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Month: January 2019

BITCOIN – looks like the pattern repeating

January 20, 2019 Published by

Mentioned about the repeat of the previous pattern in yesterday video and indeed today it happened. Finding support now around 3520 zone. Likely to consolidate awhile maybe light bounce around this zone. Possible 3 legged staircase pattern ahead into 3300 zone?
News: (Current) | (Upcoming)
Short term moving average (day candle) :
RSI :
Network Value to Transactions Ratio :116
Total marketcap :119
Dominance :52.5
Bitfinex Margin Long/Short Volume Ratio :
Depth Chart : (S) | (R)
Weekly Timeframe :

Crypto Contest January 20: PotCoin

January 20, 2019 Published by

PotCoin (Bittrex: POTUSD) 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, PotCoin began a wave one advance in January 2016. The red wave one (blue sub-waves i-ii-iii-iv-v) finished in November 2017, and the red wave two (blue sub-waves a-b-c) correction ended in December 2018. If this wave count is correct, PotCoin should be heading next towards the November 2017 peak in the red wave three.

(Chart courtesy of Tradingview.com (log scale))
Funnymentals
PotCoin is a digital currency for the cannabis industry and community. Cryptonomics covered the coin last year.

(Sources: PotCoin and YouTube)

If you

Crypto market signals stability

January 20, 2019 Published by

Whereas investor confidence was wavering and unpredictable during the 2018 bear market, 2019 is showing us a stable market which has so far supported sustainable growth.

From a bullish perspective this is a positive sign – and one which is hardly surprising. For the past year I have been attacking bearish sentiment on all fronts: the inane mentality that sells a long-term hold for short-term profit (akin to selling Microsoft shares in the early ’80s), negative sentiment towards crypto – a disruptive revolution in international finance, the total disregard of a plethora of positive and substantial 2018 crypto news etc.

I’ve given

Cancelled My USD/JPY Forex Limit Order On Friday

January 20, 2019 Published by

On Friday, I had a great set-up on the USD/JPY. Again, since I’m a forex swing trader, this new strategy will allow me to get into more trades. So, the set-up was the following:

Daily Chart (curve/range time frame) – daily candle in the middle of the curve, but price broke the recent pivot high (white dashed line).

4 Hr Chart (trend time frame) – the trend is up.

60 Min Chart (entry time frame) – the hammer candle (green circle around wick) indicated buy orders just below. But price never came back to my zone. The reason why I

The Sunday Recap – Down the Rabbit Hole 12

January 19, 2019 Published by

A lot to take in this week. Encountered a trader whose hard-nosed perspective on trading made even me blink a bit, came across a novel way to tackle the concept of ‘intellectual rights’, started an epic deep dive into BitTorrent, and lost far too much time gazing at a ‘visualisation’ of Bitcoin transactions. The bear grinds on as bears are sometimes want to do but this space keeps on giving to those who are willing to peer under the hood.
Twitter
Insightful and important insights into how our very ‘nature’ works against successful investing:


If you are considering become a day trader –

Follow Liberland on SoundCloud

January 19, 2019 (updated January 19, 2019) Published by

Episode 10 – Faisal Butt (Consul General for Pakistan)

In this episode our guest Faisal Butt, Liberland Consul General for Pakistan, discusses:

1) How he was detained twice on a Liberland-related mission
2) Why Liberland’s presence is spreading like wildfire in Pakistan
3) What it was like flying Air Liberland

Contact Faisal:pakistan@liberland.org

Follow the Liberland Show:
iTunes: itunes.apple.com/us/podcast/liber…2&ign-mpt=uo%3D4

Spotify: open.spotify.com/show/6oGiaY901GlfWbaFqgEEaF

*The podcast is hosted by Adam J. Carswell.

Unusual Options Activity In Freeport-McMoRan

January 19, 2019 Published by

Freeport-McMoRan (NYSE: FCX) engages in the mining of mineral properties in the United States, Indonesia, Peru, and Chile. The company primarily explores for copper, gold, molybdenum, silver, and other metals, as well as oil and gas. 

After a stellar 2017, FCX fell 46% in 2018 in large part to the drop in copper amid the US-China trade war.

As a result FCX received several downgrades from Wall Street in 2018.  The last downgrade was from RBC Capital, in November to “underperform” from “sector perform” and reduced their price target on FCX from $16 to $15.

FCX is expected to announce earnings on

When a Bullish Market?

January 19, 2019 Published by

…or better said, by when the reversal will be confirmed?

Honestly, I do not know with certainty but I can share with you what I think are really good and simple tools to assess this point:

The Crypto Total Market Cap, in a Daily timeframeThe 200 DMA lineThe “Volume Flow Indicator” by LazyBear

Essentially, the Market is in a Bearish Trend when, the 200 DMA keeps located above “Total Market candle Line” and the “Volume Flow Indicator” [VFI] keeps below the “0” line separating two scenarios.

So, to confirm the reversal trend we should have to see first, an “approach” of the “VFI”

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