NEWS
DXY - CPI Data Day 💣Since it is a big day for the dollar it is only right we take a look at the DXY to get a better perspective on what we can expect.
I am in two minds - the daily chart would suggest we have an incomplete compression that needs to push higher to take out early sellers.
BUT
The four-hour charts suggests that breakout sellers have already been liquidated and that it may be time the buyers get a stop hunt.
What will happen is unclear but at least we have two scenarios we can work with depending on price action.
Keep this in the back of your mind during trading today and make your own judgement.
GBPUSD: Pick Your Side 🚨Price continues to travel within a tight range.
The market makers have done a great job of setting up liquidity to be hunted during the US CPI data at 13:30 PM (GMT+1) today.
Both the supply and demand zones we have been working with over the last few days have become weaker and weaker.
The question is what side will go first?
We will need to study the London session to get a clear picture of where price is likely to travel during the news event - React don't predict.
What do you guys think? Let me know in the comment section below. 💬
DYDX: Strong news = Strong coin💪While everything else falls, DYDX grows.
Why? As in most cases, when coin looks stronger than a market there are news that give it power.
If we check DYDX twitter we can see that developers announced something big, even tho, nobody knows what it is, this announcement was already enough to make it grow 30% , while BTC dropped more than 7% .
Will enter the position when price squeezes to the trendline on lower timeframes, the base will form and the strip will get faster.
Fix profit by parts:
3% - 1/3
6% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
IOST - Example how bullish news can trap you 🪤 IOST announced creation of their own stablecoin, hence, everyone decided to long, we can see it by volume at top.
Right now a lot of people are trapped and can be liquidated, that's why I plan to take short
From technical point of view:
⭐️ BTC bearish
⭐️ Level is seen on all timeframes
⭐️ Volume is at top
⭐️ 6th touch
⭐️ Level is 52 days old
⭐️ 35 ATR
⭐️ Under VWAP
Will enter when price squeezes to the level on lower timeframes, the base will form and the strip will get faster.
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
‼️ Economic calendar week 02.05-06.05 As usual, at the beginning of the month we have a busy week from a fundamental point of view, with presentations of reference rates, NFP, etc. As well, on Monday we have bank holiday on GBP and Tuesday, Wednesday and Thursday on JPY, so we can see less volatility on pairs with these currencies. Seems we could see an increase rates on AUD, USD and GBP, but I think we saw bullish price action on these currencies during last weeks and I expect now a retracement. My recommendation is to avoid trading during these news events.
Take care!
EURUSD is heading towards 1,0400EURUSD continues the downside move with almost no pullbacks.
We're expecting the same thing today and a move below 1,0500.
The next support level is the low from December at 1,0400.
We're expecting a test of those levels and possibly a breakout as well.
Before that we could see a deeper pullback due to traders collecting profits. That normally happens at the end of the week or the end of the month.
AUD fundamentals looking volatile into tomorrow...Like most of the majors recently, AUD/USD has been plummeting like no tomorrow. 0.7000 could be on the cards looking at the inflation rates coming in tomorrows early hours.
As there is expected high volume over the next 12 hours please trade safe. Overall our bearish bias remains in place and further downside is to be expected.
$AEI Begins Breakout $TSLA+Solar+SmartHomes+Crypto$AEI A Smart Home builder began its next leg up today. The company which combines $TSLA vehicles with its homes which also utilize Solar Energy, Filtration systems for water, Organic Farming and Intelligent designs has been steadily putting out updates in addition to the CEO buying millions in shares over the last few weeks.
The company is also in the crypto mining sphere and several other niche markets.
Click below to find out more about the company.
PT $10
Current state of BTCTechnical outlook
BTC is currently trading in an upwards channel that could be interpreted as a bear flag. BTC is trading firmly under the 200MA and has just gotten a short term rejection off of the 50MA. As such; breaking this channel to the downside could potentially lead us down into the next support zones. The next main key levels outlined on this chart are the $35,000 and $30,000 level which are two large psychological levels that have acted both as support and resistance in the past and may offer support again.
There has been news of large spot buys however, which could provide additional bullish sentiment. Given the high volume of news in the upcoming weeks with FED speeches, large company earnings etc. it's crucial to keep low leveraged and wait for a clear and concise entry point whether BTC continues its downward momentum or makes a run for higher levels again.
Deeper Network DPR, News, & Whale AlertPrice - Waiting on Pattern to play out: DPR has fallen out of the triangle & Pennant , the first price drop has already happened. We are looking at potentially four more drops. 1st .0541 cents; 2nd .0508 cents; 3rd .0481 cents; & worst case scenario of .03 cents if the large triangle plays out. Its 100% guaranty that we will hit .05 cents which we have two patterns taking us there. (This pattern should of been a Bullish Rising Wedge but because of the Bearish news about HNT I believe change to a Bearish Triangle instead, apparently Deeper Purposely sold a bunch of HNT/DPR miners to a mining farm before all of the common folks got there equipment setup. The mining farm was cheating the HNT mining system and got caught and Deeper Network was been kick out of HNT for 1 year apparently. This hole HNT mining on DPR was influenced by a Volunteer Telegram Mod & Seed Investor Ezel who try's to re sell mining equipment on his website www.fastminers.io, instead of him trying to help Deeper develop there website and shipping and not using these public money platforms, he wanted an extra piece of the pie and made his company on the side since he now has access to miners from Deeper. So I wonder if Ezel had anything to do with the Mining Farm getting all of this new equipment first????????????????
