Bitcoin and EOS Analysis: Quick Update

Bitcoin continues to trade within a tightening range. Volume is steady.

EOS is consolidating right below major resistance. Price is being squeezed with a series of lower highs and higher lows.

In today’s analysis I discuss where prices may be heading next, traps to avoid, how I’m trading and much more. I hope you find it helpful. Please forgive my voice…I’m still fighting a terrible cold that’s kicking my ass.

Video Analysis:

If you don’t see the above video, navigate to TIMM ( or Steemit in order to watch.

I hope this has been helpful. I’d be happy to answer any questions in the comment

Posting from @scripsio

And yes! finally, with the help of the excellent developers of the SCRIPSIO team seems that from now on I can post my thoughts using this site.

I am still setting up my account but it seems quite easy and straightforward for the moment.

Really surprised for what it seems to be a good user friendly environment for bloggers willing to use a more advanced features for writing, editing, posting and spreading your blog not only at the Steem blockchain but also at other platforms as twitter.

Well done @scripsio !

…and thanks for your support.

Are You Ready For 5G??? – Part 2

Yesterday, the U.S. Justice Department has told T-Mobile US Inc and Sprint Corp that it opposes their planned $26 billion merger in its current form.  A biggest issue being that if approved it would reduce the number of national wireless carriers available to consumers from four to three.  The thought is if there is less competition, consumers are susceptible to higher prices, in this case higher cell phone bills. 

However, T-Mobile position is the combined company would build be better and faster at building 5G in order to compete with AT&T and Verizon.  In additional, T-Mobile and Sprint have the support

HOLOCHAIN and ENJIN COIN Short Term Targets

I have spoken already about HOLOCHAIN and ENJIN Coin, I am super bullish with these two projects both of them having a very promising future in my opinion.Despite the erratic movement of the crypto market theses days I think both of them have signals of bullish rise right now.By one side we have ENJIN Coin, token of the ENJIN ecosystem for gaming projects, is really showing a good performance lately.

ENJIN COIN seems to have completed already its 4th correcting wave. Remains one last wave upwards to complete the cycle. I have placed my target close to the All Time High

BITCOIN – 17 Apr

On 4hr chart, seem like the short sell off didnt have much strength yet, bulls quickly come in to buy up the price, still consolidating within the bear flag. stoch price bear divergence, possible reversal around 5200 zone resistance. Might still have some FOMO pushing it up till 5400 again before the next pullback. Drew third angle for possible ascending triangle with the recent low, consolidation still possible as this new angle give a long time till apex.
News: (Current) | (Upcoming)
Short term moving average (day candle) :
Network Value to Transactions Ratio :109
Total marketcap :176
Dominance :52.3
Bitfinex Margin Long/Short Volume Ratio

UnitedHealth Care Is On The Dog List

One of the major themes going into the 2020 presidential, at least by the Democrats will be the “Medicare for All” proposals. For example, Senator Bernie Sanders of Vermont is calling for government-run health care as a way of covering more people.  He’s even signaling out companies like UnitedHealth.

And last week, Sanders specifically called out UnitedHealth, saying in an April 12 tweet “your greed is going to end.”

UnitedHealth is one of the largest health-insurance providers services roughly 50 million people with revenue of $226.2 billion last year. It also operates physician practices, sells consulting and data services, and administers drug

And there you have it folks… $QQQ All Time Highs

I said it was likely happening this week, and we are Wednesday. The Nasdaq has now hit an intraday all time high. Expect a chop from now until the end of summer. The IWM is not participating as much but I feel the SPX and NDX are up enough that the big boy bids put in for vacation will hold the market up for the next few months.

Once the 200 day MA was taken back my view shifted in real time and this was confirmed with the pullback and hold within days after the overtaking of the 200 MA.

Buy Low, Sell High – or just Buy High

“Buy Low, Sell High” is the most simple and most fundamental rule of trading.

It’s amazing how much FOMO and FUD can affect that simple rule, too often people do the exact opposite: chasing the train after it’s left the station or panic selling a price drop near the bottom. But I’m not here to speak about trader psychology today, I’m here to speak to you about another not-quite-as-simple trading strategy: Buying High.

Obviously Buying High and Selling Low is a bad idea, that much anybody can tell you. But what about just Buying High and not selling? I believe that there are

Marathon Oil Corp. Gets Upgraded

Marathon Oil Corporation operates as an energy company in the United States, Equatorial Guinea, the United Kingdom, and Libya. The company engages in the exploration, production, and marketing of crude oil and condensate, natural gas liquids, and natural gas.

Marathon Oil (NYSE: MRO) is among the leaders in the Eagle Ford Shale. The company pumped 107,000 BOE per day from the region during the fourth quarter of 2018. Marathon’s focus in recent years has been on improving its drilling efficiency. That was on full display last year as its oil output in the Eagle Ford rose 7% even though it bought