TO BOUNCE OR NOT TO BOUNCE, THAT IS THE QUESTION..
Bounce still looks like it has some life in it, right?
Overall, the chart looks good. When crypto has a massive push, you can always count on it to consolidate. Unless it is something that is revolutionary, but even then it has to have a cooldown. Bounce looks like it is about to go. All the signs point to yes on my side, but of course, be cautious and make sure you have a strategy before you get in. Y'all have a good one, and happy Holloween.
Auction
SO, WHEN ARE WE GOING BOUNCE? It seems a little off, but I like how this crypto is moving. Once it tags a resistance or support it has a reversal. The consolidation time is short, which helps leverage and be a little more predictable. At this time, it's on the way down, which is not bad. If you are an impatient trader, this movement is good for you. Once this crypto starts "Bouncing" it will be tough to stop, or you know what else could happen.... It could just dribble off the court into oblivion...
WILL BOUNCE, BOUNCE? Well. It played out like I thought it would.. Bounce, Bounced in the early morning and had a 15ish percent run. I believe by mid-noon, you will see a surge of vol and buyers coming in to play. If not, you know how it goes. Anyways, you all stay cautious and use leverage to your advantage when you are trading something like this. I am not your financial advisor, so this is not financial advice. If anything.. run....
All we need to do is BOUNCE...It looks like we have another Coin on Coinbase that has just been listed and is making some pretty steady moves. BOUNCE has the potential to 2-3X... You know how it goes. Once the movement has started, it is hard to stop. I mean, heck, It took the bad news from China, for like the 6-7th time to slow down SOL. Now, please do not think I am comparing this coin to SOl, but to me, crypto is crypto. There will always be one that is better than the other. I see some promise in this one for the short term, a quick in and out, then reinvest in some other coins. If there is something that I'm missing, please let me know. I am here to learn and pass on. Thank you, and have a good one...
AUCTIONBUSD { AUCTION } - BULLISH SETUPANALYSIS 🔎
- This is a higher timeframe analysis of my previous analysis on AUCTIONBUSD.
- AUCTIONBUSD was bounded in a descending channel.
- Price brokeout above the descending channel's resistance.
- This is a bullish signal.
- Price action is printing an ascending triangle pattern.
- An ascending triangle pattern is a bullish build up pattern.
- There's a breakout potential.
BUY ENTRY ⬆️
- Market entry: current market price.
- Stop limit entry: breakout above the ascending triangle's horizontal resistance (@29.3)
- Limit entry: test of the ascending triangle's inclined support.
TARGETS 🎯
- Short term targets (black arrow pointers): Fibonacci extension levels.
- Long term targets (blue arrow pointers): Horizontal resistance levels (@55.913, @71).
SETUP INVALIDATION ❌
- Breakdown below the ascending triangle's inclined support.
AUCTIONBUSD { AUCTION } - BULLISH SETUPANALYSIS 🔎
- AUCTIONBUSD is printing an ascending triangle pattern.
- This is a bullish build up pattern.
- There's a breakout potential.
BUY ENTRY ⬆️
- Market entry: current market price (CMP).
- Stop limit entry: breakout above the ascending triangle's horizontal resistance.
- Limit entry: test of the ascending triangle's inclined support.
TARGETS 🎯
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Breakdown below the ascending triangle's inclined support.
AUCTION/BTC Prediction AnalysisGood morning to all respected Investors and Traders,
I made a simple analysis for AUCTION/BTC
I reckon you guys to entry at my price label and take profit at my potential target 1 and 2..
Make your own analysis is sounds better..
Time will tell..
Critiques and comments are super appreciated..
Thank you!
Best,
PS: This is not financial advisor. Please DYOR before entry the market.
Do you know 'Bounce Token'?As Binance announced its NFT market opening in June,
It is worth noting the NFT related coins in the BSC ecosystem.
The bounce token's founder is Ceo of ANKR
It's a coin that aims to auction at the NFT market.
Now that the ankr in charge of the production node of the Binance chain,
So Bounce can also be expected to benefit from this June.
If you expect a rebound here, both fundamentally and technologically,
It makes a very good entry point.
KUSAMA FLYING OFF KUSAMA
I am really really bullish on this project.
To me this will outperform most of the other projects during this bullrun.
Growth is natural and demand will only increase with the Parachain slot auction.
Teams can create a #crowdloan campaign for a parachain slot to attract external $KSM holders to lock up $KSM for the project’s auction bid. Rewards for the supporters of the bidding project may be the project token, or may be other incentives besides tokens.
