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Bitcoin - Sound MoneyI already made a projection after bitcoin fell from 10.000 to 6.900 this is no coming back DeFi is being insanely pushed into existence. Crypto News: Bakkt Loyalty / Consumers Wallet (Trillion Dollar potential expansion - CME/ICE) Defi ( 1B USD worth of ETH Locked) + POS rollout 2020-2021\ Futures Contracts Rollout Traditional News Corona Virus Outbreak effecting Trade - Apple, Agriculture, Tech, Copper Slumped Inflation 2% Interest Rates Unch (we can go Negative) 210T Global Debt Gold Manipulation/fools gold in the supply chain Outcome Civil Unrest Fomo into Bitcoin Altseason hyperbitcoinization central bank stable coins Digital Yuan
COINBASE:BTCUSD
by P3RZON4
EURUSD Sees Price Rally, Eyes The 1.1117/50 Zone EURUSD has rallied strongly on Friday leaving risk of more strength on the cards. Resistance comes in at the 1.1150 where a break will turn risk to the 1.1100 level. A breach below here will target the 1.1200 level. Further up, resistance stands at the 1.1250. Conversely, on the downside, support comes in at 1.1050 level with a violation of there opening the door for further gain towards the 1.1000 level. Further down, resistance lies at the 1.0950 level. A cut through that level will clear the way for a move towards the 1.0900 level. All in all, EURUSD looks for more strength to occur in the new week.
by FXTechstrategy
F5 Network (FFIV) | Strong Support, 50% Growth Potential!Hi, F5 Networks provides multi-cloud application services for the availability, security, performance, and availability of network applications, servers, and storage systems. Currently, it is pretty undervalued and the price of the stock has reached inside the strong support area. Technically, it is a pretty powerful support level and it consists of multiple criteria. Do your own research and if you think the company has potential then I let you know - technically it is ready to go upwards! Technically, the buying area is $120-$130 and it consists of: 1. The price is currently inside a strong price level. It has been multi-year resistance and now it starts to act as a support level. 2. The trendline third touch act as a support level, super crossing area with the previous criterion. 3. Fibonacci 38% and 62% are inside the strong area acting as support levels. 4. Monthly EMA100 should act as a support level. 5. RSI Divergence 6. Two minor trendlines run through the crossing area to adding strength to the buying zone. 7. The fat blue trendline from the top is also called as a counter-trendline. The breakout has occurred a couple of months ago and now the price retests it and the retest should act as a supporter. 8. A bit subjective but still, AB=CD from the top and the D point is inside the strong support level. As said, do your own fundamental research and if this matching with my technical analysis viewpoints then you are ready to go! If it doesn't match then...skip it!! A bit cleaner chart :) Good luck, Vaido
NASDAQ:FFIVLong
by VaidoVeek
5
CONTINENTAL (CON) | Old Strong Resistance Level Becomes Support.Hi, Continental Aktiengesellschaft (CON) develops products, systems, and services for customers in various industries worldwide. The company operates through Chassis & Safety, Powertrain, Interior, Tires, and ContiTech segments. The undervalued stock price will indicate an increase from $90-$100: 1) Old clean resistance levels start to act as a support level. 2) Monthly 200 Moving Average should act as a support level. 3) The round number $100 adding strength to the marked area. 4) Fibonacci Retracement 62%. 5) The minor trendline should work as a support level. 6) Slight RSI DIvergence. Definitely, do your own fundamental research and if this matching with my technical analysis viewpoints then you are ready to go! If it doesn't match then...skip it!! Good luck, Vaido
XETR:CONLong
by VaidoVeek
Canadian Banks (UPDATE)Canadian bank stocks haven't really moved in 2 years. This consolidation has confused both bulls and bears, but it will come to an end by the end of this year (2020). Breaking above the all-time high will be a big buy signal, as it will indicate that the cyclical bull market is still intact. However, breaking below the major upward trendline will confirm a change in trend. Current the bias is to the upside, but this can quickly change if time runs out and price doesn't make it above the all-time high. Based on my own fundamental analysis of the Canadian banking sector, there are significant problems brewing that could heavily impact equity values. Bank assets that are included in this bank index are mainly composed of speculative loans (+75% of bank balance sheets) to the real estate and financial sector. In China it's the opposite situation, where most bank assets are held by corporations who are engaged in some kind of productive activity. Thus, in Canada if there is a shock in the asset values of the speculative assets underlying the loans it will have a severe negative impact on Canadian bank equity. Also, remember that Canada's yield curve is currently negative. This is a big sign of a recession ahead for the country. Households are holding a significant amount of debt (almost the highest ratios in the world), and are staring at some of the highest asset valuations in history. Moreover, manufacturing is contracting. There are no industrial policies in Canada at the moment that could counteract these trends, and it doesn't seem like Canadian governments are shifting away from laissez-faire policies. PS. If you found this idea useful/interesting be sure to follow me on my Twitter account where I post more frequently. The link can be found on my TradingView profile or @ErikFertsman.
