Fortress Investment Group Allocates 39.56% To Their HoldingsEntry 1/2 ****STOP 8%****
We routinely review hedge fund filings, and the trend is becoming clear: funds are bullish on oil. From Warburg Pincus, to Elliot Management, concentrated funds are betting big on the energy sector.
The reason why we chose this particular oil company was because of two reasons. First, and most importantly, the risk reward is extremely attractive right now because the price is coming off a key support level. Those supports were breached on two separate occasions, but, both times that happened was during a significant market correction. The second reason we like this stock is because of the extent to which Fortress is concentrated; 39.5%, a bold prediction.
Since the stock is ranging, $26.00 looks like a good area to consider taking profits. Entry 1/2, ****STOP 8%****
Good luck as always and happy trading everyone
**********WE ARE NOT FINANCIAL ADVISERS. THIS IS A HIGH RISK TRADE. CONSULT A FINANCIAL ADVISER BEFORE BUYING ANY PUBLICLY TRADED SECURITY. WE DO NOT OWN THIS STOCK, NOR DO WE INTEND TO BUY THIS STOCK IN THE NEAR FUTURE. WE ARE NOT BEING PAID TO WRITE THIS OR BEING COMPENSATED IN ANYWAY. YOU SHOULD NOT USE THIS INFORMATION AS INVESTMENT ADVISE. ALSO, BY READING THIS ARTICLE, YOU AGREE TO INDEMNIFY US OF ALL LIABILITY FOR ANY LOSSES INCURRED FROM USING OUR INFORMATION AS THE BASIS FOR AN INVESTMENT DECISION *****
BTC-ETH-XRP
What's HAPPENING?? A Comprehensive Crypto Market Analysis Pretty self-explanatory title, but for those who don't want to watch the whole thing, here's what's covered: NEO, NANO, VET, LTC, ETH, XRP, XLM, and Bitcoin. Hope you enjoy, and thanks for watching : )
Also, I apologize for the chat bar at the side. Didn't notice it, but don't want to re-record this video.
As you can see in these below charts, alts are continuing to lag behind Bitcoin, but not by much anymore:
Also, Bitcoin has now retraced its entire weekly bearish candle, as I suggested was a possibility (both on Twitter and on here). Here is that analysis:
This video is not financial advice. Just what I'm seeing currently in the market. This is for speculative and educational purposes only.
-Victor Cobra
Litecoin - LTC/BTC could potentially have another leg down.Looks like we could tag the .618 of this entire bullish move which seems to have been 5 waves up (could also be considered an ABC bounce).
The .618 also lines up perfectly with the .786 of the waves 2-4 fib extension.
The extension of .786 also lines up perfectly with the 2.414 fib extension of the A-B move of this entire ABC.
My impression is that we have another full set of waves down. (5 waves) and after that, we can reassess to see if this is has potential to become bullish again or continue its decline to a lower low.
This also goes well with my EOS/BTC update which looks VERY similar! Make sure to check it out HERE:
Hopefully this helps!
-CryptoSuf
ADA/BTC Scalp - Low risk : High RewardI like this set up here.
Although I think we can see a lot more upside. This call is very safe imo.
if you use 5X leverage this can be a really nice set up. Or you can try to HOLD this long for a few hours/days even. We may go up a lot like I mentioned in my last ADA post here.
THIS IS NOT TRADING ADVICE - All updates will be on my 100% FREE telegram channel.
BTCusd Long term just now
I want to check some possible scenarios.
If BTC find support on the current area (3650 Zone) then it can achieve
4500
5000
5500
targets easily.
But IF 3650 support break, we will see BTC at
3650
3350
3100
targets.
and as I told you before, IF 4100 resistance in weekly chart didn't break we will see $1900 Bitcoin :)
STEEM, DOWNBad situation in all time frames. I expect a powerful downtrend.
The blue zone (1000-1100) is important and powerful support but I don't think it can stop the downfall (of course it could but not in my opinion). Maybe the yellow trendline break too and STEEM touch the bottom again, who knows?