DWAC shareholders & Trump approve merger then fake news LONGDWAC voted to merge with former presidental Trump social media enterprise. Then a CNBC staff
writer has an article:
Donald Trump told followers, “I LOVE TRUTH SOCIAL” — but shareholders in the newly merged company that will own that social media app might not feel so great.
The shell company Digital World Acquisition Corp. saw its share price plunge nearly 14% in the hours following shareholder approval Friday morning of a merger with the former president’s social media company to take it public.
The drop could reflect concerns about whether Trump Media & Technology Group, which is being merged with DWAC, can ultimately deliver significant revenue — and whether Trump will try to cash in on his share early because of his many legal problems.
My review of the chart is that DWAC underwent normal volatility going into a merger vote
without complications. The volatility is healthy and traders/investors are contesting fair
value. Share price is the same as it was two weeks ago. Astute traders may consider this a
discount move for a long position. Trump is a majority shareholder. Of course, a buy of shares
benefits both the buyer and Trump in stabilizing market cap which has slowly fallen. He
cannot sell shares to fund legal proceedings and their costs for six months. The writer
who I have not named, in my opinion only, does not know jack____. He is simply trying
to put up a headline gets some reading volume and capitalize on it. He should get
one of the stock analysts that consult on his network to give him an education and then
publish a retraction. The headline might be " This clueless writer but out fake news and
is now better informed. He apologizes to the subjects of that fake news"
Enough said.
Volatiity
Range trading: Crypto currency market as for 19/02/2019Here we publish signals of the indicator called “Ranger” . It was developed by our experts for intraday trading purposes.
This indicator is based on statistical analysis of the data and provides information about possible maximum/minimum values of the day (just right after the day has started) with certain probabilities.
What does this information give to the trader? Actually, a lot. First of all, trading signals. For example, if during a day the price approaches the upper (lower) mark, it can be concluded that it will not go higher (lower) prescribed mark today with already known probability. So, you can open a position opposite to the current movement, knowing in advance that it will be profitable with the certain probability.
BTCUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 3927
Long position 2
(The price today will not fall below this mark with a probability of 95%) 3846
Long position 3
(The price today will not fall below this mark with a probability of 99%) 3764
Short position 1
(The price today will not rise above this mark with a probability of 68%) 4056
Short position 2
(The price today will not rise above this mark with a probability of 95%) 4138
Short position 3
(The price today will not rise above this mark with a probability of 99%) 4219
ETHUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 142.23
Long position 2
(The price today will not fall below this mark with a probability of 95%) 137.55
Long position 3
(The price today will not fall below this mark with a probability of 99%) 132.87
Short position 1
(The price today will not rise above this mark with a probability of 68%) 151.53
Short position 2
(The price today will not rise above this mark with a probability of 95%) 156.21
Short position 3
(The price today will not rise above this mark with a probability of 99%) 160.89
XRPUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 0.3240
Long position 2
(The price today will not fall below this mark with a probability of 95%) 0.3155
Long position 3
(The price today will not fall below this mark with a probability of 99%) 0.3070
Short position 1
(The price today will not rise above this mark with a probability of 68%) 0.3404
Short position 2
(The price today will not rise above this mark with a probability of 95%) 0.3489
Short position 3
(The price today will not rise above this mark with a probability of 99%) 0.3574
Calculations are based on the historical data and history doesn’t necessarily repeat this particular day. About mentioned probabilities are not 100% and do not guarantee risk-free trading.
Opportunity for buy at low volatility=massive potentialHistory with Bitcoin circa-2015/2016 and especially Altcoin trading proves that buying at low volatility and volume gives the buyer a higher chance for long term gains, this is what the market is waiting for.
STDEV will dip below it's 365 MA ( both configured for 24/7 altcoin trading hours), this will be the right time to accumulate. RSI will give the signal for best entry.
EMC2/BTC Hunt Volatility Funnel (HVF)?(Note: I'm a beginner at technical analysis. Comments welcome.)
Though not perfectly formed, this looks similar to a Hunt Volatility Funnel (HVF). Volatility decreasing over the past few days, now a pinch forming on Bollinger bands. I estimate a breakout through 250 satoshi. 5.78 Risk/Reward Ratio.
Volatility risk premium less stable source of Alpha through XIVAs volatility is becoming more violent and frequent and generally on the rise, the source of alpha through XIV ETN products which shorts second month VIX futures to buy front month futures back is becoming less stable.
Whist the VRP (Volatility risk premium) remains technically, the period of rough water will err on the side of the statistically unlikely in terms of XIV returns. Held long enough it should remain its upward trend but due to -1x leverage and associated convexity (Volatility drag) will further eat away at its performance.
I would suggest avoid playing roll yield or VRP through ETN's whilst the water is rough, stick to futures / options / proxy plays - not because one cannot continue to do this successfully, but that there is a growing chance of continued underperformance.