Stick with the best of the bunches. The relative strength has been apparent from the start with LTC and EOS. EOS is ripping to highs that have not been since since July of 2018. Almost 52 week highs here. Long the best in breed and EOS is one of them.
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 during early
On 4hr chart, possible to consolidate along the channel top or pullback to 8300 zone before the push towards 9600 zone. Possible to repeat the pattern, up channel then leg up like the previous round to complete the 3rd leg. NVT jump up quite abit.
News: (Current) | (Upcoming)
Short term moving average (day candle) :
RSI :
Network Value to Transactions Ratio :123
Total marketcap :272
Dominance :57.1
Bitfinex Margin Long/Short Volume Ratio :
Depth Chart : (S) | (R)
Weekly Timeframe :
I am still amaze about the ingenuity of that post … they launched a shy initiative to promote steemit out of the steem blockchain borders…and the worst of everything is that 24 days have gone already and I did not manage to see anything about on twitter…
In the meantime, the market is reversing, the competitors are working hard and willing to launch a Steemit killer…and still there are people here who are debating about converging curation rewards and, 50/50% splits, downvote pools and the like…
Maybe they only think we are a gang of crazy guys trying to attract people to a useless place…
Is this the only thing you can do as a Marketing Campaign @steemit ?
Sorry guys but I am worried…
…and don’t tell me that STEEMIT is Not STEEM!
of course we are STEEM! and perhaps 5000 active steemians individuals filling twitter with seven77 push-ups may attract someone here or, maybe not because, seriously, If I would be a newbie in crypto I think I would not understand anything of what’s going on with Steem and what is trying to sell…
We need a straight message, something like “COME, BLOG and EARN CRYPTO!”
Catch it?
@toofasteddie
Roughly two weeks ago we looked at the total market cap of crypotcurrency. At that time the overall worth of cyrpto was at a critical point to see if we were indeed going to get any kind of extended move higher in the crypto space.
Confirmed and Launched
Looking at the chart of total market cap, you can see the original support line (180 area) from the prior post. Now I have added the new level (roughly 223)
The lower line was the initial breakout from the lows and a line in the sand for things to be not be considered bearish anymore.
A couple days ago I wrote about Litecoin and how the price action caught my attention. We were looking at do scenarios with a bias to the upside one. That scenario has played out and is in the midst of a move higher to the potential price target.
Upside Resolution
Looking at the chart you can see price has breached the 108 area resistance and is now halfway to the 125 upside target. If price continues to move up aggressively in the near-term this is where I would expect the buyers to run out of gas.
In the meantime, seeing price close this
This article builds on what I said in Decentralised Victories – Part 1, consider that prerequisite reading if you are to read this.
In Part 1 we discussed “Power”, the first head of the two-headed Money/Power “Monster”. Today it is the turn of “Money”.
VERY quick recap:
Politicians seek power and have little interest in serving the common man.Political systems are normally designed to con people into believing that they have a say in political decisions.Party politics is a zero-sum fools game.Mass media is the tool politicians use to sway the beliefs of the population.People justify their own participation in political processes (such as
BMO Capital Markets is a leading, full-service North American-based financial services provider offering equity and debt underwriting, corporate lending and project financing, merger and acquisitions advisory services, securitization, treasury management, market risk management, debt and equity research and institutional sales and trading.
BMO Capital Markets issued a warning about the company’s exposure to the rising price of pork caused by African swine fever.“It has the greatest pork exposure in our coverage (estimated at 10 percent), and our work suggests that CMG realizes commodity inflation with little to no lag. This suggests that CMG could be among the earliest to realize the
Thanks to BITCOIN, STEEM is recovering some places at the Total Coin Market Cap!
That’s great!
We are placed solidly at the 59th position, improved 2 places since a couple of days ago!!!
…and all this done without no advertisement, no marketing plan, neither update at Twitter nor even at the Blockfolio Signal… NOTHING!!!!
Sorry, yes, only with the own effort of ourselves, steemians, doing the impossible to promote the use of STEEM across all the borders of Twitter, Facebook etc…
Where is the strategic Marketing Campaign!!!
What the heck means not being anymore at BETA???? Nothing changed besides technicalities!!!
MIRA would be a revolution only if we find USERS outside there!!!!
Forget about the SMT’s !!!! We NEED BUYERS!!! We NEED USERS!!!!
My Blockfolio signal keeps blinking about any other Crypto but STEEM.
TRYBE is rising! EOS is accelerating and we have competitors at the doors…
Content Neutrality Network (Bitfinex: CNNUSD) 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, CNN began a wave one advance on February 6. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on April 7, and the red wave two (blue sub-waves a-b-c) correction ended on May 14. If this wave count is correct, CNN should be heading next towards the April 7 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Content Neutrality Network is a blockchain-based content ecosystem. Crypto Tone interviewed the founder in February this year.
(Sources:
