#BITCOIN is down today BUT #FDIG suggests upsidefor the #crypto space
as are the #BTC miners which are performing admirably.
So we have a disconnect going on between wall st and the overall crypto space which is non euphoric and has completely reset sentiment since March.
My view this gets resolved to the upside , follow the smart money.
#HVF
@TheCryptoSniper
Fidelity
FBTC: Break Out After 12 Months of Sideways - DCA TradeAll the white lines are buys. My weighted average price per share would be somewhere in the middle. I Dollar Cost Averaged into the position from basically the launch of the product on exchanges earlier this year, Say March 24. The trade looks to finally be playing out.
Long Term Hold position for me, and will add on higher timeframe (1 Day, 3 Day, Weekly) oversold conditions outside a normal standard deviation.
Fun time to be a trader at the moment.
Fidelity National launches climate risk assessment modelFidelity National Information Services Inc., a renowned financial services and outsourcing solutions provider, recently unveiled a new product to address climate risk assessment. As businesses grapple with the increasing uncertainty brought about by global climate change, Fidelity is positioning itself as a key player in the market for analytical tools.
Fidelity National’s newly introduced service, named the Climate Risk Financial Modeler, operates on a Software-as-a-Service (SaaS) subscription basis and is designed to assess risks associated with the physical assets of businesses and non-profit organisations. This tool is tailored for financial professionals seeking innovative methods to manage risk throughout the economic lifecycle.
Exploring potential trading opportunities, let’s review the technical analysis of Fidelity National Information Services Inc. (NYSE: FIS):
On the Daily (D1) timeframe, the stock has established a resistance level at 78.55 USD and support at 73.40 USD. The stock has been in an uptrend since the end of October 2023. If a downtrend begins, a potential downside target might be set at 60.10 USD.
However, if the current uptrend maintains its momentum and the stock price surpasses the resistance at 78.55 USD, there could be an opportunity to buy with a short-term target of 85.15 USD. For a medium-term investment strategy, the stock price might rise to 94.00 USD if the positive momentum continues.
__
Ideas and other content presented on this page should not be considered as guidance for trading or an investment advice. RoboMarkets bears no responsibility for trading results based on trading opinions described in these analytical reviews.
The material presented and the information contained herein is for information purposes only and in no way should be considered as the provision of investment advice for the purposes of Investment Firms Law L. 87(I)/2017 of the Republic of Cyprus or any other form of personal advice or recommendation, which relates to certain types of transactions with certain types of financial instruments.
Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69.88% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Wyckoff Schematic #1: Distribution for #BTC USDBlackRock is making a big move into Bitcoin with an ETF aimed at wealthy baby boomers. They are a huge financial company with $9 trillion in assets under management. BlackRock bought 11,500 Bitcoins, diving into the market, expecting a big comeback.
Despite the leviathan's moves, market's reaction to ETF approvals is erratic. The market is reacting to rumors with schizophrenia. Bitcoin's price drops below $43,000, and traders don't seem to be reacting much to the ETF rumors. This "sell-the-news" effect is not a sign of a positive This isn't a sign of a strong trend. It's the sound of uncertainty. It's like the crowd leaving the theater before the play is over.
And there's more. The delay in the Ethereum ETF by American bank TD Cowen disrupts market optimism. It shows that not everything is good in the rules, and not every opportunity in crypto will be accepted. This news alone could start a bearish turn. It may lead to $40K support being seen as a trapdoor to lower lows.
The market sentiment has become neutral after ETF, and it's like the calm before a storm. The dip under $42,000 is not a discount—it's a warning shot. Traders eyeing support at $40K might find themselves not at the bottom. It's a precipice with a market ready to capitulate.
Now, let's turn our gaze to the two scenarios laid out before us in the tale of two charts.
If we keep going down, the Wyckoff Method shows that we're in for a big surprise. This isn't a methodical distribution. It's a tactical retreat by smart money. Retail holders are left to play a game of musical chairs. The music has stopped and there are no chairs left.
If we surge up, breaking resistance, the recent top at $49,000 might be just a pitstop. It could be an 'Upthrust' (UT), followed by 'Upthrust After Distribution' (UTAD). This wouldn't show a market going back, but a market getting ready to jump past $50,000 like it's easy.
The market is at a turning point. Big forces are pulling in different directions. BlackRock getting into Bitcoin could have a big impact, either positive or negative. It's like a potential leader who might guide people in the wrong direction. The charts show caution. The news indicates change. The best strategy prepares for volatility with strong logic and risk control.
