what is going on guys Patrick here bringing you a brand new video today
we've got another killer video for you guys full of information I'm going to be
talking about cos Tron Iona Cardinal as well as looking over the Bitcoin price
and doing a little bit of technical analysis but guys before we get start
with that if you want to enter a chance to win some free Bitcoin all you guys
have to do is number one be subscribe to the channel and have your notifications
turn on number two give this video a thumbs up in number three leave a
comment down below saying something related to the video now you guys can
eat as many comments as you'd like and I'll do my very best to answer every
single one but guys let's jump right into this right now first piece of news
I want to go over before we talk about the altcoins
is that a diamond industry the diamond agency partners Giants partner with
blockchain start-up to tokenize gems wow that was for some reason I couldn't read
that title basically two leading diamond industry players have agreed to work
with a blockchain start of d12 tokenize diamonds and this is only the beginning
they obviously are going to look into tokenizing gems not just diamonds and
this is big because we've seen this be a really good use case for cryptocurrency
and I think we're gonna see more of this coming in the future
so cognizing not just gems but also real estate assets so on things like that so
I'm very excited to see this I'm very excited to see when we can actually
tokenize real estate I think that's gonna be very cool and I want to see how
that works out but this is just the beginning and I think it's a very good
step again in adoption I do like to share with you guys when I see a news
article like this that is talking about adoption I think it's fascinating and I
think it's great to see so this this right here very big thumbs up to see now
let's look at the cryptocurrency market I don't want to go over too much news
because there is a lot of news with it all coins to talk about mark is at 335
billion dollars Bitcoin comments at 38 point to the theory was actually having
a pretty good day of 3.4% while bitcoins only up point 0 2 so bitcoins basically
neutral that doesn't even count within a matter of one click of the refresh
button it could be down point 5 so who knows
but iOS is up 7% well what what else do we have is a decent move everything else
does it really look like it's moving a lot of Bitcoin privates
19% now keep in mind John McAfee did promote this and I don't know if he
actually believes in it or I heard a lot of people actually like Bitcoin private
so that might be that might be good it might be an honest and honest promoting
but that is why it is up so much because of how much of an influence he has Mixon
is up 17% don't know too much about why so I'm not gonna comment on it the
overall a lot of green now not anything significant in the green very very
little significant in the green we CEOs have good Bitcoin private had good but
overall very small gains point 17% point zero 2%
not a lot now I do want to go over some all Queens because cos firstly is up
almost 7% oh it's very close 111 billion dollar market cap ranked number five in
market cap size and it's having one of the better days today now why is that we
are leading up to the main net launch and I wanted to talk about this again
because I want to emphasize to you guys to go and check what you guys have to do
for in order to claim the EOS when it does have its maintenance and everything
it stops me near C 20 token and goes over to the EOS block she makes sure you
guys are taking action with what you have to do I'm not a hundred percent
sure where the specifics are at the moment but make sure you guys are
reading up on it and you do do that because I don't want you guys to lose
your EOS because it says right here that um that an unregistered address will be
worthless once the snapshot occurs after being frozen on the etherion plumb
platform so the EOS token holders are currently holding and trading their ERC
20 tokens on the etherion blockchain hence AOS aetherium receiving actions
are currently the same after the launch of the EOS Maina US will have its own
completely separate blockchain for its users so guys similar to the Tron
maintenance coming out now Tron is simpler just as to leave it on in
exchange that supports it so make sure you guys check out which exchanges
support it and see which one we're using that way you can do what you
need to for Tron and AOS very similar guys I do recommend going to read what
you guys have to do now it's gonna be depending on what you guys are using
it's gonna be different so make sure you guys are reading up on it I don't want
you guys to lose your EOS because it is very good and I think AOS could have
another huge run this week because I love it leading up to its maintenance on
it a lot of people are expecting to see the price have a very nice run and long
term I think we can see EOS hit that forty dollar mark even by the end of
2018 that would cut be a little bit under for x3 and a bit X bringing it to
almost a little bit under forty billion dollar market cap guys as long as the
market continues to grow then that is very possible and a lot more could
happen if a OS does accomplish what it is trying to do and if it does turn out
