PnF TA

[Bit2EZ]

Where do you think the bottom is for NXT? Seems there is too much resistance at 2000 for XEM to make any serious advance.

[klee]

Where do you think the bottom is for NXT? Seems there is too much resistance at 2000 for XEM to make any serious advance.

So you ask for NXT or XEM? I am confused...

[Bit2EZ]

Sorry was partly responding to your previous reply to me. XEM seems to have hit a wall and is falling back to 900, but I am asking about NXT rather than XEM!

[klee]

Sorry was partly responding to your previous reply to me. XEM seems to have hit a wall and is falling back to 900, but I am asking about NXT rather than XEM!

2000 is very good support for NXT, unless BTC breaks 725

[Totalreturnfund]

Above 55 this will test 75 65-90 area:



Already gave a signal at 55 (though 56 would be stronger).

WoW! It's my first time i see someone using a P&F chart!

[Kramerc]

I am bringing fundamentals because XMR 'sucked' all it had to suck while NXT 'leaked' all it had to leak.
So market caps will reverse now (as weekly RS did, see below).

The shorter term RS posted above shows that even when NXT bottomed was still stronger than XMR.

Imagine now, that there is no NXT but Ardor, a new coin!! (Fundamentals again).

You really thing XMR can compete (even in market cap RS) with a new coin FOMOing? Some fundamentals (new coin) ARE Technicals.

One has to look at the individual P&F charts (NXTBTC, XMRBTC) too.

NXT worst day was 900 satoshi, I am sorry for you but it WON'T go lower, not under these circumstances (fundamentals and TA).
While XMR will struggle to break 300-350 area.

So I don't see the catapult you are dreaming but a quadruple top break.

Also, even after yesterday's NXT dump and XMR pump, RS is still the same.

You play the column here (more long term chart). Now you should be in NXT, get over it.

If I had the data I could do a market cap RS but not easy as you understand. In the future I will do stuff like this, now I have some other projects to finish..

All P&F charts at top look uber bullish, on bottom uber bearish (Dorsey Wright). Time for a reversal (weekly RS says so too).

So we have 2 assets, 1 was in severe bear market but still stronger than the other, it is reversing and we will be on the loser?
Play the winners.

PS: You did not answer me on your trick to compare the 2 coins market caps in different tops (and not both on their ATH).

You are working under the premises that NXT won't go lower, XMR won't go higher, premises which may or may not be correct. You are also advising buying a dead cat bounce (until proven otherwise) over to buying a coin that's constantly making higher highs (and ATHs in market cap terms). And while I appreciate the Dorsey Wright quote, and consider it to be true, the bottom and the top are simply not evident until after the fact. So what might look like "THE BOTTOM" or "THE TOP", might only be a short stop in the direction of the dominant trend.

So we have 2 assets, 1 was in severe bear market but still stronger than the other, it is reversing and we will be on the loser?
Play the winners.

If one just got out of the bear market, surely it needs time before the wheels start spinning at full velocity. The other one already gathered momentum, and maybe, just maybe, is ready to burst.

Regarding the market cap point that you're making, you simply take arbitrary numbers, multiply them and poof, there goes your conclusion. For instance, you use NXT at .00015, when the actual price is "only" 5 times lower... so you're proposing a 500% increase in price based on what exactly?

This is my last post on the subject, happy trading.

[klee]

I am bringing fundamentals because XMR 'sucked' all it had to suck while NXT 'leaked' all it had to leak.
So market caps will reverse now (as weekly RS did, see below).

The shorter term RS posted above shows that even when NXT bottomed was still stronger than XMR.

Imagine now, that there is no NXT but Ardor, a new coin!! (Fundamentals again).

You really thing XMR can compete (even in market cap RS) with a new coin FOMOing? Some fundamentals (new coin) ARE Technicals.

One has to look at the individual P&F charts (NXTBTC, XMRBTC) too.

NXT worst day was 900 satoshi, I am sorry for you but it WON'T go lower, not under these circumstances (fundamentals and TA).
While XMR will struggle to break 300-350 area.

So I don't see the catapult you are dreaming but a quadruple top break.

Also, even after yesterday's NXT dump and XMR pump, RS is still the same.

