Global
The unwinding of the global excesses will be epic (not here yet)I was just looking at some data and put this chart together. Pay attention to how the dynamics of USD assets have changed over the past 3+ years - and the excesses built into the global economy since the 2008-09 GFC.
As much as I want the global to navigate a soft-landing process, I see the excesses of the past 8+ years unwinding in a somewhat extended format through 2025 or beyond.
Because of this expectation, I believe the US/Global markets may enter a period of extreme consolidation over the next 4+ years before attempting to shift back into a longer-term bullish price trend. This means we need to stay focused on assets that provide safety and security while attempting to navigate a broad global capital unwinding process.
Bitcoin and other speculative assets may see massive revaluation events - same with Technology and Innovation sectors.
Traders will get chopped up unless you are able to target quick profits and/or ride our shifting capital trends in various global assets. Passive investing may seem like the safe play - but I believe CASH and HEDGING will outperform almost everything else over the next 3+ years.
Follow my research and learn how to spot these bigger cycle trends. The peak in the US markets is not here yet - but when it happens, be prepared for extreme market volatility.
US Market Sentiment (June 06, 2022)Sentiment: Extreme Cautious
US consumers are being forced to pay more for basic needs -- food & gas (blue line)
As a result, they are saving their cash (red line) & not investing (white & yellow lines) in preparation of the uncertainty that lies ahead.
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Blue Line - BLACKBULL:WTI
Red Line - FX:USDJPY
White Line - SP:SPX
Yellow Line - TVC:GOLD
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NASDAQ 100 (Fibonacci Analysis) Base Case: "The Final Rally"
Blue dots provides good dates & price levels to enter short or long position(s).
Idea (1):
LONG
Entry Price: 11,500.00
Entry Date: June 6, 22'
Price Target: ~$14,350.00
Date Target: Mid to Late Aug. 22'
Idea (2):
SHORT
Entry Price: ~$14,350.00
Entry Date: Mid to Late Aug. 22'
Price Target: $12,800.00
Date Target: Early October 22'
Idea (3):
LONG
Entry Price: $12,800.00
Entry Date: Early October 22'
Price Target: $15,350.00
Date Target: Late Jan. 23'
Idea (4):
SHORT
Entry Price: $15,350.00
Entry Date: Late Jan. 23'
Price Target: ~$10,000.00
Date Target: May 2023
Idea (5):
SHORT
Entry Price: $14,000.00
Entry Date: Early March 2023
Price Target: $10,000.00
Date Target: May 2023
Gold (Fibonacci Analysis) Idea:
Long Gold (~May 22, 2022)
Price Entry @ $1,704.00.
Price Target @ 2000.00
ETH raises $10 billion in Series A Ethereum Push Notification Service (EPNS), a decentralized correspondence layer for the crypto space, has brought $10.1 billion up in a Series A financing round to extend its Web3 informing abilities past the Ethereum blockchain.
Cryptographic money framework outfit Jump Crypto drove the subsidizing round with interest from Tiger Global, ParaFi, Polygon Studios, and Wintermute. Different financial backers included Sino Global Capital, Harmony Foundation, and Zebpay, among others.
As indicated by Thursday's declaration, the EPNS Series A puts the undertaking's valuation at about $131 billion. The undertaking brought $1.41 billion up in seed financing in late 2020.
Dave Receives $500 Million Investment from FTX VenturesThe Nasdaq-listed company, Dave has confirmed recently that it has secured an investment worth $500 million from FTX Ventures, a $2 billion venture fund. Through the strategic partnership between West Realm Shires Services, the owner and operator of FTX US and Dave, the companies are planning to accelerate the expansion of the global crypto ecosystem.
GLOBAL COVID-19 - Pushing the projection model Just an observation here...
I have been posting much about using the MACD Histograms to project the spikes and waves of COVID-19 infections, given the data collated on this platform. So far, it has been pretty uncanny in accuracy.
Just coming across the Total COVID-19 Confirmed Infections chart, there appears to be an odd divergence on the MACD histograms.. and this leaves me wondering if we are on the cusp of an unllikely surprise global surge, starting from April 2022.
Am really left wondering if I am pushing this projection model too far, or it is telling us something... only time will tell, I suppose.
Diem Raise $200BMeta (formerly Facebook) threw in the towel on its grand plans to create a digital currency last year. Earlier in 2022, though, it sold the remaining assets to Silvergate Capital for $182 billion
The team behind the original Diem project announced they were working on a new blockchain called Aptos in late February. On March 15, they outlined massive funding round from crypto VCs.
The startup has closed a $200 billion strategic investment led by Andreessen Horowitz (a16z), with participation from Tiger Global, Multicoin Capital, Three Arrows Capital, FTX Ventures, Coinbase Ventures, among others.
Bitcoin holds above $40k after Fed hikeBitcoin (BTC) held above the $40,000 level on Thursday amid a broader uptick in global equities as the U.S. Federal Reserve (Fed) hiked rates by 0.25% as expected.
