Two Minute Crypto – Retail Crypto Investors Part Two

Please click the link to listen to this episode of the crypto podcast ‘Two Minute Crypto.’ These are intended to be short, single-topic ramblings on some aspect of the cryptosphere. Comments and critiques welcome. Please consider dropping a like and or a review on iTunes or Podbean if you enjoy the podcast.
 

Transcript:
 
Two Minute Crypto – Retail Crypto Investor’s Part Two
Last week I highlighted 4 of the harsh realities facing retail crypto investors and promised to balance the books the following week.
Reality check 5 – the books are not balanced.
No matter how you look at it – the average retail investor is

Local songwriter sings of his Journey of Love to beat plastic pollution

David Stopp on Eastbourne beach singing away in his music video.

We all love our local environment, whether it be the beaches, the parks, the Downs, or just our back gardens. But we all also hate having that local environment trashed by litter, especially plastic litter. Which is why the drive to get rid of plastic pollution, to make Eastbourne a Plastic Free Town, has to be a journey of love. Serendipitously, a new song, and a music video to go with it, has just been launched on YouTube, written and performed by a local singer-songwriter David Stopp, which is called ‘Journey of Love’, celebrating a world which becomes free of plastic pollution.

This song was written especially for the Plastic Free Eastbourne campaign and features not only David but also many local people helping out with beach cleans. It also features a scary Trash Man seen lurking around Eastbourne’s beaches (editor’s note: we can reveal exclusively that Trash Man is known in the human realm as Daniel Mason-Bond. We salute his shape-shifting abilities!). The music video was created by a local film crew, headed up by Anna Winter & Tom Potter, who donated their services for free, a journey of love in itself!

The song itself, as well as becoming a flag bearer for the Plastic Free Eastbourne campaign, also deserves to become a smash hit due to its catchy tune and sing-along qualities. David’s passionate concern for nature and wildlife means he has a long history of helping out with environmental campaigns, so he readily engaged with the Plastic Free Eastbourne goal of getting rid of single-use plastics from the town, and the song he wrote was truly from the heart, especially as he saw at first-hand just how bad plastic pollution could be when he visited some of the beaches in Thailand when he was on holiday there a few years ago.

David Stopp, the singer-songwriter himself, said: “It’s truly been a Journey of Love for me with all involved: Andrew Durling, Oliver Sterno, Anna Winter Tom Potter, Jane Wilde and all those who took part in the beach clean, not forgetting the Trash Man, Daniel Mason-Bond, himself!”

Oliver Sterno, Community Leader for the Plastic Free Eastbourne campaign said: “This inspirational video has already created a positive impact in our town. Its theme is topical and universal: everyone can identify with its persuasive story. It deals with a frightening unfolding tragedy in a positive, witty and optimistic manner, encouraging the viewer to take personal responsibility and to take action in order to bring about communal change.”

Anna Winter, from the film crew, said:  “It has been wonderful being involved with Plastic Free Eastbourne during this project. I have been amazed at how many of Eastbourne’s residents are passionate about cleaning up our beaches and changing their habits for the benefit of our town, and of course, for the world. It gives me a lot of hope for the future and has certainly had an impact on my own habits. I am looking forward to seeing Plastic Free Eastbourne’s next steps!”

Tom Potter, also from the film crew, said: “Making this film really gave me an insight in ways we can better ourselves for our planet. I hope it does the same for those who view it as well”.

Eastbourne MP, Stephen Lloyd, an enthusiastic supporter of Plastic Free Eastbourne, said, “I think this is a tremendous song from local musician, David Stopp. The message is wonderfully clear but also enhanced by an upbeat tune which means the listener isn’t bludgeoned over the head polemically. Well done David! The excellent video put together by Anna Winter and Tom Potter demonstrates high production values that wouldn’t seem out of place on MTV” (editor’s note: does anybody still watch MTV?).

