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Big Momma $AAPL is SO Weak… $SPX $QQQ

January 24, 2019 Published by

The market has rallied tremendously off the lows around Christmas and all is back to normal, right?
Wrong.
The weakness and rotation in the underlying assets show why this is nothing more than a bounce. The leaders before, that everyone is trying to buy the dip on, have actually just made their first lower low of many I am afraid. Let’s just show you with the most popular stock in the market. Big momma $AAPL. First you will see a chart of SPX and see how far it has rallied.

It is currently sitting  ear the October lows of last year, quite the

STEEM: Crossing 200 DMA?

January 23, 2019 Published by

After more than a week of amazing performance, STEEM has reached the level of the 200 DMA at the STEEM/BTC pair.

Typically, crossing that line would indicate a very good signal of reversal trend.

We have to be very attentive right now.

If STEEM manages to break that 200 DMA, it would be very likely that a higher price will be reached…

Taking into account as well all the positiveness I have now (LoL), I would consider as well the following CUP & HANDLE Pattern another good signal which corroborates the previous one

…As a sort of “guideline”… if this pattern is confirmed,

Crypto Contest January 23: Propy

January 23, 2019 Published by

Propy (Bittrex: PROUSD) 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, Propy began a wave one advance on December 17, 2018. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on December 26, 2018, and the red wave two (blue sub-waves a-b-c) correction ended on January 14. If this wave count is correct, Propy should be heading next towards the December 26, 2018 peak in the red wave three.

(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Propy is a global real estate marketplace with decentralized title registry. Crypto Finder interviewed the CEO

Crypto Contest January 23: Propy

January 23, 2019 Published by

Propy (Bittrex: PROUSD) 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, Propy began a wave one advance on December 17, 2018. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on December 26, 2018, and the red wave two (blue sub-waves a-b-c) correction ended on January 14. If this wave count is correct, Propy should be heading next towards the December 26, 2018 peak in the red wave three.

(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Propy is a global real estate marketplace with decentralized title registry. Crypto Finder interviewed the CEO

Is Steem Price About to Complete a Bottoming Pattern?

January 23, 2019 Published by

Well things may have just got interesting folks.  Last time I reviewed the price of steem it was flirting in the mid 30 cents area and all eyes were on the 40 cent level.
Cup and Handle Pattern in Play
In recent days steem has pushed through the 40 cent level into the mid 40’s.   Being able to close a green candle up here would be ideal as it establishes price above resistance.
Furthermore a cup has been formed and if we were to atleast bounce along the 40 cent area that would give us a handle.  It’s a somewhat shallow cup, but

BREAKING: Steem up 78% since @steemit full power down.

January 23, 2019 Published by

The market doesn’t lie folks. And it is speaking. Steem is trading up on a few catalyst but most of the talk is about the deposit/withdrawals and arbitrage opportunity on Bithumb. I am not completely a believer of this scenario. The power down of @steemit started at the EXACT same time and the market continued to RIP up on this news. 7 straight days up in the air topping out at recently $0.44.

Both of these are GREAT NEWS, and I believe the latter is even better. Stinc has continued to FAIL it’s users and it is time for the WITNESSES

BITCOIN: We need some more volume…

January 22, 2019 Published by

Finally, BITCOIN has completed the last 5th…and it has been done in a very accelerated way as I wrote yesterday. So high that it all has happened in a matter of 10 minutes. Let me show you the BTC/USD chart in the 5′ timeframe:

That is, a sudden and sharp sell reaching the Target Support (remember I wrote yesterday 3430 USD) follow by a continuous “Flow” of equivalent Buy orders (BOT?) triggering afterwards successive another more “human style” buy orders…

As a consequence, watching now the 1h-chart, the movement upwards has over-passed the previous level which indicates that BTC is probably out

Crypto Contest January 22: Loopring

January 22, 2019 Published by

Loopring (Binance: LRCBTC) has broken out of the triangle pattern in the weekly chart.

(Chart courtesy of Tradingview.com (log scale))
Elliott Wave Analysis
In Elliott Wave terms, Loopring began a wave one advance in September 2017. The red wave one (blue sub-waves i-ii-iii-iv-v) finished in April 2018, and the red wave two (blue sub-waves a-b-c) correction ended in November 2018. If this wave count is correct, Loopring should be heading next towards the April 2018 peak in the red wave three.

(Chart courtesy of Tradingview.com (log scale))
You can see the wave count even better in the line chart.

(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Loopring is

Steem showing Positive Divergences #crypto #cryptocurrency #blockchain

January 21, 2019 Published by

Ever since the announcement that @steemit was powering down and Bithumb was going to open up Steem accounts, the price of steem has been ripping higher. Now it is over 70+% from the bottom and currently trading higher than $0.40.

Looking at the charts, steem is one of the only cryptocurrencies that is currently trending higher over this duration. Many of the others were going sideways and are not selling off. Steem is not. This is called RELATIVE STRENGTH. This is what you want to be seeing, assets bucking the trend and moving positively. This may mean nothing because None can

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