Bitcoin Accumulation or More Pain to Come?As I've been saying. The best case scenario for Bitcoin during these upcoming months is to hold and stay above the crucial $30,000 level of support. Our worse case scenario is having daily and weekly candle closes below $30,000. Looking at the monthly chart we're approaching bearish divergence on the MACD and most likely will diverge. The question is can $30,000 continue to hold as the market continues to slowly sell off. How much more fearful can we get?
We are now back at the bottom of this channel once again. As long as we're at these levels expect Bitcoin to come back down and re-test the lows $28,750. This is nothing we haven't already seen. I can smell the fear, uncertainty, and doubt through my screen every time we range back down in the lower $30ks.
A couple things to keep in mind:
* On the Fear & Greed Index Bitcoin has been extremely fearful since May 14 and we continue to remain extremely fearful.
* This is the longest time in Bitcoins history we've been in a prolonged state of extreme fear.
* A Death Cross (200 day MA going below the 50 day MA) has already formed on June 19th.
* Bearish Divergence is approaching on the monthly MACD.
* Google Searches for Bitcoin are at a 7 month low.
* Unlike the 2017 market top & crash its confirmed that Bitcoin has been in a Wyckoff Distribution schematic. Which indicates there's big money, wall street, and major financial institutions are more directly involved in this market than ever before.
*It has so far been evident that Bitcoin between $28,000 - $31,000 have been very hot accumulations zones for whales. Of course that can always change.
*If we can't hold $30,000 then $20,000 may be our next stop.
This current market sentiment and fear will not be here forever. When we're very greedy then becoming extremely fearful becomes greater over time. After we've exhausted being extremely fearful then our human greed over time slowly starts to build up again. It is a constant back and forth.
We will come out of this period more resilient than ever. I do believe we will probably remain sluggish for the next couple of months if there's no decisive break to the downside just looking at the monthly charts. How low do we go? Nobody knows we need to take this day by day and week by week.
Don't forget the underlying power that you have by owning Bitcoin. You are you're own bank. You have digital property and freedom outside of our corroding financial system. Bitcoin is a powerful technology that monetizes peace, fairness, and mathematical integrity in economics. This is why its a big deal and will not go away.
Much peace, love, health, and wealth.
Power
China Mobile Reduces the Power Consumption of 5G Base StationThe large operator has built more than 50% of the 5G base stations in the world.
In July 2021, China Mobile announced that the power consumption of the 5G base station had been reduced to a figure amounting to about three times that of the 4G base stations, about 1900W. The energy consumption of a single station was more than four times that of a 4G station in 2019. At that time, according to China Mobile, a single 4G base station required about CNY 20,000 operating fees per year, while a 5G base station required about CNY 55,000.
Even as the technology becomes more widespread, high power consumption continues to be an important factor hindering the development of 5G.
In the future, the company hopes to further reduce the energy consumption of 5G base stations through the use of new technology layers and devices. The company's goal is to reduce the peak power consumption of 5G base stations to twice that of 4G by 2025.
By the end of March 2021, the number of 5G base stations in China had reached nearly 820,000, accounting for 70% of the 5G base stations in the world. Among them, China Mobile accounted for half, with 410,000 stations. At present, the number of 5G user connections in China exceeds 280 million, accounting for 80% of global 5G connections. Overall, the reduction of energy consumption has serious strategic meaning for the Chinese 5G industry.
Balance Of Power From ScratchHello, traders!
As you know it's very important to identify the balance of bulls and bears. Today, we introduce you one of the most pretty and easy-to-interpret tools - Balance Of Power Oscillator.
Balance of Power (BOP) is an oscillator that measures the strength of buying and selling pressure. Introduced by Igor Levshin in the August 2001 issue of Technical Analysis of Stocks & Commodities magazine, this indicator compares the power of buyers to push prices to higher extremes with the power of sellers to move prices to lower extremes. When the indicator is in positive territory, the bulls are in charge; and sellers dominate when the indicator is negative. A reading near the zero line indicates a balance between the two and can mean a trend reversal.
