{
  "op": [
    "comment",
    {
      "body": "Congratulations @proofofresearch! You received a personal award!\n\n<table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@proofofresearch/birthday1.png</td><td>Happy Birthday! - You are on the Steem blockchain for 1 year!</td></tr></table>\n\n<sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@proofofresearch) and compare to others on the [Steem Ranking](https://steemitboard.com/ranking/index.php?name=proofofresearch)_</sub>\n\n\n###### [Vote for @Steemitboard as a witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1) to get one more award and increased upvotes!",
      "title": "",
      "author": "steemitboard",
      "permlink": "steemitboard-notify-proofofresearch-20190729t002415000z",
      "json_metadata": "{\"image\":[\"https://steemitboard.com/img/notify.png\"]}",
      "parent_author": "proofofresearch",
      "parent_permlink": "ripple-looks-ripe-for-a-reload-of-the-shorts"
    }
  ],
  "block": 35071450,
  "trx_id": "ac84dfc6ba5e6e8c3a3c0ae082dbef06fb4b3691",
  "op_in_trx": 0,
  "timestamp": "2019-07-29T00:24:18",
  "virtual_op": false,
  "trx_in_block": 8
}

{
  "op": [
    "vote",
    {
      "voter": "holosplay",
      "author": "proofofresearch",
      "weight": 10000,
      "permlink": "usdzcash-is-nothing-more-than-a-pump-and-dump-get-rich-quick-scheme"
    }
  ],
  "block": 30295917,
  "trx_id": "350885a26793074b1adb804812591c6f19d47aea",
  "op_in_trx": 0,
  "timestamp": "2019-02-12T23:35:21",
  "virtual_op": false,
  "trx_in_block": 35
}

{
  "op": [
    "vote",
    {
      "voter": "getsome3000",
      "author": "proofofresearch",
      "weight": 10000,
      "permlink": "serious-issues-with-usdneo-it-does-not-work"
    }
  ],
  "block": 28470496,
  "trx_id": "7a3d572e79232b33a1e10a23bb0ed33e9a4294c1",
  "op_in_trx": 0,
  "timestamp": "2018-12-11T13:07:51",
  "virtual_op": false,
  "trx_in_block": 30
}

{
  "op": [
    "vote",
    {
      "voter": "nckouba",
      "author": "proofofresearch",
      "weight": 10000,
      "permlink": "serious-issues-with-usdneo-it-does-not-work"
    }
  ],
  "block": 28130142,
  "trx_id": "c769643bb1f7089d2ed06e8d32427f702e285f0f",
  "op_in_trx": 0,
  "timestamp": "2018-11-29T17:21:39",
  "virtual_op": false,
  "trx_in_block": 1
}

{
  "op": [
    "vote",
    {
      "voter": "magnet4r",
      "author": "proofofresearch",
      "weight": 10000,
      "permlink": "ichimoku-cloud-explained-thoroughly-debunking-ichimoku-myths"
    }
  ],
  "block": 27720742,
  "trx_id": "e28d20264a19c05a2540350e6e59533cbe2e638b",
  "op_in_trx": 0,
  "timestamp": "2018-11-15T12:01:30",
  "virtual_op": false,
  "trx_in_block": 24
}

{
  "op": [
    "comment_payout_update",
    {
      "author": "proofofresearch",
      "permlink": "ripple-looks-ripe-for-a-reload-of-the-shorts"
    }
  ],
  "block": 26967777,
  "trx_id": "0000000000000000000000000000000000000000",
  "op_in_trx": 3,
  "timestamp": "2018-10-20T08:05:24",
  "virtual_op": true,
  "trx_in_block": 4294967295
}

{
  "op": [
    "comment_payout_update",
    {
      "author": "proofofresearch",
      "permlink": "serious-accumulation-on-litecoin-could-precede-a-major-boom-in-price"
    }
  ],
  "block": 26963798,
  "trx_id": "0000000000000000000000000000000000000000",
  "op_in_trx": 2,
  "timestamp": "2018-10-20T04:46:03",
  "virtual_op": true,
  "trx_in_block": 4294967295
}

{
  "op": [
    "comment",
    {
      "body": "@@ -6886,18 +6886,18 @@\n Aggressi\n-ng\n+ve\n  Moving \n",
      "title": "Ripple Looks Ripe for a Reload of the Shorts",
      "author": "proofofresearch",
      "permlink": "ripple-looks-ripe-for-a-reload-of-the-shorts",
      "json_metadata": "{\"tags\":[\"bitcoin\",\"crypto\",\"cryptocurrency\",\"priceanalysis\",\"technicalanalysis\"],\"image\":[\"https://cdn-images-1.medium.com/max/1100/1*vERKeNo7IP-PTL8AVEP45g.png\",\"https://cdn-images-1.medium.com/max/2000/1*hilgeYTFWhG4hVPTFuDf-Q.png\",\"https://cdn-images-1.medium.com/max/2000/1*glCDIAdQ9b_EaCC7bYhtwA.png\",\"https://cdn-images-1.medium.com/max/2000/1*F36qFLkskqgwLf0dkGOcbg.png\",\"https://cdn-images-1.medium.com/max/2000/1*rjYK_nWzAsC6CglOWYmiRQ.png\",\"https://cdn-images-1.medium.com/max/2000/1*QKXY78h0aewwieWiJA7pzQ.png\",\"https://cdn-images-1.medium.com/max/2000/1*SCzh5ggwy2VHkUoJXq5KpA.png\",\"https://cdn-images-1.medium.com/max/2000/1*m188eDFSGMTMek8qNrryCA.png\",\"https://cdn-images-1.medium.com/max/2000/1*1Pat6cZhhSNhySfHPyM4Ow.png\",\"https://cdn-images-1.medium.com/max/2000/1*uIcMmbW5gJq0UOqdwpzVnQ.png\",\"https://cdn-images-1.medium.com/max/2000/1*m-PM3G9RqlIpZ_GHnuPbKg.png\",\"https://cdn-images-1.medium.com/max/2000/1*xlABVsjQbepVAnnQQcgAsQ.png\",\"https://cdn-images-1.medium.com/max/2000/1*RTX3Xf42CR6sx1F0cb_ftw.png\",\"https://cdn-images-1.medium.com/max/2000/1*6_gbya2W9XndO0pUxP45NQ.png\",\"https://cdn-images-1.medium.com/max/2000/1*gbMutJ9_ceC8leGoefYO6g.png\",\"https://cdn-images-1.medium.com/max/1100/0*YoAOMuewT_Qyhd2g.png\",\"https://cdn-images-1.medium.com/max/1100/0*Y4FVy4e7Cm1upt5t.png\",\"https://cdn-images-1.medium.com/max/2000/1*ZPF_St8LUS8xcGkO5gb88g.png\"],\"links\":[\"https://www.tradingview.com/chart/XRPUSD/6IztJNTJ-Ripple-Looks-Primed-For-a-20-Decline/\",\"https://www.tradingview.com/x/vUzhSbxW/\",\"https://www.tradingview.com/x/PDD8rY5Z/\",\"https://www.tradingview.com/x/SmXswU5s/\",\"https://www.tradingview.com/x/fCczaAiu/\",\"https://www.tradingview.com/x/skBsqacw/\",\"https://www.tradingview.com/x/DRrUbnia/\",\"https://www.tradingview.com/x/GK4CdLVa/\",\"https://www.tradingview.com/x/N3WGoCyz/\",\"https://www.tradingview.com/x/AaNUM9co/\",\"https://www.tradingview.com/x/xzNTaYes/\",\"https://www.tradingview.com/x/KtgYCBKp/\",\"https://www.tradingview.com/x/9Tqo9NHY/\",\"https://www.tradingview.com/x/t2YhgV3M/\",\"https://www.tradingview.com/x/ZAkazICA/\",\"https://dailypriceaction.com/friday-qna/should-you-wait-for-a-retest-following-a-forex-breakout\",\"https://www.tradingview.com/x/xesdcuo7/\"],\"app\":\"steemit/0.1\",\"format\":\"markdown\"}",
      "parent_author": "",
      "parent_permlink": "bitcoin"
    }
  ],
  "block": 26767021,
  "trx_id": "4938b3479dbdba3eba9c6d9ee32fa36d691e61fa",
  "op_in_trx": 0,
  "timestamp": "2018-10-13T08:39:57",
  "virtual_op": false,
  "trx_in_block": 11
}

{
  "op": [
    "effective_comment_vote",
    {
      "voter": "steeming-hot",
      "author": "proofofresearch",
      "weight": 3439,
      "rshares": 85213861,
      "permlink": "ripple-looks-ripe-for-a-reload-of-the-shorts",
      "pending_payout": "0.000 HBD",
      "total_vote_weight": 9297
    }
  ],
  "block": 26766442,
  "trx_id": "e444caadce59fb732582669a09ef13501edb7641",
  "op_in_trx": 1,
  "timestamp": "2018-10-13T08:11:00",
  "virtual_op": true,
  "trx_in_block": 16
}

{
  "op": [
    "vote",
    {
      "voter": "steeming-hot",
      "author": "proofofresearch",
      "weight": 75,
      "permlink": "ripple-looks-ripe-for-a-reload-of-the-shorts"
    }
  ],
  "block": 26766442,
  "trx_id": "e444caadce59fb732582669a09ef13501edb7641",
  "op_in_trx": 0,
  "timestamp": "2018-10-13T08:11:00",
  "virtual_op": false,
  "trx_in_block": 16
}

{
  "op": [
    "comment",
    {
      "body": "@@ -373,522 +373,95 @@\n e:%0A%0A\n-%5B**%22Ripple Looks Primed For a 20%25 Decline! %22 by trader CryptoMedication - published October 06, 2018**  %0A_For those that have been following the price articles that have been put out in recent times, the recent downturn in%E2%80%A6_www.tradingview.com%5D(https://www.tradingview.com/chart/XRPUSD/6IztJNTJ-Ripple-Looks-Primed-For-a-20-Decline/ %22https://www.tradingview.com/chart/XRPUSD/6IztJNTJ-Ripple-Looks-Primed-For-a-20-Decline/%22)%5B%5D(https://www.tradingview.com/chart/XRPUSD/6IztJNTJ-Ripple-Looks-Primed-For-a-20-Decline/)\n+https://www.tradingview.com/chart/XRPUSD/6IztJNTJ-Ripple-Looks-Primed-For-a-20-Decline/\n %0A%0ATh\n",
      "title": "Ripple Looks Ripe for a Reload of the Shorts",
      "author": "proofofresearch",
      "permlink": "ripple-looks-ripe-for-a-reload-of-the-shorts",
      "json_metadata": "{\"tags\":[\"bitcoin\",\"crypto\",\"cryptocurrency\",\"priceanalysis\",\"technicalanalysis\"],\"image\":[\"https://cdn-images-1.medium.com/max/1100/1*vERKeNo7IP-PTL8AVEP45g.png\",\"https://cdn-images-1.medium.com/max/2000/1*hilgeYTFWhG4hVPTFuDf-Q.png\",\"https://cdn-images-1.medium.com/max/2000/1*glCDIAdQ9b_EaCC7bYhtwA.png\",\"https://cdn-images-1.medium.com/max/2000/1*F36qFLkskqgwLf0dkGOcbg.png\",\"https://cdn-images-1.medium.com/max/2000/1*rjYK_nWzAsC6CglOWYmiRQ.png\",\"https://cdn-images-1.medium.com/max/2000/1*QKXY78h0aewwieWiJA7pzQ.png\",\"https://cdn-images-1.medium.com/max/2000/1*SCzh5ggwy2VHkUoJXq5KpA.png\",\"https://cdn-images-1.medium.com/max/2000/1*m188eDFSGMTMek8qNrryCA.png\",\"https://cdn-images-1.medium.com/max/2000/1*1Pat6cZhhSNhySfHPyM4Ow.png\",\"https://cdn-images-1.medium.com/max/2000/1*uIcMmbW5gJq0UOqdwpzVnQ.png\",\"https://cdn-images-1.medium.com/max/2000/1*m-PM3G9RqlIpZ_GHnuPbKg.png\",\"https://cdn-images-1.medium.com/max/2000/1*xlABVsjQbepVAnnQQcgAsQ.png\",\"https://cdn-images-1.medium.com/max/2000/1*RTX3Xf42CR6sx1F0cb_ftw.png\",\"https://cdn-images-1.medium.com/max/2000/1*6_gbya2W9XndO0pUxP45NQ.png\",\"https://cdn-images-1.medium.com/max/2000/1*gbMutJ9_ceC8leGoefYO6g.png\",\"https://cdn-images-1.medium.com/max/1100/0*YoAOMuewT_Qyhd2g.png\",\"https://cdn-images-1.medium.com/max/1100/0*Y4FVy4e7Cm1upt5t.png\",\"https://cdn-images-1.medium.com/max/2000/1*ZPF_St8LUS8xcGkO5gb88g.png\"],\"links\":[\"https://www.tradingview.com/chart/XRPUSD/6IztJNTJ-Ripple-Looks-Primed-For-a-20-Decline/\",\"https://www.tradingview.com/x/vUzhSbxW/\",\"https://www.tradingview.com/x/PDD8rY5Z/\",\"https://www.tradingview.com/x/SmXswU5s/\",\"https://www.tradingview.com/x/fCczaAiu/\",\"https://www.tradingview.com/x/skBsqacw/\",\"https://www.tradingview.com/x/DRrUbnia/\",\"https://www.tradingview.com/x/GK4CdLVa/\",\"https://www.tradingview.com/x/N3WGoCyz/\",\"https://www.tradingview.com/x/AaNUM9co/\",\"https://www.tradingview.com/x/xzNTaYes/\",\"https://www.tradingview.com/x/KtgYCBKp/\",\"https://www.tradingview.com/x/9Tqo9NHY/\",\"https://www.tradingview.com/x/t2YhgV3M/\",\"https://www.tradingview.com/x/ZAkazICA/\",\"https://dailypriceaction.com/friday-qna/should-you-wait-for-a-retest-following-a-forex-breakout\",\"https://www.tradingview.com/x/xesdcuo7/\"],\"app\":\"steemit/0.1\",\"format\":\"markdown\"}",
      "parent_author": "",
      "parent_permlink": "bitcoin"
    }
  ],
  "block": 26766339,
  "trx_id": "334c8c20276c4912b84b99bd0db235574796fffb",
  "op_in_trx": 0,
  "timestamp": "2018-10-13T08:05:51",
  "virtual_op": false,
  "trx_in_block": 12
}

