CFG
$CFG macro analysis ⏰ RWA project One of my favourite coin 📌 OKX:CFGUSDT
Don't BUY if price goes below red box 📍 which is danger ⚡ to coin 🪙 #cfg
Below $0.8 always BUY / accumulation
Target 1 = $2.6 in short term 📌
Target 2 = $5.4 in macro ( I may be target 1 also )
Pls DYOR , just follow article for future updates 📌 soon i will post many updates on this coin under this article/ analysis 📜
CFG Citizens Financial Group Options Ahead of EarningsAnalyzing the options chain and the chart patterns of CFG Citizens Financial Group prior to the earnings report this week,
I would consider purchasing the $37.50usd strike price Calls with
an expiration date of 2024-8-16,
for a premium of approximately 1.20.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
CFG Citizens Financial Bearish ShortTrend Bearish
Lower Highs
Lower Lows
POC falling
RSI below 50
Stochastic Bearish
MACD Bearish
A break below Pivot(See Chart) would reach quickly next Target at 13,80
Citizens Financial Group, Inc. Announces Preliminary Stress Capital Buffer
This document contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Any statement that does not describe historical or current facts is a forward-looking statement. These statements often include the words “believes,” “expects,” “anticipates,” “estimates,” “intends,” “plans,” “goals,” “targets,” “initiatives,” “potentially,” “probably,” “projects,” “outlook,” “guidance” or similar expressions or future conditional verbs such as “may,” “will,” “should,” “would,” and “could.”
Forward-looking statements are based upon the current beliefs and expectations of management, and on information currently available to management. Our statements speak as of the date hereof, and we do not assume any obligation to update these statements or to update the reasons why actual results could differ from those contained in such statements in light of new information or future events. We caution you, therefore, against relying on any of these forward-looking statements. They are neither statements of historical fact nor guarantees or assurances of future performance. While there is no assurance that any list of risks and uncertainties or risk factors is complete, important factors that could cause actual results to differ materially from those in the forward-looking statements include the following, without limitation:
Negative economic, business and political conditions, including as a result of the interest rate environment, supply chain disruptions, inflationary pressures and labor shortages, that adversely affect the general economy, housing prices, the job market, consumer confidence and spending habits;
The general state of the economy and employment, as well as general business and economic conditions, and changes in the competitive environment;
Our capital and liquidity requirements under regulatory standards and our ability to generate capital and liquidity on favorable terms;
The effect of changes in the level of commercial and consumer deposits on our funding costs and net interest margin;
Our ability to implement our business strategy, including the cost savings and efficiency components, and achieve our financial performance goals, including the anticipated benefits of the Investors acquisition and HSBC transaction;
The effects of geopolitical instability, including as a result of Russia’s invasion of Ukraine and the imposition of sanctions on Russia and other actions in response, on economic and market conditions, inflationary pressures and the interest rate environment, commodity price and foreign exchange rate volatility, and heightened cybersecurity risks;
Our ability to meet heightened supervisory requirements and expectations;
Liabilities and business restrictions resulting from litigation and regulatory investigations;
The effect of changes in interest rates on our net interest income, net interest margin and our mortgage originations, mortgage servicing rights and mortgages held for sale;
Changes in interest rates and market liquidity, as well as the magnitude of such changes, which may reduce interest margins, impact funding sources and affect the ability to originate and distribute financial products in the primary and secondary markets;
Financial services reform and other current, pending or future legislation or regulation that could have a negative effect on our revenue and businesses;
Environmental risks, such as physical or transitional risks associated with climate change, and social and governance risks, that could adversely affect our reputation, operations, business, and customers;
A failure in or breach of our operational or security systems or infrastructure, or those of our third-party vendors or other service providers, including as a result of cyber-attacks; and
Management’s ability to identify and manage these and other risks.
Strong Daily Stock price targets for CitizensFirst CZFC are 25.49 and 25.92
Monthly Target 1 23.59
Monthly Target 2 24.63
Monthly Target 3 25.176666666667
Monthly Target 4 26.22
Monthly Target 5 26.77
Regional Banks Leading Market to Hell?Regional Banks have always led our economy during booms and during busts. You will note from this simple chart that one key trend line has measured our current secular bull market. Regional banks have remained above this trend line since it was first touched in 2009. Excluding March 2020 (Covid19), which is not valid data, regional banks have never dipped below with confirmation. My best guess is that if they do, it will spell the beginning of the end for the U.S. macroeconomy in its current secular bull run. Watch closely as regional banks are really flushing the toilets today. If not careful, they may also need a savior. Enter JPOW and the Fed for a surprised pause/pivot ...if so.
