Cloud
#litecoin - $100 remains level to break "3D"Litecoin is struggling to hold itself above a key support level around $90. LTC did not manage to hold the $100 mark, which has been tried and failed. If the 3D is going to close below this level tomorrow night, the picture is going to change to more bearish, possibly heading down to labeled supports. The Key-Leadline is broken and tested several times from below. Litecoin needs a serious push from wherever to save this, otherwise the Yearly Pivot seems out of reach for the near future.
Next support would be in the $70 area. Cloud is almost turning bearish, and Litecoin should not enter it.
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Warm regards,
Neru
MSFT CEO Calls It New “Commercial Cloud”Year over Year growth is higher and sure to garner some High Frequency Trader attention. Sometimes a huge final quarter is last hurrah for business cycle. This is a favorite stock with Retail Traders.
We could see GBPJPY long this weekAs the moving averages of the Ichimoku are coming together building support, GBPJPY could be long this week. Most of the smaller time frames are above the cloud. Therefore, a buy or long is getting ready to setup into play.
Intel gobbles up Barefoot (cloud flexibility platform)I have always been grateful to have knowledge in both tech and finance.
To be able to Forex EMA 8,12,15,20,25,50 swingtrade & to be able to understand the tech behind the market.
People might read this headline in think so what big deal?
People have no idea the significance that cloud storage (specifically a platform that’s multifaceted, flexible, fungible , scalable, user-friendly and is garnering a massive buzz in the tech circle in Silicon Valley.
If you ask me this was a poor move; rather a cowardly one on the developers of barefoot. Unless one of their family members got a terminal illness and they needed money for medical bills or there’s some exigent circumstances that required them to need a large sum of money ASAP , selling Barefoot While still in its infancy is perhaps the stupidest move they could’ve done....comparable to Gates selling Microsoft IBM in 1988 or Zuckerberg selling FB to Microsoft in 2006— granted Microsoft and Facebook are much wider in terms of user base and market cap however with smartphones costing as little as three dollars in 3rd World poverty-striken, remote regions in Southeast Asia/India (courtesy of the American consumer) upgrading their iPhones every year so that they could refurbish our old iPhone 1-3 for practically pennies and that coupled with India’s most wealthy billionaire and venture capitalist/entrepreneur (as well as patriot to his nation) being a real estate mogul has made a massive investment in his country to install seven 4G Wi-Fi towers with a radius of 15 to 20 Km & putting them in the most densely populated regions of India... he is not only investing in his nation; He is modernizing India as a whole.
Some of you might not be old enough to remember the dreaded AOL dial-up robotic sounds or the 2 FPS bandwidth it came with (My God it makes me cringe thinking of how mining Cryoto on dialup would’ve been lmao) my point being:
They do not have to climb the rugs at the ladders from Dialup-broadband-1g-2g-3g-4g but with the $4 billion dollar investment in infrastructure ushering in the implementation of the cell giving the worlds worst second populous nation towers, he’s not only giving the worlds worst second populous nation—over 1 billion people (700 million of which are all within the range of each tower strategically placed by engineers, meteorologists, architects, sociologists & consumer based economic analysts to maximize user base and efficiency.
Just like that overnight india goes from having no cell phones to having 4G smart phones and this is something that is not widely discussed but really should be as the east will be the sole determining factor in the future of the crypto market.
One out of three people do not have a bank account on earth. When you narrow the region down to the south east Asia/India you’re talking 1/2 with no access to digital payments yet very much a need to use them just like the rest of us.
This is my argument and I stand by it for why I believe Omisego will be a game changer in 2020.
They are just now toying with their phones; playing Angry Birds, Adopting social media and finding their footing...It’ll be absolutely no time before they discovered Crypto and once they do you’re talking Roughly 3.5 billion people who do not trust the financial Infrastructures nor the governments at all.
What do you think they will do when they find out they can be their own bank? More so what do you think they’ll be inclined to do with they find out they could do it ANONYMOUSLY? I’ve visited Mumbai for a brief time circa 2014 & It was absolutely mind boggling to see bazaars & makeshift tents with merchants and consumers alike holding live chickens over their heads & bartering/paying for all goods with a QR code on the fabric of the tent.
Why do child soldiers exist in Africa? (Somalia, Libya, Nigeria, etc.) It was a rhetorical question.
The answer is because you could buy an AK-47 at any age from anyone for the cost of a fast food meal ($2-4) & when munitions are cheaper than food,
People will buy them and use them to kill others to steal food.
Without straying too far from the argument the point here is that much like ANY revolution be it the Internet, smartphone, social media, or financial...India will rapidly see a surge in GDP & much like Xi did with modern China, at least half 1 billion people will be lifted from poverty to middle class.
