Crypto Analysis Report 2-10-19…Bitcoin Catching Bids

The last time I spoke about Bitcoin was back in late December,
Crypto Analysis Report 12-30-18…Has Bitcoin Bottomed???

After coming within $200 of pivot low that was established back in Sept of 2018, buyers have stepped up their game. However, the crucial level remains the daily supply at $4500. If price can breached that level, price has a chance of moving higher.

On February 8th, the crypto market experienced a strong $10 billion recovery from $111 billion to $121 billion, breaking out of a three-week stalemate.

It is not only a matter of technicals and flows. Fundamentals may be in play

Crypto Analysis Report 2-10-19…Bitcoin Catching Bids

The last time I spoke about Bitcoin was back in late December,

Crypto Analysis Report 12-30-18…Has Bitcoin Bottomed???

After coming within $200 of pivot low that was established back in Sept of 2018, buyers have stepped up their game. However, the crucial level remains the daily supply at $4500. If price can breached that level, price has a chance of moving higher.

On February 8th, the crypto market experienced a strong $10 billion recovery from $111 billion to $121 billion, breaking out of a three-week stalemate.

It is not only a matter of technicals and flows. Fundamentals may be in play

Crypto Contest February 10: UpToken

UpToken (Bittrex: UPBTC) has broken out of the triangle pattern in the four-hour chart.

(Chart courtesy of Tradingview.com (log scale))
Elliott Wave Analysis
In Elliott Wave terms, UpToken began a wave one advance on November 26, 2018. The red wave one finished on December 12, 2018, and the red wave two correction ended on January 10 this year. The red wave three (blue sub-waves i-ii-iii-iv-v) advance finished on January 18, and the red wave four (blue sub-waves a-b-c) correction ended on February 9. If this wave count is correct, UpToken should be heading next towards the January 18 peak in the red wave five.

(Chart courtesy

Crypto Contest February 10: UpToken

UpToken (Bittrex: UPBTC) has broken out of the triangle pattern in the four-hour chart.

(Chart courtesy of Tradingview.com (log scale))
Elliott Wave Analysis
In Elliott Wave terms, UpToken began a wave one advance on November 26, 2018. The red wave one finished on December 12, 2018, and the red wave two correction ended on January 10 this year. The red wave three (blue sub-waves i-ii-iii-iv-v) advance finished on January 18, and the red wave four (blue sub-waves a-b-c) correction ended on February 9. If this wave count is correct, UpToken should be heading next towards the January 18 peak in the red wave five.

(Chart courtesy

BITCOIN

Still on consolidation toward the previous big triangle bottom around 3600 zone. Possible 2nd leg up to test big channel top resistance around 3800 zone.
News: (Current) | (Upcoming)
Short term moving average (day candle) :
RSI :
Network Value to Transactions Ratio :130
Total marketcap :120
Dominance :53.1
Bitfinex Margin Long/Short Volume Ratio :
Depth Chart : (S) | (R)
Weekly Timeframe :

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Drops – Macrophotography

Outside after the rain. Nice and damp.



Categorymacrophotography
Camera ~ LensNikon D3400 DSLR ~ 18-55 mm
LocationAustralia

Giveaway ?
2 SBI share. Winner will be chosen randomly after post payout.

Prompt / Theme: What do you like about rain?  To walk in it? Stay inside?

Rules:
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  • Comment a reply directly to this post within 7 days. A genuine (family friendly) comment responding to the theme / prompt is required.
  • Posted or Commented 5 or more times during the week this post is active.
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Thanks for having a look ?

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SteemMonsters

Liberland Show

In this episode, Jana, the First Lady of Liberland, discusses:

1) What led to the founding of Liberland on April 13, 2015
2) How she first fell in love with Liberland
3) How art and the study of the human body have given her a unique leadership perspective

Contact Jana:
Instagram – www.instagram.com/janamarkovicovaliberland

Follow the Liberland Show:
iTunes: itunes.apple.com/us/podcast/liberland-show/id1442988844…

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

*The podcast is hosted by Adam J. Carswell.