D_Market_Outlook

D_Market_Outlook Updated 

Fundamentals 1. The main reason for fundamentally going long Ether is due to POS. In the future when POS is fully implemented. The supply of Etheruem will decrease and this will lead to headwinds bringing the price of Etheruem up. * Do note that this fundamental view requires a long horizon due to complexity of implementation of this POS. 2. As of the failed fork...

D_Market_Outlook Updated 

Short position for target 0.00445 and further target of 0.00390. Fundamental: 1. Look at the BTC fork. History is going to similarly happen. Till the day the fork happens, the alts like NEO, OMG will continue to fall. Money will flow to BTC. 2. No news from China as of yet, so this remains iffy. Technicals: 1. RSI has been on the declining trend. 2. The support...

D_Market_Outlook Updated 

Fundamentals: - Post RBA has been bearish for the Aussie, with Central Bankers stating their reluctance to normalise policies. - Coupled with the USD increasing strength due to strong economic fundamentals and Fed rate hikes(In my opinion not fully priced in due to an idiot still sitting in the white house). Technical side: - Bounced off daily resistance...