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Day: January 22, 2019

BITCOIN: We need some more volume…

January 22, 2019 Published by

Finally, BITCOIN has completed the last 5th…and it has been done in a very accelerated way as I wrote yesterday. So high that it all has happened in a matter of 10 minutes. Let me show you the BTC/USD chart in the 5′ timeframe:

That is, a sudden and sharp sell reaching the Target Support (remember I wrote yesterday 3430 USD) follow by a continuous “Flow” of equivalent Buy orders (BOT?) triggering afterwards successive another more “human style” buy orders…

As a consequence, watching now the 1h-chart, the movement upwards has over-passed the previous level which indicates that BTC is probably out

Currency Analysis Report 1-22-19…Aussie Set To Go Lower

January 22, 2019 Published by

The last time I spoke about the Aussie was three weeks ago and at that time, there were no set-ups.

Currency Analysis Report 1-1-19…Aussie Sinks On China PMI Data

Source

But then the Apple forex flash crash happened.  Apple suffered its biggest single-day loss in 6 years and the stock closed the day at its lowest price level since July 2017 after cutting revenue guidance of $9 billion. 

The announcement occurred right at the beginning of the Forex trading day, the Japanese session, where there was no liquidity and where the algos put on sell programs.   As a result the price absorbed all

STEEM – 8.8 mil steem move

January 22, 2019 Published by

Still on massive volume which is good for steem. Mainly transactions from the korean exchanges thou. 8.8 mil steem move from bittrex to upbit. On 4hr chart, it completed the 3 leg staircase pattern followed by the mini double top. stoch highs declining. On daily chart, both RSI, stoch extended plus TD8 going to 9. Maybe one more push to test 1200 again or next resistance 1250 on TD9 before the reversal.
stockpile for short : high (more slow bleed)
Short term moving average (day candle) :
RSI :
SBD/STEEM :
Weekly Timeframe :
24hr change :
Marketcap :123
Volume :5466
Current supply :
Total supply :
Debt Ratio : below

Crypto Contest January 22: Loopring

January 22, 2019 Published by

Loopring (Binance: LRCBTC) has broken out of the triangle pattern in the weekly chart.

(Chart courtesy of Tradingview.com (log scale))
Elliott Wave Analysis
In Elliott Wave terms, Loopring began a wave one advance in September 2017. The red wave one (blue sub-waves i-ii-iii-iv-v) finished in April 2018, and the red wave two (blue sub-waves a-b-c) correction ended in November 2018. If this wave count is correct, Loopring should be heading next towards the April 2018 peak in the red wave three.

(Chart courtesy of Tradingview.com (log scale))
You can see the wave count even better in the line chart.

(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Loopring is

BTC 22 Jan – Medium-term update

January 22, 2019 Published by

BTC broke out of my previous converging triangle. What does that mean?
In my post of 15 Jan, I published a converging triangle and spoke of an impeding breakout. This was the main image I used in that post and its follow-up post on 18 Jan:
After entering the “Breakout Zone” BTC broke out in a downwards direction. This presents a small problem because the breakout wasn’t definitive: yes it left the triangle, but not by much (as seen below).    
I now see two possible scenarios:
 
Scenario 1: Lower BTC prices
BTC may drop lower yet again – probably to one of

The Good and Bad of Homeowner Associations

January 22, 2019 Published by

There are pros and cons to most everything in life and this includes homeowner associations.
Homeowner Associations (HOAs)
HOAs are a non-profit organization that enforce a community’s covenants and maintain its common areas.
Just like you would have in any other organization there is a board of directors that oversee this function.  The board members are volunteers and are voted in by the members of the community.
Pros and Cons
There is a maintenance fee that comes with the services provided and organized by the HOA.  It is usually in the form of a monthly payment, but some do it quarterly.
Here are some of the

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