Get started

Global

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!
Long
by peacefuljustin
2
Ultrasound Ethereum: Buy ETH Calendar Risk Reversal September 10Following the release of the EIP 1559 update, Ethereum issuance has become more deflationary than Bitcoin. About 138 000 ETH have already been burned, with a current market value of more than $440 million. We expect price pressure to continue. More than that, we expect an acceleration in price growth after the first decade of September as part of the seasonal liquidity increase. Flash Idea: In order to reduce the amount of risk, we choose the nearest execution date of September 10. We then sell 2 PUT options with a 2 900 strike price (the estimated premium to be earned is about $6.5 for a minimum transaction size of 0.1ETH) and with the financing obtained we buy PUT with a later execution date - 24 September, and with 3 800 strike price (estimated premium is $9 for each). The later date for the CALL option is chosen so that there is enough time for the price to move in the expected direction. Conversely, the earlier date for PUT options is chosen to reduce risk. Risks: Since the idea is to sell two PUT options at 2 900, once Ethereum crosses 2 835 there is a chance of loss.
ELong
by DeltaTheta_Research
1
Is your money worth reading "maybe´s"Hello Trenders, Been thinking a lot to or to not publish this signal. Many of you expect a deep on global level, therefore I here show you some mathematic forecast. This may not be the end of the world, yet it is far worse than the most downbeat forecasts. The evidence to support this outlook is in plain sight. Some sixth-grade math is a good place to begin the analysis. Make 2019 economic output 100 (the actual figure is $22 trillion; “100” is 100 percent of that number; a convenient way to measure ups and downs). Assume output drops 20 percent over the second and third quarters of 2020 (many estimates project larger drops; 20 percent is a plausible if conservative estimate). A 20 percent drop for six months equals a 10 percent drop for the full year, assuming the first and fourth quarters are flat on net. A 10 percent drop from 100 = 90 (or $2.2 trillion of lost output). Since 1948, U.S. annual real growth in GDP has never exceeded 10 percent. Since 1984, real growth has never exceeded 5 percent. The highest-growth years since the end of World War II were 8.7 percent in 1950, 8 percent in 1951, and 7.2 percent in 1984. An assumption that real growth will occur in 2021 at a 6 percent annual rate is a generous if unrealistic assumption. Such growth would qualify as a Vshaped recovery. If our new base is 90 (compared with 100 in 2019) and we increase output by 6 percent in 2021, this brings total output to 95.4. If we enter 2022 with the new base of 95.4 and increase that base by 4 percent (so, 95.4 × 1.04), we come to 99.2 in total output by the end of 2022. Here’s the problem. Using 100 as a baseline for 2019 output, and assuming 6 percent real growth in 2021 and 4 percent in 2022 (rates of growth that have not happened on an annual basis since 1984), the economy does not get back to 2019 output levels. The hard truth is that 99.2 < 100. Source : The new great depression (2021). What about if we really have a second wave harder then the first with mutatied covid? I want to add, is not my intention to spread panic or "maybe´s" but the study got my attention. Even the legends will have trouble surviving if this happen. So how can a trader survive in this case condition by trading as only source of income??? Perhaps agricultural commodities will always perform....
