CASH
CIPLA set up Long and reversal zones shown with targets....
If price breaks above and gives long, buy 730CE for and exit when cash price touches around 743... Else buy 730 PE if price reverses and exit when it touches around 716.
Corrections / China and cashLooks like the crypto market cap is moving nicely with BTC. i dont include BTC in market cap. i use bitcoin as a stand alone chart. why? Chinas printer is going BRRR right now. look at bitcoin as the digital YUAN. thats right i said it. 2017 bull run 80% of that bull run came from the YUAN coming into the market. The other 20% was the rest of the world currencies mixed. all i know is that theres a much bigger war going on across the board than people think. Crypto is battling with cash and China isn't having it with trump. Get ready for a crazy 2021. after the election. money printing is going to get even crazier than what we've seen in 2020. crypto bubble happen in 2018 and now its coming to a end and getting ready for bull run once again in 2021. below is my btc chart
20% Increase in Currency Supply in 4 months!Just making an observation that the total amount of currency in circulation (Physical + Bank Credit) has increased an unprecedented 20% in the last 4 months. I believe, when we are looking at this chart, we are looking at a Credit Bubble.
Something that bothers me. Current National Debt is around $24.2T, however, we have $18.4T in total dollars in circulation. So even if you use every dollar in existence to pay off the National Debt, you still have $5.8T USD in debt remaining... how does that get paid off?? Need to dig more into this.
Visualizing inflation of the US DollarStock market up... Crypto up... Precious Metals up... what is going down? Your buying power... if you hold CASH! Not many are really noticing that with historically (even lower) low interest rates and helicopter money being written in checks to everyone that we may now be visually seeing the inflation of the USD.
I am speculating a -6% drop in the US Dollar Index over the next 1-2 years. This is not apples to apples for the buying power as it is just relative to other countries' currencies but it is a good measure. If your assets are not returning greater than 7% or you are not locking in credit at a fixed rate of 5% or less then you are essentially losing by sitting in cash.
$BCH TRADE IDEABitcoin Cash Market Breakdown - July 27th, 2020
Update from the previous BCH chart, it hit entry at $222 which we bought at
MACD looks very toppy along with the fact that we just touched $267 resistance level
What we should expect is the continuation of prices going up, even though these indicators say otherwise, Bitcoin is looking very bullish right now and seems to be carrying the major altcoin pairs with it
USDMXN -Where will the peso go ?I'm thinking the dollar will recover a bit and that the peso will fall this next week
Breakout Feels Imminent for ZECThere has been bullish divergence between ZEC price and momentum going back 18 months and it seems to finally be breaking up sustainably into bullish territory. ZEC tends to move slower than others in the space, but I could see it moving upward with some real weight behind it along with others in the privacy space along with XMR and DASH. Projecting the last cycle's bars, feels like a 2x-5x could be possible over the course of a few months here.
Entry: 65
Target: 120 - 250
Stop: 50
DXY SHORT TERM EXPECTATIONS (4H)Just making an observation that DXY has come back to its bottom of around 94.6.. At this point we can expect a bounce, which would indicate the USD is about to get stronger and people are going to be more in Cash (so pulling out of investments).. Can be an indication of a Sell coming in the Gold.. RSI is already in under bought zone so this gives me more confidence in the upside.. If not, I would expect it to continue it's run down to it's next bottom of around 88.5 and see if will bounce from there..
USDCAD H4 - Short SetupUSDCAD H4 - Looking like support is threatening a breakout. Ideally want to see a pullback to 1.35 after breaking support to see if we can jump in with shorts. Just need to be mindful of fib pullbacks for when we look to set a new LH, because this could end up in the 1.35500 region based on the sequence so far.
