Tag Archives: Bitcoin

Bitcoin charts establish support at 7787 but recent momentum goes negative

It seems that this support was establish at 7787 with Fib level .618 using hourly data over the last 24 hours. Analytic charts are included so this is not just hunches. This is actual charts data from a real crypto exchange!

See the latest charts here

https://quantlabs.net/blog/2019/05/bitcoin-charts-shows-support-at-7787-but-recent-momentum-goes-negative/

 

Remember I use Kraken data where this is Bitcoin against the US Dollar.  The charts are in the post. Let me know what you think of this analysis.

 

https://quantlabs.net/academy/quant-analytics/

 

Note that a live event will take place this Monday at 12 noon EDT (same as NYC) to discuss the latest results of both these new Kraken and Forex bots. I will send out the log in info with notices in the next few emails. You can also view it on my blog or at the Facebook.com/quantlabsnet page under the Events tab.

 

Thanks Bryan

 

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

Bitcoin charts shows support at 7787 but recent momentum goes negative

It seems that this support was establish at 7787 with Fib level .618 using hourly data over the last 24 hours. Analytic charts are included so this is not just hunches. This is actual data from a real crypto exchange!

 

Remember I use Kraken data where this is Bitcoin against the US Dollar.  The charts are in the post. Let me know what you think of this analysis.

Quant Analytics

All these charts will be updated as part of my Analytics service listed here. Also, note that this is the lower monthly price you will get right now. Signals will be included so price will go up soon as well.  The Word document highlights over 18 potential other big alt coins.

Charts were drawn by using this course I created

Python Algo Trading Infrastructure with Crypto Currency

 

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

Craig Wright gets BTC copyright so will Bitcoin die?

I posted an opinion video about Craig Wright getting a copyright for Bitcoin source code and early documents. This was posted on Youtube but I got detailed comment on what is really going on with this:

Hi Bryan, thanks for this news update. No worries about BTC, it’s just the copyright registration that got confirmed, this neither validates the claim nor copyrights anything, this news means nothing. Everyone can do this if they wanted, the opposing copyright claimers could then chose to sue each other in an attempt to prove their claim but nobody else interferes automatically. If anyone cared enough about this, they could do a massive copyright registration as a protest so he had to sue thousands, but why bother with this clown. It is all contradictory with the MIT license the BTC code was published on, if this ever was meant to be copyrighted then it would not have been opensource ofcourse. BSV pumps because it is heavily centralized, not many miners left and they could just mine BTC for a few weeks, now pump it into BSV to fake a news response, algos just follow pumps. Their delisting from major exchange has a perverse effect, the real volume needed to pump it is greatly reduced, if this was still listed on exchanges like Binance it would need millions of dollars to keep the price up like today. Gonna be interesting to see if BSV can hold this level.

Let me know what you think?

A few more notes about this Kraken bot here:

Cryptocurrency Risk on volume weighted average price stat is negative since May 16

It seems that the cryptocurrency is more negative than positive. I have also tested many different threshold to have higher probability of profit. It seems that this volume weighted average price metric needs to be at close around 2. Here the average is -0.21 which shows the amount of downward pressure on the entire asset class.

How is this volume weighted average price calculated?

I use the volume and hourly price of BTC, ETH, LTC, ETC, and BCH to measure it. This is also measured hourly as you can find in the image.

What does this mean?

It seems that the space is more negative with whipsaws that take out open positions. They come out of nowhere which means you get a very high probability of losing positions. It seems that is quite difficult to trade in these conditions. When the overall crypto space (usually driven by the performance of BTC), it seems the trading conditions are never good to fight upstream a surging river. I have tested this since Friday these conditions. Over the last 24 hours, it just seems there are more negative positions than positive even if this average price hits close to 0.94.

As a result, it might be best just to wait it out until automated trading kicks when this average price hits around 1.5 or 2 for higher probability of winning positions. How often this happens is another question. We shall be ready when it does happen.

Want to build a crypto currency bot under great market conditions? You can profit a lot when it hits!

https://quantlabs.net/academy/python-algo-trading-infrastructure-with-crypto-currency/

 

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

Will Bitcoin SV or BTC die over long wrong as Craig Wright gets copywrite?

I thought Bitcoin was about not being controlled by a corporation or a person when it was created by Satoshi? Call me confused

 

https://www.instagram.com/tv/BxvrY5tAJ4e/

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

Algo trading bot called Kraken crypto currency bitcoin profit machine

Holy. Did this thing make in excess of 10% last night. The crypto asset class weighted average exceeded 4.5% for 3 hours. This was on the Kraken crypto currency market. As a result, this bot became very active with some juicy profit. I show this in my positions log with big trades with Bitcoin, Ethereum, and BItcoin Cash. Booya !

Here is an example big trade you could make with Bitcoin in a manner of hours!