Fed chair Jerome Powell signaled the U.S. economy was “very strong” and could handle monetary tightening, causing a jump in equities. Meanwhile, the Bank of England will also holds its policy meeting on Thursday and is expected to raise interest rates to their pre-Covid levels.
U.S. futures shed 0.51% in European hours while brent crude jumped 4% to near $100. Europe’s Stoxx 600 rose 0.22%, while Asian markets added a second day of gains with Hong Kong’s Hang Sang index rising 7% and Japan’s Nikkei 225 increasing 3.46%.
BCH Trying to Bounce BackBitcoin Cash is struggling along with the rest of the market, as Bitcoin (BTC) also experienced a sharp drop yesterday. That top crypto coin is on the road to recovery as well but down 7.25% over the last 24 hours. Bitcoin’s trade volume is up 76% in that period, and it is still trading with healthy numbers over $37 billion.
Bitcoin Cash is having a tough time making much progress back up to where it was yesterday, which is obviously because the global markets are trending down. The reason for that has been attributed to Russian President Vladimir Putin’s declaration to invade Ukraine yesterday, followed by action today that held good on his promise. The global markets are preparing for a state of war, which means the economy will likely suffer for a while as the conflict is engaged. Excess resources normally poured into investments will instead be moved into wartime efforts.
That is the fear at the moment, while many countries are preparing sanctions to level at Russia and hoping that war can be avoided by these mildly confrontational sanctions. Investments like cryptocurrency may be put on the back burner for millions of people around the world as they buckle down in their finances and prepare to live more frugally for what could be a coming wartime period.
What this means is that unless there’s a major turnaround for President Putin’s plans, the market will continue to see a downturn. Further news that solidifies global wartime efforts will continue to cause steep declines like what we saw yesterday. For investors, that’s bad news, and it would indicate that it’s best for them to hold off for now on investing in crypto. The Bitcoin Cash price is likely to plummet, as the wider cryptocurrency market should see a bearish trend. There’s no telling how far the prices will go down, but investors should be watching news related to the Ukraine invasion to get some idea of their direction.
Teller raises $6.9 millionThe Teller Protocol is similar to that of a limit order book, which enables borrowers to use data outside of a blockchain (off-chain data) with loan requests on a blockchain or on-chain. Based on the data provided or required, lenders and borrowers that have matching bids and asks transact directly. According to Teller's announcement, those requesting to borrow assets propose a loan request, and those supplying assets commit those assets to loan requests of their choosing.
"Unsecured lending is a thorny problem in the pseudonymous on-chain world and one of the largest opportunities for DeFi," said Bart Stephens, co-founder and managing partner of Blockchain Capital. "The Teller Protocol enables traditional and crypto native lenders to use the best credit scoring techniques possible while preserving privacy and tapping into decentralized liquidity pools."
According to Teller, DeFi protocols today account for more than $200 billion in total value locked, mainly from overcollateralized lending and trading applications. Teller is convinced that the undercollateralized market is becoming the next sector of DeFi.
Institutional lenders and capital providers using the Teller Protocol will have the opportunity to create their own automated data-driven criteria for committing assets to lend based on rules and filtered by borrower request information. Teller hopes this new layer of DeFi will broaden the appeal of DeFi in global capital markets.
EUR/USD: Various factors that will drag it closer to parityHello, everyone!
Global view on EUR/USD. It will sink to 1.10 and here is why:
1) Fed meeting results will make dollar king again
2) Daily Double-top formation is not finished yet
3) Bearish flag breakout
4) Same pattern after Fed meeting at November. Consolidation before the meeting, retest of a trendline and breakout after.
EUR/USD is very sensible to round numbers, so first target is 1.11 and after its breakout we can see Double-top target reached.
The trade is mediun-term, so I reccomend to put SL above the trendline.
$IR: Is the ESG Era Upon Us?ESG (Environmental, Social and Governance) is a buzzword in the investment community that has begun to pick up steam. Will the dollar continue to appreciate giving a buffer for US spending bills and a liking for stocks with a lot of domestic potential? Time will tell. Good luck trader
Internet Computer (ICP) Has Been Consolidating Will Get to $60Internet Computer (ICP) has really been squeezing in between $42.00 - $50.00 for the past month. Not much volatility has been happening with ICP it's just been moving sideways for most of October. It has not been up to pace with most of the market this month. When coins are moving like this these are the ones I like to keep an eye on. The majority of the trading has been at around $45.50 since July which is serving as the point of control (POC) for Internet Computer. It's becoming clear that a lot of accumulation has been happening in the mid $40 level for ICP.
Essentially Internet Computer is striving to become a decentralized global computer that is geared toward cryptocurrency ecosystems. It's still a relatively new project and it has very strong crypto institutional backings. Once it fully breaks past it's current resistance of $53.00 I believe we will se ICP back in the $60 levels. The a nice amount of upside from these the lower to mid $40 range and we're still mellow on the RSI. Keep ICP on your radars!
Support: $42.50
Short Term Resistance: $48.55
Resistance: $53.00
Much peace, love, wealth, and health!