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CXO/CargoX First of July ACI Mandatory in Egypt Update 2Hello, CargoX ( KUCOIN:CXOBTC / KUCOIN:CXOETH ) is still right on track for the mandatory launch of the Egypt ACI System. The candles have finally deviated from the blue arrow predictions. This is an update from my last post on the 2nd of June: Hello, Even with recent price movements of Bitcoin and Ethereum , CargoX ( (CXOBTC*BTCUSDT+CXOETH*ETHUSDT)/2 ) has been able to keep the price stable / rising. After some analysis I figured the best way to look at its price was via USD as the coin will be bought by business for a set price in dollars. Egyptian government announcement about CargoX and ACI system: www (dot) nafeza (dot) gov (dot) eg/en/site/aci-details The upcoming event, Lets look at some numbers: Egypt has an yearly average container port throughput of approximately 6.5M TEU Lets take the conservative estimation that import/export is about 50/50; However, this source leans to more import than export: 3.25M TEU Yearly; About every 1.45 TEU requires a Bill of Lading document which costs 15$ worth of CXO: So about 2.275M BoL yearly with a total cost of: 34.125M dollar. Currently the whitepaper of CargoX states a 70% burn rate: Thus 23.9M dollar worth of CXO burned every year. Every year. From Egypt alone. With these estimates CargoX is looking to have a very bright future, together with those who are holding the token. Please let me know your thoughts about the estimation. Sources: Yearly TEU Egypt: www (dot) ceicdata (dot) com/en/indicator/egypt/container-port-throughput Import/Export: unctadstat (dot) unctad (dot) org /countryprofile/maritimeprofile/en-gb/818/index (dot) html Price BoL: help (dot) cargox (dot) digital/en/user-manual/documents-and-pricing/pricing-policy/#pricing-example Burn rate / Bluepaper: (Burn rate: cargox (dot) info/files/CargoX-Business-Overview-Technology-Bluepaper (dot) pdf )
CLong
by FisherBob
1
CXO/CargoX First of July Mandatory in EgyptHello, Even with recent price movements of Bitcoin and Ethereum, CargoX ( (CXOBTC*BTCUSDT+CXOETH*ETHUSDT)/2 ) has been able to keep the price stable / rising. After some analysis I figured the best way to look at its price was via USD as the coin will be bought by business for a set price in dollars. Egyptian government announcement about CargoX and ACI system: www (dot) nafeza (dot) gov (dot) eg/en/site/aci-details The upcoming event, Lets look at some numbers: Egypt has an yearly average container port throughput of approximately 6.5M TEU Lets take the conservative estimation that import/export is about 50/50; However, this source leans to more import than export: 3.25M TEU Yearly; About every 1.45 TEU requires a Bill of Lading document which costs 15$ worth of CXO: So about 2.275M BoL yearly with a total cost of: 34.125M dollar. Currently the whitepaper of CargoX states a 70% burn rate: Thus 23.9M dollar worth of CXO burned every year. Every year. From Egypt alone. With these estimates CargoX is looking to have a very bright future, together with those who are holding the token. Please let me know your thoughts about the estimation. Sources: Yearly TEU Egypt: www (dot) ceicdata (dot) com/en/indicator/egypt/container-port-throughput Import/Export: unctadstat (dot) unctad (dot) org/countryprofile/maritimeprofile/en-gb/818/index (dot) html Price BoL: help (dot) cargox (dot) digital/en/user-manual/documents-and-pricing/pricing-policy/#pricing-example Burn rate / Bluepaper: (Burn rate: cargox (dot) info/files/CargoX-Business-Overview-Technology-Bluepaper (dot) pdf)
CLong
by FisherBob
BEWARE ON STRONG RESISTANCE PULLBACK - ADIB - 30 MN - IDEAThank you for your likes and shares! Much appreciated! __________________________________________________ Abu Dhabi Islamic Bank sees a range forming after a long fall. Very little chance of rapid recovery. ADIB have strong probability to come and test the red strong resistance line. Beware on pullback down on that line. If the market breaks the resistance, there is a strong probability of profitable long direction profitable trade. Wait for the market to break its actual range before any entry and follow the trend after nice candlestick showing break of ADIB actual very narrow range.
EGX:ADIB
by Diallo_Charts_Ideas
SWDY Analysis (ELSWEDY ELECTRIC)To consider buying EGX:SWDY I think it would be important to have the market breaking above the black line and closing considerably above the 10 in an upcoming day (Above the green rectangle ) .It would very likely then to continue up to around the 12.5-13.5 area (first blue rectangle) with a potential to reach the 16-17 area at the second blue rectangle . For the days to come it would be interesting to watch If EGX:SWDY is strong enough to remain above the green line and close above the red rectangle area .That might indicate a potential future break above the black line and the 10 mark which I think is important before considering to buy. A significant close below the 7 would mean that it is likely to go down further to the 5.2-5.8 area.
EGX:SWDY
by StockAnalystPro
2
BTCUSD | NineAbridged process... 1. Square chart using Thales Theorem 2. Generate perspective Gann Box from unit triangle 3. Locate wheel center (action pivots) from unit circles (support and resistance) 4. Find confluence through convergence (confirmation) 5. Generate pyramid to identify anchors above and below price action (as above, so below) 6. Create mirrored fans (support and resistance level) then put it all together Pretty picture, Not trading advice PS: Don't forget about the upcoming Super Moon and Eclipse
COINBASE:BTCUSD
by csa3d
2
Bargain at 30p levels - Undervalued - Revenue making - BULLExtremely bullish here & been waiting for months for this opportunity to buy down here. Bought at 30.4p & will buy more if I get an opp at 29p-30p Bullish divergence on RSI. Resistance becomes support in most plays even if it takes a few weeks/months. 44.2p - 57p next resistance. Longer term will be more as this is a revenue growth making company. Sorry for format copy paste wrong but here is the values for last years. $53.7m revenue $34.3m EBITDAX $36.2m cash generated Fully cashed up with $17m & $10m facility (undrawn) South Disouq coming later this year. Easy profit to be made from this levels. Three months ended Twelve months December 31 ended December 31 (audited) US$ million, except per unit 2018 2017 2018 2017 amounts ---------- --------- -------- -------- Net revenues 13.8 11.0 53.7 39.2 ---------- --------- -------- -------- Netback(2) 10.4 8.5 41.7 28.9 ---------- --------- -------- -------- Net realized average oil price/service fees - US$/barrel 59.07 54.39 62.43 46.70 ---------- --------- -------- -------- Net realized average Morocco gas price - US$/mcf 9.78 9.72 10.33 9.51 ---------- --------- -------- -------- Netback - US$/boe 28.94 28.26 32.01 24.47 ---------- --------- -------- -------- EBITDAX(2) (3) 7.1 8.0 34.3 21.4 ---------- --------- -------- -------- Exploration & evaluation expense ("E&E") (0.2) - (5.7) (0.2) ---------- --------- -------- -------- Depletion, depreciation and amortization ("DD&A") (6.3) (4.8) (17.3) (17.8) ---------- --------- -------- -------- Impairment expense (3.5) - (3.5) - ---------- --------- -------- -------- (Loss)/gain on acquisition - (4.7) (0.2) 29.6 ---------- --------- -------- -------- Total comprehensive (loss)/income (4.0) (3.4) 0.1 28.3 ---------- --------- -------- -------- Net cash generated from operating activities 8.9 15.1 36.2 21.6 ---------- --------- -------- -------- Cash and cash equivalents 17.4 25.8 17.4 25.8
LSE:SDXLong
by vcm11
13