BL∆KWallet and BL∆KCoin In 2018, besides the BL∆KWallet the new & novel cryptocurrrency called BL∆KCoin will be launched. Just like the wallet, it will be End2End Encrypted, with P/FPS, hardware binding encryption, multi threaded, multi cipher with DNA style encryption and pre/post quantum immunity. Anonymous, untraceable, unbreakable & non-hackable, it will be one of a […]
Bitcoin, Like the Fool on the Hill
The Fool on the Hill As mentioned before: anticipating a corrective move of the Bitcoin price has made a fool of anyone including myself The Fool on the Hill, The Beatles: And nobody seems to like him They can tell what he wants to do And he never shows his feelings But the fool on […]
Ripple Sets A New Price Record At $0.45
Ripple holds support On November 26th the following daily scenario was proposed: We stated that: The bullish case will remain valid as long as the price stays above the lower rising triangle boundary. Ripple bounces and breaks to new high Yet Ripple moved back somewhat dipper than anticipated to precisely hit the support that firmly […]
RIPPLE should be ripping higher and outperform Bitcoin
The risk on Bitcoin is to the downside We warned on November 5 about the downside risk on Bitcoin when it was at $7,500 and got it right as expected from the daily and weekly extreme overbought conditions. Similar extreme conditions are also present on the monthly time frame and the longer they are maintained […]
What if you missed the Bitcoin rally?
Flight to Safety In our previous analysis we proposed to buy the Bitcoin price breakout above $5,000: By the time of posting the Bitcoin has rallied above $7500 and it can not be excluded to see it spiking even higher; it is noteworthy that this uptrend started from a price low of $188 in August […]
Crypto update – Flight to safety
Cryptocurrencies Capitalization The forest of cryptocurrencies is made mostly of young shoots growing in the shadow of the father of them all, the Bitcoin. Even if some newer altcoins are backed with a honnest business objective many of them are plastic artifacts planted there as investment scams to lure naive investors into speculative buys. Our […]
Bitcoin Rejected Lower, Expect More Downside
Bitcoin capped below $4150, breaking down Yesterday we highlighted the strong resistance facing Bitcoin at 4150 and advised that the risk was to the downside: The graph associated with this tweet presented that Bitcoin price has broken its long term uptrend that started at $2,000, then become capped below a descending trend line, and finally […]
MONERO Leadership Subsiding, now heading lower
MONERO turned from strength to weakness In a previous post published on 7 Sept 2017 the out-performance of MONERO was highlighted and we provided our readers with three possible scenarios: either to buy the breakout (that never happened), or to buy the support with a tight stop-loss and a third ‘What if’ version considering a […]
LITECOIN, The Weak Cryptocurrencies Link
Previous analysis about LITECOIN We had previously anticipated LITECOIN outperforming BITCOIN and called a bottom when the price ratio was at 0.011 with a price target of 0.20: Litecoin to overperform Bitcoin over the next two months It is now a good time to buy Litecoin against Bitcoin We also called the break above $50 […]
DASH taking cryptocurrencies’ leadership
DASH now outperforms his peers 1. DASH vs. MONERO in a broad trading range DASH compared to MONERO trades in a very broad range. We should expect the price ratio to move up to reach upper range boundary towards 5.8. 2. DASH compared to ETHEREUM inside a rising wedge DASH compared to ETHEREUM trades inside […]
Follow-up on offered strategies
Follow-up On Offered Strategies Everything on this blog is FREE and should stay so. For the sake of transparency and clarity we will strive to progressively improve the way the follow-up is done. Investment and trading strategies and recommendation are made for various asset classes such as stocks, forex pairs, cryptocurrencies, commodities, precious and energy […]
Cryptocoins consolidation hypothesis
Monero contracting triangle hypothesis Earlier today we posted the following chart on Twitter: Monero was selected because we believe it is probably for the time being the strongest virtual currency and we prefer to buy it rather than Bitcoin, Litecoin, Ethereum, etc. Scenario follow-up From an immediate perspective the price must hold its recent bottom […]