Finance
Enefit Green (EGR1T)| Technically an Area From Where To Load It.Hi,
One of the most popular stocks from Nasdaq Baltic, Enefit Green, has reached technically an area from where you might want to start building your positions as a long-term investment. Quite stormy and messy times and quite uncomfortable to buy something but in investing, what is comfortable is rarely profitable!
Technical criteria:
1. Strong horizontal price zone
2. Trendline third touch
3. Minor downwards trendline possible retest
4. Short-term channel protection
5. Short-term equal waves from the top
6. Daily EMA 200
Do your own research about fundamentals and if its matches with my TA you are ready to go.
Regards,
Vaido
The Ticking Time Bomb - Debt MarketsIf you ask 90% of people what drives stock prices, most of them will say things like “earnings, PE ratios, forward guidance.” The reality is that none of these things matter today.
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In today's market, factors such as earnings, PE ratios, and forward guidance play almost NO ROLE in the price action of a company's stock. The number one driver of stock prices is the price action taking place in the debt market. In fact, the stock market as a whole derives its value from action in the debt market – meaning that the stock market is a derivative of the debt market itself.image.png
To drive this point home, let's look at what central banks have been doing since the 2008 financial meltdown. They've been artificially suppressing interest rates, and it's worked really well in inflating another huge stock and real estate bubble. Low interest rates that are artificially suppressed by central banks create an environment of risk, as cash is forced into riskier assets such as stocks. This also drives up the price of real estate. In addition, this suppression of rates has robbed savers of trillions of dollars in wealth by keeping savings rates below the actual rate of inflation.
The global inflation and freefalling economy today are a direct result of central banks artificially suppressing rates for years following the last major meltdown.
Central banks are responsible for the global financial and economic systems, both of which are inextricably connected. Moreover, central banks working in concert are deliberately driving the world right into a financial/economic crisis of truly epic proportions.
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Central banks have been deliberately and meticulously working to hyperinflate a global debt bubble. Cracks in this bubble are now beginning to show, particularly in the form of rapidly rising global bond yields. This in turn is putting pressure on global stock prices. It is only a matter of time before an extreme sell-off in the debt market occurs.image.png
But a stock market crash- even one of this size- is the smallest issue. The real problem is a worldwide financial system shutdown, which means ALL TRANSACTIONS STOP. There would be no cash available from banks, credit cards and ATM cards would be unusable, no lending, everything would come to a halt.image.png
Do not be mistaken, central banks are working intentionally towards this inescapable end of the current system(s) only to usher in a new system that they have much more control over where, when and how much of their product Central Bank Currencies ie: ( USD, CAD, AXY, JXY, BXY) you can spend.
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BITCOIN CORRECTION IS ON THE WAY !!!Hi lads. hope you guys are having a great time.
So, as you can see, btc had a massive pump last day. pumped from 19.2k levels up to 21.6k. I predicted the pump in my previous analysis and i was right about it.
But what about now ? i think btc will face a minor correction. this correction could happen from two possible levels.
level 1 : 21.6k
level 2 : 22.1k
BTC can start a correction from one of the areas mentioned above. also i think btc can dump down to 20.5k levels. 20.5k level is a crucial levels for bulls to hold. Any strong buy volume from that area, will lead btc above 23k with in a few waves.
Overall, i am bullish on bitcoin. i think bitcoin will go above 25k soon. but first multiple corrections must happen.
I will post updates on btc.
Dont forget to follow me and also dont forget to like my idea. i would help me a lot.
cheers :)
BTC started the bullish move as i expected !!Hi lads. how are you guys doing ?
So, as you can see, btc pumped above 20k levels after we touched 18.5k level. In my last analysis i predicted a crash to 19.3 - 19k levels and we saw that price lowered to those area as well.
