Do you know 'Bounce Token'?As Binance announced its NFT market opening in June,
It is worth noting the NFT related coins in the BSC ecosystem.
The bounce token's founder is Ceo of ANKR
It's a coin that aims to auction at the NFT market.
Now that the ankr in charge of the production node of the Binance chain,
So Bounce can also be expected to benefit from this June.
If you expect a rebound here, both fundamentally and technologically,
It makes a very good entry point.
Auction
KUSAMA FLYING OFF KUSAMA
I am really really bullish on this project.
To me this will outperform most of the other projects during this bullrun.
Growth is natural and demand will only increase with the Parachain slot auction.
Teams can create a #crowdloan campaign for a parachain slot to attract external $KSM holders to lock up $KSM for the project’s auction bid. Rewards for the supporters of the bidding project may be the project token, or may be other incentives besides tokens.
The Dot ecosystem is planning to lease up to 100 parachains.
Watch Kusama fly and DOT follow up next.
Is it still late to get in, not yet, but this may be our last chance for someone looking for a safe 2x. - I’ve set some buy orders at 400$ - 390$ and 380 $. Hopefully we could get down there and wish some early investor take some EARLY profits (which shouldn’t happen now imo)
I am personally holding this one until scarcity is reflected on price. Which would be around TP3 = 930$ (APPROX)
The canary is flying up to the moon.
Cheers
10-Year Notes Auction Result Is Pointing Toward Market StabilityTuesday's 3-year notes auction, Wednesday's 10-year notes auction, and Thursday's 30-year bond sale are 3 of the most closely watched auction that will be happening this week due to the recent focus on bond yields which have been a key driver of stock movements.
We saw that on Tuesday, the $58 billion auction in 3-year notes was well-received, attracting demand that is well above average. This can be seen from the bid-to-cover ratio, which acts as an indicator of demand, where we saw a ratio of 2.69 for Tuesday's auction, which is stronger than both the 2.39 ratio we saw in February as well as the average ratio of 2.40. This temporarily eased the fear of an uncontrollable rise of velocity in the surge of bond yields.
I believe today's $38 billion auction in 10-year notes has helped to further calm such uncertainty.
Following today's auction, the Treasury sold $38 billion in 10-year notes at a yield of 1.523%, with bidders seeking $2.38 for every $1 on offer from the government. This means that the bid-to-cover ratio stand at 2.38, which is nearly on par with last month's 10-year notes auction ratio of 2.37, but lower than the average taken from the last 10 previous 10-year notes auction ratio of 2.42.
While this does not indicate above average demand like what happened yesterday with the 3-year notes auction, it does shows that today's auction has demand that is consistent with recent auctions. This is a good thing because one of the things that market participants are fearful for is unpredictability and instability caused by more weak auctions that are not within expectations like what we saw in late February's auction of 7-year notes where an unexpectedly weak auction caused the market to sell-off.
As such, given today's average 3-year notes auction that was within expectations in combination with the lower than expected core CPI data that was released earlier today, the fear surrounding the bond market is temporarily put to a halt once again.
Tomorrow's $24 billion sale of 30-year bond will be the last straw of the week that could potentially move the market significantly in either direction. Market participants in the stock market should continue paying close attention to the situation surrounding the bond market because I believe that Treasury yields and the result of bond auctions will continue acting as an indicator of the general direction of the broader stock market throughout this week.
Invest safe.
This is not investment advice so please do your own due diligence!
Support this idea with likes and share your thoughts below.
Inflation Concerns Eases Amid Lower Than Expected Core CPI DataAmid rising concerns on inflation, today's release of Consumer Price Index (CPI) data for February is among the most anticipated event of the month. The CPI acts as a gauge for inflation, where it measures the average change in prices over time that consumers pay for a basket of goods and services.
The CPI data vs Analysts' estimates is as follows,
CPI: 0.4% vs Expected 0.4%
CPI YoY: 1.7% vs Expected 1.7%
Core CPI: 0.1% vs Expected 0.2%
Core CPI YoY: 1.3% vs Expected 1.4%
Note that Core CPI excludes the volatile food and energy prices, while CPI is an all items index.