SP:SPXEducation
by DeFontain
1
Rotation in international marketsIntroducing the Buffett Indicator One aspect of the recent rotation from growth stocks to value stocks is that investors have been rotating into undervalued markets that have suffered ten-year downtrends. The "Buffett Indicator" provides a way of comparing country-wise stock market valuations. The indicator divides total market cap (TMC) by GDP plus Total Assets of Central Bank (TACB) to calculate the Implied Future Return (IFR): TMC / (GDP + TACB) = IFR Developed Markets Of the developed markets, Singapore ranks best for Implied Future Return: Singapore ($EWS): 6.8% Spain (EWP): 4.9% UK (EWU): 4.7% Australia (EWA): 4.0% Most other developed markets have negative IFR. Of the emerging markets, Egypt has IFR above 25%, and Pakistan above 10%. Turkey, South Africa, and Indonesia are all above 8%. Now look at how some of these indexes have been trading. Australia was one of the first to break out of its long down trend in November of last year: Spain also broke out in November: Now the UK has broken out as of yesterday, as you can see in the chart above. Singapore is lagging a bit in sympathy with China, but you can see that it's making a run at its trend line: Emerging Markets The developed markets have definitely outperformed the emerging markets in this rotation. That's because developed market currencies have been crushing the emerging market currencies. I think that we could start to see some emerging market strength, though. South Africa is climbing: Here's Turkey, struggling to break that trend line: Egypt looks to be working on a U-shaped bottom:
AMEX:EWULong
by ChristopherCarrollSmith
38
POG(Petropavlovsk) Disclaimer/ On average, 90% of all stocks move down with the market, and 75% move up. The wave principle applies to some extent to individual stocks, but counting the waves for them is often confusing and does not have much practical significance. But since the company has a large capitalization, we assume that the state of the shares depends on the psychology of the masses./ (There are more doubts than usual right now) / It is also interesting that companies with a smaller capitalization have a greater chance to"shoot" . In this case, the shot can be as large as 2000%.(unlikely)(Do not forget that the Moscow stock exchange has a limit on the growth of 40%, but the London stock exchange, it seems, does not) As you can see, the graph shows 3 options: 1) The 3rd wave has started(The most improbable) 2) Continuation of the correction, taking into account the fact that there will now be a correction to this correction. (The most preferred option, since it converges with my plans for gold, etc.) 3) Continuation of the correction Information The company's shares are included in the FTSE 250 index calculation and Gold Mining on the FTSE The company's shares as of August 2020 were distributed as follows: Yuzhuralzoloto Group-24.34% Prosperity Capital Management Limited – 11,59% Everest Alliance Limited (CABS Platform Limited) – 6.44% Russian Welfare Fund – 6.10% Slevin LLC — 3.85% Societe Generale SA – 0,47% Bonum Capital – 2,98%
PLong
by loco_mango
Vechain (VET) Symmetrical Triangle Forming to $30 cents.Since my last call on April 4th VeChain (VET) has been up over 150% in the past two weeks. I knew VeChain (VET) wouldn't be trading at $0.10 cents for too long considering what VeChain is, the current market sentiment, and the global supply chain & logistics problems they're revolutionizing. If we breakout of our symmetrical triangle to the upside I believe we will retest $0.28 cents. If not I expect us to hold steady above trading at $0.20 cents. For the past 2 weeks we've also been producing higher lows. To put things in a quick perspective according to research and consulting firm Armstrong & Associates Inc. The global logistics market was $9.6 trillion in 2018 and is expected to surpass $12 trillion by 2023. If VeChain we're to even capture 1% of a $12 trillion global logistics market that would put Vechain at a $120 billion from it's current $15 billion market cap. That's not even counting the monumental capital coming into the cryptocurrency markets. VeChain is the first mover in when it comes to supplychain blockchain technology. So when big corporations are looking to utilize cryptocurrency technology to replace antiquated logistics systems VeChain will most likely be at the discussion table. Bitcoin and Ethereum aren't specifically solving logistics and supply chain problems when it comes to enterprise. It seems like VeChain is making strides to capturing a significant portion of the global supply chain & logistics industry everyday. The Internet of Things (IOT) is upon us. I've been saying that VeChain to a $1 is a very real possibility this cycle. Much peace, love, health, and wealth!
