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spoonie-living · 5 years ago

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Medical, Cloth, and DIY Mask Tips

Hey folks, guess we’re doing another little masterpost! This one is for mask tips and tricks.

We’ll update as we run into things or as readers share them, so pop on back to the original post to see what’s new :)

For Starters: How to Use a Cloth Mask

Check out this instructional video, which includes how to put them on and take them off. This can help even if you are using a non-standard type of mask, just so you know what the standards are.

Here’s a second instructional video on how to use masks, in case you wanted to see multiple takes.

DIY Tricks

General resources

Masks For COVID-19 forum post - several DIY options plus additional info.

A couple links that were suggested in this post from @howilearnedtocope (sorry, we can’t possibly do video descriptions for all of these):

DIY facemask with filter pocket from Maker’s Habitat (video)

Facemask with adjustable wire and filter pocket from Easy2Sew (video)

Craft Passion Face Mask Pattern (pattern & instructions)

A Dr Explains how to make a facemask from a HEPA filter (video)

Experts devise do-it-yourself face masks to help people battle coronavirus (video)

No-sew masks

This no-sew mask video tutorial uses a piece of square fabric and hair ties; might be a little fragile. Fold the fabric into a long and thin band about three times the width you’d want the final mask to be. Put hair ties at the 1/3 and 2/3 marks, then fold the ends over and tuck them into each other. Pick up by the hair ties and put on as usual. We’re guessing this will work best with a well-place safety pin or two.

A no-sew mask made only of a cut up t-shirt (skip to 5:15). Cut across the chest from armpit to armpit; cut across the shoulders so the line rests just below the bottom of the collar. You should have a long rectangle that comprises the chest and sleeves of the shirt. Now, cut a triangle into the sleeve sections so each sleeve is split into two ties. The bottom of the triangle would be dead center and about 1/3 the sleeve height, with the point at the seam between sleeve and chest. Place mask on face, tying the top ties first at the base of your skull and the bottom ties second, pulling them up higher and putting them at the back of your head. This will twist the fabric around your jaw to improve the fit.

How to Make a Face Mask in 20 Seconds with a T-Shirt - put a long-sleeved shirt on your shoulders with head through collar and collar pulled up over your nose. Use sleeves to tie behind your head/neck to tighten the fit.

Mask materials

If you’re not sure what to use for your mask, consider this infographic:

[Chart: Household Materials’ Effectiveness Against 0.02-Micron Particles. Surgical mask: 89%; vacuum cleaner bag: 86% dish towel: 73%; cotton blend: 70%; antimicrobial pillowcase: 68%; linen: 62%; pillowcase: 57%; silk: 54%; 100% cotton t-shirt: 51%; scarf: 49%]

This chart comes from Smart Air Filters and seems decently well-sourced. Click through for further mask material analysis, such as whether it helps to double fabric over (looks like only for dish towels) and how breathable each option. Their best and most balanced pick is pillowcases of 100% cotton tees.

The study the above chart is based on can be found here: Testing the Efficacy of Homemade Masks: Would They Protect in an Influenza Pandemic? (Davies, et. al., 2013)

Earloop materials for homemade masks

Since elastic is selling out all over, here are some other ideas to try:

Circles cut from sock legs

Elastic loops from those loop weaving kits kids use to make potholders

Elastic cut out of old clothes or fitted sheets

Shoelaces for tie-backs

Hand-crocheted strings for tie-backs

With a little imagination…

Anything can serve as a mask! Entertain yourself and get some tips by watching this man quite effectively repurpose a jockstrap as a mask.

Troubleshooting & Making Masks Suck Less

The ear loops hurt your ears

If you have long hair and the ear loops are long enough (or you can make them long enough), try looping them around a bun in the back of your head! May also work to do a bun on either side, behind your ears, but we don’t have any field testing on that.

Try the kind of mask with loose strings from each corner, that you tie behind your head.

Make or buy bands with buttons at either end, then attach the ear loops to either button instead of your ears. The band goes around the back of your head. This video by Emily Rinke walks you through how to crochet one of these for yourself; the pattern is written in the video description. Emily also has a Facebook post where you can connect with folks making these, if you need some and can’t do it yourself.

[Image: Emily, a person with dyed red hair and a low ponytail, demonstrating how these bands are used, plus pictures of crocheted bands of different colors. Source: Emily Rinke]

Sew buttons on a headband so they’re just above your ears, and attach your mask there.

[Image: a medical professional with light skin and curly dark hair swept back by a cloth headband. They are demonstrating the button-on-headband method.]

You’ve got a beard

Try putting a t-shirt over your head and resting the collar over your nose and ears. The rest of the shirt falls over your shoulders for coverage.

[Image: A woman with gray hair with a pink t-shirt over her face as described above.]

Thanks to friend of the blog Hawthorn Wright for getting this on our radar! Hawthorn is a fantastic sci-fi writer, so maybe check out her Proxima Alliance series on Amazon to help you through this boring-ass quarantine 😉

Your glasses fog up

Using a mask with a wire that forms it around the bridge of your nose is a big help, so make or buy with that in mind.

Covering the nose wire with a flannel casing on the underside of the mask helps too, as the flannel more readily absorbs the moisture. Full information on putting flannel around the nose wire in this Twitter thread, and thank you to @ark-shifter for this one.

@juliainfinland pointed out that if you wear your glasses so that they hold the mask against your nose and face, there’s less room for the air to escape. Your mileage may vary based on face mask and glasses size/style.

