Xrp strongest resistanceXrp have not still breakout from the resistance, it is a resistance since dec 2017 and have big impact on xrp price. If the resistance is still there, xrp will sometime fall to zero!!!
CASH
XRP ShortI see a continuation to the down side to .14 - .12 price zone.
Let me know what y'all see
O.O
JPMorgan looks resilient to recessionI read an interesting WSJ article this morning on JP Morgan. It seems that CEO Jamie Dimon believes JP Morgan can maintain its dividend even if GDP dips 35% this year. The bank has a large cash pile and a diversified portfolio because Dimon has long been designing JPM to be a "port in a storm."
www.wsj.com
JPM currently has a 4% dividend. It's possible that if you wait a while, the dividend yield will get even better. But 4% ain't bad, and if JPM believes it can maintain that, then this is probably the company to own in the banking sector right now. Also notice the positive signals on MACD and engulfing candle indicators.
WIPRO -CASH intraday strategy for 3rd April 2020Open position Strategy
Gap down Long @ 182/184 , T1-186 , T2- 190
Gap up Short @ 201 more @ 199, T1-194.5, T2-191.5
Between Pivot & R1 Long @ 191.5, T1-194.5 T2-199.2
Between Pivot & R2 Short below 189.5, T1-185.5 T2-184/182
USDCAD LONG SETTING UPSup traders,
USDCAD had its well deserved rest, its now time for it carry on, on its march up to recent highs!
Remember to keep the risk managed!
Cheers :D
BCH/USD - Upward channel ? Exiting the canal is a drain;
As long as we're in the channel, we can work from longitude.
BTC is growing, BCH will overtake in growth.
the buying area is interesting after a resistance breakdown.
Friends, thanks for your likes and comments!
Good luck with trading!
For recession winners, look at cash-rich companies with low debtBerkshire Hathaway is famous for sitting on a huge pile of cash. In fact, Morgan Stanley complained just last year that Berkshire hadn't been "aggressive" enough with its cash. Well, now Berkshire's cash pile is looking pretty good as the market heads into a major downturn and buyers have lots of opportunity to snatch up assets on the cheap.
In addition to Berkshire, other cash-rich companies with low debt include Alibaba, Baidu, Alphabet, Cisco, and Facebook. These companies have additional tailwinds from the fact that they're heavily involved in ecommerce and the digital space. Facebook use may increase as people spend time at home, and Cisco offers products for remote workers. Expect these giants to initiate share buybacks or mergers and acquisitions as the market finds a bottom later this year.
possible reversal in USD/CADSeeing that in London there was an bullish induction with the trend that has been setting we can expect sales in NY
BCHUSD Looking for a bounce! 4 HourV bottom best case scenario, but not too likely.
Previous Analysis:
This is not trading/financial advice.
BCHUSD Experimental Elliot Wave Setup 1 Hour
I guess I'm going to start calling this the Mikeiavelli Wave since it's not exactly an Elliot wave, but really just an Elliot wave setup that is using price's distance from an exponential moving average to chart the wave instead of the literal price action of bitcoin cash/bitcoin.
So I spotted something while setting up this BCH chart, and that the targets of two waves, one a sub wave, line up the 1.618 and 1.414. Funny thing is this is the same for bitcoin's chart:
Not sure what to make of the confluence, I suppose in the initial wave, if the btc/bch ratio stayed the same, then the waves would have the same fib ratios, but this was over quite some time, so on jan 24th, the ratio was .036, and on the 4th of feb, the ratio was .041
So anyways very interesting, will continue to look for this harmony, and maybe check ethusd next.
Original Experimental Elliot Wave:
Previous Analysis:
Bitcoin CASHGuys, if you like the idea please put like button, this will be the best thanks. Thank you for your support, I appreciate it.
2 scenarios for February 8-10Within two days there will be a powerful movement of 100 + - dollars (25% + -). The graph shows the entry points and goals. All profit.
BCH to around 1500 a real possibility! Traces of trend reversalWeekly candle charts are more accurate than daily candle charts, monthly are better than weekly and so on and so forth. Here we are looking at the monthly. We see something very nice. We see higher lows! It looks like we are on our way to retest 517 (our previous high) If we go over 517 or rather 520 (the crowd likes nice round numbers) then according to the monthly chart we don't have much stopping us getting to the price of between 1348 & 1842. Which would be an insane price jump. Higher lows is good but not a guarantee that the we are in an upwards trend, higher high is a better indicator so we shall wait and see. With the bitcoin halving coming up I speculate we will see a nice jump over that 520 mark and then whatever happens, happens. There is a natural resistance at the 1000 mark. I'm aware of that. Can't wait to see what unfolds.
As always! These are all probabilities and possibilities. Just like in holdem poker AA doesn't always win! But looking at this, I feel like I have a nice hand where Im willing gamble with it. If it doesn't pan out I take a tiny loss and live to play and wait for my next good hand.
Good luck! Be smart and always protect your money at all costs! It is the most important thing you need to learn.
BitcoinCash will crashBitcoin Cash (BCH) experienced a serious mining anomaly today. The network failed to produce a single block in a five-hour period and it didn’t even cause a significant transaction backlog.
***Bitcoin Cash usage is still lagging, show the latest blockchain event, where miners were unable to discover a block for hours. The Bitcoin Cash network returned to regular block production as of 8:00 UTC on Thursday, with a five-hour gap in block production. The event happened after block 620025, and the next block number, 620026, took more than five hours to discover and propagate.***
Are this opportunity for miners to change the game ? To share Mining power to some other networK? Jes it is, if this block lag continue the price will fall down 100%
Short I starts form 395-385
Short II starts from 375-370
LASTCHANCE starts from 355-345
Target price is 300-290
**STOP IT IF PRICE BRAKE 400**
This is not financial advice this is just idea
#BCH - Bitcoin Cash - CleanestBeen a while since I took a look at $BCH but it seems that this one is currently one of the cleanest counts out there.
Here is are my short term and long term counts for #BCH.
Will we see a bull market until the second half of 2020?
#CRYPTO #BCH
Great opportunity coming up Teva is going to hit a major resistance line causing a bounce back making two very high-profit scenarios that can be taken advantage of. I would recommend a entry of $8.50 or higher and an exit with your own judgment and stop losses.
