BANK
XRP/BTC - UAE Central Bank Block Chain Partnership Announcement I am slightly shocked that there are very few charts dealing the latest announcement with Saudi Arabia's Central Bank signing a partnership deal within the last 24 hours. This is a MASSIVE bull FLAG as an early indicator; especially given XRP's prevalence of professionalism and partnership with major global banks. This is huge in my opinion. My chart may not be reflective of actual movement, as it can be so difficult to ascertain future price movement when such big news comes into play. For this reason, I am coming from a more fundamentalist point of view, with a few technical indicator and techniques used to add validity however; i expect a mammoth spike in price, with a HUGE bull run, and incredibly hard to predict,
I feel at this moment; historical candle trending combined with levels of support, resistance and fib levels, amalgamated with fundamentals, is the best way forward for now to get a handle and prediction on anticipated valuation on what WILL be a significant price break out.
The last pennant highlighted in red continued on to a bearish trend however; the current trend, is staying within the larger pennant with the exception of a few candles leading astray out of the pennant, only to quickly return. Again, there a signals EVERY where. Do not MISS this/
Times New Bank TAPurple box: Support/Buy-In
Target Price 1: green box
Target Price 2: yellow box
Target Price 3: red box
TNB/BTC (BINANCE) 10/30 DAY PROJECTION50% FIB RETRACEMENT FITS NICELY INTO THIS TRIANGLE PATTERN – IT MARKS THE END OF A VERY NOTICEABLE CYCLICAL CORRECTION - BREAKTHROUGH COULD REPRESENT ITSELF AT SAME ANGLE OF ALL PREVIOUS FRACTAL OSCILLATIONS. FROM THE LOOKS OF IT, SIMILAR MOVEMENT COULD POTENTIALLY BE SEEN AGAIN LATER; ONCE IT BREAKS UPWARD TO A NEW RESISTANCE OF .00001500.
Time New Bank (TNB) - FIB Extension - (+100% profit)Hey guys. I'm still learning and this is my first analysis. It probably won't close as I'm sure there are things that I didn't consider.
I saw one big A wawe consisting of two eliot wawe pattern and the B correction wawe. Supposing it will climb to 1:1 Fib Extension point.
Take profits inside the zone.
Let's see what will happen, I'm excited ^^
I'd be more than glad to hear expert opinions to correct my mistakes, please feel free to comment. Happy trades to all!
This product will rise while world crashesThe work of an investor today need to be to search bullish financial products in recessions
Due to recession will be a bank system bank-rupt, there are not products with such quality as the ones who do the opposite moovements of bank system, and bank system is global economy
You can see in PROSHARES SHORT FINANCIAL how its price moove in the opposite direction comparing it to global most important indexes, and also you can see how in 2007-2008 recession, while the world was crashing, PROSHARTES SHORT FINANCIAL was incredible bullish.
And the important aspect is that this product had more value than indexes when 2007-08 recession happened, and that is what we think from Intcomm that happen in next 5 years, ProShares S.F will value more than global indexes.
Recession can start from 2018 to 2022. We are 100% sure that will happen in this period, specifically, we think will start next year. This product is an EXCELENT money protection and profit investment for those who want to create wealth in crisis.
Have a nice investment day.
Have a nice investment day.
ETHUSD Education, LTCUSD Lesson @ The Harmonic University
As I posted previously, I bailed on my Cryptos 2 days ago.
They were:
BTCUSD @ 8300: still here. Watching but it wants 10k.
ETHUSD TypeII 88.6@380: now +80 Higher = The Education (look for reentry via ETCUSD?)
LTCUSD = Sell @ 72 now 4 points higher ...The Lesson: Learn from ETHUSD
One thing about harmonic patterns - it doesn't take too many examples to see where the structural measures are completing when similar markets exhibit clear completion zones. It was a long Thanksgiving as I watched ETHUSD breakout + left me in the dust - now headed straight to the weekly target at 545. Other Altcoins are ready to follow.
LTCUSD : The Potential Reversal Zone for the Bearish Gartley at the 88.6% retracement at 88 in LTCUSD has been triggered. I'm looking to the Bpt level @ 72 for a reentry to catch a minimum move to 90. However, ETHUSD + BCHUSD are two markets that show us the frenzied speculative potential unfolding. Therefore, this Gartley could be annihilated on a breakout, triggering a move to 133 as the failed pattern "morphs" into a Crab.
I am looking to REENTER 100% either way in the next 48hrs.
