XDN BURNED3,000,000,000 XDN were recently burned. This coin has been around for ages. Not a lot of development. Let's see what happens.
It could do a couple thousand percent on the upside if it gain traction.
Low portfolio allocation.
Who knows?
Good luck!
*Not financial advice*
Burn
Sysco Earning Miss: NOT A FLASH SALESYY was moving bearish before the miss but this is not looking good for them at all. This is not a dip buy opportunity but rather the opposite. This is an opportunity for puts as they pullback towards their 55.81 and then 47.2 supports. The market conditions should compound this problem as it pulls the index down, the panic from the miss and poor chart movement leading into additional selling and further failures of support. This is one of many reasons why 55.81 support is already toast and it doesn't even know it yet.
How to turn a loyal Apple customer into their worst enemyAAPL ; the pullback is far from over. This is one of the few companies that has not yet seeing a large pullback relative to the current situation of the market. Falling under the 1T market cap sheds light on the fact that Apple is no longer performing to the standards Job's left behind. Focusing primarily on capitalizing on the monitory potential of their large and loyal market, Apple has made many of their consumers feel betrayed and cheated by never releasing products up to the industry standard and __never__ exceeding these standards. With increasings costs and budgets in the homes and businesses alike getting tighter, AAPL will see their punishment as their price bleeds and without proper fundamental changes (not just good marketing and PR) they will be picked up by AMZN . Parties more interested in the long term potential of the market instead of a quick buck.
BNBETH MACD CONSOLIDATION & POSSIBLE BEAR FLAGThe MACD indicator on Binance Coin - Etherium pair is approaching a focused macd trend wedge, which may indicate that there will be movement as the wedge constricts. Additionally there is an indication of a rising wedge in the candle formations, lending some credence that the movement will be lower still.
This could be the result of a divergence in price with Etherium climbing higher at a faster rate with BNB lagging behind. In addition it IS possible that BNB COULD advance faster than ETH, with Binance's continued policy of buying back of it's coins, but that is an unpredictable event. Still much is expected from BNB in the coming months as it continues it's march towards ever higher prices so still a solid buy and hold option in my opinion.
Downtrend for BNB, and potential buying zone before take offHello folks,
We can notice a negative divergence on the RSI and MACD, and the beginning of the downtrend move for correction. I don't think that this is a good time for buying BNB and we should wait 3-4 days.
This downtrend (blue arrow) will probably lead to a stabilzation around 0.000143 - 0.000152 BTC (green box) in 3-4 days, which could be a good potential buying zone if we notice a new take-off when hitting the uptrend line (dotted red line.
In addition, we might see a BNB coins burn is approximately April 15th (not sure of this date), which, if it happens, wil increase the BN coins value and certainly create an uptrend move again.
Careful, if it keeps going deeper, breaking the dotted red line, and exiting the green box, this could lead to another downtrend!!
So lets wait and see what will happen ??
Please leave some comments to tell me what you think?
do not forget, i'm just a biginner at TA trying to do my best, and there is no certainty in this analysis.
Thanks.
GAMBIT coin graph made of solid rock!Fundamentally I have some problems with this coin. One of the main price-driving factors is the fact that a lot of coins get burned ( chainz.cryptoid.info). More than half of the coinsupply allready has been burned and today only little over 1 million coins are in circulation, but the latest burn has been over four months! Maybe this has to do with the fact the coin is moving to a new blockchain ETH Classic.. but still it worries me a bit. Also staff seems to be like one man is running the show.
No worries in the graph though. The coin has seen a nice uptrend which peaked mid-june. After that there was a relatively mild correction, which ended a month ago by breaking out of the downward channel (green oval 1). A new upward channel came in to effect, where there is a break attemp on the upside today (green oval 2). Furthermore RSI on the daily is in overbought area again (green oval 3), this is for the fourth consecutive time, not one oversold condition has broken this series (talking about power).
Trading plan: price might rise a bit further, but I would wait for RSI to cool off and for price to fall back to the bottem of the current upward channel (don't think the upside break will last). The bottem of the channel (blue box) would be a great buy opportunity for the road to new highs!