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BITCOIN – some more room before channel bottom

January 14, 2019 Published by

Shortly after i posted btc analysis yesterday and it sell off below 3680 support. Possible short covering bounce. Still some more room to go for testing channel bottom around 3400 zone.
News: (Current) | (Upcoming)
Short term moving average (day candle) :
RSI :
Network Value to Transactions Ratio :123
Total marketcap :118
Dominance :52.9
Bitfinex Margin Long/Short Volume Ratio :
Depth Chart : (S) | (R)
Weekly Timeframe :

Crypto Contest January 14: Agrello

January 14, 2019 Published by

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,

BITCOIN: Testing and old resistance

January 14, 2019 Published by

Early yesterday we saw a sudden drop of the BITCOIN price followed by a short and shy consolidation movement upwards…

The drop was expected since the Elliot Wave count was alerting about that in order to complete a long 5-3-5 Correction…

The question is, does the drop terminated? It may have been terminated, actually it looks like a very short but probable 5th wave…

In order to know it we have to see how BITCOIN manage in front of the next resistance:

The RSI indicates oversold condition but the Constant Low Volume does not bode high hopes for recovery…

My plan keeps alive, for the

Goldman Sach Just Jumped On The Wagon

January 14, 2019 Published by

About one month ago, I noticed what looked like a smiley face…a bottoming pattern forming on Gold.

Metal Analysis Report 12-7-18…Do You See What I See???

YES, YES, the chart is suggesting price is forming a bottom and also broke the daily down trendline last month.

Then three weeks later, I noticed some bullish unusual option activity on Newmont Mining.  But more importantly, the bottoming pattern was confirmed by the specific pattern that I look for in reversals.

 Unusual Options Activity In Newmont Mining

Then a week later Jim Cramer jumped on the bandwagon. CNBC’s Jim Cramer said on his show, Mad Money that

Definition of a Risk Taker

January 14, 2019 Published by

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

No Kevin, Bitcoin will NOT bite the dust

January 13, 2019 Published by

“…I have also yet to hear a single intelligent challenge to this argument from the bitcoin community. Instead, the typical response has been personal abuse. Name-calling is no substitute for a reasoned response.”~ Kevin Dowd. Source: https://www.coindesk.com/bitcoin-will-still-bite-the-dust

CHALLENGE ACCEPTED

Kevin Dowd, a professor of finance and economics, wrote an article titled “Bitcoin Will Still Bite the Dust” which was published on www.coindesk.com on 13 January 2019. It’s based on a 2015 paper of the same name which he co-authored.

I haven’t read the 2015 paper and I certainly don’t intend to. For me the article alone was cringe-worthy. It contains statements in support

STEEM – more dump

January 13, 2019 Published by

quite abit of dump yesterday almost 1.2 million steem by steemit + slow bleed amount continuation yucks. I wonder if it’s been digested by the buyers. On 4hr chart, like retest of 700 support or possible down channel bottom around 680 support zone.
stockpile for short : high (more slow bleed)
Short term moving average (day candle) :
RSI :
SBD/STEEM :
Weekly Timeframe :
24hr change :
Marketcap :81
Volume :303
Current supply :293,377,178
Total supply :325,974,648.
Debt Ratio :
Daily supply :
Total account :

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

January 13, 2019 Published by

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

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

BITCOIN – will the pattern repeat again

January 13, 2019 Published by

On 4hr chart, been almost 10 days the margin short is lower than margin long but price isn’t heading anywhere upwards. Will the similar pattern repeat from 6400 drop to 3600 almost 50% decline (~3000pts move) happen again ?
On daily chart, need some oscillation up move before there’s room to head lower. Could be the start of the staircase pattern leg 1 and test towards low 3000s. Previous pattern of margin long > short last about 10 days before trigger, maybe we might see breakout soon in 1-2 days time.
News: (Current) | (Upcoming)
Short term moving average (day candle) :
RSI :
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