NEO technical analysis

NEO seen from the temporality of 1D we can observe the bullish movement that has taken NEO from the $5, forming the setup of seven points that concludes with the wave number two, in the graph I have pointed out the points where the price has touched in the advance of the tedency forming this way a support and a resistance with expansive properties, currently has reached the sixth point, the price is finding resistance at that point, so we should soon see a correction movement in the price that is very likely to reach the area marked by a

BITCOIN: No more historical resistance till…

…13000 USD?

In my opinion, it is clear that there are no major news explaining clearly why the Cryptomarket is suddenly behaving so bullish.

May be the final entrance of the Financial Institutions, can be the lately announcement of Facebook and its Libra coin, which I doubt it is currently moving the strings now but for sure it is giving some FOMO out there, can be also the good news coming from Russia, see “Russian Ministry of Finance Considers Allowing Cryptocurrency Trading” or perhaps the ones coming from Bank of America’s CEO on regards or getting a “Cashless Society” or a combination

First Corn…Is SoyBeans Next???

Corn prices have been on an epic run. Now, soybeans could soon be catching up.Soybeans have trailed for a reason. In the U.S., the oilseed can be planted later in the spring than corn. Amid the heavy rains, some analysts had forecast that the weather would eventually clear and farmers would plant more soy. That would’ve meant bigger production at a time when demand is already suffering amid the U.S.-China trade war.The U.S. Department of Agriculture will update its plantings estimate June 28, but analysts and traders are already concerned the agency’s numbers will be too high and not fully

Bitcoin Breaks Out, Testing Major Area of Resistance

Yesterday we discussed another bullish ascending triangle bitcoin was painting, suggesting a break to the upside. Today, we watched bitcoin break out and up, almost hitting our lower target of $11,500. It has since dropped back down to test the top of the ascending triangle (about $11K) which did act as support. Daily volume remains strong at just above $22 billion.

Zooming out on the weekly chart, we can see bitcoin is hitting a major area of resistance between $11,500 and $11,700. If you watch my videos, you know we’ve been discussing this area for awhile now. It will be a

BITCOIN – 25 Jun

On 4hr chart, just a little more to test 11600 resistance level. Stoch making lower highs while price pushing higher. Possible sideway consolidation on this 3rd leg. Possible some pullback to 10700 zone on the mini channel bottom, follow by a bounce to retest 11600 making a double top.
News: (Current) | (Upcoming)
Short term moving average (day candle) :
RSI :
Network Value to Transactions Ratio :
Total marketcap :
Dominance :
Bitfinex Margin Long/Short Volume Ratio :
Depth Chart : (S) | (R)
Weekly Timeframe :

Short The Pull Back On The DAX – Part 2

A slump in German business confidence deepened in June as trade tensions weighed on manufacturers.  The drop in the Ifo index took the closely watched gauge to 97.4, its lowest level since late 2014. A gauge of expectations also worsened.European Central Bank President Mario Draghi last week said he’ll inject fresh monetary stimulus for the euro zone unless the economy improves.While Bundesbank President Jens Weidmann expects an improvement in Germany in the second half of the year as exports recover, the signs so far remain mixed. A purchasing-managers survey on Friday showed solid growth in services, but manufacturing remained in

Steemit Statistics & Big Data: ? End of May 2019 Update ?

Thanks to ALL of you, Steemit is still alive, stabilizing and preparing for the next Bull Run !

We reached 13.19 mn visits in May 2019!

There is an important difference between total visitors to a site and unique ones. In this case the 13.19mn include the multiple times a person visited the website.

Therefore, as a good Steemian you probably connect everyday which will make you count for a total of 30 visits.

Therefore, how many “unique users” does Steemit has?

This is a very important question that I will try to answer later on. According to the Beta Analysis from the website I use to compile these datas, it is around 7,69mn (vs c.7mn last month) !

One quick word about the Methodology

  • Datas can come from multiple sources listed in the end of this post
  • These sources get their raw datas from companies working with them and sharing their datas in order to get access to competitor’s ones, browsers add-ons, in-app softwares which allow the Big Data to have a very large panel of users (north of 20mn) in order to statistically have the number of users/visits…
  • I use these raw datas to make excels tables, graphs…

I] Traffic

Daily Steemit Traffic

In January 2018, we experienced the best daily numbers at 1.5mn+; they decreased a little under 1.5mn in February.
Unfortunately the daily traffic on Steemit slowed down to c.400 000 in December 2018. Let’s hope it is just a little setback
In April 2019, the average daily traffic was closer to 450k per day. In May it increased a little more.
Another, explanation could be that people spend more time on apps (Partiko, Steepshot, Dtube, Steemmonster, eSteem…) which are not accounted in this analysis.

Numbers are still low BUT it is improving (stabilizing would be more accurate) since January 2018 !

Steemit website is ranked 5,316 worldwide. In April, it was sitting at 5,325.
Steemit kept on deteriorating its ranking as it ranked 1400+ last year.

Google Trends

Google Trend is an Indice based on 100, which means that 100 represents the week when most people searched for “Steemit” on Google.