{
  "op": [
    "comment",
    {
      "body": "![](https://cdn-images-1.medium.com/max/1100/1*vERKeNo7IP-PTL8AVEP45g.png)\n\nAfter making the bold (and nearly 100% accurate) claim that Ripple would backslide by nearly 20% in value, this article shall serve as a follow-up of sorts to that claim in order to attest to its veracity (or lack thereof).\n\nThe claim in specific has been successfully archived on TradingView here:\n\n[**\"Ripple Looks Primed For a 20% Decline! \" by trader CryptoMedication - published October 06, 2018**  \n_For those that have been following the price articles that have been put out in recent times, the recent downturn in…_www.tradingview.com](https://www.tradingview.com/chart/XRPUSD/6IztJNTJ-Ripple-Looks-Primed-For-a-20-Decline/ \"https://www.tradingview.com/chart/XRPUSD/6IztJNTJ-Ripple-Looks-Primed-For-a-20-Decline/\")[](https://www.tradingview.com/chart/XRPUSD/6IztJNTJ-Ripple-Looks-Primed-For-a-20-Decline/)\n\nThus far, Ripple is down 14% from the price that it was when this original price analysis (advocating for an aggressive short position) was originally crafted.\n\nThere is a R/R on the trade that describes the exact targets and S/L for the trade here as well.\n\nThe purpose of this analysis will also be to see whether there needs to be any adjustment in the trading strategy that was prescribed in this article in order to preserve maximum security for consumer funds.\n\n### Ripple Price Analysis\n\n![](https://cdn-images-1.medium.com/max/2000/1*hilgeYTFWhG4hVPTFuDf-Q.png)\n\n[https://www.tradingview.com/x/vUzhSbxW/](https://www.tradingview.com/x/vUzhSbxW/)\n\nFrom the very first picture, the strong and demonstrable downtrend on the H1 chart (1-hour time frame) should be fairly obvious. ‘\n\n![](https://cdn-images-1.medium.com/max/2000/1*glCDIAdQ9b_EaCC7bYhtwA.png)\n\n[https://www.tradingview.com/x/PDD8rY5Z/](https://www.tradingview.com/x/PDD8rY5Z/)\n\nEach translucent blue box in the picture above represents another instance where the price failed to break above the overhead diagonal downtrend resistance.\n\nAs credible trading theory dictates, the repeated testing and failure to break above the diagonal downtrend resistance should be seen as a reinforcement of the overhead downtrend resistance as an increasingly strong entity.\n\nAgain, it is worth noting that this formation has taken place on the H1 chart.\n\n### Brief Look at Chart Formations\n\n![](https://cdn-images-1.medium.com/max/2000/1*F36qFLkskqgwLf0dkGOcbg.png)\n\n[https://www.tradingview.com/x/SmXswU5s/](https://www.tradingview.com/x/SmXswU5s/)\n\n![](https://cdn-images-1.medium.com/max/2000/1*rjYK_nWzAsC6CglOWYmiRQ.png)\n\n[https://www.tradingview.com/x/fCczaAiu/](https://www.tradingview.com/x/fCczaAiu/)\n\n### Let’s Scroll Out to Larger Chart Resolutions\n\n  \n\n**_Below is the Zero_n0ncense Reversion Ribbon V2 on the H4 :_**\n\n![](https://cdn-images-1.medium.com/max/2000/1*QKXY78h0aewwieWiJA7pzQ.png)\n\n[https://www.tradingview.com/x/skBsqacw/](https://www.tradingview.com/x/skBsqacw/)\n\n**_In the picture above, there are a few things of note:_**\n\n1.  The ZN Reversion Ribbon V2 has been applied to the chart. This is a custom indicator (i.e., you cannot add this to your TV chart without my express permission at this point in time; give it another day or so).\n2.  This indicator essentially acts as an indicator and an EMA reversion in one.\n3.  The fact that the last three candles have a heavy green fill in with a red outside (showing that the red candles have been candled), means that there is strongly waning buy pressure (if any at this point).\n4.  In addition, there seems to be a slight convergence of the Histogram, which would corroborate the assumption that the gains that are being experienced in the markets at this current point in time are larger temporary in nature and not an indicative of a general ‘bottom’ in the market (although there are numerous accurate contemporary examples that can be made).\n\nTo wrap it up, the indicator is still flashing off **_bearish signals._**\n\nHowever, here’s a potentially bullish indicator that can be spotted on the daily charts for $XRP.\n\n### Zero_n0ncense Balance of Power RSI (14)\n\n![](https://cdn-images-1.medium.com/max/2000/1*SCzh5ggwy2VHkUoJXq5KpA.png)\n\n[https://www.tradingview.com/x/DRrUbnia/](https://www.tradingview.com/x/DRrUbnia/)\n\nOn its face, you read this indicator the exact same way that you read the regular RSI, but with a twist.\n\n**_With this indicator:_**\n\n1.  The purpose of this line is to track the underlying momentum of the Balance of Power indicator.\n2.  The Balance of Power indicator is designed to track **_buy and sell pressure_**, not necessarily price action (the normal RSI can track price action).\n3.  Thus, the Balance of Power RSI provides a means of tracking the **_momentum_** of a cryptocurrency’s underlying buy and sell pressure by smoothing the data from the basis Balance of Power indicator, then subsequently and accurately plotting its momentum by using past price data.\n\n![](https://cdn-images-1.medium.com/max/2000/1*m188eDFSGMTMek8qNrryCA.png)\n\n[https://www.tradingview.com/x/GK4CdLVa/](https://www.tradingview.com/x/GK4CdLVa/)\n\nWhat is noteworthy about this indicator is that what the line is literally telling us is that there is **_still no relief in the underlying buy pressure for $XRP._**\n\nNow, let’s check out the line on a smaller time frame than the daily to see if we can detect any individuals beginning to accumulate $XRP at some of the levels that it has been over the last couple of days or so while the price action has stabilized.\n\n![](https://cdn-images-1.medium.com/max/2000/1*1Pat6cZhhSNhySfHPyM4Ow.png)\n\n[https://www.tradingview.com/x/N3WGoCyz/](https://www.tradingview.com/x/N3WGoCyz/)\n\nThe picture above shows the Balance of Power RSI on the H6 chart.\n\nFrom the data above, it is hard to conclude that there is **_any underlying trend in the price that can be biased toward buying or selling._**\n\n  \n\n### Volatility RSI\n\n![](https://cdn-images-1.medium.com/max/2000/1*uIcMmbW5gJq0UOqdwpzVnQ.png)\n\n[https://www.tradingview.com/x/AaNUM9co/](https://www.tradingview.com/x/AaNUM9co/)\n\nThe volatility RSI is yet another custom indicator was designed with volatility as its basis, rather than the price.\n\nThus, as the line nears the bottom, so does volatility.\n\nThe theory behind this is that volatility generally increases substantially as the price increases (in this bear market), and, as such, when the line is headed upward, so is the general price of the underlying asset that this indicator is tracking volatility for.\n\nThus, from what we can see in the picture above for the H6, the volatility may be very close to ‘bottoming out’ in a short-term sense.\n\n![](https://cdn-images-1.medium.com/max/2000/1*m-PM3G9RqlIpZ_GHnuPbKg.png)\n\n[https://www.tradingview.com/x/xzNTaYes/](https://www.tradingview.com/x/xzNTaYes/)\n\nAs can be seen in the picture above, the RSI(14) gives us no information that is useful for us to work with on the H6, so let’s pan down to a lower time frame.\n\n![](https://cdn-images-1.medium.com/max/2000/1*xlABVsjQbepVAnnQQcgAsQ.png)\n\n[https://www.tradingview.com/x/KtgYCBKp/](https://www.tradingview.com/x/KtgYCBKp/)\n\nThe same can be said of the H3 as well.\n\nOverall, however, the RSI(14) is reflecting a bearish trend that is yet to be broken on the H3 and above, which is still **_very bearish overall_**.\n\n### Aggressing Moving Average Indicator (Custom)\n\n![](https://cdn-images-1.medium.com/max/2000/1*RTX3Xf42CR6sx1F0cb_ftw.png)\n\n[https://www.tradingview.com/x/9Tqo9NHY/](https://www.tradingview.com/x/9Tqo9NHY/)\n\nIn situations like these where there appear to be no indicators on the chart that are capable of assisting with the rendering of a predictive analysis, I tend to rely on the ‘fastest ‘ indicators that I have.\n\nIn this instance, that would be the aggressive MA, which is a custom indicator that is infused with a plethora of mathematical calculations and price signals with the purpose of curating the **_fastest signal_**.\n\nAs one can see from the chart above, this ‘super fast’ indicator has provided a sell signal.\n\n### Support/Resistance Points\n\n  \n\n**_The most obvious sighting can be spotted directly on the chart itself:_**\n\n![](https://cdn-images-1.medium.com/max/2000/1*6_gbya2W9XndO0pUxP45NQ.png)\n\n[https://www.tradingview.com/x/t2YhgV3M/](https://www.tradingview.com/x/t2YhgV3M/)\n\nAbove, the overhead resistance that is shown was actually formerly a **_major point of support._**\n\n![](https://cdn-images-1.medium.com/max/2000/1*gbMutJ9_ceC8leGoefYO6g.png)\n\n[https://www.tradingview.com/x/ZAkazICA/](https://www.tradingview.com/x/ZAkazICA/)\n\nTherefore, the theory that I have is this:\n\nIt seems as though the price of Ripple is merely re-testing the overhead resistance point before it continues downward.\n\nI say this because;\n\n1.  There is nothing in the underlying indicators to suggest that this is a true reversal.\n2.  The failure of the price to actually break above this overhead resistance which, once again, was a major point of support in numerous instances prior is another major red flag.\n\n**_See below to see what I mean:_**\n\nUsing a set of pictures from the site, [https://dailypriceaction.com/friday-qna/should-you-wait-for-a-retest-following-a-forex-breakout](https://dailypriceaction.com/friday-qna/should-you-wait-for-a-retest-following-a-forex-breakout) , I will illustrate my point:\n\n![](https://cdn-images-1.medium.com/max/1100/0*YoAOMuewT_Qyhd2g.png)\n\nThe scenario that you see above is one of a typical ‘breakout’ where the price has just plummeted through a solid and well-tested uptrend support.\n\n  \n\n![](https://cdn-images-1.medium.com/max/1100/0*Y4FVy4e7Cm1upt5t.png)\n\n  \n\nOnce this happens, there is usually a period of time where the price will ‘re-test’ that same support as a resistance point before continuing its descent.\n\n### Conclusion\n\nNow, the inherent danger here is obvious:\n\n**_What if this is not a re-test and the price continues to rise?_**\n\nThis is a valid fear that most traders have when it comes to making such an assumption because a failure to recognize the difference between a re-test and an ascension toward a higher price point may = dramatic losses in question.\n\nHowever, in this instance, there does not appear to be anything that signifies the price will go up.\n\nHowever, in order to hedge onself, the following R/R is advocated for this trade (if one has consolidated the profits from their short already and is looking to re-enter in with another short position):\n\n![](https://cdn-images-1.medium.com/max/2000/1*ZPF_St8LUS8xcGkO5gb88g.png)\n\n[https://www.tradingview.com/x/xesdcuo7/](https://www.tradingview.com/x/xesdcuo7/)\n\nThe ‘stop’ for this trade is placed slightly below the next overhead resistance point in order to provide greater assurance for traders that the S/L will be successfully triggered (the close one is to a resistance/support point, the more likely it is that the S/L will not trigger in the event that there is a massive switch in sentiment/price action spontaneously)\n\nThe ‘reward’ / take profit portion of the trade is placed at the same spot that we placed our last reward spot in the preceding price analysis because it is the next reliable support point that can be identified on the chart.",
      "title": "Ripple Looks Ripe for a Reload of the Shorts",
      "author": "proofofresearch",
      "permlink": "ripple-looks-ripe-for-a-reload-of-the-shorts",
      "json_metadata": "{\"tags\":[\"bitcoin\",\"crypto\",\"cryptocurrency\",\"priceanalysis\",\"technicalanalysis\"],\"image\":[\"https://cdn-images-1.medium.com/max/1100/1*vERKeNo7IP-PTL8AVEP45g.png\",\"https://cdn-images-1.medium.com/max/2000/1*hilgeYTFWhG4hVPTFuDf-Q.png\",\"https://cdn-images-1.medium.com/max/2000/1*glCDIAdQ9b_EaCC7bYhtwA.png\",\"https://cdn-images-1.medium.com/max/2000/1*F36qFLkskqgwLf0dkGOcbg.png\",\"https://cdn-images-1.medium.com/max/2000/1*rjYK_nWzAsC6CglOWYmiRQ.png\",\"https://cdn-images-1.medium.com/max/2000/1*QKXY78h0aewwieWiJA7pzQ.png\",\"https://cdn-images-1.medium.com/max/2000/1*SCzh5ggwy2VHkUoJXq5KpA.png\",\"https://cdn-images-1.medium.com/max/2000/1*m188eDFSGMTMek8qNrryCA.png\",\"https://cdn-images-1.medium.com/max/2000/1*1Pat6cZhhSNhySfHPyM4Ow.png\",\"https://cdn-images-1.medium.com/max/2000/1*uIcMmbW5gJq0UOqdwpzVnQ.png\",\"https://cdn-images-1.medium.com/max/2000/1*m-PM3G9RqlIpZ_GHnuPbKg.png\",\"https://cdn-images-1.medium.com/max/2000/1*xlABVsjQbepVAnnQQcgAsQ.png\",\"https://cdn-images-1.medium.com/max/2000/1*RTX3Xf42CR6sx1F0cb_ftw.png\",\"https://cdn-images-1.medium.com/max/2000/1*6_gbya2W9XndO0pUxP45NQ.png\",\"https://cdn-images-1.medium.com/max/2000/1*gbMutJ9_ceC8leGoefYO6g.png\",\"https://cdn-images-1.medium.com/max/1100/0*YoAOMuewT_Qyhd2g.png\",\"https://cdn-images-1.medium.com/max/1100/0*Y4FVy4e7Cm1upt5t.png\",\"https://cdn-images-1.medium.com/max/2000/1*ZPF_St8LUS8xcGkO5gb88g.png\"],\"links\":[\"https://www.tradingview.com/chart/XRPUSD/6IztJNTJ-Ripple-Looks-Primed-For-a-20-Decline/\",\"https://www.tradingview.com/x/vUzhSbxW/\",\"https://www.tradingview.com/x/PDD8rY5Z/\",\"https://www.tradingview.com/x/SmXswU5s/\",\"https://www.tradingview.com/x/fCczaAiu/\",\"https://www.tradingview.com/x/skBsqacw/\",\"https://www.tradingview.com/x/DRrUbnia/\",\"https://www.tradingview.com/x/GK4CdLVa/\",\"https://www.tradingview.com/x/N3WGoCyz/\",\"https://www.tradingview.com/x/AaNUM9co/\",\"https://www.tradingview.com/x/xzNTaYes/\",\"https://www.tradingview.com/x/KtgYCBKp/\",\"https://www.tradingview.com/x/9Tqo9NHY/\",\"https://www.tradingview.com/x/t2YhgV3M/\",\"https://www.tradingview.com/x/ZAkazICA/\",\"https://dailypriceaction.com/friday-qna/should-you-wait-for-a-retest-following-a-forex-breakout\",\"https://www.tradingview.com/x/xesdcuo7/\"],\"app\":\"steemit/0.1\",\"format\":\"markdown\"}",
      "parent_author": "",
      "parent_permlink": "bitcoin"
    }
  ],
  "block": 26766331,
  "trx_id": "50802e89fb45f1ddb79c0ecb8bc6bb8141ecf143",
  "op_in_trx": 0,
  "timestamp": "2018-10-13T08:05:27",
  "virtual_op": false,
  "trx_in_block": 12
}