#spoonie #chronic pain #coronavirus #covid-19 #disability

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knitbabywear · 3 years ago

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ENTERLAC JACKET PATTERN "LILAC BLOSSOM" 💜

In the today post I want to remember you this enterlac jacket pattern "Lilac blossom". Due to enterlac part I wouldn't recommend it for beginners, but if you're an advanced knitter and you like to try new knitting methods it's the best choice! 👍 Find it in my shops on:

Ravelry: https://buff.ly/35XrXQM

LoveCrafts: https://buff.ly/2StpeMw

NOTE: Jacket is worked both flat and in the round in one piece. Knitting starts from enterlac pattern which is made separately; top and down parts are made bottom-up and top-down respectively in stockinette stitch; yoke is realized in raglan. Jacket is decorated with seed stitch pattern and colored lines, has a hood and can be joined with buttons. To make this pattern easier to follow the sizing instructions are color-coded

Realizing this model you’ll learn how to:⠀

✔ knit a seamless jacket for a newborn;

✔ knit in enterlac knitting technique;

✔ work raglan bottom-up in round;

✔ make a provisional cast on with crochet;

✔ work in short row technique;

✔ join stitches with tapestry needle. ⠀

PATTERN INCLUDES:⠀

➡️ written pattern (row by row, stitch by stitch);⠀

➡️ model chart;⠀

➡️ 4 video tutorials about enterlac knitting and 2 videos about other knitting techniques;⠀

➡️ photo tutorials;

➡️ baby measurement table;

➡️interesting information about knitting and a surprise for all customers ⠀

AVAILABLE SIZES: 3, 6 and 12 months.

YARN: Lana Grossa Cotone (100% cotton; 125 m/136 yds per 50g skein) or similar cotton yarn. 1 skein of yarn A: lilac color (n. 7) 3-5 skeins of yarn B: multi-color (n. 336)

NEEDLES AND ACCESSORIES:

• 3.5 mm (UK/US 4.0) circular needles (60 cm length);

• set of 3.5 mm (UK/US 4.0) double-pointed needles;

• 8 stitch markers;

• 2 pieces of additional yarn (30 cm length) for sleeves;

• 7 buttons (12 mm diameter);

• 3.0 mm crochet;

• 2 stitch holders;

• tapestry needle.

LANGUAGE: English ⠀

FILE FORMAT: PDF ⠀

KNITTING LEVEL: Medium/Advanced (knowledge of knit and purl stitches, YO, K2tog; P2tog, wrapped stitches).

PRICE: 10.98€ (including all fees and taxes).

To buy it visit my shops:

Ravelry: https://buff.ly/35XrXQM

LoveCrafts: https://buff.ly/2StpeMw

#babyknitting #babyjacket #cottonjacket #knittingdesign #lilacjacket #handknitting #knittingdesigner

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laughawayeternity · 4 years ago

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options trading research Louisiana If the market were to behave in the same way every day, then trading would be child's play.

Table of Contents

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Nor would you buy an option with less that 30 days till expiration as time decay would erode the value of option so quickly that even if the option's underlying stock movement moved favorably to you the time decay would prevent you from realizing a gain in the option itself. The third thing to profitable option trading is understanding the relation of volatility between the market, the underlying stock that underlies the stock option, and the effect is has on the value of the option itself. When the general stock market as an index goes through periods of volatility or low trading ranges the stocks that make up the market tend to follow overall trend and also begin to experience periods of low overall volatility which in turn can cause derivative like stock options to become cheap or low premiums. But if the market's volatility rises it is likely that individual stocks will follow the trend causing stock option premiums to increase in value given that the market moves in the trader's favor. The next key in how to trade stock options successfully is having a stock option trading method that takes these key factors into consideration while giving clear entry signals, clear exit signals, a defined system of trade management, and a profit factor greater than your average loss over a series of trades. Knowing the ins and outs of various trade setups is useless if you don't have a trading methodology that guides you in every step of the trade process. A solid trading method holds you by the hand and defines each step while leading you to being a consistent winner in the markets and a profitable trader when all is said and done. Finally, the fifth and final key to successfully trading stock options is yourself, particularly your trading psychology. Human beings and there mental makeup are extremely complex so it is extremely important that stock option traders not only have a sound stock option trading methodology but the discipline to follow their trading methods. You can give two people the same exact winning trading system but it is very common for them to have different results. Invariably, the one that has the ability to remain as detached from his losing trades as well as his winning trades while maintaining the discipline to follow the system's rules no matter the trading result will emerge the greatest winner in the end. Using these five keys as a basis to develop your stock option trading methodology can help you avoid the mistakes and pitfalls of many beginning option traders. By understanding time decay, factoring an option's time into your trading method, how volatility impacts a stock option's value, what defines a reliable stock option trading methodology, and your own trading psychology you now have a foundation to develop into a winning stock option trader. Finding Or Creating Your Own Options Trading System That WorksStock Options are wonderful! This clever derivative of the equities market has to be one of the most ingenious inventions of modern times. For the trader who can learn how to win at trading options there are many luxuries in life that can be experienced. Success in options trading requires a consistent approach for long-term success.

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commandershepardvasfuckit · 8 years ago

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The Knitting and Crochet Post

Alright, so I’ve been posting a lot of my nerdy knitting and crochet lately and several followers have been curious about getting into knitting and crochet so here my own little master post about how to get started! Now this is just a very basic post just to help you get started, but all the sites I've used are great resources where you can learn everything else you need!

(List of resources at bottom!)

The beginning

So first things first, needles and hooks. Most craft store are going to carry 3 types: wood, plastic, and metal, as to what is best it’s going to be all personal preference. The first pair of needles I ever bought were wood so I just kept buying different sizes from the same brand (Clover). Some people swear by their needle/hook material, but really it’s just about what you get used to so just get whatever you feel like for now.

Knitting needles come in different sizes (they’ll have a number and a size in millimeters on them), crochet hooks have a letter and a size in millimeters.

Bigger is better to start (to a point). For knitting starting with something from 8 to 12 is probably best because it’ll be easier to see what you’re doing with bigger needles. Crochet hooks usually come in beginner packs with sizes f, g, h, i, j, and k, start with i, j, or, k.