TSX:TXBA
by Trader6127
AUDUSD | Sell after confirmation!Hi, AUDUSD has started to reach to the high-probability short-term reversal area. The price increase has been pretty amazing so, a bearish candlestick pattern inside the marked area is definitely needed. Criteria: 1. 2x AB=CD 2. Channel projections crossing area 3. 2018 low should act as a resistance 4. The round number 0.70000 5. Fibo Extension and retracement 6. Wait for a bearish candlestick pattern formation from 4H timeframe - Evening Star or bearish Engulfing needed! Do your own research and please, take a second and support my effort by hitting the "LIKE" button, it is my only FEE from You! Regards, Vaido
Short
by VaidoVeek
3
EQUINOR (EQNR) | Important Signs For Further Growth!Hi, Equinor ASA , an energy company, explores for, produces, transports, refines and markets petroleum and petroleum-derived products, and other forms of energy in Norway and internationally. Fundamental pros: 1. Trading below its fair value. 2. Good PE and PEG ratio. 3. Earnings are forecasted to grow. 4. A lot of insider buying. Technical pros: The correction, which started at the end of 2018, has started to show some positive signs for further growth. 1. The price has made a breakout from the down-trendline aka counter-trendline. Counter-trendlines breakouts are a pretty powerful tool to follow, especially when we have a really strong starting platform as Equinor has it at the moment. 2. Actually, the price made a breakout a couple of weeks ago and it has already retest it and again, it got a rejection upwards - the trendline which worked previously as resistance becomes support. 3. The trendline starts to work as support and there are also Weekly EMA 200 and Monthly EMA 50 which also should act as support levels. So, we have a pretty solid support level under the current price which is very good considering the breakthrough the counter-trendline. To show that mentioned "strong starting platform", we have to dig into the Monthly timeframe: The price got a pretty amazing rejection from a super-strong price level, it stays between ~150-160. A lot of criteria matched almost perfectly (strong support, AB=CD, Channel projection, Fibonacci golden ratio, EMA) and the rejection formed the strongest candlestick pattern ever lived (massive hype :D) - Monthly timeframe "Morning Star" has formed around the strong area! It depends on your investment horizon but the good entry should stay between the current price, 173, to 160 (in case it makes a tiny correction) but as said previously - luckily we have strong support just below the current price. The first target is around the psychological number 200 which should offer us about 17-20 percent profit. Do your own research and if this matching with mine then you are ready to go! Please, take a second and support my effort by hitting the "LIKE" button, it is my only FEE from You! Best regards, Vaido
OSL:EQNRLong
by VaidoVeek
LERØY SEAFOOD (LSG) | Strong Fundamentally & Technically!Hi, Lerøy Seafood Group produces, processes, markets, and distributes fresh, frozen, and smoked seafood products in Norway. It shows pretty good value numbers, it is way undervalued, insiders (CEO) have bought the stock recently (actually yesterday) and etc. Fundamentally, Lerøy Seafood looks quite good and most importantly, technically as well. There is a perfect area where you can invest or reinvest to Lerøy Seafood, the area consists of: 1) Weekly EMA200 2) Monthly EMA50 3) The round number 50 4) Channel projection 5) 2x AB=CD 6) Fibonacci Extensions 7) Fibonacci retracement 38%, pulled from all-time low to all-time high. 8) The trendline since 2012, historically, it is worked perfectly as support 9) 2016 high They all should work as support levels, adding these criteria together gives us a strong support area between 48 - 52.5 , which is also technically a good area to buy Lerøy Seafood. The first target stays around 60 which is approximately +20%. Do your own research and if this matching with mine then you are ready to go! Please, take a second and support my effort by hitting the "LIKE" button, it is my only FEE from You! Best regards, Vaido
OSL:LSGLong
by VaidoVeek
1