Learn more here

https://quantlabs.net/blog/2019/05/new-algo-trading-bot-called-kraken-crypto-currency-bitcoin-profit-machine/

INFO:root:2019-05-18 22:06:47.840887 Exit potential BTCUSD ROCP 0.0522241871854169 TotAskQty 16.310999999999996 totBidQty 47.02700000000001 Level 1.0 7810.9

INFO:root:2019-05-18 22:06:47.974536 Exited pnl 189.89999999999964 Current Close 7734.9 Original Close 7545.0 Qty <class ‘str’

Why are you getting these results? Learn this trading framework now before I double the price!!!!

https://quantlabs.net/academy/python-algo-trading-infrastructure-with-crypto-currency/

Don’t forget about the webinar today!!

New Kraken crypto currency markets Bot video Q&A webinar

will take questions and answer on this new Kraken crypto currency markets trading bot. A video was recorded so question based on that you see here. I will be making this replay and video private within a few days after the event!

Bryan Downing is inviting you to a scheduled Zoom meeting.

Topic: New Kraken Bot video Q&A webinar
Time: May 20, 2019 12:00 PM Eastern Time (US and Canada)

Join Zoom Meeting
https://zoom.us/j/694066636

One tap mobile
+16465588656,,694066636# US (New York)
+16699006833,,694066636# US (San Jose)

Dial by your location
+1 646 558 8656 US (New York)
+1 669 900 6833 US (San Jose)
Meeting ID: 694 066 636
Find your local number: https://zoom.us/u/ac8lNIa1ua

https://quantlabs.net/blog/2019/05/new-kraken-crypto-currency-markets-bot-video-qa-webinar/

Thanks for reading

Bryan

 

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

Bitcoin hit 7000 Ethereum hit 201 but note cancelled FIbonacci webinar tomorrow

Bitcoin went from 5500 to 7000 USD in less than a week. That is a 27% rise! I analyze the other big 2 including ETH and XRP. See my discovery in this video as well

You really want to miss out on this next big move opportunity could have with Bitcoin? You might want to get that right away

https://quantlabs.net/blog/2019/05/bitcoin-hit-7000-ethereum-hit-201-while-ripple-too-volatile/

IMPORTANT NOTE:

I will be cancelling tomorrow webinar on Fibonacci levels due to very painful ear infection I have over the last few days. Sorry about that.

Thanks Bryan

 

 

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

Bitcoin hit 7000 Ethereum hit 201 while Ripple too volatile

Bitcoin went from 5500 to 7000 USD in less than a week. That is a 27% rise! I analyze the other big 2 including ETH and XRP. See my discovery in this video as well

You really want to miss out on this next big move opportunity could have with Bitcoin? You might want to get that right away

 

Python Algo Trading Infrastructure with Crypto Currency

 

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

Bitcoin Ethereum continue pushing up with new support levels

The new pricing action of both Bitcoin and Ethereum is establishing new support levels as both coins do well against the US Dollar. I use USDT (also known as Tether) according to Binance. This shows it might time to jump back in.

This will be part of my Analytics service while it is prices very low. I will be raising the price soon so take advantage while you can!

Quant Analytics

Don’t forget about our upcoming webinar this Monday on Fibonacci levels

fibonacci levels webinar as gambler cracked the horse racing code

 

 

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

Todays technical analysis on Bitcoin Etherereum BTCETH crypto AltCoins

This analysis include BTCETH found on Binance

Here is the outlook

ltceth
bnbeth
xmreth
xmrbtc
ethbtc
neoeth
SCBTC
ADABTC

 

Potential entries
ETHBTC
BTC USDT
ETH USDT

WATCHLIST
LTCUSDT

 

 

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

John McAfee Says Spoke with Bitcoin Crypto Creator Who is Now Mad

Despite what you think of John McFee, he was another ‘pioneer’ who lead me into crypto despite his privacy stance. After further research, my opinion has changed as well on this guy. Also, I am not into the gossip unature of the crypto currency space but this one I could not ignore. It did light up my Facebook programming group. Here was the article:

https://www.ccn.com/mcafee-satoshi-nakamoto-furious/amp

Bless his little heart. Anyhow, here is what others in this group said:

  • He won’t stop 😂
  • i only post entertainment purposes
  • McAfee is the rockstar of trolling. He is a master of social engineering
  • I think too much cocaine produces that behaviour

Pretty funny indeed? I did post some further news on this in the group. It seems no one saw it.

Bad bugs can cost you huge in early cryptocurrency bot development

Outside of the usual conspiracy theories, it seems that bugs will kill you in the world of early bot development. I posted a usuall video here

As a result of this, I will be posting another private video for my ELITE members on the solution.

Get the limited ELITE offering here

https://quantlabs.net/academy/introduction-quant-elite-membership/

Thanks Bryan

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!