+ 5 Crypto Analysis Journal (SHORT BITCOIN) #28-32 + MoresteemCreated with Sketch.

in bitcoin •  7 years ago  (edited)

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Most of the coins alone are not bearish... but since bitcoin is in a bear cycle, everything gets farcled. Bitcoin is not an index, its just a coin... logic would predict that a contraction in bitcoin would lead to an expansion in the alts as money flows out and about through the ecosystem... nope apparently we are still too early <a good thing :)>

Welcome to the Weekly Crypto Market Roundup, Every week I go through the (TOP 40) Cryptocurrencies (mainly chart analysis) alongside my personal take. On Fridays, I update the TOP 10 and 5 every day after. My analysis is long-term investment grade analysis and although I recommend a lot of buys and sells, I don't invest in all (very picky). You can see the ones I'm invested in at the bottom of this page (COINLIFE PORTFOLIO).
-daverex

I want to help build a community of knowledge, we are still in the early days of this tech revolution. Please ask any question and I will see to point you in the right direction. Also If you have any chart requests, I am happy to provide them!
#coinlife

Bitcoin Update


https://www.tradingview.com/chart/BTCUSD/c77tJBZ0-Bitcoin/


http://coinmarketcap.com/

#28 Gnosis (GNO)
https://gnosis.pm/

https://www.tradingview.com/chart/GNOBTC/km18BWAe-Gnosis-GNO/

#29 MaidSafeCoin (MAID)
http://maidsafe.net/

https://www.tradingview.com/chart/MAIDBTC/QoPBNu8W-MaidSafe-Coin/

looks like maidsafe will maintain and possibly increase in bitcoin value over the next few months... be careful with downside risk.

#30 Byteball (GBYTE)
https://byteball.org/

https://www.coinigy.com/s/i/59529425ee291/

#31 NXT

https://www.tradingview.com/chart/NXTBTC/duUb06uY-NXT/

#32 deCRED (DCR)
https://www.decred.org/

https://www.tradingview.com/chart/DCRBTC/0AS2CHHk-deCRED/

Breakouts

LISK (LSK)

https://www.tradingview.com/chart/LSKBTC/3pDW6F77-LISK/

Since the former trade didn't work out thanks to the crypto bloodbath ... a new projection has been forced... I'm now expecting a 50% correction in LISK and although bitcoin will also drop... lisk may drop faster... good luck friends. I'll be back in sometime next week.

Bonus

CloakCoin (CLOAK)

https://www.coinigy.com/s/i/59526d83b9df7/

I've been interested in CLOAK for a few weeks now but never really charted it up. I sold some at $5 then the rest at $12... well I still own 30, I should sell them off into deCRED or something.

Golos

https://www.coinigy.com/s/i/5952666cbe8e1/

Golos appears to be a steem knockoff (russian based competitor) ... looks interesting, I just might put some money into it at the right price ... we will keep an eye on it!

Realtime Portfolios
LONG - https://www.cryptocompare.com/portfolio-public/?id=40718
SHORT - https://www.cryptocompare.com/portfolio-public/?id=41625

(#)1-10 Post
https://steemit.com/bitcoin/@daverex/crypto-market-roundup-leader-charts-and-more-6-23-2017

(#)11-15 Post
https://steemit.com/monero/@daverex/crypto-market-roundup-11-15-6-23-2017

(#) 16-20+1 Post
https://steemit.com/bitcoin/@daverex/5-crypto-market-roundup-16-20-6-25-2017

(#) 22 Post
https://steemit.com/bitcoin/@daverex/trade-alert-june-25th-2017

(#) 23-27 Post
https://steemit.com/bitcoin/@daverex/5-crypto-market-roundup-23-27-6-26-2017


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Great advice! I noticed you removed Cloak from your portfolio. When do you think its a good time to buy? Or is there a better one?

  ·  7 years ago (edited)

Good Observation! Looking at the chart above ... ill be back in by July 11th... i hope at 2 to 3 dollars or less... sold mostly at $12.

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