Andrew Durling, Co-ordinator of Eastbourne Friends of the Earth, said: “Our group is part of the Plastic Free Eastbourne campaign and our members have enthusiastically participated in the beach cleans organised by the campaign. We also helped to make the music video and David is one of our most active members anyway, so we’re enormously proud of him and the song he has written. We feel that the song is so good that it deserves to become a smash hit nationally and it certainly has a huge feel-good factor, painting as it does a world free of plastic pollution. What a great world that would be! The song has a very catchy tune as well as a chorus that everybody can sing along with! The music video also showcases local film-making talent and features Eastbourne’s wonderful beach life, so it will certainly help put Eastbourne on the map in a very good way”.

The song, wholly produced in Eastbourne by Eastbourne residents, is available on YouTube at: https://youtu.be/UMhM0Qj0bEc. Please share this link with your own networks and let’s see if we can make the song go viral, helping to put Eastbourne’s plastic-free nature and the immensely creative talents of Eastbourne people on the map! By the way, you can show your appreciation of the song by making a donation of TUBES, a digital currency that rewards artists and content creators like David Stopp. Just click the red ‘Donate Tubes’ box below the YouTube video (but you will need to get the BitTube app first and earn some Tubes with it; just go to  bittubeapp.com).

BTC 24 Jan – a change of direction

As I promised in my post of 22 Jan “Once I have better information I will publish an update in this regard (if necessary). “I have better information. You’re reading that update.

You can see my previous BTC post here: BTC 22 Jan – Medium-term updateIn it I proposed two possible scenarios: A drop to lower price levels or a modification to the tapering triangle we were in, resulting in a later price breakout.

In that post the price had just dropped through the bottom of the previous triangle, but not definitively so. For further details on those scenarios, see

STEEM – TD9 reversal valid

Last steem post mentioned about the possible TD9 reversal and indeed it happened. There’s should be some good support around 1030 with enough pullback from the highs. Possible bounce from there to complete possible HS with neckline 1030 and right shoulder high 1150-1190
stockpile for short : high (more slow bleed)
Short term moving average (day candle) :
RSI :
SBD/STEEM :
Weekly Timeframe :
24hr change :
Marketcap :113
Volume :1326
Current supply :
Total supply :
Debt Ratio :
Daily supply :
Total account :

BITCOIN – possible big symmetrical triangle

On 4hr chart, possible new symmetrical triangle on plot from daily candles so far consolidating within this triangle. Might still dip below 3500 but lowest 3450 should hold to make this triangle consolidation valid. Also possible mini double bottom W pattern forming. Let see if it can rally up to 3720 neckline level in 3-4 days time.
News: (Current) | (Upcoming)
Withdrawal of CBOE BTC ETF.
Short term moving average (day candle) :
RSI :
Network Value to Transactions Ratio : 120
Total marketcap : 119
Dominance : 52.4
Bitfinex Margin Long/Short Volume Ratio :
Depth Chart : (S) | (R)
Weekly Timeframe :

Forex $1 MM Challenge – Trade #5 (1-23-19) Sold AUDUSD

This was a trade set-up I took after posting about the Aussie going lower two days ago.

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

China is Australia’s largest trading partner in terms of both imports and exports and as a result, Australia is more affected by China’s economy than most countries. As China goes, the Australia currency, the Aussie goes.

Daily Chart (Entry Time Frame) – although not the best zone, one set-up was already missed when price entered and left the daily supply at this time there is no trade set-up.

So wait for a pull back to the

Crypto Contest January 24: Decentraland

Decentraland (Bittrex: MANABTC) 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, Decentraland began a wave one advance on September 12, 2018. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on December 3, 2018, and the red wave two (blue sub-waves a-b-c) correction ended on January 13 this year. If this wave count is correct, Decentraland should be heading next towards the December 3, 2018 peak in the red wave three.

(Chart courtesy of Tradingview.com (log scale))
Looking at the weekly chart, I believe Decentraland is currently in the red wave three (blue sub-wave

Steem Price Action – Bearish U-Turn Already? Volume Says Otherwise

Just a day ago I wrote about the price of steem working on a longer term bottoming formation.  However, within that you will have your moves up and down and one of those moves could even bust up the formation all together.
So let’s take a look at the reversal pattern we got due to yesterday’s candle close.

 Bearish U-Turn
I talked about the bullish u-turn pattern alot during the bull market, but right now we are discussing a bearish u-turn.
The gist of it is after two or more up days in a row the next candle trades above the previous day’s high