{
  "op": [
    "effective_comment_vote",
    {
      "voter": "mrakodrap",
      "author": "proofofresearch",
      "weight": 26041,
      "rshares": 1826974518,
      "permlink": "serious-accumulation-on-litecoin-could-precede-a-major-boom-in-price",
      "pending_payout": "0.003 HBD",
      "total_vote_weight": 50988
    }
  ],
  "block": 26764941,
  "trx_id": "bfdd33744134f34a5e8dfb2423ab72683d6e899f",
  "op_in_trx": 1,
  "timestamp": "2018-10-13T06:55:54",
  "virtual_op": true,
  "trx_in_block": 12
}

{
  "op": [
    "vote",
    {
      "voter": "mrakodrap",
      "author": "proofofresearch",
      "weight": 1000,
      "permlink": "serious-accumulation-on-litecoin-could-precede-a-major-boom-in-price"
    }
  ],
  "block": 26764941,
  "trx_id": "bfdd33744134f34a5e8dfb2423ab72683d6e899f",
  "op_in_trx": 0,
  "timestamp": "2018-10-13T06:55:54",
  "virtual_op": false,
  "trx_in_block": 12
}

{
  "op": [
    "effective_comment_vote",
    {
      "voter": "proofofresearch",
      "author": "proofofresearch",
      "weight": 472,
      "rshares": 285453307,
      "permlink": "serious-accumulation-on-litecoin-could-precede-a-major-boom-in-price",
      "pending_payout": "0.000 HBD",
      "total_vote_weight": 24947
    }
  ],
  "block": 26762362,
  "trx_id": "fcd0836223ae0499ebdc190736f18e1e822a3b63",
  "op_in_trx": 1,
  "timestamp": "2018-10-13T04:46:57",
  "virtual_op": true,
  "trx_in_block": 15
}

{
  "op": [
    "vote",
    {
      "voter": "proofofresearch",
      "author": "proofofresearch",
      "weight": 10000,
      "permlink": "serious-accumulation-on-litecoin-could-precede-a-major-boom-in-price"
    }
  ],
  "block": 26762362,
  "trx_id": "fcd0836223ae0499ebdc190736f18e1e822a3b63",
  "op_in_trx": 0,
  "timestamp": "2018-10-13T04:46:57",
  "virtual_op": false,
  "trx_in_block": 15
}

{
  "op": [
    "comment",
    {
      "body": "Testing with an older post to see if I'm still able to actually post on Steemit without them  charging an arm and a leg.",
      "title": "This was a test post",
      "author": "proofofresearch",
      "permlink": "serious-accumulation-on-litecoin-could-precede-a-major-boom-in-price",
      "json_metadata": "{\"tags\":[\"bitcoin\",\"crypto\",\"cryptocurrency\",\"priceanalysis\",\"technicalanalysis\"],\"app\":\"steemit/0.1\",\"format\":\"markdown\"}",
      "parent_author": "",
      "parent_permlink": "bitcoin"
    }
  ],
  "block": 26762359,
  "trx_id": "4a6d27fdce0ddd3353aeea4450f77d1a3d845581",
  "op_in_trx": 0,
  "timestamp": "2018-10-13T04:46:48",
  "virtual_op": false,
  "trx_in_block": 5
}

{
  "op": [
    "comment",
    {
      "body": "Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:\nhttps://bitcoinexchangeguide.com/serious-accumulation-on-litecoin-ltc-could-precede-a-major-boom-in-price/",
      "title": "",
      "author": "cheetah",
      "permlink": "cheetah-re-proofofresearchserious-accumulation-on-litecoin-could-precede-a-major-boom-in-price",
      "json_metadata": "",
      "parent_author": "proofofresearch",
      "parent_permlink": "serious-accumulation-on-litecoin-could-precede-a-major-boom-in-price"
    }
  ],
  "block": 26762350,
  "trx_id": "8bd6f4c820df6cf83c4bfceba3e7674be01ac8b7",
  "op_in_trx": 0,
  "timestamp": "2018-10-13T04:46:21",
  "virtual_op": false,
  "trx_in_block": 16
}

{
  "op": [
    "effective_comment_vote",
    {
      "voter": "cheetah",
      "author": "proofofresearch",
      "weight": 166,
      "rshares": 275765311,
      "permlink": "serious-accumulation-on-litecoin-could-precede-a-major-boom-in-price",
      "pending_payout": "0.000 HBD",
      "total_vote_weight": 16607
    }
  ],
  "block": 26762348,
  "trx_id": "ea13155f02cee4fe22c8345a8a2b313a0f990735",
  "op_in_trx": 1,
  "timestamp": "2018-10-13T04:46:15",
  "virtual_op": true,
  "trx_in_block": 6
}

{
  "op": [
    "vote",
    {
      "voter": "cheetah",
      "author": "proofofresearch",
      "weight": 8,
      "permlink": "serious-accumulation-on-litecoin-could-precede-a-major-boom-in-price"
    }
  ],
  "block": 26762348,
  "trx_id": "ea13155f02cee4fe22c8345a8a2b313a0f990735",
  "op_in_trx": 0,
  "timestamp": "2018-10-13T04:46:15",
  "virtual_op": false,
  "trx_in_block": 6
}

{
  "op": [
    "comment",
    {
      "body": "# Serious Accumulation on Litecoin Could Precede a Major Boom in Price\n\n![](https://cdn-images-1.medium.com/max/1100/1*XWQJSYvdPBbNL8lAWTnTRA.gif)\n\nOriginally posted at: [https://bitcoinexchangeguide.com/serious-accumulation-on-litecoin-ltc-could-precede-a-major-boom-in-price/](https://bitcoinexchangeguide.com/serious-accumulation-on-litecoin-ltc-could-precede-a-major-boom-in-price/) ; Author: Zerononcense / ProofofResearch\n\nAt the time of writing, it appears that Litecoin has **_finally gained some level of momentum in the markets_** after consolidating for a number of days.\n\nThis is notable because, among its peers (other coins in the T10), Litecoin has been posting a solid performance.\n\nThis is reflected in the chart below, which provides a comparison among the coins; Litecoin, Ethereum, Ripple, Bitcoin, Bitcoin Cash, Stellar Lumens and Monero on a price scale that adjusts the scale of the prices to a 100 max in order to render a valid comparison (because you can’t compare a $60 Litecoin to a $6,500 Bitcoin).\n\n![](https://cdn-images-1.medium.com/max/1375/1*fTrSC4Mlfgm-1znRIRR63Q.png)\n\n[https://www.tradingview.com/x/SpRxsA0Y/](https://www.tradingview.com/x/SpRxsA0Y/)\n\nIf the price chart above seems a bit confusing, don’t worry — below is a comprehensive itemized list of the information that is most important to glean from Litecoin’s price movements:\n\n1.  Litecoin is currently ranked 4th among ‘competing coins’ in the T10, which places it exactly in the middle of the pack among our 7 coin sample behind Stellar Lumens, Ripple, Bitcoin Cash (which recently surpassed it in performance). Conversely, Litecoin is currently above Bitcoin, Monero, and Ethereum in terms of price movement.\n2.  Litecoin’s performance as of late has picked up some steam. However, in terms of its ‘rank’ among the 6 other competitors on our list, Bitcoin Cash’s recent performance has outpaced it in a number of ways, leaving Litecoin in the middle of the pack in terms of $$ appreciation.\n3.  In an unrelated note, its worth pointing out the observation that Bitcoin is currently at the **_bottom of this list_**.\n\n![](https://cdn-images-1.medium.com/max/1375/1*121TEBMUJ7eDz6ks2wST1g.png)\n\n[https://www.tradingview.com/x/sbH27yne/](https://www.tradingview.com/x/sbH27yne/)\n\n![](https://cdn-images-1.medium.com/max/1375/1*ERf3lC3E4G3CLiNA_zV2lQ.png)\n\n[https://www.tradingview.com/x/dve4hCj0/](https://www.tradingview.com/x/dve4hCj0/)\n\nAbove is Litecoin on the H4 chart.\n\nAs the above two pictures show, there was an ever so slight double-top pattern that concluded around September 25th, that was followed by an abrupt uptick in the price, followed by a sudden breakout on the chart’s most current candle (at the time of writing).\n\nAs noted in earlier price analysis articles, its never a wise idea to trade upon data that is formulating at the moment. Thus, the notes that are drawn in the pictures above are only for educational/entertainment purposes.\n\nThe indicators, however, yield more useful information about the underlying price movements for Litecoin over the last few periods.\n\n# Zero_n0ncense BoP RSI\n\nAs noted in prior documentation, this is a custom indicator.\n\n![](https://cdn-images-1.medium.com/max/1375/1*3GVl2YCIwXMRIfgM0CkiYA.png)\n\n[https://www.tradingview.com/x/ho6n3TgQ/](https://www.tradingview.com/x/ho6n3TgQ/)\n\nUsing the principle of the Balance of Power, this indicator is able to dictate when there is immense selling pressure and, conversely, when there is accumulation.\n\nFrom the chart above, its apparent that there was a heavy undercurrent of accumulation among traders while the price was consolidating.\n\nWhen this occurs, this is almost always a precursor to noteworthy gains in the near future.\n\n![](https://cdn-images-1.medium.com/max/1375/1*p4t7ufxrLydcEemHUeqMJw.png)\n\n[https://www.tradingview.com/x/uGEhK0oF/](https://www.tradingview.com/x/uGEhK0oF/)\n\n# Litecoin on the Daily\n\nWhile the daily is substantially more bullish for Litecoin (USD pairing), we can still see the major undercurrent of accumulation here as well.\n\n![](https://cdn-images-1.medium.com/max/1375/1*WwxZpPZ4BdfuQC7Sic0b7g.png)\n\n[https://www.tradingview.com/x/ejQdPluT/](https://www.tradingview.com/x/ejQdPluT/)\n\nVolatility has been slowly increasing over this time period as well after reaching a low a few weeks ago, and it appears that the price of Litecoin **_could be poised_** to make some further sustained gains in the market.\n\n# Descending Triangle Formation\n\n![](https://cdn-images-1.medium.com/max/1375/1*mHhTX6OxKRLiQZDD8nbTkQ.png)\n\n[https://www.tradingview.com/x/e5UbEOx4/](https://www.tradingview.com/x/e5UbEOx4/)\n\n**_Above, it appears that Litecoin is in the midst of a descending triangle formation:_**\n\n![](https://cdn-images-1.medium.com/max/1375/1*GdHIaKdywpT6drhMlWAr4A.png)\n\nSource: [https://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns:descending_triangle_continuation](https://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns:descending_triangle_continuation)\n\nConvention states that this would be a **continuation pattern**_._\n\nSo, in this situation, that means that the price is supposed to break downward.\n\nHowever, the price could go either way.\n\n# Conclusion\n\nGiven the formation of the descending triangle formation in conjunction with the underlying bullish sentiment on the chart, the future of Litecoin’s price action is fairly ambivalent at this point.\n\nHowever, if Litecoin manages to break out above the downtrend line (that it is currently trading against, depicted in the photo above), then the price gains from that point moving forward could be substantial.\n\nThere are other points of analysis that traders must look at before considering themselves ‘educated’ on the possible price action moving from this point. However, if a trader has sufficiently hedged their risk on the market, then they should be safe.\n\n**_Disclaimer: The author neither owns any cryptocurrency at this time and has no affiliation with Litecoin, its subsidiaries or related entities. This article is not financial advice and the author holds zero liability for any decisions that you make contingent upon the information contained within._**",
      "title": "Serious Accumulation on Litecoin Could Precede a Major Boom in Price",
      "author": "proofofresearch",
      "permlink": "serious-accumulation-on-litecoin-could-precede-a-major-boom-in-price",
      "json_metadata": "{\"tags\":[\"bitcoin\",\"crypto\",\"cryptocurrency\",\"priceanalysis\",\"technicalanalysis\"],\"image\":[\"https://cdn-images-1.medium.com/max/1100/1*XWQJSYvdPBbNL8lAWTnTRA.gif\",\"https://cdn-images-1.medium.com/max/1375/1*fTrSC4Mlfgm-1znRIRR63Q.png\",\"https://cdn-images-1.medium.com/max/1375/1*121TEBMUJ7eDz6ks2wST1g.png\",\"https://cdn-images-1.medium.com/max/1375/1*ERf3lC3E4G3CLiNA_zV2lQ.png\",\"https://cdn-images-1.medium.com/max/1375/1*3GVl2YCIwXMRIfgM0CkiYA.png\",\"https://cdn-images-1.medium.com/max/1375/1*p4t7ufxrLydcEemHUeqMJw.png\",\"https://cdn-images-1.medium.com/max/1375/1*WwxZpPZ4BdfuQC7Sic0b7g.png\",\"https://cdn-images-1.medium.com/max/1375/1*mHhTX6OxKRLiQZDD8nbTkQ.png\",\"https://cdn-images-1.medium.com/max/1375/1*GdHIaKdywpT6drhMlWAr4A.png\"],\"links\":[\"https://bitcoinexchangeguide.com/serious-accumulation-on-litecoin-ltc-could-precede-a-major-boom-in-price/\",\"https://www.tradingview.com/x/SpRxsA0Y/\",\"https://www.tradingview.com/x/sbH27yne/\",\"https://www.tradingview.com/x/dve4hCj0/\",\"https://www.tradingview.com/x/ho6n3TgQ/\",\"https://www.tradingview.com/x/uGEhK0oF/\",\"https://www.tradingview.com/x/ejQdPluT/\",\"https://www.tradingview.com/x/e5UbEOx4/\",\"https://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns:descending_triangle_continuation\"],\"app\":\"steemit/0.1\",\"format\":\"markdown\"}",
      "parent_author": "",
      "parent_permlink": "bitcoin"
    }
  ],
  "block": 26762345,
  "trx_id": "09a3550a54242ab1f3c7a1f3329282cd821f5ccd",
  "op_in_trx": 0,
  "timestamp": "2018-10-13T04:46:06",
  "virtual_op": false,
  "trx_in_block": 19
}