Prepare for the worst, hope .
To make the most out of it, just remember that the world of cryptocurrency is always changing. So, stay grounded and embrace the fact that change is the only constant. In the world of cryptocurrency, things always change. There's a chance of a big crash or a huge rally, and the risks are very high.
The aggressive play here involves more than just looking at charts and news. It's also about understanding the situation. The smart money, the institutions—they're making their moves in broad daylight. If the market goes up again, BlackRock's buying of a lot of Bitcoin when the price was low could be a great move. It shows that the current prices might just be a phase before a big increase. This isn't just how the market works. It's like a very risky game of chess, but with digital money.
If the market turns bearish, the Wyckoff structure may lead to a landslide. This would serve as a stark reminder of the law of action and reaction. The crash, if it comes, will not be gentle. When the market turns and support levels weaken, it will show how harsh markets can be.
In this volatile mix, the news of ETF approvals and delays is like throwing gasoline on the fire. It's the kind of fuel that could either ignite the market to new heights or burn the hopes of many to ashes. After ETF approvals and delays, market sentiment is uncertain. It can either lead to a big change or signal a surprising move.
This is not a market for the indecisive. This market is for people who are brave enough to handle a big drop or are sure enough to go along with a big increase. As news comes out, the story changes, and this makes the future of Bitcoin more mysterious.
In such times, be aggressive. Don't just watch, be actively prepared for contingencies. Keep your eyes wide open, your decisions data-driven, and your investments diversified. The big crash, if it's on the horizon, will be ruthless. The big rally, if it's in the cards, will be exuberant. The winner pivots with precision. They are backed by insight and unshaken by crypto currents. Proceed with caution, but proceed nonetheless. This is the world of crypto. Here, the courageous succeed and the cautious endure. Choose your path wisely.
school.stockcharts.com
FDIG shaping up nicelyAnything tied to crypto is all looking bullish. This ETF from Fidelity Is coming around very nicely. Nice curve with consolidation on support. With Bitcoin sliding its way up Im i would expect theses to follow Im looking for a target around 25 for the short term. Im not all the way sold on a bullish BTC yet but these etfs are a nice way to benefit from btc and cryto rallies
The most accurate Corn futures Ganns and FibonaccisI don’t know why these support and resistance so well. I had a 1.9gpa in hs bc I was poor and wanted in skilled trades to make money. But I realized my back and ankle issues make it impossible to make money where I’m at. So I learned this. I don’t invest but I want to work at Citadel one day.
Most accurate Ganns and Fibs on mobile I don’t know much about stocks or economy. I’m good at patterns, numbers and shapes. I started fittings Fibonacci and ganns to find patterns and I got to a point I think is really good. I made this idk how long ago. Maybe 1-2 years initially. Now we are about to go into another big fib / gan. With these fib levels you can insert smaller fibs into the smaller fib boxes and it works good as you can see.
BTC Bitcoin ETF Optimism Drives Towards $37,900 ResistanceIf you haven`t bought BTC here:
Then you should know that the inclusion of Coinbase surveillance sharing agreement (SSA) in a spot Bitcoin ETF refiling by BlackRock is a game-changer. As the world's largest asset manager with over $9 trillion in assets under management, BlackRock's involvement brings a new level of credibility and institutional support to the cryptocurrency market. This move demonstrates their confidence in the potential of Bitcoin as an investment asset.
Nasdaq's inclusion of the Coinbase SSA further solidifies the positive sentiment surrounding Bitcoin. Nasdaq is a renowned stock exchange and their involvement in facilitating the surveillance and regulation of a Bitcoin ETF enhances investor confidence.
The endorsement from Bernstein, a reputable $650 billion asset manager, adds fuel to the bullish case for Bitcoin. Their belief that the Securities and Exchange Commission (SEC) is likely to approve a spot Bitcoin ETF indicates growing acceptance and recognition of the cryptocurrency by traditional financial institutions.
Adding to the positive outlook, Fidelity, a massive $4.2 trillion asset manager, has officially filed for a spot Bitcoin ETF, designating Coinbase as their surveillance sharing agreement counterpart. Fidelity's involvement reinforces the notion that established financial giants see the potential of Bitcoin and are actively seeking opportunities to enter the market.
With these major players entering the scene, it is reasonable to anticipate increased adoption and acceptance of Bitcoin as a legitimate investment asset. The combined weight of BlackRock, Nasdaq, Bernstein, and Fidelity lends credibility and creates a favorable environment for regulatory approval of a spot Bitcoin ETF.
