NEO AND QTUM INTRADAY CHARTS

in #cryptocurrency8 years ago


Hacked

GOOD MORNING STEEMIT!

So that was it... The Bitcoin Gold hard fork has been successfully completed. Not too many bells and whistles in the end, but people are obviously dumping both their Bitcoin Gold and the extra Bitcoin that they stockpiled to receive it, in favour of altcoins that had sold off way too far.

I wanted to share a couple of charts of my favourites, QTUM and NEO. They're both intraday charts where you see that after major support held, price then broke out of their bearish trend lines:

QTUM/USD 4 Hourly

NEO/USD 4 Hourly

From here, previous short term resistance turned support (at the rays) and price has continued higher as a result. I just really love that even during the huge selloff that we saw, even these intraday levels were still respected. That is a fantastic sign for bulls and long term holders.

Fuck Bitcoin Cash, Bitcoin Gold Bitcoin2x and whatever rubbish split is next. Bitcoin is king and no fork is going to change that fact.

Have a great day!

Peace.




Please leave a comment with your ideas or just share a chart.

Blogging about markets is all about sharing ideas and making us see all possible angles. I look forward to having you follow along and reading what you throw at me.

Twitter: @forexbrokr
Instagram: @forexbrokr
Website: www.forexbrokr.com

Sort:  

I love reading it and I'm excited investing in cryptos.
My problem is I don't know how to read them graphs/charts.

price then broke out of their bearish trend lines:
previous short term resistance turned support

Whhaaat? I don't understand. I would love to learn, maybe you can direct me where to learn all this... like say trading for dummies or something like that

All I know is buy when low sell when high...

Check out the BabyPips School here - https://www.babypips.com/learn/forex

It's a forex specific rundown, but trading cryptos and forex uses the same basic elements. Especially in technical analysis. This is the perfect place to start.

thank you very much for that ... already starting reading it... It will definitely help me a lot.

@webcoop - I love your honesty. That's the best way to learn :) I learn from watching videos here on Steemit - good luck

Thanks @katyclark - well I have to be honest, I will be just kidding my self if I pretend I know something ... not to mention losing money trading blindly 😉

I'm currently on to that link that @forexbrokr posted - BabyPips School here - https://www.babypips.com/learn/forex

Very good reading

Heck ya man. I have to check out QTUM, but Neo is doing what it's supposed to do. Its my 2nd largest position now.

I 💚 NEO. If banks weren't fucking me around (again) I'd be tempted to buy some more.

Have a look at QTUM. Sort of an ETH + BTC hybrid doing some cool things.

Neo is my favorite coin in all currencies. The reason is Gas.
All other coins are like land property, which increases your wealth with increase in the land value. Whereas Neo is like a rental building property on top of the land property. Neo not only increases in value with increase in land value, but also brings you rental income in form of GAS.
Neo is awesome. Absolutely love Neo.

That's a cool way of looking at NEO and GAS. I'm a big fan too. Now we just need the market to really agree with us and go to the moon!

Coin Marketplace

STEEM 0.13
TRX 0.34
JST 0.034
BTC 111217.61
ETH 4398.44
SBD 0.84