market – Page 3

BITCOIN: Resuming the Rise

February 23, 2019 Published by timm

Today there are 5 Billion USD more inside the Total Market Cap and 24h Volume of BITCOIN increasing to the 8.5b$, as a result, everything in GREEN again!

Is not that beauty?

Right Now BITCOIN is fighting in order to cross one known resistance. It is an important test, not crucial but important indeed.

In my opinion, I doubt BITCOIN is going to be able to cross this resistance line (Secondary) in this current rise. Mainly, because I think everybody can clearly identify this seems to be the completion of the 5th wave up and being the 1st wave so strong and the

Could there be merit in the recent bull market expectations?

February 23, 2019 (updated February 23, 2019) Published by lordbutterfly

These last few days ive been seeing a lot of crypto-analysts talk of upward movement in the market.
I wouldnt call myself some that is well versed in Elliot waves or Fibonacci but i do hold that the market moves in cycles that can be anticipated to a degree in the log run.
I dont believe you can pin-point the exact moment of the shift to a high degree of success, but a general guess as to when it “might” happen, i think is possible.

What i like about the news these last few days is the “feeling” that things might shift. As much as im not someone that will bash something that i dont understand to the highest degree, i still think that when we are talking about long term upward movement happening, “general sentiment” is king here.
All these analysis might be self-fulfilling prophecies (i dont believe they are) since they could very well be acting as the trigger needed to turn the market around.

For those reasons there are only a small number of folks whose analysis i take at least somewhat seriously on STEEM. Most of them are using @timm. (https://mentormarket.io/)
Guys like Haejin give market analysts a bad name so many folks i know avoid them, but i can say that there are some great insight to be found on TIMM.
Just a short disclaimer: Not everything is straight forward and some folks do make some generic price predictions, but once they think they are on to something you can tell right away.

Let me know what you think. Is there merit in all this talk?

Ill see you around.

STEEM: Imagine…

February 22, 2019 Published by timm

Do you remember the glorious days of early January 2018?

Yes, those days when the market was at its ATH…

Those days on which BITCOIN was priced more than 16000 USD, ETH 1100 USD and EOS 12 USD?

At that time STEEM was placed, at the 36th position of the Total Market Cap.

The price was 6.41 USD and the Market Cap was 1.58 B$…and that was not the maximum price achieved by STEEM since it touched the 9 USD mark…

BITCOIN had 276 b$, 174 times more than the STEEM Market Cap at that time.

What a craziness, isn’t it?

Do you think those times

Looking for the Turn… $NDX $SQQQ $SPX $DJI

February 21, 2019 Published by heyimsnuffles

Wow this market truly pushes you to the limits. After nailing the Christmas Eve bottom in the equities market I flipped back to being intermediate bearish once the DOW and SPX were hitting the 200 day and major resistance levels. The past few days and week or so are really testing the bears patience as they try and get EVERYONE BACK IN who sold off at the lows. This has been a grueling couple weeks especially after being up so much in a row. NDX is now at the 200 day and I have been timestamped bearish in the 7035

Silver is the Key to Gold $SLV $GLD $SIL

February 4, 2019 Published by heyimsnuffles

Following up to my $GLD post earlier today I want to touch on silver. Silver is a riskier asset which usually leads Gold (up and down) and outperform gold (up and down). Lately silver is playing catch up and not necessarily leading, however it is sitting at a very precarious spot.

Silver broke down below the lows of 2017 unlike gold. Silver then rebounded back into the wedge what I believe is shaping up to be a “failed breakdown”. These are very powerful signals.
If silver can get above 17.25 i believe it is going to propel all commodities higher and into

What is Bullish about Everyone WARNING about Guidance?

January 28, 2019 Published by heyimsnuffles

I am shocked how incredibly bullish the mainstream media and the talking heads are regarding the current situation within the market. After the Q4 that was sustained, yes we have rallied off the lows of Christmas Eve, it is hard to believe that we are going to rip straight back to 2900 where we were before (it is possible, not likely). I believe you are witnessing one of the biggest traps in the last decade brewing.
As you see above, even with the V Shape rally, SPX has been unable to even make it to the 200 day MA. This shows

BITCOIN: Price projection using Bars Pattern. Just for Fun… :-)

January 25, 2019 Published by timm

Using BITCOIN Weekly Chart, Log Scale.Applying tool “Bars Pattern” of the previous BEAR/BULL Market, period from November 25th 2013 till December 18th 2017

Assuming End of Previous BEAR Market by end of August 2015Fitting and adjusting “Peak to Peak” with the summit of the last Bull (December 18th 2017):

Conclusions:

Still a lower low would be expected. “Simulation” of the “Bars Pattern” indicates 2548 USD as the lowest point.A “Consolidation” period of 7 to 8 months would be expected.Start of A Bull Market September 2019322.000 USD by the end of 2021…in the meantime, lots of Dapps, crypto projects and adoption coming…

Will you have the patience to

When a Bullish Market?

January 19, 2019 Published by timm

…or better said, by when the reversal will be confirmed?

Honestly, I do not know with certainty but I can share with you what I think are really good and simple tools to assess this point:

The Crypto Total Market Cap, in a Daily timeframeThe 200 DMA lineThe “Volume Flow Indicator” by LazyBear

Essentially, the Market is in a Bearish Trend when, the 200 DMA keeps located above “Total Market candle Line” and the “Volume Flow Indicator” [VFI] keeps below the “0” line separating two scenarios.

So, to confirm the reversal trend we should have to see first, an “approach” of the “VFI”

Tag: market