{
  "op": [
    "comment_payout_update",
    {
      "author": "proofofresearch",
      "permlink": "usdxlm-looks-bearish-short-term-super-bullish-longer-term"
    }
  ],
  "block": 26451737,
  "trx_id": "0000000000000000000000000000000000000000",
  "op_in_trx": 20,
  "timestamp": "2018-10-02T09:45:00",
  "virtual_op": true,
  "trx_in_block": 4294967295
}

{
  "op": [
    "comment_payout_update",
    {
      "author": "proofofresearch",
      "permlink": "how-to-gain-value-from-my-price-analysis-articles-monero-example"
    }
  ],
  "block": 26448678,
  "trx_id": "0000000000000000000000000000000000000000",
  "op_in_trx": 9,
  "timestamp": "2018-10-02T07:12:00",
  "virtual_op": true,
  "trx_in_block": 4294967295
}

{
  "op": [
    "comment_reward",
    {
      "author": "proofofresearch",
      "payout": "0.073 HBD",
      "permlink": "how-to-gain-value-from-my-price-analysis-articles-monero-example",
      "author_rewards": 66,
      "total_payout_value": "0.056 HBD",
      "curator_payout_value": "0.017 HBD",
      "beneficiary_payout_value": "0.000 HBD"
    }
  ],
  "block": 26448678,
  "trx_id": "0000000000000000000000000000000000000000",
  "op_in_trx": 8,
  "timestamp": "2018-10-02T07:12:00",
  "virtual_op": true,
  "trx_in_block": 4294967295
}

{
  "op": [
    "author_reward",
    {
      "author": "proofofresearch",
      "permlink": "how-to-gain-value-from-my-price-analysis-articles-monero-example",
      "hbd_payout": "0.028 HBD",
      "hive_payout": "0.000 HIVE",
      "vesting_payout": "66.661646 VESTS",
      "payout_must_be_claimed": true,
      "curators_vesting_payout": "40.400997 VESTS"
    }
  ],
  "block": 26448678,
  "trx_id": "0000000000000000000000000000000000000000",
  "op_in_trx": 7,
  "timestamp": "2018-10-02T07:12:00",
  "virtual_op": true,
  "trx_in_block": 4294967295
}

{
  "op": [
    "comment_payout_update",
    {
      "author": "proofofresearch",
      "permlink": "vitalik-buterin-s-new-scaling-suggestion-warrants-more-credit-than-its-received"
    }
  ],
  "block": 26448431,
  "trx_id": "0000000000000000000000000000000000000000",
  "op_in_trx": 15,
  "timestamp": "2018-10-02T06:59:39",
  "virtual_op": true,
  "trx_in_block": 4294967295
}

{
  "op": [
    "comment_payout_update",
    {
      "author": "proofofresearch",
      "permlink": "the-ever-so-volatile-ripple-usdxrp-is-starting-to-look-bearish-again"
    }
  ],
  "block": 26447724,
  "trx_id": "0000000000000000000000000000000000000000",
  "op_in_trx": 2,
  "timestamp": "2018-10-02T06:24:18",
  "virtual_op": true,
  "trx_in_block": 4294967295
}

{
  "op": [
    "comment_payout_update",
    {
      "author": "proofofresearch",
      "permlink": "ethereum-price-analysis"
    }
  ],
  "block": 26437513,
  "trx_id": "0000000000000000000000000000000000000000",
  "op_in_trx": 6,
  "timestamp": "2018-10-01T21:53:39",
  "virtual_op": true,
  "trx_in_block": 4294967295
}

{
  "op": [
    "comment_payout_update",
    {
      "author": "proofofresearch",
      "permlink": "bitcoin-price-analysis-9-23-2018-potential-re-test-before-advance"
    }
  ],
  "block": 26390243,
  "trx_id": "0000000000000000000000000000000000000000",
  "op_in_trx": 6,
  "timestamp": "2018-09-30T06:28:39",
  "virtual_op": true,
  "trx_in_block": 4294967295
}

{
  "op": [
    "comment_reward",
    {
      "author": "proofofresearch",
      "payout": "0.111 HBD",
      "permlink": "bitcoin-price-analysis-9-23-2018-potential-re-test-before-advance",
      "author_rewards": 96,
      "total_payout_value": "0.084 HBD",
      "curator_payout_value": "0.027 HBD",
      "beneficiary_payout_value": "0.000 HBD"
    }
  ],
  "block": 26390243,
  "trx_id": "0000000000000000000000000000000000000000",
  "op_in_trx": 5,
  "timestamp": "2018-09-30T06:28:39",
  "virtual_op": true,
  "trx_in_block": 4294967295
}

{
  "op": [
    "author_reward",
    {
      "author": "proofofresearch",
      "permlink": "bitcoin-price-analysis-9-23-2018-potential-re-test-before-advance",
      "hbd_payout": "0.042 HBD",
      "hive_payout": "0.000 HIVE",
      "vesting_payout": "96.972962 VESTS",
      "payout_must_be_claimed": true,
      "curators_vesting_payout": "62.628371 VESTS"
    }
  ],
  "block": 26390243,
  "trx_id": "0000000000000000000000000000000000000000",
  "op_in_trx": 4,
  "timestamp": "2018-09-30T06:28:39",
  "virtual_op": true,
  "trx_in_block": 4294967295
}

{
  "op": [
    "custom_json",
    {
      "id": "follow",
      "json": "[\"follow\",{\"follower\":\"proofofresearch\",\"following\":\"eosone\",\"what\":[\"blog\"]}]",
      "required_auths": [],
      "required_posting_auths": [
        "proofofresearch"
      ]
    }
  ],
  "block": 26360727,
  "trx_id": "8b4dc536d3b5c67a2687ea315f9a63ecac912cf2",
  "op_in_trx": 0,
  "timestamp": "2018-09-29T05:50:57",
  "virtual_op": false,
  "trx_in_block": 2
}

{
  "op": [
    "comment_payout_update",
    {
      "author": "proofofresearch",
      "permlink": "bitcoin-denial-of-service-vulnerability-found-in-the-code"
    }
  ],
  "block": 26272733,
  "trx_id": "0000000000000000000000000000000000000000",
  "op_in_trx": 3,
  "timestamp": "2018-09-26T04:25:21",
  "virtual_op": true,
  "trx_in_block": 4294967295
}

{
  "op": [
    "comment_payout_update",
    {
      "author": "proofofresearch",
      "permlink": "3ny4w4-monero-price-analysis"
    }
  ],
  "block": 26269680,
  "trx_id": "0000000000000000000000000000000000000000",
  "op_in_trx": 15,
  "timestamp": "2018-09-26T01:51:54",
  "virtual_op": true,
  "trx_in_block": 4294967295
}

{
  "op": [
    "effective_comment_vote",
    {
      "voter": "sensation",
      "author": "proofofresearch",
      "weight": 4491,
      "rshares": 294357911,
      "permlink": "usdxlm-looks-bearish-short-term-super-bullish-longer-term",
      "pending_payout": "0.001 HBD",
      "total_vote_weight": 29942
    }
  ],
  "block": 26251841,
  "trx_id": "b1137857e5326920de3cd85724a86d46ba0131c9",
  "op_in_trx": 1,
  "timestamp": "2018-09-25T10:54:45",
  "virtual_op": true,
  "trx_in_block": 10
}

{
  "op": [
    "vote",
    {
      "voter": "sensation",
      "author": "proofofresearch",
      "weight": 10000,
      "permlink": "usdxlm-looks-bearish-short-term-super-bullish-longer-term"
    }
  ],
  "block": 26251841,
  "trx_id": "b1137857e5326920de3cd85724a86d46ba0131c9",
  "op_in_trx": 0,
  "timestamp": "2018-09-25T10:54:45",
  "virtual_op": false,
  "trx_in_block": 10
}

{
  "op": [
    "comment",
    {
      "body": "Congratulations @proofofresearch! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :\n\n[![](https://steemitimages.com/70x80/http://steemitboard.com/notifications/posts.png)](http://steemitboard.com/@proofofresearch) Award for the number of posts published\n\n<sub>_Click on the badge to view your Board of Honor._</sub>\n<sub>_If you no longer want to receive notifications, reply to this comment with the word_ `STOP`</sub>\n\n\n\n> Support [SteemitBoard's project](https://steemit.com/@steemitboard)! **[Vote for its witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1)** and **get one more award**!",
      "title": "",
      "author": "steemitboard",
      "permlink": "steemitboard-notify-proofofresearch-20180925t100108000z",
      "json_metadata": "{\"image\":[\"https://steemitboard.com/img/notify.png\"]}",
      "parent_author": "proofofresearch",
      "parent_permlink": "usdxlm-looks-bearish-short-term-super-bullish-longer-term"
    }
  ],
  "block": 26250770,
  "trx_id": "ad7cf80bb39ebdbc7d9e87f40a70878b2356425d",
  "op_in_trx": 0,
  "timestamp": "2018-09-25T10:01:09",
  "virtual_op": false,
  "trx_in_block": 47
}

{
  "op": [
    "effective_comment_vote",
    {
      "voter": "jcharles",
      "author": "proofofresearch",
      "weight": 381,
      "rshares": 594216584,
      "permlink": "usdxlm-looks-bearish-short-term-super-bullish-longer-term",
      "pending_payout": "0.000 HBD",
      "total_vote_weight": 25451
    }
  ],
  "block": 26250457,
  "trx_id": "be8079c12df4aef886bdf4edfd798ab4339ce2a4",
  "op_in_trx": 1,
  "timestamp": "2018-09-25T09:45:30",
  "virtual_op": true,
  "trx_in_block": 25
}

{
  "op": [
    "vote",
    {
      "voter": "jcharles",
      "author": "proofofresearch",
      "weight": 10000,
      "permlink": "usdxlm-looks-bearish-short-term-super-bullish-longer-term"
    }
  ],
  "block": 26250457,
  "trx_id": "be8079c12df4aef886bdf4edfd798ab4339ce2a4",
  "op_in_trx": 0,
  "timestamp": "2018-09-25T09:45:30",
  "virtual_op": false,
  "trx_in_block": 25
}

