Lot of fud in the market in the whale media. We are still very strong bullish way.
Concerns Investors May Have: China is said to contain more of the world's real estate assets than any other country. Therefore one concern is the potential impact a possible default may cause to international property markets. Consumer confidence in real estate investments could reduce and perhaps lower property demand, potentially reducing real estate...
Scenario A: Considering BTC is failing to get above the 0.618 fibonacci level located around 43700-43900 this may be a early warning sign that cheaper prices are coming, but there is still hope: In the top image the 0.618 is claimed as support quickly taking us to the next resistance area above, if further resistances were claimed this bearish idea would...
evergrand to approaching zero. This is all about time... Crisis for China and the Chinese!
So while we wait for the #Evergrande thing to sort itself out, the city to pay attention to for cracks in the housing market here in the US is #SanFrancisco. They have had the highest housing inflation in the country over the last decade -- which is counteracted by the reality that both jobs and people are leaving the city in droves now due to its unaffordability,...
bigger patern play posted earlier. Inverse hs idea. check it. target 50k
Perfect sport long or all in. sell at 50k, re-entry at retest of 200MA. Everywhere inverse H&S
Here is a new Sell Opportunity. 💹NZD/USD ⏬SELL ✅ Entry @0.70700 or below ✅TP-1# 0.70600 ✅TP-2# 0.70500 ✅TP-3# 0.70000 ✅SL# 0.71800 My Forecast : This Pair Will fall because the crash of evergrande china will make it vulnerable, usd will be stronger and start tapering next year My sentiment is , NZD Will vulnerable facing USD and FED Decisions Also a steady...
In this post, I'll be providing an easy yet comprehensive explanation on the Evergrande crisis, and why it's important for us to understand the situation. Disclaimer: This is not investment advice. This is for educational and entertainment purposes only. I am not responsible for the profits or loss generated from your investments. Trade and invest at your own...
In this post, I'll be providing an explanation on a theory regarding the potential connection between China's giant real estate developer, Evergrande, and Tether. If you aren't familiar with Evergrande and the crisis it's currently going through, make sure to check out my previous post below: Disclaimer: This is not investment advice. This is for educational...
AT: - 2 failed tries to go above trendline - not overcoming higher high Fundamentals: - bad situation with Evergrande developer - soon tapering will be executed - autumn - end of vacation ;-) - very very big growth after pandemic lows this is only my opinion, not recomendation. I'm putting it here just to test if I had right later.
Hi Guys, the above is Ichimoku daily applied to the 4H chart (54;156;312;156). Also the daily moving averages 50 & 100 have been converted to show in the 4H chart (50=300;100=600). Below the Daily chart with its standard Ichimoku (9;26;52;26) but without Chikou and Tenkan. The opportunity was presented when price cleared the Tenkan(4H) outside the Kumo(H4)...
Afternoon traders, The decline across the crypto market appears to be in 3 waves labelled ABC . The C wave correction is possibly complete as you can count a 5 wave decline. To confirm the bullish trend is back in action ETHUSD needs to find support on the B wave top at 3600. Markets are in a risk on mode as Evergrande made payment on their first debt...
we are currently in a strong daily support and do you think we will recover from here??? maybe, Will the chinese government bail them out???
Excerpt from Petition:" Source from Petition LLC "Shenzhen-based The Evergrande Group ($EGRNF) is China’s second largest property developer by sales and the 122nd largest developer in the world by revenue according to the 2021 Fortune Global 500 List.* While its core business is buying land and developing it into residential real estate, it is really an...
Looks like the year long uptrend channel has finally broke (It was fun while it lasted). Now we wait and see the next move for $SPY as it makes a recovery bounce off the 100 Day Moving Average. Couple things to look out for before going full BTFD. Fundamentally speaking: The Evergrande debacle should have very little to do with the US economy, so a continuation...
Hi Guys, since Evergrande warned about the risk of default on August 31st, the SPX slipped into the Kumo accompanied by the following series of events: 0) Aug.31 - Evergrande warns investors about the risk of default; 1) Sept.6 - Trading in Evergrande's bonds is suspended following "abnormal fluctuations"; 2) Sept.8 - The group plans to suspend interst payments...
Some big dumps here with the Evergrande news... when I called 53k lower high it generally indicates probability is with further downside but it in no way can that predict events like potential real estate fueled recession in China. No oracle outside of insiders can predict that. All you can get are hints and probabilities in the TA. 40 to 41k seems bottom of...