Hey Friends! I continue to recommend the FXB ETF as a swing trade. I agree more with the bears on the British Pound than the bulls. But I think in the short to medium term it is the US dollar’s turn to suffer pain, and I think the fears in the Pound and Euro are overdone. The fear on the Pound is that the BOE is going to react to the Brexit by inflating madly...
Hey Friends! For my followers who are based in the US, you may have heard the recent news that crypto asset exchange Poloniex just announced that they will be excluding US customers from their platform. After a deal with an Asian investment group, Poloniex will be spinning off from its parent company Circle to become an international crypto asset exchange...
Hey Friends! BNB/BTC has formed a nice potential bottoming pattern, and has experienced some bullish buying volume, as seen in the chart below. My trading idea is to buy around current levels with a stop loss order around 0.00196, an initial target around resistance in the 0.0026 area, and a secondary target in the 0.0033 area. As seen in the 3 day BNB/BTC chart...
Hey Monero Maximalists Moving on to the XMR/USDT cryptocurrency pair, price has rebounded today from the local low of $51 up to the $62 area. Yesterday’s bullish move in XMR/USDT has largely been a result of riding the wave up along with BTC/USD in a slower fashion, in spite of the price decline in XMR/BTC. If price falls below the local low of $51, there is...
Hey Monero Maximalists! My favorite long term hold, Monero (XMR), remains in a bearish trend, as seen in the above chart. In the very short term, XMR/BTC failed to break above the 0.0075 resistance area yesterday and has since dropped back down to the 0.0065 area. If it can hold above the local low in the 0.0063 area, that will be a positive sign for the...
Heu Bitcoin Bugs! Over the past few days, Bitcoin (BTC) broke down below the $7714.70 local low, falling to a new local low of $7293.60. In the past 24 hours or so, the price has risen from the $7400 area up to a high of $9510 in the last few minutes on increased bullish investor sentiment after statements from Chinese President Xi Jinping, who said that China...
Hi Friends, My next crypto alert is Tierion (TNT), and I believe this one has some tremendous upside potential. TNT/BTC has just broken resistance in the 0.0000095 area and has manifested some bullish price action, as seen in the weekly chart below. One of the fundamental bullish catalysts for Tierion is that is still relatively low in price and market...
Hey Uranium Bugs! The company buys and stores uranium in the form of yellowcake (U3O8) and uranium hexa-flouride (UF6) with the primary objective of growing Net Asset Value through an appreciation in the uranium price. It is not an ETF and the underlying product cannot be redeemed or delivered against the shares like the GLD ETF . It is a traditional closed end...
Hey Friends! I believe that Aeon (AEON) has upside potential since it is often referred to as the “younger brother” of Monero (XMR), but remains extremely cheap in our opinion. Aeon is only about $0.19 USD, with a market capitalization of only $3.1 million USD, based on a supply of about 15.8 million coins at the time of this writing. Like Monero, Aeon also...
Hey Friends! Cameco is the largest non-state owned public listed uranium miner, with uranium interests in Kazakhstan, US, Australia, and Canada. In Canada, the company operates the Cigar Lake mine in the Athabasca Basin in Saskatchewan, currently the world's highest grade mine. In Kazakhstan, the company is in a Joint Venture with Kazatomprom, the state-owned...
Hey Uranium Bugs! UR Energy Inc . (URG: TSX:URE) is a US based uranium producer operating the Lost Creek in-situ recovery ( ISR ) mine* and processing facility in Wyoming, expected to produce 50-75,000 pounds in 2019. The company also owns the nearby Shirley Basin development project containing 8.8 million pounds and the Lost Soldier exploration project...
Hey Natty Lovers! Natural gas markets went back and forth during the trading session on Tuesday, as we continue to chop around just above is significant support. By doing so, it shows that the market is still trying to decide where we are going next. The $2.25 level is an area that of course offers significant support as it had offered massive amounts of...
Hey Monero Maximalists! “Monero is what Bitcoin noobs think they bought, which is fungible, digital, sound money.” - Dr . Daniel Kim It is my sincere opinion that there is no project more undervalued than Monero (XMR). During the Bitcoin crash on September 24 and again this week, I am salivating at the cost of cheap Monero. Start looking around for anything not...
Hey Friends! When buying a stock like this remember, you’re not buying an established blue chip. The assets are not proven. Management is not great. And the balance sheet is weak. But what do you expect at this share price? So, why on earth would anyone want to throw money at it. And that’s where experience and some IP help a lot. The company is a mess, but it is...
Hey Friends, There has been some bullish chatter regarding ChainLink (LINK) recently. LINK/USDT appears to have formed a market structure bottom having bounced twice off the 200-day SMA area (purple line), as seen in the daily logarithmic chart below. The bullish momentum appears to be accelerating, and Coinbase has recently added ChainLink, which is...
Hey Friends! Cardiovascular disease is the biggest killer in the world... And it's responsible for one of every three deaths in America. The leading medical solution to this deadly problem is installing an artificial pacemaker. These devices detect and fix irregular or abnormal heartbeats, called arrhythmias. Market research firm Statista says that more than 1...