The Dot ecosystem is planning to lease up to 100 parachains.
Watch Kusama fly and DOT follow up next.
Is it still late to get in, not yet, but this may be our last chance for someone looking for a safe 2x. - I’ve set some buy orders at 400$ - 390$ and 380 $. Hopefully we could get down there and wish some early investor take some EARLY profits (which shouldn’t happen now imo)
I am personally holding this one until scarcity is reflected on price. Which would be around TP3 = 930$ (APPROX)
The canary is flying up to the moon.
Cheers
10-Year Notes Auction Result Is Pointing Toward Market StabilityTuesday's 3-year notes auction, Wednesday's 10-year notes auction, and Thursday's 30-year bond sale are 3 of the most closely watched auction that will be happening this week due to the recent focus on bond yields which have been a key driver of stock movements.
We saw that on Tuesday, the $58 billion auction in 3-year notes was well-received, attracting demand that is well above average. This can be seen from the bid-to-cover ratio, which acts as an indicator of demand, where we saw a ratio of 2.69 for Tuesday's auction, which is stronger than both the 2.39 ratio we saw in February as well as the average ratio of 2.40. This temporarily eased the fear of an uncontrollable rise of velocity in the surge of bond yields.
I believe today's $38 billion auction in 10-year notes has helped to further calm such uncertainty.
Following today's auction, the Treasury sold $38 billion in 10-year notes at a yield of 1.523%, with bidders seeking $2.38 for every $1 on offer from the government. This means that the bid-to-cover ratio stand at 2.38, which is nearly on par with last month's 10-year notes auction ratio of 2.37, but lower than the average taken from the last 10 previous 10-year notes auction ratio of 2.42.
While this does not indicate above average demand like what happened yesterday with the 3-year notes auction, it does shows that today's auction has demand that is consistent with recent auctions. This is a good thing because one of the things that market participants are fearful for is unpredictability and instability caused by more weak auctions that are not within expectations like what we saw in late February's auction of 7-year notes where an unexpectedly weak auction caused the market to sell-off.
As such, given today's average 3-year notes auction that was within expectations in combination with the lower than expected core CPI data that was released earlier today, the fear surrounding the bond market is temporarily put to a halt once again.
Tomorrow's $24 billion sale of 30-year bond will be the last straw of the week that could potentially move the market significantly in either direction. Market participants in the stock market should continue paying close attention to the situation surrounding the bond market because I believe that Treasury yields and the result of bond auctions will continue acting as an indicator of the general direction of the broader stock market throughout this week.
Invest safe.
This is not investment advice so please do your own due diligence!
Support this idea with likes and share your thoughts below.
Inflation Concerns Eases Amid Lower Than Expected Core CPI DataAmid rising concerns on inflation, today's release of Consumer Price Index (CPI) data for February is among the most anticipated event of the month. The CPI acts as a gauge for inflation, where it measures the average change in prices over time that consumers pay for a basket of goods and services.
The CPI data vs Analysts' estimates is as follows,
CPI: 0.4% vs Expected 0.4%
CPI YoY: 1.7% vs Expected 1.7%
Core CPI: 0.1% vs Expected 0.2%
Core CPI YoY: 1.3% vs Expected 1.4%
Note that Core CPI excludes the volatile food and energy prices, while CPI is an all items index.
Considering the above CPI data that is relatively tamed, we can expect the market's concern about a spike in inflation to be eased for the time being. We also saw the 10-year Treasury yields sliding lower, and an upward push in the stocks pre-market in reaction to a positive miss in the Core CPI data.
As such, I expect the broader stock market to stay relatively green today, at least until the $58 billion auction in 10-year notes that will happen later today, which may provide further indication on where Treasury yields may be headed going forward. Thus, market participants in the stock market should continue paying close attention to the situation surrounding the bond market as it will help provide you with insights on what you can expect for the day's movement.
Invest safe.
This is not investment advice so please do your own due diligence!
Support this idea with likes and share your thoughts below.
Today's 3-Year Notes Auction Is Why The Stock Market ReboundedAfter experiencing a sharp spike in the 10-year Treasury yield last month due to an unexpectedly weak demand of a US$62 billion 7-year notes auction, today marked the start of a crucial bond auction week that will test the condition of the bond market.
