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Month: February 2019

Crypto Contest February 11: Ark

February 11, 2019 Published by

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

(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Ark aims to create an entire ecosystem of linked chains and a virtual spiderweb of endless use-cases that make ARK highly

$SPX Weekly Outlook: Neutral to Bearish

February 11, 2019 Published by

The US market has made the significant rally that was expected off the lows. The target was always the 200 day MA for starters and last week this target was essentially reached. I did not think it would happen this fast and this straight of a line, but the market doesn’t care what I think.

We are now overbought on momentum and I believe THIS AREA is where the continuation of the trend will be decided. ‘‘Tis very possible to chop in between the 2650 and 2800 area for multiple weeks. I believe the best case for the bulls is some

$SPX Weekly Outlook: Neutral to Bearish

February 11, 2019 Published by

The US market has made the significant rally that was expected off the lows. The target was always the 200 day MA for starters and last week this target was essentially reached. I did not think it would happen this fast and this straight of a line, but the market doesn’t care what I think.

We are now overbought on momentum and I believe THIS AREA is where the continuation of the trend will be decided. ‘‘Tis very possible to chop in between the 2650 and 2800 area for multiple weeks. I believe the best case for the bulls is some

ScaredyCatGuide to Being Ambitiously Lazy

February 11, 2019 Published by

The title kind of seems like an oxymoron. How can someone be both ambitious and lazy, wouldn’t one effectively cancel out the other?

Let me ask you something:

Do you consider yourself ambitious?
Do you consider yourself a hard worker?

Do those the two terms go hand and hand?
I contend they do not!
 
Ambitiously Lazy
Most people consider me ambitious, they also consider me to be a hard worker. They have this idea that I’m hustling all the time because I have the ambition to pursue multiple things.
This may have been true in my twenties, but in my late thirties – not so much!
“I’m too old

ScaredyCatGuide to Being Ambitiously Lazy

February 11, 2019 Published by

The title kind of seems like an oxymoron. How can someone be both ambitious and lazy, wouldn’t one effectively cancel out the other?

Let me ask you something:

Do you consider yourself ambitious?
Do you consider yourself a hard worker?

Do those the two terms go hand and hand?
I contend they do not!
 
Ambitiously Lazy
Most people consider me ambitious, they also consider me to be a hard worker. They have this idea that I’m hustling all the time because I have the ambition to pursue multiple things.
This may have been true in my twenties, but in my late thirties – not so much!
“I’m too old

My TIMM Trading Pit Commentary – Wk Of 2/4/19

February 11, 2019 Published by

TIMM (Traders’ & Investors’ Mentor Market) provides the tools analysts need to share their insights in a central location, TIMM becomes a market where traders and investors can shop for the insights they’re looking for. The Trading Pits are, in some ways, the main meeting place for TIMM. Here you will see folks sharing insights and asking questions about markets

Commentary from this past week includes:

Nice set-up to short the Aussie Dollar on the 60 min chart.

Equity markets should be headed higher from here….this is the Dow futures I was looking at and the level I liked.

“W” pattern forming on

My TIMM Trading Pit Commentary – Wk Of 2/4/19

February 11, 2019 Published by

TIMM (Traders’ & Investors’ Mentor Market) provides the tools analysts need to share their insights in a central location, TIMM becomes a market where traders and investors can shop for the insights they’re looking for. The Trading Pits are, in some ways, the main meeting place for TIMM. Here you will see folks sharing insights and asking questions about markets

Commentary from this past week includes:

Nice set-up to short the Aussie Dollar on the 60 min chart.

Equity markets should be headed higher from here….this is the Dow futures I was looking at and the level I liked.

“W” pattern forming on

My TIMM Trading Pit Commentary – Wk Of 2/4/19

February 11, 2019 Published by

TIMM (Traders’ & Investors’ Mentor Market) provides the tools analysts need to share their insights in a central location, TIMM becomes a market where traders and investors can shop for the insights they’re looking for.
The Trading Pits are, in some ways, the main meeting place for TIMM. Here you will see folks sharing insights and asking questions about markets
Commentary from this past week includes:
Nice set-up to short the Aussie Dollar on the 60 min chart.

Equity markets should be headed higher from here….this is the Dow futures I was looking at and the level I liked.

“W” pattern forming on the Euro…on the 15

The Sunday Recap – Down the Rabbit Hole 15

February 10, 2019 Published by

While the price of Bitcoin continues to flatline the crypto space is anything but static. This week, Ari Paul reconsiders the assumptions underlying the pace of coming institutional investment. The Bitcoin maximalist among BTC maximalists, Murad Mahmudov issues a short-term bearish forecast. EOS gets the stamp of approval from Pantera Capital and decentralisation proves a far more complex endeavour than often portrayed.

As always, the posts are selected for the interest and thoughtful perspectives they offer. I don’t necessarily agree with each and every one of them.

Twitter

Twitter

Institutional involvement unpacked by Ari-Paul (recommended):

I didn’t talk to many institutional investors in the

LITECOIN: willing to break the 200DMA

February 10, 2019 Published by

For those who maybe missed my previous post about LITECOIN lately, just tell you that in my opinion there is no other big crypto showing better indications of REVERSAL than LITECOIN.

Actually, Friday’s BITCOIN rise was first leaded or noted by LITECOIN. LITECOIN showed the path and the whole market follow the trend.

Today, LITECOIN seems to resume the upwards trend.

Looking for a feasible EW-count we may have the following scenario:

Assuming the last rise as a (iii)rd wave, LTC seems resuming the movement upwards, building now the (v)th, everything ascribed within a 3rd bigger wave.

Conservatively, if we assume that waves 1

February 2019
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