The Litepresence Report on Cryptocurrency

[FSP-Rebel]

Someone sold the shit out of litecoin this morning.

 

[bitman]

Seems all is going according to plan


China wants to go up up up, it already broke through the 5200 CNY resistance.
USD based market is a little more conservative, obeying the support lines very nicely, peacefully rising according to the trend line, waiting to pop the 780 USD resistance.


it seems that it is just a matter of time till USD market pops through the resistance. unless the support trendline is broken, which seems unlikely.
there is a great probability that an even steeper trendline gets established after the USD pop. that would make it the third bull trendline since the summer bitfinex incident.


if the third trendline holds, that could give us enough force to break through the all time highs and possibly establish a full blown moon launch.
and that would give us a new full blown parabolic blowout. let us not forget that we had halvening in summer which i believe additionally supports such a scenario.
but enough storytelling, wishful thinking doesnt make money, playing safe does and playing according to the support lines seems as safe as it gets.

shame about the LTC, seems to me like its slowly dying

 

[fatjohn]

 

[kfarnan]

Up and away.

 

[presence]

btce, huobi, stamp all over June 2015 prices;
we're at the highest btc price in almost 3 years now;
not since the Feb 2014 consolidation before the plummet

honey badger holds BTC
mode is green dragon
instant overbought at 969 rising $4.75 daily

 

[presence]

ETH/BTC past 60 minutes at ~4 second resolution

This is an authenticated connection to poloniex via python terminal;
then depth of market heat map from streaming orderbook via matplotlib and numpy

large orders are volume weighted gold; small orders are black

ticker is red and volume weighted

all orders are in turquoise w/ line

day 2 of my pet project; yesterday was 1st authentication to polo

tomorrow ta-lib

 

[LibertyClick]

So what do you all think.... after this bull run, will there be a day to buy sub 800 bitcoin later?

 

[presence]

https://poloniex.com/exchange#btc_fldc

 

[presence]

this weeks altcoin pics at polo

http://pastebin.com/

 

[FSP-Rebel]

this weeks altcoin pics at polo

http://pastebin.com/

You're kidding with that I hope. We just went over $800 on western exchanges for the first time since the drowningfest in early '14, so I was expecting more out of you.

 

[presence]

You're kidding with that I hope. We just went over $800 on western exchanges for the first time since the drowningfest in early '14, so I was expecting more out of you.

nope

far from overbought

algo says moon on; overbought is purple line approaching $1000

I had a little flinch at the end of november when 12h sma54 went horizontal for 24 hours... other than that all systems green dragon



its about to get serious

 

[kfarnan]

this weeks altcoin pics at polo

http://pastebin.com/

What does it say. Can't see charts?

 

[presence]

What does it say. Can't see charts?

oops... something went wrong when I copied it

try this instead

http://pastebin.com/Xyz9Hy4w

[h=2][/h]

I'm very bullish

I'm acquiring altcoins; criteria:

minimum price 100 sat
linear support for all of 2016
making the 25/50 daily candle cross
buying the 25 day sma

Specifically I like FLDC
for more on that see:
https://tradewave-discourse-uploads....dcbd5ea49a.png


whatever I acquire I'm dumping at (2X, 3X, 4X...etc to 10X) in equal parts



on those criteria, also watching:

BURST (hasn't crossed yet but close)
CURE (hasn't crossed yet but close)
DASH (hasn't crossed yet but close)
EMC2 (1 year solid... approaching cross)
ETC (lacks long linear otherwise looks good)
FCT (crossed... waiting for pullback to daily 25)
GRC (steady slide for long time but still over 2015 low)
HUC (hasn't crossed yet)
IOC (just crossed seems solid)
MAID (just crossed waiting on pullback to 25 day)
NAUT (hasn't crossed yet, but close)
NOES (hasn't crossed yet, but close, seems very solid)
POT (just crossed and pulled back, solid, very trolltastic)
QBK (2 years solid, just made the cross)
RADS (6 months solid... approaching crossover)
RUBY (2 years solid...crossed 2 weeks back... breaking out)
VIA (1 years solid linear... just crossed)
XBC (1 year solid linear... approaching cross)
XCP (1 year solid... approaching cross)
XEM (1 year solid... approaching cross)
XMR (2 years solid... recently crossed... on support BUY! )


^^^ that right there, if you follow above mentioned entrance criteria, is a solid portfolio

I can't bother with the BTCe oldskool alts; LTC, PPC, NMC all sliding no bottom in sight

pretty much all other alts are toxic... stay away​

 

[presence]

 

[RonPaulIsGreat]

Except for 3-4 months starting in DEC 2013 anyone that purchased bitcoin ever is up on paper anyway!! Supposedly some medium sized funds are soliciting big chunks of BTC from mining pools. Who knows if the reporting is legit or not though.

https://twitter.com/BitfuryGeorge/status/811563784682819584

 

[presence]

nope

far from overbought

[]

its about to get serious

boom

 

[presence]

Except for 3-4 months starting in DEC 2013 anyone that purchased bitcoin ever is up on paper anyway!! Supposedly some medium sized funds are soliciting big chunks of BTC from mining pools. Who knows if the reporting is legit or not though.

https://twitter.com/BitfuryGeorge/status/811563784682819584

that's huge

 

[kfarnan]

to the moon

 

[presence]

 

[presence]

Bitcoin NEW all time high Market Cap