USD-BTC
Support is being respected, triangle is stretching. BTC is resisting at the current green line support, which tells me it will be heading up slowly until it breaks the big old red resistance line from the 20k.
Good news are coming out and the fear of another bearish move is decreasing, so on my view there will be a slow move to the upside in between that triangle.
Leave your feedback, and have a good one.
Don't miss the great buy opportunity in NEOUSDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (9.59874). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. NEOUSD is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 52.
Take Profits:
TP1= @ 12.55810
TP2= @ 14.50133
TP3= @ 16.87258
TP4= @ 20.61120
TP5= @ 24.30101
SL= Break below S2
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BTC Possible Bull RunPatiently allowing Price to react to hitting its support mark or waiting to find a breakout of its minor descend trend line potentially putting us in a great RR opportunity for this pair. The most logical entry would be close to our Entry Speculation Region instead of gambling our capitol.
HOT due for a sped pumpAccumulation for weeks, broken the down trend and testing resistance. I think we pump, a lot. Many alt coins have rallied ovee the last few weeks. Hot hasn;t done shit if you looking for that quick 50% you might have found your match
GBP/CAD Downside Move Potential by ThinkingAntsOk🔸 4H CHART EXPLANATION:
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🔸 Price has been moving on a range for a while.
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🔸 Now, it is breaking the Support Zone.
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🔸 It has potential to make a downside move towards the Ascending Trendline.
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🔸 Will look for a lower timeframe bearish setup.
🔸 DAILY CHART ANALYSIS:
AUD/JPY Corrective Move Finished by ThinkingAntsOk🔸 DAILY CHART EXPLANATION:
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🔸 Price made a Strong Downside Move since the beggining of the year, which has been corrected for the last weeks.
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🔸 Now, it is facing the confluence zone between the Descending Trendline and the Resistance Zone.
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🔸 We consider there is Bearish Potential from here.
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🔸 Will look for a lower timeframe bearish setup.
🔸4H CHART ANALYSIS:
BTC PullBack Through The HalvingIm expecting to begin a pullback sunday may 10 with a 75 % accuracy, probably earlier (25 %). My targets are shown as Red Lines called "Areas of Support". The first is near 8000 USD and the second is near 7200. I give a 80 % to hit the first target and 20 % to the second target. Let's see what BTC brings to us.
✌🏻Two bitcoin scripts✌🏻❤HELLO HELLO HELLO❤
❣Now everyone is most interested in Bitcoin.❣
🤷🏻♀️For me, this situation is ambiguous.🤷🏻♀️
📌I’ll be honest with you, I don’t see one scenario for Bitcoin.📌
📊On the chart you can see two possible scenarios for the near future.✌🏻 Oh no🙅🏻♀️, there is still a third🤩 it can go sideways on the weekend 😝
💥Guys, we are waiting for the movement, that will be when BTC leaving the triangle. 💥
👆🏻Levels you can find on the chart.🚀
We'll stay in touch🔥
See you later❤
Your rocket bomb🚀💣
XRP: Breakout? BuyBITSTAMP:XRPUSD : BUY
Thesis: Will banks be able to distribute relief funds?
Analysis Method: Fibonacci & Wave Theory
Wave Count: Minor Wave 3
Target Area: $.26-.$31
About XRP: ripple.com
XRP is an independent digital asset that is native to the XRP Ledger. With governance and fast transaction confirmations, XRP is said to be the most efficient settlement option for financial institutions and liquidity providers seeking global reach, accessibility, and fast settlement finality for interbank flows.
According to Ripple, those who use the digital asset XRP to source liquidity can reportedly do so in seconds. The team at Ripple hopes to enable the world to move value like it already moves information on the web today.
Website: ripple.com
Rank: 3
Market Cap: 8 Billion
Minute Wave: Leading Diagonal
Minor Wave 3 Target Area:
Minor Wave 3 Time-frame: 11 Days
Will update.
FMW
✨ BITCOIN/DOLLAR - IN 30 MIN CHART ✨📢Hi, guys!📢
🎬A lot of people trying to make money on the 15-30 minute movement of bitcoin.🎬
💡For these people, we look at the 30 minute Bitcoin chart💡, and of course for muh111❤
🧲Neverless, we expect the prices rise to 8 thousand with a slight price fluctuation in the range of 7500 - 7300.🧲
⁉What will happen with bitcoin next, it will be interesting to observe!💥
🍀Stay with me🍀
🔆Subscribe, not to get lost🔆
🤗🤗🤗Put me like, to make me happy.
Your Rocket Bomb🚀💣
15 Investment Strategies For Surviving The Corona RecessionAs restaurants, shops, airlines and factories shut down around the world, a global coronavirus-fueled recession is no longer a looming threat. It’s here.
During the last downturn, I lost a lot of money, and I don’t plan on doing that again. So, it is an excellent opportunity to reexamine it all and turn it into lessons or personal reminders.
One of Warren Buffet’s most famous sayings is “Rule No. 1: Never lose money. Rule No. 2: Never forget rule No. 1.” So, realistically, my target scenario during a recession is to stay flat. But, my blue sky scenario is to actually try and make some money as the world collapses all around.
So, this is the list of 15 lessons learned the hard way from my own experience and observations:
1. Be OK with no longer making money
The first step to making money during the downturn is to be OK with no longer making money during an upturn. It hurts to miss out on gains, but missing out on gains is the only way not to lose money. Your goal is to time your asset allocation so that you have the least amount of risk exposure when the cycle turns. The problem is that nobody knows when the period will turn.
