The Ethereum is money of the futureAt the monday we will check the unemployment rates and it will be high.
The first week will be almost calm, but when the people will see the government can't do anything with it or release carantine from the economy - it will produce new wave of COVID sick and new panic wave at the finance sector.
The highest pick of COVID would be at the middle of the may.
Also BITCOIN hardfork, and the planning Berlin hardfork at ETH Summer 2020.
All this point soon fall of the eth after the little growth in the correlation of the bitcoin.
I think the whales will take their positions at 50-60$ per ETH
Be calm, save your money, keep bright
Crisis
Historical breakdownEURUSD historical breakdown anatomy.
That trendline channel accurately connects historical lows going back to the launching of EURO in 2000.
The rest of tools used are static and plot automatically ahead of time. It is remarkable how price responded to those pivot and IB levels.
For educational purposes only.
USOIL - It is time for the next bullmarketHello everyone, first of all, we have been in such a long bear market, since July 2008 147$, we haven't made a new higher high, but we managed to make lower lows, which means that we are currently in a 12 year bear market. We have been moving inside a falling wedge, and even though we could go to the top of the wedge and then make another fall like the one we had now, I really don't think we will fall again to 10$ . We fell so much, because of the virus, that caused the lockdown, the price war between Saudi Arabia and Russia and also the fact that we are in a 12 year bearmarket, made the effect even more devastating. Such events happen probably once in a lifetime, so because of all those reasons, I do think that we have reached the bottom at around 10$-13$ and that we will break through the falling wedge and make higher highs and go into a bullmarket. Good luck to everyone!
USOIL - This is the bottom!Hello everyone, first of all what a time to be a trader and investor! USOIL has reached the lowest support levels it has ever reached in history! We have 3 level to look out for the big bottom. The first is 13.60, which we have already hit. The thing is that I think that we have a little bit more space to move to the downside, judging by the RSI. I think the most likely supports for the bottom are on the chart, these are supports, that have been previous bottoms and I really doubt we will reach bellow 10$. I do think that the bottom is going to be today, because with this much selling, I just don't see a big player or anyone selling at -25%, given the price we are right now. This is just my opinion, I think that even if you buy now, in a year time, everyone will envy our chance to buy at 13.80$ WTI.
UNDERSTAND THE EURODOLLAR!THE EURODOLLAR FUTURES CONTRACT REFLECTS THE L.I.B.O.R. INTEREST RATE (A BENCHMARK FOR THE INTEREST RATE AT WHICH MAJOR BANKS LEND TO EACH OTHER)!
WHEN THE PRICE OF THE CONTRACT INCREASES, THE L.I.B.O.R. INTEREST RATE IS DECREASING, WHEN THE PRICE FALLS, IT IS INCREASING!
THE PERIOD I HAVE HIGHLIGHTED IN THIS POST IS THE PERIOD OF DOLLAR ILLIQUIDITY THAT OCCURRED IN THE LATE 00s-EARLY 10s!
AS THE FEDERAL RESERVE INTERVENED AND PROVIDED LIQUIDITY, L.I.B.O.R. WAS SUPPRESSED, AND THE SIZE OF THE INTERVENTION ALMOST PUSHED THE RATE TO 0!
THE SIZE OF THE INTERVENTION IS IMPORTANT IN THAT IT REFLECTS THE SIZE OF THE PROBLEM, INDICATING THAT THE GLOBAL LACK OF DOLLARS WAS SEVERE!
WHILE THE INTERVENTION SUCCEEDED IN SUPPRESSING L.I.B.O.R. OVERALL, THERE WERE SEVERAL PERIODS DURING WHICH THE LACK OF AVAILABLE U$Ds CAUSED LENDING BETWEEN FINANCIAL INSTITUTIONS TO CONTRACT, INCREASING L.I.B.O.R., CAUSING A NUMBER OF PROBLEMS AND FORCING FURTHER ACTION BY THE FEDERAL RESERVE!