Long
by peacefuljustin
2
Philosophical approach to Bitcoin All the people in the world that have a good understanding of economics, history and technology can fully understand the value of Bitcoin. I will not get into further details to support my argument feel free to do your own research on the web. Some point in favor of Bitcoin besides its fundamentals are the following: 1. Square holds it 2. Tesla holds it & accepts it 3. PayPal accepts it and probably holds it 4. Visa & MasterCard also did some bold moves 5. Jpmorgan & Goldman to let customers buy it 6. Regulation is speeding up and I expect all S&P500 companies to hold it by the time all the legislation is passed. 7. Major global finance stars openly talk about it and state that they are holding it 7 bold points to think of your own. Do you think all these different entities are wrong about the future of BITCOIN??? Now as we all know Bitcoin is using energy to run the network. However in the upcoming years in the name of global warming are going to be the BIG TRANSITION years from fossil fuels to renewable. As a result I am expecting some really big inflation in electricity prices especially in US & EU. That will make imo lots of miners in the western world unsustainable compare to China were they are not going to be 100% compliant with laws about the environment. Therefore their energy cost will be significant lower vs the rest of the world. If their cost is gonna be lower than the rest mining competition there is good chance that they will be in a position to mine a large part of the remaining bitcoins. US is aware of that of course and that’s why the are in a hurry to regulate everything so that their institutional investors can start accumulating. As inflation hits electricity I am expecting the major 2nd wave of correction of the 1st wave of the Bitcoin super cycle that started back in 2008. This is where all the retail is going to be losing money and really doubt it’s decision to hold bitcoins. The length of that correction is going to take a lot of time because people lose hope when prices keep falling for a big period of time rather in a short one like we saw on COVID case.
BITSTAMP:BTCUSD
by Philoslother
2
PFIZER: Covid's Decision !On PFIZER , H1 timeframe price is around a critical decision zone, so what can we expect here: 1. Global Recover: If the fundamentals are positive, then the chart will be bullish and we will go into the 1st scenario where price continues to trade inside the channel until it reaches the resistance zone were we can look for sell setups. 2. Failure: Unlike the first one, the price hasn't broken aggressively yet the resistance where it's standing, so it can move downward into the zone, trade there for a couple of days since it doesn't have great volatility and goes down bearishly to reach the support. This scenario can be imagined if the global reaction to the vaccine remain negative or any unprecedented medical issue happens. Until then, Trade Safe and Best of Luck ! MacroForex
NYSE:PFE
by Therealsmaira
Buy $GSAT- NRPicks 21 MarGlobalstar, Inc. offers mobile satellite services worldwide. The company offers two-way voice and data duplex products, including mobile voice and data satellite communications services and equipment for remote business continuity, recreational use, security, preparation and emergency response. The company in its last earnings report filed losses less than expected of $0.0132 and quarterly revenue of 33.17M. The most significant development for Globalstar in recent weeks was Qualcomm Technologies' announcement of its Snapdragon modem-RF system, with Qualcomm Technologies' 5G band support, the potential device ecosystem expands significantly to include a large number of industrial and consumer devices. - Market Cap 2.6B - Average Volume 26M Technical: - MACD Level (12, 26) 0.19 - Average RSI levels - Bounce in MA50 - Support at $1.50
AMEX:GSATLong
by NewroadTrader
EURAUD: Bearish TheoryTwo global economic crises so close together in world history, what are the odds? In 2008, the USA stock market bottomed out and began it's recovery just as the EURAUD pair hit a top and sold off. This correlation to the SPX, from a global market view, is interesting because there is such a great shift from negative 80 to positive 80 in a 4 year span after the 2008 recovery. It will be interesting to learn how this trend plays out in the coming years. The correlation coefficient has been dropping as the prices are starting to diverge negatively again. If it's anything like last time, we could be starting a long-term bearish trend in the pair. Or, the positive correlation holds strong and leads the pair up during the recovery. Or, the least likely scenario, the correlation holds but the pair drops like last time and the SPX goes down with it. Check back in three years.
by The_Arena_Trader
1
When VES, ZWT Crushes, BTC GAIN. How BTC surge on global poorThe main driver of BTC surge is a Zimabawe, Venezuela currency crush. This is a trending and tricky situation making investing in BTC more dangerous. Nevertheless, a further collapse of world currencies due to the crisis could trigger new large purchases of BTC. The recovery of currencies or the speculation of large investors on BTC can lead to a strong collapse of cryptocurrencies, since sooner or later they will fix the profits obtained using an external driver.