You play the column here (more long term chart). Now you should be in NXT, get over it.

If I had the data I could do a market cap RS but not easy as you understand. In the future I will do stuff like this, now I have some other projects to finish..

All P&F charts at top look uber bullish, on bottom uber bearish (Dorsey Wright). Time for a reversal (weekly RS says so too).

So we have 2 assets, 1 was in severe bear market but still stronger than the other, it is reversing and we will be on the loser?
Play the winners.

PS: You did not answer me on your trick to compare the 2 coins market caps in different tops (and not both on their ATH).

You are working under the premises that NXT won't go lower, XMR won't go higher, premises which may or may not be correct. You are also advising buying a dead cat bounce (until proven otherwise) over to buying a coin that's constantly making higher highs (and ATHs in market cap terms). And while I appreciate the Dorsey Wright quote, and consider it to be true, the bottom and the top are simply not evident until after the fact. So what might look like "THE BOTTOM" or "THE TOP", might only be a short stop in the direction of the dominant trend.

So we have 2 assets, 1 was in severe bear market but still stronger than the other, it is reversing and we will be on the loser?
Play the winners.

If one just got out of the bear market, surely it needs time before the wheels start spinning at full velocity. The other one already gathered momentum, and maybe, just maybe, is ready to burst.

Regarding the market cap point that you're making, you simply take arbitrary numbers, multiply them and poof, there goes your conclusion. For instance, you use NXT at .00015, when the actual price is "only" 5 times lower... so you're proposing a 500% increase in price based on what exactly?

This is my last post on the subject, happy trading.

Do I really have to do this?

No.

[klee]

I am bringing fundamentals because XMR 'sucked' all it had to suck while NXT 'leaked' all it had to leak.
So market caps will reverse now (as weekly RS did, see below).

The shorter term RS posted above shows that even when NXT bottomed was still stronger than XMR.

Imagine now, that there is no NXT but Ardor, a new coin!! (Fundamentals again).

You really thing XMR can compete (even in market cap RS) with a new coin FOMOing? Some fundamentals (new coin) ARE Technicals.

One has to look at the individual P&F charts (NXTBTC, XMRBTC) too.

NXT worst day was 900 satoshi, I am sorry for you but it WON'T go lower, not under these circumstances (fundamentals and TA).
While XMR will struggle to break 300-350 area.

So I don't see the catapult you are dreaming but a quadruple top break.

Also, even after yesterday's NXT dump and XMR pump, RS is still the same.

You play the column here (more long term chart). Now you should be in NXT, get over it.

If I had the data I could do a market cap RS but not easy as you understand. In the future I will do stuff like this, now I have some other projects to finish..

All P&F charts at top look uber bullish, on bottom uber bearish (Dorsey Wright). Time for a reversal (weekly RS says so too).

So we have 2 assets, 1 was in severe bear market but still stronger than the other, it is reversing and we will be on the loser?
Play the winners.

PS: You did not answer me on your trick to compare the 2 coins market caps in different tops (and not both on their ATH).

You are working under the premises that NXT won't go lower, XMR won't go higher, premises which may or may not be correct. You are also advising buying a dead cat bounce (until proven otherwise) over to buying a coin that's constantly making higher highs (and ATHs in market cap terms). And while I appreciate the Dorsey Wright quote, and consider it to be true, the bottom and the top are simply not evident until after the fact. So what might look like "THE BOTTOM" or "THE TOP", might only be a short stop in the direction of the dominant trend.

So we have 2 assets, 1 was in severe bear market but still stronger than the other, it is reversing and we will be on the loser?
Play the winners.

If one just got out of the bear market, surely it needs time before the wheels start spinning at full velocity. The other one already gathered momentum, and maybe, just maybe, is ready to burst.

Regarding the market cap point that you're making, you simply take arbitrary numbers, multiply them and poof, there goes your conclusion. For instance, you use NXT at .00015, when the actual price is "only" 5 times lower... so you're proposing a 500% increase in price based on what exactly?

This is my last post on the subject, happy trading.

Do I really have to do this?

No.

But I will! 

Later though, now I am pretty busy...

[klee]

I am bringing fundamentals because XMR 'sucked' all it had to suck while NXT 'leaked' all it had to leak.
So market caps will reverse now (as weekly RS did, see below).