News - Bearish news from the AMA this week. Deeper told the miners that the token would be valuable because it would be used as the utility token for the hole network of Web3, for VPN/DPN and it would be used to buy equipment. They later did and auction for the first Pico using DPR showing the community how amazing the token is. Now on this weeks AMA because of the token crash from the HNT mess. They said they change there minds again we will make a separate token on the chain that will have an American dollar value, this token will be the one used now instead of DPR as the Utility Token now, you can not transfer it of resell. So its basically like a gift card from star bucks. So this has a positive effect on the Delaware Deeper Network Company that makes the equipment because its stable and like a gift card its a bunch of free money sitting in there bank account interest free until the person uses it. But this has a negative affect on the Marshall Islands Deeper Network DPR Crypto Currency price because they have just devalued there asset. They are turning it into dogecoin Coin without the hype behind it. They also keep saying there are going to burn the token but have not as of yet put a standard process in place after 7 months. I would not at all be surprised if they made a burn wallet and kept the seed phrase to take all the coins back years down the road...........
Whale Alert - When Deeper Network starting the mining they said there would be no Whales allowed on all the AMAs and each person was only aloud one miner each, because they did not want a whale and anyone controlling the network. 7 months later we learn from this weeks AMA that there was a secrete Whale who Deeper Network Let have 49 Gold Ter 8 Miners (equals 49 wallet mining address) and let them set them up in a data center in the Caribbean Island of Saint Vincent and the Grenadines, in other words they are currently mining over 20 Millions coins per year. The AMA said well its ok to be a whale now, after it was caught by a community member. They said on the AMA it was no big deal, but this is 100% incorrect. Why: because of the Polkadot Governance System that the Deeper Chain is on. Only the first 1047 Miners (Wallets Connected to each mining Machine) got invited into the Governance Society of the token when there wallet address was made after staking to get there Genesis Gold 1,000/Silver 47 Miner. These 1047 members get a vote per wallet address on the miner they have and can increase there voting power if they put tokens on hold temporarily to over power the other wallet holders. The 1047 wallet holders vote on the Council Members with 13 seats available or in other word 13 mining wallet address assigned . The council member who has the most tokens on hold for him is the chairmen. So first of all this Whale can easy take over the council because the other miners are only mining about 77,000 tokens each with there lower Ter miner. Once the council is controlled the council determines who will be a validator. Each Validator is getting well over 1+ Million tokens each year. The council can also lockup a persons wallet so he can not get his DPR crypto out of it (any DPR Wallet Address that exist miner or none miner), if they want to, among a whole lot of other things that can be done. So who is this Whale, well it would have to be someone internally associated with Deeper Network, because they did not want anyone else in the same position. Is there another Whale, i would think so...... Can they manipulate the price, well that all you hear about with BTC so i would think so as well..................................... The Volunteer Telegram Mod & Seed Investor Ezel from www.fastminers.io told one of the Gold Genesis Miners that he would never be on the Deeper Network Council before this Whale was identified so i wonder what his involvement is in all of this????????
Deeper Network DPR Council Website: apps.deeper.network/#/society you can not get access to additional tabs or items to look at unless you can create a new wallet address and link to a JSON account.
EUR/USD heading towards 1.0500...After reviewing the strength building on the dollar, it is clear to see the strong trends forming across the major currency pairs.
1.0500 is the next weekly/monthly directional target to the downside sitting almost 400 pips away.
We have a small amount of US and EU news heading into the final stages of this week. However we are looking at long term possible strong movements into fresh yearly lows for this pair.
Cardano Price Analysis — April 18Cardano has refreshed its monthly low on Monday after slipping below the $0.900 psychological support to touch the $0.875 low. While ADA has regained its place above the $0.900 line, the possibility of a bearish continuation over the coming hours and days remains potent.
However, the eighth-largest cryptocurrency has dragged along in oversold conditions for some days now, promoting the likelihood of a bullish correction soon. That said, a move and close above the critical $1 mark could dispel bears and help ADA push for the $1.100 level, where the top of my long-lasting descending channel rests.
Meanwhile, our resistance levels are $1.000, $1.050, and $1.100, and our support levels are $0.850, $0.800, and $0.700.
Total Market Capitalization: $1.82 trillion
Cardano Market Capitalization: $30.3 billion
Cardano Dominance: 1.66%
Market Rank: #8
A new low on EURUSDToday is also a day off for most banks but trading continues.
It looks like this downside move has enough strength to continue and we could see a new low on EURUSD.
A move up to 1,0840 and rejection would be a good sell setup. Targets will be a breakout of 1,0755.
We don't recommend selling at current price level due to bad risk to reward ratio!
