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Day: January 27, 2019

BITCOIN: another possibility…

January 27, 2019 Published by

With such a tiny volume is being really difficult to find any indication that show us the next move of BITCOIN and so, the direction of the Market.

The positive view now is that BITCOIN is still within the correction of a first wave within an upwards cycle…hopefully.

BITCOIN may be forming just a long Bull-flag, ending the wave 2 as I show you below:

Breakage of this Bull-flag upwards could be on (d) or after rebounding on (e)…

The upper Dashed line is marking the limit… we have to pay attention to that line because it is very likely that BTC has already

BITCOIN: another possibility…

January 27, 2019 Published by

With such a tiny volume is being really difficult to find any indication that show us the next move of BITCOIN and so, the direction of the Market.
The positive view now is that BITCOIN is still within the correction of a first wave within an upwards cycle…hopefully.
BITCOIN may be forming just a long Bull-flag, ending the wave 2 as I show you below:

Breakage of this Bull-flag upwards could be on (d) or after rebounding on (e)…
The upper Dashed line is marking the limit… we have to pay attention to that line because it is very likely that BTC has already

BTC update

January 27, 2019 Published by

This post is based on my last BTC post of 24 Jan

In that post I discarded my previous converging triangle and proposed that BTC was forming a bull flag.

Looking at the recent developments of the last week, I have a modification to that theory:

BTC once again appears to be forming a converging triangle. It has not yet broken out of the channel I described in my previous post and is thus still forming the bull flag. Shown below is the chart I used in my previous post:

From https://mentormarket.io/bitbrain/btc-24-jan-a-change-of-direction/

BTC remains range bound, so the bull flag remains in play for now.

Did EOS just release the name of its’ Steemit 2.0? $EOS #eos #steem

January 27, 2019 Published by

Rumor circulating around that the new social network built on top of the EOS blockchain is going to be called…
MEOS
Does anyone have ay more information on this and what it is suppose to be like? We all knew Dan was working on another social site, but is this the one he was talking about? If you know of anything I am missing leave it in the comments!
Thanks

Unusual Options Activity In Advanced Micro Devices

January 27, 2019 Published by

AMD had a great 2018, was at one point the highest returning stocking in percentage through most of the year, until October. You see, in October, AMD reported their revenue of $1.4 billion to $1.5 billion for the fourth quarter vs revenue expectations of $1.6 billion. Their forecast was also short of expectations. This news sent the stock price crashing down.

This past week Intel reported earnings that missed Wall Street’s revenue targets and forecast the next quarter that would be lower than Wall Street estimates as well. Thus, the stock sold off 4%.

Most investors in the tech world

What actually matters in the Cryptocurrency Evolution

January 27, 2019 Published by

Cryptocurrency is the next internet. Most of us heavily involved, or trying to get heavily involved, in crypto application and dApps know this. We are the believers. The 2% in my opinion. After the most recent bubble, the public is just now starting to figure out that Crypto is the real deal (and believe me there are still many doubters) and the tipping point was made.
The Question is, how do you find the real winners that will change the world?
What you want to be looking for is projects being used in real life applications. What projects are actually being utilized

BITCOIN

January 27, 2019 Published by

And indeed it tested the bottom of the channel, let see if there will be a bounce. On hourly chart, possible bounce ahead maybe light one. NVT getting up again not good., might even head to test bottom of big symmetrical triangle again which 3450 must hold for triangle to stay valid.
News: (Current) | (Upcoming)
Short term moving average (day candle) :
RSI :
Network Value to Transactions Ratio :130
Total marketcap :118
Dominance :52.7
Bitfinex Margin Long/Short Volume Ratio :
Depth Chart : (S) | (R)
Weekly Timeframe :

Crypto Contest January 27: Pal Network

January 27, 2019 Published by

Pal Network (Bittrex: PALBTC) 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, Pal Network began a wave one advance on November 25, 2018. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on December 28, 2018, and the red wave two (blue sub-waves a-b-c) correction ended on January 25 this year. If this wave count is correct, Pal Network should be heading next towards the December 28, 2018 peak in the red wave three.

(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Pal Network is decentralizing insurance. BlockchainBrad interviewed the CEO back in November

Metal Analysis Report 1-26-19…$1330 In Sight

January 27, 2019 Published by

I last posted about Gold two weeks ago,

Goldman Sach Just Jumped On The Wagon

Goldman Sachs Group Inc. is leading a pack of bullish voices cheering for gold. The bank’s analysts led by Jeffrey Currie raised their price forecast for gold, predicting that over 12 months the metal will climb to $1,425 an ounce — a level not seen in more than five years.

Gold had an amazing day, increasing a little over $18 on Friday. Gold finished the day above $1,300 again at the highest since June. As you know, Gold is a safe haven, so the recent shutdown issues

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