There are also straight needles (exactly what you’d picture when someone says knitting needles), double pointed needles (pointy on both ends, used for making tube shaped things like socks, mittens, etc), and circular needles (like double pointed, but with a cord connecting them, great for tube things and blankets).

Yarn comes in standard weights too, you’ll see things like worsted or medium, but on the back of a skein of yarn you’ll see a picture of a yarn ball with a number printed on it (1 to 6+) along with what size hook/needle that particular manufacturer recommends for it. For now just buy a yarn in category 4, 5, or 6 and whatever size hook/needle they recommend.

Starting to knit

So you got some yarn and needles, now what?

Now you cast on your first row. Newstitchaday has a nice video here but it’s a little long and he does have a habit of over explaining, though it is the easiest way to cast on.

There’s a lot of ways to cast on

Here’s a guide with pictures for the basic cast on and it also explains the two basic stitches (knit and purl)

Here’s a video of how to knit the first row after casting on (with knit stitches)

Here’s the same thing but with purls

This shows how to bind off/cast off your work when you’re done

You can make a lot of things with just knowing how to cast on, knit, purl, and cast off. Yarnspirations.com has a lot of good free patterns and you can search by a lot of different factors. Here’s 203 free beginner patterns from them.

Ravelry is also a great site for finding patterns.

Knitting in the round is pretty simple too and you can start to make easy socks and what not pretty quickly.

How to knit in the round with double pointed needles

How to knit in the round with circular needles

How to do the invisible join in the round

You can do the basic cast on and off the exact same way as on straight needles.

Increases and decreases

Sometimes you need to add more stitches or take away stitches in a work to shape it or create gaps in it. Here’s the most basic ways to do that.

Basic increase (yarn over/YO)

Knit front back increase (KFB)

Knit 2 together

Don’t be afraid of patterns with other stitches! Knits, purls, YOs, KFBs, and K2togs are just the beginning! Newstitchaday and Craftyarncouncil both have great tutorials for literally everything.

Crochet basics

So many people start with crochet before knitting, supposedly it’s easier than knitting but I learned to knit first and I think they’re the same difficulty and its ll about what you get used to.

One of the main differences between the two is that in knitting you have an entire row of open stitches just on your needle vs in crochet each time you make a stitch (called a crochet) it’s a complete and closed stitch, ergo there’s not need to bind off.

Casting on is (predictably) very different, it’s called chaining (ch) in crochet and here’s how to do it (also used to make cords/ropes in a pattern)

Slip stitch (ss)

How to do a single crochet (sc)

Half double crochet (hdc)

Double crochet (dc)

Treble (tr)

Double Treble (dtr)

Treble vs double treble vs triple treble, what’s the difference? Mostly semantics, in the US we call it a treble (or triple), though in the UK it’s usually called a double treble. Make sure you always know if your pattern is in US or UK terms! Here’s handy chart of conversions (stitches I listed above are all in US terms)

Crochet in the Round

Crochet in the round can be used to make plushies, rugs, and a million other things and it’s just as easy as doing rows!

How to crochet in the round

There’s a million things I haven’t touched on, but all the sites used above have tutorials for everything. This is just a quick guide on how to start and some basic techniques to get you going.

Feel free to message me about anything and I can see if I can help with questions!

Resources

newstitchaday (how to’s)

lionbrand (how to’s and patterns)

craftyarncouncil (how to’s and patterns)

yarnspirations (patterns)

annie’s catalogue (how to’s and patterns)

ravelry (patterns)

#knitting #crochet #how to

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feikoi · 4 years ago

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The test run was done in miniature because not only was this my first time with actual colorworking but I also had to teach myself doubleknitting. I used super cheap leftover yarn which unfortunately turned out to be different weights, contributing to the yellow wrapping around one edge slightly.

(We don't talk about the other edge. It is a messy, poorly-tensioned eyesore.)

But whatever. Practice piece. It's fine! (It's fine.)

Anyway, next up is the "do as I say, not as I do" pattern for a Commander Cody teddy bear scarf! Mix and match the motifs as you like: I'm indecisive af but hopefully they will be useful to someone.

--------------------------------------

Let's knit!

Required Skills:

Invisible double knitting cast-on: it feels incredibly similar to the long-tail cast-on.

Double knitting: can you do a 1x1 rib and hold two strands at once? you're probably good.

Kitchener stitch to bind off.

Knowing how to read a stitch chart helps, but we're using it purely for the colors. And knitting flat is for the fucking birds, but that's also a requirement for this. Alas.

Required Materials:

Color A: One ball of white yarn, aran/worsted weight is fine.

Color B: One ball of warm yellow (goldenrod, orange-leaning, whatever floats your Venator) yarn, same type and weight. (Don't be like me, use the exact same weight!)

Knitting needles of smaller-than-recommended size, circular or straight. (I used 3.75mm circulars because. I don't think I own any small straight needles? Huh.)

Two double pointed needles or two circular needles in vaguely similar sizes, for binding off.

A blunt tapestry needle, also for binding off.

Directions:

1. Cast on 13 stitches of each color, using the invisible doubleknitting cast-on method.

2. Set up (rows 1-2)! This is covered in the linked tutorial, with one change: In Row 2 ONLY, all knit stitches should be knit through the back loop. This is to compensate for the twist direction of the cast-on method.

3. Choose your end motif, A or B, and follow the chart directions from the bottom up. Since this scarf is reversible, the alternating rows will have the inverse (the gold "wrong" side, but can it really be wrong? Nope!) facing you.

4. No color working, just plain double knitting for the next 48 rows.

5. If your brain is melting from boredom, it's central motif time! If you like the fic version, continue plain double knitting for 36 rows.