THE 2008 GLOBAL FINANCIAL CRISIS WAS NOT NECESSARILY CAUSED BY A REDUCTION IN U.S. HOME PRICES, BUT BY A SYSTEMIC BANKING DOLLAR SHORTAGE!
THE LACK OF U$Ds REMAINS, AND HAS EVEN INCREASED, HOWEVER ENTIRE NATIONS ARE AT RISK OF SUFFERING THE CONSEQUENCES, NOT ONLY THEIR BANKS!
NOW THE IMPORTANT QUESTIONS ARE:
1. IS THE GLOBAL ECONOMY NOW DEPENDENT ON THE FEDERAL RESERVE PROVIDING NEW U$Ds TO AVOID A COMPLETE DEFLATIONARY COLLAPSE? (MOST LIKELY YES)
2. IS THE FEDERAL RESERVE ABLE TO SATISFY THE INTERNATIONAL DEMAND FOR U$Ds, NOT IN TERMS OF AMOUNT, BUT IN TERMS OF DEPTH, REACHING FINANCIAL INSTITUTIONS AND CORPORATIONS NOT DIRECTLY TIED TO THE MAJOR U.S. BANKS? (QUITE POSSIBLY NO, BUT THEY WILL TRY THEIR HARDEST)
3. IF WE ASSUME THIS IS THE DEATH RATTLE OF THE DOLLAR'S WORLD RESERVE CURRENCY STATUS, WHICH IS THE MOST LIKELY OUTCOME, THAT IT IS INFLATED AWAY OR THAT IT IMPLODES ON ITSELF? (I WOULD ARGUE GIVEN THE FED'S ACTIONS, THAT IT WILL BE INFLATED AWAY)
4. REGARDLESS OF HOW THE LOSS OF RESERVE CURRENCY STATUS OCCURS, A CONSEQUENCE OF THIS PROCESS WILL BRING ABOUT A COMPLETE SELL-OFF IN THE U.S. TREASURY MARKET, FORCING THE FEDERAL RESERVE TO COMPLETELY MONETIZE THESE BONDS TO PREVENT INTEREST RATES FROM RISING: IF THIS UNFOLDS, CAN ANY OTHER POSSIBILITY BUT HYPERINFLATION BE CONSIDERED? (NO)
GLOBAL EQUITIES BULL TRAP | FURTHER DOWNSIDE EXPECTED
Often in downside and upside moves of large magnitude, a phase is present where a large correction occurs.
This is known as a Bear or Bull trap, respectively.
It is reasonable to say that we could be in a bull trap right now with stocks up by almost 30%
An average market cycle high to low has been in the region of 50-60%. This would bring price to strong support and a reasonable area for a rebound (Buy Zone)
This assumes that this downside cycle will be of the same level or worse than the previous downside cycles.
The reason for such an expectation is due to the extremity of Covid-19 in terms of unemployment, trade, demand shock and other macro-economic metrics/indicators.
Also the fact that the pandemic indicates a more longer/severe cycle due to the nature of the event being so complex and impactful.
VERDICT: Signs of a bull trap are becoming increasingly more noticeable and this, along with the extremity of Covid-19, indicates that the crash is expected to continue further.
S&P 500: Is It the Time To Invest or Will The Crisis Continue?Hi guys, this is a continuation of my previous idea:
Here is a more in-depth multitimeframe analysis, starting on the monthly:
1. bearish divergence
2. broke level but reintegrated above it
3. Since 2009 subprime crisis we always stayed above RSI 40
4. If we did broke below this level it would have meant a bigger market amplitude.
This means we didn't get the long term sell signal yet, here on the monthly.
Did we got out of a crisis situation ? Still not.
On a weekly timeframe:
1. Again a Beautiful divergence
2. We are hitting the bottom area
3. Salvage rebound
Now if we retrace the drop, we see that we are now around a .382
2H is the chart we want to keep an eye at for short term buy signals.
There is a possibility to continue the rebound a bit but to me it is too risky.
I want to see more strengh than in this red circle. We are playing against the global trend...
