Forex Price Action Baby, No Technicals or Fundamentals…Trade #13 – Sold AUD/SGD (5/19/19)

10,000 Ft View – Weekly Chart

Lets zoom for a closer look at the trade set-up on the 4 hr chart. What I like about the set-up is price formed a level on level (supply on top of supply) and there were enough sellers to push price below the most recent pivot low.

Here is a closer look at the zone.

This post is my personal opinion. I’m not a financial advisor, this isn’t financial advise. Do your own research before making investment decisions. 

Bitcoin, EOS, BNB, BAT, ETH, LTC and XRP Analysis: Quick Update

The bulls have stepped up, pushing bitcoin from $6,600 to $8,150 over the last 48 hours. Currently it’s trading around $8,000.

In today’s video I analyze Bitcoin, EOS, BNB, BAT, ETH, LTC and XRP. I discuss where prices may be heading next, 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

If you found

BITCOIN – 19 May

And we have the mini ascending triangle breakout with a big bounce candle on 4hr chart. Almost hitting the possible HS right shoulder target too. Will it start to head down and test the HS neckline around 7200 zone again? or will it continue the rally to test the next major resistance levels around 9600 zone? Possible big up channel, like the one we had from 4800 to 5800, despite the multiple times of overextended it just kept pushing higher. Also possible bull flag.
News: (Current) | (Upcoming)
Short term moving average (day candle) :
RSI :
Network Value to Transactions Ratio :101
Total marketcap

Cryptocurrency Relative Strength Analysis Report For Week Starting 5/19/19

When you think about Cryptocurrencies, one name immediately comes to mind, Bitcoin.  Since the creation of Bitcoin, there has only ever been one cryptocurrency at the top of the market cap rankings…Bitcoin. 

When the price of Bitcoin rises, generally you can expect altcoin prices to rise with it. Likewise, when the Bitcoin price drops, altcoins also follow. And sometimes when Bitcoin is rising, the altcoins are declining due to cash moving from the altcoins to Bitcoin and vice versa.

Source Image

Bitcoin dominance is used to measure the percentage of the cryptocurrency market that can be attributed to Bitcoin. Thus, it’s very easy

Liberland news

Naše členství v EU je extrémně drahé, chceme z Česka udělat daňový ráj, říká Jedlička

17. 5. | Byrokracie je nadbytečná, jen loni nás stála 200 miliard korun. Náklady na jednotný trh jsou ohromné, kdybychom byli samostatný stát a nepřijímali všechny ty regulace, tak bychom prosperovali, tvrdí lídr kandidátky Svobodných, Liberlandu a Radostného Česka Vít Jedlička. Bylo nám slibováno, že do sedmi let doženeme platy v Německu, ale to se nestalo. A jak by mohlo, když musí podnikatelé přijmout to obrovské množství byrokracie, kritizuje Jedlička.

https://video.aktualne.cz/dvtv/nase-clenstvi-v-eu-je-extremne-drahe-chceme-z-ceska-udelat-d/r~794af79278b211e9ad610cc47ab5f122/?fbclid=IwAR1qhkci6Shl8bXFB4-6CXzeQ2m1Im2ivwnW85U-noOTIPFvP5PBml6ak3A&redirected=1558116829

Building Minnows: SBI Sponsoring [W3]

I am really pleased to have found people as @himalayanwomb this week.

I really enjoy that type of posts that bring me to places I would like to go, but I like even more if the context of the posts also talks about running.

That’s what @himalayanwomb offers, exotic places from India, Nepal , Himalaya together with experiences about running, hiking, exploring…

This guy started on the Steem Blockchain early 2018 but seems he has not so many followers and support despite he has maintained a sustained production of good and original posts including also very interesting pics.

(Extracted from: 10Km Train Run With 1650 meter Elevation Gain )

He is really at the boundary to become a Minnow so I think he deserves some support to reach that condition, perhaps other supportive steemians as @slobberchops and @steevc may help him also…

SBI Sponsoring

Besides @himalayanwomb, I am keeping my particular “raindrop” of @steembasicincomes shares on @marenontherun and @mrhill .

@marenontherun is doing great also reporting on her running tasks as well as getting better from an old Fasciitis Injure which is not a minor issue.

@mrhill keeps posting daily on his @actifit count mostly but he is also investing some STEEM in order to grew up in the platform. Well done mate!


And that’s all for this week folks!

Steem on.

@toofasteddie

World Stock Market Relative Strength Analysis Report For Week Starting 5/19/19

The Standard & Poor’s 500 Index (known commonly as the S&P 500) is an index with 500 of the top companies in the U.S. Stocks.  Because the S&P 500 Index represents approximately 80% of the total value of the U.S. stock market, it’s the bellwether index for the U.S. stock market.  In addition, the U.S. stock market is the largest stock market in the world, it’s also the bellweather for equity markets around the world. The S&P 500 is arguably the most important stock market index on the planet.

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Because we live in a global economy, the global equity markets

Crypto Contest May 19: Newton

Newton (Huobi: NEWUSDT) has broken out of the triangle pattern in the daily chart.

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

Elliott Wave Analysis

In Elliott Wave terms, Newton began a wave one advance on April 16. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on April 19, and the red wave two (blue sub-waves a-b-c) correction ended on May 15. If this wave count is correct, Newton should be heading next towards the April 19 peak in the red wave three.

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

Funnymentals

Newton Project aims to build infrastructure for a community-based economy through the provision of services around governance, collaboration, and incentives. You

SPDR Sector Relative Strength Analysis Report For Week Starting 5/20/19

Sector rotation is the action of shifting investment assets from one sector to another to take advantage of cyclical trends in the overall economy in an attempt to beat the market.  Sector rotation seeks to capitalize on the theory that not all sectors of the economy perform well at the same time because sectors of the stock market perform differently during the phases of the economic and market cycle.

For example, defensive sectors such as consumer staples, utility and health care stocks tend to outperform during a recessionary phase, while consumer discretionary and tech stocks tend to fare well