USDCNH video top-down AnalysisHello everyone, here is the top-down analysis for USDCNH, feel free to request any pair/instrument or ask any questions in the comment section below.
Best of luck!
Chinese
[$NEO] Don't sleep on the chinese $ETHHello everyone,
Hope everyone OK !
Some analysis on the Chinese $ETH , $NEO is becoming more communicative on their new DeFi projects with NEO3.
Some a technical point of view, there is a really good signal at the moment wiht this set up : Price above Cloud , Tenkan & Kijun following the new trend & finally the Laggin Span pumping out of the cloud on the Daily.
3D TF we hit the SSB ( upper band of the bearish Ichimoku Cloud)
Volume are coming in and more NEO community, more the PA will move ;) It's a new turn at the moment for really good altcoins project !
TOP50 altcoins marketcap is reversing strongly vs. $BTC.
$NEO is clealy painting a new cycle after this long bear market with slow congestion. Accumulation last more than 1 year and half ! Let's go out this zone and rock resistance !
Keep on eye on it :)
NB: It's not a financial advise ;)
Trade safe , Stay safe
PEACE
NicoDonCrypto
Chinese Yuan-- From 2008 to nowMeasured move shows the previous wave cycle was corrective, making the next cycle the impulsive wave.
*Since Yuan was introduced since 1955, there no use for making upward measured move target with incomplete data.
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Fundamentals// that China is not willing to keep print money like before+ US printing $$$
AUD/JPY Weekly Candlesticks & Ichimoku ChartChinese economy recovering strongly should benefit the AUD in the longer run, and once Abe’s successor is elected, BoJ’s ultra-easy monetary policy will likely be reaffirmed — paving the way for eventual JPY weakness.
AUDJPY has closed above the weekly Ichimoku cloud and broken above resistance at 0.7680–0.7700 convincingly. Buy on dips for a test above 0.8000 seems the right way to go…
NIO going to $25 after filling the gap at $17.90NIO is going looooong, but first we need a small pullback to the 17.80 area.
So, it's short-term SELL.
Medium-term BUY
BABA Analysis (ALIBABA GROUP HOLDINGS LTD)When NYSE:BABA closes significantly above the green rectangle area (Significantly above the 201.5) , I think it would very likely to continue up to around the 209-210 area (Around first blue line) , with a potential to reach the 219-220 level (second blue line) , depending on how price would act around the 209-210 area .
Tencent Holding $TCEHYIt is hitting the pivot resistance but RSI is still below the last high. Unlikely it will break it.
Shangai Composite #SHCOMPThere is positive divergence and double bottom. If it breaks "Target1", next level will be "Target2"
300146 By Health Co LTDAnother beautiful chart, a masterpiece of clarity, at least in my eyes.
Looking for much higher prices in the future.
300330 Shanghai Huahongjt with a potential long term bottom5 waves up, 3 waves down, reaction on huge support, potential IHS formation. Looks good
ridethepig | CNY Market Commentary 2020.02.16On the technicals there is little to update while the resistance holds, despite the bounce via PBOC intervention on coronavirus risk flows. The only level in play to the topside is 7.0248 as it caps the highs in the current wave. Anything above will unlock a leg towards the next barrier at 7.0733.
The coronavirus short-circuit sadly temporarily disrupted the USD devaluation / reflationary growth theme. I am still holding shorts and active looking for a test of the 6.825x. Anything below that will open the floodgates for the major break:
As usual thanks for keeping support coming with the likes and comments, we'll open up the short-term flow after the Tokyo open in the comments below for those trading live!
NEO in a WyckOff Scheme Accumulationschool.stockcharts.com
Spring is over, retest is successfull, now phase D is starting
Major Reversal In Play For CNY - A Must Track!!A good time to update the CNY chart with US away from their desks for thanksgiving. Both sides rolling back tariffs means that CNY has unlocked the gates for a retrace towards the key 76.4%.
On the monetary side, updates from PBOC who continue sitting on the bid and are unlikely to change stance and keep CNY strong against the crosses, and as long as this remains the case the highs will be capped. Risks to my thesis come from another escalation in protectionism.
For Chinese Equities the important and key 2793 is back in play again:
Those following previously will remember trading the breakout to the topside, which is now clear was the final exhaustion leg. A textbook one to track for those wanting to dig deeper:
For the technicals we are tracking a similar leg in nature to the sell-off in 2017, initial looking to target 6.9xx with extensions as low as 6.6xx and 6.4xx. While to the topside invalidation will come via a break of the highs.
Best of luck all those on the CNY bid, jump into the comments with any questions and your views on CNY!
$NEO possibly finishing 25% moveOn the smaller time frame, NEO has made a double bottom in its descending channel. This could potentially send it up to the higher part of the channel to eventually complete its bull flag by breaking through resistance and finally meeting around the .0017 barrier. Volume is increasing (more noticeable on higher time frames). Keep in mind a double bottom on a smaller time frame doesn't have as much power, but it could potentially.
Stoploss at or around .0013.
Trade wisely and take this idea with a grain of salt as you should with all trading.
ASUKA TIME IS RUNNING OUT 4 $btc BITCOIN's legendary prophecy! Is the Asuka prophecy still in play?
In my video we look at the historic accuracy of the Asuka Prophecy as time is running out for the latest prediction. this one is getting interesting though as the chinese president gives a green light to crypto and Edward Snowden tweets the smug asuka used in the prophetic post from 4chans /biz/
Currently we'd need more than a 60% move upwards over the next 4 days for the post to remain true. as of now it has been correct an amazing amount of times. