Over the past week, the crypto market capitalization increased by 30% from 100 to 130 billion. A few days ago there was a maximum daily trading volume of 35 billion. Now we see a clear trend. We are moving in the ascending channel and by the end of the month market capitalization is expected to be in the zone of 140 + billion.
We begin to grow. A lot of good news....
We expect price to test the resistance pocket between 1.610 - 1.645 shortly, off the back of a bullish breakout and positive NAV movements.
LSF is still trading at a 10% discount to NAV.
There is the possibility of a pullback to retest the breakout point 1.500 - 1.540.
We expect any pullback to be met with big buyer demand, so long as the NAV keeps making gains.
NLY - Annaly Capital
This is one of my long term dividend holdings that I picked up today (600 shares). It pays a 10% dividend on a mostly flat chart (9.70-10.00). I like the move back above the 200 daily moving average (red line).
My entry of 600 shares was at $10.47 today, February 12th, 2019. More info at wingtrades.com
we now have access to the total crypto market cap excluding bitcoin right on tradingview! we can now apply technical analysis directly on the alt coin market cap chart! unreal!
1. we see the major trendline break (yellow dotted)
2. key psychology levels- $100 billion, $50 billion, $25 billion marks (teal lines)
3. descending channel (white)
Chart time frame - H8
Timeframe - 1-2 weeks
Actions on -
A – Activating Event
Currency Pair creating a Double Top . USD will move into consolidation towards the end of the week followed by a south movement towards the @1.307 level.
B – Beliefs
Market will be rejected at @1.3343 area and move towards the first Target 1...
4hr,1D,1W Chart looks great on all time frames. This is a longer term play 1-3 Months Target
4.55 R/R ratio with an Entry at 6450
A Safe R/R and Position sizing example for beginners: if trader X has $10000 In total and put $1500 on this trade the max exposure to loss would be only 0.69% of total trading balance. If you wish to risk more and subsequently...
Based on my calculations I derive a negative open on the J200 -249 points.
The UK market finished weaker yesterday.
US markets ended mostly lower yesterday.
Tencent trading down -2% currently.
S&P and FTSE futures pointing lower.
Traders should look to profit from arbitrage opportunities between the ALSI open and the J200 open based on our caculations.
Unum Capital: Technical Trade Ideas - FTSE100 and GBPUSD
This morning the UK's FTSE 100 Index Future and GBP/USD feature among my trade ideas.
FTSE 100 Index Future (Buy/Long)
Over last few weeks the British Pound has rallied on the back of positive developments in the UK around Brexit. We have also seen some positive data being released which...
On Friday, South African equity markets were stable, holding near the lows of the week and continuing to trade within a tight, two-day range. For the session, the All Share closed 0.05% higher at 57130, while the Top 40 index was in the green by 0.12%. Supporting the positive close was Naspers (+2.61%), Discovery Holdings (+2.27), Firstrand (+2.23%) and Tiger...
On Tuesday, the reality of South Africa's economic challenges manifested itself in the data set released by Statistics South Africa which showed that the economy contracted by 0.7% for the second quarter of 2018, following on from a 2.6% contraction in the first. Immediately following the release, weakness was seen in the Rand which saw a sharp sell-off from 15.02...
EU was rising in the past hours/days thanks to advancements in a EU-US deal. However, these days the rumors about Bank of England's governor not being changed as due as well as the expected rate hikes from Turkey are things to take into consideration when shorting.
French version below
Here is my AltCoins index, an update for some of you, along with other newly published crypto indexes.
Generally, these indexes do not have a long market history.
The idea is that that history is limited by the exchange / the market with the least history, it's not exactly that, but almost.
These indexes are not magic, a good strategy dwarfs...
BBX is facing a lot of resistance at $9.12. There's a lot of buying interests at this level. The volume is increasing however the CMF has yet to turn up positive. If we can manage to break the $9.12 resistance with conviction, we should be able to see BBX return to the All Time High at about $10.96.
We can see that the prices have fallen below the Standard...
Today I suggest you an interesting trading opportunity on EURCAD.
We are near an important static level and short dynamic level... so it's interesting to open a short position!
Great risk reward, but I suggest to place stop loss at a high level, given the volatility of this currency.