Google Trends are still very low but there is hope as Bitcoin Google Trend is increasing again, maybe more crypto users joining decentralized platforms?

Bitcoin Google Trend Graph

Steemit Traffic share by country

In the Top 5, the strongest traffic increase came from Venezuela with +9.75% visits!

Mobile Traffic is increasing compared to last month as it represents 50.1% of the total

This is increasing as it was only c.42% in January 2019


This is useful to know how people use the Steem platform. Initiatives like Partiko (mobile app), eSteem (mobile app), Busy.org, SteepShot (Instagram), Zappl (Twitter like), utopian-io…, TIMM will probably help the community to grow on mobile phones.

Be Careful with the Number of Visits

Also, remember that if you connect from a different device (home/work computer, mobile phone, tablet) you will count as a “new visitor” on each of these devices.

So as an example, let’s say you connected at home, at work and in the subway. You would represent 3 visits out of these 1mn+ Daily Visits.

II] Marketing Mix

Organic Search is once again improving and represents 65,6% of the incoming Traffic.
Organic search is when people research on Google. As the number of quality bloggers on Steemit increase, our content has a higher probability of being listed in Google’s Top results.

Different Channels:

Direct: When you type in you Web browser www.steemit.com
Mail: When you connect to steemit.com through an e-mail link
Referrals: When you connect to steemit.com through a link found on another website (github…)
Social: When you connect to Steemit through a Facebook, Twitter, Instagram… page or link
Organic Search: When you type a search term like “Crypto” on Google and you click on one of the following steemit link proposed to you

Traffic Share Evolution since inception of this analysis

The Organic Search Strategy which means the Content Strategy is working as people come across Steemit looking for Crypto, Blog, Travel, etc… related articles.

Referring Social Pages

Youtube represents 30,7% of all the social platform incoming traffic. Reddit is also a strong source of new visits on the Steemit Platform. Last month, Facebook was the first Social Media to bring traffic to Steemit.com with a 33.1% contribution.

5 most searched terms on Google that leads to Steemit.com

To be honest, I don’t really get how some of these requests lead you to Steem but… it does.

What are Steemians main interests?

Gender Demographics

Age Distribution

III] Steemit website metrics

You feel a bit confused about these 3 metrics? Let me explain.

  • Bounce Rate is the % of people that leave the Website after just navigating on a single Webpage. The lower, the Better
  • Daily Pageviews per Visitor is the average number of pages a visitor opens. The Higher, the Better
  • Daily Time on Site is the full time a visitor spend on the website before closing the internet Webpage. The Higher the Better

My assumptions for May 2019

  • Total visits to Steemit.com: 13,19mn
  • Assumption of Total unique visitors in January: 6.7-7.2mn
  • Total Daily visitors: 380-400k
  • Assumption of Total Daily Unique visitors: 240-280k

This is a collective achievement and I would like to congratulate all of us! We need to do better and get back to the January 2018’s type of numbers.

This monthly report makes me very optimistic about STEEM’s future !

As you probably all followed, we have a new communication strategy. We have Steemit Inc. delivering on numerous fronts (including HF21). The community is continuing to build. Just look at our dapps ecosystem and the latest @steemmonsters release (app coming sooooon :D)

We have so many projects that have matured, such an amazing Community and with Crypto prices bouncing we might have a chance to attract new users very soon!

Bring your friends, engage with fellow Steemians and make little Tribes !

What do you think of this Steemit Big Data Update? Please let me know in the comment section

Next BigData Analysis coming on @Steemmonsters @drugwars and other cool projects !

Sources: Alexa, SimilarWeb, Google Trends…

You don’t want to miss a Crypto news?

Follow me on Twitter and Facebook

Join SteemFollower and get Upvotes back !

Crypto Shopping Cart – 25 June

 
Here I am – buying yet again.
This isn’t my first buying spree of the month, I wrote about my previous round of buying in “Crypto Shopping Cart – 6 June”. Some things have changed since than, some haven’t .
Last time I went shopping I bought Holo (HOT), Ontology (ONT) and Icon (ICX). I also announced my intention to sell ETC and stock up on more CargoX (CXO). Let’s take a look at what I did this time.
A lot. I have actually been shopping three times since my last Shopping Cart blog post. The fact that I am now averaging a

? Daily Crypto News, June, 25th?

  • BIS Wants ‘Level Playing Field’ for Banks Amid Threat from Facebook ;
  • Facebook’s Libra Cryptocurrency: Bad for Privacy, Bad for Competition ;
  • Bitcoin on Track for Best Second Quarter Price Gain on Record ;
  • Crypto Analyst Says Bitcoin Price Could Hit $100,000 During Next Bull Run ;
  • President of Uganda to Lead Blockchain Conference in Kampala in July ;
  • ? Daily Crypto Calendar, June, 25th?
  • STEEM Trading Update

Welcome to the Daily Crypto News: A complete Press Review, Coin Calendar and Trading Analysis. Enjoy!

