BITCOIN: Current Possibilities

Two Target supports, two different alternatives…

Assumption: Extended 5th still on going

Last 5th wave of the down-cycle may be composed by 5 subwaves (Brown). First wave (very long IMO) and 2nd wave completed… 3rd wave on going…

Target limit 3375 USD (Target support 2)

Assumption: 5th wave completed

1st wave (brown) up completed, building the 2nd… If BTC rebounds on the “Target support 1” around 3537 USD then the EW count is valid and the 3rd wave upwards will be formed…

Entry Target: 3540 after rebounding on the support 1.

@toofasteddie

*Disclaimer: This is just my personal point of view, please, do your own assessment and act consequently. Neither this

SPX: Gap and Go So Took My Profits

As the S&P 500 pushes further into the resistance zone I decided not to be greedy and booked the rest of my day (turned into overnight) trade.
Bad News is Good so Good News is Great
The market was strong yesterday and the day before despite poor earnings announcement from companies such as Citi.  Thus, when Bank of America and Goldman Sachs were upbeat I guess that means we are definitely going to go a bit higher?
Well, atleast open higher and that is what happened followed by a push higher.  Or as I call it a gap and go.  Being we have

BITCOIN – symmetrical triangle apex soon

Indeed it did sell off then bounce again now consolidating into a possible mini symmetrical triangle. Possible up channel too. as the fake spike out just now almost tested the channel top and my short got liquidated then it went down again.  Bulls bears fighting at 3680 zone for grounds back into symmetrical triangle on 4hr closing in on apex soon in next few candle for the next direction move. bias down side
News: (Current) | (Upcoming)
Short term moving average (day candle) :
RSI :
Network Value to Transactions Ratio :123
Total marketcap :122
Dominance :52.4
Bitfinex Margin Long/Short Volume Ratio :
Depth Chart : (S) |

Scripsio: Social Interaction & Blogs With Monetization Options

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Store

Scripsio intends to have a market application on the site before too long. This will provide a place where you can buy and sell goods (hard and digital) and services.

Blogs

Most of the site is pretty intuitive to use. You just post what you want, set up groups, join groups, build your list of followers/followees and engage however you want. This engagement is local and stored only on the Scripsio servers. Again, you can always delete it all with a few clicks, if you desire.

On the other hand, we have integrated the social features with your own Scripsio blogs. Everyone has one, so you can use that to post content anytime you want.

All you need to do to access it is to hover over “+ New” in the topbar and then click on “Post”. The editor opens up and you’re on your way. When you publish the entry, it will show up on your timeline and however you have set your preferences.

As a small bonus, all articles posted from Scripsio will be tweeted on Scripsio’s Twitter. If you decide to have your own blog, we can set it up to automatically post to your Twitter as well.

Steem

An exciting feature of these blogs is that they are integrated with the Steem blockchain. It’s not necessary to do so, but you are able to go into your dashboard and set it up.

In order to set it up, all you need to do is hover on “Scripsio” in the topbar, then click on “Dashboard”. From there, click on Profile in the left column.

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Once you’ve done that, and saved, it, all your blog entries will publish to your Steem blockchain account as well, from where they can be seen on other UIs, offering multiple angles of engagement. The community also has integrated the comments and upvotes section, so you can enjoy a full experience from Scripsio. If, for some reason, you would rather publish an article without it going to Steem, you can do that as well. Simply uncheck the box in the SteemPress section in the right column of your editor.

No Steem Account Yet?

If this interests you and you don’t have a Steem account yet, there are a couple of options. The easiest and quickest is probably to go through Steem.Ninja (can use credit card) or AnonSteem (anonymous/cryptos only), where you can buy one and have it all set up very quickly. Another project to help you is Steem onboarding. While setting up an account through them may not be quite as convenient as Steem Ninja, they are in the process of setting up introductory tutorials to help you learn about blockchain and Steem in particular. We highly recommend their services, even if you don’t get your account from them.

We’re still trying to figure out if we’re grown up enough for beta. Come on over and see what you think. We’d love the feedback.

Quod Scripsio

Ethereum Hardfork Delayed

The Ethereum network is scheduled for a hard fork called Constantinople today.  But unlike the hard fork on Bitcoin Cash in recent months, this hard fork is expected to not cause any issues as all transaction validators are likely to upgrade their software which will be a plus for the Ethereum community.

The upgrade is intended to reduce mining rewards from three to two, speed up processing times, improve the way the network monetizes data storage and address crypto scalability — the ability to process transactions efficiently and quickly.   Thus, this hard fork is likely to be positive for the valuation

Fiat pairs trading on Binance!

A brand new Binance exchange named Binance Jersey is up and running!

It offers fiat trading with the pairs BTC EUR, BTC/GBP, ETH/EUR and ETH/GBP.

From https://www.binance.je/en/trade/BTC_GBP

The exchange launched only a few hours ago and is a big step forward; both for Binance which is looking to release its own DEX soon and for cryptocurrency mass adoption in Europe.

Binance Jersey is located at https://www.binance.je – you can’t access it through the regular Binance site. Binance Jersey is located on self-governing British Isle of Jersey – hence the name. This means that you have to make a new account, which is fairly painless,

What happens after the bounce is what matters!

Well folks, we are now here. On Christmas Eve I said we are bouncing, followed by what happens after the bounce is what matters going forward. This V shape bounce (somewhat surprising how quick) has now ran into some HUGE sellers at 2610 and 2680.

If you go back and read my previous posts, these two levels have been mentioned over, and over, and over again, and again, and again. By drawing the resistance line you can literally see the wall that has been created from past prices. There is a 90% chance this causes trouble, the other 10% is a

Crypto Contest January 16: NoLimitCoin

NoLimitCoin (Bittrex: NLC2BTC) has broken out of the triangle pattern in the daily chart.

(Chart courtesy of Tradingview.com (log scale))
Elliott Wave Analysis
In Elliott Wave terms, NoLimitCoin began a wave one advance on November 23, 2018. The red wave one finished on December 3, 2018, and the red wave two correction ended on December 7, 2018. The red wave three  (blue sub-waves i-ii-iii-iv-v) advance finished on December 27, 2018, and the red wave four (blue sub-waves a-b-c) correction ended on January 13 this year. If this wave count is correct, NoLimitCoin should be heading next towards the December 27, 2018 peak in the red wave five.

(Chart

Currency Analysis Report 1-16-19…Brexit Delayed Again

Two years ago, England voted to leave the EU.  Today, U.K. Prime Minister Theresa May asked Parliament to approve the withdrawal agreement with the European Union.  The withdrawal agreement was rejected by 432 votes to 202. The 230 vote defeat is thought to be the largest in U.K. political history.  U.K. government now has just three working days to map out a new plan of action.

The more Brexit lingers, the probability decreases England will leave the EU.  Many think leaving the EU will hurt England.  A Bank of England report in late 2018 said leaving the EU would result in