Based on fibonacci, I expect a bounce on the 0.786 line ($1.18) and run back to $1.22.
According to a prediction, economical bazzars will suffer a big loss around 20% if there will be no good programming for this problem.(Mark Zandi, one of the greates economists of USA). Also, Jim Cramer( A great writer and investor from USA) has mentioned that he was wrong to say to the people choose 10% of your investment as pure gold and instead, they have to...
Hello, CargoX ( KUCOIN:CXOBTC / KUCOIN:CXOETH ) is still right on track for the mandatory launch of the Egypt ACI System. The candles have finally deviated from the blue arrow predictions. This is an update from my last post on the 2nd of June: Hello, Even with recent price movements of Bitcoin and Ethereum , CargoX ( (CXOBTC*BTCUSDT+CXOETH*ETHUSDT)/2 )...
Bitcoin will cross the strong suport and will more higher to 35k area 🚩🚩🚩🚩
Total value locked in the curve finance is increasing too. There is a prominent cup and handle pattern in the daily charts. I have entered some long positions in CRV. This chart is just an expression of possibly trajectory for CRV in the coming weeks.
HEX IS NEARLY TWO YEARS OLD NOW AND IS GIVING THE MARKETPLACE HISTORY, DATA, AND EARNINGS STREAMS FOR INTELLIGENT INVESTORS TO ALLOCATE ADDITIONAL CAPITAL EARLY ADOPTERS HAVE BEEN REWARDED WELL BUT IT SEEMS WE HAVE ENTERED A NEW PHASE OF ADOPTION
Macro Reasons -China has a population of 1.3billion VS US's 0.33 Billion, about 4x more -Rising Chinese middle class with a growing disposable income -It is estimated that China's GDP is set to overtake the US in 5-8 years Fundamentals Reasons -With 56% of the e-commerce market share in China and a growing e-commerce pie, Alibaba is poised for greater growth...
$35 seems to be a strong support level for British American Tobacco, will be looking to sell some puts or go into a long position if it falls to $35 and below. Also earnings at approximately $4 per share will provide great support as it will be trading at p/e of 8.75 which is extremely cheap for a global consumer defensive business growing at 2-3% EPS....
Key levels from my previous analysis at the beginning of the week are being tested right now.
-Possible Inverse Head & Shoulders on the Daily chart. -One big wick during the first big drop is out of the context making this possibly invalid.
XDC to XRP trading pair (not on the chart's exchange, dyor on where to get trading pairs, be safe out there) i am engaged in a xdc position, whcih i may now choose to unload in favor of grabbing more xrp at a current usdt equivalent that is cheap for me; the overall goal is increasing xrp and possibly buying back 1:1 position size for xdc at a cheaper retrace...
Hello Traders. Here is THE XAUUSD UPDATE YOUVE BEEN WAITING FOR! Here is my Previous Analysis on GOLD - The economic data, the stock market, and businesses' actual health are completely out of sync. That is because the U.S. stock market is still sitting near its record high while enterprises are consistently forced to close. With the new variant of...
Pricing #BTC in Gold ounces shows a peak at 1 oz, then again near 1 lb, then again just before 2 lbs and backtest to 1 lb where we found support. If we break 2 lbs again any bets BTC next peaks somewhere around 3 lbs or 4 lbs? These could be strong psychological levels for those not pricing in USD fiat.
This will be interesting to see how the next few months go. I have no idea one way or another, I don't really believe anyone does, but this chart is very telling of the runup we had in QQQ with very low interest rates. Once the fed does actually begin moving, I'd expect a sharp drop off in growth stocks that rely on low interest rates if they are not making...
Caterpillar was one of the favorite value / cyclical plays coming out of 2020’s mini-depression. Now, the Dow Jones Industrial Average member just had its biggest pullback in a long time. This chart highlights the deeply oversold condition on stochastics, which fell on Monday to their lowest level in over a year. CAT also just had its worst week (-9.6%) since...
How I came up with this? - I smoked catnips. Context: Recent IRS news crashed btc price. If this whale sold bitcoins before, it have to pay capital gain tax. If this whale bought back what it sold then do covered short with new 1x longs (I saw long & short goes up together), then close the shorts at top or where it sold, this could reversee it's realized...
I suspect Feeder Cattle will clear the resistance and go for a run towards the highs. People will always need to eat, trillions of dollars printed in the last year and weakening supply will likely make it happen.
Once again, inflation numbers beat expectations, but the increase is smaller than the previous increases. Many food manufacturers are planning on increasing their prices in the following months, with the producer price index up 6.2% in April (versus 4.2% inflation) and their profits volatilized. The bull case for gold is here but it is not enough, it already went...