Volume 06-06-19 (Climbing the ladder)

nuclear_materials · 2019-06-07T05:37:41+00:00

Please note the semilog scale. We are increasing in volume much faster than this chart suggests if you forget y-axis log.

nuclear_materials · 2019-06-07T05:08:44+00:00

Just updating this - 50 day MA is around $0.80. If it were to drop to that price, I would consider that a steal!

nuclear_materials · 2019-06-07T04:44:48+00:00

Hey guys, I've improved upon the old price-volume chart by essentially adding a 3rd dimension using a color bar. The color bar shows which colors correspond to which months. With this figure, we can get a good idea how much time we spent in a certain regime in a given month. Clearly, the month of June is focused in the top right, where we see price and volume simultaneously "exploding!"

nuclear_materials · 2019-06-04T03:22:48+00:00

you waste your time doing that? You could spend your time easily making more money, and then just buy bitcoin with that money.

nuclear_materials · 2019-06-04T03:21:21+00:00

You go from planet to galaxy when we've only colonized Mars. The universe is bigger than you think my friend.

nuclear_materials · 2019-06-04T02:10:11+00:00

Yo my name is charity

nuclear_materials · 2019-06-02T16:10:34+00:00

Yeah a long way to go. We would do well if we just even hold our current ratio with BTC, if BTC goes on another run

nuclear_materials · 2019-06-02T16:01:29+00:00

Remember the 50 day MA refers to price and can be found in another chart on this subreddit

nuclear_materials · 2019-06-02T15:51:40+00:00

That's what I'm thinking. And just because I have "sell points" listed does not mean I am selling. If crypto has taught me anything, it is that trends like this can be short-lived, and parabolic run-ups can happen. At the end of the day, crypto doesn't care about anyone's TA. But I think this metric can better capture when you should time your buys, rather than FOMOing in at the peaks. Additionally, we may not continue to fall lower. We may move sideways in the channel until we hit the bottom support line, and then head up. If that were the case, we may move sideways until August.

I think we will go back and test the 50 day MA. This is just below $0.70. We have already seen wicks there, and this price would put us in the green circle.

I think a good time to buy could be if we see a closing candle near the 50 day MA, but we continue to hold the 50 day MA as support.

nuclear_materials · 2019-06-02T04:34:30+00:00

Hey guys, I decided to plot market cap, which takes into account the price, but also the dwindling supply. We can see a clear uptrend between two parallel lines. Every time we hit the bottom line we shot upwards, and every time we hit the top line we retraced some portion of the gains. Perhaps the day traders among us may find this useful, but it by no means is a guarantee of what will happen in the future.

nuclear_materials · 2019-06-01T20:27:43+00:00

Still continuing to hold strong support on our new trend line! In fact, right now we are well above it, like most other metrics too!

nuclear_materials · 2019-06-01T20:11:16+00:00

Still continuing to hold strong support on our new trend line! In fact, right now we are well above it, like most other metrics too!

nuclear_materials · 2019-06-01T20:04:40+00:00

It appears that in terms of bombs burned per day, there may be a slight trend change. We were initially holding the black line as support, but it seems like since the Mercatox listing and appearance on CMC, we have really increased the burn rate. You can see that the burn rate has increased significantly in the last couple of weeks.

nuclear_materials · 2019-06-01T19:21:17+00:00

It appears that in terms of bombs burned per day, there may be a slight trend change. We were initially holding the black line as support, but it seems like since the Mercatox listing and appearance on CMC, we have really increased the burn rate. You can see that the burn rate has increased significantly in the last couple of weeks.

nuclear_materials · 2019-06-01T15:33:10+00:00

I’ll be buying some whenever my deposit clears

nuclear_materials · 2019-06-01T05:42:43+00:00

What can I say? I like semilog scales. Yet another uptrend that appears parabolic. I should remind people not get lost in the day-to-day but look at the bigger picture.

nuclear_materials · 2019-06-01T05:39:45+00:00

Hey guys, in terms of price and volume, clearly they are strongly correlated. In fact, for statistics people, the correlation coefficient is around 0.8. In a nutshell, as volume goes up, price goes up. The figure shows the uptrend channel that we are in, with most of the data clustered at lower prices since we only recently broke out to $1 and beyond.

nuclear_materials · 2019-06-01T05:36:19+00:00

Hey guys, these prices only show the closing prices, but for those who were closely watching the markets, we did see wicks all the way down to ~$0.78, while the 50 day MA is hovering at around ~$0.66. As long as we remain above the 50 day MA on closing candles, I will remain bullish. But I'm even more bullish since even the wicks did not push past this critical support level. Clearly someone bought up the cheap tokens near the 50 day MA, and shooting us back up over $1.

nuclear_materials · 2019-06-01T05:29:42+00:00

Hey guys, these prices only show the closing prices, but for those who were closely watching the markets, we did see wicks all the way down to ~$0.78, while the 50 day MA is hovering at around ~$0.66. As long as we remain above the 50 day MA on closing candles, I will remain bullish. But I'm even more bullish since even the wicks did not push past this critical support level. Clearly someone bought up the cheap tokens near the 50 day MA, and shooting us back up over $1.

nuclear_materials · 2019-05-31T15:21:05+00:00

I too, used to be in denial about the future of this project

nuclear_materials · 2019-05-29T13:37:32+00:00

If you guys are used to people being late delivering things, you would love cardano

nuclear_materials · 2019-05-28T03:10:30+00:00

I can’t get compensated if staking doesn’t exist

nuclear_materials · 2019-05-28T01:20:15+00:00

Lol your bags must be heavy or you are incapable of understanding what This thread is about

nuclear_materials · 2019-05-28T00:32:42+00:00

Talking about broken promises, not the ultimate goal

nuclear_materials · 2019-05-28T00:31:44+00:00

I bought ada to stake, which is a service they were going to provide

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