BITSTAMP:BTCUSD
by midorinoyama
1
DXY recover time?Been watching the DXY closely for a few months now as i mainly trade Bitcoin and its heavily pegged to the strength of the USD mainly from global arbitrage. I was expecting a huge retrace on BTC when the DXY started to recover from those V bottoms but it quickly got shot down again when the US markets started to recover. BTC went on a run and hit close to 14k, and now we are starting to see a second recovery on the DXY. I know this thing will probably still play buggery up to the US election but its no denying this is a heavy contributor to the movement of a number of global traded safe haven asset closes like gold silver bitcoin and other commodities. A mass recovery on the DXY could see some other markets really bleed down hard so im watching a few for some short entries but will the recovery be short lived leading to the election??? Im tipping towards around 96 before we see a halt and a breather for world markets for now but will follow it up in a week.
TVC:DXY
by DeNomics
3
GLOBAL CONSENSUS PAGING THROUGH THESE CHARTS... I SEE A CONSENSUS AMONG THE IDEAS MANY ARE CALLING FOR SELL ON THE DAX AND THE SPX AND THE NASDAQ AND THE NIFTY 50 AND THE BANK50 EACH ARE USING THEIR OWN ANALYSYS AND HAVE THEIR OWN REASONS...AND THEIR OWN TIME FRAMES?? I AM NOT SMART ENOUGH TO COME TO MY OWN CONCLUSIONS - BUT ARE NOT THESE INDEXES AND GROUPS PART OF A LARGER WORLD OF EQUITIES. IF ONE OF THESE INDEXES REALLY TANK, WILL IT NOT DRAG THE REST DOWN?? NOTICE THE 10 YEAR TREASURY INTEREST RATE - I GUESS 25 BILLION A WEEK IN NEW DEBT AUCTIONS AND THE %RATE% WILL START GETTING HIGHER?? THEN FREE MONEY WILL NOT BE FREE?
SP:SPXShort
by CapeAfrican
GOLD/USD ready to run again?I have been trading and investing in gold for a while now leading up on this run and expected to see a descent pause in the market after launching out the top of this long term growth trend. I dont feel this run is over yet but is due for a halt, but its getting close to the lower band of this bullish channel so keen keen to enter another long very soon. As this is new price discovery into the unknown and everything going on with the global economics and US election i still expect to see big volatility on gold for a while as a safe haven hedge to uncertainty. Looking at fib extensions for targets at the moment around $2160, $2250 and $2350 before we take another breather. what are your thoughts?
OANDA:XAUUSDLong
by DeNomics
4
DE GREY MINING RUN TO CONTINUE?DE GREY MINING (ASX:DEG) has just had a much needed rest. After 8 months and +3000% increase its well deserved after its Pilbara WA "Mallina" Project surpassed 2.2Moz Gold Projection. Sitting 50KM south of one of the most ideal ore exportation capitals in the Southern Hemisphere (Port Hedland WA) it's easy to see why De Greys is going from Strength to Strength, and they haven't even scratched the surface with multiple Gold anomalies yet to be fully explored. Technicals: Area of Interest approaching... Fib Retracement Golden Pocket Near, recently broken .382 level. Uptrend Intact. Has already hit Major Trend Based Fib Retracement target previously for +170%. Healthy retrace almost complete IMO. Ichimoku still intact and Bullish. MACD starting to round anticipating the turn BUT not confirmed. RSI starting to flatten having just crossed the 50. Stochastic indicating oversold region. Approaching MA50 looking for reaction. Some Fundamental Highlights.. Mallina Project quickly turning into Tier 1 Project +2.2 Moz Gold Deposit. Project location among the best in the World. Stable Cash Runway + $28million CASH (30 June 2020) & Debt Free. With such a rapid growth it's hard not to keep an eye on the rising star De Grey Mining, BUT I'm more interested in future projections of Gold consumption and what this means for the Sector. With global demand predicted to rise by 2.1% annually and Australia set to be the No.1 Gold Producer in 2021 it's a good sign for the Domestic players with production set to rise by 9% 2020-2021. These Ideas are NOT 'Financial Advice'!. Scenarios are based off a mixture of TA and Fundamentals current at the time. All IMO GLTA. Happy Hunting!!!
ASX:DEGLong
by Trader_Johnni
2