Why Cardano is Sinking TodayWhy would Russia's move have such a big impact on cryptocurrencies? It boils down to risk. When investors believe that their money is at greater risk, they're more likely to shift funds into safer assets. Such "risk-off" scenarios have hurt growth stocks in the past. Now it's happening again, with cryptocurrencies also being pulled down.
The only cryptocurrencies that are largely immune to risk-off downswings are stablecoins pegged to fiat currencies. However, Cardano, Chainlink, Cronos, and Polkadot are not stablecoins.
Any geopolitical crisis could cause a risk-off market. The current situation is arguably worse because cryptocurrency prices were already slumping.
It's important to note, though, that the long-term prospects for Cardano, Chainlink, Cronos, and Polkadot shouldn't change as a result of the Russian invasion of Ukraine. Each of the four cryptocurrencies offers advantages that won't be diminished whatsoever.
Cardano launched smart contracts on its network last year, a move that makes it more competitive with Ethereum. Chainlink allows real-world data to be brought into any blockchain. Cronos is the native token of the popular Crypto.com exchange (and until recently was known as Crypto.com Coin). Polkadot provides a great foundation for Web3 apps.
Ukraine
DXY Health Currently the dxy has been going on a crazy run , especially over the last two weeks with the announcement of and speculation of war within Europe !
The DXY is something you must not under estimate, especially in times like these, however i believe the dollar will not withstand this conflict and will finally face a downtrend.
Ive used 3 different schools of teaching (ICT / PHANTOM , COTTON and CC) to come to this conclusion and ive also looked over certain fundamental aspects with a fine tooth pick , they all point to one location
The timing is nothing short of ironic either and it seems as though it is the perfect bull trap , here is why :
* Inflation is 7.5% for January 2022 , the highest it has been in years
*In many examples , war leads to inflation as money has to keep printing . This leads to loss of people’s savings, rise in uncertainty and loss of confidence in the financial system. In the US civil war, the Confederacy struggled financially to meet the cost of the war. Therefore, they started printing money to pay soldiers salaries. But, as they printed money, the value of money soon declined. While this is an old example , its still a valid example of how inflation may turn up the heat
*Key natural resources , like Oil and Gold , go through crazy run-ups during and before war ... governments struggle to keep up with the cost of these assets and the money printer must in-turn speed up to cover the cost of war. Currently we've seen Gold run up 5.53% and Oil is up 52.4% since the beginning of the year which is a clear indication that people favor assets rather than savings account during times like these. I doubt these run-ups will stop any time soon and the pressure will be applied by most industries within the US that rely on energy and computing services
*War is expensive and effects all sides of society including the side of politics , Biden and his cabinet's approach to this conflict WILL strongly effect his already failing approval rating . The government is the embodiment of tax payers dollars and i dont think tax payers will be pleased when they see inflation sawing and lack of resources available due to the miss handling of conflicts . Less trust in the government = less trust in the dollar
While allot of my thoughts may be seen as speculative , they are all BASED and reasoned
Ultimately the coming days will decide the fate of Ukraine however the fate of DXY is seemingly set in stone , regardless of the events that may play out !
XAUUSD Trade - Strong Bullish momentum 2021 Ranging market:
1-No trend momentum in the market for Gold
2- Investors reached kept building the portifolio
3-Waiting for the catalyser or the trigger scenarios
2022 The trending momentum engaged in GOLD:
1-The trigger, the Ukraine invasion climate #January
2- The invansion in Ukraine confirmed in this February...
3- The invansion created the "no way " sentiment to the investor.
So as you know, investor will rush to buy the safe heaven GOLD.
The analysis is the intermediate term trading - Not the short term or Scalping trading.
The investors always start by buying the easy piece of the market. By understanding the correlation of the markets, you can see the investor moves.
As GOLD is the safe heaven, putting mostly all the cash in Gold will lower the others market. Again this the proof of their involvment in the market.
So they can buy those market at very low price. Easy to understand, i suppose ?
If not, ask question, i will take time to answer :)
Readers,
Good trading and bail out the profits.
AKR :)
NDQ - Head and shoulder completionCurrent support could be the head and shoulder completion however in monthly chart there is a big head and shoulder to be completed if the current resistance 13k is broken.
