Ö | Weekly Snapshot Sept 7 - 13

By Bayarizard | C.A.S.H. | 8 Sep 2020

ahem

For those who don't know: I am dangerously leveraged; details in my first C.A.S.H. article; For HodLers who wants to know how far away from the Moon & Millionairehood you are, I wrote: Crypto Whales & charting wealth. 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. I started this series a few weeks ago -- the first of which is (linked here).

By showing my opinions: I hope to give a different perspective, and aid in your own research, while hopefully providing some entertainment; but it is always recommended to seek professional financial advise, and not to try what I do :)

For first timers -- "Sats" or Satoshis are 0.00000001 of one Bitcoin. Let's begin shall we? :)

The Charts

According to Coinbase, BAT is most correlated to the 0x Protocol [at 90%]; The price plummeted to USD$0.254 or 2,471 Sats as of writing; though I haven't sold any BAT, I have slowed adding to the list of monthly Giveaways I do. There's a high chance it can still break below the green dotted line of support, before the next accumulation phase begins.

Recently, CRO has been 95% correlated with Cardano & 93% with VeChain; The price is currently at USD$0.149 or 1,446 Sats; Just recently got my card, and can't wait to start swiping for those Crypto cashbacks: free $50 anyone?
There can still be a ways to fall during the autumn months; I hope you all have your plans at the ready if you DO happen to also own CRO :)

Still no coorelation stats available on Coinbase; but the price fell like the general Crypto markets is currently at USD$0.417 or 4,055 Sats.
THETA has likely started entering its next accumulation phase by the look of things; its upward triangle is still intact -- and after forming support on either of the dotted lines, can position itself for longer term ascension.

Same as THETA on market correlations as of writing is currently at USD$0.0084 or 82 Sats.
Though it has increased substantially, TFUEL is still able to break support on the green line -- or follow THETA token's lead, and form long-term support on the green dotted line.

The highest correlations NEXO has are still to Kyber Network at 53% & Cardano at 52%;Whether NEXO breaks support and swings lower or not, I think you all know where I stand on the subject. So, I'll just move on to the price, which is currently exchanging hands for USD$0.130 or 1,246 Sats as of writing.

According to Coinbase, NRG has an inverse correlation to Kyber Network (-63%); As of writing, NRG is currently down again this week, and sits at about USD$1.51 or 13,524 Sats

Algorand & Cosmos are still both highly correlated to LINK at 97%; the price got hammered with everyone else, and as of writing is currently at USD$12.56 or 122,039 Sats

LTC is still coorelated 98% with Bitcoin Core BTC & 97% with Bitcoin Cash BCH. The price is slightly recovered, but still down, currently at USD$48.69 or 472,335 Sats.
October still looks to be a pivitol turning point for the asset; free Litecoin payouts for faucets like MoonLite is ticking up slowly, but the chance that LTC can fall down to the 0.786 blue Fibonacci ring level around $47 seems to me at least, like its descent may be temporary, before a viscous rebound.

BCH currently is 98% correlated to BTC; The price is currently sits at USD$277.45 or 2,327,934 Sats -- No more comments on this one for a while; just stacking Sats.
Though I did find another place to earn from Bitcoin Cash than just the MoonBitcoinCash faucet, I'm still open to suggestions on where to earn free Crypto :)

BNB is 88% correlated to LINK; The price is currently at USD$22.50 or 219,094 Sats; I obviously need to chart more because BNB has run the length of my current Fibonacci circles, but it suffices to say, it's in a confirmed uptrend, making higher, highs above its 50-day moving average.

ETH's two highest correlations are both 98% with XRP & XMR -- looks like the XRPArmy and community likes DeFi projects so far. As of writing, the price is currently at USD$349.54 or 3,393,016 Sats. Since I'm already waaayy to optomistic about the turnout of ETH 2.0, I'll just say: I'm glad Publish0x lets readers get tipped upto 80% of their donations to authors for free ... because I probably wouldn't have as much ETH as I do now without hearing about it on P0x.

XTZ's highest coorelation with anything is BAT at 66% according to Coinbase. The price down significantly from last week, and is currently at USD$2.54 or 24,938 Sats. If anyone knows how addicting it is to look at the interest on Coinbase, let me know below how long you've stared at it ticking up :)
... and if you don't already have a Coinbase account, this might be the coin to start off with besides Bitcoin; here's about USD$10 for making an account -- and afterward, there are educational videos that give out even MORE Crypto for free.