{
  "op": [
    "comment",
    {
      "body": "# $XLM Looks Bearish Short-Term; Super Bullish Longer-Term\n\n![](https://cdn-images-1.medium.com/max/1250/1*pxI6EkujXHTEIeFnjiu2dw.gif)\n\nAs many may have noticed, the price of $XLM soared over the last few days.\n\n**_Fortunately, this was an event that was accurately predicted by the Zero_n0ncense brand (among dozens of others over the last few weeks and months):_**\n\n# Stellar Lumens Price Analysis\n\n![](https://cdn-images-1.medium.com/max/1563/1*oCa5Gq4M4l-en_lmaveqJg.png)\n\n[https://www.tradingview.com/x/UzQnMejN/](https://www.tradingview.com/x/UzQnMejN/)\n\nIn the picture above, you can spot the support points that were created by the Moving Fibs (custom) indicator script.\n\n**_The three support values that were identified by the moving fibs are:_**\n\n#1: 23.4 cents\n\n#2: 22.89 cents\n\n#3: 21.42 cents\n\n![](https://cdn-images-1.medium.com/max/1563/1*U88Ip6VRtb1Q6w1OBq70GA.png)\n\n[https://www.tradingview.com/x/w424dA3m/](https://www.tradingview.com/x/w424dA3m/)\n\nAbove is another look at the major resistance point that the price of $XLM is currently nudging against.\n\nNow, when looking at the aforementioned two pictures that have been posted in this article, it stands to reason that one’s reaction would be:\n\n> “There’s good reason to be bullish on $XLM! It appears as though its primed for a bounce!”\n\nHowever, this may not be the case for a few reasons.\n\n# The Daily Chart Has Yet to Feel the “Pain”\n\nWhat this subtitle means (in a nutshell), is that most of the indicators on the daily chart for $XLM are still reading grossly overbought conditions.\n\n## Ichimoku (Daily)\n\nFor the Ichimoku truthers that still believe that the Ichimoku settings are ‘inaccurate’ for cryptocurrency, just know that you are **_dead wrong_**.\n\nWe would link the article here, but that is currently only available to subscribers as well as those that have bought our TA bundle.\n\n[Don’t fret though, because that isn’t needed to get the maximum value possible out of this price analysis]\n\n![](https://cdn-images-1.medium.com/max/1563/1*9l7rK_1yR5NRjPKElQf6SQ.png)\n\n[https://www.tradingview.com/x/sNNp55kd/](https://www.tradingview.com/x/sNNp55kd/)\n\n**_In the chart above, there are a few things that are worthy of note:_**\n\n![](https://cdn-images-1.medium.com/max/1563/1*yTuOSoeJJcbyWWAfGIbsYw.png)\n\n[https://www.tradingview.com/x/6GbGynjV/](https://www.tradingview.com/x/6GbGynjV/)\n\n1.  The price has nearly broken south of both the conversion & base lines (bearish).\n2.  Bottom of the cloud is hanging at 22.7 cents and it appears as though the price is definitely headed to that point (at least) based on its current direction.\n3.  As you can see here, the price failed to break outside of the cloud for the Ichimoku.\n\n## Exponential Moving Averages\n\n![](https://cdn-images-1.medium.com/max/1563/1*mL_vzjYMSgiC50mgskJOgw.png)\n\n[https://www.tradingview.com/x/aiyzHoU1/](https://www.tradingview.com/x/aiyzHoU1/)\n\nWe’ve noted this in countless price analysis studies in the past, but the EMA-50 tends to be one of the more reliable points of support and resistance; this is especially true when looking at the daily chart resolution.\n\nCurrently, as delineated by the chart posted above, we can see that the point of support for the EMA-50 is at .2259 cents.\n\nShould the price break below there, it could be bad news for bulls (**_hardy har, not the bad news bears this time_**).\n\n## EMA Mean Reversion (Custom Indicator)\n\n![](https://cdn-images-1.medium.com/max/1563/1*uIVsQmyI2DjlR5X6pTmDeA.png)\n\n[https://www.tradingview.com/x/wRcDH6mS/](https://www.tradingview.com/x/wRcDH6mS/)\n\n**_As the chart above states:_**\n\nThe area within the box is showing us that the vallues of the EMA indicators used in the mean regression were converging before there was a reversal in price.\n\nTherefore, traders should be on the lookout for an expansion at this point because that would signal a strengthening in the negative trend.\n\n## EMA Mean Reversion Used in Favor of the MACD\n\nThis was used in favor of the traditional MACD (Moving Average Convergence Divergence) indicator because the custom mean reversion indicator that we created is designed to be more reactive to the price than the MACD.\n\nCurrently, the MACD is showing us no viable signals.\n\n# Potential Completion of the Super Long Bull Pennant That’s Been Forming on $XLM\n\n**_For those that are not aware of what a bull pennant is, allow us to show you below:_**\n\n![](https://cdn-images-1.medium.com/max/1250/0*PDLDy2qhyjT9-tt0.jpg)\n\n![](https://cdn-images-1.medium.com/max/1250/0*0vtc9SYOuLa4uFfy.png)\n\n![](https://cdn-images-1.medium.com/max/1250/0*3qhWJErT4cs-YTyJ.png)\n\nYou more than likely get the gist of how a pennant works by now from the above pictures.\n\n**_Basically it is:_**\n\n1.  A chart formation that is in the shape of a pennant.\n2.  It occurs over a decent amount of time (usually a few weeks, but could be longer).\n3.  It is typically a **_continuation pattern_** (if it completes). So, it can either be bullish or bearish contingent upon the prior price direction.\n\n**_Now, take a look at a scrolled out view of the Stellar price chart:_**\n\n![](https://cdn-images-1.medium.com/max/1563/1*A4bDxDMFVGRXFV3JsSZZRA.png)\n\n[https://www.tradingview.com/x/EfWgy0Pg/](https://www.tradingview.com/x/EfWgy0Pg/)\n\nFrom the picture above, there should be a few things that are now apparently obvious:\n\n1.  There is a massive bull pennant on the daily (and weekly) chart for $XLM.\n2.  Given the fact that the bull pennant is so massive, the potential gains that could be amassed from this trade are absolutely ridiculous (in the long-term).\n3.  It appears that there will be no breakout yet at this point in time because the price failed to break north of the diagonal downtrend resistance (series of lower highs that we saw above). Thus, the price is more than likely headed down to test the series of higher lows.\n\nHere’s a better, up-close view of what’s going on and why we’re bearish in the **_short-term_**:\n\n![](https://cdn-images-1.medium.com/max/1563/1*Opxspm3Z8Dx3Rr9BkqNWYA.png)\n\n[https://www.tradingview.com/x/OlNFcKoJ/](https://www.tradingview.com/x/OlNFcKoJ/)\n\n![](https://cdn-images-1.medium.com/max/1563/1*16llyo8arQkeA3oG40kqZQ.png)\n\n[https://www.tradingview.com/x/sbqQ5fKU/](https://www.tradingview.com/x/sbqQ5fKU/)\n\nThe above picture summarizes what we predict will more than likely occur with the price action.\n\n# Conclusion\n\nThis price analysis epitomizes what our beliefs are in terms of $XLM’s price action in the near and distant futures.\n\n**_We believe that in the short term:_**\n\n$XLM will exhibit bearish price action. We don’t expect that the price will exceed the previous highs that it was at.\n\n**_We believe that in the long-term:_**\n\n$XLM will prove to break out of the pennant that is is currently in a northward direction, proving to be one of the more promising options.",
      "title": "$XLM Looks Bearish Short-Term; Super Bullish Longer-Term",
      "author": "proofofresearch",
      "permlink": "usdxlm-looks-bearish-short-term-super-bullish-longer-term",
      "json_metadata": "{\"tags\":[\"bitcoin\",\"crypto\",\"cryptocurrency\",\"priceanalysis\",\"technicalanalysis\"],\"image\":[\"https://cdn-images-1.medium.com/max/1250/1*pxI6EkujXHTEIeFnjiu2dw.gif\",\"https://cdn-images-1.medium.com/max/1563/1*oCa5Gq4M4l-en_lmaveqJg.png\",\"https://cdn-images-1.medium.com/max/1563/1*U88Ip6VRtb1Q6w1OBq70GA.png\",\"https://cdn-images-1.medium.com/max/1563/1*9l7rK_1yR5NRjPKElQf6SQ.png\",\"https://cdn-images-1.medium.com/max/1563/1*yTuOSoeJJcbyWWAfGIbsYw.png\",\"https://cdn-images-1.medium.com/max/1563/1*mL_vzjYMSgiC50mgskJOgw.png\",\"https://cdn-images-1.medium.com/max/1563/1*uIVsQmyI2DjlR5X6pTmDeA.png\",\"https://cdn-images-1.medium.com/max/1250/0*PDLDy2qhyjT9-tt0.jpg\",\"https://cdn-images-1.medium.com/max/1250/0*0vtc9SYOuLa4uFfy.png\",\"https://cdn-images-1.medium.com/max/1250/0*3qhWJErT4cs-YTyJ.png\",\"https://cdn-images-1.medium.com/max/1563/1*A4bDxDMFVGRXFV3JsSZZRA.png\",\"https://cdn-images-1.medium.com/max/1563/1*Opxspm3Z8Dx3Rr9BkqNWYA.png\",\"https://cdn-images-1.medium.com/max/1563/1*16llyo8arQkeA3oG40kqZQ.png\"],\"links\":[\"https://www.tradingview.com/x/UzQnMejN/\",\"https://www.tradingview.com/x/w424dA3m/\",\"https://www.tradingview.com/x/sNNp55kd/\",\"https://www.tradingview.com/x/6GbGynjV/\",\"https://www.tradingview.com/x/aiyzHoU1/\",\"https://www.tradingview.com/x/wRcDH6mS/\",\"https://www.tradingview.com/x/EfWgy0Pg/\",\"https://www.tradingview.com/x/OlNFcKoJ/\",\"https://www.tradingview.com/x/sbqQ5fKU/\"],\"app\":\"steemit/0.1\",\"format\":\"markdown\"}",
      "parent_author": "",
      "parent_permlink": "bitcoin"
    }
  ],
  "block": 26250448,
  "trx_id": "78bd5253684e016f36c28f764a1d67aadc2b9b1b",
  "op_in_trx": 0,
  "timestamp": "2018-09-25T09:45:03",
  "virtual_op": false,
  "trx_in_block": 37
}

{
  "op": [
    "effective_comment_vote",
    {
      "voter": "mrakodrap",
      "author": "proofofresearch",
      "weight": 34744,
      "rshares": 1962112728,
      "permlink": "vitalik-buterin-s-new-scaling-suggestion-warrants-more-credit-than-its-received",
      "pending_payout": "0.002 HBD",
      "total_vote_weight": 49338
    }
  ],
  "block": 26248205,
  "trx_id": "9b3009ccf5e1e97d78423b60eef3a1cfac4c716f",
  "op_in_trx": 1,
  "timestamp": "2018-09-25T07:52:51",
  "virtual_op": true,
  "trx_in_block": 4
}

{
  "op": [
    "vote",
    {
      "voter": "mrakodrap",
      "author": "proofofresearch",
      "weight": 1000,
      "permlink": "vitalik-buterin-s-new-scaling-suggestion-warrants-more-credit-than-its-received"
    }
  ],
  "block": 26248205,
  "trx_id": "9b3009ccf5e1e97d78423b60eef3a1cfac4c716f",
  "op_in_trx": 0,
  "timestamp": "2018-09-25T07:52:51",
  "virtual_op": false,
  "trx_in_block": 4
}

{
  "op": [
    "effective_comment_vote",
    {
      "voter": "restbot",
      "author": "proofofresearch",
      "weight": 1862,
      "rshares": 61012332,
      "permlink": "vitalik-buterin-s-new-scaling-suggestion-warrants-more-credit-than-its-received",
      "pending_payout": "0.000 HBD",
      "total_vote_weight": 14594
    }
  ],
  "block": 26248186,
  "trx_id": "c6c19075696f1d6a677167beafc5e63fd9d40bf7",
  "op_in_trx": 1,
  "timestamp": "2018-09-25T07:51:54",
  "virtual_op": true,
  "trx_in_block": 31
}

{
  "op": [
    "vote",
    {
      "voter": "restbot",
      "author": "proofofresearch",
      "weight": 1000,
      "permlink": "vitalik-buterin-s-new-scaling-suggestion-warrants-more-credit-than-its-received"
    }
  ],
  "block": 26248186,
  "trx_id": "c6c19075696f1d6a677167beafc5e63fd9d40bf7",
  "op_in_trx": 0,
  "timestamp": "2018-09-25T07:51:54",
  "virtual_op": false,
  "trx_in_block": 31
}

{
  "op": [
    "effective_comment_vote",
    {
      "voter": "hr1",
      "author": "proofofresearch",
      "weight": 232833,
      "rshares": 53760948343,
      "permlink": "how-to-gain-value-from-my-price-analysis-articles-monero-example",
      "pending_payout": "0.071 HBD",
      "total_vote_weight": 233612
    }
  ],
  "block": 26247987,
  "trx_id": "743ff09d0b326da20e261eee4efce99034e4185e",
  "op_in_trx": 1,
  "timestamp": "2018-09-25T07:41:57",
  "virtual_op": true,
  "trx_in_block": 1
}

{
  "op": [
    "vote",
    {
      "voter": "hr1",
      "author": "proofofresearch",
      "weight": 2,
      "permlink": "how-to-gain-value-from-my-price-analysis-articles-monero-example"
    }
  ],
  "block": 26247987,
  "trx_id": "743ff09d0b326da20e261eee4efce99034e4185e",
  "op_in_trx": 0,
  "timestamp": "2018-09-25T07:41:57",
  "virtual_op": false,
  "trx_in_block": 1
}

{
  "op": [
    "effective_comment_vote",
    {
      "voter": "magpielover",
      "author": "proofofresearch",
      "weight": 12732,
      "rshares": 148795590,
      "permlink": "vitalik-buterin-s-new-scaling-suggestion-warrants-more-credit-than-its-received",
      "pending_payout": "0.000 HBD",
      "total_vote_weight": 12732
    }
  ],
  "block": 26247790,
  "trx_id": "8fa8fb5534a76fe3126c23bc10833e17ea23ad8d",
  "op_in_trx": 1,
  "timestamp": "2018-09-25T07:32:06",
  "virtual_op": true,
  "trx_in_block": 12
}

{
  "op": [
    "vote",
    {
      "voter": "magpielover",
      "author": "proofofresearch",
      "weight": 10000,
      "permlink": "vitalik-buterin-s-new-scaling-suggestion-warrants-more-credit-than-its-received"
    }
  ],
  "block": 26247790,
  "trx_id": "8fa8fb5534a76fe3126c23bc10833e17ea23ad8d",
  "op_in_trx": 0,
  "timestamp": "2018-09-25T07:32:06",
  "virtual_op": false,
  "trx_in_block": 12
}

{
  "op": [
    "comment",
    {
      "body": "# How to Gain Value From my Price Analysis Articles (Monero Example)\n\n![](https://cdn-images-1.medium.com/max/1250/1*Zssm1PmIxEEKUnLe0ud0ig.gif)\n\n# Introduction\n\nThis Monero price analysis is a really good example of why I think the price analysis articles that I put up are worth reading:\n\n[https://www.tradingview.com/chart/XMRUSD/xeuy8OUz-Monero-Price-Analysis-Feast-or-Famine-Version/](https://tradingview.com/chart/XMRUSD/xeuy8OUz-Monero-Price-Analysis-Feast-or-Famine-Version)\n\nThis article isn’t just about being right, it’s about strategizing your entries and exits when you take positions in coins.\n\n# “What Do You Mean?”\n\nI’ll explain.\n\n1. In the article, I showed the trendline that you see in the default picture for the post.\n\n2. My default position on here was that you should not enter in a position just yet and that this was a trade that needed to be monitored. There are some trades that are like that. Sometimes it’s best to wait for some more price action to play out in a trade before pulling the trigger on it. This can save you a lot in terms of avoiding unnecessary losses or buying a bag that ties up your funds for a longer period of time than what you want.\n\n3. The strategy for the Monero price analysis was to **wait until the price broke below the trendline. If that did happen, you begin to take out a mean short. Of course, you have to plot for yourself, when you should exit the short (I’m not that clairvoyant).\n\n4. I also recommended that you place a long position if the price exceeded $108 (to be super safe about it), because I knew that the price busting past that point would mean that there were probably a decent amount of gains to still be had.\n\n5. I pointed out the uptrend in the RSI (higher lows), to show that there was an overall bias toward bullishness in the not-so-distant future. However, I was also careful to mention that this chart is on the 2H time frame, so the ‘not-so-distant future’ did not mean in a week or two. I believe that this was also included in there.\n\nFor all of the reasons that were stated above, I did not advocate for a certain position to be taken on this coin, but rather for you to wait and play it out whether it broke above or below.\n\n# Trading on Trendlines\n\nI’m never really a fan of trading directly on a trendline unless there are some other super taletell signs like what we saw with Bitcoin when it had an exhausted RSI and the price was nudging against the resistance point for a while.\n\n[https://www.tradingview.com/x/YyUuDXjC](https://tradingview.com/x/YyUuDXjC)\n\nLooking at this photo, you could tell that the price of Bitcoin was going to turn down because the RSI was beginning to wane as the price continuously traded against the $7.5k resistance, unsuccessfully breaking it.\n\nAnother major clue was not wicks breaking up to the north.\n\n# Bitcoin Example\n\n![](https://cdn-images-1.medium.com/max/1250/0*AFdjE28ao-xtoYxQ)\n\nWhenever you see something like this on a chart and you’re wondering to yourself,\n\n> Will the price break upward or downward?\n\nA telltale sign can be found in the wick formations.\n\nAs you can see in the picture, there were barely any wicks that really broke above that $6.5k point.\n\nHowever, there were a lot of long wicks sticking out of the bottom. That shows bear pressure.\n\nThis + exhausted RSI on the lower TFs is what caused me to say the price is going down .\n\nI predicted that it would most likely just hit the $6.2k point because the RSI on the daily chart wasn’t grossly overbought or anything. It’s been making its way with some good momentum if you check it out (RSI(14)).\n\nHowever, the lower TFs (H4 and below), were overbought. So, it seemed like the price needed to ‘cool off’ for a bit before making its way back up.\n\nEven despite being right on that call, I probably would have said that a responsible trader shouldn’t have taken a position on that play unless you’re naturally that aggressive.\n\nThe reason why I say this is because $6.5k-$6.2k = $300; $300/$6.5k = +4.6%.\n\nSo, the maximum upside of (my predicted) move (before it happened) was +4.6%. Given Bitcoin’s volatility and semi-unpredictability to move upward at random and in one fell swoop / volatile move, there’s a chance that placing a tight S/L won’t be sufficient because the price will move up too quickly and you’ll just simply be stuck with a $6.5k bag if the price were to raise suddenly (hypothetically).\n\n# Conclusion\n\nI’m just a risk averse individual, and that’s the type of trading that I advocate — especially in these volatile markets.\n\nProtect yourself, hedge yourself, and be humble about the gains you’re trying to get in this market and the market will treat you well.",
      "title": "How to Gain Value From my Price Analysis Articles (Monero Example)",
      "author": "proofofresearch",
      "permlink": "how-to-gain-value-from-my-price-analysis-articles-monero-example",
      "json_metadata": "{\"tags\":[\"bitcoin\",\"crypto\",\"cryptocurrency\",\"priceanalysis\",\"technicalanalysis\"],\"image\":[\"https://cdn-images-1.medium.com/max/1250/1*Zssm1PmIxEEKUnLe0ud0ig.gif\",\"https://cdn-images-1.medium.com/max/1250/0*AFdjE28ao-xtoYxQ\"],\"links\":[\"https://tradingview.com/chart/XMRUSD/xeuy8OUz-Monero-Price-Analysis-Feast-or-Famine-Version\",\"https://tradingview.com/x/YyUuDXjC\"],\"app\":\"steemit/0.1\",\"format\":\"markdown\"}",
      "parent_author": "",
      "parent_permlink": "bitcoin"
    }
  ],
  "block": 26247389,
  "trx_id": "d0cc235d10b3ad74c08541cef71c8284c5c217bc",
  "op_in_trx": 0,
  "timestamp": "2018-09-25T07:12:03",
  "virtual_op": false,
  "trx_in_block": 61
}