Considering these recent developments, along with the growing mainstream acceptance of cryptocurrencies, it is highly plausible that Bitcoin will reach the next resistance level of $37,900 and potentially continue its upward trajectory.
Peter Lynch's Updated Investment StrategiesPeter Lynch's Investment Model: Adapting the Wall Street Legend's Strategies to Today's Markets
As someone who has been inspired by Peter Lynch, another of my investing mentors, I am excited to explore how his strategies can be adapted to the ever-evolving financial landscape. In this article, my goal is to share valuable insights that fellow investors can apply in today's dynamic markets while still drawing from the wisdom of this Wall Street legend. This is a follow-up to the article I wrote about Warren Buffett's investment model, as both figures have greatly influenced my investment approach.
Peter Lynch has long been regarded as one of the most successful mutual fund managers in history. His investment strategy, which focuses on growth and finding "tenbaggers" (stocks that can increase in value tenfold), has proven to be highly effective. However, as the financial landscape evolves, it's essential to examine the continuing effectiveness of his approach in today's markets. This article will explore key aspects of Lynch's investment model and assess which elements remain relevant and which may have lost their edge.
Section 1: The Core Principles of Peter Lynch's Investment Model
1.1 Growth investing and finding "tenbaggers"
a. Earnings growth: Lynch focuses on companies with strong earnings growth potential, as this is often the primary driver of stock price appreciation.
b. Market-beating returns: By identifying "tenbaggers," investors can achieve market-beating returns and significantly grow their portfolios.
c. Industry trends: Lynch pays close attention to emerging trends and industries, which can provide opportunities to invest in high-growth companies.
1.2 Investing in what you know
a. Understanding the business: Lynch emphasizes the importance of investing in companies whose business models are easy to understand, increasing the likelihood of making informed decisions.
b. Personal experience: Investors can leverage their personal experience and knowledge to identify promising investment opportunities.
c. Thorough research: Lynch advocates for thorough research and due diligence before making any investment decisions.
1.3 Valuation and price-to-earnings ratio (P/E)
a. Relative valuation: Lynch often uses the P/E ratio to compare the valuation of different companies within the same industry.
b. Earnings growth and P/E ratio: Lynch's strategy focuses on finding companies with high earnings growth rates trading at reasonable P/E ratios.
c. PEG ratio: The price-to-earnings-to-growth (PEG) ratio is a key metric in Lynch's approach, which compares a company's P/E ratio to its expected earnings growth rate.
Section 2: The Changing Landscape: Points of Lynch's Strategy Losing Effectiveness
2.1 Overemphasis on P/E ratio
a. Limitations of P/E ratio: The P/E ratio may not accurately capture the value of companies with significant intangible assets or those experiencing temporary earnings fluctuations.
b. Alternative valuation methods: Investors should consider incorporating alternative valuation methods, such as discounted cash flow (DCF) analysis and enterprise value-to-EBITDA (EV/EBITDA) ratio, to better assess a company's true worth.
2.2 Rigid focus on growth investing
a. Cyclical nature of growth stocks: Growth stocks can be more susceptible to market fluctuations and economic downturns, making them potentially riskier investments.
b. Value investing opportunities: A rigid focus on growth investing may cause investors to overlook undervalued stocks with strong fundamentals.
c. Portfolio diversification: Balancing growth and value stocks can help manage risk and enhance overall portfolio performance.
Section 3: Adapting Peter Lynch's Investment Model to Today's Markets
3.1 Incorporating technology and disruptive innovation
a. Embracing technology: Investors should seek out companies with innovative technologies that have the potential to become industry leaders in their respective sectors.
b. Identifying disruptive companies: The rapid pace of technological innovation has led to disruptive companies reshaping entire industries, with early investors often reaping substantial rewards.
c. Balancing growth potential and risk: Investing in technology and disruptive companies may carry higher risks, but also the potential for greater rewards, which can be balanced through careful portfolio diversification.
3.2 Expanding the investment horizon
a. Global opportunities: By investing in companies from diverse regions, investors can capitalize on global growth opportunities and reduce dependence on specific markets.
b. Mitigating regional risks: Diversification across geographies helps to mitigate risks associated with regional economic downturns or political instability.
c. Tapping into emerging markets: Investors can seek opportunities in emerging markets with strong growth potential and favorable demographic trends, further diversifying their portfolios.
