RUNE / Thorchain dies on thor'sdayfound this was just far too coincidental, wouldn't you?
Well, famous J.P. Morgan says these lines, “Millionaires don’t use astrology, billionaires do,”
Trading Disclaimer:
All trades and ideas posted from this account, including setups, are given for educational purposes only. 95% of trades never win, and instead realize losses. Trading involves risk, there are zero guarantees that you will win any given trade, including this one or others related to it or this account. If you follow any setups, you do so at your own risk, taking full responsibility of any actions and / or outcomes. Nothing posted is to be taken as financial advice. The information and opinions presented by this account should not be construed as investment or trading advice, and is not meant to be a solicitation or recommendation to take actionable trading on any asset, cryptocurrency, securities, or any other tradable digital asset.
All content presented is for entertainment and education.
No Financial Advice.
Past performances are not a guarantee of future outcomes and or results: trading involves strategizing probabilities, there are no expectations on any given trade.
Always do your own research and consult a team of professionals from finance and law before proceeding with any type of action in personal finance.
All information provided by this account is a general market commentary and does not constitute investment advice or financial advice. None of the information communicated in this accounts tradingview publishings are financial advice and/or incentives, solicitng, advertising, manipulation tactics, and any other malicious behaviour - no, solely for entertainment purposes ONLY.
HACK
NZDUSD Technical Analysis📉 NZDUSD Technical Analysis by CeoCodes
👋🏼 Hello Traders, Welcome to Technical Analysis for NZUSD live chart to track latest price changes & predict price movements.
–
Follow Ceo Codes 🎖
CURRENT LEVELS:
🟡 Key Support➔➔ 0.6985
🟣 Resistance➔➔ 0.7005
🎯 Target➔ ➔ 0.6985
(Levels From Chart)
CURRENT EVENTS:
NZD/USD may track sideways as the decline from the June high of 0.7288 continues to spur a shift in retail sentiment as the exchange rate trades below 0.7064 for the first time since June 2020.
👉🏼 Here is the @CeoCodes technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the @CeoCodes strategy will trigger.
Thank you! 🙏🏼
Have A Great Trading Day!
Ceo Codes
PSA: Beware of "Zombie Chains" - ETC, MIOTABitcoin, Ethereum, and most of the projects out there have never had their protocol compromised. There are a few exceptions -- the biggest ones being Ethereum Classic (ETC) and MIOTA. ETC had their protocol compromised by a 51% attack, MIOTA's system is most likely not even a real blockchain, after being audited by the MIT Technology Review. But we call them "zombie chains" because the blockchain allows for these projects to persist, even though it's dead.
HACK - Still in Rising ChannelLooking at HACK Beta share ETF on the daily.
HACK is going through a healthy correction at the moment and looking at retesting the bottom of the rising channel which coincides with the 62% fib retracement.
I expect HACK to continue its correction and bounce off the bottom support of the rising channel and continue its long-term trend.
RSI is also suggesting it is oversold on a daily.
Start of the Bull Run for Cyber Security stocks?In the early Dec 2020, FireEye, a top cyber security firm, said it was hack. About a week later, Solarwinds NYSE:SWI , an IT firm that provides software for companies like the Fortune 500 and the US government was also reported being hacked. The series of the hacking events stir up huge interest back to the cyber security stocks.
Is the rally for cyber security stocks sustainable? Or is it just for swing trading by tapping into the hacking news as catalyst? How about position trading (aka investing) for this sector? To answer these questions, let's take a closer look by analyzing the top 4 ETFs such as AMEX:HACK , AMEX:IHAK , NASDAQ:BUG , NASDAQ:CIBR and some of the outperforming stocks like NYSE:NET , NASDAQ:ZS , NASDAQ:CRWD , NASDAQ:OKTA , NASDAQ:TENB , NASDAQ:VRNS , NYSE:CALX , NASDAQ:ALRM , NSE:SAIL , NASDAQ:RPD , NASDAQ:FEYE and NYSE:PANW .
