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Month: January 2019

STEEM – let’s see the price reaction from the incoming 2.6mil powerdown steem

January 19, 2019 Published by

Seem like the momentum is tampering around 1073 resistance, around the possible 2nd legged staircase pattern, maybe a 3rd leg into next resistance around 1150~1200.
Crazy high volume mostly to/from korean exchange.
steemit powerdown, first batch liquid steem 2.6mil to be available 20 jan. Let’s see if it can be absorb by the buying volume.
stockpile for short : high (more slow bleed)
Short term moving average (day candle) :
RSI :
SBD/STEEM :
Weekly Timeframe :
24hr change :
Marketcap :119
Volume :3128
Current supply :
Total supply :
Debt Ratio :
Daily supply :
Total account :

?BITCOIN – TRIANGLE BREAKOUT, SIMILAR PATTERN AHEAD ? | $WAVES TRADE

January 19, 2019 Published by

 
On 4hr chart XBT, breakout from triangle, lucky i didn’t short yesterday. Got a gut feel that it might just bounce to do a ascending triangle pattern and indeed it happened. Notice a similar pattern forming, will it repeat again ?
create FREE steem account (worth 3 steem) : http://bit.ly/share2steem_yt1
You post content on social media anyway, why not post and Earn…

Steem Rallies 70+% on @steemit Full Power Down…EMBRACE THIS #crypto #blockchain

January 19, 2019 Published by

You can’t make this up folks. I have been saying this for months, in fact many have been saying this for a while. And now the MARKET has reacted to it. While EVERYONE (many) on Steem blockchain moan and groan about @steemit powering down, I am like…

Steem immediately went straight up over the next 6 days once @steemit started the full powerdown. The MARKET loves this. For a reaction of 70+%, you can’t argue with the price. If you have been around markets (all markets rhyme) then you know that PRICE is what matters. This news is positive, don’t let

Crypto Contest January 19: BitShares

January 19, 2019 Published by

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

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

All Eyes On Brazil’s Bolsonaro

January 19, 2019 Published by

Brazil stocks have been rallying since Bolsonaro’s presidential victory in October last year. 

While the global equity markets tanked in the fourth quarter, the Brazil’s Bovespa index gained 11% in the final quarter of 2018.  Brazil’s economy has struggled for growth in recent years.  Brazil also has massive pension issues.  For example, Brazil’s current retirement age is 60 for men and 55 for women which has has put a strain on the system. But global investors think Bolsonaro will make the changes necessary to help and grow the country’s economy again.

The most popular Brazilian ETF, iShares MSCI Brazil, EWZ, rose

How to Mitigate a Potential Real Estate Market Down Turn

January 18, 2019 Published by

Let’s face it, this real estate market cycle is getting a little long in the tooth.  It doesn’t necessarily mean the market is going to crash, but the odds of us being in the late innings of a growth cycle are ever increasing.
How to Mitigate a Potential Market Down Turn
There are a few things I’d like to point out that may make sense to do in our current market so you don’t get caught with your pants down when the tide goes out to sea.
Mind Your Leverage
There are times to be aggressive and lever up and times to play it

$SPX Weekly Outlook: NEUTRAL… $QQQ $IWM $DJI

January 18, 2019 Published by

US Markets have ripped higher to start the year. This is the best start to the Russell 2000 since 1987 (pun intended). We are halfway into the first month of the first quarter and the Bull is Back in Gear!

Although this was quite the V-Shaped rally that, NO ONE expected (which is exactly why it happens), we are still in a very neutral to bearish area. You can see the V-shape, panic buying, that has progressed over the past few weeks.

All of this buying to get back to HEAVY RESISTANCE (at 2680), and the DECLINING 200 Day MA at 2760.

BTC 18 Jan – Medium to Long-term forecast updates

January 18, 2019 Published by

This post is a look at how we are doing based on previous forecasts, and consequently what we can expect in the medium to long-term future.

A Bit Brain original

BTC 18 Jan – Medium to Long-term forecast updates

On 15 Jan I published a medium-term BTC forecast. The chart below is taken from that post, unmodified but for the candles that have been added since then.

So far the post holds true, BTC is still in a tapering triangle, fast approaching the breakout zone. It will reach the breakout zone approximately 24 hours from now. From that point onwards a breakout becomes likely,

STEEM – whose buying the pump

January 18, 2019 Published by

Steem price been pumping after the last post mentioned about steemit powering down 34mil steem. Could it be the pump up of steem first so they can sell higher when the liquid steem is available, 1st batch 2.6mil steem. Don’t see any huge individual buy, lots of volume going to/from korean exchange. I did set some on manual trail stop and got triggered when it came down below 900. Then it hold around 885 and bounce back and just awhile ago break even higher into 1050.
Base on previous spike pattern, it will rally around 200-300+ points before sharp sell off

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