ZN1!: Series on Bonds- Sept 20th 2019(4-5 minute read)
This is a two part analysis on the US 10 year Treasury note, the second part analyses the yield. In my opinion, technical analysis is somewhat (okay-ish) effective in analysing bond price action, especially to bonds with longer maturities. This is because they are priced in terms of private expectations....
ONT/BTC not having an exciting reaction to the ascending gann fan line, therefore I expect a retrace to one of the lower green boxes.
Blue triangle indicates the current range.
Green box is buy.
Red box is sell.
Blue line indicates major resistance.
This is a log chart.
If the price will go above resistance $85, we should expect $99-100 as a target price. (neutral expectation)
If the price will go below support $73-74, we should expect $52-53.5 as a first support. (more likely situation)
According to the signals of Ichimoku, the medium-slip signals to the Fibonacci Fan Fibonacci, Fibonacci Fagots.
We see several signals for the purchase of BNB.
A special important signal is the appearance of the "Golden Cross" by Ichimoku and the predominance of purchases over "Komu" and "Kijun-Sen".
Enter a short position on Ethereum if it gave a pullback from TL + closes under it.
Enter a long position if it closes ABOVE it.
We expecting it will hit the TL, then fall.
Price could not hit it, and go close under 50% retracement for short.
It seems we may be in for another moonshot. TRX just went into a huge reversal sign and feels like it wants another run up, since the trend-line is up heavily we may presume that it will reach about 30% above it's previous run up.
Target 01: 0.00001148
Target 02: 0.00001392
Target 03: 0.00001704
So the Hardfork is getting closer and closer. BTC will likely drop, but where will it find support? If you look at the trend since July, You'll maybe say that it will find support at about 5000. that's the bottom limit for the long term trend.
One more thing that might argue the opposite: BTC will rise right after the Hardfork -> People will maybe trade the new...