$AR9 with significant tailwindsTA,
-MACD daily golden cross
-Upper-level exhaustion (known as cup and handle in TA culture)
- Bullish Moving averages
FA,
- Geopolitics
- War on data. Data is the new currency. Protecting data comes with big rewards.
- Management team
- Top government contracts: MOAT
- Good financial health
- Insider ownership: 17%
- Recurring revenue
- TAM 2.8B in AUS and 7.7B worldwide
(-)
- Massive run-up since March lows so there could be some Profit-taking
- RSI overbought
- Dependent on a few big customers
- Price/sales=120
Don't usually buy into overbought stocks, but success comes from doing things differently
Cyber Security has become essential for all"Because of the rise of remote working, cyberattacks have grown exponentially in recent months, with the FBI reporting a 400% increase in complaints in April versus March, as attackers hope to expose weaknesses in an organization's business continuity strategy"
Fundamental difference between some of the biggest cyber-security companies:
CrowdStrike's (CRWD) endpoint protection uses resource-friendly security agents to inform its crowdsourced cloud about any potential threat anomalies. All customers are protected based on a single threat found, and its technology is supported by having renowned threat remediation and hunting capabilities.
OKTA disrupted the identity access and management market with its cloud-based technology that has a large number of application integrations that make controlling who has access to what much simpler for security teams. In a perimeterless security world, the importance of identity is becoming paramount.
Zscaler's (ZS) secure web gateways delivered via its cloud locations provide customers a safe route to cloudbased resources. Branch and remote users can go directly to their applications instead of going through a centralized data center, decreasing lag for the end user and alleviating traffic bottlenecks for IT teams.
Palo Alto Networks (PANW) is an attractive option for investors. In our view, its cloud transition springboarding growth off its firewall leadership, upselling and cross-selling prospects via its security platform, and strong cash flow and balance sheet are being overlooked for the pure cloud-based companies.
TWTR - Scalp short because of the great hack Twitter ($TWTR) down 4% after hours as Uber, Apple, Bill Gates, Elon Musk, Jeff Bezos, Michael Bloomberg, Kanye West and Joe Biden's accounts undergo anonymous hacks.
Reason is still unknown, no comments from Twitter, serious security breach, over $100,000 stolen in minutes
Hit the "LIKE" button and follow to support, thank you,
Information is just for educational purposes, never financial advice. Always do your own research.
Cybersecurity ETF - Huge volume spike Technical Analysis:
CIBR had a volume spike of 850,000+; which is 80% higher than usual, yesterday November 12th 2019.
The 50sma (yellow line) is bouncing back, trying to cross the 200sma (red line), and after it must cross 100sma (blue line) for it to continue being bullish.
10sma is short-term support - $29.3
All time highs is short-term resistance - $30.7
CIBR top holdings:
VMW - 6.64%
PANW - 6.63%
AVGO - 6.15%
CSCO - 6.03%
OKTA - 5.12%
FEYE - 3.50%
FFIV - 3.32%
SPLK - 3.18%
JNPR - 3.18%
Palto Alto Networks - New uptrendTechnical Analysis
We are breaking a previously tested resistance at $230.
To enter the new channel, we probably need to close above $235.
OBV is at all time highs.
RSI(10) @72, has been following setting lower lows and higher highs.
Overbought can continue to be overbought.
Check risk reward ratio in-chart.
** I would wait for a breakout to the new channel, or at least a pullback to the $230 now new support.
End of the run for BITCOIN. Sit down and watch the correction!Dear traders.
You all know how bullish I am for the long term in the whole crypto market.
The last days I saw some really heavy selling pressure when Binance and Coinbase were approaching $6000, but the market recovered really well.
Then the Binance 40M hack happened.
The reason why I'm 100% bear for the next 3/4 days is really clear.
