Yes, we are going into the greatest depression ever. So, just hold cash. Not so great. Why investing in innovation is the best bet? Because the pay off is big if it gets right? Why most people in the world are poor and never achieved financial freedom? Because they don't take RISK to invest into technology and innovation. This is just ONE example from hundreds...
Crypto is dead bla bla bla. Altcoins are going to zero bla bla bla. My data is showing otherwise. Just like that it can doubled tripled quadrapled. This is how crypto works. Notice that during Bitcoin bull market from April to June, most of the cryptos are FLAT or down in USD term, which means that the big whales are PREVENTING them from rallying or going up....
While people are fearing about a potential recession and trade war bla bla bla, Shopify just don't care and actually doubled in just few months. Shopify is an example of stock that doesn't care about the overall general market, because its growth story is much more important, and its own Fundamental have much bigger influence towards its stock price. We have...
Ethereum Classic got 51% attacked. It should have died, but it didn't. Why. Try looking back at those crypto that exists in 2013, together with Litecoin and Bitcoin, and see whether they exist or not. Here are some reasons why Crypto continue to exist: 1. Unlike stocks, crypto is not regulated, therefore, someone can just come in and mine this blockchain, and...
Most people are obsess with short term trading, trying to time the small fluctuation in the market. While it sounds great, the greatest wealth are being made by being objective in the long term, by being in the market as long as the trend is obvious. The trend is obvious for Bitcoin. It has never been in a bear market, if you look long term enough. This is a...
AMD/INTC has broken above a trendline (on the log chart) for the first time since 1985. AMD/INTC represents the performance of AMD relative to Intel. For the first time in a very long time, AMD is taking the lead over Intel and is challenging Intel superiority in the CPU market. AMD shares of data center is roughly about 2% while the rest is Intel. AMD market...
Chart tells us a story. Chart tells us everything we need to know. This is Nasdaq Inflation Adjusted Yearly Chart, one candle is one year. If we close at this level at the end of 2019, then, this is a breakout and the first time Nasdaq closes above its prior peak, which is in 2000 Dot Com Bubble. So, is this a breakout or a crash? Let the chart and market...
Most people don't make it big in the financial market because they LACK PERSPECTIVES. THEY LACK LONG TERM PERSPECTIVE. Most people don't make it big because they can't open their mind and be critical in doing analysis. Most people don't make it big because THEY BET AGAINST NEW TECH. Just as those people who bet against Henry Ford. Just as those people who bet...
High probabilities that this is the bottom with many altcoins and shitcoins bottoming and spiking up versus Bitcoin, it is only a matter of time before the big guys and the king Bitcoin to stage a move to the upside. Explosive moves always superceded with low volatility, low volatility usually means there will be explosive move either to the upside or to the...
How Accumulation and Distribution Works in Crypto. Using examples of ELFBTC. Applicable to any coins. Accumulation is a phase where the price is slowly drifting lower, making lower lows. Accumulation ends when the price is no longer making new lows, stagnating at a certain range and having very low volatility. Sometimes there will be spike in volume at this...
Cardano chart is bullish and showing sign of bullishness since January. With so many altcoins bottoming and spiking up. We might be entering into another phase of mini-bull market for at least 1-2 months. Super bullish on the whole crypto space. Ride the trend with tight stop loss.
Contrary to the believe that having an RSI above 70 is "overbought". In crypto, we often have the situations where during a big pump, the RSI can be overbought for some time. So, if you don't want to miss on a big pump, you need to focus on those that are having RSI that is above 70 and in overbought position. Yes I know we are in bear market but opportunities...
NEO is positioning to break out above 0.014/0.015 range which is a huge resistance throughout the history of this crypto. Weekly RSI is hovering around 65-70 which is bullish but not overbought. My trading/investing philosophies are simple: 1. I look for patterns and long term trend (Weekly for Crypto), and I trade with the pattern/trend, not against them. 2. I...
ZCLBTC is showing some promising signs of a potential breakout above 0.016. With a tight stop loss or trailing stop loss on a smaller time frame (4 hours or 30 minutes), this can be a beautiful risk/reward trade. What is the potential target? What is the valuation of Bitcoin Private? At 0.016, Zclassic have approximately 400 USD million market cap. 1 Billion-2...
LTCBTC is approaching an important level. Simple analysis here, if LTCBTC can break above 0.0022, then, Litecoin has free itself from the price movement of Bitcoin. Does not mean Litecoin is up against USD. But this is an important thing to watch out. If Bitcoin rebounds, then Litecoin may outperform Bitcoin versus USD. There are many catalysts here and there are...
I have been watching and monitoring Ethereum Classic for long time. Ethereum Classic have finally shown a sign of bullishness in the recent days. The bullishness can be seen on a bigger time frame which is the Weekly Chart. Longer time frame rarely lies and the set up looks nice. Of course, I am a long term trader and investor, I never try to intra-day and make...
Twitter (TWTR) has finally showing some strength since IPO. After first ever quarterly profit, can Twitter turnaround and be a multi bagger from here? On a weekly basis (which is the minimum time frame that I am using for stocks), Twitter has shown some signs of bullishness from all the indicators (RSI is above 70, DMI is bullish, and the candle is hovering at...
Every time Bitcoin went parabolic, it will crash and have it corrections. The length of the crash and consolidation period depends on many factors. One of the factor is how fast the price can recover and maintained at higher prices, we can see this during the early 2013 crash when Bitcoin recovers quite fast and went to another parabolic move at the end of 2013....