DOGE & Vechain have the highest coorelation at 78%; the price is currently at USD$0.00280 or 27 Sats. I'll admit, I get most of my DOGE from Faucets like MoonDoge ... which though it isn't much, getting 1,000DOGE for free sounds a lot better than buying the same amount after Exchange fees for $3 -- just my opinion though.

The price is of Enji is currently at USD$0.151 or 1,458 Sats as of writing; I currently do not have anyway of earning ENJ, so let me know in the comment section below if any of you all do :)
I'm definitely excited about the project enough to buy it sooner or later though.

As of this week, ETN was -77% inversely correlated to CRO, though admittedly, merely stagnating would put one at an inverse correlation with CRO's outstanding 2020 performance. The price of ETN is currently at USD$0.0049 or 47 Sats
This is one of the few projects that I know that are proliferated throughout the African continent, and hence, makes me want to participate in the project, even if the fundamentals are still in the early stages.

TRON is 89% correlated to NEO (which is faring VERY well post August 2020 crash). As of writing the price of one TRON is currently at USD$0.0322 or 315 Sats

Conclusion

Markets so researched. much money yours. I'm not a financial advisor, and even though I'll try to clear any confusion in the comment section, I'd rather hear about how is your Blockfolio performing doing this week!

Bitcoin (BTC) Crypto Ethereum (ETH) Basic Attention Token update

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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

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Ö | Weekly Snapshot Sept 7 - 13

*ahem*

The Charts

Recently, CRO has been 95% correlated with Cardano & 93% with VeChain; The price is currently at USD$0.149 or 1,446 Sats; Just recently got my card, and can't wait to start swiping for those Crypto cashbacks: free $50 anyone?

There can still be a ways to fall during the autumn months; I hope you all have your plans at the ready if you DO happen to also own CRO :)

Still no coorelation stats available on Coinbase; but the price fell like the general Crypto markets is currently at USD$0.417 or 4,055 Sats.

THETA has likely started entering its next accumulation phase by the look of things; its upward triangle is still intact -- and after forming support on either of the dotted lines, can position itself for longer term ascension.

Same as THETA on market correlations as of writing is currently at USD$0.0084 or 82 Sats.

Though it has increased substantially, TFUEL is still able to break support on the green line -- or follow THETA token's lead, and form long-term support on the green dotted line.

According to Coinbase, NRG has an inverse correlation to Kyber Network (-63%); As of writing, NRG is currently down again this week, and sits at about USD$1.51 or 13,524 Sats

Algorand & Cosmos are still both highly correlated to LINK at 97%; the price got hammered with everyone else, and as of writing is currently at USD$12.56 or 122,039 Sats

LTC is still coorelated 98% with Bitcoin Core BTC & 97% with Bitcoin Cash BCH. The price is slightly recovered, but still down, currently at USD$48.69 or 472,335 Sats.

BCH currently is 98% correlated to BTC; The price is currently sits at USD$277.45 or 2,327,934 Sats -- No more comments on this one for a while; just stacking Sats.

Though I did find another place to earn from Bitcoin Cash than just the MoonBitcoinCash faucet, I'm still open to suggestions on where to earn free Crypto :)

BNB is 88% correlated to LINK; The price is currently at USD$22.50 or 219,094 Sats; I obviously need to chart more because BNB has run the length of my current Fibonacci circles, but it suffices to say, it's in a confirmed uptrend, making higher, highs above its 50-day moving average.

... and if you don't already have a Coinbase account, this might be the coin to start off with besides Bitcoin; here's about USD$10 for making an account -- and afterward, there are educational videos that give out even MORE Crypto for free.

The price is of Enji is currently at USD$0.151 or 1,458 Sats as of writing; I currently do not have anyway of earning ENJ, so let me know in the comment section below if any of you all do :)

I'm definitely excited about the project enough to buy it sooner or later though.

As of this week, ETN was -77% inversely correlated to CRO, though admittedly, merely stagnating would put one at an inverse correlation with CRO's outstanding 2020 performance. The price of ETN is currently at USD$0.0049 or 47 Sats

This is one of the few projects that I know that are proliferated throughout the African continent, and hence, makes me want to participate in the project, even if the fundamentals are still in the early stages.

TRON is 89% correlated to NEO (which is faring VERY well post August 2020 crash). As of writing the price of one TRON is currently at USD$0.0322 or 315 Sats

Conclusion

Markets so researched. much money yours. I'm not a financial advisor, and even though I'll try to clear any confusion in the comment section, I'd rather hear about how is your Blockfolio performing doing this week!

ahem