6. It's back! 48 rows of plain double knitting.

7. End motif again, this time knitting the chart from top to bottom.

8. Kitchener stitch bind off. **HOWEVER FOR CLARITY'S SAKE, if you're depending on a tutorial like me, you're gonna take the tapestry needle around the right side under the knitting needle points every time you switch from back to front and vice versa. no tutorial indicated this movement and I had to redo stitches an embarrassing number of times.

9. IT'S THE END DOOT-DOO DOO-DOOT-DOO-DOOT

(unless you wanna add fringe, which is totally valid)

Which end motif do you prefer? I'm also open to suggested changes, as the human-sized pattern will require modifications regardless.

I considered other central motif designs like ニ一ニ or 212 in Aurebesh, but they weren't quite balancing in such a narrow space. Aurebesh numbers, in particular, seem to be on a 10x10 grid? Suggestions/chart requests welcome! ^^

Commander Cody Teddy Bear Scarf

Inspired by @jessepinwheel's Star Wars fic, Dielectric Breakdown.

There is a gift waiting for Cody when he visits the Archives to do some work a few days later. It is a double knit scarf in 212th colors--gold-on-white on one side, white-on-gold on the other. It is a wide scarf with a stylized sunburst pattern at both ends, which looks shockingly similar to the pattern he had once painted on his armor.

Modeled by Butters!

(knitting pattern to follow)

#star wars #commander cody #knitting #knitting pattern #tutorial #scarf #my projects #double knitting

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scottmapess · 5 years ago

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BITCOIN MINERS HIT with MAJOR BLOW Pre-Halving!! This NEWS Changes EVERYTHING!!

