Mcaffee — Trading Ideas on TradingView

Ketchup? Mustard? Relish? - BTC & McAffee So this chart doesn't need any fancy technical, it is an obvious lower low and lower high. The speculators are drying up and no new money is entering. With that, McAffee will not live up to his 1M$ call. So do we think he should use relish? ketchup? or mustard? when he eats his appendage? Cheers!

LTC bounce from somewhere between $82 and $71 Hi everyone, LTC has corrected further, while BTC is up ~10% over the same period. No huge mystery to my (quite wide) range of $82 to $71 - I am just straddling the 1:1 extension of the wave B correction. Remember the lower it goes the better - LTC seems (through the consensus of the market) to have wide appeal and recognised value. So the cheaper it gets - the better of a deal it is for buyers. Buy the dip :) not because that waste of space McAffee said it - because I said it. BTW McAffee I am still waiting for BTCP to reach $200 (McAffee's May 2018 prediction for July 2018 - current price for BTCP $0.3427). Just remember, if you doubt anyone's credibility in the 'crypto-space' - you are probably right and are just one step closer to doing your own research. Protect those funds. Before you believe anything I say, assess my record, judge my own credibility, and add your own research. I am not an expert, or have even been around that long in crypto but called the Dec 2018 market low, called the recent swing low to within a dollar or two. Called the S&P500 bear break to within 0.2%, The end of the 2018 gold bear-break to within $6. Anymore calls like this and I shouldn't have followers, I should have worshippers :).

Bitcoin: What if McAffee was right?!? o_O Now let us speculate a bit now, and ponder an ultrabull case. Of course, I fully admit that I am a bitcoin bull, and always believed we'd see 1 million USD per BTC. But my estimate has always been 2030 for hitting 1 million. Now, for shits and giggles, let's just ponder the possibility of a bitcoin hyper-adoption suddenly taking place until 2020, in order to reach McAffee's famous 1 million prediction. How would the growth pattern and the TA-justification for such a move look? I tried to draw it. The logic behind it, from a pure TA perspective is, that bitcoin was in a steep exponential channel from 2011-2013 (before in an even steeper one). Now, after that, bitcoin went into the slower squareroot-function channel, which in the logarithmic chart, is represented by the two curved lines, green and red. Apparently now, we see bitcoin rise much earlier, with much more power than many (me including), expected only a few months ago. I always thought we'd see 100k by 2022, or something like that. But what, if BTC wants to go back to the exponential channel, because now mainstream adoption picks up steam? Well, then BTC would continue to 60k this year and test the red sqrt resistance line. It would fail at first, and consolidate and correct for a few months. But then at second try, it would succeed and go berserk, even higher than McAffee proclaimed, to 2 million instead of 1 million. But ok, what is a factor of 2 for bitcoin, right? Nothing ! We are talking the same order of magnitude. Now I know this in not realistic. I don't believe there is a high chance of this happening. BUT, it is an interesting exercise and thought experiment. Even though very unlikely, it is not impossible. Some factors which could help achieve the insane McAffee price point in late 2020 are: 1. Large scale economic problems, pushing huge amounts of money to Gold and Bitcoin as a hedge 2. ETF approval 3. Mainstream adoption going much faster than we thought, transaction volume suddenly pickung up pace, due to lightning network. Bitcoin payments becoming widespread available. 4. Large institutional investors pouring giant amounts of money into bitcoin because of ETF 5. Billionaires around the world get a strong FOMO, seeing bitcoin rise, economy going to shit, wanting to protect their money, and hedging into Bitcoin 6. Strong USD devaluation So there. These are the circumstances, which if all were to occur, could make the price drive up so high. AGAIN: This is unlikely, but NOT impossible.

The reason why we're not going to fall bellow 6000 Is this pitchfork that I've drawn to the downside. As you can clearly see we went through it. The last opportunity for the crash was on 1st of October. Just take a good look at it, it would be a perfect timing. A lot of people say explosive move is coming to the downside or upside, but I disagree with all of them. I think we're just gonna continue sideways and hold the 6500 support. When we break out of the triangle I suspect a move to the upside to 7400 (previous high) and an immediate drop back to 6500. We're in the accumulation zone, it's going to take a while for BTC to start setting new higher highs.

The most insane outcome Market gets destroyed on 8th of October, last candle left on the daily chart before the breakdown. It goes past 5000 and 4300 because of the people panicking thinking it will go to zero. It bottoms at the most obvious support 2900 and bounces off all the way up to 5444 which will be used as a resistance point and then the horror movie begins all the way down to 1300 where the institutional money is waiting. In that case I'd expect some horifying news coming out, like: Tether and Bitfinex shuts down, Bitmex exit scams etc. Personally I don't believe this is going to happen. I'm just giving you the worst possible outcome to scare the s* out of you. Have a good day! :)

Options for bitcoin price movement If bitcoin continues its parabolic pricing it is possible that by 2021 it will be very, very expensive.Maybe that's why John McAfee is waiting for $ 1 million in 2021. Dayly timeframe Weekly timeframe Monthly timeframe

AEON The NXT VERGE?Sorry guys for the misleading title but who cared about Verge till the 13 of december? The 13 December someone called John McAfee, a visionary, said... "If you would use your heads you would figure out that the privacy coins (anonymous transactions) will have the greatest future. Coins like Monero (XMR), Verge (XVG), or Zcash (ZEC) cannot lose" And everybody like sheeps buying Verge coin. A couple of months ago I discovered that a friends of mine also bought a lot of time ago some cryptos. I asked him what you bought? He said me Aeon. Aeo What? Yes i bought it because they do anonymous transactions. I tought that could be the future but I was wrong.. Now if you want to discover who could be the next to skyrocket you search a coin with similar characteristics of that who skyrocket lasts. An exemple? Vertcoin first followed by Groestlcoin (segwit saga). Look at the charts. We arrive a the end of this triangle formed by the peak end of November. Now we are increasing to reach the resistance line of this triangle. If it break... skyrocket

MGTI - Update for 10/30/17 - Cup+Handle breakout MGTI up 27% in the last 2 trading days. Expecting good news next week that will get us the rest of the way towards breaking out of the handle. No doubt, it's coming. The stars are aligned. Business makes sense, revenue is dramatically increasing and the charts have thrown us three big bullish indicators. Cup+Handle formation over 14 months Falling Wedge more recently Double bottom (happened 10/25) Very good chance of doubling your money over the next 2 weeks with MGTI. You can get in now for more gains or you can wait for MGTI to cross $2.63 and hit $2.70 to confirm a break out. Once the breakout is confirmed, first price target is $4.50. Longer view term - $6 by January and $12-15 summer 2018. Remember when Apple was $20? Remember when MGTI was $2? Strong buy Do your own research and DD. Disclaimer - this is my opinion only. I BELIEVE and I am long 50K shares MGTI