{
  "op": [
    "transfer",
    {
      "to": "proofofresearch",
      "from": "allaz",
      "memo": "Promote your post. Your post will be min 10  resteemed with over 13000  followers , min 25  Upvote Different account. Your post will be more popular and you will find new friends. Send 0.5 SBD or STEEM to @allaz ( URL as memo ) Service Active",
      "amount": "0.001 HBD"
    }
  ],
  "block": 26247244,
  "trx_id": "652094013d270ea4a486a0a6b94f3b635ae302dd",
  "op_in_trx": 0,
  "timestamp": "2018-09-25T07:04:48",
  "virtual_op": false,
  "trx_in_block": 13
}

{
  "op": [
    "comment",
    {
      "body": "# Vitalik Buterin’s New Scaling Suggestion Warrants More Credit Than its Received\n\n![](https://cdn-images-1.medium.com/max/1250/1*UQ6T9OjOTaZgffPXGGVchg.png)\n\n# Introduction\n\nFor those that don’t know, there was news that dropped recently about a suggestion that Vitalik was considering entertaining in the near future.\n\n**_The article can be found here:_**\n\n[**Vitalik: Ethereum (ETH) Can Scale to 500 tps Using ZCash's ZK-SNARKs - Ethereum World News**  \n_The ability for the Ethereum (ETH) network to scale and provide a greater throughput than the current 15 - 25…_ethereumworldnews.com](https://ethereumworldnews.com/vitalik-ethereum-eth-can-scale-to-500-tps-using-zcashs-zk-snarks \"https://ethereumworldnews.com/vitalik-ethereum-eth-can-scale-to-500-tps-using-zcashs-zk-snarks\")[](https://ethereumworldnews.com/vitalik-ethereum-eth-can-scale-to-500-tps-using-zcashs-zk-snarks)\n\n# Perhaps This Isn’t Such a Bad Idea\n\nThis + sharding is something that would actually help blockchains scale in a decentralized manner.\n\nIt’s still hard to do when we’re talking about actually conferring value (financial; monetary/fiduciary TX) on a blockchain.\n\n# Potential Complications\n\nGiven the size of the blockchain, sharding would be necessitated to some extent (it seems). But what makes that a little bit more difficult on blockchain is the fact that that its not structured like a regular database. So, ‘sharding’ the data is much easier said than done.\n\nIt also has broad implications for the settlement of TX that still are yet to be addressed. In theory, its plausible. Zero knowledge proofs are the final step to the equation though in making that happen. You need some sort of way to lower the load/per node on the network so that sharding the data isn’t a complex thing.\n\nThe implementation of those two solutions poses a light at the end of the tunnel for blockchain scalability. Not sure if there’s enough time for Ethereum to implement this suggestion, but at least Vitalik is finally thinking.\n\nIf you feel like being a super nerd today, check out this GitHub page. Really informative and really helps with the understanding of P2P, decentralized technology that runs entirely on its on using the concept of sharding.\n\n[https://xorro-p2p.github.io/](https://xorro-p2p.github.io/)\n\nNow, this is with a regular database, so its not blockchain — but it at least presents a model for how this could be accomplished\n\n# What Makes Scaling a Blockchain so Difficult\n\n1) Blockchains can’t be queried in the same way that a database can.\n\n2) The propagation of blocks is going to take ‘X’ amount of time no matter what, and it will always be a barrier to scaling. Sharding is a bit more complex in a blockchain setup because of #1. Technically, nodes would need to have access to all transactions all the time (remember DLT; distributed ledger technology).\n\n**_So, the only way around that would be…_**\n\n3) ZK proofs. If you can prove the validity of the TX, then downloading the entire blockchain is no longer a necessary aspect of running it. However, blocks must be stored in some fashion, or at least accessible, demonstrable or proven. If not, then it no longer becomes a historical ledger of TX. Now, that’s not a problem if that’s what a network is going for — but if you value those records being kept and would like to refer to them later (i.e., if there is some sort of dispute between a buyer and a vendor), then this is a hell of a compromise to make.\n\nWhich brings everything back to square one, once more.",
      "title": "Vitalik Buterin’s New Scaling Suggestion Warrants More Credit Than its Received",
      "author": "proofofresearch",
      "permlink": "vitalik-buterin-s-new-scaling-suggestion-warrants-more-credit-than-its-received",
      "json_metadata": "{\"tags\":[\"bitcoin\",\"crypto\",\"cryptocurrency\",\"priceanalysis\",\"technicalanalysis\"],\"image\":[\"https://cdn-images-1.medium.com/max/1250/1*UQ6T9OjOTaZgffPXGGVchg.png\"],\"links\":[\"https://ethereumworldnews.com/vitalik-ethereum-eth-can-scale-to-500-tps-using-zcashs-zk-snarks\",\"https://xorro-p2p.github.io/\"],\"app\":\"steemit/0.1\",\"format\":\"markdown\"}",
      "parent_author": "",
      "parent_permlink": "bitcoin"
    }
  ],
  "block": 26247142,
  "trx_id": "6d815b079f2a5568ea0fd4ca8495f6f44755b915",
  "op_in_trx": 0,
  "timestamp": "2018-09-25T06:59:42",
  "virtual_op": false,
  "trx_in_block": 44
}

{
  "op": [
    "comment_payout_update",
    {
      "author": "proofofresearch",
      "permlink": "bitcoin-price-analysis-re-test-before-move-up"
    }
  ],
  "block": 26247060,
  "trx_id": "0000000000000000000000000000000000000000",
  "op_in_trx": 6,
  "timestamp": "2018-09-25T06:55:36",
  "virtual_op": true,
  "trx_in_block": 4294967295
}

{
  "op": [
    "comment_reward",
    {
      "author": "proofofresearch",
      "payout": "0.072 HBD",
      "permlink": "bitcoin-price-analysis-re-test-before-move-up",
      "author_rewards": 66,
      "total_payout_value": "0.057 HBD",
      "curator_payout_value": "0.014 HBD",
      "beneficiary_payout_value": "0.000 HBD"
    }
  ],
  "block": 26247060,
  "trx_id": "0000000000000000000000000000000000000000",
  "op_in_trx": 5,
  "timestamp": "2018-09-25T06:55:36",
  "virtual_op": true,
  "trx_in_block": 4294967295
}

{
  "op": [
    "author_reward",
    {
      "author": "proofofresearch",
      "permlink": "bitcoin-price-analysis-re-test-before-move-up",
      "hbd_payout": "0.000 HBD",
      "hive_payout": "0.033 HIVE",
      "vesting_payout": "66.686663 VESTS",
      "payout_must_be_claimed": true,
      "curators_vesting_payout": "34.353735 VESTS"
    }
  ],
  "block": 26247060,
  "trx_id": "0000000000000000000000000000000000000000",
  "op_in_trx": 4,
  "timestamp": "2018-09-25T06:55:36",
  "virtual_op": true,
  "trx_in_block": 4294967295
}

{
  "op": [
    "comment",
    {
      "body": "# The Ever So Volatile Ripple $XRP is Starting to Look Bearish Again\n\n![](https://cdn-images-1.medium.com/max/1250/0*gbDRm91I81fJd54y.jpg)\n\nGiven the wild and astronomic price increase for the $XRP token over the last few days, it seems more appropriate now more than it ever has been to cover its future price action.\n\n# Ripple Price Analysis\n\n![](https://cdn-images-1.medium.com/max/1563/1*Ol4sh06B28PDb4c_IrnNiQ.png)\n\n[https://www.tradingview.com/x/zZVTWnYH/](https://www.tradingview.com/x/zZVTWnYH/)\n\nIn the picture above, the lower support point was drawn days before based on $XRP’s prior price action on higher time frames when it was initially bursting through the seams.\n\n**_Here is a transcription of the tweet that was posted attesting to this:_**\n\nFrom what can be seen in the initial chart that was posted above, it appears as though the price is headed back to a re-test of 43 cents.\n\nThis should come of no surprise after witnessing the bump and run pattern in its full fruition during the meteoric price rise of $XRP.\n\nBelow is a readjusted version of $XRP.\n\n![](https://cdn-images-1.medium.com/max/1563/1*RbXYE9E74Ofe9TdHRA-eog.png)\n\n[https://www.tradingview.com/x/IxSsa2D9/](https://www.tradingview.com/x/IxSsa2D9/)\n\n### Zero_n0ncense Moving Fibs (Custom Indicator)\n\n![](https://cdn-images-1.medium.com/max/1563/1*1OAIzAr-u8bDDrNoIsYMVA.png)\n\n[https://www.tradingview.com/x/qZDXG8Qm/](https://www.tradingview.com/x/qZDXG8Qm/)\n\nThe moving fibs that you see here dictate that $XRP is also trading against a marked support point in that arena as well.\n\nPlease make sure to keep in mind that this is the H2 time frame as well.\n\n![](https://cdn-images-1.medium.com/max/1563/1*nS8g1f9WmoRM0_rAU2kRqA.png)\n\n[https://www.tradingview.com/x/lh285tKb/](https://www.tradingview.com/x/lh285tKb/)\n\nThe logical assumption is that the price will continue to ascend from the price point that it is at currently.\n\n![](https://cdn-images-1.medium.com/max/1563/1*Bz8J4FUUnFppOq8Qw4M8LQ.png)\n\n[https://www.tradingview.com/x/jQLk9D3g/](https://www.tradingview.com/x/jQLk9D3g/)\n\nIn the picture above, we can see that all of our oscillators are indicating oversold at this point on the H2.\n\nAnother positive note for $XRP bulls is the fact that the price has successfully bounced off of the EMA-100 on the H2.\n\n![](https://cdn-images-1.medium.com/max/1563/1*yTjPRnN-rvCgGPe_SvsiKw.png)\n\n[https://www.tradingview.com/x/lQvFCCCk/](https://www.tradingview.com/x/lQvFCCCk/)\n\nNow, let’s check out the higher time frames to see how $XRP is behaving there as well.\n\n# $XRP Daily Time Frame\n\n![](https://cdn-images-1.medium.com/max/1563/1*bdzjBFVQSN_RTk8LNfjZZA.png)\n\n[https://www.tradingview.com/x/ZjUx8YVJ/](https://www.tradingview.com/x/ZjUx8YVJ/)\n\nThe above chart shows some notes about the current price action of $XRP.\n\n# Relative Strength Index (14)\n\n![](https://cdn-images-1.medium.com/max/1563/1*ostWxo-0FNjJBdE76N58_Q.png)\n\n[https://www.tradingview.com/x/7uKp1Qp9/](https://www.tradingview.com/x/7uKp1Qp9/)\n\nThe RSI(14) was grossly overbought recently. So, there’s not much room for a continuation in the price action at this point.\n\nTypically, catalysts such as the one (whatever it was) that sent the price of $XRP flying through the roof die almost as quick as they came and they do not revive themselves unless there is something fundamentally different with the coin itself.\n\nTherefore, $XRP is in **serious danger of correcting substantially further than what it has already.**\n\nWhile the lower time frames were ambivalent, and potentially even signaled that there would be a slight ‘bounce’ — Chances are that the price of $XRP will be stifled by the already exhausted run and the fact that new buyers will not see as much of a potential ROI as there once was now that the price is already substantially overextended from where it was previously.\n\n# Conclusion\n\nThere is no R/R that the author advocates specifically at this point.",
      "title": "The Ever So Volatile Ripple $XRP is Starting to Look Bearish Again",
      "author": "proofofresearch",
      "permlink": "the-ever-so-volatile-ripple-usdxrp-is-starting-to-look-bearish-again",
      "json_metadata": "{\"tags\":[\"bitcoin\",\"crypto\",\"cryptocurrency\",\"priceanalysis\",\"technicalanalysis\"],\"image\":[\"https://cdn-images-1.medium.com/max/1250/0*gbDRm91I81fJd54y.jpg\",\"https://cdn-images-1.medium.com/max/1563/1*Ol4sh06B28PDb4c_IrnNiQ.png\",\"https://cdn-images-1.medium.com/max/1563/1*RbXYE9E74Ofe9TdHRA-eog.png\",\"https://cdn-images-1.medium.com/max/1563/1*1OAIzAr-u8bDDrNoIsYMVA.png\",\"https://cdn-images-1.medium.com/max/1563/1*nS8g1f9WmoRM0_rAU2kRqA.png\",\"https://cdn-images-1.medium.com/max/1563/1*Bz8J4FUUnFppOq8Qw4M8LQ.png\",\"https://cdn-images-1.medium.com/max/1563/1*yTjPRnN-rvCgGPe_SvsiKw.png\",\"https://cdn-images-1.medium.com/max/1563/1*bdzjBFVQSN_RTk8LNfjZZA.png\",\"https://cdn-images-1.medium.com/max/1563/1*ostWxo-0FNjJBdE76N58_Q.png\"],\"links\":[\"https://www.tradingview.com/x/zZVTWnYH/\",\"https://www.tradingview.com/x/IxSsa2D9/\",\"https://www.tradingview.com/x/qZDXG8Qm/\",\"https://www.tradingview.com/x/lh285tKb/\",\"https://www.tradingview.com/x/jQLk9D3g/\",\"https://www.tradingview.com/x/lQvFCCCk/\",\"https://www.tradingview.com/x/ZjUx8YVJ/\",\"https://www.tradingview.com/x/7uKp1Qp9/\"],\"app\":\"steemit/0.1\",\"format\":\"markdown\"}",
      "parent_author": "",
      "parent_permlink": "bitcoin"
    }
  ],
  "block": 26246436,
  "trx_id": "883900ee39149a906c6fdccea61a6ba1133d5805",
  "op_in_trx": 0,
  "timestamp": "2018-09-25T06:24:21",
  "virtual_op": false,
  "trx_in_block": 1
}