VIDEO TRANSCRIPT

What’s going on, guys? It’s K-Dub here with another episode of Crypto Zombie. Welcome back to the Channel. Hope you’re having a great start to your week, although let’s be honest, every day pretty much just sort of blends and melts into the next day. There’s really no difference between weekends and weekdays. It’s quarantine. Hope you’re doing all right. That being said, let’s have a look at what is going on in the price. Now, we did actually have Bitcoin have a little bit of an interesting weekend where we got all the way up to basically almost seven thousand two hundred dollars. And then we fell even lower than we were yesterday. Now, what is going on right now? Well, I do want to talk about the fact that we actually have seen the previous support turn into resistance. So short term, this isn’t really looking too great. You are having a lot of bitcoin bears coming out saying we’re going to go lower. We’re going to go down to three thousand eight hundred three thousand five hundred. Well, I do want to get into all that today. One of the biggest complaints that you’re hearing out there is pretty much essentially that Bitcoin is just too correlated with the S&P. You could see this is the Bitcoin chart and this is the S&P 500. And if I go back and forth between them really quick, they do tend to look a little bit similar. Right. I’m going to talk about that. I’ll give you my opinion on that moving forward. I also want to talk about Ray Dalio. You may be familiar with him. He’s pretty much expecting a new world order for pretty much the world. And we’re going to talk about whether or not Bitcoin actually plays a role in that. I want to talk about one major problem for the Bitcoin miners. Now, this is something that not a lot of people are talking about. This isn’t the having this is in difficulty adjustment. This is an expensive mining fees. This is something very different, very new. And it could get out of hand relatively quickly. So I want to discuss that as well as obviously I do have some positives as well. At the end, we do want to talk about some Bitcoin adoption and how there’s still companies building in the background to basically make this crypto experience so much easier for newcomers. So lots to go over today. We didn’t make a video yesterday, so we’re going to make up for it double today. If that sounds good to you, you know what to do if you’re not subscribed. What do consider it? And without further ado, we’re hopping directly into the charts. Now, the one thing I want to point out is if we do put on this trend over here on the Bitstamp chart, if we actually look at just the solid parts of the candles, not the Wickes, you actually do notice that we are still being supported. Right. We actually whipped down to this line and we did pull back up. So this is actually good. This shows us that we’re still putting in higher lows and higher low. So essentially, we are still trending upwards. Right. However, a lot of people are comparing this to the S&P, for example. You actually have Larry sirnak over here. And he says everyone who’s longing bitcoin here is effectively along the S&P 500. There is some small divergence, but the correlation is undeniable. And no where close to going away, Bitcoin was even trading sideways over the weekend because it didn’t know what to do. Now, before we get into the rest of the chart analysis, I will give my opinion on this. And actually, while it does appear that Bitcoin is sort of essentially following it, if you actually look at the overall movements and the dates, if I just get all of this out of here, for example, you could see that Bitcoin had its biggest plummet right here on March 12th. And then we started a bit of the recovery. But if you actually look over here, you can have a look and see that the S&P had its lowest on March 23rd. So the question is, is Bitcoin following the S&P or is the S&P following Bitcoin? I. I beg to differ. Maybe it’s the other way around. Maybe it’s not. But what I am trying to say is, even if you look at the gains, for example, from bottom to top, you know, going down to basically this Wyk to the top right here, you notice that the S&P has had about a 25 percent recovery or actually if we move over to bitcoin from the bottom to the top of the Wyk right now, Bitcoin has actually had almost a 75 percent recovery. So while they are moving somewhat similarity, I would argue that Bitcoin is still somewhat uncorrelated granted. Yes, the situation is quite severe. I mean, we have seen the Dow’s best week since 1938 being, you know, basically promoted. At the same time, more than 16 million Americans have lost their job in three weeks. You could see 6.6 million in the week of ending April 4th. So this is not something to be celebrating, so. OK, great. The Dow had a good week, but we have all of this unemployment. So something is definitely wrong here. And we are going to get into this a little bit later in the video. Let me just finish with the chart super quick and then we’ll get to this so you can see that we have fallen below the previous support of this ascending flag, bear, flag, whatever you want to call it. So when you do have previous support, you know, we were bounced here, right? We bounced here, here, here. But then we fell below. And now that is acting as the resistance. That is not necessarily good for Bitcoin short term. But actually, if we have a look. If you look at the 50 moving average on the daily, it does appear that this is actually playing a very significant role in the bitcoin price, at least short. Term, if you could see right here, every single time we hit the 50 moving average, we got rejected, rejected, rejected. We even had a little bit of a wick up here yesterday and we got rejected again. Now, if I go back over here, you do notice that right before we had the crazy plummet right on March 7th, when we started to basically go into our multi-day descent, that was sort of the last line of defense where the bears were pushing down and that was the 50 moving average. So short term, I think that Bitcoin needs to get above this 50 day, which is currently sitting around the seven thousand two hundred dollar level. So if we can get above the $7200 level on the chart right here, stay above it, put in a nice solid daily close, then I think that would be a lot better for Bitcoin. And then we can head back up to my seven thousand eight hundred dollar level that I’ve been talking about for quite some time now. Have I gone bearish? No. As long as bitcoin can maintain within this green triangle, which I’m not gonna go into how we came up with this. We went into this weeks ago on the channel. But essentially, you know, I think Bitcoin, even if we were to fall all the way down to like the five thousand four hundred dollar level would still actually be pretty bullish for Bitcoin. Now, granted, you do sort of want it to maintain above the 200 weakly moving average, which I guess you could say that’s sitting at around the five thousand six hundred dollar level. So five thousand five hundred five thousand six hundred, give or take. But really, I would still be bullish. We would still be in an uptrend on the macro. Right. If you zoom out, that’s still good. However, we are noticing, for example, we have seen sorrow over here saying that he’s looking at a potential head and shoulders pattern. Now, we know that head and shoulders patterns usually mean that the trend is reversing. So an inverse would be going up, a regular going down. So he’s got some of these targets and having a look right here. You know, if you do have the shoulder, the head, the shoulder right here, then you could be looking to potentially come down maybe all the way to the five thousand eight hundred dollar level where we were putting in some previous support back here at the end of March. Okay. Also, I wanted to just one quick mention about the seemy futures. Not going to talk about a gap today specifically, but I do want to talk about the fact that we are being supported right here by the V.P. v.r. You can see right behind my head right here. And this is essentially the most accumulated level for Bitcoin on the CMU futures. This is a level of super high interest for Bitcoin. So I do anticipate there to be a little bit of a struggle around this level. I’m not going to go full bare just yet. You know, we could actually potentially have this sort of maybe double bottom out around the four thousand five hundred before having our blast off. Now, I’m not sure if we’re gonna go back down to the three thousand eight hundred dollar level. I’m just saying it’s a potential possibility. But that being said, if we do go down to some of these lower levels, I personally think it would be an amazing opportunity to accumulate bitcoin before the major blast off. If you do think Bitcoin is going to go to the moon, if you think that bitcoin is a piece of crap and it’s going to zero, well, you could always short it right over on something like by bit. If you’re interested in learning how to short bitcoin and make money, you can check out my tutorial above. I do have a link below obviously when you use it. It does support the channel. But guys, you do know that on the crypto zombie channel we are hollars of last resort. We do believe in bitcoin. If you don’t believe in bitcoin not to share while you’re watching this channel, maybe you’re just interested. I don’t know. But I do have to point out what Robert Kiyosaki has said. And recently he’s become a very big Bitcoin proponent. He’s been all over Twitter lately. And you can see he asks the question, is the Fed broke? Now, before you jump in, let’s hear what he has to say. He says, Hidden in the recent 2.2 trillion Congress rescue bill was buried, a $425 forgien $25 billion for the Fed. He says the Fed has been bailing out the world since 2008. But the question is, who bails out the Fed? Well, now we know we are. Why are the Fed and Treasury hiding this from us? Buy more gold and silver and bitcoin screwed. Now, let’s be honest, he does say that. Come on. The Fed can’t actually go broke, but he does add that it could lose the public’s trust or the population’s trust all around. The Fed cannot go broke in theory, but we can lose confidence, he says, when he talks about the four hundred twenty five billion that the U.S. gave the Fed secretly, he says that could expand to 4.5 trillion of fake dollars into the economy for over 9 trillion from fake Fed dollars. And when confidence goes game over, the IMF steps in and when the IMF steps in. Essentially, he says that IMF stands for I am literally asked if you know what he’s saying. If you get if you catch the drift right now. Here’s an interesting thing before we get into the big story of the day about something that could be quite detrimental for the miners. I want to talk about months ago when the stock market was actually setting all time highs. We did have Ray Dalio. Now he’s co-head of the world’s largest hedge fund. He came out with a bunch of sort of posts. Right. And they were a little bit shocking. The most popular one was called The World Has Gone Mad and the system is broken. You may have remembered that. OK. Now, interestingly enough, for things that he had predicted have actually come true, being number one, the Federal Reserve dropped its policy interest rate to zero percent. Number two, the deficits of government have skyrocketed, especially in the U.S.. Number three, sound finance has gone out the window as central banks have printed billions and trillions of dollars. And most notably, number four, there’s been a lot of controversy about the extent of the corporate bailouts, which many say is way too big compared to the measly twelve hundred dollar check that will eventually get. I guess some people that have direct deposits, it’s already showing up for the rest of us. We may have to wait up to five months. Now he is expecting a new world order. OK, and he came out and talked about this on a recent TED talk. So basically, could Bitcoin be the answer? Well, Raul Powell, he’s a former Goldman Sachs executive, by the way. He basically responded to the overall recent crisis in the global markets. And to quote him, he said, many of you don’t know it. You’re still debating whether Bitcoin is real or not. But there’s literally hundreds of thousands of people and billions of dollars of capital racing to build a new system, whether