Considering the above CPI data that is relatively tamed, we can expect the market's concern about a spike in inflation to be eased for the time being. We also saw the 10-year Treasury yields sliding lower, and an upward push in the stocks pre-market in reaction to a positive miss in the Core CPI data.
As such, I expect the broader stock market to stay relatively green today, at least until the $58 billion auction in 10-year notes that will happen later today, which may provide further indication on where Treasury yields may be headed going forward. Thus, market participants in the stock market should continue paying close attention to the situation surrounding the bond market as it will help provide you with insights on what you can expect for the day's movement.
Invest safe.
This is not investment advice so please do your own due diligence!
Support this idea with likes and share your thoughts below.
Today's 3-Year Notes Auction Is Why The Stock Market ReboundedAfter experiencing a sharp spike in the 10-year Treasury yield last month due to an unexpectedly weak demand of a US$62 billion 7-year notes auction, today marked the start of a crucial bond auction week that will test the condition of the bond market.
This week's schedule is as follows,
Tuesday: $58 billion auction in 3-year notes
Wednesday: $38 billion auction in 10-year notes
Thursday: $24 billion sale of 30-year bond
Following today's auction, the Treasury sold $58 billion in 3-year notes at an auction-high yield of 0.335%, with bidders seeking $2.69 for every $1 on offer from the government. According to the bid-to-cover ratio, which acts as an indicator of demand, the ratio stands at 2.69, which is stronger than both the 2.39 ratio we saw in February as well as the average ratio of 2.40, indicating that the bond auction was well-received compared to what was expected. As a result, lingering fear of an uncontrollable rise in velocity of the surge in Treasury yields was temporarily put to a halt today. This caused the 10-year Treasury yield to drop by 4.46% today, and resulted in a rebound in the U.S. stock market, with S&P 500 up by 1.42%, NASDAQ up by 3.69%, and DJIA up by 0.10%.
I expect Treasury yields and the result of the aforementioned bond auctions to continue acting as an indicator of the general direction of the broader stock market throughout this week. Market participants in the stock market should continue paying close attention to the situation surrounding the bond market as it will help provide you with insights on what you can expect for the day's movement.
Invest safe.
This is not investment advice so please do your own due diligence!
Support this idea with likes and share your thoughts below.
AUDINRFX_IDC:AUDINR
The next shot is bullish to 46.53 rupees for next 3 days as the announcement of relief
BTC short target 7961 Hi traders .
I guess i should have hold that long positions ;) Oh well .,
Trade based on previous analogy . Firs short positions are bleeding now but no worries second its doing ok ATM ., target selected on the screen . I will probably add more positions as price its developing .
BTC/USDTHi traders .
ANother short play its developing My first entry Is 7573. You have TP zones on there . This one i will take profits on t1 and look for potential bounce . Happy trading
Morning Ideas June 21 2019Markets continue to trend up and we had a nice orderly auction yesterday, falling into a previous balance before bouncing.
I would highly advise against going short here, today is options expiration and while it may work to be short, it's a low probability play.
BCDUSD Volume Analysis Prediction 02/01/2019Out last BCDBTC forecast is still active so we decided to analyze BCD against USD.
On the chart we indicated (boxes) active balances.
As we seeing, the structure of boxes - descending.
At the moment the price reached daily support area 0.65-0.69, but to start buying we need confirmation.
How to see it? We need at least one past balance to be canceled, and the new balance must goes up.
Until this happens, it is risky to enter the purchases, as the probability of price reduction remains high.
Buy: 0.7590-0.7600 (after breakout 0.78)
Take Profit1: 0.84
Take Profit2: 0.90
Take Profit3: 0.96
Stop loss - indicates on the chart
Priority: Bear initiative
BCDBTC Volume Analysis Prediction 12/20/2018 Wow. Did you catch this move? It's look like cryptomarket is starting to wake up. A small gift for the New Year holiday. We waited for this almost a year, didn't we?
Ok, what's next? We have bull priority.
Most likely a new balance will be formed now, we already have 2 borders.
