WLS has a Bidder on the tape!…Support over 1.00 BTS

Whaleshares has a bidder on the tape! WLS is a fork of STEEM and has made some unique changes and growing in their own way. Whaleshares seems to be gaining traction and many have voiced their opinion that they “like” whaleshares better. Only time will tell and I believe there is a place for both! Logging on to bitshares I noticed something below…
 

Whaleshares has a bidder! Someone wants some WLS, about 45000 of them in fact. They are sitting on the bid as you can see in the photo.
They do not want to pay up for these considering the liquidity

Bitcoin, EOS, ETH and Ripple Analysis: QUICK UPDATE

Bitcoin has broken below the $3,400 support, currently trading around $3,365 on Coinbase. Volume remains weak.

EOS seems unable to break above the $2.45 resistance, currently trading at $2.36 on Bitfinex.

Ethereum continues to bounce right above the psychological support of $100 on Coinbase.

Ripple is still operating within a falling wedge, currently trading around $0.29 on Bitfinex.

In today’s video analysis I discuss, where prices may be heading next, various trade setups I’m waiting on 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

Bitcoin Technical Analysis: CONSOLIDATING BEFORE NEXT MOVE

Bitcoin continues consolidating right on top of the 0.786 fib level. It’s been testing the top of what appears to be a falling wedge, but has yet to break out above. Volume remains weak.

In today’s video analysis I discuss, where price may be heading next, a possible trade setup I’m preparing for, traps to avoid 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

Bitcoin Technical Analysis: BULLS STRUGGLE… IS A LARGER MOVE COMING?

Bitcoin continues to bounce on top of the $3,400 support (on Coinbase). Volume has been declining over the past 48 hours.

Zooming out on the weekly chart, we get much better perspective on just how bearish this overall trend has been. Price broke below the $3,600 support. When it tried to break back above, $3,600 began to act as a strong resistance. The weekly chart suggests price may retest the prior low of $3,130 (on Coinbase). I’m not saying it will, but it’s a very real possibility. I discuss this much more, as well as the bullish scenario, in my video

The Steem Price Optimistic Scenario

By now means am I saying I think this will happen, but technically the possibility is there.  What exactly is it I’m speaking of….
Higher Highs and Higher Lows
In order to have an uptrend price needs to make higher highs followed by a higher low and then a higher high.  (say that three times fast).

Looking at the daily price chart of steem you see we had our last high (which marked the bearish u-turn I called out) and the subsequent selloff to where we are now.
Price has started to turn a little here and if we see any follow through higher

Technical Analysis for Bitcoin, EOS, ETH and XRP: BRIEF OVERVIEW

Bitcoin has broken back below $3,400 (Coinbase).

EOS is hovering around $2.27 (Bitfinex) and seems to be eyeing the $2.11 support.

Ethereum is sitting on the $100 phycological support. If that support breaks decisively, we could see it fall as low as $80.

Ripple (XRP) looks to be operating within a descending wedge. While this is a bullish pattern, it may get worse before it gets better.

In today’s video analysis I discuss, traps to avoid, where prices may be heading next 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

Technical Analysis for Bitcoin: Quick Update

Bitcoin finally broke down below the $3,500 support it’s been hovering on for the last 2 weeks. It dropped to the known $3,400 support and is currently trading around $3,430.

Looking at the daily chart we can see bitcoin bounced right off the bottom Bollinger band.

In today’s video analysis I discuss, where price maybe heading next, traps to avoid 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

What actually matters in the Cryptocurrency Evolution

Cryptocurrency is the next internet. Most of us heavily involved, or trying to get heavily involved, in crypto application and dApps know this. We are the believers. The 2% in my opinion. After the most recent bubble, the public is just now starting to figure out that Crypto is the real deal (and believe me there are still many doubters) and the tipping point was made.
The Question is, how do you find the real winners that will change the world?
What you want to be looking for is projects being used in real life applications. What projects are actually being utilized

Bitcoin: What a Snooze Fest

Been awhile since I posted about Bitcoin and with reason.  Price has been flatlined of late as we just muddle along in the middle of a range.
Range Bound and Hopefully Not Down
Until we see upside above about 4,200 there really isn’t much to talk about on the upside.   Looking at the chart below you can see we kind of flattened out at the bottom part of the last little move higher and are just riding right on the edge of it.
Hopefully this price level maintains otherwise we are likely to test that low near 3,100.

Guess we have to just wait

Steem Price Action – Bearish U-Turn Already? Volume Says Otherwise

Just a day ago I wrote about the price of steem working on a longer term bottoming formation.  However, within that you will have your moves up and down and one of those moves could even bust up the formation all together.
So let’s take a look at the reversal pattern we got due to yesterday’s candle close.

 Bearish U-Turn
I talked about the bullish u-turn pattern alot during the bull market, but right now we are discussing a bearish u-turn.
The gist of it is after two or more up days in a row the next candle trades above the previous day’s high