it’s a payment mechanism, storage mechanism, custody mechanism, a verification mechanism. It is all coming. And we’re going to get into some pretty good Bitcoin adoption news a little bit later. But here is the kicker. Here’s the big problem now. We know that crypto miners have to deal with the having. Right. That’s coming up. If the bitcoin having comes around and the price doesn’t go up. Well, they’re not going to be making enough money. We also have a lot of these newer, you know, ant miners coming out. They’re very expensive. Plus electricity costs. Well, if that wasn’t enough. Now, check this out. Crypto miners in Washington state have to pay what is referred to as evolving industry rates. Now, this goes back to twenty seventeen, OK? Basically, they claim that during the summer of that year, there was a huge influx of power request. Obviously, twenty seventeen was a pretty big month for cryptocurrencies. And this was they said that they were basically having requests from crypto miners to basically use their dirt cheap energy rates. Now, just to put this into perspective, requests from cryptocurrency miners in twenty seventeen totaled one thousand five hundred megawatts of new load, which is more than twice the district’s average load of six hundred million. This is Grant County, by the way. So to access how to assess how to cope with this surges, they basically put in what was known as an evolving industry class. They created a class essentially, and they put the miners in it. So if you fall into this category, essentially, you show high signs of risk regarding regulatory changes, business operations, sustainability and their reliance on large amounts of power over sporadic intervals. So this has led to an increase rate established for crypto miners under this evolving industry’s classification. So not only do the miners have to deal with energy costs as well as buying equipment to compete with each other. You know, a lot of these new miners are quite expensive. They also have to deal with the fact that they’re having is coming up. And they do need those prices to be high enough to maintain profitability. And now they have to deal with an evolving industries classification. Now, I know what you’re saying. Well, this is only in Washington. What’s the big deal? Well, it’s only in Washington now. What if the other states to adopt a start to adopt it? What if it starts to get adopted globally? And now we have everyone around the world basically having this evolving industry’s classification where they’re charging extra money for miners. And now miners have this extra cost on top of everything else. It could be detrimental and it could cause a major unforeseen setback. Right now, we do know that the bitcoin, you know, protocol is designed to have a difficulty adjustment. So it will factor this in over time as miners that cannot afford to basically mine, they will drop out and then it will become more profitable for the miners that stay in. I do anticipate it having a bit of probably thrown a wrench in the gear. Let’s just say that now talking about recently, some people are saying that while the Bitcoin cash having was a flop, it’s probably going to be the same for Bitcoin. You can see just two days after the Bitcoin having mining event, it wasn’t profitable. And actually some of the miners that were mining Bitcoin cash moved to bitcoin, which is great. But if it doesn’t work out for bitcoin, then where do they go? Right. Well, basically, if we have a look over here in case you weren’t paying attention, Bitcoin’s Bitcoin cash is having took place last week and there was a small bump in the price. But essentially those gains have been wiped away. And here’s the big kicker. Since April 6th, the hash rate has fallen 55 percent, basically to the same levels that we had around April of twenty nineteen. So the having seems to have intensified selling pressure from the miners. Some analysts fear that this is basically what’s going to be happening to the Bitcoin having, which is coming up in just a month. Now, according to a. Diction from Morgan Creek. They actually think that Bitcoin is going to go lower over the next month, leading into the having causing lower bitcoin prices. And we did talk about the conspiracy. Not really a conspiracy. It’s a more of a just a theory. But we could see the miners putting some selling pressure on the markets because they want to accumulate more bitcoin leading in to the having right now. If we come over here, our good old buddy, Matty Greenspan, he says that having a bitcoin is fundamentally different than that of Bitcoin cash in that bitcoin itself is the embodiment of digital scarcity, whereas Bitcoin cash represents free money created on the back of Bitcoin. So he says he views these two events as diametrically different from a token OMICS perspective. And a lot of people do say that, well, can’t you just keep forking Bitcoin and forking Bitcoin and forking Bitcoin? It’s like, well, you can, but you can also 51 percent attack bitcoin cash. I think it’s somewhere between $7000 and $12000, whereas it costs over half a million things like five hundred and eighty thousand dollars per hour to attack the Bitcoin network. So it kind of can’t compare the two, right? One is clearly more secure than the other. I’m not getting into fundamentals right now, but I think you can see that even though Bitcoin did have its crazy drop off right here around March 20th, it has literally been going up and up ever since. I mean, you could see we are actually literally we’re starting to curve. But for the most part, we’ve had a very nice recovery for the bitcoin hash rate. Right. So I do want you to basically let me know what you think about that moving forward. What I don’t know why I have this in the back. I was just really weird. It was like a error from coindesk. Look kind of cool. Anyway, let me know what you think about this moving forward. Do you think that this is gonna be a problem with the having? Do you think it’s going to act similar to how the bitcoin cash having, you know, was basically a flop? Personally, I could see prices going lower leading into it and I could see prices going sideways after it. Keep in mind that if we actually have a look at the previous havingthe they didn’t blast off directly to the moon. They actually had some redistribution. Rio cumulation, whatever you want to call it before then starting to take off. Now, for example, with Morgan Creek, they are still looking for a new all time high at the end of this year, but maybe not until September October. Of course, this does depend on what is happening with the economy, right? We have people still out of jobs. They need to pay bills. You’re going to see a lot more panic selling still happening moving forward. Now, I told you guys, I don’t want to just only talk about bad news. I do have some good news. In fact, if we come over here and have a look at this Forbes article, you guys might be familiar with it. They are a peer to peer exchange, something like local bitcoins, but they’re actually trying to do something way cooler than local big and local. Bitcoin’s actually been having a lot of problems lately. But basically they’re looking to expand by launching what they’re calling essentially a sky scanner for Bitcoin. So using a A.I., the platform is going to compare the best prices for bitcoin, aggregating the data pretty much like the Skyscanner does if you’re looking for flights. Not too sure who’s flying right now. But anyway, ineffect, crypto traders can save money by finding better deals. But that’s not even the biggest news. So recently they have partnered with Coinbase. I’m sure a lot of you out there use them and they’re using them essentially for the provision of a wallet and custodial services. But here’s the thing. If we actually look in the near future, they’re looking to integrate what they call an Two-Bit Pass, which is a digital I.D. that’s going to basically unify the know your customer procedure. KYC know that’s one of the biggest problems in cryptos. All of these different exchanges because they’re trying to have compliance. Right. You have to basically enter your information. And this is all done manually. This is a person in the back looking at your I.D., looking at your passport. And sometimes this verification process takes forever. In fact, to be honest, when I was trading a lot of old coins. I remember a new old coin would get listed on an exchange and I would want to hop over there. But the verification process would take multiple days and by the time I was able to get into trade, too late. Right. So you could see, according to essentially over here, the ADR, he says many of the users reached out to us with difficulties about going through the KYC process. So basically, they’re going to be using these military grade sort of like, you know, facial recognition and stuff like that. And these innovations are going to cut down the time required by the users in digital submissions as well as improve the accuracy. And these are like those ones where, you know, how you see people faking out, basically, like you can take a picture of somebody and then use that for a facial recognition. No, they’re actually going to need movement and depth. So this is pretty cool. Now, currently, I am going to admit that they don’t have a Fiat withdrawal option, but they are looking to integrate it into the future. But what they’re trying to do is become the merchant gateway to crypto exchanges. And actually, the chairman of Lubert says the data showed that the number one reason why most people do not even get involved is because of the complexity. My dad still doesn’t have a coin base account. I’m pretty ashamed to admit that, but, you know, he doesn’t want to go to the bank, you know, get his friends even use online banking and then set it up, you know, do the deposit check to see the difference, they deposit like 73 cents and all that. But currently you can see they’re also looking to do a crypto card for liquidating crypto assets, P2P atomic swaps, a fiat wallet. And yeah, I mean, they’re basically looking to also add altcoins into the system as well. Also, in other random news before we go, I just wanted to put this in the video. So apparently the Light Coin Foundation has acted as an executive producer for the heavy metal horror flick. We summon the darkness. Now, I heard it was just one person. This article says it’s the foundation as a whole. But regardless, like Coin is somehow involved in this heavy metal horror movie. Now, here’s the interesting thing. It actually stars ALEXANDRA daddario, Amy for Sife and Johnny Knoxville. Funny enough, I was actually watching the old some of the old Jackass movies there on TV. I was really cracking up. But yes, apparently Johnny Knoxville is in this movie as well, like KOIN is involved in it. Not sure really how much or the validity of that, but I just thought that was interesting. And apparently I did check it out. And we summon the darkness is available to rent or purchase right now digitally. So check it out. Let me know if you saw it. I’m not guaranteeing that it’s going to be good because Litecoin was involved. Looks like kind of a B rate horror film, but just wanted to kind of throw that in there for some fun at the end of the video. And essentially, that is it for me today, guys. So thank you so much again for coming back to the channel. You guys do rock. You are the reason that I try to make videos as friendly as possible. I do appreciate all of your support in this crazy time, and that is why I continue to be here for you as well. Because let’s be honest, this quarantine is getting kind of boring. Actually, did anybody see did you see Saturday Night Live? Anybody that was so weird, they were like doing it from their homes. The news from their houses. You have late night TV shows from home. It’s just totally like a twilight zone is actually what it feels like. But yeah. Anyway, let me know how you’re doing. Hope you’re doing well out there. Stay safe. Be well, of course. Definitely get subscribed. If you have enjoyed the Free Cryptocurrency Telegram Group, if you want to talk to a bunch of other like minded individuals about bitcoin and cryptocurrency. That’s it for me today, guys. Definitely consider getting subscribed. My name is K-Dub. This is Crypto Zombie. Until next time, stay crypto and of course, peace out.