What this means for global markets is contingent of the Geo political situation when all is said & done.
What this means for the global Crypto markets is a massive parabolic bullrun. I’ve said it many times on Twitter (and other platforms) throughout the past 3 years since we begin our decline into cryptowinter...once we reach $100,000 on BTCUSD there’s no going back & it will only start early but slowly climb from there.
To be honest it might even be sooner because after half a decade of insider trading & Wells monopolizing pump and dump schemes, unfortunately.
That will be the threshold where price action cannot longer be manipulated as the minnows collectively will always determine market outlook and the whales have no choice but to go with the flow.
Anybody that’s “too big to fail” I.e. Rothschild Goldman Sachs JP Morgan Citibank Lehman Brothers & Wells Fargo (among others) Has already bought around 3700 bottom and this is not my opinion just go on the Blockchain network and look at the wallets with the biggest holdings in the top 10 market cap.
The very fact that they have had their entries for over 140 days and are still HODLing despite any selloff or reversal suggests that they took a “If you can’t beat them join them” approach after Trying to disparage / suppress crypto for over a decade starting with the silk road scandal.
But let me get back to the topic at hand. Intel is already a major tech hardware and software conglomerate. This acquisition was perhaps the smartest move on their part although if they waited a couple months they probably could’ve gotten it much cheaper nevertheless it will still pay off tenfold as they have major issues with data compression...
Apps and services like dropbox or Google Drive will be obsolete as intel finds a way to combine both their hardware and software from Barefoot to create data sets compiled into fractions of a megabyte. There are more reasons than I could list as to how this will change the game for one and perhaps most obviously, there will be no data plans.
Your phone bill price will fluctuate based on (presumably) bandwidth, As phones at 2025 and forward will be advertised NOT for the amount of data they could hold but how quickly they could process it.
Now this is still at least a decade away; but intel just made a huge move and you know the expression “buy the rumor, sell the news” and so a beautiful short position entry on intel is probably a good idea.
Let me emphasize why I believe it would be better to go short—I’ve dealt with this type of News time and times again.
There’s two types of headlines that could impact the market:
1) ASAP news (I.e. trump tweets “I am putting a 50% tariff on the entire world” which would probably send the market in a death spiral and
2) Patch/upgrade news (i.e. an announcement has been made; though practically irrelevant in terms of how it will be used in the company in the case of the intel acquisition— Just the news alone will spin the market to #FOMO.
This brings me to why I suggest a short position because after we see our upswing/growth from this acquisition news by intel and Barefoot; Almost immediately after you’re doomed to see a bunch of greedy shorts who will then start a dominos effect causing massive FUD & a sell off will ensue...afterwards a bunch of greedy folks will try to take advantage of said selloff by making a huge entry before consolidation.
I’ll be the first to admit I am no stock guru by any chance, yet I am a crypto wiz and when it comes to reading charts, indicators do not discriminate nor give a shit what it is.
Beit a currency, equity, bond stock, crypto; it makes no difference. Burkowskis DBL bottom will always result in the same chart pattern & The only difference being volume/mkt cap this timeframe.
So in summation for you “TLDR” folks out there —
intel just made a huge game changing cloud flexibility acquisition that will strengthen their market outlook for atleast a decade to follow.
India will contribute immensely to the global markets within the next year & if you can forex trade stocks, you can forex trade crypto and vice versa.
It’s just a bit harder with Crypto because everybody knows what Samsung & SIRI & Viacom does: nobody knows what the roadmap/whitepaper for Iota is. In addition to having to learn the tech behind the market cap tokens and coins, cryptocurrencies are the wild west of Wall Street in a global market that never closes.
I’ll admit at first I was a bit intimidated to branch out to nyse & Wall Street; yet after trading crypto from Q1 2014 to Q2 2016, I figured I would start with baby steps and so I branched out to first other currencies. Then commodities . Then bonds. Those stocks and I pretty much straight trade everything.
Institutional Wall Street investors with over 20+ years experience will resent me for saying this but the truth hurts: Forex trading crypto is like riding a mountain bike on gear 10 up Mt. Everest in a blizzard.
In comparison, to go & start trading on Wall Street/ NYSE , it felt like riding a 4 year old toddlers bicycle with training wheels on flat terrain....
So even though these wall st fat cats will never admit it— they envy us for we can do what they can and they can’t do what we can.
Research research research!!
If a bachelors degree is 248 accredited hours towards a specific field/subject and you spent 16 hours a day seven days a week for four years straight amassing > 3000 to 4000 hours of Self education and I’m talking rigorous off education it’s not for everyone for some people cannot teach themselves and that’s OK.
Hate to hit you with another cliché but knowledge is power.