The shorter term RS posted above shows that even when NXT bottomed was still stronger than XMR.

Imagine now, that there is no NXT but Ardor, a new coin!! (Fundamentals again).

You really thing XMR can compete (even in market cap RS) with a new coin FOMOing? Some fundamentals (new coin) ARE Technicals.

One has to look at the individual P&F charts (NXTBTC, XMRBTC) too.

NXT worst day was 900 satoshi, I am sorry for you but it WON'T go lower, not under these circumstances (fundamentals and TA).
While XMR will struggle to break 300-350 area.

So I don't see the catapult you are dreaming but a quadruple top break.

Also, even after yesterday's NXT dump and XMR pump, RS is still the same.

You play the column here (more long term chart). Now you should be in NXT, get over it.

If I had the data I could do a market cap RS but not easy as you understand. In the future I will do stuff like this, now I have some other projects to finish..

All P&F charts at top look uber bullish, on bottom uber bearish (Dorsey Wright). Time for a reversal (weekly RS says so too).

So we have 2 assets, 1 was in severe bear market but still stronger than the other, it is reversing and we will be on the loser?
Play the winners.

PS: You did not answer me on your trick to compare the 2 coins market caps in different tops (and not both on their ATH).

You are working under the premises that NXT won't go lower, XMR won't go higher, premises which may or may not be correct.
Of course! This is my interpretation of the charts. My opinion vs your opinion. Isn't this what people want to know from me? Unless they want your opinion of course but they will probably not ask it in here. So I say NXT bottomed and XMR will find it hard to break the 300-350 area (then it has the 370-395 even stronger order block).

You are also advising buying a dead cat bounce (until proven otherwise) over to buying a coin that's constantly making higher highs (and ATHs in market cap terms).
Dead cat? 900 -> 4500 is x5. Better go to read the definition of dead cat again.
Now I have to pause 1m to laugh.... Higher highs??? Are you f@ckin kidding me? Man are you wasting my time? Where THE FUCK did you see XMR making higher highs?? Do I even have to post candle charts???

And while I appreciate the Dorsey Wright quote, and consider it to be true, the bottom and the top are simply not evident until after the fact. So what might look like "THE BOTTOM" or "THE TOP", might only be a short stop in the direction of the dominant trend.
Short stop eh? I wanna see how many years we will have to wait for XMR to break 430s...
Again, check the 1w XMRBTC candle chart - it is in bear market if you haven't noticed...

So we have 2 assets, 1 was in severe bear market but still stronger than the other, it is reversing and we will be on the loser?
Play the winners.

If one just got out of the bear market, surely it needs time before the wheels start spinning at full velocity. The other one already gathered momentum, and maybe, just maybe, is ready to burst.
It may be ready to burst, I agree (how the heck can someone exclude that? Problem is that what you say is IRRELEVANT!
Actually what RS is good for is in 2 rallying assets (like NXT & XMR now) to find the strongest one. I am not saying that XMR may not be medium term bullish that might make a new high above 420 and that might go full bull again. I am saying NXT has strongest trend!

Regarding the market cap point that you're making, you simply take arbitrary numbers, multiply them and poof, there goes your conclusion. For instance, you use NXT at .00015, when the actual price is "only" 5 times lower... so you're proposing a 500% increase in price based on what exactly?
I think you are so confused I have to explain the basics now. Go to coinmarket cap. For both NXT and XMR. Tell me the ATH for each one. Simple. Stop using sophism.If you want to compare market caps you will do it with both ATHs or ATLs. You can use current market cap for both too but again, that says NOTHING regarding strength.

Actually, we PREFER lower market cap assets because they can freakin double, triple etc more easily!!!

This is my last post on the subject, happy trading.

Happy trading too.

As a hint, we tested XMR, MAID, FCT, SC, NXT, NAUT, DASH & XEM to find the strongest asset.
Winner was neither XMR nor NXT...

Based on my last blue comment, go figure the winner...


EDIT: Pairs were

XMRDASH
XEMMAID
FCTSC
NXTNAUT

Next stage:
XMRNAUT
MAIDFCT

Final:
NAUTFCT

Winner:
NAUT!!!!