source https://www.cryptosharks.net/bitcoin-miners-hit-major-blow-pre-halving/ source https://cryptosharks1.blogspot.com/2020/04/bitcoin-miners-hit-with-major-blow-pre.html

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heatherrdavis1 · 5 years ago

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BITCOIN MINERS HIT with MAJOR BLOW Pre-Halving!! This NEWS Changes EVERYTHING!!

VIDEO TRANSCRIPT

Via https://www.cryptosharks.net/bitcoin-miners-hit-major-blow-pre-halving/

source https://cryptosharks.weebly.com/blog/bitcoin-miners-hit-with-major-blow-pre-halving-this-news-changes-everything

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jeffrmayhugh · 5 years ago

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BITCOIN MINERS HIT with MAJOR BLOW Pre-Halving!! This NEWS Changes EVERYTHING!!

VIDEO TRANSCRIPT

source https://www.cryptosharks.net/bitcoin-miners-hit-major-blow-pre-halving/ source https://cryptosharks1.tumblr.com/post/615527769649070080

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cryptosharks1 · 5 years ago

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BITCOIN MINERS HIT with MAJOR BLOW Pre-Halving!! This NEWS Changes EVERYTHING!!

VIDEO TRANSCRIPT

source https://www.cryptosharks.net/bitcoin-miners-hit-major-blow-pre-halving/

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clairedmaddox · 5 years ago

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The Batman Chart Pattern Explained

There's a rare price action formation called the Batman chart pattern. This is not to be confused with the bat pattern, which is a harmonic chart pattern. Not many websites talk about the Batman, so let's take a trip into the cave where this this mysterious chart pattern lives, and find out what it's all about.

It's called a Batman because it looks like the top of Batman's cowl. These patterns are easy to spot because of the characteristic “ears” and price consolidation between them.

But that's not all that you should be looking for.