3.3 Incorporating ESG factors and long-term sustainability
a. Aligning with growth investing: Companies with strong ESG performance are more likely to be sustainable in the long term, aligning well with Lynch's growth investing approach.
b. Improved risk management: Incorporating ESG factors into the investment decision-making process can help identify potential risks and opportunities that may not be apparent through traditional financial analysis.
c. Attracting investor interest: As ESG investing gains traction, companies with strong ESG performance may attract increased investor interest, potentially driving higher valuations and returns.
Peter Lynch's investment model has stood the test of time, but in today's dynamic and rapidly changing financial landscape, it's crucial to adapt and evolve his principles. By embracing new technologies, diversifying investments, incorporating ESG factors, and expanding the investment toolkit to include passive investing and quantitative analysis, investors can continue to benefit from the wisdom of this Wall Street legend and successfully navigate the complexities of modern markets. The spirit of Peter Lynch's investing philosophy remains relevant, but adapting and tailoring it to the current environment can help ensure continued success in today's investment world.
March 16 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart
Bitcoin is down 1.35% over the last 24 hours and fell to an intraday low of $23,908.45. On March 14, the bulls managed to push Bitcoin above the key overhead resistance level of $25,250. However, the presence of a long wick on the candlestick suggests that the bears are not willing to give up. The 20-day exponential moving average, or EMA ($23,012), has started to turn up, and the relative strength index (RSI) is in the positive territory, suggesting that buyers have an edge in the market. If the price remains above $25,000, the BTC/USDT pair may have the potential to surge to $30,000.
Today’s Cryptocurrency Headline
Fidelity Crypto Investment Product Now Available to All Users
Fidelity Digital Assets has recently made its crypto investment product, Fidelity Crypto, available to the general public. This move allows millions of users to trade Bitcoin and Ethereum on the platform without paying any commissions. The app was previously restricted to a waitlist. Now, new customers can create a Fidelity brokerage account during the setup process to gain access to Fidelity Crypto.
Disclaimer: BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article.
December 27 BTCUSD BingX Chart Analysis and Today's HeadlineBased on Bitcoin's recent behavior, it is still trading below the $17,000 resistance level, which it has been unable to break effectively. The quick recovery from last night's slight drop in Bitcoin is a sign of jittery market sentiment. If bitcoin does not break through resistance in the near term, it will continue to oscillate between $16,500 and $16,880.
Today’s Cryptocurrency Headline
Fidelity Filed Three Metaverse Related Trademark Applications
Fidelity has filed three metaverse related trademark applications with The U.S. Patent and Trademark Office (USPTO), covering NFT and NFT markets, virtual real estate investments, crypto trading, and metaverse investment services, according to The Block. Fidelity has embraced digital assets more than most large investment firms. In October, Fidelity said it planned to hire 100 more people in cryptocurrencies, expanding its digital assets team to 500. The company also launched commission-free retail crypto trading accounts in November.
Disclaimer: BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article.
October 22 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart
The benchmark 10-year Treasury bond yield rose to about 4.23% Thursday afternoon, the highest level since June 2008. Bitcoin is up 0.49% over the last 24 hours and rose to an intraday high of $19,250. U.S. stocks surged after the Wall Street Journal reported that the U.S. Federal Reserve will likely debate on a smaller interest rate hike in December. However, the largest cryptocurrency still trades in a tight range on Friday. For now, the sideway trading activities are likely to continue as there is not much volatility in the market.
Today’s Cryptocurrency Headline
Fidelity Digital Assets Plans to Hire 100 More Employees in Next Six Months
Fidelity Digital Assets division plans to add an additional 100 new employees over the next six months, said Chris Tyrer, head of Fidelity Digital Assets Europe and head of Fidelity Digital Asset Management. This will bring its workforce to around 600 people. The new hires will all be within Fidelity Digital Assets and will be across multiple regions and functions including technology, business development, client services, marketing and compliance.
Disclaimer: BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article.
FIS - Breakdown Below 200MA The 200MA throughout the course of this stocks history has been seen as a point of strong support
Recently however on this 3D chart, price has broken down below the 200MA, something that hasn't been seen before
Coupled with this 200MA breakdown a Strong Double Top formation is present, cementing the bearish assumption
The green trend line is where I think support will eventually be found
If you have these stocks in you portfolios, trim your positionsI believe this is a beginning of a new era not the end! Not even close to the end! These stocks just crossed below their 200 EMA, and made serious reversal patterns!
They will go down more with time!
Reevaluate your stop loss would save you a lot !
