It is my opinion that the 55% level should be the point for a reversal in Bitcoin Dominance. So we are only 2% away from an important inflection point. The decision to pause and to slow down interest rate hikes by the Federal Reserve Chair Jerome Powell could have something to do with it. He hinted the central bank might be done raising interest rates for...
TRUEBIT is my wildcard pick and a quite unknown project. Here is what it says on the homepage: "While smart contracts can perform small computations correctly, large computation tasks pose security risks for blockchains. Truebit counteracts this shortcoming via a trustless, retrofitting oracle which correctly performs computational tasks." From what I...
I decided to invest in this token when I saw the founder and CEO of LCX was invited to the WEF edition 2020. So I was very early. I invested when the token was around a cent. ATH was 68 cents when Coinbase added it to its traded coins. At the time writing we are still down 90% from ATH. Today we are in an environement where Exchanges go bust (FTX) or facehuge...
Again, this is only position n° 20 in my portfolio, I chose it to be my second pick because of its short medium term bullishness. It has just broken out WITH VOLUME out of its 8 month descending bullish wedge (and 18 months accumulation range) putting in a double bottom at the 50 cents level. This project is still down 99.63% from its 31.05.2021 ATH (all time...
Delysium is an AI-Powered Open World Framework. This is what the homepage says about the project: "Delysium AI empowers all users to create their own AI-Twins easily. Each of them can gradually develop their unique personality and functionality through constant interactions. With AI-Twins, anyone can connect with each other more efficiently and participate in all...
Algorand is a solid project. ISO20022 compliant and has strong ties to the global elite. Its price got completely obliterated when Gary Gensler (SEC) who formerly had exprssed very positive views on the project, attacked it by declaring it a Security in April 2023. However this is just a shitshow (as the lawsuit against Ripple which the SEC has lost) to...
XRP Some love it - some hate it. I have been holding this coin for about 7 years now. I have always known that it was made for greatness. My XRP holding always oscillated between 90 and 60%. I am a believer. Fortunately I diversified somewhat and was able to make some gains with other tokens. I understood that, to be able to wait for the rewards, i had to be...
After an extreemely hyped up ICO, FTX exchange helped to push up the price to extreemes, giving Venture Capital Funds the exit liquidity to dump their tokens. Seed investors paid 0.036 $ (3 and a half cents) and had the opportunity to sell at around 720$ making a 2000 x from their investment !! An almost 1000 day long dump followed the lunch of ICP leaving the...
NEAR has an incredible adoption curve. It is one of the fastest growing L1 projects and at the moment is still extreemly undervalued. Technically it has a similar position like Algorand. It has recently broken out of a descending bullish wedge after having atempted a false break down. I am very bullish on this project and expect medium term almost a 100x from its...
While the Bitcoin ETF is on the news, ETH has now bottomed against the Bitcoin pair. Bitcoin dominance is breaking down of a bearish rising wedge and suggests dominance of King Bitcoin has likely topped. Do not get me wrong: this is bullish for Bitcoin itself !! However, a falling Bitoin dominance (which is bullish for Bitcoin) is utterly bullish for the...
We are now entering the last 3 top picks of my list. These are no micro-caps anymore. These are solid blue chips that are already in the top30 of the overall crypto market. Whereas I am only allocating 1% to the previous tokens (1-7) because they are highly speculative, I have allocated 14% of my crypto capital to this project. No presentation needed for this...
The price of bitcoinSV (the original and only scalable Bitcoin) has broken out of the long term huge bullish descending wedge. The 200 MA has also been driven out of the wedge. A capitulation type crash has concluded the long term bear market for BSV (touching the all time low of 19 dollars) at the end of june of this year. Since then price has violently been...
This investing idea is especially for TRADERMARIANO a long term follower !! Everytime I was looking into XDC I saw nothing but bearishness during the last 12 months, despite all the steps that this company took to grow its ecosystem ! XDC has broken out of a long term large bullish broadening wedge and has made a text book back test. 50 D moving average looks...
There is a beautiful broadening bullish wedge forming (blue line) that has recently broken to the upside. Confirmation has been signaled and price is in backtesting mode. This broadening descending wedge is developing inside a larger pattern: a broadening bullish wedge (not descending but broadening to down- and upside). All this happens on the BTC pair. My...
I drew this chart 1st of May 2022 and suggested that it was signaling an Altcoinseason. After the dominance had broken out of the bearish triangle to the upside I thought I WAS WRONG. However, after a strong reversal the Bitcoin Dominance has fallen back inside the triangle today and is FALLING LIKE A STONE !!! Will be really interesting to see how this further...
As many altcoins, TRIAS has started to outperform bitcoin and has broken out against bitcoin !! Will be interesting to see how this further develops ....
As many altcoins, XRP has started to show strength against bitcoin !! Over the years it has built a very complex inverse Head & Shoulders pattern. There is a very heavy bulk of resistance at the hight of the neckline ! Once this breaks price could rise dramatically...... Will be interesting to see how this further develops ....
As many altcoins, XDC has started to massively outperform Bitcoin !! It has broken out of the bullish descending wedge and already accomplished a complex backtest ! Will be interesting to see how this further develops ....