Let's get into a more detailed description of what to look for in a Batman and how it can be traded.

Batman Chart Pattern Definition

The “Batman” is basically a variation of the double top/bottom reversal pattern. Here's what you are looking for:

Strong trend

Price hits key zone

Failed high volatility spike

Consolidation period

Another failed high volatility spike in the same direction

This is an example of a bearish Batman. We would expect price to drop after the second failed spike and we would look for an opportunity to go short.

The important thing to look at is where this pattern prints on the chart. Just like any other countertrend chart pattern, this one has a much higher probability of success if it prints on a key support or resistance zone.

This is an example of a bullish Batman. It's just the opposite of the the example above, but the principles are the same.

Again, we see the big spike into the support level, followed by consolidation. Then another push lower that's rejected, and price heads higher.

Click to enlarge

The Psychology Behind a Batman

Like any other chart pattern, you shouldn't look at the pattern in isolation.

Take a few minutes to understand the market backstory, psychology behind the pattern and what it's telling you about the market.

When you understand what traders are doing behind the scenes, it's easier for you to identify a high quality setup.

The first part of a Batman is a strong trend. Obviously, this isn't close to being a Batman yet, but it's an important precursor.

When the market moves swiftly like this, it's also more likely to move quickly through this area of the chart, in the opposite direction. There's no guarantee that it will move through this part of the chart again.

But if it does, it will probably move rapidly. That means quick profits.

…and that's good for a Batman trade.

Next, price approaches a strong zone.

This is when it's time to pay attention.

Remember that this has to be a significant zone. The more times price has touched this zone and decisively rejected it, the better.

Take a minute to look at the history of the chart and see how significant this level has been. If it hasn't been that significant, then this probably isn't a good opportunity.

Now we wait to see what happens. There could be several reversal patterns that could happen here, including a Batman.

Bulls try to push the price higher, but fail the first time. You'll notice a strong rejection at this point.

That's the left ear.

The bulls gear up to make another push and this is where price consolidates. There's a lot of buying and selling here as the bulls and bears battle it out for what the next big move will be.

Finally the bulls give it another try, and fail again. This forms the right ear and is another sharp price rejection of the key zone.

That's when there's an opportunity to possibly take a trade because there's a good chance that price will start to move away from the support or resistance zone. In this case, it's a resistance zone.

Of course, it doesn't always work out as nicely as this, but here's what this opportunity ended up looking like.

When a Batman Fails

Image by Imgflip

Just like any other chart pattern, this one will not work out 100% of the time. This pattern will usually fail at the forehead or the right ear of the pattern.

Here are the points on the example chart. These are the areas on the chart that price is most likely to continue upwards, in this example. It would be the opposite for a bullish Batman.

Where to Enter a Trade

There are three places that you can potentially enter a Batman. Stick around because I'll show you how to test this for yourself.

At the right “ear” rejection

At a break of the “forehead”

On a retest of the pattern

Ear Entry

This is most aggressive entry, and potentially the most profitable…but also the most risky. It's riskier because you have less confirmation that price will reverse.

For this entry, you are going to try to enter as close to the top of the right ear as possible. The idea is to enter when you are reasonably confident that the level is going to be rejected, but not too late that you miss out on a majority of the profits.

In our example trade, this might be a good place to go short.

Forehead Entry

The next place that you can enter is when price closes below the forehead.

This is a level that's drawn at the support zone.

It also helps if there was a test of the level from the bottom, as you see to the left of this chart. When you see touches of the zone from both sides, that helps to confirm that it's an important level.

Click to enlarge

Pattern Retest

Finally, you can trade a Batman at the point where price retests the formation and rejects it. Here's where price retested the pattern twice and is now looking to head lower.

Click to enlarge

Is There a Difference Between a Bearish Batman and a Bullish Batman Pattern?

There isn't a difference between a bearish and bullish Batman. The pattern appears at both market tops and bottoms.

So keep an eye out for this pattern on the timeframe that you currently trade.

But be sure to test the pattern before you start risking real money on it.

Is the Batman a Type of Head and Shoulders?

No, the Batman is more like a double top.

Even though we are using Batman's head to describe a chart pattern, this is not a head and shoulders (H/S) formation.

A H/S has three pushes into a zone. The middle push is the strongest, with the other two being weaker…looking like shoulders.

The concept behind them is similar. You are looking for a failed push into a key level.

But the way that this plays out on a chart is different.

Here's an example:

Click to enlarge

Is the Batman a Type of Harmonic Pattern?

There's a type of harmonic chart formation called the bat pattern. Harmonic patterns also include the Gartley, crab and butterfly.

They use Fibonacci retracement levels to predict price movement, and are way too complex to get into in this article.

If you want to learn more about them, you can check them out here.

Here's what a bat pattern looks like. As you can see, it looks nothing like the Batman examples above.

I'll have more about harmonic patterns in future posts, but for the purposes of this post, it's enough to say that harmonic bat patterns are totally different from Batman patterns.

Image by Julie Bang / Investopedia

Does it Really Work?

Alright, now this is all great in theory, but does this chart pattern actually work?

Does it give you a quantifiable edge in the markets?

That's what we will take a look at in the next Batman chart pattern blog post. I'll do some backtesting and show you the results.

If you want to check to see when my results are posted, click here to read all posts associated with this chart pattern.

In the meantime, feel free to start testing it yourself. You can get started with this tutorial.

Remember…never, ever assume that a trading strategy you read in a blog post will work. Always test it for yourself. This includes trading strategies that you read about on this blog.

The strategy may not have an advantage, or it may not be a good match for your personality.

Test it for yourself before risking real money.

Stay tuned for the results…

The post The Batman Chart Pattern Explained appeared first on Trading Heroes.

The Batman Chart Pattern Explained published first on your-t1-blog-url

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