[klee]

Just realised something.

Why are you watching coins market cap in USD??

IMO alts are only good for printing BTC - as long as BTCUSD (BTCCNY) is bullish I don't care about coin:usd pairs.
Increasing coin prices in fiat terms while BTC rallies is the low hanging fruit.

So now I will only look at this 'indicator' if BTC goes 550$ (start of a medium -maybe long- term bear trend IMHO).

Somehow we are lost in translation I think.

Anyways...

[Kramerc]

Actually, I was more interested in the BTC market cap, but the site just doesn't show it.

Meanwhile, for now, the market agrees with me. It could reverse soon .

[klee]

Actually, I was more interested in the BTC market cap, but the site just doesn't show it.

Meanwhile, for now, the market agrees with me. It could reverse soon .

Funny enough, RS charts did not change!!

Go all in NAUT, thank me later...

[klee]

Take profit between the 2 order blocks (375k)

[windjc]

Just realised something.

Why are you watching coins market cap in USD??

IMO alts are only good for printing BTC - as long as BTCUSD (BTCCNY) is bullish I don't care about coin:usd pairs.
Increasing coin prices in fiat terms while BTC rallies is the low hanging fruit.

So now I will only look at this 'indicator' if BTC goes 550$ (start of a medium -maybe long- term bear trend IMHO).

Somehow we are lost in translation I think.

Anyways...

Klee, why are you arguing with a guy that is obviously just seeing what he wants to see? If he can't understand the technicals and matching fundamentals in the current Nxt rise and is defending Xmr, he's an amateur.

[windjc]

Btw, I'd like to see you chart GAME. Somehow (actually I know how) it has slipped under most people's radar. The fundamentals are off the charts (but most aren't public yet, so we will leave that off the table for now). However, the technicals looks sexy too in my opinion. Would be interested in yours.

[klee]

Klee, why are you arguing with a guy that is obviously just seeing what he wants to see? If he can't understand the technicals and matching fundamentals in the current Nxt rise and is defending Xmr, he's an amateur.

Kramerc is a good guy and I am so much stressed with a project I am preparing now (soon I will post some details) that can't be calm enough to explain.
I mean even people at Slack can''t get the message clearly yet, where I am in there almost 24/7.
I want to write a 'manifesto' explaining things (mission, what is what I do, why, how etc) but still to find the damn time.

The main idea people have to understand is: There are no assets. Don't marry one. That is from a traders PoV of course as someone might just want to park his money in Monero stealth mode (though he always have to decide When is best to do so!).

There is only market and we wanna jump from strongest asset to the next strongest one. No point making less profit if we can maximise it, right?

So Monero 'Believers' that kept watching ETH rallying whie screaming 'Bubble! P&D! FUNDAMENTALS!!!!!' lost on profits!
Because XMR was much weaker in BTC profits until ETH topped.

Jumping from strongest asset to the next strongest one is easy if the assets are trending (eg previous ETH rally) but can be tricky with cryptos (P&Ds).
You have to buy at extreme oversold levels (eg LSK now) and see prospective winners too (eg NAUT).

Btw, I'd like to see you chart GAME. Somehow (actually I know how) it has slipped under most people's radar. The fundamentals are off the charts (but most aren't public yet, so we will leave that off the table for now). However, the technicals looks sexy too in my opinion. Would be interested in yours.

GAME doubled the money of a friend of mine after advising him to buy at around 7000!

Weren't for my BTCs to be invested elsewhere I would have bought at the 45 degree support:








It has build a very strong support at around 6000.

[klee]

XO Core (XOCR)
XO Classic (XOCL)

No plans for XO Unlimited (yet) 

 

[klee]

Above 100k, NAUT will rally hard (FOMO):




BTW, Bitcoin is doing great, I hope you accumulated at the support yesterday (575-625 sexy buy zone)!

[Wexlike]

Hey Klee, what about a bitcoin update for a change ? *hint* *hint*

[klee]

Hey Klee, what about a bitcoin update for a change ? *hint* *hint*

We tested the support (healthy), we bounced and we will test ATH.

Maybe cut it up to 1575 area before some correction and then probably more up.


550$ DOOM.