Coinmarketcap Blockfolio tracker

Ö | Weekly Snapshot Aug 24-30

By Bayarizard | C.A.S.H. | 25 Aug 2020


*ahem*

 

I don't really swing trade anymore, even though I have had successes [& failures] with it, but you can read about those in my first C.A.S.H. article. I do love to do technical analysis, which thus far was lacking in my research articles leading up to this point.

The following are Crypto that I already have, or are dollar cost averaging into; these are the projects I personally believe could push a global economy to mind-boggling market capitalizations currently unthinkable. By showing these, and my opinions, I hope to aid in your research and provide entertainment, but it is always recommended to seek professional financial advise, and not to try what I do at home :)

If a Crypto is highlighted, it's a link to a personal analysis; and for first timers -- "Sats" or Satoshis are 0.00000001 of one Bitcoin. Let's begin shall we? :)

 

The Charts

  • Basic Attention Token [BAT] -- According to Coinbase, BAT is most correlated to 0x [at 90%]; The price is currently at USD$0.381 or 3,260 Sats
Brave

  • Crypto.com [CRO] -- Recently, CRO has been 95% correlated with Cardano & 93% with VeChain; The price is currently at USD$0.173 or 1,485 Sats
Cro

  • Theta [THETA] -- No coorelation analysis available on Coinbase at the moment; but, the price is currently at USD$0.524 or 4,480 Sats
Theta

  • Theta Feul [TFEUL] -- Same as THETA; Though TFEUL's has risen over the past few weeks, and is currently at USD$0.0131 or 112 Sats
Tf

  • Nexo [NEXO] -- The highest  correlations NEXO has are to Kyber Network at 53% & Cardano at 52%; The price is currently at USD$0.132 or 1,129 Sats
 
Finally

  • Energi [NRG] -- According to Coinbase, NRG has an inverse correlation to almost everything -63% to Kyber Network; The price is currently at USD$1.80 or 15,340 Sats
Yup

  • Chainlink [LINK] -- Algorand & Cosmos are both 97% correlated to LINK; The price is currently at USD$14.94 or 127,598 Sats
Link

  • Litecoin [LTC] -- LTC is coorelated 98% with BTC & 97% with BCH. The price is currently at USD$61.22 or 522,928 Sats
Light

  • Bitcoin Cash [BCH] -- BCH currently is 98% correlated to BTC; The price is currently sits at USD$287.25 or 2,453,778 Sats
Easy

  • Binance Coin [BNB] -- BNB is 88% correlated to LINK; The price is currently at USD$22.35 or 190,912 Sats
Got em

  • Ethereum [ETH] -- ETH's two highest correlations are both 98% with XRP & Monero.  The price is currently at USD$402.40 or 3,436,801 Sats
Eth

  • Tezos [XTZ] -- XTZ's highest coorelation with anything is BAT at 66% according to Coinbase. The price is currently at USD$3.62 or 30,945 Sats
Xtz

  • Dogecoin [DOGE] -- DOGE & Vechain have the highest coorelation at 78% - and also as of this week, the price is currently at USD$0.0034 or 29 Sats
Doggies

  • Enji [ENJ] -- The price is currently at USD$0.234 or 2,002 Sats
Nj

  • Electroneum [ETN] -- As of this week, ETN was -77% inversely correlated to CRO; The price is currently at USD$0.006 or 51 Sats
Zap

  • TRON [TRON] -- Besides the earlier stated CRO, TRON is 89% correlated to NEO; The price is currently at USD$0.0246 or 211 Sats
Done

Conclusion

Markets so researched. much money yours. I do use both Fibonacci circles and trend lines to make my trades, but since I'm not a financial advisor ... I'll just leave the pictures as art, and ask how do you trade? Which Crypto? How is your Blockfolio doing this week?

How do you rate this article?

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Bayarizard
Bayarizard

A Crypto Activist StakeHodler trying to stabilize and grow the digital asset space one post and investment at a time. Instagram, Twitter & Pinterest: @Bayarizard


C.A.S.H.
C.A.S.H.

Crypto Activist Stake-HodLing (C.A.S.H.) -- keeping & collateralizing all that you earn -- gravitates others toward you; being the center of your own universe starts online, here with you

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