We all have our strengths & weaknesses. Mine? I am a socially awkward geek loser with 0 friends. But I’m okay with it. I have my girl I have my family and I have my kitties and that’s all I need.
With that being said— Do not pursue this career choice as a Forex trader ( esp wit crypto) If you are is it for just the money. You will never win it that way.
If this isnt for you; cut your losses and find your niche, then go all in on that. Not only will you be up much happier person your quality of life will improve but you will also be successful. I promise you.
So that’s it for Tuesday mornings lecture as the morning bell has rung. Let the games begin!
Safe trading everybody. Peace & Love.
-@a1mTarabichi
Sia -The only truly decentralized cloud storage -update inc!A new update is just behid the door. I'm not telling that we are going to the moon right now, but Sia already reached its bottom and started new uptrend, which can be slow and steady but also there is good opportunity for some massive growth/pump at this point (negligible resistances, good BTC position, new Sia update - this all may bring us to 300-500% very quickly).
The new update will move Sia one more step closer to become the only fully decentralized cloud storage. Sia team is working very hard to reach their visions and the progress is awesome. The future is very bright for Sia. For this price SC has very good R/R ratio.
A few informations for people who don't know what Sia is about:
- Sia is decentralized, encrypted, peer to peer cloud storage platform. It is encrypted, multiplied, chopped into little bits, and then all those little bits are sent around to a bunch of different hosts. When you want access to your file, the appropriate bits are recompiled and you get your file.
- Sia has reduced overhead dramatically by building the framework and outsourcing the storage to anyone with an internet connection and a hard drive. That’s why it can charge a much lower fee. They multiply the bits in case a node holding a piece of your file happens to be offline.
- Unlike most new coins, the Sia team chose not to hold an ICO. Instead, Sia began life when its genesis block was mined. This is very unusual in the cryptocurrency world. However, so far this has seemed to work out for Sia. Thanks to prominent investors such as Fenbushi Capital, Raptor Group, Procyon Ventures, along with angel investors like Xiaolai Li, the Sia team managed to raise over $1.25 million in funding without an ICO.
Just imagine if any big company (paying big fees for data storage at this moment + dependent on 3rd party which can crash or whatever) starts using this technology to pay X times less fees and become fully independent.. Think about it and possibly you come to the conclusion that maybe there won't be better time to jump in than RIGHT NOW!
A look at 4 hr BTC (XBT) 5/31/2019Thoughts are on the chart. We broke out of the cloud again. Bitcoin is bullish. Even the cloud cant keep the price from rising.
BTC attempt to break resistance failed The candles clearly attempted to break above this resistance area 2 times. The second time it failed and fell down to the cloud.
AMD Rising Wedge, But bullish Ichimoku (2 Day)AMD right now is creating a rising wedge. This should break to the downside, however the ichimoku is currently very bullish. I predict that AMD goes to $32 ish, and has a dump, possibly all the way down to $12-$13, or even $6.
Bullish Signals:
Price moves above cloud (trend)
Cloud turns from red to green
Price Moves above the Base Line (momentum)
Conversion Line moves above Base Line (momentum)
No one shorts Mdb and lives to tell it's tale.lol, honestly, I don't even dare to short mdb.
However if i were to start a position, it would be at $150 because the latest analyst pt was around $150s, and the RSi is just so high already, it's gotta reset a bit.
But if there's one stock that doesn't give a shit about the market condition, or spy. that would be MDB.
Literally the only stock to be buying the fucking dip.
Short at $150.
stoploss $151
take profit $147.
Long - Take-Two Interactive (TTWO)- NASDAQ:TTWO broke above a falling wedge pattern in place since last summer
- Prices are trading above their 20-day and 50-day EMA
- MACD finally turned positive
- Huge opportunity with Google's new gaming streaming service, Stadia, which allows developers to create games on the cloud while bypassing the higher barriers of entry (consoles & graphic cards)
- Target is set at an overlap level the 200-day EMA (20%) with a stop-loss at the low (8.25%)
Long - Activision (ATVI)- NASDAQ:ATVI broke above a falling channel in place since November
- Prices are trading above their 20-day and 50-day EMA
- MACD finally turned positive
- Huge opportunity with Google's new gaming streaming service, Stadia, which allows developers to create games on the cloud while bypassing the higher barriers of entry (consoles & graphic cards)
- Target is set at the gap near the 200-day EMA (17.5%) with a stop-loss near the 20-day EMA (8.5%)
What the current $OSTK impulse wave might look likeTo understand the recent low volume selloff take a look at a Bitcoin chart. The price has seen a corrective move back to support. While OSTK is highly volatile this price level will likely hold before the next leg up to $24.80 - $25.00.