Now im expecting the continuation of the current upward move. there will be some corrections to the downside on the way as usual but the whole scenario is bullish. i think btc will reach these levels : 22k - 24k - 27k. I think btc will see those targets before any lower low happens. i think the lower low (LL) would be around 13k and 15k.
dont forget to like my analysis cuz i will help me a lot :)
love you all :)
This is the chart that I use to trade the NASDAQ100 CFDs.I use hourly range charts to analyse the distribution of the market. Range charts make it easier to see the extremes in the chart. I also look at the time and the range of the hour. Statistically, 61.8% time market should range. Also, the market should stay in the same range 61.8% until the next day or session.
Draw your volume profile.
Mark the time of the day.
Price moves away from the mean as well as moves toward the mean. That is the characteristic of a normal distribution.
S&P500 Bullish patternS&P500 index bulls painted Head&shoulders pattern. After big 25% pullback bulls started to take their positions from $3600 level. Risk ratio 1/2...
Cardano/Ada has a double bottom pattern in hourly timeframeAda has formed a double bottom pattern in 1h time frame. if it
break up its blue dashed resistance, we can expect the price to hit the first green bullish target on the chart.
fails and loses its green support line, we may head to the red bearish target on the chart
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Bitcoin last statusBitcoin is struggling to remove a crucial bearish trend (the orange one) if it succeeds, seeing the higher targets (the blues) makes sense.
if it fails to break up and stabilize itself there, it might end up a strong rejection and breaking down the strong green support zone. in this case, we could expect to see the bearish targets (the red ones).
ADA games startedAda put herself in a difficult process. Region 5156 is in strong support for the island because 2 support points were in joint protection. However, the island broke the support and now entered the key area. Area 5156 is currently the barrier to the island. Btc reaction may take the island to the 5156 region, but as long as spx does not close above 4300 and btc closes above 23500, the island will continue to be stuck between 5156-4904. It has turned into a risky position that requires maximum attention in closings under 4904.
EQUITAS HOLDINGS long swing trade first given the cup & handle
breakout and achived the target of FIB 1
then coming down
for the correction
and now taking support
at FIB 0.5 lavels and also at 50 EMA
from this lavels target
could be FIB 1.618 in
few days
DXY D1 - Long SignalDXY D1
Still quietly confident that the dollar is going to take off upside, it's just a matter of time, the data points released haven't exactly been complimentary, but that being said.
The economic data points have been shaken off and we still expecting a dollar break of 107.00 we can then load up on our USD longs, commodities are still setup bearish, as per the above (and below to follow).
Heavy resistance at 0.012c - expect a short term reset to 0.0083I saw heavy sell orders in Binance around 0.012 mark. Though the sell orders aren't that massive - around 50 million LINA
BTC, SPX RSI shows overbought conditions, a correction is due, this will reset LINA too.
Though RSI shows bottoming process in LINA, the Huobi one is most accurate, because it was listed first over there. Actual price of LINA was 0.001 during listing but we went to
0.021 on listing day then 0.005, this isn't listed anywhere on TradingView.
The supply was three to four times less around 2021 Q1. at 40 M market cap we were around 0.04 price range, now at 40M cap we are around 0.01.
APY fluctuated between 80% at 0.10 and 160% at 0.005, now it is 95% at 0.001, which is still good fundamentally.
GBPUSD D1 - Bullish SetupGBPUSD D1
This is the bullish scenario here on cable, much more fond of the bearish continuation setup. Mileage is much better quantified, trading in line with the trend, general market correlation and the like. However, data has pointed bullish for cable during recent events.
Looking to see this week out and understand where cable and the DXY sits. Then we can resume trading next week. Hoping DXY can get off the ground and push towards 106 again, but we have analysis prepped for both flip sides of the coin.
Gold shorts on the back of USD bulls.Gold H4
Solid response to that $1800/oz price, +100 pips rejected already in quite quick succession.
Hoping to see this pair close with a solid H4 rejection, would be 'golden' to sit on this risk free ahead of US inflation data tomorrow, consensus dropped, but solid chance of outperforming consensus.
Selling pressure for cable as dollar catches bidGBPUSD H4
Monster rejection H4 candle forming at the moment, around 10 minutes until this H4 candle closes. To see this candle close red would be amazing.
Added another entry point short from 1.21, we traded this really well last week down from 1.22 region, these whole number on cable are playing out incredible, and have done for months.