The Litepresence Report on Cryptocurrency

SWXq59z.gif
 

I'd be cautious... watch for a 25/50 day cross... maybe the 10/90 12h buy between the two after the cross.

Until then its just one whale making waves in a thin market.

today's action doesn't even show up on weekly candles.
 
I'd be cautious... watch for a 25/50 day cross... maybe the 10/90 12h buy between the two after the cross.

Until then its just one whale making waves in a thin market.

today's action doesn't even show up on weekly candles.

No worries, https://cryptotrader.org/strategies/zv6wmexqgxxFjRBBE ;)

My bot trades it approximately once a day and so my own enthousiasm is only of limited influence on my overall funds and position.

That said, I think the action of today is noticeable:

On LTC/BTC https://bitcoinwisdom.com/markets/btce/ltcbtc (6h) You'll see that this is the biggest and (when it holds for another 3h) second longest bull rally since May.

This into a BTC rally. If I wake up in 12hrs and its higher than 0.0046 i'll give it better than 50% odds that we'll see 0.02 before april. (in other words, I would take a small bet ;) )
 
Volume now over 150 Million LTC on OKCoin (quite retarded since there are only 50 million or so out there) the highest since May. (day is not over yet)

And over 30 yuan it goes again!

Edit: Volume on OKCoin to break the daily record, 90% of record on huobi, short at your own peril! Double top I say! Goodnight.
 
Last edited:
Wau! what a massive blowup :)
Seems very similar to the end of may 2016 scenario when a similar longterm key resistance was broken.

Notice that it was BTCUSD resistance that governed this blowup (china broke it much earlier, but the resistance price level should be reevaluated for the depreciating yuan thou...)
Screen%20Shot%202016-12-24%20at%2002.11.25_zpsl14ulfki.png


I guess there are two short term scenarios, first similar to the end of may 2106, where the rize happened in a form of "steps"
and the second where it is more sawtooth like, example the october 2016 rize.

At the moment the "hyper support" holds well.
Screen%20Shot%202016-12-24%20at%2002.09.54_zps37ki6ng2.png

Screen%20Shot%202016-12-24%20at%2002.08.12_zpsppsuaety.png


after the hyper support gets broken, we could see one of the two previously mentioned scenarios, no1. a horizontal relaxation and another step in a week or so, or no2. with a bigger sharp drop which then defines a new steeper longterm support level, but also proceeds with more choppy movement.
first scenario should bring us to the all time high resistance before it runs out. 2nd scenario should take more time, holding onto and testing the newly created support level.

but who knows
i think there is some truth in beautifully matching lines :)
goodnight
 
at the moment it seems that the first scenario is unfolding. the critical support level is defined with the last higher low (6250CNY at huobi)

Screen%20Shot%202016-12-24%20at%2019.15.34_zpsaun0kx6y.png
 
Honey Badger holds




Code:
[2016-12-24 13:18:00] Minutes of Clock Drift Algorithm/Tradewave:  0 / 411
[2016-12-24 13:18:00]  1480470120G 0R 1L :: 1.00M 1.00S 1.00N :: 0S 0B :: 2 894.93 -0.64 : 3  897.68 -0.17 : 30 804.58 0.64 :: 55T 820.28 : 55B 584.79 : 55S 0.43 ::  R2 1055.71 :: 60 779.75 0.41 : 90 763.93 0.32 : 150 734.29 0.26 :: 0O  0.89Z
[2016-12-24 13:18:00] R2>150C>H>O>3>2>C>L>55T>30>60>90>150>55B - 30s>60s>90s>150s>0

R2; aka mean overbought at btce/stamp/finex is at 1055.71 ascending about 69 cents an hour.

we're well over 55T @ 820.28; which means steel balls time until overbought, unless 12h 55 slope turns south; rising 43 cents an hour last




except for 12 hours on Nov 30th; we've been holding since Sept 2; mode is green dragon


steel balls
 
I just released a 25 tweet storm on protein folding news.

PROTEIN FOLDING IS HOT DEC 2016


Insider Trading has spiked in Dec 2016; last week an insider half a million dollars of PTI cap $2million.

InsiderTradesChart.ashx.png

PTI and Amicus (protein folding stocks) both shifted to consensus BUY rating

Multiple major medical universities announced significant folding discoveries.

Elon Musk is launching a new folding platform.

