VISAVisa will issue a crypto card with a cashback in Bitcoin. The new product will be offered to US customers in the spring of 2021. Visa will launch the card in partnership with crypto startup BlockFi, bank Evolve, and credit card operator Deserve.
Those who want to use a crypto card will receive an annual service fee of $ 200 and a cashback of 1.5% for each purchase. The cashback amount will be accumulated and automatically converted into Bitcoin on the client's crypto wallet in BlockFi.
Visa is one of the largest bankcard operators in the world. If the new card is really popular, it could have a positive impact on the company's financial performance.
Visa has tried to break ATH several times. It formed a bullish triangle pattern. If the 220 level is broken, a further movement to new heights is expected.
Best regards EXCAVO
Visa
The bullish movement keeps pushing / VISAToday, we will show our analysis and setup we are currently taking on VISA
a) There is a clear zone that the price had troubles to break (All time high zone)
b) Yesterday, we saw a new breakout of the zone after sideways movement from September
c) We have opened positions after the breakout of the last corrective structure
d) Our Entry level was above B (check the link to related ideas to see how we trade this type of structures) / Stop below C and Take Profit on the Fibo extension
e) We are taking the risk of 1% on our Capital
f) We expect a resolution of 30 - 45 days on this setup. The Risk-Reward ratio is 1.5
AYX at long term support: Reversal in playMajor support at the 115 level + a 3 year trendline on the weekly
Here's my last analysis on AYX:
We are ready for a new impulse on VISA Today, we will share a long setup on VISA
Main items we can see on the chart:
a) The price is on a critical level (either for a breakout or a reversal)
b) we conclude that IF the price makes a new higher high, we should expect a continuation of the bullish movement
c) The reasons are:
-We can see a Huge Corrective Structure (ABC pattern). The target of the Structure is the First Fibo Extension
-We can see a smaller Corrective Structure (that made a new ALL TIMEL HIGHS) (small ABC)
-The current corrective structure with the previous one, Provide us a solid Bullish view for this stock in case of a breakout above 217.90
d) We will be trading this setup with the same parameters we are showing here. Our Break Even level is 228,12
e) We expect a resolution between 12 and 20 days in case the setup is executed
f) We will cancel the setup if the price goes below C
Visa is seeing increasing selling volumeVisa is seeing increasing selling volume after another quarter of disappointing earnings. I believe as the Covid-19 in U.S. still not resolved, the stock could see some further downside. Since it broke 38%, it could make another dip towards the 61% where I will start build my long positions.
MA (MASTERCARD INCORPORATED) LONG SET UP (EARNINGS)TITLE/(DATE)- Buy LIMIT MA
ASSET- MA
PLATFORM- MT4
ORDER TYPE- Market first entry / Buy limit second
Time Frame- 1D
ENTRY PRICE 1- $314.50 (Market)
ENTRY 2- $307.50 (Pending)
STOP LOSS- $300.50 (140 PIPs)
TAKE PROFIT 1- $328.50 (140 PIPS)
TAKE PROFIT 2- $342.50 (280PIPS)
TAKE PROFIT 3- $356.50 (420 PIPS)
TAKE PROFIT 4- $370.50 (560 PIPS)
STATUS: ACTIVE
Aug-27-20 Initiated Mizuho Buy $400
Jul-21-20 Resumed Daiwa Securities Neutral $314
Jul-14-20 Initiated Goldman Buy $364
V VISA CORRECTION BUY THE DIPVISA IS RETRACING back to 190's.
First support line will be around 195, if that doesn't hold, next stop 190.
Keep a close eye on the MACD and RSI to see how far this retracement goes and buy the dip.
VISA is a favorite for hedge funds, and who doesn't use a card. Solid future and more affordable than Mastercard.
Hit like if you found this helpful.
Thanks, EV.
cro stablity in uncertain crypto timesthose who know me know that the only crypto im actually bullish on is cro, its the only one I have long term holdings in, and nit just cause I get free spotify and Netflix with it, the insane amount of perks and cash back, and the 16 percent yield farming, the coolest looking card that you cant call plastic, visa even backs this token, but because to hold cro means you have honest intentions to watch a supe steady 300 plus percent a year growth, this coin is actually super awesome. and to see it go through the September masacre and basically bounce right back, forget about the FA evaluations on this token, TA is saying theres good momentum, good signs, bullish crossing on the daily forming, already formed on the 4 hour marker, and its bouncing off its mature support level, I think this is the only crypto to realize solid and not overinflated profits at around 20% going into mid November and after stimulus time and pre Christmas this should be past the key area into the 22 to 25 cent range. that's way better then hunting down slaughtered to death coins like uni, so im doing a favor and posting this when I was kinda fencing about it but the crypto day traders need a break and need some decent profits as of late we been taking a beating lol
Short on open: 200.45
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