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BITCOIN: Bull Flag & Falling Wedge

February 1, 2019 Published by

I know, I know… I have been searching and telling you about it many times lately…

This is becoming boring…BITCOIN is moving terribly slowly…tracing a downtrend path which does not give us positive feelings right now. But, you know, Volume is the key right now. Volume has decreased a little every day, forming a “Falling Wedge” but, essentially is more or less constant if not flat at 5.5b$

The Bullish Divergence is still there and now BITCOIN is approaching to the upper resistance of this Falling Wedge. This breakage is the key now…

If, while approaching to this line, the Volume spikes then it

BITCOIN: Bull Flag & Falling Wedge

February 1, 2019 Published by

I know, I know… I have been searching and telling you about it many times lately…
This is becoming boring…BITCOIN is moving terribly slowly…tracing a downtrend path which does not give us positive feelings right now. But, you know, Volume is the key right now. Volume has decreased a little every day, forming a “Falling Wedge” but, essentially is more or less constant if not flat at 5.5b$
The Bullish Divergence is still there and now BITCOIN is approaching to the upper resistance of this Falling Wedge. This breakage is the key now…

If, while approaching to this line, the Volume spikes then it

STEEM – incoming TD9

February 1, 2019 Published by

On daily chart, TD8 1 more candle to TD9 possible reversal. If it does bounce, good on daily chart as it make a higher lows. On 4hr chart, stoch in extended zone, possible some bounce ahead.
stockpile for short : high (more slow bleed)
Short term moving average (day candle) :
RSI :
SBD/STEEM :
Weekly Timeframe :
24hr change :
Marketcap :86
Volume :204
Current supply :
Total supply :
Debt Ratio :
Daily supply :
Total account :
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My Music photography – Conquest of steel at the Snooty fox, Wakefield, UK. 22nd May 2011

February 1, 2019 (updated February 1, 2019) Published by

Taken A few years ago when i used to photograph local bands and festies. Canon EOS 300D DIGITAL, no flash. processed in Photoshop.

If you like my posts and what i’m doing on steemit, please give me a witness vote.
witnesses keep the steemit blockchain running smoothly and it costs us to run our servers.
Your witness vote helps to pay for the server cost. as yet i do not have enough votes to cover my costs.

Please vote pcste for witness.
to vote for me go to : https://steemit.com/~witnesses scroll down the page and enter pcste into the box (dont use @sign) then click vote.

BITCOIN – tri star weekly again ?

February 1, 2019 Published by

On 4hr chart, did higher lows testing the resistance again, let see if it can do a higher highs and test the previous triangle bottom, now resistance. May test and pullback to channel bottom. Maybe can close of the week candle somewhere near the open to form tri star pattern which maybe a possible reversal but the previous look like tri star pattern bring btc from 6400 to the low 3000. What will it do this time ?
News: (Current) | (Upcoming)
Short term moving average (day candle) :
RSI :
Network Value to Transactions Ratio :130
Total marketcap :114
Dominance :53.4
Bitfinex Margin Long/Short Volume Ratio :
Depth

Finally, A Chance To Short The Cruise Ships – Part 2

February 1, 2019 Published by

Last month I wrote about the cruise ship industry,

Finally, A Chance To Short The Cruise Ships

I have been eyeing the cruise ships for nine months. If the economy is slowing / tanking, consumer will have less and less discretionary funds.

Royal Caribbean, the world’s second-largest cruise company operates more than 50 ships under the brands Royal Caribbean, Celebrity Cruises, Azamara Club Cruises and CDF Croisieres de France.

So the trade set-up is if price can pull back to the weekly supply at $106, the chart suggests price will head down to the weekly demand at $80.

Well, I got this one wrong and

Ripple – we need to talk : Part 2

February 1, 2019 Published by

Yesterday I started to voice some concerns that I have about Ripple in the post: “Ripple – we need to talk“. I made the statement that “Ripple is not a cryptocurrency” and left quite a few open statements. Today I’m going to tell you why I say that as we look into ripple in a bit more detail.

As I said previously: I’m very concerned by all the pro-Ripple articles and sentiment which I am seeing at the moment. I believe that many people have been/are being misled and are uninformed. That is why I am writing this post. I also

Is Fed Powell Wall Street’s Newest Puppet???

February 1, 2019 Published by

During a question-and-answer session Oct. 3, Fed Chairman Jerome Powell said the central bank was a long way from adopting a neutral rate of growth.   The Markets didn’t like what Powell said and showed him by tanking.

Then in December, Powell said the Fed’s program to reduce the bond holdings on its balance sheet was on “autopilot.”  Powell later went on and raised short-term rates another one-quarter percent.  The Markets didn’t like what Powell said and showed him by tanking again.

At this point, the Markets had Fed Powell right where it wanted him.  In early January, during a round table with

Life and Times of an Honest Business Man: No Good Deed Unpunished

February 1, 2019 Published by

Anyone who has ever done business for themselves knows that you rarely get 100% transparency in most transactions.
Business people have their best interest in mind, even if a win-win would make things better for everyone.
Don’t get me wrong, there are honest people out there going the extra mile, but they are not the majority
Maybe they should be, sometimes you can be too helpful and honest.  I’m guilty of it and it does lose me deals sometimes. I’d rather have the goodwill I suppose.
No Good Deed Goes Unpunished
Since I have gotten my real estate license for the purpose of selling some

Life and Times of an Honest Business Man: No Good Deed Unpunished

February 1, 2019 Published by

Anyone who has ever done business for themselves knows that you rarely get 100% transparency in most transactions.
Business people have their best interest in mind, even if a win-win would make things better for everyone.
Don’t get me wrong, there are honest people out there going the extra mile, but they are not the majority
Maybe they should be, sometimes you can be too helpful and honest.  I’m guilty of it and it does lose me deals sometimes. I’d rather have the goodwill I suppose.
No Good Deed Goes Unpunished
Since I have gotten my real estate license for the purpose of selling some

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