binance coin has been a huge success story, and new utilities are in the pipeline. Binance employees mostly take salary in BNB they say (what incentives unclear), philanthropic projects to be funded with BNB. However the main utility for now remains a fee currency on the exchange (with good incentives to use), and the exchanges...
Indicators have been showing bullish divergence for around a month, pretty extremely so now. Whilst divergence has been seen in many alts for the last weeks, this looks like a better set up with the Chaikin in agreement with other indicators. Targets based on fib levels - timing is pretty much guess work.
Haven't seen this discussed much. Interested to hear others' thoughts on the linear trend line offering support where the log failed this year. .78 fib seems to line up nicely too. Considering entries and 0.038 looks like a possible starting point.
Possible H&S / ABC correction scenario
Taken a hammering like so man alts - could this mark the bottom is in? Perhaps retract to 1150-1200, once past ~1400 game on.
Ripple xrp is one of the few old assets where 2017/18 pump matched the earlier 2017 pump in bitcoin 6.64% terms - most others older coins showed lower highs. This is probably because of the XRP media attention, a lot of new retail buyers and now bag-holders. Coinbase no mention, lots of "security" news - scares holders. Increasing discussion about how XRP not...
$ETC has outperformed other alts through the recent bear market, following its own path. Its time to catch up in my opinion and the bearish divergences on the RSI and CMF encourage this feeling. The orange fibs are from Dec 17 low to early 18 highs - the blue is all time low to high (on Bittrex) - both seem to be getting respect and the shorter term 0.78 is very...
No TA just some observations and thoughts on a chart. Would be great to hear your views. Not interested in individual coin shills ;-)
At USD 34m market cap, $trst seems undervalued. Is one of 3 projects that has Vitalik Buterin as advisor, has a working product and looks like its in an accumulation phase. There are crappy ICOs raising more than the market cap, that will never get a decent exchange listing.