Crypto Notes: Quite simply, I UNDERESTIMATED THE POWER OF ETHUSD but I will shift back to LONG ACCUMULATION of these AND other AltCoins NOW! I have been aware of Bitcoin since inception but have only studied the different blockchain types in the past 12 months. Admittedly late to this party, I am focused on the definable movements especially in daily + 4hr patterns. There will be corrections as the capitalization fluctuates over the long-term but these markets are in a frenzied state NOW hat has little to get in the way of the trend. ETHUSD was a $80 per coin education. However, LTCUSD and the likes of ETHUSD, SANUSD , ZECUSD , IOTUSD , XRTUSD , BCHUSD (others? ...please comment your favorite below!) I will follow up with more but look for ACCELERATED BREAKOUTS for the next two weeks. The CME Futures in BTCUSD will be a defining event for all cryptos but change the potential for EXCESSIVE SPECULATION! For this reason, these markets will run now and complete these targets sooner than later.
Final Note: The USDollar is rolling over, getting weaker by the day and could add fuel to the CryptoUSD pairs. My long-term DXY and major USD pairs show a continued weakness for the greenback. Last week triggered violations across the board with few bullish possibilities in sight.
I will follow up with some AltCoin Harmonics in my next post.
This will be a busy weekend!
Deutsche Bank is a textbook shortI think DB is fundamentally one of the weakest DAX stocks.
Notice DAX opened today with a 150 point up-gap, but DB is opening at the same level - no demand for this stock.
Selling is the way to go, plus we can see from a chart technical perspective that there is still much room to the downside to be filled.
This is a beautiful corrective small uptrend in a large downtrend, bears are breaking lower.
I am looking to short above 14€.
Blessings to you.
XRP/USD 10/26/2017WITH THIS CONTENT CRYPTOCURRENCY CAPITAL LLC OR ITS AFFILIATES DO NOT PROVIDE INVESTMENT, TAX, LEGAL OR ACCOUNTING ADVICE. THIS MATERIAL HAS BEEN PREPARED FOR INFORMATIONAL PURPOSES ONLY AND IS NOT INTENDED TO PROVIDE, AND SHOULD NOT BE RELIED ON FOR, TAX, LEGAL, ACCOUNTING OR INVESTMENT ADVICE. YOU SHOULD CONSULT YOUR OWN INVESTMENT, TAX, LEGAL AND ACCOUNTING ADVISORS BEFORE ENGAGING IN ANY TRANSACTION AT YOUR OWN RISK.
Halcon Resources- Possibility of MASSIVE up move!Hi traders,
Halcon Resources currently looking like a great opportunity for upside movement.
Price action showed a compelling morning star signal supported on Fibonacci retracement support and 50 moving average. Price is about to break a sideways resistance. Looks like a longer term 3 wave ABC move, of which I expect the move to be very very strong here, and move in a similar fashion to the first up impulse before it.
Best regards,
Tom_Killick
#XRP goes to official Japanese REGULATED market or only seems? @Ripple published third time post twitter.com with some allusions. Reason could be new level of merge Japanese regulated bank system to cryptocurrency technology or only seems like that. Will see in the evening tomorrow. I guess Japanese like be one of the most technological folk in the world.
twitter.com - "2 themes coming together, #banking & #blockchain";
twitter.com - "3 days of mind-blowing #content and #speakers";
EUR/GBP 4H Chart: Channel Up - Bank of England jumpToday, on Thursday, August 3, the Euro gained more than 70 base points against the British Pound in less than an hour. It was a purely fundamental event, which was still consistent with the ascending channel pattern, which has guided the pair throughout this summer. The currency exchange rate met with the combined resistance of the weekly R2 and the upper trend line of the channel up pattern at the 0.9030 mark.
There are two possibilities for the future. In the first scenario the rate bounces off the resistance and continues the short term decline. In the second scenario the pair would push through the combined resistance at 0.9030. However, the second scenario is more likely, as the pair bounced off a support level of a dominant pattern in the middle of July. That means that the ascending channel is about to become obsolete.
As the chart was being drawn up, the second scenario began to form more as reality.
(GNTY) - Strong Fundamentals / Solid TechnicalsThis company just launched it's IPO. Already you have technicals forming. In addition, the earnings are strong and with volume at the support line and small candles, I can tell that someone on the inside is convinced it will continue upward.
Also, doing extensive research into the kind of operations this company has made in the past. They would not have gone public if they didn't think they had something to show. They have yet to release their most recent earnings which I think, will be positive and will lead to a good profit.
Price targets around ($36 and $40)