Getting away from the $900 bitcoin thread.
Thoughts on XLM and ADA right now? Some good dips happening, but will they turn around? Tron slowed right down, and Ripple seems to be stuck
Getting away from the $900 bitcoin thread.
Thoughts on XLM and ADA right now? Some good dips happening, but will they turn around? Tron slowed right down, and Ripple seems to be stuck
I tend to be more long-term minded as opposed to running after the latest hype. By coins now that are low but offer a viable service/product. I have a spreadsheet of about 30 coins I need to look up.
Also, the long term prognosis is decent for anon coins - as time goes on and BTC keeps rising (even steadily) the governments, esp here in North America, will start to fight back at some point, and the masses will smove to anon coins to hedge against the slow demise of FIAT.
maybe I will put my crypto charting and post here instead.
Reposting latesting thoughts on BTC.
this is my current count suggesting a lower low ahead. However key is the 16k zone battle, which is happening right now. it needs to break out and turn it into a massive support, failure or rolling over here would keep the move down intact. signaling this is merely a wave b top (orange) with c down to follow.
I am also trying to follow the cycle/wave count suggesting some sort of major cycle low towards the end of Feb early March. Those interested can watch this video as the timing is quite good on this stuff. skip to the 23m mark to see charting.
https://www.youtube.com/watch?time_c...&v=LTPvx6UD_xE
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2019 IS350 AWD
20xx NX350 AWD
Starting to get a little nervous.
I exited 25% of Ripple at the peak but am worried about it holding support around 15000 satoshi
My alt coins are down 2 - 30% today; was planning to move into BTC but only hold about 30% of the total portfolio as of now.
A bull run on BTC will hurt.
technically ripple remains in a potential 5th wave count sequence as long as it remains above 2.10 breaking below = big medium top is in, I have my next ordered moved to 2.11, my ideal zone to double up is 1.61
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2019 IS350 AWD
20xx NX350 AWD
Holding IOTA, Ripple, Tron and Stellar. I'm playing long term with small money and hoping for a big run up on one of them since they all have specific purposes that differentiate them from other crypto's (well, Ripple and Stellar are basically the same thing so I bet on both horses).
Every one of them so far has rocketed up and retreated a bit and I'm assuming they'll all bounce around for a while. I'm up a lot on Iota and Ripple so it makes it easier to be patient and ignore dips, especially Stellar.
Last edited by dj_patm; 01-05-2018 at 11:50 AM.
I have buy orders on Ripple at 12,000 and 10,000 satoshi (2x the amount at 12,000).
Don't trade in $ typically but roughly they are close to your 2.11 and 1.61
Will watch closely...
I was .04 away from my order. As long as Ripple remains above 2.09 the previous chart I posted over at the short term trading thread remains intact, this drop is still a large wave (4), with wave (5) to come above 3.3. I am hoping there is one more wave (v) of (C) of (4) tonight, giving me one last chance to load up near near 2.11
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2019 IS350 AWD
20xx NX350 AWD
Are you guys finding the technical analysis of these currencies to be reliable?
I never trust technical analysis 100%, but it is my guide for entry and exit better than shooting in the dark sort of speak.This quote is hidden because you are ignoring this member. Show Quote
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2019 IS350 AWD
20xx NX350 AWD
Tron had a bit of bad news well atleast on reddit.com - someone looked into it and found it was just as vaporware as Verge was. Im sure there will still be money to be made on it - I was up 600% so I exited most of my Tron and thinking I will dump some more into Stellar and strengthen some of my other positions:
The info is below:
https://www.reddit.com/r/CryptoCurre...ises_more_red/
This quote is hidden because you are ignoring this member. Show Quote
This entire crypto market is being manipulated by the big boys at the moment. No technical analysis can properly account for that (it's not a market). Leaving aside my thoughts on technical analysis in general.This quote is hidden because you are ignoring this member. Show Quote
No different then the stock market.This quote is hidden because you are ignoring this member. Show Quote
Surprised that no one commented on the double bottom. With TA and BTC, I find the simple and most obvious signs tend to work most of the time - esp with a daily or a weekly chart.
guess i should got out..here's hoping some good news next week gets it back higher.. im late to the game so not getting any of the fun '600%' upsThis quote is hidden because you are ignoring this member. Show Quote
Ripple
ripple has given us 5 waves off the low, was hoping we get one more lower low under 2.15, but now that it has risen high enough to overlap over 2.75, it is very possible the bottom is in. and it is now working off a sub 2 correction then a big move to test the highs 3.3>
again big picture is that as long as 2.09 holds, I suspect Ripple remains in a larger 5th wave pattern with one more big push before a medium term top is in. If 2.09 goes then a medium top is in, and the hunt towards 1.2-1.6 begins.
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2019 IS350 AWD
20xx NX350 AWD
while BTC punched thru 16k, it is now back testing this area, if it fails as a support I would caution the big wave (C) down remains intact
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2019 IS350 AWD
20xx NX350 AWD
Ripple
is Ripple making the exact same move as seen in December?
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2019 IS350 AWD
20xx NX350 AWD
Ripple broke thru and invalidated the setup once it dived under 2.55, looks like I may still have a chance to get in on the low 2s after all.
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2019 IS350 AWD
20xx NX350 AWD