S&P 500 SHORT 👇🏾💰4 REASONS WHY I HAVE BEEN SHORTING THE S&P 500. PLEASE VIEW VIDEO AND LEAVE YOUR COMMENTS AND LIKES. GOOD DAY MATES!!! ask yourself a few questions. Is this a bullish market ? look around outside first. Who is pushing this market up? The feds and then they will DUMP on your head!!! Lol wear a helmet please.
BTC Update! My thoughts on Fidelity BTC trading opening!Yesterdays chart we were watching to see if BTC was going to consolidate or if it was just a daily bull flag. Consolidation I questioned because the 4 hour chart was still holding its lows in tact making me hesitant to believe the daily chart would begin consolidation over it just being a bull flag to continuation.
We got confirmation last night on the bull flag and ran pretty much right into the start of my resistance zone I highlighted a couple weeks ago. I would personally expect us to struggle here for several weeks under normal conditions or just reject hard from resistance zone. But, this is crypto and things aren't exactly normal.
So besides technical analysis, you must keep up with fundamentals, news/media, FUD/FOMO news, etc.
So Fidelity announced yesterday or the day before it would be offering BTC trading "in a few weeks" I believe is how they worded it.
So I've been thinking of how the market is most likely to react to this information as the actual trading opens in a few weeks.
Key points to this - Fidelity is opening this trading to institutional/pro investors, NOT retail investors. We will eventually have a KNOWN date to when this trading will begin.
Personal thoughts on this: BE READY. I believe this could take one of two different turns here. One bullish for those loving crypto and one bearish but I do believe both will be fairly easy to see which one is likely to occur.
For those newer to the space (Jan 2018 or later) - please read up on the 2017 bull run if you have not already. For those of us who have been in the space for a few years now already know exactly how crazy this market can be.
So lets start with 2 years ago. May 2017. We were around $1500 BTC price. We saw a huge run up between May 2017 and December 2017 to nearly $20k. And then the crash started and continued for all of 2018. But what interests me if in 2017 when Futures Trading was announced as coming soon. CME/CBOE were both looking to open futures trading. This sent the bulls into a frenzy. Media really picked up their coverage. FOMO set in. Everyone starts drinking the BTC KoolAid. We ran up to $20k from $6k in a matter of 5 weeks! And then Futures opened and we immediately dumped 40%+. And then start the strong and steady trend down to $3100 over the course of 2018.
Starting to see any correlations? Is this Fidelity news going to startup the frenzy again and get people back on the BTC train? Will we repeat the same process and over "a few weeks" as we wait for Fidelity to open see a run from about $6k to $20k only to then see Wall Street short it like crazy when it hits Fidelity platform? I don't believe we will see that type of pump but do believe we could see a strong push upwards, $8k? 10k? Perhaps. And if we do over the next few weeks start seeing increasing media hype and attention, Fidelity pumping their news on trading opening, get the known date for it to start, etc. then I'd personally be looking to ride the wave up and be sure to exit a day or two prior to Fidelity trading opening with anticipation that the institutions are not going to be buyers to go long if BTC price has run wild in the weeks leading up to their known date but rather that they'd seek to short the asset.
Flip side of this: does BTC price just reject here in the $6k range and start dumping over the new "few weeks" because Wall Street legitimately DOES want in on the asset to be long positions. But they of course want to buy as cheaply as possible before the long their position. Remember, this is ONLY going to be open to institutions/pros for Fidelity initially. So if I were an institution wanting to long a position, you get price to come down leading up to your known event and then you buy it up and create the FOMO/hype to get the ball rolling in the bullish direction again. In this scenario, institutions can be long, start driving the price UP and then announce they will open BTC trading to its retail investors "in a few weeks"... create further hype/FOMO/KoolAid drinking and really pump the price as retail investors get excited they can buy and sell BTC on Fidelity. At that point those institutions who are long are making killer profits and perhaps then they short once retail investors are allowed in and they crush the retail investors and institution make their money both directions.
Sorry for the long take but that is how I am personally preparing. Does it have to happen exactly or even close to either of those scenarios? Of course not. But I always seek to have a plan in place. Lay it out and then watch to see how the pieces begin to fall into place. Could BTC just dance around sideways and not go up or down much leading up to Fidelity opening in a few weeks for institutions? Certainly. I just personally am preparing for more volatile situations.
Personal trades - as noted in yesterdays chart I was back to all cash. I then noted in comments of yesterdays chart shortly after that I had begun to scale into LTC and NEO for my next trades. I remain in these positions just slightly above average entry and will be watching 4 hour higher lows to utilize as stops. If we see a nice push upward, I will scale out of portions of my positions just to lock up profits and lower my break even point for remainder of position.
Just My 2 Sats!