GLD Gold Trust Update - Wave CTarget hasn't changed yet. Still expecting another low around ~170 to 180
Trust
SLV Silver Trust Update - still expecting another lowStill looking for the 21 to 23 range right now for a Wave C bottom/4th wave. Get more bullish above ~25.5
GLD Gold Trust CountLooking for another low in this move for a wave 4 ~175 then onto a wave 5 finish ~220
SLV Silver Trust Believe we are in a 4th wave correction. Expecting this to continue to correct for a lower low in this move ~23.1
Target 1.68From my analysis I see growth prospects up to area 1.68 before the end of the month. The rise in oil prices, economic activity and the climate of positivity that is developing may bode well for this trust. I have it in my portfolio as monthly cash flow
WAVES/BTC 3D (Binance) Descending channels near break-outTA: Waves is about to break that small channel and the mid-line of the bigger one, that would propel it way higher.
FA: It's an open platform and decentralized environment for Web3 applications, allowing you to create and run DApps and decentralized software solutions.
This is also a staking coin with an APR of 6-8% and , you can stake them in Trust Wallet for example.
Current Price= 0.0001159
Buy Entry= 0.0001161 - 00.0001101
Take Profit= 0.0001447 | 0.0001690 | 0.0002224
Stop Loss= 0.0000775
Risk/Reward= 1:1 | 1:1.72 | 1:3.31
Expected Profit= 30.24% | 52.12% | 100.18%
Possible Loss= -30.24%
Fib. Retracement= 0.5 | 0.786 | 1.414
Margin Leverage= 1x
Estimated Gain-time= 1920h
In gold we trust, is it safe?Here's a look at gold as a short term play, and as a long term investment. Looking at the ETFs and trusts. And a little chat about physical.
Digital Reality Trust $DLR#DigitalRealityTrust performed very well and erased its massive #coronavirus lost. However, #RSI doesn't act as price does. It may pull pack to support level
PULLBACK FOR GOLD OR ONE MORE PUSH?The region of 152.5 and 155.5 is extreme resistance for gold.
We do have a bearish divergence and resistance as well on the RSI.
Gold can either push one more leg up to the resistance are and then drop, or its possible it drops now and gets ready for this next leg up.
Anyhow looks like soon a retracement is coming.
ETCG vs ETC, divergent performance, volatility, gainsDuring the last bull run in May and June last year, ETCG, the OTC fund, performed around 4.8 X the high price of the cryptocurrency ETC, Ethereum Classic, which it tracks. This was bewilderingly high performance.
ETCG went on to abruptly lose almost all of this value before Ethereum Classic even truly began its deflation from its high. ETCG is very volatile.
A couple of things to note from this chart:
1. ETC is now leading ETCG in growth - this will probably reverse in the coming weeks/months
2. Beware the sharp moves - ETCG makes big moves both ways and it doesn't stay up for long - don't be caught holding the bag!
3. On a short time frame (today) there is an example of #2 above - note ETCG moved 21.7% from close to high. ETC only 10.6% close to high.
I'll be honest, I'm coming back onto the charts from a series of massive losses in Bitcoin, Ethereum Classic, and other digital assets. But I told myself I would only post something positive if I'm in at least a 3 winning streak. My last 3 trades qualified, so I'll go ahead and say I managed 17% gain today on 2 trades across my account in ETCG. ETCG can deliver losses and gains so watch it.
Always do your own research before making any buying choices. The intuitive aspect of trading is huge.
And Enjoy!
Get yourself some nuggets or play with paper "money"I expect massive upwards movement by the end of the year
San Juan Basin #Royalty #Trust ($SJT) #Dividends Extremely undervalued royalty trust (MC ~ $100 million) which has a dividend yield of almost 12% p.a!
Buy signals @ 1W TF (also confirmed by 1M TF)
- RSI hit 23 and is bouncing upwards
- MFI@8
- StockRSI slowly turning bullish
- MACD will cross bullish soon
- Bullish W-pattern in MACD histogram
- WaveTrend oscillator generated a buy signal!
Heavy Entry between $2.12 - 2.35
TP1 @ 3.98
TP2 @ 5.33
I´m not a financial adviser. For educational purpose only!
Meditation > Media & News (including youtube)Big banks & whales love the .786 level.
- Volume = big money coming back
- Pure fear in the market
- Let us not forget the internet bubble
- Big picture moves
- Similar EW perspective
- Oversold conditions
Watching for a bounce off the .786 for a retest of the $6000 - $5,800 range
Then we watch for a bull break in wedge or further downside continuation
New money will come back
The fear and panic in the media is a buy signal
Lots of big changes in the world & this is causing people to rethink things.