1) WEAKNESS OF ALTCOINS. Great news both for Ethereum and Litecoin, look at what happened to their prices.
2) ENORMOUS RESISTANCE at $6000, it HAS to correct before break it. Bullish whales want to buy low and fuel it back later, while bears don't want $6000 to break.
3) TECHNICAL: Look at the well-defined uptrend that bitcoin followed up to now, and the weakness that it's showing.
4) TRIANGULATION: in the short term we need to break out from this triangulation, and the outcome will be to the downside.
But our trade is not on BITCOIN, is on the altcoins, that will suffer even if bitcoin would break $6000.
So we shorted BCH, LTC and ETH, leverage 3.3x on Bitfinex (tether is slowly appreciating too).
Yes, BFCMInvest has a big short position to the market right now.
Will you follow us?
Let us know in the comments
BNB / USDT LONG ! Binance Coin is at the 50 moving average on daily chart, an important support where it bounced two times in the past.
I expect a continuation of this dump, BTC could dump soon and the hack is still there, people can deposit or withdraw their funds.
This will push the price to go down and we have some important supports. We can buy at the first one and go balls dip in the second one.
Our long term targets are higher but in short term we can expect a retest of the previous high and see how it reacts, if bnb can do a new ATH or we should wait a bit more.
Good news are coming, the volume in Binance is increasing, Binance will add margin soon, new IEO coming by the end of May, Binance planning to launch his own stablecoin.
Potencial gains of 35 - 45 %
TEAM B
GER30 Dax good Bullish Target in VERY STRONG Bearish Area.COMPLETE Technical Analysis of GER30 Dax
GER30 ( DAX ) Double 'W1" High candles broken for bullish move in the next weeks and maybe months.
W1 target Convergences : 11'945
- W1 Double Highs heigth
- Past D1 swing low
- MN1/W1 Bearish Head/Shoulders pullback area
Even if we had a heavy MN1 "head and shoulders",
the market has drawn a good break out :
- Double W1 high broken.
- MN1 "mother candle" broken.
- First near target high probability. (+ past swing low at the same level).
Only buy in daily basis for "day trading" above 11'690.
And if we finally break down under 11'390, then sell.
W1 target Convergences : 11'945
- W1 Double Highs heigth
- Past D1 swing low
- MN1/W1 Bearish Head/Shoulders pullback area
GBPUSD Strong Bullish Signal (But not Reversal yet)GBPUSD Strong "semi-long term" Signal.
- MN1 strong "pin engulf bullish bar".
- W1 "anchor candle" broken + last week close above anchor's range.
+ W1 "RSI(21)" historical data shows 99% reaction after divergences.
(retracements or even reversals)
OMLY Above 1.3220 :
buy based on daytrading or fast swingtrading
For sure enough near Target : 1.3615
GBPUSD Strong "semi-long term" Signal.GBPUSD Strong "semi-long term" Signal.
- MN1 strong "pin engulf bullish bar".
- W1 "anchor candle" broken + last week close above anchor's range.
+ W1 "RSI(21)" historical data shows 99% reaction after divergences.
(retracements or even reversals)
Above 1.3220 :
- Only buy based on daytrading or fast swingtrading
Target 1.3615
Journey of 1000 psychological trading hacks.Join me - to boldly go where 'no man' has gone before. This is the Final Frontier.
I take on the big issue - head on.
This is the one that is more likely to make the biggest difference to achieving consistent profitability.
I assert that it technical and fundamental analysis are not most important issues in trading - at all! If 'everybody' could simply do proper technical and fundamental analysis and make load of money, then everybody would be rich. It's never happened. It ain't gonna happen!
I say that our enemies lie within. I say that dealing with the enemies within - by self-analysis, is the path to unlimited gains.
AND - it's not just me saying so.
Could this be your 'Mission Improbable' or your 'Mission Possible'? The choice is yours.
This post is in keeping with Tradingview's text-based analysis guidance