WARTSILA CORPORATION | A Little Positivity And It Can Do 20%+Hi, Wärtsilä is a Finnish corporation which manufactures and services power sources and other equipment in the marine and energy markets. The core products of Wärtsilä include technologies for the energy sector, including gas, multi-fuel, liquid fuel, biofuel power plants, energy storage systems and technologies for the marine sector, including cruise ships, ferries, fishing vessels, merchant ships, navy ships, special vessels, tugs, yachts, and offshore vessels. Ship design capabilities include ferries, tugs, and vessels for the fishing, merchant, offshore and special segments. Services offerings include online services, underwater services, turbocharger services, and also services for the marine, energy, and oil and gas markets. At the end of June 2018, the company employed more than 19,000 workers. Keep an eye on Wärtsilä because technically it has reached to the possible bounce area. It is a bit mixed because fundamentally it is not the best - operating profit decrease, some bad coincidences and etc. Let's see, how and if they would recover from it. If they do, then technically it is a perfect platform to make a bounce upwards because as said, technically this levels is pretty strong: 1) Monthly EMA200 should act as a support 2) Inside the marked area are 4 yearly highs, which now should act as support levels 3) 2x Fibonacci retracement 62% 4) The price has fallen from the all-time high to the golden pocket 47%-53%. Pretty often stocks make some kind of bounces just after they have reached inside the mentioned pocket. All-time high ~20, current price ~10 5) The round number 10.000 and this is the key level. 10.00 is the key level because the plan starts to work right after we have seen a Weekly candle close or a Monthly candle close above of it! If it was helpful then take a second and support my effort by hitting the "LIKE" button, it is my only fee from You! Regards, Vaido
OMXHEX:WRT1VLong
by VaidoVeek
2
Tallinn Department Store (TKM1T) | 14% Growth Potential!Hi, Background Information Tallinn Department Store (Tallinna Kaubamaja) is a renowned trade group in Estonia. Its history dates back to 1960, when Tallinna Kaubamaja was opened. Over several decades, the two department stores in Tallinn and Tartu have grown to become the largest retail group in Estonia. Kaubamaja has retained its image as a beloved, valued and trendy shopping place thanks to its dignified history and the skill to change over time. The largest company of Tallinna Kaubamaja Group is Selver, a chain of super- and hypermarkets that has more than 50 shops across Estonia. With more than 40 million purchases per year, Selver places third in its market segment. In addition to Kaubamaja and Selver, the group includes reputable brands such as Selveri Köök, Tartu Kaubamaja shopping center, Viimsi Keskus, Viking Motors, KIA, ABC King, SHU, I.L.U., etc. The group also deals in reselling several well-known cars in Estonia, such as KIA, Opel, Peugeot and Cadillac. Their car retail has also expanded to Latvia and Lithuania, where Peugeots are sold in addition to KIAs. Next to retail trade, the group also includes Viking Security, a company providing security services, and Kulinaaria OÜ, the largest company producing ready-to-eat meals in the Baltic region. Partnerkaart, the loyalty program of the group with more than 650,000 loyal members, has the longest history and the largest number of clients in Estonia. The group has more than 4,000 employees. Since 1996, the shares of Tallinna Kaubamaja Group have been listed in the main list of the Tallinn Stock Exchange. In 2016, the group won the Nasdaq Baltic Market awards for the largest increase in share prices over 10 years and for being the most reliable enterprise (2nd place). The group has been named the most competitive retail trade enterprise in Estonia seven times – in 2006 and 2012–2017. In 2017, Tallinna Kaubamaja Group was chosen as the best stock exchange enterprise in the list of Baltic enterprises prepared by the survey company CE Services. The company has more than 5,000 investors. The current correction looks healthy and technically, the price has started to approach a pretty strong support level, which consists of: 1. The light blue trendline should act as support. 2. The round number 8.00 3. Fibonacci Extension 127% 4. AB=CD - D point is exactly inside the marked green area. 5. Minor red dotted trendline should act as support. Waiting for a third touch inside the green price zone. 6. The marked price level has worked previously as a resistance level - 2008 yearly high. It is not so perfect yearly high but still, the old resistance should act as a support level. 7. Slight RSI Divergence compared to the recent bottoms. Technically a good entry area should stay between 7.70 - 8.00 The major mid-term target is around the round number 9.00 ~14% The information provided is not financial advice, it is a pure technical price zone and it doesn't include fundamental analysis. Always do your own research! Regards, Vaido
OMXTSE:TKM1TLong
by VaidoVeek