The Balance of Power indicator shows the direction and extent of price change during the trading period. Like most oscillators, the Balance of Power indicator can be used to identify trends, divergences from price, and overbought/oversold conditions. Zero-line crossovers provide buying and selling signals.
Possible Signals
Zero-Line Crossovers
The scale of this oscillator ranges from -1 to +1, with 0 as the centerline. Zero-line crossovers indicate a move into positive or negative territory, and are often used as buy or sell signals. A cross above the center line generates a buy signal, and a cross below generates a sell signal.
The data is smoothed with a moving average in order to reduce the number of whipsaws. An SMA with more periods reduces the number of false crossover signals, but also reduces the responsiveness of the indicator.
While the main signal provided by the Balance of Power indicator comes from zero-line crossovers, it can also be used to determine the trend, look for divergences in price, and identify overbought/oversold securities.
Trend identification
A rising BOP line indicates an upward trend and a falling BOP line indicates a downward trend. The zero-line crossover confirms the trend change.
Divergences with Price
When price makes new highs but BOP doesn't, that is a negative divergence; when price makes new lows but BOP doesn't, that is a positive divergence. These divergences can foreshadow a change in trend.
Conclusion
The Balance of Power (BOP) indicator uses price to measure buying and selling pressure. It determines the strength of the buyers and sellers by looking at how strongly the price has changed, rather than using volume.
As with all indicators, traders should use the Balance of Power indicator in conjunction with other indicators and analysis techniques.
Southern Company Stock Analysis (SO)Basic Facts:
Southern Company is itself a holding organization who owns all of the Common Stock for Alabama Power, Georgia Power, Mississippi Power, and Southern Gas; all of which are publically operating utilities. Southern’s other holdings include Natural Gas Distribution, Marketing, Wholesale services, and pipeline investments.
Growth Factors:
The total customers served under Southern’s (SO) area are about 4.5 million. This looks to be one of the largest areas of growth for the next decade. The recent pandemic has forced many people to re-evaluate what they want out of life. Contemplation has resulted in a mass exodus from northern states to southern states (see census data) as many freedom sensitive and financially cognizant individuals seek more accommodative socio-economic environments. I see this trend to continue as COVID transforms from a persistent threat to a source of past-trauma and driver of personal reflection. The trend of “realization” will, in all likelihood, continue and grow to a nexus in the next couple years. This may well increase Southern’s customer base by an order of magnitude over the next decade. The number of customers will grow until economic pressures force northern and liberal states to seek conformity with their more free counterparts. I think these pressures will need to persist for ten years before changes in these sates become apparent enough to soften demand for family and individual relocation.
Demand for Green Energy isn’t subsiding. Common notions of “green” energy typically involve: Solar, wind, and natural gas. Southern has a large presence in the Natural Gas industry along with very accommodative infrastructure and buy-back policies for solar generation. Political environment and other entities with SO’s area (Transmission entities, EMC’s, and Power Co-ops) are also accommodative to Solar Generation through buy-backs and Green Energy purchasing programs. These will bode well against the persistent narrative in favor of green energy.
SO’s interest in the Vogtle Units 3 and 4 also paints a very good picture for the future of net-zero carbon emitting generation. Commonly repeated negativity surrounding the numerous cost over-runs and delays surrounding construction of the Units are, in my opinion, vastly over-stated. The new Vogtle Units are state-of-the-art (new cooling technology and new style Westinghouse alternator). Most of what’s being done at Vogtle has never been done before in scope, scale, or timeline. The bankruptcy of Westinghouse (the manufacturer of the alternator used for Units 3 & 4) also stretched expected completion date. Considering these pressures, miscalculations in costs and timelines are to be expected. However, I believe most investors have priced in delays within the present stock’s price (~$61.00 per share).
I treat the inclusion of expanding Nuclear generation in my bullish assessment of Southern’s stock because, as the amount of traditional green energy (Solar and Wind) increases as a percentage of effective generation, it will become painfully clear the system becomes more fragile in exponential proportion to the amount of “green” generation expressed. Protecting the system against itself when this proportion of expressed green generation is large remains an evolving science. Many substations are adding high-voltage reactors to provide inertial frames for fault detecting relays but this will likely not be enough to appropriately protect the electric system. This will make classic rotating machines (steam turbines) necessary to provide base-generation and system stability (this is not opinion, but fact).
