Bitcoin Technical Analysis: QUICK UPDATE

Bitcoin is being squeezed within a small wedge, hovering right around $3,800. Volume has tapered off over the past 24 hours.

In today’s video analysis I discuss, where price my be heading next, traps to avoid, key areas to watch and so much more. I hope you find it helpful.

Video Analysis:

If you don’t see the above video, navigate to TIMM (https://mentormarket.io/workin/) or Steemit in order to watch.

I hope this has been helpful. I’d be happy to answer any questions in the comment section below. Until next time, wishing you safe and profitable trading!

Workin

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Shanghai Exchange…Don’t Call It A Comeback

Shanghai Exchange ended 2018 as the world’s worst market performer for a second year, falling 25% over 12 months as the trade war between China and the United States weighed on the Chinese economy.

China’s economic growth slowed to 6.5% in the third quarter, the slowest pace since quarterly data began to be compiled in 1992.

Source

So why did the exchange have its best week last week in four years.  Thanks to optimism over U.S.-China trade talks, the two sides reportedly met for more than nine hours Thursday of last week President Trump and on Sunday Trump twitted an extension to the

BITCOIN – 27 Feb

On 4hr chart, possible channel and testing channel bottom, gut feel like to drop below to form the 2nd leg staircase down pattern while heading to test the big triangle bottom.
News: (Current) | (Upcoming)
Short term moving average (day candle) :
RSI :
Network Value to Transactions Ratio :132
Total marketcap :130
Dominance :52
Bitfinex Margin Long/Short Volume Ratio :
Depth Chart : (S) | (R)
Weekly Timeframe :

Tried out Trybe // Not impressed.

Few days ago @anotherjoe pointed me towards Trybe as another site where i could post my stuff and do all the fine things you do on sites similar to this.
I say “sites similar to this” because today i read a comment made by @officialfuzzy on Whaleshares that said this:

p.s. you will not find blogs from me on this site (Whaleshares) as it is not a blogging platform in the end vision. once we are out of beta people will understand.

After that comment i went on to read the Whaleshares whitepaper and i still didnt see Whaleshares being something more then a social media blogging platform. But! Since Fuzzy wrote that, i will henceforth use the adjective “similar” to describe what im talking about as to stop myself from being wrong and lacking in understanding. lol.

Anyways…

I tried out Trybe and right off the bat i ran into a number of things that annoyed me.
There were art assets overlapping, the screen load was choppy and parts of the window would move up and down for no reason. The page never loads all at once but rather in parts.

Two screenshots of the same page 2 seconds in-between.
Art asset placement seems very different.


Looking at the initial screen and menus, everything seemed extremely convoluted and instead of me being able to find my blog right away, they placed “job board” on the front page and your blog link is placed somewhere inside the side menu. The right side menu, not the left one.

Even when you get to your blog page theres more clickable links and windows that you can watch slowly load by clicking them. Everything is just too large and hard to navigate and theres at least 40% clickable links that shouldnt even be there that are simply cluttering the UI.

Did i say how annoyingly slowly the pages load? They even change color when they load lol.

Want to see some more dumb design decision?


Here you go

Which designer (and mind you the site hardly looks like its in a alpha state) thought it would be a good idea to have so much spacing between comments that only two 10 word comments fit on my whole screen? You can literally park a bus in the space between those two comments…

Actual bus caught parked in the Trybe comment section.

Even making a post feels strange. Theres a review process so you always feel like someone is watching. The always present support window doesnt help with that feeling. I dunno, i just dont feel comfortable writing there.

When you do post, your post can be found in 3 states. Published, in review, draft. Click and wait through more page loads to find where you post is at. I counted.. Takes me about 3 seconds to load and i have super fast internet.

There are some rules to follow and im assuming they check the content before allowing you to post something. Hello censorship! (im tempted to try and see the limit of what youre allowed to write about.) You have to meet the 300 word minimum requirement and you have to put a featured image or they reject the post. Why they couldnt simply automate that the text cant be posted if those two requirements werent met so i dont have to wait for the review, is beyond me. I guess they dont want unwanted content on their site.

Browsing content itself is unintuitive as and of course its tied into the slow page loading time so i didnt even bother trying.

And there you have it. Pretty disappointing experience i probably wont repeat.

PS: Im not someone that will speak negatively about a platform because i might hold STEEM or WLS instead of EOS. I would have very much wanted Trybe to be another place to post on and learn new stuff but unfortunately the user experience is simply bad.

Ill see you guys around. 😉

$NIO is a BUY!

I missed it, but I am watching like a hawk. I have seen this name a few times a did a little research this morning. I did not watch the 60 Minutes special on it but it gave it the boost over major resistance yesterday that it needed. The follow through today is large and I expect this to continue ahead as the momentum is intact and IPO highs are much higher.

Thanks to @allstarcharts for introducing this to me, “the longer the base, the higher in space”. This one is going up. You can see the immediate pump off

Unusual Options Activity In Amarin

Five months ago I talked about Amarin and their Vascepa drug,

Amarin…A Potential 5X Bagger With Fish Oil

Vascepa, a drug derived from fish oil, has been on the market in the U.S. since 2012, but has only managed about $100 million in sales for in 2018 thus far. However, the results obtained last week, opens up a whole new market for the Vascepa. Amarin has suggested that Vascepa could now generate up $2 billion in sales.

Vascepa is the only fish-oil product of its kind on the market, costing only $1500/yr, but as low as $3 / month with insurance.

Crypto Contest February 26: Quant

Quant (Bittrex: QNTBTC) 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, Quant began a wave one advance on January 30. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on February 14, and the red wave two (blue sub-waves a-b-c) correction ended on February 24. If this wave count is correct, Quant should be heading next towards the February 14 peak in the red wave three.

(Chart courtesy of Tradingview.com (log scale))

Funnymentals

Quant Network is connecting the world’s networks to blockchain with just three lines of code. You can watch

I finally have sustainable voting power // Steemvoter

Lately i have been having trouble keeping my voting power from draining fast. At one point i dropped to under 60%.
You work hard to build up your few cents never to see your full vote drop.

I was supporting a few folks via SteemVoter that post multiple times a day and my VP was falling rapidly.

I tweaked a few things and i seem to be recovering my VP slowly. The problem is that i cant know for sure how many times someone will post a day so i would love to see @steemvoter / @buildteam add an option of being able to choose how many times a day my vote goes out.
That would allow much more customization and a better experience overall.

Maybe you want to vote someone always 100% no matter what. Great. Maybe you want to vote someone 2 times a day for 100%. 4 times a day at 50%.

An option like that would allow us to have more control over our voting power and that is something that i would most definitely like to see.

You could even monetize added functions like this. Provide the basic service to everyone for free, but charge a few Steem a month for a more customized experience.

Im a relatively small account and my curation is just a small part of my income here, but im sure there are large curator accounts that would love having a higher level of customization and would probably pay for it. The feature i mentioned is just one among few that could be added to the payed package.

One day i shall see my VP over 90%. haha.

Ill see you guys around. 😛

Ignore my suggestions – at your own peril

Today I’ll say very little. I’ll let Bit Brain of the past do the majority of the talking. But before I start quoting…

This is Enjin Coin today:

From https://coinmarketcap.com/currencies/enjin-coin/#charts

Enjin Coin (ENJ) – the little wallet that could, the gaming platform, the inventor of the ERC-1155 token – is moving. Fast! News of the wallet and its capabilities is making big waves, and that’s only the start of this powerful multi-faceted gaming coin!

Now what was I saying about quotes?

“Enjin Coin (ENJ) – Enjin has existed as a gaming platform for several years and is already well respected by the gaming community.