DASH, BCC, XMR & ETC trending in an inverse price correlation on BTC drop and accentuated correlation on rise. With Bitcoins dominance (% share of crypto currency market capitalization) decreasing incrementally this could present an opportunity to capitalize on certain digital assets. This model presents a test-bed for BTC capital outflow.
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In this simple chart we can see that bitcoin 0.94% has two options, either demand comes in and pushes up higher in the bull channel or supply comes in and takes us lower, potentially below the channel to refuel for a bigger move to the upside. Bitcoin 0.94% is getting a narrower price spread and the volume is declining although supply seems dominant, this is a...
Recency biases, known "truths" and herd expectations. I think the chart summarizes well what many thinks when they look at a chart of gold. But lack of substantiating it with more than looking to what happened last year and what others say and think makes it a weak analysis. They fail to look to the true cycle pattern that lies beneath gold and its historic range...
github.com " We have started labeling the claims of block rewards, as they are the most obvious transactions between t and z addresses, and found that these transaction take up over 87% (98K transactions) of all transactions from a t-address to a z-address. This trend has been decreasing, as for the last 10K blocks this ratio is only 80% (4500...
Skip to the second paragraph to get to the point, first paragraph discusses observations... What you see in the bottom of the screen is a script I recently published just for fun; it's a momentum measurement for bitcoin against several fiat pairs and crypto pairs, and all summed together. The top of the screen is essentially the btc price, but somewhat more...
significant divergence between ZAR and TRY, LIRA having difficulty to find ground as the politics set the tone of the markets over the last two months. Equities dived more than 12 % in TRY terms from its october highs and the benchmark paper yields moved to 14.34 from 11.67 (2 year)
in this chart we can observe bitcoin BITSTAMP:BTCUSD and why it has behaved in such a manner with the ups and downs and sideways movements. It is all in the details when you look at the volume based on supply and demand , hover over the icons for further details and view the journey of bitcoin's price action.
Hi traders! Hope you had an amazing weekend. I usually post ideas where I state trading ranges and the important of them. Therefore, I decided to explain it briefly below and why they are important - please keep an open mind and feel free to ask me any questions below! - Abdulla What are Trading Ranges? One of Richard Wyckoff methods to improve the timing...
We've seen Bitcoin, unanimously the most widely known cryptocurrency, rise to gains of roughly 730 times its late 2011 market debut . Most of which has occurred in just over 2 years time. Even after its meteoric rise, many call for continued pace of gains. From investing newbies to hedge fund titans, the positive, aggressive sentiment can be heard. But what does...
BTC and BCH charts mirror eachother strongly which shows that people are trading one coin for another to multiply their holdings. Yet Despite BTC's recent growth BCH seems to be holding it's price quite well which means not everyone is dumping their BCH for BTC. Although the price gap between the pair seems to be widening perhaps BTC's growth also helped BCH's...
Hi traders. I wanted to share some of my favorite quotes by Jesse Livermore. I have learnt a lot from him during the beginning of my trading career. For the people who haven't heard about Jesse Livermore, Jesse Lauriston Livermore was an American investor and security analyst. Livermore was famed for making and losing several multimillion-dollar fortunes and short...
There are a lot of patterns on the big chart that seem to repeat themselves a couple times. BTC is beyond the paradigm shift in trading. It's mind boggling to see how far it has come and just looking at that near straight line on the overall chart is quite a view. All it takes is one more negative news and tower will collapse.
Bitcoin showing the same bubble pattern over and over again. Let's see if it can surprise the world again - BTC @ $24.000
KMDBTC looks like it's in a symmetrical triangle. I used lines to mark impulse & correction waves so that you can see price action pattern easily. Consolidation zones highlighted by white box. Watch MACD for upward movement. Watch RSI for upward movement. This trade seems like it has favorable Risk:Reward and therefore, I will be putting it on my watchlist &...
As you can see by the chart, every few months or so, our DOGE decides to wake up, pop, and go back to sleep for 2-3X the length of the "pop". After every peak, it tends to slowly go down and fall around 15-20% less than where it started. You can use fib retracement on the higher high and lower low to see. I used fib timeframe to see if I could spot patterns and...
Hello traders, This is only an educational post showing what really happened and how Bitcoin gave us the signs few days ago. Let me know if you have any questions in the comment section. - Abdulla
First of all, if you are not initiated with the eastern concept of 'Maya' then go watch The Matrix trilogy. Now, after that if you can understand that Bitcoin is just a fad and eventual fraud, then probably you are someone with 'common sense' which is very rare these days. As couple of decades ago it was cool thing to put 'internet' in your company profile,...