Forex Analysis Report – 5/26/19…I Missed My NZD/USD Short Opportunity

The New Zealand Dollar remains under pressure early Thursday as lingering U.S.-China trade tensions continue to weigh on sentiment. Sellers are also responding to heightened concerns about global growth and the news that the Trump administration is considering Huawei-like sanctions on Chinese video surveillance firm Hikvision.Bearish traders are also betting on a further reduction of the cash rate before year end. That could be the reason why the New Zealand Dollar failed to draw support from Wednesday’s better-than-expected retail sales data.The release of the Fed minutes on Wednesday failed to generate much movement in the currency. Even with the Fed

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Crypto Contest May 26: Celer Network

Celer Network (Binance: CELRUSDT) has broken out of the triangle pattern in the four-hour chart.

(Chart courtesy of Tradingview.com (log scale))

Elliott Wave Analysis

In Elliott Wave terms, Celer Network began a wave one advance on May 9. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on May 21, and the red wave two (blue sub-waves a-b-c) correction ended on May 25. If this wave count is correct, Celer Network should be heading next towards the May 21 peak in the red wave three.

(Chart courtesy of Tradingview.com (log scale))

Funnymentals

Celer Network is a layer-2 scaling platform that enables fast, easy and secure off-chain transactions. BlockchainBrad interviewed the

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Psychological Stages of Investing in Real Estate

Like anything else in life the biggest obstacle to our progress is often ourselves. Most people progress through these psychological stages of real estate investing, but some get stuck.
This is something I have talked about in the past and thought worth revisiting.
Psychological Stages of Investing in Real Estate
1. Nervous Beginner
This is when you are yet to do your first deal or maybe you have even done a deal with a mentor and are on to doing one by yourself.
You have decided that investing in rental properties is the right investment for you. You are excited about it, you have done

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Crypto Contest May 25: U Network

U Network (Huobi: UUUBTC) 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, U Network began a wave one advance on February 25. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on April 8, and the red wave two (blue sub-waves a-b-c) correction ended on May 14. If this wave count is correct, U Network should be heading next towards the April 8 peak in the red wave three.

(Chart courtesy of Tradingview.com (log scale))

Funnymentals

U Network is a decentralized content asset storage, notarization, distribution, publishing and valuation network. Crypto Love reviewed the

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Crypto Contest May 24: Bibox Token

Bibox Token (Huobi: BIXUSDT) 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, Bibox Token began a wave one advance on February 3. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on April 3, and the red wave two (blue sub-waves a-b-c) correction ended on May 10. If this wave count is correct, Bibox Token should be heading next towards the April 3 peak in the red wave three.

(Chart courtesy of Tradingview.com (log scale))

Funnymentals

Bibox is an AI-enhanced encrypted digital asset exchange. SMC Capital interviewed the co-founder earlier this year.

(Sources: Bibox Token

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Lowes Suffered A Major Mishap After Announcing Earnings

Lowes announced mixed first-quarter 2019 results and reduced its full-year outlook yesterday sending the stock down double digits, its worst one-day stock plunge since 1992.

The good news was Lowe’s quarterly sales grew 2.2% year over year, to $17.74 billion with a 3.5% increase in comparable-store sales.  The bad news was Lowe’s revised its 2019 earnings per share outlook downward to a range of $5.45 to $5.65, from a previous range of $6 to $6.10 because they failed to raise prices in time to make up for higher costs.

What happened, according to Ellison, is this: Essentially, Lowe’s merchandising executives were

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Crypto Contest May 23: Blockparty

Blockparty (Bittrex: BOXXBTC) 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, Blockparty began a wave one advance on January 13. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on March 18, and the red wave two (blue sub-waves a-b-c) correction ended on May 13. If this wave count is correct, Blockparty should be heading next towards the March 18 peak in the red wave three.

(Chart courtesy of Tradingview.com (log scale))

Funnymentals

Blockparty is an event ticketing blockchain platform. You can watch their latest AMA below.

https://youtu.be/h3zbeasTj-A

(Sources: Blockparty and YouTube)

How can I vote? Where

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Crypto Contest May 22: Everipedia

Everipedia (Bitfinex: IQXUSD) 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, Everipedia began a wave one advance on February 6. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on April 16, and the red wave two (blue sub-waves a-b-c) correction ended on May 14. If this wave count is correct, Everipedia should be heading next towards the April 16 peak in the red wave three.

(Chart courtesy of Tradingview.com (log scale))

Funnymentals

Everipedia’s IQ Network is an encyclopedia that allows anyone to become a stakeholder in the system and earn rank, rewards & tokens for

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Crypto Contest May 21: SunContract

SunContract (Huobi: SNCBTC) 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, SunContract began a wave one leading diagonal advance on December 12, 2018. The red wave one finished on December 29, 2018, and the red wave two correction ended on January 29 this year. The red wave three (blue sub-waves i-ii-iii-iv-v) advance finished on April 8, and the red wave four (blue sub-waves a-b-c) correction ended on May 14. If this wave count is correct, SunContract should be heading next towards the April 8 peak in the red wave five.

(Chart

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Steem Price Rally – Keeps on Passing Me By

Does something count as a rally if it doesn’t breakout above it’s nearest resistance level?
The Alt Rally That Wasn’t?
So after BTC ripped we did see a small alt rally, especially in the larger cap coins like ETH, LTC, EOS and even XRP.
All of these coins pushed higher out of the ranges they had been stuck in.  Unfortunately STEEM did not do the same.
Looking at the chart in the post you can see we saw a little price rally for a few days that tested the 40 cents resistance area only to get smacked down.
Disappointing indeed, but atleast it made a

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