2. Don’t panic!
This is truly invaluable advice from The Hitchhiker’s Guide to the Galaxy by Douglas Adams. So, make a plan and don’t make any hasty investment decisions. Try not to worry so much, especially if you are not near retirement age. If you have at least a 5-year investment horizon, recessions should be factored into your portfolio.
3. Buy gold
Gold is immune to recessions and so far it has been resistant to corona crises as well. Returns are usually inversely proportional to the returns of both stocks and bonds. So often, when other major asset classes fall, gold rises. A good hedge is to buy the largest, most popular gold ETF, SPDR Gold Shares (GLD). But in the digital age, you can even buy gold in the form of a cryptocurrency with PAX Gold (PAXG).
4. Buy dollars
Sharing similarities with gold, the US Dollar also boasts safe haven attributes. Due to its role as the world’s reserve currency and the backing of the world’s largest economy, the US Dollar is both liquid and sought after during downturns.
5. Cash is king
One of my best pieces of advice is to have some cash on hand during the recession. Buying stocks during economic slowdowns is a time-proven strategy to build wealth. Good companies generally don’t become bad stocks because of a recession or coronavirus. They do, however, often go on sale because of the crises. As Baron Rothschild, said: “the time to buy is when there’s blood in the streets.”
6. Buy long-term
Many investors focus too much on short-term stock price fluctuations. They tend to feel good when stock prices increase and become anxious when they fall. Some companies will thrive during a downturn. Consumers still need to eat during a recession, Costco (COST) and Walmart (WMT), for example, are good bets. How long should you hold a stock? Warren Buffett says if you don’t feel comfortable owning a stock for 10 years, you shouldn’t own it for 10 minutes.
7. Keep an eye on divorces
According to Forbes, divorce rates go up when the economy goes down. And when couples split, the assets have to be sometimes liquidated fast, especially to satisfy court rulings. For you savvy investors out there, one man’s heartbreak is another man’s treasure.
8. Consider commodity-based ETFs
The benchmark Bloomberg Commodity Index is currently about 55% down from the peak in 2011. Commodities have intrinsic value and you can assume their prices will not fall to zero. Thus, when they reach technical lows, I see a tremendous buying opportunity. Go long with iPath Bloomberg Commodity Index (DJP).
9. Take some risk and go net short
The only way to make a lot of money in a downturn is to take a risk. This means losing money if the downturn never comes. The easiest way to short risk is to buy an ETF that goes up when the underlying index it tracks goes down. One of the most liquid short ETF is Proshares Ultrashort (QID), shorting Nasdaq 100 Index. Russell 2000 small cap index (TWM) is quite popular in a bear market, as well.
10. Go long volatility
Volatility is a certain bet during crises. You can easily buy a volatility ETF such as iPath S&P 500 VIX ST Futures ETN (VXX). During the recent “corona crisis” sell-off, the VXX almost tripled from $15 to $40.
11. Go long US Treasuries
When the world is collapsing, investors tend to seek the safety of US Treasury bonds. Two of the most common ETFs to buy are iShares 7+ Year Treasuries (IEF) and iShares 20+ Year Treasuries (TLT). Buying TLT will give you more upside.
12. Take advantage of defaults
This is when cash comes handy too. As we saw during the last downturn, when the economy tanks, people lose their homes. When the market plummets, properties can be yours for pennies on the dollar. Once the market recovers, which is always the case you have a good cash-flowing property. The last recession was a nightmare for homeowners, but it turned out to be a boon for some real estate investors.
13. Buy stablecoins
Stablecoins are a storage place for crypto investors to escape the volatility. Dollar deposits no longer offer any returns. By investing in the new digital dollars you can profit from a large interest on your holdings. Blockfi, for example, offers 8.6% on Gemini Dollar (GUSD), and soon on Paxos Standard (PAX).
14. Invest in yourself
Think about what is the most impactful thing that you can do and where to grow. Don’t make decisions when you are angry or ecstatic. The best decisions are made with a clear conscious mind, not in the throes of any emotion. Everything has its right moment. And remember, what other people think doesn’t matter. Stick outside of the box and be confident.
15. Buy Bitcoin
People sometimes describe bitcoin as digital gold. But the difference is that while gold is physical and clunky, bitcoin is borderless and digital. The real genius of the Satoshi whitepaper lies in the fact that it predicts the upcoming collapse. It’s an alternative financial system that you can own a piece of. Bitcoin is essentially a call option on an outcome. I believe that Bitcoin has the potential to save us from the corona recession and the everything bubble.
This recession too shall pass
Ray of sunshine for investors is that nothing lasts. Recessions never create a new normal and, eventually, the economy will recover. For those of you who have enough money to be happy, taking an excess risk is unnecessary. Once you’ve made your money, the key is to keep it.
Ras Vasilisin is the founder and CEO at Virtuse Exchange , Singapore-based multi-asset platform with a significant presence in the EU, that allows investors in more than 100 countries to trade crypto and traditional assets.
Opportunity for STEEMAs we can see, steem did a huge pump, well played if you took it. Now, we can obviously see too that steem price is at this moment a mid term trend who can be used as a mid term support. The RSI is low, and AROON indicate oversold, who mean that STEEM is underrated. I didnt put any objective or target, because in my opinion this coin is just another pump and dump garbage, But : by the fact it touches a mid term trend, accumulating in a short term bull flag, and low RSI and AROON, I think this one deserve a try. Be carefull and dont forgot to put a stop loss at 157USD (i commonly used USD for reference, because BTC can hide some point in a trade). Good luck. And by the way, im not responsible of any loss of your money, you are the own master of it, not my fault if you by hight or sell low. Not a trading advice, just some idea.