Nuclear power is also cheaper to generate though maintenance costs can be substantive (there are few things more complex than steam turbines). This will create an economic pressure for Southern to generate more power through their nuclear units as other utilities looking to buy power off the wholesale markets demand the cheaper energy (this is my opinion).
Monetary Environment:
In the age of Central Bank debt jubilation it’s always appropriate to consider the actions of the Federal Reserve into one’s evaluation of American equities. This is no different for my evaluation of Southern Company. The Fed has provided markets with liquidity ad nauseam. This was true even before the repo crisis of summer 2019 and the liquidity crisis of March 2020. Looking at the chart, one can see the precipitous rise of SO’s stock price throughout 2019 as the Effective Federal Funds Rate (in purple) decreased rapidly in the aftermath of the “taper tantrum” in 2018.
As the Fed has driven down the effective interest rate and costs of capital, investors can expect more capital appreciation for each dollar invested into financial markets. This has resulted in speculative waves in tech and other growth sectors which themselves have bred things like “meme stocks” and ESG investors. Narrative and “hopium” have become more significant than cash flow and asset valuations. This fact makes my present valuation of most equities included within the S&P remarkably over-bought and “bubbly” (death-gaze on TSLA). Over time, debt can never remain solvent at the present levels. The Fed will have to taper eventually and, once it does, capital will fly at super-sonic speeds away from growth investments (Amazon, Apple, Tesla, NVidia, and the tech industry as a whole) to value investments, like SO. This will not necessarily result in a rise in the stock’s price but those who are already positioned in value stocks once the Fed tapers will sleep easily.
Stock Price:
I expect the utility sector to languish through the summer as monetary conditions will remain accommodating throughout the rest of 2021. I don’t expect a rise of the stock price above $67.00 throughout the summer with no breakout above $70.00 for 2021.
The short-term trend of SO is bearish with the equity in a noticeable downtrend. However, SO is approaching the lower bound of a regression trend with a buy price of $60.50. A longer-term regression trend shows a bullish trend with the present price approaching the lower bound of that trend as well.
SO will need to hold $60.00 as a resistance. If this resistance fails the next price target would be $57.35.
My longerm (3-10 years) valuations is: BULLISH
$GPX June Update*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
We have had eyes on $GPX for some time now.
$GPX provides training, e-learning solutions, management consulting, and engineer services to the following companies: Automotive, financial services, insurance, steel, oil, gas, power, chemicals, electronics, education, software, healthcare, retail, food and beverage industries, as well as government agencies.
A large portion of the industries that $GPX provides services for are currently on the rise. $GPX has been handling their financials spectacularly and have paved a way for a bright future if their operations continue to run smoothly.
My team has been scoping for a long $GPX entry for the past few weeks, and we have finally found our target.
We're entering $GPX tomorrow morning 6/15/21 at $16.09 per share.
Entry: $16.09
First take profit: $19.5
2nd take profit: $23
Stop loss: $15.25
If you want to see more, please like and follow us @SimplyShowMeTheMoney
BASICS OF SAVING & INVESTMENT | RULES YOU SHOULD NEVER BREAK
Debt and living on credit is a universal norm.
While the "wisest" among us are trying to persuade themselves how they "hack" the system buying on credit card smartly, the richest among us keep following totally different commandments .
You must remember that debt makes you dependent , it makes you submissive to the system.
To become truly free and wealthy, here are the simple rules that will change your life if you follow them:
1 - Spend less than you make
2 - Do not save what is left after spending, but spend what is left after saving
3 - Invest the rest in the industries that you understand
4 - Never borrow to invest
5 - Stop trying to get rich quick
6 - Never let your emotions intervene
7 - Patience pays
The rules by themselves are very easy and straightforward, however, most of us are not disciplined enough to follow.
Learn them, try them, practice them and one day you will become free!
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It truly helps!
Thank you!
