luna fell from ~$100 usd and stablize around ~$0.0001, around 1/1,000,000th of the price. supply of token grew from ~1B -> ~10T. the inflation alone doesnt account for the drop. loss of trust in the community and diddy kong likely results in the delta. the token went even lower for a brief period before becoming quiescent. dew pont has failed as a founder in many...
Of course no tradable advice can be found on this chart but this epic ongoing fight between the Bulls and Bears does reminds me of a movie. Try Zooming out to discover which movie I'm thinking about.
WAVES/USDT 4H WAVES has been showing tremendous strength lately on lower timeframes. It has been moving with a consistent higher low and especially holding the major key-area of support, which is vital for the continuation of WAVES. Currently, it is approaching a key-area of resistance, which can be seen as a range high. The MKAST Algorithm provides support...
Hello Traders, Hong Kong is going through some troubling times right now. To summarize very briefly, Hong Kong has been its own entity for some time with its own legal systems, boarders and rights but due to legal agreements China wants to take back Hong Kong as part of China. This is a crude summary of events. This is causing friction between Hong Kong and...
First off, please don't take anything I say seriously or as financial advice. As always, this is on an opinion based basis. That being said a Tesla supplier just announced a 1.2 million miles lasting battery. This is huge news at it shows that EVs are trying to definitely (as we already know) outcompete the big players in terms of lifecycle of the car and...
The rally at the end of this Friday's close was systemic. It was the news that the U.S. president (after the markets were already in anticipation as he had tweeted there would be significant news). The press conference was not positive. The things that came out of it was both anticipated and expected, which is what the markets are operating on right now. They...
analyzing from two perspective: time, angle and trend line, there should be still some time for the drop until it is time to safely buy hong kong stocks
Wynn Macau Ltd HKG: 1128 Fundamentals: Since 2018. Wynn Macau is one of the one casino in Macau to capture most of high-roller gambling activity, consistently leading Macau on the VIP drop. Galaxy and Wynn contributed to close to 45% to the VIP volume. Why VIP Volume? Investors place heavier emphasis on main revenue driver, revenue numbers, which are mostly...
If break resistance will go up and down trend will be over! if it will go down we can see a 11,500!
If it was true that 2018 is a bearish year for emerging markets, then I predict the HSI will go as the figure indicates.
All signs on the USD/HKD chart indicate that the pair is set to clearly continue the long term surge of 2017. Although for the last half a year there was a retracement happening, the pair has touched the lower trend line of the 2017 up pattern and formed a junior channel up pattern, which has been guiding the currency exchange rate higher for the past months....