On 4hr chart, it did play out as mentioned in the previous posts testing the channel bottom and bull flag breakout line. Some buying support there, let’s see if the stoch oscillation can climb up slowly with the price. Big whale unloading slowly though.
News: (Current) | (Upcoming)
Short term moving average (day candle) :
RSI :
Network Value to Transactions Ratio :123
Total marketcap :255
Dominance :55.6
Bitfinex Margin Long/Short Volume Ratio :
Depth Chart : (S) | (R)
Weekly Timeframe :
Shares of social network Facebook (NASDAQ: FB) slid as much as 9.3% on Monday. As of 3:24 p.m. EDT, the stock was down 7.5%.The stock’s pullback follows news that the Federal Trade Commission (FTC) was assigned jurisdiction to see whether Facebook’s dominance harms competition, The Wall Street Journal reported.“The FTC secured the rights to begin a potential investigation of Facebook and whether it has engaged in unlawful monopolistic practices,” wrote the Journal’s Brent Kendall and John D. McKinnon, citing people familiar with the matter.“The fact that the commission formally secured jurisdiction on those issues suggests it is considering even more
This is why you follow rules and pay attention to price. When things don’t act the way they should you just get out of the way and move on. NIO is a luxury electric car company (and service) that I had my eyes on. It was a new IPO as you can see above and broke up out of the initial IPO range. I liked it here.
Then…kaboom. News and earning cause it to rapidly give these levels back and create an ISLAND of bagholders above the range. I got out of the way here but I believe many have
I know we all want to be bitcoin bulls right now, and sure price could push for 10k at anytime. However, the orderly price action, the better for the long-term price action speaks otherwise and I’m going to walk that path. I am the scaredycat after all!
The Weekly Chart Tells a Clear Story
Looking at the daily chart you really don’t see this. When we look at the weekly the picture becomes clear.
After 5 straight weeks higher we got a nice doji candle last week. This shows us indecision and that buyers may have run out of gas for a bit.
Since
Bankex (Bittrex: BKXUSD) 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, Bankex began a wave one advance on February 16. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on April 10, and the red wave two (blue sub-waves a-b-c) correction ended on May 26. If this wave count is correct, Bankex should be heading next towards the April 10 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Bankex operates a Proof-of-Asset Protocol to bring Bank-as-a-Service (BaaS) and blockchain together and facilitate the digitization, tokenization & exchange of
Yesterday I started a two part series on Bitcoin Halving. This is the second part of that series. It will make little sense if you have missed Part 1. Part 1 is available here: https://trybe.one/archives/the-bitcoin-halving-event-part-1/
The Bitcoin Halving Event – Part 2
TRANSACTION FEES:
What happens after the very last Bitcoin has been mined? Will miners stop mining because there are no longer any block rewards? No, they won’t. That is because block rewards are only a part of what miners earn when they mine a BTC block. They also earn transaction fees.At the moment transaction fees are only worth around 10% of the block
A personal finance tip for how to allocate income, the buckets I use and the percentages that go toward each.
It’s a video I did some time back, here is what I lay out:
Income Allocation
55% towards living expenses (mortgage, food, utilities, etc.)
20% toward long-term savings/rainy day fund (for emergencies or replacement of large ticket items)
10% for investing/passive income creation (investing in and acquiring income producing assets)
10% for fun time money (pure discretionary income to spend on anything you like!)
5% for learning and getting better (taking a class or a course, i.e, learning something new)
I have been following Wynn Resorts and Las Vegas Sands for more than 10 years as these two companies give me a great barometer of the how the global economy is doing.
In April, Las Vegas Sands reported first quarter earnings of $0.91 per share vs expectations of $1.04. Nevertheless, Management stated they expect the gaming market in Macau to recover and spending $2.2 billion in Macau over the next three years. That makes since as the game revenue in Macau dwarfs Las Vegas by a factor of 6X.
John Staszak, an analyst with Argus Research had this to say about Las
Today’s 1st race was red-flagged on the 3rd lap after a horrific crash that claimed the life of 27 year old English road racer Daley Mathison.
The Isle of Man TT organisers released this statement :
“ACU Events Ltd regrets to confirm that Daley Mathison, 27, from Stockton on Tees, Durham was killed in an incident during the Superbike Race today at the Isle of Man TT Races. The accident occurred at Snugborough, just over 2 miles into the Course, on the 3rd lap of the race.
Daley was an experienced competitor and was seeded 19th for today’s race. He made his Mountain Course debut in the 2013 Manx Grand Prix Newcomers A Race, finishing fifth. His TT career included three consecutive podiums in the TT Zero electric bike Race in 2016, 2017 and 2018 including the runner up position in the race last year, representing Nottingham University.
He also achieved an 11th place finish in last year’s Superstock Race and a pair of 13th place finishes in the 2017 and 2018 Senior TT Races.
He set his fastest lap of the Mountain Course – 128.054mph – in the 2018 Superstock race which made him the 34th fastest rider of all time. He set the second fastest TT Zero lap ever with lap of 119.294mph in the 2018 race.
In total he started 19 TT Races with 14 finishes and 3 podiums and won 6 silver and 8 bronze replicas
ACU Events Ltd wishes to pass on their deepest sympathy to Daley’s wife Natalie, his family and friends.”
Daley’s wife Natalie posted this message on twitter.
”
Not something I ever wanted to write but here we go…..
Daley, as Daisy says, is now sleeping with the fairies. That’s all I can bring myself to say right now. The last image I saw of my husband, was of a man so happy with life and so proud of his racing. xxxxxx “
Not something I ever wanted to write but here we go…..
Daley, as Daisy says, is now sleeping with the fairies. That’s all I can bring myself to say right now. The last image I saw of my husband, was of a man so happy with life and so proud of his racing. xxxxxx pic.twitter.com/wWCaDJwUht
2019 RST Superbike result. standings from the 2nd lap were used after red flag.
1. Peter Hickman 2. Dean Harrison +1.782s 3. Conor Cummins + 9.345s 4. James Hillier +41.719s 5. Michael Rutter +54.610s 6. Michael Dunlop +57.316s 7. Jamie Coward +34.100 8. David Johnson +35.049s 9. Gary Johnson +1:17.645s 10. Davey Todd
2019 Supersport race result declared on 2nd lap after red flag due to rain.
Lee Johnston
James Hillier
Peter Hickman
Dean Harrison
Michael Dunlop
Conor Cummins
Gary Johnson
Jamie Coward
Davey Todd
Ian Hutchinson
Locate.im Sidecar TT 1
1. Ben birchall 2. John Holden 3. Alan Founds 4. Peter Founds 5. Ryan Crowe 6. Lewis Blackstock 7. Gary Bryan 8. Conrad Harrison 9. Allan Schofield 10. Gary Gibson
Please vote pcste for witness. to vote for me go to : https://steemit.com/~witnesses scroll down the page and enter pcste into the box (dont use @sign) then click vote.
It’s still playing out the possible projected path towards testing the channel bottom. Another possible triangle consolidation in making on daily chart. Weekly close off green doji long tail, bull still want to be in control but reluctant to fight hard.
News: (Current) | (Upcoming)
Short term moving average (day candle) :
RSI :
Network Value to Transactions Ratio :123
Total marketcap :270
Dominance :55.9
Bitfinex Margin Long/Short Volume Ratio :
Depth Chart : (S) | (R)
Weekly Timeframe :