Why The Rich Get Richer. It Is Your CHOICE
What is the difference between the rich vs poor mindset? How do the successful differ from the rest of us?
So many people do not obtain financial freedom because they do not have one thing: the right mindset. Everything starts with how you think about money, wealth, and success. It is not a matter of luck, birth, or connections.
The biggest differences between rich and poor people can be traced back to mindset, outlook, and behavior. The rich and the poor don’t only differ in how much they have in their pocket, but also in how they think. Rich people have a way of thinking that is different from poor and middle-class people.
They think differently about money, wealth, themselves, other people, and life . By doing so, you will have some alternative beliefs in your mind from which to choose. In this way, you can catch yourself thinking as poor people do and quickly switch over to how rich people think.
A positive attitude, focusing on doing the right thing overlooking good, becoming a continual learner and careful risk management are all differences between the rich and poor. This reduces their odds of becoming poor after disaster strikes, and it helps them achieve their financial goals over the long-term.
A rich mindset will tell you to be self-sufficient & build multiple streams of income . It will tell you to build a team of smarter people than you to leverage the efforts of talented people. The mindset of the rich is the most decisive reason why “the rich keep getting richer, while the poor get poorer.” Bill Gates has been quoted as saying, “If we weren't still hiring great people and pushing ahead at full speed, it would be easy to fall behind and become some mediocre company.”
So, which mindset do you have?
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Summer pool play LESLGo long LESL. Play on pools and increased home-ownership/pool installations over the pandemic. The upward channel has remained intact despite the market-wide correction. Could be a good trade for the summer and possibly beyond depending on how the company performs and the quality of the earnings/growth reported since it did just recently start trading publicly.
The current chlorine shortage and pent-up demand for more pools will give Leslie's pricing power. It is also under-owned based on RSI with MACD looking ready to bottom-out and head up for a bullish MACD cross.
MASS ADOPTION BEATING SELLING POWERS - FUTURES - BTC - DAILYWe have observed possible very strong selling powers trying to influence the prince in the bearish direction.
The red arrows are showing when strong selling power have possibly failed.
Green arrows are showing some strong buying responses. Other bullish responses exists but are continuous drawing the hypothesis of small investors entering the market at those very high prices.
The power of believe in cryptocurrencies and their future utility in the society brings more and more people in.
The blue trending line is probably showing the trend of BTC. Dollar cost averaging is likely to be a good strategy to accumulate and benefit the most of it. More and more companies are studying the possibility of adding BTC Bitcoin to their balancesheet.
REEF recovering power after Sam Trabucco's FUD attack.As you can see, REEF defeated the Sam Trabucco's FUD attack.
This is not the first time that REEF got fud-attacked, and always the crypto defeats these criminal people.
Why they attack REEF? Because they feel envy and fear by the great potential this project has, and the very good person and CEO that Denko is.
Now, you can see why is too important keep calm and NEVER sell when a FUD attack comes to your crypto.
This is a very great experience for all.
Don't worry, REEF will go to the moon.
If you are out of REEF, buy it right now and add to your portfolio; this is one of the most important and powerfull crypto projects right now.
0.055 level broken! GOOD NEWS!REEF has broken the hard 0.055 level with more than $2 M on Binance order book.
This stablished a new very high power for REEF!
Next power target: 0.056600
USDCAD: into Bullish week ?When it comes to inflation, everyone is watching. On 17 March, Inflation rates in Canada will be released; meanwhile bulls are trying to lift back this one that is sitting inside a support zone meaning that we will be looking for buy opportunities. If the price will retest one more time the upper trendline, a buy can be executed. Also RSI is breaking 30% level, adding more confirmation on this one.
Wait and Trade Safe
TORRENT POWER is too far from its POCThe stock seems to be having jitters of being too pricey. There has been formation of inside bar on daily and the stock is too far from moving averages thus a resistance on 20 EMA and thus a fall downward to the red line being 200 EMA would be easily achievable in coming time within 2 weeks.
Congratulations for all, you're the best!Like I've said some days ago, we are launching to the moon and beyond.
You're great, congratulations to all holders, you're the most beautiful and rude people.