The Tenkan and Kijun cross, the could flip as well as the demonstrated cloud support are all bullish indications.
Healthy traffic levels on overstock.com over the last quarter are likely to have a positive impact on the upcoming earnings report along with progress made by several of the Medici Ventures brands in their markets of tokenized securities, land titles and voting on the blockchain. Short interest is maxed out.
The possibility of an announcement this month or next having to do with the sale of the retail operation coupled with the possibility of a venture capital investment in their blockchain startups gives OSTK a lot of upside potential and the market is taking notice.
USD/CHF 60 PIPS Short Reasons why to short USD/CHF:
Parabolic SAR Indicates a Parabolic bearish reversal in price
Cloud breakout at the major resistance zone indicates sell pressure and more proof we are going to reverse because the previous cloud breakout at the major zone also indicated a sell off.
We broke the trendline and good selling support has shown
ATR indicates a rise in volume anytime soon which means big movements
DXY Looks Bearish
Reasons why to go long on USD/CHF
DXY looks Bearish but news can cause a bullish legg on the upside to 97.00 Area
Because sometimes unlogical movement in the market is logical movement, banks playing around.
GBP/USD 80 PIPS Short position Update (Messy Chart but it works)Just wanted to share this amazing position i took,
I shared this in my signal group.
Hit me up in private if you want to join <3
tomorrow important day for SPYLag line coming up to the cloud, we didnt get 3 green candle confirm once we broke through so the next real test is the lag line meeting cloud.
Either we fall back down to cloud and the futures will pinch, or we get a real confirm out of the lag line and we're back to buying calls.
MDB - off 18% on AMZN news offering like data servicesMongo DB is off 18% this week due to Amazon making announcement they will offer similar cloud data services.
Watch for basing at 74 back up to $80 on fib retrace on next week. MACD showing blue crossover this week.
MDB
AMZN
Area of confluence - ShortFor confirmation daily RSI needs to stay below 50.
ATR right now equates to about 3%. Stop is a little tight for that. Something to keep in mind and reflect on later.
Shorting one of the names that has held up well is probably not the best choice for capital allocation however.
Im sure some sort of cipher or bat pattern could better pick a target.
NTAP: Earnings Stock of the Day NetApp was one of the earliest companies in Cloud Technology. It had a stellar rise in price in 2018 but is now at risk of a topping formation. Data Storage is still a growth sub industry of the Cloud Industry. However, NTAP has gone beyond its fundamental values for 2019. Support levels are on the chart. Bounces should be expected around these price levels. This is an incomplete top. The stock could move sideways in a trading range rather than down. To sell short, the stock must break to the downside from here.
AKAM - AKAMAI Technologies Cloud and Blockchain needing CloudAKAM
The Akamai network has an inherent advantage running a distributed ledger in blockchain per JPMorgan 11.9.18 article.
Currently has shown trend of large spike investment last 3 quarters and in 1w chart shows near CCI entry, while day chart is not indicating same. Watching.
IBM is the largest patent filer in blockchain technologies, however has never been a good stock to own. It likely is best when it splits itself up.
Blockchain as an operating system would be more cybersecure than IOS and MS Windows and future tech worth watching for and will be 10x what MS growth was.
Food-tracking, financial transactions, faster payments, all part of blockchain value streams, however currently uses more energy to process/handle than spent on
mining energy globally as a bit of sad news with blockchain / crypto.
Twilio - entry at 63.44-63.50 areaTWLO TWLO has been oversold and great day momentum trade. Looking for resistance below current price around $63.50 area.
Market Cap is higher than Enterprise value, but the world is going to need more of what they offer....6.47B vs 6.1B.
VIX Rult #1
VIX Rule #2, don't forget Rule #1
VIX Just reminding you
About; Twilio Inc. offers Cloud Communications Platform, which enables developers to build, scale and operate real-time communications within software applications. The Company's platform consists of Programmable Communications Cloud, Super Network and Business Model for Innovators. Its Programmable Communications Cloud software enables developers to embed voice, messaging, video and authentication capabilities into their applications through its Application Programming Interfaces (APIs). Its Programmable Communications Cloud offers building blocks that enable its customers to build what they need. Its Programmable Communications Cloud includes Programmable Voice, Programmable Messaging, Programmable Video and Use Case APIs. The Super Network is its software layer that allows its customers' software to communicate with connected devices globally. It interconnects with communications networks around the world. Recently partnered to provide narrow-band IoT for lower cost cellular services.
Recently acquired SendGrid
When will bigdata give positive earnings, think Google turning profitable...
Potential H&S bottom on Cloud Peakbull case for coal stocks, with rising exports/rising gas prices/cold winter forecast.... May '19 target of ~$7 at the neckline