$AEI Possible reasons CEO bought 26 MILLION+ Shares since Dec 21Overview Sectors Pertaining to $AEI:
1. E-Home Community Development
2. REITs
3. Asset Management
4. Direct Sales
5. Information Technology
6. SPACs
7. Food & Beverage
8. Cryptocurrency Mining
www.alsetinternational.com
Outstanding Shares: 113,187,898
Insider Transactions Past 12 months:
12 Open market Buys for 44,144,981 Shares by CEO Chan
1 Sell 6,380,000 Shares by CEO Chan
Chan bought 25,941,000 shares since December 2021 alone.
Morgan Stanley owns 4,247,386 shares. Combined with all other Institutions they collectively own 17,167,969 shares or 15% of AEI's Outstanding Shares.
$49,100,000 Cash on Hand
$132,000,000 in Net Assets
$55,000,000 in Carryover NOLs
Gross profit increased YOY from 2020 to 2021 by 215%
Other profit increased YOY from 2020 to 2021 by 538%
Highest Price: $29.49 Feb 15th, 2021
Lowest Price: .25 cents Feb 21st, 2022
Current Price: .60 April 15th, 2022
Reason for decrease in share price since IPO launch on November 2020:
A $50,000,000 share swap with $DSS in August 2020 which contributed to a share price decrease from $6.24 in Dec 31st 2020 to .672 by Dec 31st 2021
As of 31st December 2021, approximately 98% of the total number of outstanding warrants have been exercised by the
respective warrant holders. This has brought in approximately $115 million worth of capital. The funds received from the exercise of the warrants has strengthened the Group’s working capital and financial position.
***Property Development Business***
Black Oak Project in Houston Texas:
On approximately 177 acres of land - Phase 1 of the project (124 lots) has been sold to Raush Coleman Homes with an additional 569 single family homes planned.
Ballenger Run Project in Maryland:
Total: 689 Units - 479 Lots & 210 Multi-family Residential Units
100% PRESOLD to NYSE-listed homebuilding
company, NVR, #4 Biggest Home Builder in the United States.
Houston E-Homes Project:
10 Acres of partially developed land acquired to build Alset Villas with approx 63 E-Homes
The community will feature a clean energy ecosystem and an amenity center that houses organic modular/vertical vegetable farming, a café, visitor residences, infant/childcare clubs, and social events venue.
E-Homes will be built with energy efficient platforms, supporting solar energy, power walls, clean, sterilized airflow and advanced communication systems for stateof-the-art smart home and office platforms.
Aligning with the vision of building a community founded on a sustainable carbon footprint, each E-Home will come with its own Tesla vehicle to promote electric vehicles for a sustainable lifestyle.
***Investment Property Business***
109 Single family homes have been acquired for rental in the Woodland Lakes Subdivision, NorthPark Woods Subdivision, Sorrento Bay Subdivision and Santa Fe Subdivision.
Woodland: 39 Properties 23% Occupied
Northpark: 53 Properties 53% Occupied - Each property will be accompanied with the use of a Tesla vehicle.
Sorrento: 10 Properties
Santa Fe: 7 Properties
All properties are strategically located in highly valued locations close to popular recreational sites.
----All of the above property developments are currently debt free to mitigate interest rate hike risks----
***Direct Selling Business***
$AEI's Subsidiary HWM World Inc. has reported $7.4 Mil in revs for the 2021 Fiscal Year the company has since expanded into major cities in South Korea.
***Information Technology Business***
In 2021 the company successfully launched the GigWorld Mobile App in Malaysia and are launching pilot tests for direct sales companies in the US and Asian markets.
***SPACs Business***
Alset SPAC Group Inc. (“Alset SPAC Group”) was incorporated in Delaware, US on 14 January 2022, Alset SPAC Group is an investment holding company which will hold the Group’s investment pertaining to special purpose acquisition companies.
***Cryptocurrency Mining Business***
The Company had on, 15 March 2022, incorporated in Singapore a wholly-owned subsidiary, Alset Mining
Pte. Ltd. (“Alset Mining”). Alset Mining will primarily be engaged in investment within the cryptocurrency mining industry.
www.alsetinternational.com
Outlook by CEO Chan:
"We anticipate that the effects of the global pandemic will subside in 2022 and expect business conditions to improve. This would produce a strong cyclical recovery, a return of global mobility and strong growth in consumer and corporate
spending. The Company’s management team has strategically positioned the Group to seize opportunities both during a global recovery and if pandemic conditions persist. In either scenario, we look forward to reporting strong results to our
shareholders."
PT: $10+
EUR/USD about to FALL!Hey tradomaniacs,
recent news by the ECB have caused a sharp drop in EUR/USD (Was pretty obvious as the ECB is not here to fight inflation, instead to provide liquidity to help suffering countries).
Ever since we have the huge divergence between the FED and ECB im generally looking for sells in EUR/USD until something changes in Lagardes monetary policy.
However, technically a great short with high risk-reward. Market-depth clearly showing a spoof by fake-buyers right at the resistance (adding and pulling liquidity before triggered).
What do you think?