Finance
Capitec Analysis Another positive week for Capitec as we race to the R 1300 share price.
Seems that it is on its way to pre covid prices and hopefully the share price can grow from there. Long term still looking very strong and this minor dip could be a good opportunity to increase shareholdings.
Im terms of numbers, for now we are looking to comfortably surpass R 1300, with the eventual goal being the peak at R 1500.
LONG YFI - yEarn.finance - Oversold with Positive DivergencesLONG YFI - yEarn.finance is a decentralized asset management platform that has multiple uses ranging from liquidity provision, lending, to insurance. The most prominent product in its ecosystem is Vaults which maximize users' yields by through various yield farming strategies proposed by the community.
Token
Yield Aggregator
Decentralized Finance (DeFi)
Governance
Yield Farming
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EURAUD H1 - Long Trade SetupEURAUD H1 - More of a diagram than a technical analysis piece! But this is something we would typically be looking for, a break of structure, a break of sequence, everything is sequential, and a break (reversal) and retest (confirmation) is required to get on board in the change of sentiment!
EURAUD H4 - NEUTRAL RANGEEURAUD H4 - Broken below support at 1.65, sold off towards 1.63250 and retesting 1.65 again, zones holding nicely, pushing up to 1.65500 and rejecting could be going. This could show us trading back between major resistance and major support. This range covers circa pips, and was a lucrative trading range for some time before the upside breakout towards the latter part of October.
BUYING KAVA on OVERSOLD / BULLISH MACD WEEKLY - ABOVE AVG BUYVOLBUYING KAVA on OVERSOLD / BULLISH MACD WEEKLY - ABOVE AVG BUY VOLUME!
Kava is a cross-chain DeFi platform offering collateralized loans and stablecoins to users of major crypto assets (BTC, XRP, BNB, ATOM, etc.). It is supported by over 100+ business entities around the world, including prominent crypto funds and major crypto projects like Ripple and Cosmos. The platform features two tokens: KAVA, a governance and staking token responsible for securing the network and voting on key parameters; and USDX, an algorithmically maintained stablecoin backed by crypto asset collateral.
Kava is a cryptocurrency with its own blockchain. The most actual price for one Kava is $1.54. Kava is listed on 6 exchanges with a sum of 13 active markets. The 24h volume of is $1 991 110, while the Kava market cap is $51 431 242 which ranks it as #142 of all cryptocurrencies. You can find more information about Kava on kava.io
USDCHF H4 - NeturalUSDCHF H4 - Major support and resistance range marked on showing a 180 pip potential, please listen to the above voice note, we don't want to be caught on the wrong side of big fundamental moves! Try and work from higher timeframes if you're comfortable as this would allow breathing space for intraday highs and lows, effectively meaning we can ride some of the less detrimental headlines. Market risk is heavy, hence USD strength, although we are at major resistance on a 180 pip range setup.
USDCHF H4 - Long SetupUSDCHF H4 - Quite a clean S/R range with an interim S/R zone where we have seen a 2 stage reversal, we've continued to set new highs, looking for price to see a test of major resistance if these USD risk markets keep pushing up. YEN is still seeing strength and DXY is now trading above that 93.30 zone after retesting effectively as support.
Historically important time and area for bitcoinWill btc break out of this powerful resistance zone? as it's clear the tension zone which was near yellow line was successfully left behind. for a good jupd btc bulls need to keep the price above 14 for some days and i think the PayPal news will greatly help this happen. have btc in your watchlist.#mehdijavadzadeh
What Are NFT Tokens And How Do I Get It?NFT is a new round of the DeFi trend. Some yield farming sites began to add not only the mining of ordinary tokens but also collectible (NFT) tokens.
The main difference between NFT tokens and regular ones is that they are not fungible.
For example, fiat currencies are fungible because each unit is equivalent. The ten-dollar bill can be replaced with any other original ten-dollar bill.
NFT tokens are unique, they can serve as collectibles, tokenized assets, etc.
Previously, NFT tokens were used in games. Now they have appeared on the yield farming protocols. You can combine not only the farming of platform tokens but also mine unique NFT tokens that can be exchanged or sold in various markets.
Remember that decentralized finance is only at an early stage of development right now.
Best regards EXCAVO
EURAUD H1 - Long SetupEURAUD H1 - This pair tried to bounce off support yesterday, but quickly round resistance at around 1:1.3, following protocol this would have been risk free. Still flirting between that 60 pip range, markets are fairly flat at the moment, looking for something to spice up today. Not masses on the economic calendar, but hopefully we can find something that moves markets. Underlying risk, EU/UK trade, Elections, CV19, US/China trade etc.
Triple Top MGI Chart...Needs MOMOOOOInteresting take on the new Apple event this week. Expanded app store, more iPhone hype, new MGI App. Now it just needs momo.
Chart's looking at another possible top here. Testing this level for the 3rd time. Was previous resistance but might be a matter of momentum igniting a run if and BIG IF, it comes in.
"The company has gone through an evolution over the last few years to meet the requirements of today’s digital world. It saw the expansion of the company into cryptocurrency options as well as new partnerships with larger outlets. The P2P payment and money-transfer company gave its latest update on September’s monthly performance...More ways of accessibility via pad, phone, watch, and more. Could this bring new opportunities for MoneyGram to gain more customers through ease of access?"
Original Article: What Could The Apple Event Mean For Penny Stocks? 3 To Watch