Shortly after i posted btc analysis yesterday and it sell off below 3680 support. Possible short covering bounce. Still some more room to go for testing channel bottom around 3400 zone.
News: (Current) | (Upcoming)
Short term moving average (day candle) :
RSI :
Network Value to Transactions Ratio :123
Total marketcap :118
Dominance :52.9
Bitfinex Margin Long/Short Volume Ratio :
Depth Chart : (S) | (R)
Weekly Timeframe :
Tag: Cryptocurrencies
Crypto Contest January 14: Agrello
Agrello (Binance: DLTETH) 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, Agrello began a wave one advance on August 16, 2018. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on October 30, 2018, and the red wave two (blue sub-waves a-b-c) correction ended on December 29, 2018. If this wave count is correct, Agrello should be heading next towards the October 30, 2018 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
The Agrello platform is a dashboard where you can manage your identity, create contracts,
BITCOIN: Testing and old resistance
Early yesterday we saw a sudden drop of the BITCOIN price followed by a short and shy consolidation movement upwards…
The drop was expected since the Elliot Wave count was alerting about that in order to complete a long 5-3-5 Correction…
The question is, does the drop terminated? It may have been terminated, actually it looks like a very short but probable 5th wave…
In order to know it we have to see how BITCOIN manage in front of the next resistance:
The RSI indicates oversold condition but the Constant Low Volume does not bode high hopes for recovery…
My plan keeps alive, for the
No Kevin, Bitcoin will NOT bite the dust
“…I have also yet to hear a single intelligent challenge to this argument from the bitcoin community. Instead, the typical response has been personal abuse. Name-calling is no substitute for a reasoned response.”~ Kevin Dowd. Source: https://www.coindesk.com/bitcoin-will-still-bite-the-dust
CHALLENGE ACCEPTED
Kevin Dowd, a professor of finance and economics, wrote an article titled “Bitcoin Will Still Bite the Dust” which was published on www.coindesk.com on 13 January 2019. It’s based on a 2015 paper of the same name which he co-authored.
I haven’t read the 2015 paper and I certainly don’t intend to. For me the article alone was cringe-worthy. It contains statements in support
STEEM – more dump
quite abit of dump yesterday almost 1.2 million steem by steemit + slow bleed amount continuation yucks. I wonder if it’s been digested by the buyers. On 4hr chart, like retest of 700 support or possible down channel bottom around 680 support zone.
stockpile for short : high (more slow bleed)
Short term moving average (day candle) :
RSI :
SBD/STEEM :
Weekly Timeframe :
24hr change :
Marketcap :81
Volume :303
Current supply :293,377,178
Total supply :325,974,648.
Debt Ratio :
Daily supply :
Total account :
BITCOIN – will the pattern repeat again
On 4hr chart, been almost 10 days the margin short is lower than margin long but price isn’t heading anywhere upwards. Will the similar pattern repeat from 6400 drop to 3600 almost 50% decline (~3000pts move) happen again ?
On daily chart, need some oscillation up move before there’s room to head lower. Could be the start of the staircase pattern leg 1 and test towards low 3000s. Previous pattern of margin long > short last about 10 days before trigger, maybe we might see breakout soon in 1-2 days time.
News: (Current) | (Upcoming)
Short term moving average (day candle) :
RSI :
Network
Crypto Contest January 13: Unikoin Gold
Unikoin Gold (Bittrex: UKGBTC) 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, Unikoin Gold began a wave one advance on October 15, 2018. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on November 6, 2018, and the red wave two (blue sub-waves a-b-c) correction ended on January 1 this year. If this wave count is correct, Unikoin Gold should be heading next towards the November 6, 2018 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Unikoin Gold is a decentralized esports betting token. Crypto Cowboys interviewed the
Crypto Shopping Cart – 12 January
“The time to buy is now, I have said it often, it’s only getting more and more true as time passes.”
That was the opening line of my shopping cart post of 11 December. It’s still valid – only now even more so.
Whether you take action on my recommendations or not is of no consequence to me: I share my thoughts because I want you to make profitable investments, but I’m not forcing anybody.
What I am doing is taking my own advice and leading by example. I’m putting every last cent that I can afford to into crypto. This is difficult,
Perhaps the best performing Crypto this week…
…I am speaking about TRON [TRX], which, despite the polemic created lately for the declarations done by a Former Director of the TRON Team, TRON has managed to grow from 300 to 846 satoshis in just 15 days…
Personally, after this great “campaign”, I have decided to sold part of my TRON stake, maximizing my BITCOIN benefits :-)… Following the “Money Flow”, TRON is falling towards the 61.8 FIBO level very rapidly… However, I would expect a deeper correction…
An Interesting Level for considering a new entry is 515 Satoshis . Will see.
Enjoy!
The Sunday Recap – Down the Rabbit Hole 11
Is that a whiff of optimism in the crypto air? I believe so, despite the last couple of days of bearish price action. Whether this newfound cheerfulness converts into a general trend reversal remains to be seen. What’s not in question is the continuing tsunami of updates, developments, iterations, re-iterations and competing project narratives that have ushered in 2019. Once again, lots left on the editing floor – hopefully, crypto enthusiasts new and old will find a lot of value/interest in this week’s post.
Twitter
One day in crypto:
0/ On a day that marked the 10th anniversary of the #Bitcoin #blockchain, the #crypto ecosystem has been ripe with updates and releases.
Below, I've pieced together a 15-part thread filled with developments from the past day or two. Hope it proves helpful! pic.twitter.com/7HirE0LqgB
— Matt Willemsen (@mattwiIIemsen) January 3, 2019
EOS ecosystem keeps growing in new and interesting ways:
Breaking News! In the first quarter of 2019, we will launch https://t.co/JJBiuIvBob side chain of eosio. We believe a true side chain should support the same account system with #EOS Mainnet. And we already prepared for it by our own way ( .m) accounts before IBC. pic.twitter.com/V0dNva4Dy2
— MEET.ONE (@MeetDotOne) January 4, 2019
The weakest link (recommended):
https://twitter.com/BTC_Macro/status/1081631630815449089
After a rough year in








