CORE SEEMS TO ENTER A NEW BUILDING TREND (CYCLE)Based on our study, CORE appears to be experiencing a significant upward trend, suggesting potential for further growth.
CORE is showing interesting indicates data trends both technically and in terms of data analysis.
we will follow its progress to see if it reaches the $1.11 mark soon.
we will continue to monitor CORE for any new updates. The current cycle for this coin cycle began at $0.58 and it's already gaining traction.
note that this update is not trading advice.
Building
ETH - Building Block 🏢Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
🏢 Imagine ETH is trading inside a building, and you are currently on the fourth floor.
📌 $3500 is currently your floor/support. For the bulls to take over, we need a break above $3600.
In this case, movement up to the ceiling at $4000 would be expected.
📌 Meanwhile, $3500 is the ceiling pushing the price down to the floor around $3000 - $3100.
Which scenario do you think is more likely to happen? Which floor is more likely to hold?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
ETH - Building Block! 🏢Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
Imagine ETH is trading inside a building and you are currently on the third floor.
📌 1230 is currently your floor / support. For the bulls to take over, we need a break above the orange channel AND orange zone.
In this case, a movement till the ceiling 1300 would be expected.
📌 IF the 1230 support is broken downward, then you will be visiting your neighbor in the second floor to discuss ETH situation.
and so on...
As long as you are inside the building, you will be moving between these floors (locally)
📌 UNLESS you break below floor 1 or above floor 3, then you will leave the building for a longer journey.
If you break above floor 3, above 1300, then your next checkpoint would be around 1400-1500 resistance
Which scenario do you think is more likely to happen? Which floor is more likely to hold?
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
BTC Long? Position Building Could be wrong here but things are lining up to look like a decent uptrend but I am still bearish most markets and neutral BTC. This is a position building trade for me but can be converted into a pretty good trade for anyone. Levels are there. Additional entries are there as well as good TP. If sideways can always play then back and forth. Please note I am hedging this trade using multiple instruments to mitigate some of the risk. I am long term bullish but still in a bearish mindset due to the global economic situation. That being said bear markets are not all sideways and down. BTC is an inflation hedge and inflation is getting out of control fast. Biden keeps spending and the FED keeps hiking interest rates nothing good can come of it. People could seek out BTC as a safe haven driving price up. If not I will have a great position for the coming cycle and bull run. I might use 3x leverage but only to preserve capital for other things. Can always add to margin and remove the leverage if needed.
Not your financial advisor and this is just a basic idea for a trade. #DYOR and don't trade more then you can afford to lose. I am using 3% of my deposit on this trade or 1.5% if I decide to use 3x Leverage. This trade could last a long time for me but the target on there are off the 4HR , 12hr, 1Day and 3 Day TFs . You can see the other lines above if you want to hold it long term as well. Weekly has even more. Doubt we have seen the end of the bear market, I know it doesn't feel like it but never too early to start preparing and to be prepared just in case.
Best of luck... I was hesitant to share this as I worry some people will just see it without understanding it completely. If you don't understand what you are looking at then don't trade it. I did make it fairly simple and moved it to TFs from ticks. Please don't jump in this trade with high leverage expecting quick returns this is not the trade for it.
Many things went into this trade setup. TP1 will be fairly easy but could easily reverse to other entries after or anytime during. I am not worried unless it goes below 14k and even then the options will cover loss and can hedge any big reversals with opposite futures either on a different exchange or some let you long and short on the same in hedge mode. However, that technically isn't hedging.. Suggest you find an instrument you know and use it as a hedge. Options work great. There are many great ways to protect your capital.
GBPJPYGJ price drop to the low of 6july and & 16 june strong demand zone in 4h we see clear double bottom structure and now price is rebounding. Rsi bullish divergence shows buyers bias. Bulls try to hold this level and trying to push price upside now wait for the breakout of 162.44 level than entr buy position with the target of 162.35, 163.92 and above levels i mentioned in the chart your SL IS 161.55.
127 PIPS 1ST #TARGET
253 #PIPS 2ND #TARGET
100 PIPS #STOPLOSS
#GBPJPY #GY
Bullish momentum starts building up again at $45.36Litecoin price analysis shows the LTC prices are currently showing some bullish momentum building up again after a brief period of consolidation in the $45-$46 region. The prices have found some support near the $40 level and are currently trading around the $45.36 mark. The current market scenario suggests that Litecoin may rise towards the $50.36 resistance level in the near term. However, if the price fails to sustain above the $46 level, it may fall back towards the $40 support level.
Litecoin price analysis shows that the digital asset has started gaining some momentum as the trading volume is increasing lately, which is currently at $945,452,917.LTC is ranked at position 19 and the total volume market cap is sitting at$3,175,632,020. Litecoin price analysis suggests that the digital asset is likely to continue its upward trend in the near term as long as it sustains above the $45.36 mark.
The 1-day Litecoin prices analysis shows that Litecoin has started to retest the $50.36 resistance after a brief consolidation period in the $46-48 region. Litecoin price analysis has found support at $40 and is currently trading around the $45.36 mark. The bearish tried to push the prices below the $40 support level but failed to do so. In the last 24-hour timeframe, the technical indicator Relative Strength Index (RSI) has risen above the 50 level, which indicates that Litecoin prices may continue to rise in the near term.