BITCOIN | From $7,000 to $8,000 or...to $5,000?Hi, In this pretty quiet time, I would like to give an overview of what does I see and what I expect from the market. This week we got a pretty nice pump upwards from the slightly expected area. As always we needed confirmation, we got it (Morning Star candlestick pattern on 4H) and 10% was pretty easily doable. Now before Christmas, I would like to give a slight overview of the current situation on the market using a Daily timeframe. Good indications for further short-, mid-term growth. This week bounce was quite intensive, the previously worked support level held the price and the pump started from $6,500. The Daily candle close was above the round number $7,000 and it formed a bullish candlestick pattern called bullish Engulfing. Daily timeframe candlestick patterns are usually very powerful, plus the Engulfing itself is pretty powerful. Let's make this post a bit educational - do not search super confirmations from shorter timeframe candlestick patterns, they don't work as they work on 4H or Daily. Yes, sometimes I look 15 min chart when I know exactly that area from where it may turn around (waiting for confirmation form rejection candle) but usually, I work and I trust(!) bigger timeframe patterns. So, we got bullish Engulfing from previously worked support level and we had also an RSI Divergence which confirms that the bounce was technically good. A possible "Double Bottom" and the key area. The rejection upwards from the previously worked support level allows predicting that in the future we may see a "Double Bottom" chart pattern which guides the price into the higher levels. You ask for: "Allows to predict? We have already a Double Bottom!"...and my answer is - almost all chart patterns are valid when they have a confirmed breakout. Triangles - the price has to close outside the triangle to be valid, Head and Shoulders - the price has to close below the neckline and etc. Now the "Double Bottom" - the double bottom is valid when you have seen a candle close above the "neckline". At the moment, the neckline is slightly below the magic number of $8,000. If the Daily candle got a close above the blue horizontal line then the Double Bottom chart pattern is valid and we may see continuation moves upwards and this is the key level. This price level, ~$8,000, has worked several times as strong support or resistance level and now it has a new task - to be a neckline :) There are Daily EMA's which also should act as resistance levels, so it is pretty heavy resistance and very strong area to make a breakout upwards. Possible scenarios Considering my analysis above of the rejection from the bottom which ended up with a bullish candlestick pattern "Bullish Engulfing", I assume that those criteria will push the price to the key area! So, from $7,000 to $8,000 is doable. This is not the signal, this is more a prediction, personally I watch it from the side (because the Engulfing momentum starts to become an end) but you never know, maybe I see something within a few hours (we have some Inside Bars candlestick patterns on the Daily timeframe) and I will be in the market but in general, my first prediction is that the price goes to the key area around $8,000. As said, this level looks super-strong and from there it all depends on the market demand. We know that the selling pressure is high, plus we have daily EMA Death Cross between 100&200 (confirms selling pressure), which all may indicate that the downtrend may continue from there BUT if there is enough buying power to crack this strong level and if the Double Bottom starts to work for our favor then we might see pretty high price levels over quite a long time. Double Bottom chart pattern target shows that the price may reach (after the breakout from the neckline) to the $9,200-9300 but the road to the mentioned area isn't easy, different trendlines, strong horizontal levels and etc., starts to harden the movement to the higher prices. Summary: I like the Daily bullish Engulfing formed a few days ago. It allows predicting that the price may reach the key area which is around $8,000 but it has to go there within a few days, otherways the Engulfing momentum will be gone! From there, it all depends on how it reacts: does it make a breakout, if it makes it then which is the candle, is it strong and powerful or is it just small ones and etc. Happy holidays and hopefully, you have learned from my posts and hopefully, it was also great reading. Do your own research and please, take a second and support my effort by hitting the "LIKE" button, it is my only FEE from You! Best regards, Vaido
COINBASE:BTCUSD
by VaidoVeek
46