Coinspeak Technical and Fundamental Market Analysis

I added to my EOS position March 27 at ~$6.15. Booked a 185% gain in just over a month. I am letting the principal ride as this is pure profit harvesting. Did I sell the recent top? Nope. Called it, didn’t trade it. Story of my life. This chart was screaming sell. I mark the 4.618 fib as overbought on …

There is a new short message format social media platform that runs on the Bitcoin Cash blockchain and it is called Blockpress.  https://www.blockpress.com/ Blockpress is similar to Twitter. However, Blockpress has done several things that are very unique. First, every action on Blockpress is a microtransaction on BCH. Change your name, picture, post or reply requires a very small amount of …

Crypto is near an interim double top. So many setups showing big moves ahead but there’s been a failure to punch through proving that resistance is resistance until broken. BTCUSD Ichimoku cloud chart below. For now, the market overall is closely correlated to BTCUSD moves. Will the price resolve upwards or downwards? There is a mix of bullish and bearish …

One of the important distinctions that is missing in today’s markets is that Speculation is not the same as Investing. Crypto is speculating (today). Don’t be fooled by the holding mantra as a smokescreen for crypto investing. “An investment operation is one which, upon thorough analysis, promises safety of principal and a satisfactory return. Operations not meeting these requirements are …

Some BTC Snowflakes have created a website to promote a frivolous lawsuit claiming that Bitcoin.com is intentionally misleading visitors to buy BCH instead of BTC. The entire affair is comical and will backfire. Here’s the background: Roger Ver AKA “Bitcoin Jesus” owns Bitcoin.com. Roger became a BCH proponent early on. He added BCH to Bitcoin.com and over time BCH has taken a more …

I will start with the good news: it’s still early in the Crypto game. Very early. You have not missed the boat. You can buy Crypto today and you’ll be way ahead of the exponential S curve we are entering. Everything up till now has been a test. The launchpad is ready and we are now loading rockets to the …

I have made a portfolio change. Rather than BCH, EOS and XMR I have reallocated. I have sold all of my XMR and I have added to BCH. Monero has a lot going for it: regularly scheduled hardforks, anonymous by default, a clear and concise roadmap with a process for what items are prioritized. Monero may also have one of …

Things are good in Crypto land. I’ve managed a return that would shame billion dollar money managers for their entire career in the past two weeks. I’ve enjoyed egregious gains and catastrophic drawdowns since my first Bitcoin purchase at $13. It’s been a wild ride. Were I not in early enough and had weathered the dot com collapse I may …

$1,560 is a key level for Bitcoin Cash. This level has served as important support and resistance. Once broken we could see a violent upswing. In the words of the immortal Jesse Livermore: Prices are never too high to begin buying or too low to begin selling. This technical level for price is a natural place to pause. There is …

Crypto is back and so am I. If you didn’t buy the dip you still can. Bitcoin Cash has run 110%+ recently and is gearing up for a May 15th hardfork to enable new functionality in the form of opcodes. In layman’s terms, opcodes enable BCH to do anything any alt coin can do now. It’s Boolean logic. IF….THEN type logic. …