Hoping to bounce back from this level and hoping correction is over.
Note: This is not an advice, please consult your registered advisor.
The trend says all "BUY"GOOD EVENING
There is no doubt with the war between Russia and Ukraine, the price of fuel and gas will rise to a level we have never seen before, in addition to all candles and the resistance line that I drew before has been broken. so it's a good time to buy now especially since there is no indication that this crisis will end soon
business is a business that.
so open your wallets it's a chance for you
GOOD LUCK
Yen rises as Russia launches invasionHopes that diplomatic moves could avert a Russian invasion of Ukraine were shattered early Thursday, as Russia launched a full-scale attack. The move was not all that surprising, given the massive Russian buildup on the border with Ukraine during the past few weeks. Still, the fighting in the heart of Europe has weighed heavily on the financial markets, as risk appetite has fallen sharply. The safe-haven Japanese yen has gained ground and is trading at 3-week highs.
Western leaders have strongly condemned the Russian military operation, with NATO's secretary-general calling it 'a brutal act of war'. There will clearly be more sanctions headed Moscow's way, but it's doubtful that this will dissuade Russian President Putin from his aim to force Ukraine back into the Russian orbit. Western Europe is dependent on Russian natural gas and with the US showing no appetite for military intervention, things are looking extremely bleak for pro-Western Ukrainian President Zelensky.
On the economic calendar, Japan releases Tokyo Core CPI for February later today. CPI is expected to rise to 0.4%, up from 0.2% in January. Earlier in the week, BoJ Core CPI, the central bank’s preferred inflation gauge, rose 0.8%, lower than the 0.9% gain beforehand. Japan's inflation has been moving higher, although nowhere near the clip we've seen in the US and the UK. Still, with the Russian invasion in Ukraine likely to push energy prices even higher, inflation in Japan should continue on an upswing.
Brent crude pushed above USD 100 for the first time since 2014, as the Ukraine conflict threatens to disrupt oil deliveries from Russia, a major producer. The timing couldn't be worse for the central banks of the major economies, which are struggling to contain red-hot inflation. The Fed is still expected to hike rates in March, but it may have to put a pause on additional hikes if economic conditions deteriorate.
The 100-DMA at 114.35 is providing support. Close by, there is support at 114.16
115.68 is under pressure as resistance. Above, there is resistance at 116.30
ETH/ADA and Geopolitical IssuesETH and the crypto market at large have taken a sizable downturn. This comes after a small ETH rebound rally off of the ~2300~ support level. While the situation in Ukraine continues to develop, signs of fear are showing in investment markets around the world.
While I usually only write about ETH, ADA has also caught my eye. The 0.80 level was broken , and reached as low as 0.74 . Because of the uncertainty here there is really no 'expected' price action, and I have no idea what will happen. All I can do is cost average into this dip.
Ethereum Co-Founder Shares Thoughts on Russia-Ukraine CrisisIn the midst of awakening turmoil between Russia and Ukraine, the global crypto market declined to a record low. Bitcoin and other altcoins like Ethereum have been dipping since the hint of war hit the news wave.
Talking about Ethereum, co-founder Vitalik Buterin tweeted that Ethereum is neutral but he is not. He declared this following Putin’s declaration of a ‘special military operation’ in Ukraine.
Russia-born but brought up in Canada, Vitalik reminded everyone that his thoughts do not reflect the views and opinions of his company. That said, Ethereum remains neutral.
Meanwhile, he also tweeted “Glory to Ukraine” and condemned Putin’s decision to go on with war by abandoning the chances for a peaceful solution. He also wished everyone safety, even though the situation does not bring it. Also, he mentioned the turmoil as a “crime against the Ukrainian and Russian people’’.
Following the crisis, Ethereum fell 12.07% in the last 24 hours. It also has a current market capitalization of $279.7 billion. Moreover, it has been declining around 24.17% in the past seven days. At the time of writing, it trades at $2,349.02.
MOEX Russia Index Price Target after Ukraine invasion The MOEX Russia Index is the main ruble-denominated benchmark of the Russian stock market.
The index was established on 22 September 1997.
The number of component stocks is variable, traditionally favored by domestic investors, while foreign investors prefer the RTS Index.