as good as people think it will be another point I want to talk about is
Tron I know you guys are big fans are showing a lot of a lot of Tron fans on
this channel so guys wanted to share with you guys that the trunk has a new
partnership now obviously China is a ton of partnerships with almost everyone
nowadays it seems like China's a ton of parties but they do have a new one with
vsport a powerful alliance to leverage blockchain technology for solving issues
in these soccer and sports industry so if you guys want to read up more about
that go ahead and check out V sport see what they're doing see how Tron can help
now like I said Tron has a ton of partnerships already now it's time to
see these partnerships take action I think with the start of the main net
which is gonna come out very soon at the end of May there's nothing which is
another reason why people think Tron is going to have a very nice run as well in
long term I think a lot of more people are bullish on Tron than they used to be
Shaun used to be something that was talked about just as hype but now we are
seeing it happen we're seeing a lot more people get on board for the actual
fundamentals which is something I'm very happy to see it is ranked number nine
solidly in the top ten now been in there for some time
it's chart doesn't look bad some solid price increase but guys a long term I
think Tron will do very well at a four point six billion dollar mark cap it has
a lot of room to grow and the next week or so should also as
long as the market allows should be pretty good
due to the main net coming up now I am excited to see when that does happen
when the main net does happen I'm excited to see how all the partnerships
are gonna start you know taking place and how they're going to be helping how
we're gonna see results from it I think it's gonna be a very big one so let's
hope Tron doesn't fail us does it does live up to the hype I think it will so
hopefully hopefully things do well now iota also has a new partnership in
Iona's partnership with the partnerships with the United Nations agency so the UN
o-p-s a service and technical advisory arm two of the United Nations and
cryptocurrency giant a cryptocurrency project Iona pretty much a giant thing
it's ranked number 10 right now have announced a partnership that will seek
to help UN o-p-s benefit from a Oda's open source distributed ledger and
tangled technology to improve processes and cut down on middlemen which
basically essentially saves time so what cryptocurrency is meant to be used for
cutting down the middlemen saving people time this is very good to see now they
do share a similar vision they say we share a vision where machines devices
sensors and people connect and communicate to each other it's the world
of industry 4.0 harnessing technology that allows for these processes to work
simultaneously without the need for in the without the need for basically a
middleman which is what we were talking about will help expedite our mission as
an organizational expedite again make things go faster guys this is what
cryptocurrency is meant to be used for and I'm happy to see this actually work
look at us getting a notification for guys joining the cryptocurrency all
starts perfect time to plug you guys want to join our Facebook group full of
information always up to date full of technical analysis we have some great
people in there with a lot of knowledge make sure you check out the link in the
description and in the comments to join the Facebook group it's 100% free and I
guarantee you guys you will get value from it but this is only the beginning
for IO IO now they had several parties before and I think their technology is
one that stands out and I think it's one that's going to be used in the real
world again why I think it's going to continue to do well and why it does
have a spa a spot in the top ten in my opinion or even just the top 15 keep in
mind as the market grows then the market cap for iota should grow and the price
should increase as well I think iota will have no problem continuing to grow
as the market grows I'm pretty bullish on it I don't have a lot of iota so
disclaimer don't have a lot of Iona I just can see where it's going to be used
in the real world and I'm excited to see it happen now all right guys so now
let's talk a little bit about card da know because card donnaught has had some
pretty big news as well the creator of card on o io HK introduced VR tool to
explore bitcoins blockchain now this is huge because it's going to help educate
people on bitcoins blockchain on blockchain technology not to mention I'm
big on education how we should be reforming the education system but
that's the story for another time now I just like to see people educated people
getting more educated on the blockchain and understanding why it makes sense and
why it should and will continue to grow so apparently so it says here they have
it has a commitment to both education and design and this kept in this
captivating a complex data visualization is the perfect combination of both it's
beautiful as much as it is functional and our hope is that it will help make
blockchain truly understandable for a whole new audience now don't forget if
you want to see the market cap continue to grow that's something we have to have