? BIS Wants ‘Level Playing Field’ for Banks Amid Threat from Facebook

The Bank for International Settlements (BIS), often described as the bank for central banks, has issued its annual report for 2019, expressing concerns over the expected disruption as big tech firms like Facebook enter the financial space.


While titled “Big tech in finance: opportunities and risks,” the report looks at the risks and challenges posed by companies such as Alibaba, Amazon, Facebook, Google and Tencent, rather than paying lip service to the potential benefits of this building fintech revolution.


These firms have developed huge customer bases, says BIS, and have the benefit of a “data-network-activities loop” which gives them ” the potential to become dominant.”


While the encroach of such companies into payments, money management, insurance and lending has only just started, it brings the potential for major change in the finance industry.

? Facebook’s Libra Cryptocurrency: Bad for Privacy, Bad for Competition

Allowing Facebook to mint its own coin, the Libra, would turn it into the greatest anti-competitive trust case in history. It would make the early 20th century Morgans or Rockefellers seem downright competitive.


Even before it unveiled its vision for a global cryptocurrency this month, Facebook was already a near-monopoly in social media, and part of a duopoly in its main markets. Together with Google, it controls 82% of the digital advertising market. 


In the past, Facebook has purchased any company that threatened it, e.g. Instagram and WhatsApp. And, when it spots a company that won’t sell itself or would be difficult to purchase, it uses the “embrace, enhance and extinguish” technique.  

? Bitcoin on Track for Best Second Quarter Price Gain on Record

Bitcoin’s 165 percent gain so far this quarter is the best second quarter performance on record and the highest quarterly percentage gain since the end of 2017. The stellar gains have bolstered the long-term bullish technical setup.


While the relative strength index is reporting overbought conditions, there are no signs of bullish exhaustion on the daily, 3-day or weekly charts. As a result, the outlook remains bullish with resistances lined up at $11,247 and $11,394, according to Bitstamp data.


A minor pullback to $10,000 could be seen if the price again fails to hold onto gains above $11,000, validating a more bearish setup on the 4-hour chart.


The bullish outlook would be invalidated if the price finds acceptance below $9,097 (May 30 high).

? Crypto Analyst Says Bitcoin Price Could Hit $100,000 During Next Bull Run

ThinkMarkets chief market analyst Naeem Aslam predicts that bitcoin (BTC) will hit somewhere between $60,000 and  $100,000 during its next bull run, according to a Fox Business interview on June 24.


Aslam had previously predicted on June 17 that BTC would hit $10,000 in “a couple of weeks,” citing institutional involvement as a major driver. Bitcoin successfully reached the five figure mark on June 22, marking a record high that has not been seen in over one year.


According to Aslam, the major price points to look out for now are $20,000 and $50,000. He argues that by hitting $20,000, discussion will move from conservative estimates exceeding the number one cryptocurrency’s all-time high to forecasts of $50,000; from there, breaking $50,000 will move the price target to $100,000. 

? President of Uganda to Lead Blockchain Conference in Kampala in July

The President of Uganda, Yoweri Museveni, will officiate the 2019 Africa Blockchain Conference, according to a report by Kabuubi Media Africa on June 24


According to the report, The 2019 Africa Blockchain Conference — not to be confused with  The Blockchain Africa Conference 2019 which occurred in April — will be held from July 3 to July 4, and the theme is ’Africa 4.0:  Preparing Africa for the 4th Industrial Revolution.’ The conference topics will reportedly include fintech, payment systems, and the future of education.


President Museveni reportedly supported the use of blockchain technology in Uganda during his inaugural speech. Museveni is said to have cited four economic areas that he believes should be supported by blockchain technology: agriculture, manufacturing and processing, services, and the ICT sector.

? Daily Crypto Calendar, June, 25th?

“12 Days till $Waves dode release which will enable full-scale #dapps.”

COSS and LALA tokens merge to become COS token.

“NYC Cardano Meetup is holding another Cardano Meetup on 25 June!”

“Trading starts on the 25th of June when VRA/BNB pair opens for trading.”

Justin Sun Livestream

image.png

STEEM Trading Update by my friend @cryptopassion

Here is the chart of yesterday :

STEEMUSD.jpg

Here is the current chart :

STEEMUSD.jpg

As predicted yesterday, we went touch the resistance line at around 0.43$. However, we had an immediate rejection from the market as you can see with the several red candles. So yeah this first try was no a success. We are now progressing again and trying to break back the resistance line at 0.41$. Let’s see when it will be done if we will be able to break the 0.43 resistance line with a second attempt.

image.png

Last Updates

Join this new Free To Play on the STEEM Platform !

Crypto Contest June 25: BTU Protocol

BTU Protocol (Bittrex: BTUBTC) 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, BTU began a wave one advance on May 13. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on June 9, and the red wave two (blue sub-waves a-b-c) correction ended on June 22. If this wave count is correct, BTU should be heading next towards the June 9 peak in the red wave three.

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

Funnymentals

BTU Protocol disrupts the current booking business model with decentralized processes, less middlemen and fairer commissions. You can watch their