$DBC Weekly Doji at 0.786. Weekly CCI never crossed below zero showing bulls still have a slight edge. OBV Still looking good; definetly want to see that support hold. Overall good swing trade set up; $DBC looking good for another run.
Pair: DBC/BTC Exchange: Huobi Trade Duration: Long Risk: Low Signal Strength: High Introduction DeepBrain Chain is a decentralized neural network. Countless nodes across the world will supply computational power to AI companies and receive DBC as rewards. 70% of the DBC will be paid by the system and AI companies only need to pay 30%. See the...
$DBC have quite low supply and probably one of the biggest PPT on the market. It's one of the most appealing risk to reward ratio on crypto market. This coin is quite volatile but i guess buying here is quite safe although be careful low cup coins are always more risky to trade/invest. Green - buy. Red - sell. It's not a financial advice. Trade carefully and good luck!
Volume is up HUGE! Price had been stagnant. Deep Brain Chain is one of the leaders in AI and cryptocurrency. $DBC was at $0.60 at the top and is now trading at $0.0013
Crude oil has been getting absolutely walloped for weeks now, having lost over a third of its value recently. Looking at the chart of USOIL I recently posted, it seems to me we are definitely primed for a bounce. The bounce will ultimately fail, but we’re really, really oversold at this point. One thing I noticed is that the commodity ETF, symbol DBC, has...
We are reaching last UHVA and a round price of 100 per share. it is also weekly trendline. RSI is diverging on Daily chart, may be worth a try for a seasonal swing for winter
Based on techs Bitcoin has smoothly bounced off the uptrending support line continuing the uptrend. Overall the consensus remains bullish.
Seems as if Bitcoin is on its way to creating another triangular flag pennant for another breakout upwards. Should be interesting as alts begin to run again for the possible 10K break this time :-) $DIME $DBC and $NXT has some of the best ROI potential in the Crytpo Sphere and great teams at the heads of them. In addition the technology on all three alts should...
$NEO has been on a Bullish streak and we can expect that to continue throughout 2018. However we have a potential Hanging Man on the 1D NEO/USD Chart, signifying a short term Trend Reversal. This minor correction will allow the NEP-5 tokens to bounce back, as NEO is their Primary Pair on Kucoin. If you are invested in $QLC, $DBC & $RPX, now may be a great time...
Crude Oil Brief Crude oil has been strong of late and has gained nearly 30 percent over the last four months. Much of this has to due with the exporting of crude and products which has dramatically lowered inventory stocks - overall stocks the lowest since March 2015. However, we are heading into a seasonally weak period for energy products, and inventories...
W: 2017 trend line broken w/ RSI over 50, MAs crossing for up, uptrend confirmed D: Head and Shoulders in progress
This is the PowerShares DB Commodity Index. With more than 40% of the index weighted in different forms of oil (Light, Brent, Heating, and RBOB), it resembles the charts of crude and Brent we follow but with a more bearish elliott wave count. Circle wave iv may be underway (crude is up 2.5% right now) and I have thrown up a cluster of Fibs in order to identify a...