money – Page 70

Bitcoin Technical Analysis: PRICES SPIKE, BUT DON’T GET COMFORTABLE YET

January 14, 2019 Published by workin2005

Bitcoin’s price spiked from a low of $3,480 to $3,700. It’s currently trading around $3,670 on Coinbase. We know $3,600 was acting as a strong support before prices dropped 2 days ago. Often when a support is broken, it starts acting as resistance. In this case, when price spiked, $3,600 did not act as resistance. This gives bulls some hope for a larger rally. Let’s now see if $3,600 starts acting as support again.

This latest rise in price also came with a drop in long positions. In other words, traders to profit. This is a healthy sign.

Unfortunately, overall daily volume

Cancelled Two Forex Pending Orders

January 14, 2019 Published by timm

It’s January 13th and I have yet to place a trade in forex 2019. By no means is it due to the lack of volatility. For example, when Apple pre-announced two weeks ago, the Japanese Yen pairs went bonkers. For example, just look at what happened on the USD/JPY.

The pre-announcement occurred after the US session close. During the period between the US close New York and the Tokyo open in Tokyo, few human traders are involved in the forex markets. More than likely the flash crash was algos sniffing the internet for news and sold the Markets when Apple

Crypto Contest January 14: Agrello

January 14, 2019 Published by maarnio

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,

Definition of a Risk Taker

January 14, 2019 Published by timm

Investing has risk. There is no two ways about it. Some investments have very marginal risk while others have much more volatility, either way you need to take risks if you want to invest.
Definition of a Risk Taker
Do you know what the definition of a risk taker is?
It is…

Someone who steps into the game without already knowing the answer.

Here’s the thing – we never know the answer.
We can analyzed a bunch and put the odds well in our favor, but you do not know 100% how an investment will play out, well atleast anyone that includes even a morsel of

@Steemit is Powering Down…Everything…Longterm GREAT THING $STEEM #crypto

January 13, 2019 Published by heyimsnuffles

Well folks, I believe the time of Make it or Break It may not be upon us in the Steem ecosystem. @Steemit has decided to start its’ power down of 34 Million Steem Power as you can see below.

They then send a memo to say they are moving the Steem to “secure wallets”. I call absolute bullshit on this reasoning. They are powering down to pay for the company and expenses, and likely also for some more research and expenditures. I presently have some mixed feelings about this situation…
Normally when The Majority stake holder starts selling LARGE amounts (it is

American Airlines Sounding The Alarm Too

January 13, 2019 Published by timm

Two months ago I wrote a post calling the tops in the Transports,

I’m Calling The Top In The Transports

The charts are telling me the top is in on the Transports. The iShares Dow Jones Transportation, IYT, is exchange-traded fund that is highly correlated to the Dow Jones Transportation Average. The index includes companies within the trains, planes and auto…I mean trucking sector.

Last Week, Delta became the first airline to sound the alarm. Shares of Delta Air Lines finished 9% lower yesterday after they trimmed their revenue forecast for the fourth quarter. They also cut their growth estimate for revenue per

Crypto Contest January 13: Unikoin Gold

January 13, 2019 Published by maarnio

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

Crucial Week For The Banks

January 13, 2019 Published by timm

The Financial Select Sector SPDR® Fund seeks to provide precise exposure to companies in the diversified financial services; insurance; banks; capital markets; mortgage real estate investment trusts (“REITs”); consumer finance; and thrifts and mortgage finance industries. The top holdings include:

Source

Raymond James downgraded 13 banks on Monday and lowered earnings estimates for most banks citing downward revisions to net interest margin and slowing loan growth.

Banks make loans to borrowers at a higher rate than non-performing assets such as savings accounts and CDs and profit from the difference.

However, in an environment in which the yield curve is flattening, Banks’

$SPX Weekly Outlook: Neutral Bearish $QQQ $IWM $DJI

January 13, 2019 Published by heyimsnuffles

Here we are back again with another weekly look at the US Markets. SPX has rallied off the panic lows from Christmas Eve (which was called for) and is sitting right at 2600 resistance. The Outlook is neutral with a Besrish bias…
You can see the clear resistance lines of 2600 AND 2680. This resistance goes all the way back to 2017 and should be noted. IF you missed the first chance to sell at 2900 and then the break of 2760 then here is yet ANOTHER chance to sell.
The largest rallies happen in BEAR MARKETS, and do not let the

Bitcoin and EOS Technical Analysis: WEEKEND UPDATE

January 12, 2019 Published by workin2005

Bitcoin is consolidating right on top of the $3,600 support zone. Should price decisively break below $3,600, the next relevant area of support is between $3,400 and $3,250.

In my last EOS update, I pointed out the larger wedge it was consolidating in. I told you it would likely make a larger move as EOS approached the apex. The following day, price broke down from $3.00 to as low as $2.30. It then sightly rallied to the $2.45 support zone. EOS continues trading around $2.45 at the time of writing this update.

In today’s video analysis I discuss, where prices may be

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