Stop watching the news & start listening to your heart
Stop reading BS Crypto articles and watching mindless videos (this can damage your perspective and cause mental noise).
Start focusing on the human emotion and the market cycle
Start dollar cost avg
Think like a whale and don't think at all.
As always stay profitable out there.
The Ladle of Longing....There once was a story of a magic ladle that could talk. All day, the ladle would sit there, unused. Then, one day, when the story's writer didn't know what else to write about, the ladle hit the floor and made two "thunks".
Two thunks. On the floor. Where the bottom is .
The ladle understood. It had made a double bottom. The ladle, caught in a moment of ecstasy and greed, said: "long meeee"
BTCUSD a right trade again ! DH TRADING MARKETS
For subscribers of DH Trading BITSTAMP BTCUSD , they was able to catch an other good opportunity !
This is NOT repainting strategy and you can check this is normal bars (avoid Heikin Ashi or Renko bars for backtests !).
If you want to test by yourself you can ask for a trial !
Contact us for more information about this strategy and get strong results !!
ASX:MGG Magellen Global Trust 39 weeks ascending triangle breakASX:MGG ascending triangle break out
Target $1.9750.
Stop loss: $1.650
A break below $1.60 will invalidate this bullish view.
Signal Stream - CHFJPY Follow Up, Trust yourself and your systemI wanted to circle back around to this trade to emphasize the power of Signal Stream and why I personally take small trades and ride out draw down with my system, but mainly I wanted to make a point on the power of knowing and trusting your trading system.
As you can see since the short signal on the CHFJPY chart, price moved up into draw down, then moved back down and hit the profit target of 112.05 before falling a touch further and stalling at a support level of 111.90.
I've said it in pretty much every post: Signal Stream signals have an extremely high chance of hitting their targets, even if price moves against it.
I've held tremendous draw downs that eventually came into profits. I am able to do so because I take smaller trades, allowing me to take the draw down and also have enough equity in my account to take other trades, which further lessens the hit of a draw down.
But that's how I trade, and no two traders are alike. There are differences in mindset, risk appetite, and experience to consider.
That being said, how I trade is only one way to trade Signal Stream. There are countless other ways and trade management methods you can employ.
I've worked with it enough to trust the signals, even if they move against me at first.
Trust your system, trust yourself.
SLV Shares Silver Trust, Down before up? Lets see!Keeping it simple!
If you have checked my other charts please do, as they are mostly all playing out so far.
SLV is not the best stock for silver, as AG is a much better "silver investment" , but Ill go through this one real fast.
Looking for a fail in the wedge, because we never get what we want, (silver boom). Pull back to targeted areas.
I've also labeled a short term bounce to watch for, to top of wedge.
We have sell signals on the daily, with no currant buy signals. (Could result in no small bounce, straight to my target area.
We have our bolly band getting tight, and wedge coming to the end. There is also no momentum change in selloffs just yet.
The wedge rolls into new years, which would be a perfect storm for it to make a huge dip to lower supports before rising into the new years. (prepping for a bigger crash then)
There is also the Ichimoku turning bearish. These are all on the very important daily.
Another huge note is the WEEKLY squeeze, Im assuming it will fire short, to complete my graph.
Ill be selling my SLV on the next bounce, and will stay out, to relocate into a better silver investment such as AG or just buying silver raw, as over time this stock has proven to be failed compared to many other commodities.
Be sure to check out my other graphs, and FOLLOW with a LIKE! :) as if you did you would have saved a nice % in doing so. Not legal advice of course!
Happy trading, debating and speculating! I want everyone to win!
BTC vs GBTC (Bitcoin Investment Trust)Area plot: Bitcoin, Candles: GBTC
The GBTC is (was?) the only place where Bitcoin could be traded in the stock market. It works by holding several 100k BTC in trust and issuing shares on those holdings. It's been a round since 2016, so is a well established trust in the space (info, a bit out of date: investorplace.com) and is a pretty good "quasi-independent" indicator of investor sentiment (seekingalpha.com). Just look at that green dong!
Interesting is the fund charges very high premiums to its users. Still I think it is relatively popular with traditional type investors, who are too weird to learn how to use a hardware wallet. Also the portfolio is totally managed making asset transfer (e.g. inheritance)
relatively easy in case of death (www.reddit.com).
$TRST have strong support #cryptocurrency #bitcoin #altcoinsI see that there is a strong support on the daily chart. Good accumulation here.
