Bitcoin has been in Rippy Mode. Everyone who PANIC sold into the Bear Market is kicking themselves in the butt right now. We were accumulating crypto the ENTIRE time and was off the train in the last 14-20K move. Although the main accumulation had the major move into June, I believe this was still the rip across the bow. I am not sure that Bitcoin and crypto are going to give anyone a chance to “Get In” on this go around. I advise to buy all major pullbacks…
XRP seen from the temporality of 1D we can see how the price has made the break of the symmetric triangle with its subsequent throwback to the support where it has tested correctly to continue to rise, the price should rise to our target indicated in the chart, around 0.57 – 0.58, the price should not fall from the support as this would be generating an invalidation in the movement.
XRP seen from the temporality of 4h we can observe more closely the current structure of the movement, after concluding point E has formed the first bullish wave and then make
Today has seen Bitcoin officially hit parabolic mode as price is soaring straight higher on the price chart. Being someone that is HODling some I’m trying to just enjoy the ride, however the investor in me can’t help but worry when the punch bowl is gonna run dry.
We’ve seen this before, we’ll see it again
Look at this chart. It’s basically a straight line up the past few days. Last time we saw that was…yep, late 2017 and then there was the aftermath.
How High Can We Go?
If price is gonna do what it did last time than 17K is certainly foreseeable,
Western economists used to say that zero percent rates were a weird and unique thing you only saw in Japan — like people eating raw puffer fish and hoping not to die. It would never catch on over here, they said.But the Bank for International Settlements — the central banks’ central banks — says there is something to worry about, and it’s the reason that economic growth, inflation and interest rates can’t get off the ground: zombies.These “zombie” companies can stay alive — or whatever the correct term is for zombies — if they can just keep borrowing. Bankers call
I spend a lot of time saying “buy NEO”, but admittedly, not a lot of time saying why.
I don’t like people to buy something without researching it. Anyone who bothers to research NEO properly will buy it, they’ll sell their own grandmothers for NEO if necessary. Sadly it appears that most folks are too lazy to research NEO (or they REALLY love their grandmothers), they’d rather just follow the regular hype and buy whatever is trending. This is how vapourware like ADA stays in the top ten, or how centralised, over-supplied rubbish like XRP becomes a leading coin. Sheep are
June 26, 2019
(updated June 26, 2019)
Published by toofasteddie
An Ascending Triangle, on which there is a Flat Resistance and at least two reaction lows forming the lower ascending trend line is in general terms a BULLISH PATERN.
STEEM has formed a solid ascending support, touched 3 times already and possibly indicating an Exhaustion of the Sellers.
This pattern is usally accompanied by a contraction of the Volume as we have on STEEM lately and it is shown below.
When the upside breakout occurs, there should be an expansion of volume to confirm the breakout.
I think we are going to see a breakout of this eternal resistance at 0.432 USD soon which will bring the price close to 0.6 USD as a start of the UPTREND CONFIRMATION…
Of course, always if the “Big ACTORS” as @steemit , @gsr-io or, why not, @dan himself allow steem to grow according to the usual Market laws and not as it has performed lately…
…or, is STEEM going to become an stable crypto locked artificially at the 0.43 USD?
*Disclaimer: This is just my personal point of view, please, do your own assessment and act consequently. Neither this post nor myself is responsible of any of your profit/losses obtained as a result of this information.
UTRUST (Bitfinex: UTKUSD) 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, UTRUST began a wave one advance on November 25, 2018. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on June 3 this year, and the red wave two (blue sub-waves a-b-c) correction ended on June 24. If this wave count is correct, UTRUST should be heading next towards the June 3 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
According to their website, UTRUST is the world’s first cryptocurrency payment gateway to offer buyer protection, instant transactions
Unlike the cash-settled bitcoin futures listed by the Chicago exchanges Cboe and CME, in physically settled futures the buyer receives the underlying commodity when a contract expires, rather than the fiat equivalent.
Bitcoin’s (BTC) parabolic advance over $12,000 has taken its market dominance above 60% for the first time since April 2017, data from CoinMarketCap confirmed on June 26.
Following its rapid appreciation in recent days, the bitcoin price reached levels not seen since immediately after the end of its 2017 bull run.
The successes have come at the expense of altcoins, which have so far failed to produce similar performance. As a result, BTC dominance of the overall cryptocurrency market cap is now 62% – more than at any time in the past two years.
Facebook published plans for the Libra cryptocurrency in seven languages, including Indonesia’s Bahasa – a move that offers perhaps the clearest glimpse of what Facebook’s fintech ascent might look like.
“Indonesia has the fourth-highest number of Facebook users in the world,” Pang Xue Kai, co-founder of the Indonesian crypto exchange Tokocrypto, told CoinDesk. “If Facebook’s Libra can address the [local] issues, it has the potential to succeed.”
According to the annual media report released by We Are Social and Hootsuite, Indonesia has the world’s highest rate of Facebook post engagement among internet users, over 4 percent, and the highest frequency of online shopping, with 86 percent of Indonesian survey respondents saying they bought something online in the past month.
The President of Uganda, Yoweri Museveni, will officiate the 2019 AfricaBlockchain 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.
“AMA with @stratisplatform CEO, Chris Trew in the #Binance English Telegram group.”
STEEM Trading Update by my friend @cryptopassion
Here is the chart of yesterday :
Here is the current chart :
This resistance line at 0.43$ is really blocking us since weeks now. We have to wait and see when the market will have the power to break it or if we will see an important correction taking place from it. The Steem is really controlled in this range since weeks by a whale I supposed and without a break out, I don’t expect any big move.