We will not see the end of the crising until the lockdown is released and economy restarts.
Until then, we can expect everything to happen.
For investors, patience will be key. If you think this is a life opportunity, alright. I'm staying cool for now personaly, I'll wait.
We see the FED and institutions BUY A LOT to sustain the markets. The question is: after this crisis will the markets still be here?
$EVBG can fall in the next daysContextual immersion trading strategy idea.
The demand for shares of Everbridge looks lower than the supply.
The company provides event management software.
Due to the spread of COVID-19, the demand for the company's services fell.
This and other conditions can cause a fall in the share price in the next days.
So I opened a short position from $97,90;
stop-loss — $102,75.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
$FVRR can rise in the next daysContextual immersion trading strategy idea.
The demand for shares of Fiverr International looks higher than the supply.
The company operates an online marketplace worldwide. Its platform enables sellers to sell their services and buyers to buy them.
Due to the spread of COVID-19 and lockdown, the demand for the company`s services rose.
This and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $29,99;
stop-loss — $28,65.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
$LVGO can rise in the next daysContextual immersion trading strategy idea.
The demand for shares of Livongo Health looks higher than the supply.
The company provides an integrated suite of solutions for the healthcare industry.
Due to the spread of COVID-19, the demand for the company's services rose.
This and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $29,35;
Information about take-profits and stop-loss will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
$MGM can fall in the next daysContextual immersion trading strategy idea.
The demand for shares of MGM Resorts International looks lower than the supply.
The company owns and operates an integrated casino, hotel, and entertainment resorts.
Due to the spread of COVID-19, the demand for the company's services fell.
This and other conditions can continue to cause a fall in the share price in the next days.
So I opened a short position again from $10,49;
Information about stop-loss and take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
BTC/USDT TIME NOW TO BREAK 8K+? PUBLIC EYE ON CRYPTOCURRENCY?Hello traders.
Small update.
Noticed smaller timeframes produce rapid patterns that could indicate the reversal from our last low confirmed for the halving. Crisis could very well produce a much bigger pulse in this market causing a bigger reaction for the halving event.
The Nasadaq Looking very Promising for shortMonthly Chart :
The price broke down the MUT (Major Upper Trendline) what lasted for 10 YEARS :
Moreover, The Price found Resistance on that MUT, and on the old Resistance Area between 186-192.
Note the Weekly Chat :
When you move into Daily Resolution , we can see clearly how the Buyers Failed to hold the Price above the MUT , and therefore, showing weakness :
Shorts can be launched at the current trading zone. But we have to calculate the risk in relation to the coming week open
The Main Profit Taking Target is - 143
The Corona Crash was just the beginning of a deflationary phase.Short-term: We will probably see the beginning of market stabilization next week.
Midterm: The shareholders have already been able to predict the crash. The unemployed news will not lead to another drop
Long-term: It will be similar to the 1929 financial crisis. A deflation that will go on for several years. Government inflation is unlikely to stop the case.
We can only believe in God ...
$UBER can fall in the next daysContextual immersion trading strategy idea.
The demand for UBER's shares looks lower than the supply.
Due to the spread of COVID-19, the demand for the company's services fell.
This and other conditions can continue to cause a fall in the share price in the next days.
So I opened a short position again from $23,45;
Information about stop-loss and take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
$KWR can fall in the next daysContextual immersion trading strategy idea.
The demand for Quaker Chemical Corporation's shares looks lower than the supply.
The company operates as a chemical products company.
Due to the spread of COVID-19, the demand for the company's services fell.
This and other conditions can continue to cause a fall in the share price in the next days.
So I opened a short position again from $110,94;
Information about stop-loss and take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
$NET can rise in the next daysContextual immersion trading strategy idea.
The demand for Cloudflare's shares looks higher than the supply.
The company operates a cloud platform that delivers a range of network services to businesses worldwide.
Due to the spread of COVID-19, the demand for the company's services rose.
This and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $24,01;
Information about take-profits and stop-loss will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!