Basic Steps Of Growing As A Trader / Investor“ You don't set out to build a wall.
You don't say 'I'm going to build the biggest,
baddest, greatest wall that's ever been built.
You don't start there.
You say 'I'm gonna lay this
brick as perfectly as a brick can be laid,
and you do that every single day,
and soon you have a wall.”
- Will Smith -
NEVER INVEST IN SOMETHING YOU DO NOT HAVE KNOWLEGE OF.
Choose What Kind Of Markrt You Wanna Be Involved In, I Peronally Trade In The Forex Market.
Introducing Forex
- What Is the Forex Market?
- An Overview of Forex Markets
- Uses of the Forex Markets
- Forex for Speculation
- How to Start Trading Forex
- Forex Terminology
- Basic Forex Trading Strategies
- Charts Used in Forex Trading
- Pros and Cons of Trading Forex
- What is Forex?
- Where is Forex Traded?
Evergrande: A DiscussionConcerns 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 prices.
Should this occur to a great extent, pre-existing property loans could outvalue the revaluation of the real estate asset.
This potential major contrast between loans outvaluing the associated properties could collapse some banks internationally.
A possible mass sell-off of property globally by investors and banks could burst the property bubble.
Another concern is investors could forfeit involvement in companies offering similar services.
There ore other confounding factors involving the current pandemic, employment, inflation and among others.
Thank you for reading.
Please share your thoughts.
Do you believe this company could be bailed-out or would other companies in a similar position expect similar treatment?
----
Disclaimer:
This does not constitute any form of advice including legal, financial or investment advice and should not be construed or relied on as such. Always seek advice from a qualified and registered legal practitioner or financial or investment adviser. Information presented is for entertainment purposes only.
Ktg running abc last wave ! Indicator show that double bottom boss keep collecting ticket and now running c wave ! hit resistant soon tp 0.4
VS Industry BhdFor traders who are stuck in this stock, you may just want to continue to read this. Since you had been holding on to this trade, I would say hold on to a few days longer.
That's what I'll do if I were you.
A break and close below 0.895 might encourage me to prepare to cut loss.
Another level I will be looking closely is 0.915 to spot if it breaks and closes above the high if it does I will observe how the market react at 0.955
Travis Perkins - Supplying profits and building accounts?Buy Travis Perkins (TPK.L)
Travis Perkins plc is a United Kingdom-based product supplier to the building, construction and home improvement markets. The Company operates through segments, which include General Merchanting, Plumbing & Heating, Contracts and Consumer.
Market Cap: £4.07Billion
Travis Perkins has completed an inverse head and shoulders bottom pattern on the weekly chart as prices advanced above 1495p. The shares gapped higher on the outcome of the general election in the UK, rising sharply towards 1841p. The shares have consolidated in recent weeks to close the gap created at 1544.5p and we have now seen a break higher from a wedge pattern. This suggests there will be a continuation higher in price over the coming days and weeks.
Stop: 1495p
Target 1: 1830p
Target 2: 2000p
Target 3: 2330p
Ibstock - Building momentum brick by brick.Buy Ibstock (IBST.L)
Ibstock plc is a United Kingdom-based company, which is engaged in manufacturing of clay bricks and concrete products. The Company's segments are the UK and the US. The Company's principal products include clay bricks, brick components, concrete stone masonry substitutes, concrete fencing, pre-stressed concrete products and concrete rail products.
Market Cap: £1.01Billion
Ibstock shares are trading in a short-term uptrend, which topped out around 265p. The break of resistance at 239p was met with fresh buying interest before profit taking set in. The corrective move lower in recent days has seen the shares retest the breakout level at 239p. A bullish flag/pennant pattern has also formed, which suggests higher price will be seen in the short term. The first target is the resistance at 266p, with the ultimate target up at 305p.
Stop: 235p
Target 1: 266p
Target 2: 275p
Target 3: 305p
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BDEV PrecariousHopefully the title isn't a shock to you, given Brexit uncertainty for the past couple of year. Rising wedge is usually a bearish indicator but you might notice that higher volume days are accumulative - big boys taking bullish position? I'm staying away but have alerts set to look at possible shorts in the longer term.
EURCHF Resumption of its core downtrend! EURCHF has seen a conclusive break of key support from its 1.1056/51 range lows to mark a resumption of its core downtrend, in line with our broader bearish stance following the completion of a large bearish continuation pattern in late June. We look for the trend to stay directly bearish with support seen next at 1.0989/84, but with the next meaningful support not seen until the "neckline to the base completed in July 2017 and the 61.8% retracement of the April 2015 and April 2018 rally at 1.0925/12.
US Yield... Helping USDYEN One of the biggest movers overnight, JPY is down 0.41% vs USD in the G10 space. CitiFX Technicals points out that 10y in US have broken out and real yields are pushing higher. 10y JGBs still stay in the rare negative area suggesting USDJPY should push higher. We would caution around chasing this move here but expect to see buyers around 111.40-50 area. Yields seem to be leading the way and if we get a move towards 2.82% that could push USDJPY higher towards 112.50. We have seen Leveraged buying USDJPY topside