School districts are adding computers to folding@home by the 1000's

multiple Major Awards granted to folding scientists.



check out @foldingcoin



much more here:

https://twitter.com/oraclepresence/with_replies
 
#foldingcoin #curecoin

Protein Folding Stocks "Consensus Buy":

AMICUS, PROTEOSTASIS and PEREGRINE



Brokerages Set Proteostasis Therapeutics Inc. (PTI) Target Price at ...

The Cerbat Gem-11 hours ago
Proteostasis Therapeutics logo Shares of Proteostasis Therapeutics Inc. (NASDAQ:PTI) have earned a consensus recommendation of “Buy” ...

Proteostasis Therapeutics Inc. (PTI) Soars 5.66% on December 23
Equities.com-Dec 23, 2016
Todays stocks: The Franklin M. Berger invests in 40000 by the ...
DailyQuint-19 hours ago
Stock Update: Estimates & Target in Focus for Proteostasis ...
CSZ News-Dec 23, 2016View all

Franklin M. Berger Buys 40000 Shares of Proteostasis Therapeutics ...

The Cerbat Gem-Dec 21, 2016
Proteostasis Therapeutics logo Proteostasis Therapeutics Inc. (NASDAQ:PTI) Director Franklin M. Berger purchased 40,000 shares of the ...

Proteostasis Therapeutics Inc. (PTI) Receives Consensus Rating of ...
BBNS-Dec 21, 2016


Amicus Therapeutics to Present at the 35th Annual J.P. Morgan ...

Nasdaq-Dec 23, 2016
23, 2016 (GLOBE NEWSWIRE) -- Amicus Therapeutics (Nasdaq:FOLD), a global biotechnology company at the forefront of therapies for rare ...

Insider Trading Activity Amicus Therapeutics Inc. (NASDAQ:FOLD ...
Market Exclusive-5 hours ago
Amicus Therapeutics Inc. (FOLD) Soars 10.15% on December 23
Equities.com-Dec 23, 2016
Stock Mover of the Day: Amicus Therapeutics, Inc. Just Recorded A ...
Frisco Fastball-Dec 23, 2016
Highly Traded Stock: Amicus Therapeutics, Inc. (NASDAQ:FOLD)
FactsReporter-Dec 23, 2016






Company Watch for Peregrine Pharmaceuticals, Inc. (NASDAQ:PPHM)

Business Daily Leader-57 minutes ago
Investors may be checking in on the status of Peregrine Pharmaceuticals, Inc. (NASDAQ:PPHM) shares. The company presently has an EV (Enterprise Value) of ...

Community Financial News
Unusual Volume Spikes For: Peregrine Pharmaceuticals, Inc ...

FactsReporter-Dec 23, 2016
Peregrine Pharmaceuticals, Inc. (NASDAQ:PPHM) belonging to the Medical sector has surged 0.72% and closed its last trading session at ...

Peregrine Pharmaceuticals Inc. (PPHM) Upgraded by Zacks ...
Community Financial News-Dec 23, 2016
Peregrine Pharmaceuticals Inc. (NASDAQ:PPHM) has industry P/E ...
The Newburgh Press-Dec 23, 2016View all



Peregrine Pharmaceuticals Reported Stellar Quarterly Results - So ...

Seeking Alpha-Dec 15, 2016
Peregrine Pharmaceuticals, Inc. (NASDAQ:PPHM) is a biopharmaceutical company. The company operates through two segments: Peregrine, ...

Featured Stock to See: Peregrine Pharmaceuticals, Inc. (NASDAQ ...
FactsReporter-Dec 15, 2016View all
 
Last edited:
Not much care for big pharma. They only care about themselves and their bottom line.

None of these are "big pharma" in the bayer, merck, phizer, johnson&johnson sense... all three stocks are market cap of about $2m each; they're startups using computer simulations to fold proteins to CURE genetic disorders; this is small cap independent venture medical frontlines not mass production of xanax and prozac. Most of them have been sliding for a while, but all are in the past week rated very highly.
 
ringing in this bitcoin rally with a freezer full of black bear meat has been really nice

bear meatballs for christmas

:D
 
Can i get mine back please? :)

i was betting on a much longer consolidation phase and a bigger drop. closed half of my position at the worst possible time.
but what to do, i try to be very cautious with my leveraged part of the position.
 
Back
Top