The sanctions from the US and EU could lead to a major selloff, $1220 being the price target, which is the strongest support of the index.
Looking forward to read your opinion about it.
Dogecoin price readies for a 35% crash as tension between RussiaDogecoin price is currently hovering on a critical support level, a breakdown of which could lead to a steep correction, but a bounce could trigger a new uptrend. Therefore, investors need to be cautious as crypto markets have turned volatile due to the ongoing war between Russia and Ukraine.
BTC crashed to $35,000 after news of Russia launching attacks on Ukraine emerged, causing Dogecoin and other altcoins to crumble as well.
Bitcoin dips 12%In a move that seemed to catch markets by surprise, reports were flowing in of a feared three-pronged attack on Ukraine at the time of writing, with the West already promising more severe sanctions as a result.
Bitcoin, already trading in line with stocks instead of acting as a safe haven, thus showed uncertainty of its own, declining over 12.2% from Wednesday’s local highs to hit $34,300.
Asian stocks were already feeling the pressure, with Hong Kong’s Hang Seng index down 3.5% and the Nikkei reaching a 15-month low.
As traders waited to see the full impact on European and United States stock markets, Bitcoin market participants took stock of what the geopolitical events could mean for the largest cryptocurrency.
“So there are arguments both ways for what should be happening to BTC right now. I’m not really sure I would have guessed it would go down based on the fundamentals. But it is down, a lot! Why?” Sam Bankman-Fried, CEO of trading giant FTX, queried in a series of tweets Thursday.
Bitcoin plunges as Putin announces 'special military operation' The Russian army has begun a military operation in Ukraine as missile explosions have been heard surrounding several areas, including the capital of Kiev. Markets have dropped in response.
Global crypto and stock markets plunged after Russian President Vladimir Putin announced on a national broadcast that his army would conduct a “special military operation” in Ukraine.
As the sun began to rise in Ukraine, the Russian army launched missiles around several areas of the country, including the capital of Kiev and the city of Kharkiv.
BTCUSD D1 LONG-TERMThe announcement of the new package of Sanctions on Russia are about to spike the #Bitcoin price as EU has just announced that they will cut out Russian participation in the financial sector.
With Russia owning most bitcoins, the EU's sactions to exclude Russian banks on the financial markets could be the biggest driver for Bitcoin to move bullish.
If $29700 level holds, I anticipate #Bitcoin to be heading towards $50206-$53536 in a long term.
Lets wait and see how the Russia/NATO tensions unfolds, as this has become a war between Russia and the West as opposed to Russia/Ukraine tensions.
Lookback - Russia annexation of CrimeaHistory never repeats itself but often rhymes.
Today marks the incursion of Russia into Ukraine.
Market fell by 30%+ as of writing.
Looking back, Crimea annexation only saw a fall of 16%. The event took place over 1 month.
MOEX bottomed out after 3 - 4 weeks.
Russia's invasion into Ukraine is seeing MOEX lower than COVID levels and nearing 2015 levels.
May be attractive to allocate into Russia with more than 1 year time frame of investment.
Markets In Guernica - Sad Day for Humanity 🤕🩸🥶''In Guernica Lyrics
In Guernica the dead children were layed out in order on the sidewalk
In their white starched dresses
In their pitiful white dresses
On their foreheads and breasts the little round holes where death came in as thunder while they were playing their important summer games
Do not weep for them, Madre
They are gone forever, the little ones
Straight to heaven to the saints
And God will fill the bullet holes with candy''
May Peace and Logic prevail immediately. Such a small planet, yet so much stupidity 🤕🩸🥶
the FXPROFESSOR
S&P500 - LongsOANDA:SPX500USD
Currently being supported by the 200 moving average, we are seeing outbreaks of the war talks with this morning we have seen, Russian troops attacking Ukraine.
Historically, we can see that buying invasions and wars like this is generally profitable with the S&P rising dramatically during; Vietnam war, Gulf war, afghan war, Iraq war and Crimean crisis.
I will be watching price action for long term buys, I believe we will see all time highs in equities by summer this year (June/July 2022).
$BTC oversold 👁🗨*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
Buy Entry: $37450
Take Profit: $41000
Stop Loss: $36250
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