Hello everyone! Hope you guys are having an awesome weekend. I wanted to throw this out there and let folks know where the $300k price point comes from when you hear people discuss it. The total market cap for physical gold is just north of $6 Trillion. Yes, that is a lot. If you take Bitcoin and its 21 million supply cap with a similar market cap...you...
Good day everyone! DA Bull here with a quick big picture discussion. The Nasdaq 100 is known as the "tech-index". It is composed of over 3,000 companies and took a major hit during the dot com bubble. However, we are finding the NASDAQ at historic levels once again. When a price hits historic levels that does not mean sell. You will never hear DA Bull say...
Hello everyone and happy weekend! DA Bull here giving you guys a quick scenario to think of as we start zoning in on $6k once again. Most folks following TA here on Tradingview realize that $6k is a major support. Most folks have gone super bearish since that ascending wedge drop from $7400. If you have been following our "Time for Tea" write-up, the drop...
Hello everyone and happy weekend! DA Bull here giving you an update on one of the best investment coins, LTC. Most of us know Litecoin Foundation has just received an offer for 9.9% ownership of W.E.G. bank in Germany (most don't know the option exists to acquire another 80% for 90% ownership! link here ). We can thank Charlie for the foundation having enough...
There is not much to say here other than what the graph depicts. Also note the ICX/KRW pairing is paying a 30% premium right now.
What is up everyone! I am here with a pick that has great utility. When we at Digital Alpha look for solid tokens to hodl, we think of two things. 1) Will the product benefit from being a security? OR 2) Will this application be adopted? Notice I did not say, is this the best project of its kind? What matters at this time in the crypto world is how much use...
What up everyone! Happy Saturday, hope this finds you well. This one is pretty quick here. We have the candles on the 1 day timeframe. NEO keeps entering this pivotal area shown in the magenta box. You can see price changed direction at this point 8 separate times. We are about to hit that area now. Note when price entered this area quickly from above,...
If you don't know FunFair: coindigo.io Man I love this stuff...hope you enjoy! Fundamentals: How popular is online mobile app gaming? Zynga's Poker had 6.5m daily users in 2012. This was the latest stat I could find. It is said this app still has millions of users daily...and that was in 2012. More people have access to smartphones than ever before. When...
Bottoming out here, look for 0.03btc on break. DA BULL
This is the type of analysis I enjoy more than runny eggs on a jellied biscuit - while on vacation. that is some serious enjoyment. The past week was spent scouring through various stock charts, ETFs, benchmarks, and more. It was not until I stumbled into commodities did I start to see the type of pattern I was on the hunt for. Gold rung the bell harder than...
Happy weekend everyone! After the short squeeze we all witnessed yesterday, I've come to a new conclusion on how I see BTC 2.56% playing out for the next 3-5 months. I will warn you, it is boring. Like major boring...So take some time, drink some tea, have a beer, sleep in, enjoy your summer, do not stress. Just position yourself for the long-haul and wait for...
Keep in mind, I DO try to make my titles as corny as possible... I published this chart since it is pretty straight forward and we are starting to see the alt market test new lows. As far as Ethereum goes, we are at a decision point. We have a long-term support (white dashed line trending up) and a solid support at the 0.382 fib level here. Let us wait for...
Welcome everyone to the greatest story ever told! This is the story of "B" and the journey to find "The Moon". The Adventures of B will be filled with many heartbreaks, conquests and heroic moments. We strongly advise those that proceed posses mental hodl fortitude, stoic trader like emotions, and mutual assured-ness of "the moon". If you choose to proceed, we...
B found himself overlooking accumulation valley. He could not help but remember how he got to that point. He had successfully climbed Mt. Pamp and even ascended Mt. Gox. It was an arduous journey to the top, but his knowledge of what troubles were ahead still alluded him. Upon his descent of Mt. Gox B understood the courage that was needed to continue down...
Good day everyone! BTC on the daily is starting to show some doji action, meaning we could be close to our low. Usually we prefer hammers since the price action is faster, isn't that why we are in crypto!? For those that decided it was a good time to re-enter BTC, this trade is for you. ICX is getting close to its bottom and we are anticipating one more...
What is up everyone! Happy Weekend. You got to love the weekend, what is better!? Easy, charting for you. OK so I need to get this rounding bottom out of my system (I just did one with ICX), especially when it comes to the alliance with WAN, ICX, and AION. This alliance with these three projects will do wonders together, but for some reason AION has...
When I post I'll tend to only post if somebody asks me a question about the market or about a coin. This way I feel like I'm answering a few questions out in the social media abyss. So my boy "BM" had a question about why I thought this was a WXY pattern that we are in. So I outlined it in my previous post "BTC loves triangle dancing", link below. What I'm...
Good Sunday everyone! I am happy to be here to write a quick update on LTC. I'm guessing everyone reading this is smashing the weekend as usual! Make the most out of them! Anyways, about the wicks. This trade is pretty dependent upon BTC. If you have been reading my posts on BTC/USD you can see I'm expecting a drop to mid $7s in the next week. Personally,...