{
  "op": [
    "effective_comment_vote",
    {
      "voter": "smartcoins",
      "author": "proofofresearch",
      "weight": 78839,
      "rshares": 10906778299,
      "permlink": "ethereum-price-analysis",
      "pending_payout": "0.015 HBD",
      "total_vote_weight": 111114
    }
  ],
  "block": 26237754,
  "trx_id": "6fd8af69564ed9720698447cb5ea08b4543ada3b",
  "op_in_trx": 1,
  "timestamp": "2018-09-24T23:09:48",
  "virtual_op": true,
  "trx_in_block": 24
}

{
  "op": [
    "vote",
    {
      "voter": "smartcoins",
      "author": "proofofresearch",
      "weight": 1000,
      "permlink": "ethereum-price-analysis"
    }
  ],
  "block": 26237754,
  "trx_id": "6fd8af69564ed9720698447cb5ea08b4543ada3b",
  "op_in_trx": 0,
  "timestamp": "2018-09-24T23:09:48",
  "virtual_op": false,
  "trx_in_block": 24
}

{
  "op": [
    "comment",
    {
      "body": " @proofofresearch, I gave you a vote!<br>If you follow me, I will also follow you in return!",
      "title": "",
      "author": "introduce.bot",
      "permlink": "introduce-bot-re-proofofresearchethereum-price-analysis",
      "json_metadata": "",
      "parent_author": "proofofresearch",
      "parent_permlink": "ethereum-price-analysis"
    }
  ],
  "block": 26236536,
  "trx_id": "d079f3ae03b25c1b8c2ef1a49b2736f463620c3c",
  "op_in_trx": 0,
  "timestamp": "2018-09-24T22:08:48",
  "virtual_op": false,
  "trx_in_block": 21
}

{
  "op": [
    "effective_comment_vote",
    {
      "voter": "introduce.bot",
      "author": "proofofresearch",
      "weight": 16191,
      "rshares": 1041473849,
      "permlink": "ethereum-price-analysis",
      "pending_payout": "0.001 HBD",
      "total_vote_weight": 32275
    }
  ],
  "block": 26236535,
  "trx_id": "7343c6898b7cbd054ea7f8e7723ef10c2df45d06",
  "op_in_trx": 1,
  "timestamp": "2018-09-24T22:08:45",
  "virtual_op": true,
  "trx_in_block": 44
}

{
  "op": [
    "vote",
    {
      "voter": "introduce.bot",
      "author": "proofofresearch",
      "weight": 100,
      "permlink": "ethereum-price-analysis"
    }
  ],
  "block": 26236535,
  "trx_id": "7343c6898b7cbd054ea7f8e7723ef10c2df45d06",
  "op_in_trx": 0,
  "timestamp": "2018-09-24T22:08:45",
  "virtual_op": false,
  "trx_in_block": 44
}

{
  "op": [
    "comment",
    {
      "body": "![](https://cdn-images-1.medium.com/max/1100/1*OVdh9UvPcsAVWJ_m6CUB4A.gif)\n\nAs one of the more volatile members of the T10 cryptocurrencies, Ethereum is something that mandates special attention for traders that dare to venture into the land of the ‘unknown’.\n\n# Ethereum Price Analysis\n\n![](https://cdn-images-1.medium.com/max/1375/1*4S5WItMvYs_A7FIQyzZdmw.png)\n\n[https://www.tradingview.com/x/K1JOfwwg/](https://www.tradingview.com/x/K1JOfwwg/)\n\nThe picture above shows Ethereum on the H2 chart (H2 = 2-Hour Time Chart).\n\nAs you can see above, the translucent boxes show that the uptrend line that has formed itself is well tested at this point, with several rises after the re-tests.\n\nAt this point, after four tests of the line, we can consider this to be a reliable point of support for the price.\n\nThus, since the price is currently trading against this line at this point, it is reasonable to expect that there could be a potential price gain in the immediate future (immediate since its the H2 timeframe).\n\n# Relative Strength Index(14) [H2 Time Frame]\n\n![](https://cdn-images-1.medium.com/max/1375/1*KmyyQoe9YsnqPnlYV86CiQ.png)\n\n[https://www.tradingview.com/x/Szqex3ga/](https://www.tradingview.com/x/Szqex3ga/)\n\nThe RSI on the H2 time frame shows the RSI speeding toward the oversold point. Normally, in a bear market this would be something that would be of no greater consequence for us.\n\nHowever, since the overall trend on the higher time frames dictates that the positive momentum is still in full swing, this is a condition that we **_could be justified_** in seeing as **_temporary_**.\n\n![](https://cdn-images-1.medium.com/max/1375/1*IPr26RKeR4Ve4L3hIxtpZw.png)\n\n[https://www.tradingview.com/x/M44vU8pb/](https://www.tradingview.com/x/M44vU8pb/)\n\nAbove, is a picture of the RSI(14) on the daily chart.\n\nAs one can observe in the picture above, the RSI is still increasing at a steady pace with a marked trend.\n\nTherefore, the data that we observe on the RSI(14) for the H2, in the author’s opinion, indicates a period of consolidation rather than the beginning of a downtrend.\n\nIn order to confirm, let’s take a look at a few other indicators.\n\n# EMA Mean Regression\n\nThis is a custom indicator that we have yet to use in the bear market, but one that would be useful in this scenario.\n\n![](https://cdn-images-1.medium.com/max/1375/1*0D-X05ZwCAjT41xifhw3lA.png)\n\n[https://www.tradingview.com/x/LJEHUKmC/](https://www.tradingview.com/x/LJEHUKmC/)\n\nThis indicator is useful in the lower time frames because it does a few things:\n\n1.  Gives us a multitude of buy and sell signals.\n2.  Helps us to anticipate when there may be a potential uptick in the price.\n\nBased on what we can see above in the H2 time frame, it appears that an impending uptick in the price could be around the corner.\n\nOne of the basic principles of EMA indicators is that the closer they become to one another, the more likely it is that they will **_cross in the near future_**, which would signal a reversal in the price movement.\n\nCurrently, that principle is espoused in the indicator above through the **_narrowing_** or **_thinning of the mean reversion ribbon_**.\n\n![](https://cdn-images-1.medium.com/max/1375/1*sbu7sW_NbIktuyu52OjpVw.png)\n\n[https://www.tradingview.com/x/Gb8jirK0/](https://www.tradingview.com/x/Gb8jirK0/)\n\nThis is exemplified in the pic**_t_**ure above via the translucent green box for those that were not able to identify it earlier.\n\nThe ribbon itself signals a resistance and support point contingent upon whether the price is above or below.\n\nAt this point, the price is below the EMA mean reve**r**sion, which makes it a point of resistance.\n\nAs we can see on the chart above, the overhead resistance is hanging at $237.\n\nTherefore, as a starter, the price should at least break through $237 before we really begin to become bullish on the price action again in the short-term.\n\n## Exponential Moving Average\n\n![](https://cdn-images-1.medium.com/max/1375/1*BWravgvdAke96fwIQVm6uA.png)\n\n[https://www.tradingview.com/x/av29ShZ0/](https://www.tradingview.com/x/av29ShZ0/)\n\nThe EMA-26 is also hanging at the $237 price mark as well.\n\n# Conclusion\n\nBased on what was shown above as well as in other indicators, there is probably more consolidation that is due on the Ethereum chart.\n\nAdvocating a long position at this point is not something that can be done definitively at this point if one wanted to maximize their R/R.\n\nHowever, the convergence of the EMA indicators as shown by the EMA mean regression (custom indicator) above yields credence to the idea that there **_may be a reversal in the price in the near future_**.\n\n## Targets\n\n![](https://cdn-images-1.medium.com/max/1375/1*25tmBjPvq36X7DLeYwRE_g.png)\n\n[https://www.tradingview.com/x/PwfmVVif/](https://www.tradingview.com/x/PwfmVVif/)\n\nAs you can see in the above picture, the price did ascend past the resistance point that it was nudging against (marked by the translucent green triangles). After the price surpassed that point, it then re-tested (the phase that it is in currently).\n\nThe maximum overhead resistance, according to the Fib levels, is marked at $275.",
      "title": "Ethereum Price Analysis",
      "author": "proofofresearch",
      "permlink": "ethereum-price-analysis",
      "json_metadata": "{\"tags\":[\"bitcoin\",\"crypto\",\"cryptocurrency\",\"priceanalysis\",\"technicalanalysis\"],\"image\":[\"https://cdn-images-1.medium.com/max/1100/1*OVdh9UvPcsAVWJ_m6CUB4A.gif\",\"https://cdn-images-1.medium.com/max/1375/1*4S5WItMvYs_A7FIQyzZdmw.png\",\"https://cdn-images-1.medium.com/max/1375/1*KmyyQoe9YsnqPnlYV86CiQ.png\",\"https://cdn-images-1.medium.com/max/1375/1*IPr26RKeR4Ve4L3hIxtpZw.png\",\"https://cdn-images-1.medium.com/max/1375/1*0D-X05ZwCAjT41xifhw3lA.png\",\"https://cdn-images-1.medium.com/max/1375/1*sbu7sW_NbIktuyu52OjpVw.png\",\"https://cdn-images-1.medium.com/max/1375/1*BWravgvdAke96fwIQVm6uA.png\",\"https://cdn-images-1.medium.com/max/1375/1*25tmBjPvq36X7DLeYwRE_g.png\"],\"links\":[\"https://www.tradingview.com/x/K1JOfwwg/\",\"https://www.tradingview.com/x/Szqex3ga/\",\"https://www.tradingview.com/x/M44vU8pb/\",\"https://www.tradingview.com/x/LJEHUKmC/\",\"https://www.tradingview.com/x/Gb8jirK0/\",\"https://www.tradingview.com/x/av29ShZ0/\",\"https://www.tradingview.com/x/PwfmVVif/\"],\"app\":\"steemit/0.1\",\"format\":\"markdown\"}",
      "parent_author": "",
      "parent_permlink": "bitcoin"
    }
  ],
  "block": 26236234,
  "trx_id": "863e5821fe26a97edfc01371ea21b39acc0d56da",
  "op_in_trx": 0,
  "timestamp": "2018-09-24T21:53:42",
  "virtual_op": false,
  "trx_in_block": 52
}

{
  "op": [
    "effective_comment_vote",
    {
      "voter": "wilkynson",
      "author": "proofofresearch",
      "weight": 1066,
      "rshares": 558637676,
      "permlink": "bitcoin-price-analysis-9-23-2018-potential-re-test-before-advance",
      "pending_payout": "0.100 HBD",
      "total_vote_weight": 287495
    }
  ],
  "block": 26214559,
  "trx_id": "cbe7182eae9a3f18dc528ffed4a893bc19bd1d9d",
  "op_in_trx": 1,
  "timestamp": "2018-09-24T03:48:24",
  "virtual_op": true,
  "trx_in_block": 11
}

{
  "op": [
    "vote",
    {
      "voter": "wilkynson",
      "author": "proofofresearch",
      "weight": 5000,
      "permlink": "bitcoin-price-analysis-9-23-2018-potential-re-test-before-advance"
    }
  ],
  "block": 26214559,
  "trx_id": "cbe7182eae9a3f18dc528ffed4a893bc19bd1d9d",
  "op_in_trx": 0,
  "timestamp": "2018-09-24T03:48:24",
  "virtual_op": false,
  "trx_in_block": 11
}

{
  "op": [
    "effective_comment_vote",
    {
      "voter": "hijosdelhombre",
      "author": "proofofresearch",
      "weight": 260894,
      "rshares": 80852485746,
      "permlink": "bitcoin-price-analysis-9-23-2018-potential-re-test-before-advance",
      "pending_payout": "0.099 HBD",
      "total_vote_weight": 286429
    }
  ],
  "block": 26214558,
  "trx_id": "239364f4bd6a1ed9c2c0935ff3af51224fdc530b",
  "op_in_trx": 1,
  "timestamp": "2018-09-24T03:48:21",
  "virtual_op": true,
  "trx_in_block": 22
}

{
  "op": [
    "vote",
    {
      "voter": "hijosdelhombre",
      "author": "proofofresearch",
      "weight": 10000,
      "permlink": "bitcoin-price-analysis-9-23-2018-potential-re-test-before-advance"
    }
  ],
  "block": 26214558,
  "trx_id": "239364f4bd6a1ed9c2c0935ff3af51224fdc530b",
  "op_in_trx": 0,
  "timestamp": "2018-09-24T03:48:21",
  "virtual_op": false,
  "trx_in_block": 22
}

{
  "op": [
    "vote",
    {
      "voter": "hijosdelhombre",
      "author": "proofofresearch",
      "weight": 10000,
      "permlink": "analyzing-vitalik-s-crypto-scaling-comments-in-full"
    }
  ],
  "block": 26214470,
  "trx_id": "f159c2df2261ba9e175ca687158c5c025abf13f8",
  "op_in_trx": 0,
  "timestamp": "2018-09-24T03:43:57",
  "virtual_op": false,
  "trx_in_block": 16
}

{
  "op": [
    "effective_comment_vote",
    {
      "voter": "cryptomazin",
      "author": "proofofresearch",
      "weight": 25535,
      "rshares": 599771527,
      "permlink": "bitcoin-price-analysis-9-23-2018-potential-re-test-before-advance",
      "pending_payout": "0.000 HBD",
      "total_vote_weight": 25535
    }
  ],
  "block": 26198299,
  "trx_id": "fade29db082d2da4f676e6cd0bf71f85ab1deea5",
  "op_in_trx": 1,
  "timestamp": "2018-09-23T14:15:18",
  "virtual_op": true,
  "trx_in_block": 26
}

