hector

Yes as stated am an 'unwilling investor' in this coin since a year ago, thankfully the losses to date are a single digit percentage compared to the overall gains from last year. Most coins will eventually recover provided there is some software development behind them (the same could not be said of common stocks). Such reasons could include increasing usage network effects and decreasing supply curve from mining.

At the present moment it appears to be dumping back to the baseline, but still too early to conclude that the upwards momentum has been extinguished.

Now  $ 0.003561  +122.01%

Only in crypto...

Not suggesting that anyone get into this high-risk coin. But a coin I've been invested in for over a year is finally mooning:

Nimiq - https://nimiq.com/en/

Price chart - https://price.nimiqx.com/.     $ 0.002219  +40%

Exchange - https://hitbtc.com/NIM-to-BTC

Again, stress that this is high-risk stuff but this is what a pump (and eventually dump) looks like in real-time. I am betting this has some room to run...

Now looking like a mini bull-flag. Good positive action compared to other watched stocks like MUX and FRES.

Hang Lung looks like its falling right now - maybe towards support levels in the 17s.

Why do you think its correlated with silver/gold?

Yes, gold is exhibiting inverse correlation with stock markets - gold stocks could potentially be a perfect hedge. Might be a good idea to buy dividend paying gold/silver producers at support levels.

Despite gold's good day, GCM remains bidless. Not a good look on the chart, MAs could be pierced soon.

If the FTSE wasn't currently dropping I would have put a punt on this one while it was briefly below 900 today... alas.

Good observations. Based on gold's action today, I'm feeling confident again that you're right and that we might touch 2.90 sometime next week.

Gold in sterling is making a run for it. Perfect storm with brexit, trade fears etc.

Don't want to rain on the parade but looks suspiciously like a head and shoulders formation on the weekly. Probably bearish.

Quote is now 2.37-39

Delayed L2 on stockhouse, stockwatch showing 14k @ 2.3, hmm...

Edit: looks like trade for 100k went through just now. Breakout imminent, last chance etc.

Nice recovery by gold looks like we will be breaking 2.30 shortly

Only 64k shares left on $2.30 - breakout imminent?

https://www.fool.co.uk/investing/2018/09/30/could-the-bitcoin-price-crash-to-under-1/

Ripple is moving so fast these days, that article is already out of date. Currently 53c on coinmarketcap.

On the brink

Sterling weakness will send this even higher

Gold in sterling is making a break for it

I think it's finally begun

Do you guys have a stop loss price?

Thank you for the technical analysis - something I am not experienced at to the level you are.

I think you are right. No real urgency - let bitcoin lead the alts down first.

How attractive do you think Litecoin looks?

Can it retest the $400 level?

15 minutes ago, drbubb said:

Yeah.  maybe fewer surprises.

BTW, what time frames do you trade?

I don't actually day trade but I've observed the market for over a year like you and have experience holding positions over several months. 

I think there's little reward for the accompanying stress trading the current market regime. My goal is to continue focusing on strategic medium to long term positions. At the moment the only thing to do is wait, I think bitcoin can go a whole lot lower when the block size issue and the failure of the lightning network is properly priced in. 

I will go long when mainstream media proclaims the death of crypto once again. Honey badger don't care. 

I'd say the trading is still easier than fx pairs. Still, not as easy as last year