This week's schedule is as follows,
Tuesday: $58 billion auction in 3-year notes
Wednesday: $38 billion auction in 10-year notes
Thursday: $24 billion sale of 30-year bond
Following today's auction, the Treasury sold $58 billion in 3-year notes at an auction-high yield of 0.335%, with bidders seeking $2.69 for every $1 on offer from the government. According to the bid-to-cover ratio, which acts as an indicator of demand, the ratio stands at 2.69, which is stronger than both the 2.39 ratio we saw in February as well as the average ratio of 2.40, indicating that the bond auction was well-received compared to what was expected. As a result, lingering fear of an uncontrollable rise in velocity of the surge in Treasury yields was temporarily put to a halt today. This caused the 10-year Treasury yield to drop by 4.46% today, and resulted in a rebound in the U.S. stock market, with S&P 500 up by 1.42%, NASDAQ up by 3.69%, and DJIA up by 0.10%.
I expect Treasury yields and the result of the aforementioned bond auctions to continue acting as an indicator of the general direction of the broader stock market throughout this week. Market participants in the stock market should continue paying close attention to the situation surrounding the bond market as it will help provide you with insights on what you can expect for the day's movement.
Invest safe.
This is not investment advice so please do your own due diligence!
Support this idea with likes and share your thoughts below.
BTC short target 7961 Hi traders .
I guess i should have hold that long positions ;) Oh well .,
Trade based on previous analogy . Firs short positions are bleeding now but no worries second its doing ok ATM ., target selected on the screen . I will probably add more positions as price its developing .
BCDUSD Volume Analysis Prediction 02/01/2019Out last BCDBTC forecast is still active so we decided to analyze BCD against USD.
On the chart we indicated (boxes) active balances.
As we seeing, the structure of boxes - descending.
At the moment the price reached daily support area 0.65-0.69, but to start buying we need confirmation.
How to see it? We need at least one past balance to be canceled, and the new balance must goes up.
Until this happens, it is risky to enter the purchases, as the probability of price reduction remains high.
Buy: 0.7590-0.7600 (after breakout 0.78)
Take Profit1: 0.84
Take Profit2: 0.90
Take Profit3: 0.96
Stop loss - indicates on the chart
Priority: Bear initiative
BCDBTC Volume Analysis Prediction 12/20/2018 Wow. Did you catch this move? It's look like cryptomarket is starting to wake up. A small gift for the New Year holiday. We waited for this almost a year, didn't we?
Ok, what's next? We have bull priority.
Most likely a new balance will be formed now, we already have 2 borders.
To enter the market use the lower border of the balance (0243).
If this level will be breakdown, then it is best to wait the price at the lower POC or at the starting point of the impulse.
Buy: 0243
Take Profit1: 0273
Take Profit2: 0292
Re-Enter: 0213-0216 area
Take Profit1: 0243
Take Profit2: 0273
Take Profit3: 0292
Stop Loss <1%
Priority: Bull
Final Signal: Buy from 0243 or
re-enter 0213-0216 area
Look below and fail Yesterday the Dollar index has flushed below the double bottom weak structure below 94.95. However, that break didn't spark the momentum for a down side continuation, instead, it has created a big look-below-and-fail pattern that is essentially called an end to the down auction with an excess. Now we are going to work with a bullish directional bias on the Dollar index that we are going to hunt for long setups instead of short setups.
BCDUSD Volume Analysis Prediction 9/19/2018A new balance was formed with the range 1.70-1.91
While the price is inside the balance,
it is necessary to trade only from the borders.
At the moment the price is at the bottom of the balance.
We expect a rebound from this area with a target on other side of the balance - 1.90-1.91.
But, if the price will breakdown 1.70 we will see a price fall to 1.6035.
In any case, we must proceed from the facts.
There is a fact - there is action. There is no fact - there is no action.
Glossary of terms
Point of Control (P O C) – The price level for the time period with the highest traded volume .
Value Area (V A) – The range of price levels in which a specified percentage of all volume was traded during the time period. Typically, this percentage is set to 70% however it is up to the trader’s discretion.
Balance - Accumulation Area.
F L - flat level.
T L - trend level.
Fixing (fix, culmination) - reverse price reaction then the markets stops i'ts movement for a short time. The trend stops when it passes through 1-3 fixing movement.
BCDUSD Volume Analysis Prediction 9/17/2018Last 2 impulses was down, it's bear priority.
Also last balance goes down.
At the moment we do not see an increase in volume
and reaction in the opposite direction, which means
that with a high probability the price will continue to decrease.
The next support level - 1.6034
The situation on BCDBTC is similar.