STEEM – possible TD9 bounce

Next powerdown liquid from steemit today. TD9 forming today, possible reversal, hmm bumping up price for dump ?  Testing resistance 830 zone, likely to break and move up (limited though) if btc doesn’t break downside of the current consolidation.
stockpile for short : high (more slow bleed)
Short term moving average (day candle) :
RSI :
SBD/STEEM :
Weekly Timeframe :
24hr change :
Marketcap :88
Volume :376
Current supply :
Total supply :
Debt Ratio :
Daily supply :
Total account :

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Bitcoin Technical Analysis: BULLS STRUGGLE… IS A LARGER MOVE COMING?

Bitcoin continues to bounce on top of the $3,400 support (on Coinbase). Volume has been declining over the past 48 hours.

Zooming out on the weekly chart, we get much better perspective on just how bearish this overall trend has been. Price broke below the $3,600 support. When it tried to break back above, $3,600 began to act as a strong resistance. The weekly chart suggests price may retest the prior low of $3,130 (on Coinbase). I’m not saying it will, but it’s a very real possibility. I discuss this much more, as well as the bullish scenario, in my video

Bitcoin Technical Analysis: BULLS STRUGGLE… IS A LARGER MOVE COMING?

Bitcoin continues to bounce on top of the $3,400 support (on Coinbase). Volume has been declining over the past 48 hours.

Zooming out on the weekly chart, we get much better perspective on just how bearish this overall trend has been. Price broke below the $3,600 support. When it tried to break back above, $3,600 began to act as a strong resistance. The weekly chart suggests price may retest the prior low of $3,130 (on Coinbase). I’m not saying it will, but it’s a very real possibility. I discuss this much more, as well as the bullish scenario, in my video

The Sunday Recap – Down the Rabbit Hole 14

The purpose of this weekly series is to recap some of the compelling ideas and concepts across a wide range of disciplines which each and every week in crypto brings to light. This is a wonderful space to explore but also demands a lot of time, effort and focus to actually make some sense of.
It’s important to note that not every idea here reflects my own bias or opinion. If it’s here, it’s because it made me think.
The standout highlight for me this week was discovering the extent of the growth of the lightning network not just in terms of

The Sunday Recap – Down the Rabbit Hole 14

The purpose of this weekly series is to recap some of the compelling ideas and concepts across a wide range of disciplines which each and every week in crypto brings to light. This is a wonderful space to explore but also demands a lot of time, effort and focus to actually make some sense of.
It’s important to note that not every idea here reflects my own bias or opinion. If it’s here, it’s because it made me think.
The standout highlight for me this week was discovering the extent of the growth of the lightning network not just in terms of

The Sunday Recap – Down the Rabbit Hole 14

The purpose of this weekly series is to recap some of the compelling ideas and concepts across a wide range of disciplines which each and every week in crypto brings to light. This is a wonderful space to explore but also demands a lot of time, effort and focus to actually make some sense of.
It’s important to note that not every idea here reflects my own bias or opinion. If it’s here, it’s because it made me think.
The standout highlight for me this week was discovering the extent of the growth of the lightning network not just in terms of

BITCOIN – consolidation weekend

Weekend dunno where to go pattern. Possible mini up channel or symmetrical triangle in the making on 4hr chart. Possible test of channel/triangle bottom around 3390 zone. Let see if it can close of the week candle near open around 3520 zone for the tri star pattern. Margin shorts pullback a little.
News: (Current) | (Upcoming)
Short term moving average (day candle) :
RSI :
Network Value to Transactions Ratio :130
Total marketcap :114
Dominance :53.4
Bitfinex Margin Long/Short Volume Ratio :
Depth Chart : (S) | (R)
Weekly Timeframe :

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The Steem Price Optimistic Scenario

By now means am I saying I think this will happen, but technically the possibility is there.  What exactly is it I’m speaking of….
Higher Highs and Higher Lows
In order to have an uptrend price needs to make higher highs followed by a higher low and then a higher high.  (say that three times fast).

Looking at the daily price chart of steem you see we had our last high (which marked the bearish u-turn I called out) and the subsequent selloff to where we are now.
Price has started to turn a little here and if we see any follow through higher

The Steem Price Optimistic Scenario

By now means am I saying I think this will happen, but technically the possibility is there.  What exactly is it I’m speaking of….
Higher Highs and Higher Lows
In order to have an uptrend price needs to make higher highs followed by a higher low and then a higher high.  (say that three times fast).

Looking at the daily price chart of steem you see we had our last high (which marked the bearish u-turn I called out) and the subsequent selloff to where we are now.
Price has started to turn a little here and if we see any follow through higher

Zayo…Potential Buyout Coming By Mid-March

Zayo Group Holdings, Inc. (ZAYO) through its subsidiaries, provides bandwidth infrastructure solutions for the communications industry in the U.S., Canada and Europe.   Customers include wireless and wireline carriers, media and content companies and finance, healthcare and other large enterprises.

A high frequency trading firm recently selected Zayo Group Holdings, Inc. (ZAYO) for an ultra-low latency (ULL) solution in the the New York/New Jersey financial corridor which will allow them to execute it high frequency trading strategy, where having a microseconds edge makes the difference of racking up multi- millions of dollars in profits. 

NOTE: that’s another topic for a later time.

Last week,

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