PacWest, NASDAQ:PACW : -36%
Western Alliance, NYSE:WAL : -31%
Metropolitan Bank, NYSE:MCB : -27%
HomeStreet, NASDAQ:HMST : -23%
Zions Bank, NASDAQ:ZION : -15%
KeyCorp, NYSE:KEY : -9%
HarborOne, NASDAQ:HONE : -10%
Citizens Financial, NYSE:CFG : -12%
Remember, of our four largest bank failures to date: Washington Mutual (-386 billion), First Republic (-$233 billion), SVB (-209 billion), and Signature Bank (-118 billion) ...three of these have occurred in the last 2 months ...and we ain't done yet, folks.
The true shitcoins are large centralized corporate banks. We must be ready to transition to an alternative currency solution. Enter Bitcoin/crypto. Be ready.
Best,
Stew
CFG Dominant Green TrendCFG has formed some interesting patterns, Descending Broadening Wedge, which led to a breakout and trend confirmation of the green line
This green line is currently being tested and will likely hodl
A bounce off this line will lead to further continuation for the bulls, as indicated by the double green curve
Oil bearish until end of april - contrary to geopolitical situatThe high for oil is probably set, for at least a month. It speaks for itself that this is contrary to the current belief due to the war in Ukrain, but the charts speak for themselves.
Expect a correction during the remainder of march and april. Target for the correction is 104 to 106 level. Once the correction is over, Oil will probably rise during summer to 168 - 170.
The elliott wave is shown. Indicators also shown a momentum high, both RSI as the CFG (cardwell's improved version of the RSI). Especially the CFG is showing a momentum extreme, so a cooling off period is very probable.
Timing analysis shows a fibonacci balance of wave 4 to end somewhere in april.
Bitcoin - long term bottom in place - first target 60k in juneBitcoin is showing is that a longer term bottom is in place, because of the following reasons.
Momentum analysis
The weekly chart found support on the RSI 40 level. A longer term Positive Reversal (LT PR) is there, with a signal count of 16. The Cardwell CFG is bottoming out at the same level as in june 2021.
Elliott Wave
The strong leg up to april 21, is followed by a textbook flat. The internals are 3-3-5. The strong rebound at 32950 indicates flat-C to be ended, which shows we are in an impulsive wave up now.
Target and invalidation
- Invalidation: This scenario is invalidated if Bitcoin falls below 32950
- Targets: the first important targets along the way up are the endpoint of wave 1, so somewhere between 60k to 70k. This will probably be reached between april and june. Strong resistance will be found at 52k (previous 4). Eventually 95k and higher are expected.
CFG/USDT Bouncing back from Support - Perfect buying opportunityCentrifuge pumped and made a 50% correction. At the moment bouncing back from the support and Fibonacci 0.5 at $1.5392. We might see some sideways movements for the next couple of days. Wait for it to break out of the triangle to enter. Watch out for the resistance at Fib 0.236 and major resistance at $2.1979. We might see a bullish move up after the breakout.
This is not financial advice please DYOR. Please manage your risk accordingly. Next support at $1.3838 and $1.1625. Major support below $1 (please refer to the green demand area)
Centrifuge (CFG) - undervalued low cap gem (Kucoin)Centrifuge bridges real-world assets like invoices, real estate, and royalties to DeFi. Borrowers can finance their real-world assets without banks or other intermediaries, and providing liquidity is open to everyone, investors receive a return plus CFG rewards. By opening these doors to small and medium enterprises, which have historically faced financial issues, we are enabling them to access financing securely, transparently and efficiently.
Centrifuge is mainly looking for Tinlake (tinlake.centrifuge.io) investors, asset originators, and validators. An Asset Originator is a company that advances financing to multiple businesses or individuals. Tinlake, a Dapp built on the Centrifuge chain, allows Asset Originators to finance their assets and investors to invest in them. Tinlake investors can invest in the pools made by asset originators, and receive a stable return.
Source - blog.coinlist.co
CFG currently on an uptrend since the huge sell-off soon after the coinlist token unlock. This is not financial advice please DYOR on this project and place stop loss below the red lines accordingly. This is massively undervalued and going to moon soon. Start accumulating for long term and take advantage of Tinlake for passive income.
T-note short with target 134 or even 130T-note finished (or is about to finish) a run up to 139. This last leg up is a Wave B, once this leg is finished we can expect a big decline to 134 (previous wave A) or even 130 (previous wave 4).
The reasoning behind the expectation that the current uptrend is about this finish is based on RSI (does not get above 65), multitimeframe analysis (see weekly chart) and CFG (cardwell's work).