The V Shape Rally is Real

I will be the first one to be honest about kissing the beginning parts of this rally back to all time highs (pending). I nailed the breakdown in Q4 2018. I nailed the low on Christmas Eve. I did not hit the Rip back to highs. Once the 200 day was taken back without a single down week, the Bears has fumbled and the bulls were in full control.

New highs are practically inevitable at this point. This V was a massive velocity move that was faster than the down move. I am expecting new highs this week in fact.

Does The Guppy Work On Steem As Well???

The Guppy Multiple Moving Average (GMMA), developed by Daryl Guppy, an Australian trader is a technical indicator that identifies changing trends.  The GMMA combines two groups, a short-term and long-term set of moving averages with different time periods.

Another great feature of the GMMA is its ability to detect the strength of the trend. If the separation of the moving averages are wide, you typical have a strong trend. 

If the separation of the moving averages, typically denotes a weak trend. Lastly, no trend is denoted by the moving averages being flat/horizontal.

Yesterday, I talked about article from Coindesk regarding the

This week at the allotment – Sowing seeds, preparing the new greenhouse, digging and tidying.

Weve still been getting frosts so ive held off planting and sowing too much at the moment.
Took a trip to the garden centre to get some seeds and plants……

tomato’s potted on.

Sowed some seeds : Tomato, cabbage and sweetcorn. Using John innes potting compost.

give them a watering….

Then into the polytunnel. As its still cold on a night, ive put the tray on some blocks of polystyrene for insulation.

We aquired a new greenhouse last Autumn. We’ve now raised it on breeze-blocks to give a bit more height inside.

New water barrel.

Time to do a bit of tidying and digging… Thanks Max and Paddy 🙂

Pear tree in blossom.

ENJIN COIN: Possible one of the most bullish altcoins out there nowadays

I certainly believe that one of the entry gates of newcomers at the Crypto sphere is by means of the gaming industry. Models as Cryptokitties , Steemmonsters or more recently Drugwars among others are examples of success when talking about attracting new actors to the Ethereum, Steem or Tron blockchains.

However, these examples of games running using somehow partly the power of the blockchain are only a minimum expression of what the gaming industry is able to bring to the cryptoworld.Can you imagine popular games as Clash Royale or Fortnite running in decentralized way using the blockchain?I am sure these applications

Forex Price Action Baby, No Technicals or Fundamentals…Trade N/A – Passed On Selling EUR/CAD (4/14/19)

10,000 Ft View – 4 Hr Chart

Here’s why I decided to pass on this trade set-up:

I don’t like all this trading in this range, a sign of equilibrium between sellers and buyers.

The origin of the move down (yellow) couldn’t take out the previous lows (purple).

As of result of price action not taking out the previous lows, the Reward to Risk was only 2:1. I’m looking for a minimum Reward to Risk of 3:1, but ideally a minimum of 5:1.

However, the trade is working out at the moment, if price gets pass the immediate demand (red rectangle), the

Recommending Token Pocket App as your Wallet

I am recommending the Token Pocket App as the wallet of choice here. I have been using EOS Lynx and you can actually create an EOS account for $1 on lynx, HOWEVER Token Pocket allows multi chain and I can view my EOS account and my ETH account. This is big for me as I hold BAT and I can view it all from one place.

I believe I will be using this wallet going forward. I will still keep the others on hand but this one’s presently takes the cake!

My TIMM Trading Pit Commentary – Wk Of 4/15/19

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:

Which means the Euro can move higher.

Which means the US dollar can move lower.

Which means that the S&P 500 can move higher.

Bonds continue to break down from monthly and weekly supply above.

Gold

For those thinking of contributing to the Steem Monsters TRON crowdfund//

splinterlands_logo

The STEEM monsters crowdfund on the TRON blockchain (SEED Germinator) will commence tomorrow April 15. The tiers have been shared on this post.

LINK: https://steemit.com/sesameseed/@sesameseedorg/seedgerminator-update-to-splinterlands-listing-contributions-and-incentives

You can read the basic setup there, but this is the important bit here:

Increased Contribution Bonuses (any fractional amounts will be rounded up):
Addresses contributing 2,500 SEED or more will receive a bonus 10% additional SEED promo cards
Addresses contributing 5,000 SEED or more will receive a bonus 25% additional SEED promo cards
Addresses contributing 10,000 SEED or more will receive a bonus 50% additional SEED promo cards

Not to go into detail and complicate things further, the 10 000 SEED (Around 2000 STEEM) contribution is obviously the best choice which is why a few folks have been smart enough to make a POOL for everyone interested in contributing to the crowdfund. I put in 2500 SEED myself (around 550 STEEM).

Im going to leave the spreadsheet link here that explains what you need to do to join in. There is also the possibility of the pool being one of the bigger donors which could lead to getting a number of max cards.


https://docs.google.com/spreadsheets/d/18zOY7NtqYmJwwwdjKlISlMqXnIRtQHe0ZGN3NOotK_E/edit#gid=0

Pool discord invite with more info.

https://discord.gg/28Ttrr

Ill see you around. Keep on Steeming!

BITCOIN – 14 Apr

On 4hr chart, narrow range consolidating preparing for the next move, will it bounce up to test the triangle top again or break below the bottom and head for at least 4600 zone. Still bias toward break down and bear flag.
News: (Current) | (Upcoming)
Short term moving average (day candle) :
RSI :
Network Value to Transactions Ratio :105
Total marketcap :172
Dominance :52
Bitfinex Margin Long/Short Volume Ratio :
Depth Chart : (S) | (R)
Weekly Timeframe :

Crypto Contest April 14: Kcash

Kcash (Huobi: KCASHBTC) 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, Kcash began a wave one (blue sub-waves i-ii-iii-iv-v) advance on January 10. The red wave one finished on April 7, and the red wave two (blue sub-waves a-b-c) correction ended on April 11. If this wave count is correct, Kcash should be heading next towards the April 7 peak in the red wave three.

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

Funnymentals

Kcash is a safe and convenient digital wallet for blockchain assets. You can watch their introduction video below.

(Sources: Kcash and YouTube)

How can