we have to have a whole new audience we have people in cryptocurrency right now
that's great they can keep putting in money every once in a while maybe you
know dollar cost average that's gonna be great but in order to see the market cap
have that huge growth like you had at the end of last year we're gonna have to
see a lot more people come into cryptocurrency who are not in crypto
currency I don't have any money in and they bring their money over now this is
gonna be a mix of individuals but also institutional investors and some very
big players once we see regulations happen but this is only a start to teach
the younger generation now this is not going to only be for younger generations
but obviously this will help start teaching people maybe in school about
blockchain what it is it certainly should fit in a computer science class
or in an engineering class where you have to learn coding and stuff like that
the blocks change in depth be something that you learned there as
well so hopefully this will help that out now again I would say reform of the
education so I think it's very outdated we have to add new things into it I know
cryptocurrency is so new blockchain is so new but that's not an excuse to not
be looking at adding these things into curriculums but even for older people
institutional investors don't understand how things work or just anybody because
I know a lot of you guys know how this feels well you talk to someone about
cryptocurrency and they give you the blankets look and think that you are
crazy guys that happens to me too but this hopefully is to help that now card
oh no guys ranked number eight 5.2 billion dollar market cap
I think card dongs gonna continue to grow 20 cents is very very cheap in my
opinion for Cardinal long term I think it's going to do very well one that I am
very bullish on so hopefully it does continue to grow and this does help
bring more people into the blockchain space each of the cryptocurrency space
now let's take a look a little bit at some Bitcoin technical analysis I found
an article that pretty much summed up everything really well I was gonna draw
it all up for you guys but I decided to give credit to the article and share
with you guys what they've been shown that is something I've also noticed
through my technical now so I've seen a lot of other people point out as well
basically long term Bitcoin for the last five months or so has been in this long
term triangle the day you guys can see right here it's been trading within that
now it looks like it is coming to a close so eventually bitcoin is going to
have to make a decision now obviously bitcoin does leave the market if Bitcoin
goes up the market will go up if Bitcoin goes down the market will go down but
overall so this is getting very close and big was gonna have to make a
decision from the analysis on the market we can expect to see the resolution of
this triangle during the trading period of either June or early July so is
coming up roughly within the next month hopefully we'll see Bitcoin have another
run up I think that it's due for one I think that is the direction most people
expect it to go but obviously with cryptocurrency we can't be too certain
now looking at the short-term they actually did a short-term analysis as
well which I thought was really cool they did the Fibonacci retracements and
showed that there was support significant point seven eight six
Fibonacci retracement level this was basically the retracement from the
previous bullish move experienced in in April up until early May so you guys
remember when I was saying in April everyone was like Oh where's the big
run-up where's the big run-up now say guys since early April all the way till
early May we've had over two and a half X in a lot of all coins that we were
talking about in the channel and that was amazing now things have gone back
down obviously but things aren't looking terrible in the short term it is looking
like Bitcoin might continue to fall especially the since it isn't trade it's
trading between the support and the resistance right here now it did break
under the support of 8000 kind of trading in between so I wouldn't be
surprised if we do run down and test the seven thousand dollar mark do I think we
will trade sideways on here probably not I think what's possible is
we'll have a few sideways days of trading you're right at the retracement
level we're at right now but after that possible for us to touch it and have a
long wait I don't think it's gonna last for several days though we will see what
happens and then obviously consider trade within that triangle now guys if
you are looking to make some short-term trades maybe take a look at the triangle
I showed you and start buying at the low point and selling at the high point
since that is the pattern that Bitcoin has been following and if it does
continue to fall that you can make some nice gains within that so within that
spirit the space so obviously not just waiting for the market to go up if you
are interested in trading you can make money even when the market is kind of
trading sideways and unsure what direction is gonna go but guys hope you
did enjoy this video if you guys did don't forget leave a thumbs up and leave
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tomorrow for another video
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