Cryptocurrency

[SunnyInHades]

>cup and handle

meat 'n' 2 veg

[scooterscot]

na man that's head and shoulders

[scooterscot]

I'm only playing with 1 coin so it's wait until it's at the top for me rather than try and catch the drop.
This trading stuff is rather good...spending more time doing this than working

EDIT:
When I say doing this...I actually mean staring at the non-moving charts which are set at 30 min intervals

Starting to wonder if the cup edge will fly past 0.080 before breaking down. US is still to wake up..

[VirtualMonkey]

>cup and handle

For some reason you can't see the comment that came in on my update email...meat 'n' 2 veg.
My veg don't stick up like that

[VirtualMonkey]

Starting to wonder if the cup edge will fly past 0.080 before breaking down. US is still to wake up..

Looks to be strong. Technically we're at the top of the cup (based on that pump due to the report coming out) but it does look to be gaining momentum...is BTC correcting to cause that?
EDIT: RSI 14 is looking overbought so we must be close

[scooterscot]

To short or not to...

"Comment: The price broke the resistance line of the pennant. It means that this chart pattern is realized as a continuation one. Profit targets should be between 700.00-750.00 level. But if you are not sure that the market can reach these levels, you should fix profit on different levels, starting from the current one."

https://www.tradingview.com/chart/DA...er_idea_update

[scooterscot]

Looks to be strong. Technically we're at the top of the cup (based on that pump due to the report coming out) but it does look to be gaining momentum...is BTC correcting to cause that?
EDIT: RSI 14 is looking overbought so we must be close

I think it's the Zimbabwe / Dash partnership news that's causing it.

https://www.crowdfundinsider.com/201...ryptocurrency/

Digital currency for payments Dash announced on Tuesday it has formed a partnership with KuvaCash to launch a program that is designed to solve Zimbabwe’s ballooning inflation, collapsing currency, and declining national economy.

According to Dash, KuvaCash is a Dash-record $550K USD undertaking, funded directly by the Dash treasury via its unique governance model, and aims to provide Zimbabwe with its first-ever peer-to-peer localized cryptocurrency payment service for anyone with a phone-number-based messaging system. The company noted that locals currently have to wait hours in bank queues to access their money and are experiencing exorbitant fees on transactions. The Zimbabwean Government has notably tried to address the crisis by issuing bond notes matching the price of the U.S. dollar as a fix, but this remains a stop-gap measure, rather than a permanent money system. CEO of Dash Core Ryan Taylor stated:

“I have been advocating for quite some time the potential benefits Dash can provide to economies with less stable currencies, and Zimbabwe seems a prime location for these benefits. This project in particular is well-researched with value propositions, branding, and go-to-market strategies tailored to the local market. Combining the ideal network – Dash – with a well-considered strategy should lead to a high probability of success.”

[Jog On]

To short or not to...

"Comment: The price broke the resistance line of the pennant. It means that this chart pattern is realized as a continuation one. Profit targets should be between 700.00-750.00 level. But if you are not sure that the market can reach these levels, you should fix profit on different levels, starting from the current one."

https://www.tradingview.com/chart/DA...er_idea_update

looks to me like a strong impulsive bull candle followed by a series of inside bars which tends to err on the side of continuation. The pullback to previous resistance at 400 is also textbook breakout/pullback behavior.

I bought dash yesterday

[VirtualMonkey]

Looks like we may be seeing the handle now....estimate was 0.065 and currently at 0.068

[vadhert]

I got back aboard the Dash express this morning.

choo choo