To enter the market use the lower border of the balance (0243).
If this level will be breakdown, then it is best to wait the price at the lower POC or at the starting point of the impulse.
Buy: 0243
Take Profit1: 0273
Take Profit2: 0292
Re-Enter: 0213-0216 area
Take Profit1: 0243
Take Profit2: 0273
Take Profit3: 0292
Stop Loss <1%
Priority: Bull
Final Signal: Buy from 0243 or
re-enter 0213-0216 area
Look below and fail Yesterday the Dollar index has flushed below the double bottom weak structure below 94.95. However, that break didn't spark the momentum for a down side continuation, instead, it has created a big look-below-and-fail pattern that is essentially called an end to the down auction with an excess. Now we are going to work with a bullish directional bias on the Dollar index that we are going to hunt for long setups instead of short setups.
BCDUSD Volume Analysis Prediction 9/19/2018A new balance was formed with the range 1.70-1.91
While the price is inside the balance,
it is necessary to trade only from the borders.
At the moment the price is at the bottom of the balance.
We expect a rebound from this area with a target on other side of the balance - 1.90-1.91.
But, if the price will breakdown 1.70 we will see a price fall to 1.6035.
In any case, we must proceed from the facts.
There is a fact - there is action. There is no fact - there is no action.
Glossary of terms
Point of Control (P O C) – The price level for the time period with the highest traded volume .
Value Area (V A) – The range of price levels in which a specified percentage of all volume was traded during the time period. Typically, this percentage is set to 70% however it is up to the trader’s discretion.
Balance - Accumulation Area.
F L - flat level.
T L - trend level.
Fixing (fix, culmination) - reverse price reaction then the markets stops i'ts movement for a short time. The trend stops when it passes through 1-3 fixing movement.
BCDUSD Volume Analysis Prediction 9/17/2018Last 2 impulses was down, it's bear priority.
Also last balance goes down.
At the moment we do not see an increase in volume
and reaction in the opposite direction, which means
that with a high probability the price will continue to decrease.
The next support level - 1.6034
The situation on BCDBTC is similar.
#BCDBTC Volume Analysis Prediction 9/10/2018BCDBTC shows bull priority.
BitcoinDiamond is stronger then Bitcoin for this moment.
The situation is similar to BCDUSDT: last 2 impulses - UP, last balance goes UP.
At the moment we are watching the formation of the new potencial balance with the range 0333-0364.
With a high probability the price can test the POC level of the previous balance - 0324.
But Iif this price level will be breakdown the priority may change.
Glossary of terms
Point of Control (P O C) – The price level for the time period with the highest traded volume .
Value Area (V A) – The range of price levels in which a specified percentage of all volume was traded during the time period. Typically, this percentage is set to 70% however it is up to the trader’s discretion.
Balance - Accumulation Area.
F L - flat level.
T L - trend level.
Fixing (fix, culmination) - reverse price reaction then the markets stops i'ts movement for a short time. The trend stops when it passes through 1-3 fixing movement.
#BCH Volume Analysis Prediction 9/03/2018Hi, friends.
The price is in the balance with the range 604-660.
As long as the price is in the balance, we trade only from it borders. Otherwise, the stop loss will be your friend.
If this balance goes up, with a high probability the price will breakout 700. First target - 710.8.
If this balance goes down the price will fall to the support levels 575. This level is very important - it's key point.
The way the price will behave at this level, will show us whether the price will continue to rise or fall.
If the reaction is weak, without volume, the price will fall to 530.
If there will be a large volume or/and the initiative of buyers, in this case we can try to buy after a little pullback, but not to sell from the outside border of the balance.
Remember - trading is a game of probabilities.
Glossary of terms
Point of Control (P O C) – The price level for the time period with the highest traded volume .
Value Area (V A) – The range of price levels in which a specified percentage of all volume was traded during the time period. Typically, this percentage is set to 70% however it is up to the trader’s discretion.
Balance - Accumulation Area.
F L - flat level.
T L - trend level.
Fixing (fix, culmination) - reverse price reaction then the markets stops i'ts movement for a short time. The trend stops when it passes through 1-3 fixing movement.