Now, we have a mission.
All in this universe is energy; we are going to the moon, but we need attract more positiveness and good vibes too, that's the key to reach the triumph faster.
So, the following thing that ALL we do, is a vision board with our REEF charts.
Create charts with anything indicating the price will explode to Jupiter.
Talk to all your trading friends about REEF too, and share information on social media. This is a very recently project, so, people needs to know it; this will bring a faster growth.
All days give thanks to the universe and the nature for the great person you are, and feel your upcoming triumphs always, like if you have them in your hands, because yes, you already have them.
If your friend asks "What Is Reef (REEF)?" just say:
Reef is a DeFi platform built on Polkadot that aims to deliver cross-chain trading. A yield engine and a smart liquidity aggregator are among the project’s offerings.
Work began on the project in the second half of 2020. Those behind Reef argue that the process of trading, lending and staking crypto is currently fragmented — creating “a painful experience for all of its participants.”
Reef aggregates liquidity and provides automation. It also aims to address the drawbacks associated with existing trading platforms. While centralized exchanges are prone to security breaches, decentralized rivals can lack liquidity and are often difficult to use.
Who Are the Founders of Reef?
Reef was founded by Denko Mancheski. His motivation was to remove technical barriers to entry for retail investors who want to get involved with DeFi — and offer a straightforward decision-making process that takes a user’s appetite for risk into account.
Mancheski wanted to help crypto newcomers overcome the complexities associated with using order books, and enable them to learn how different protocols work with ease.
Born in Macedonia, Mancheski said that his passion for fintech led to him being introduced to blockchain technology. He has described forming a competent team as the biggest challenge associated with bringing Reef to life.
When asked about the personal attributes that will help him become a successful entrepreneur, he added: “I have a very addictive personality — I just can’t stop doing something until I get to the imaginary goal that I set for myself.”
Mancheski previously worked as a chief technology officer for Adel , a global crypto community that serves as a “technology incubator for blockchain innovation.” He was also appointed as CTO for Viewly, a social video platform without advertisements.
What Makes Reef Unique?
Reef is geared towards newcomers, as well as current DeFi users who find it difficult to keep up with the best investment strategies. The company also wants to tackle the high gas fees that are seen on the Ethereum blockchain, which some claim renders DeFi protocols “unusable.”
When it comes to Reef’s unique attributes, one is linked to how any DeFi protocol can integrate into its operating system. Users can enter and exit into their chosen positions in a single click — and removes some of the hassle associated with managing liquidity pool tokens.
Because of how it has been built on Polkadot, Reef is able to support DeFi protocols on Avalanche, Moonbeam and Plasma, as well as on Ethereum and the Binance Smart Chain. As a result, Reef users have access to a broader number of platforms without requiring multiple accounts and a myriad of usernames and passwords that can be difficult to keep track of.
So, dear friend, think positive, you're a succesful person, money comes easily and fastly to you.
Bitcoin regression to hit $1-5 million within 12 years Was Jack Dorsey correct in predicting "bitcoin would likely become the single global currency within 10 years, “but it could go faster.” back in 2018?
Trolololo's famous 2014 regression predicted a price of $100,000 for bitcoin by July 2021 after correctly predicting a price in excess of $10,000 in 2017. The $100k target remains to be achieved, but seems likely based on current trends and momentum.
Bitcoin logarithmic power law predicts a Bitcoin price by 2032 of at least $1 million and as high as $7 million by 2032, which would put bitcoin in a similar ballpark in terms of total market as of Gold.
Based on "final" destinations and measuring the power law channel based on previous tops, a high of between $95k-150k is possible to estimate for the current halving cycle, assuming the cycle high is complete before the end of 2021, with a cycle low excpected between $20k and $50k before 2024.
Here will be the price.Be patient, REEF accumulation is being completed.
Today RVN is on $0,26 with a supply of 8,1 Billions.
REEF has ONLY 3,02 Billions of supply.
Will reach $0,5 in a short time, and it is one of the coins that left without been exploded.






