{
  "op": [
    "vote",
    {
      "voter": "cryptomazin",
      "author": "proofofresearch",
      "weight": 10000,
      "permlink": "bitcoin-price-analysis-9-23-2018-potential-re-test-before-advance"
    }
  ],
  "block": 26198299,
  "trx_id": "fade29db082d2da4f676e6cd0bf71f85ab1deea5",
  "op_in_trx": 0,
  "timestamp": "2018-09-23T14:15:18",
  "virtual_op": false,
  "trx_in_block": 26
}

{
  "op": [
    "comment",
    {
      "body": "# Bitcoin Price Analysis (9–23–2018) Potential Re-Test Before Advance\n\n![](https://cdn-images-1.medium.com/max/880/0*K39qPE_K8loTo0AP.gif)\n\nThis Bitcoin Price Analysis will feature a few revelations that were not contained in the prior versions.\n\nPlease note that this is not financial advice, nor should it be construed as such. These are merely ideas.\n\nFor more information like this, please join the Telegram [t.me/MerkleTrader](http://t.me/MerkleTrader)\n\n# Bitcoin Price Analysis\n\n![](https://cdn-images-1.medium.com/max/1100/1*Qld5v6_31QiSfE_r8kb0Bg.png)\n\n[https://www.tradingview.com/x/pjQmUeYg/](https://www.tradingview.com/x/pjQmUeYg/)\n\nFrom the first picture, it should be immediately apparent that there is a Double-Bottom Chart Pattern Formation that has formulated on Bitcoin on the 1D chart.\n\nThis is symbolized by the light blue line drawing the a ‘W’ figure through the price movement on the chart above.\n\n![](https://cdn-images-1.medium.com/max/880/0*hPzBKEggECZH25xZ.png)\n\nSource: [http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns:double_bottom_reversal](http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns:double_bottom_reversal)\n\nAs noted in the photo above, this is a reversal pattern — which means that there must have been a prior downtrend.\n\nOn the daily, this is shown to some extent via the decline in price movement from September 5th to the completion of the pattern.\n\nHowever, this can also be seen in the expeditious decline in price since May 5th to this current point as well.\n\n![](https://cdn-images-1.medium.com/max/1100/1*8Icuo5Txotaq-S7EkkOLaQ.png)\n\n[https://www.tradingview.com/x/aA7ppqvz/](https://www.tradingview.com/x/aA7ppqvz/)\n\n![](https://cdn-images-1.medium.com/max/1100/1*6fkVwlXjmKXBntNbY3zG0w.png)\n\n[https://www.tradingview.com/x/eGxz6uMf/](https://www.tradingview.com/x/eGxz6uMf/)\n\n# Estimated Price Target From the Double-Bottom Formation\n\n![](https://cdn-images-1.medium.com/max/1100/1*dw0__vDwc4_SB_phE5t47A.png)\n\n[https://www.tradingview.com/x/6QLQYcSD/](https://www.tradingview.com/x/6QLQYcSD/)\n\nThe estimated target from the chart pattern formation is approximately $6.9k.\n\nThis falls in line (to some extent) with where the overhead trendline (spanning from May 5th, 2018) is currently located.\n\n![](https://cdn-images-1.medium.com/max/1100/1*D44vlTHB5ZWExCXDgwzJZw.png)\n\n[https://www.tradingview.com/x/fyofPX03/](https://www.tradingview.com/x/fyofPX03/)\n\nAs one can see in the photo above, the trendline stemming from the price decline that started on July 28th is also telling us that $6.9k is a ‘bounce’ point.\n\n# Taking a Quick Look at Volume\n\n![](https://cdn-images-1.medium.com/max/1100/1*1wj2iH2vJvvJ3feuxHuL1A.png)\n\n[https://www.tradingview.com/x/J92pOnkX/](https://www.tradingview.com/x/J92pOnkX/)\n\nAs can be seen in the screenshot above, the volume truly isn’t doing us any favors in deciphering whether there is a general decline in the positive price volume or not.\n\nSince this is the daily, we would more than likely need to wait a few more days before being able to make a definitive assumption about the volume trend during this slight uptick period.\n\nHowever, by the time a real pattern manifests itself in the volume bars at the bottom of the chart, the future price action probably will have already played itself out. Therefore, we won’t put too much stock on waiting for more volume metrics at this point.\n\n# Possible Upside of $7.1k\n\n![](https://cdn-images-1.medium.com/max/1100/1*cuvNS1ak0C-IpMGagE4L-w.png)\n\n[https://www.tradingview.com/x/BbY2yVlN/](https://www.tradingview.com/x/BbY2yVlN/)\n\nSo, if you scroll your chart back, you should be able to draw two trendlines.\n\n1.  The first trendline should be like the one that we discussed above. That one is a **_potential trendline_**, because it has only been tested twice.\n2.  The second trendline is one spanning back to May 5th, 2018. While it isn’t displayed in the picture above, that trendline is substantially more valid because we can identify three different times (over a decent span of time), when the trendline was hit.\n\n![](https://cdn-images-1.medium.com/max/1100/1*bD5rCP4lXHHv4P-KemJ-bw.png)\n\n[https://www.tradingview.com/x/fPQPoQb2/](https://www.tradingview.com/x/fPQPoQb2/)\n\nDue to this fact, $7.1k-$7.2k **_cannot be ruled out_**.\n\nA break above both trendlines would signify major bullish price action, and further sustained gains on the price for Bitcoin is something that should be expected at that point.\n\nHowever, for now, it is more prudent to focus on the aforementioned targets of $6.9k and $7.1k as the maximum upsides.\n\n# Relative Strength Index (14) [On the Daily]\n\n![](https://cdn-images-1.medium.com/max/1100/1*i3-Bcb2qPP8x9LrkXbb_Xw.png)\n\n[https://www.tradingview.com/x/5ygRMXpM/](https://www.tradingview.com/x/5ygRMXpM/)\n\n![](https://cdn-images-1.medium.com/max/1100/1*9Ab163JNBaGIv5ghdR9tzg.png)\n\n[https://www.tradingview.com/x/iNODsJ8k/](https://www.tradingview.com/x/iNODsJ8k/)\n\nBased on the RSI(14) [Ignore the coloring; This is a custom indicator and the colors do not affect the actual wavelength of the RSI itself], we can see a noticeable ‘undercurrent’ where there have been consecutive higher lows.  \nThat’s always a bullish sign.\n\nWe can’t call it positive divergence though, because the lows on the chart have also been higher.\n\nGiven this fact, the RSI(14) is something that we should look to in order to anticipate if there will be lower lows in the price in the future. This is because, a lower low on the RSI could be accompanied by yet another higher low on the actual chart.\n\nIf this were the case, then the lower low on the RSI chart would be a strong indicator that the price action for Bitcoin was beginning to fade and that a short position/consolidation of profits should be strongly considered.\n\nHowever, at this point, neither recourse seems necessary.\n\n# Anticipating a Re-Test of $6.5k\n\nIn order to appropriately anticipate a re-test of the $6.5k point, Bitcoin must be examined on the lower time frames.\n\nThis is because this move would more than likely be something that occurs in the near-term (next few hours/day or two), and therefore, the appropriate signals notifying us that such an event is occurring probably wouldn’t show up on the daily charts.\n\nTo start off with, we’ll go ahead and check out the H4 chart.\n\n![](https://cdn-images-1.medium.com/max/1100/1*ySpIPQF_IUh08Xnra41zpw.png)\n\n[https://www.tradingview.com/x/YIxsrGGF/](https://www.tradingview.com/x/YIxsrGGF/)\n\nBased on the chart above, we can see that the RSI(14) has already hit the overbought point and appears to be continuing its path toward overbought territory after a slight drawback (which occurred due to the consolidation that you can see on the chart above).\n\nFrom what the above indicators are displaying as well as the price action, it stands to reason that there will be a brief consolidation in price coming soon. More than likely, it will be to $6.5k as we surmised earlier in the article.\n\nThis re-test is needed for the bulls to ‘recharge’ before making their final (potentially) trounce toward the $6.8k-$7.1k legion.\n\nIf not, then it should be expected that the price will continually ascend until it is eventually pushed back down.\n\nThis would make a $6.8k/$6.9k threshold a lot more plausible than $7.1k or higher, but $6.5k should be considered the first stop down in any situation.\n\n# Conclusion\n\nCurrently, the price action for Bitcoin appears to be pretty healthy.\n\nHowever:\n\n1.  If someone is specifically looking to make **_very short-term profits_**, then now is probably not the best time to place a long position. A short position could also be somewhat risky since the price will more than likely have fluctuated by the time you’re reading this portion of the article (currently, its trading at $6720).\n2.  Overall, on the daily (looking at the bigger picture), things appear to be safe for the time being. There are no major indicators that there is huge bearish sentiment that will swoop in.\n\nAs always, of course, it is prudent to watch out for any and all news that comes across the circuits. One never knows what may happen and none of us possess a crystal ball. Something fairly earth shattering would result in a major price drop or price gain that would invalidate everything stated.\n\nAs always, remain careful trading!",
      "title": "Bitcoin Price Analysis (9–23–2018) Potential Re-Test Before Advance",
      "author": "proofofresearch",
      "permlink": "bitcoin-price-analysis-9-23-2018-potential-re-test-before-advance",
      "json_metadata": "{\"tags\":[\"bitcoin\",\"crypto\",\"cryptocurrency\",\"priceanalysis\",\"technicalanalysis\"],\"image\":[\"https://cdn-images-1.medium.com/max/880/0*K39qPE_K8loTo0AP.gif\",\"https://cdn-images-1.medium.com/max/1100/1*Qld5v6_31QiSfE_r8kb0Bg.png\",\"https://cdn-images-1.medium.com/max/880/0*hPzBKEggECZH25xZ.png\",\"https://cdn-images-1.medium.com/max/1100/1*8Icuo5Txotaq-S7EkkOLaQ.png\",\"https://cdn-images-1.medium.com/max/1100/1*6fkVwlXjmKXBntNbY3zG0w.png\",\"https://cdn-images-1.medium.com/max/1100/1*dw0__vDwc4_SB_phE5t47A.png\",\"https://cdn-images-1.medium.com/max/1100/1*D44vlTHB5ZWExCXDgwzJZw.png\",\"https://cdn-images-1.medium.com/max/1100/1*1wj2iH2vJvvJ3feuxHuL1A.png\",\"https://cdn-images-1.medium.com/max/1100/1*cuvNS1ak0C-IpMGagE4L-w.png\",\"https://cdn-images-1.medium.com/max/1100/1*bD5rCP4lXHHv4P-KemJ-bw.png\",\"https://cdn-images-1.medium.com/max/1100/1*i3-Bcb2qPP8x9LrkXbb_Xw.png\",\"https://cdn-images-1.medium.com/max/1100/1*9Ab163JNBaGIv5ghdR9tzg.png\",\"https://cdn-images-1.medium.com/max/1100/1*ySpIPQF_IUh08Xnra41zpw.png\"],\"links\":[\"http://t.me/MerkleTrader\",\"https://www.tradingview.com/x/pjQmUeYg/\",\"http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns:double_bottom_reversal\",\"https://www.tradingview.com/x/aA7ppqvz/\",\"https://www.tradingview.com/x/eGxz6uMf/\",\"https://www.tradingview.com/x/6QLQYcSD/\",\"https://www.tradingview.com/x/fyofPX03/\",\"https://www.tradingview.com/x/J92pOnkX/\",\"https://www.tradingview.com/x/BbY2yVlN/\",\"https://www.tradingview.com/x/fPQPoQb2/\",\"https://www.tradingview.com/x/5ygRMXpM/\",\"https://www.tradingview.com/x/iNODsJ8k/\",\"https://www.tradingview.com/x/YIxsrGGF/\"],\"app\":\"steemit/0.1\",\"format\":\"markdown\"}",
      "parent_author": "",
      "parent_permlink": "bitcoin"
    }
  ],
  "block": 26188973,
  "trx_id": "8804b28ced6842aa7a427713f0e2e61bf7b5829d",
  "op_in_trx": 0,
  "timestamp": "2018-09-23T06:28:42",
  "virtual_op": false,
  "trx_in_block": 6
}

{
  "op": [
    "comment_payout_update",
    {
      "author": "proofofresearch",
      "permlink": "usdomg-price-analysis-don-t-get-fooled-edition"
    }
  ],
  "block": 26136977,
  "trx_id": "0000000000000000000000000000000000000000",
  "op_in_trx": 3,
  "timestamp": "2018-09-21T11:05:00",
  "virtual_op": true,
  "trx_in_block": 4294967295
}

{
  "op": [
    "comment_payout_update",
    {
      "author": "proofofresearch",
      "permlink": "bitcoin-long-term-price-theory-no-one-considered"
    }
  ],
  "block": 26135304,
  "trx_id": "0000000000000000000000000000000000000000",
  "op_in_trx": 2,
  "timestamp": "2018-09-21T09:41:06",
  "virtual_op": true,
  "trx_in_block": 4294967295
}

{
  "op": [
    "comment",
    {
      "body": "@proofofresearch",
      "title": "",
      "author": "renat",
      "permlink": "re-proofofresearch-bitcoin-price-analysis-re-test-before-move-up-20180920t062946968z",
      "json_metadata": "{\"tags\":[\"bitcoin\"],\"users\":[\"proofofresearch\"],\"app\":\"steemit/0.1\"}",
      "parent_author": "proofofresearch",
      "parent_permlink": "bitcoin-price-analysis-re-test-before-move-up"
    }
  ],
  "block": 26102695,
  "trx_id": "be63a53e4323e0ea58e8b60730f92962cc481172",
  "op_in_trx": 0,
  "timestamp": "2018-09-20T06:29:48",
  "virtual_op": false,
  "trx_in_block": 29
}

{
  "op": [
    "comment_payout_update",
    {
      "author": "proofofresearch",
      "permlink": "stellar-price-analysis"
    }
  ],
  "block": 26091557,
  "trx_id": "0000000000000000000000000000000000000000",
  "op_in_trx": 5,
  "timestamp": "2018-09-19T21:12:54",
  "virtual_op": true,
  "trx_in_block": 4294967295
}

{
  "op": [
    "effective_comment_vote",
    {
      "voter": "cryptomazin",
      "author": "proofofresearch",
      "weight": 2195,
      "rshares": 575224301,
      "permlink": "bitcoin-denial-of-service-vulnerability-found-in-the-code",
      "pending_payout": "0.011 HBD",
      "total_vote_weight": 107133
    }
  ],
  "block": 26079559,
  "trx_id": "282116dfce4cc9ac660a91da0b3d001b196a6886",
  "op_in_trx": 1,
  "timestamp": "2018-09-19T11:12:51",
  "virtual_op": true,
  "trx_in_block": 26
}