#ETH Volume Analysis Prediction 8/08/2018On the chart Ethereum looks weaker than Bitcoin. ETH reached level 358 and it’s minimum of 2018 (BTC is still above its minimum year). Numerous elements had contributed to that situation. First of all – wide balance (indicated on chart, range 400-482) goes down. Down impulse started, so we in priority of sales for now. Second – before the breakdown, we saw the formation of mini balance in the form of a descending triangle. It’s often inicates an impending break down.
What to do now and where to expect the bottom? Now we are seeing the stoppage of price movement after the first fixing. But bull reaction is too weak so with a high probability the market will continue to fall. If the minimum of 2018 will be break down, next strong support level – 300. This price is not attractive for ETH miners, so buyers need to take the initiative into their own hands.
Trade recommendations:
Ticker: ETHUSD
Exchange: Bitfinex
Short-term signal: Short (margin account only)
Entry price: 400-409 (conservative), 380 (aggressive)
Take profit 1: 380.5
Take profit 2: 360
Take profit 3: 301
Stop loss: 415 (conservative), 387 (aggressive)
Glossary of terms
Point of Control (P O C) – The price level for the time period with the highest traded volume .
Value Area (V A) – The range of price levels in which a specified percentage of all volume was traded during the time period. Typically, this percentage is set to 70% however it is up to the trader’s discretion.
Balance - Accumulation Area.
F L - flat level.
T L - trend level.
Fixing (fix, culmination) - reverse price reaction then the markets stops i'ts movement for a short time. The trend stops when it passes through 2-3 fixing movement.
US Marshal's Auction StudyA comparison of the similarities of the US Marshal's Auction in 2014 to the upcoming one.
EURUSD - buy opportunity after false break downHi, friends.
Last week we saw a false break down on EURUSD.
So, now we must waiting for a correction to the lower balance level (1.2200-1.2215) to open buy position.
Or you can buy right here. But in this case your risk-reward ratio will get worse, because stop loss must be below the false break down.
After a false breakdown of balance, the price usually goes to the opposite level. That means our target is 1.2500-1.2520.
LSK/BTC Volume Analysis Prediction 2/19/2018Hi, friends.
Our last idea on Lisk was - buy after breaks out of balance 2. But this balance goes down, so now we have a down trend.
What next?
We have to wait until the price will rebound from the support zone. If we will see the necessary market conditions (large volume + rebound or large volume + pattern price action) on this support zone, then we can go in the market.
Trade recommedation:
Entry point: Buy in range 2400-2500 (under the right market conditions)
Stop: 2320
Target1: 2920
Target2: 3130
Target3: 3340
Glossary of terms
Point of Control (P O C) – The price level for the time period with the highest traded volume .
Value Area (V A) – The range of price levels in which a specified percentage of all volume was traded during the time period. Typically, this percentage is set to 70% however it is up to the trader’s discretion.
Balance - Accumulation Area.
F L - flat level.
T L - trend level.
Fixing (fix, culmination) - reverse price reaction then the markets stops i'ts movement for a short time. The trend stops when it passes through 2-3 fixing movement.
EURUSD - balance range (1.2218-1.2295)EURUSD is in balance (consolidation) now with a range levels 1.2218-1.2295. In Friday we saw a false break down of this balance.
What to do now?
There are 3 options in this case:
p 1. Trade after consolidation will be break up.
If the price breaks out level 1.2295 and holds above, we must wait for a correction to upper balance level and than buy.
p 2. Trade after consolidation will be break down.
If the price breaks out level 1.2218 and holds below, we must wait for a correction to lower balance level and than sell.
But you must remember - if false break out/down happens and the price will return back into the balance you need to close position immediately.
p 3. Trade inside the balance from the lower balance level (it's not recommended to trade against a false break out/down). In this case you need to put stop below the false break down.
EURUSD in balanceAfter fix volume we have a balance (wide range, consolidation). Better way to trade in balance - from one side to another, and best of all in the direction of the previous trend.
So, for now on EURUSD it's better to wait price on good supports level at the bottom of the balance.
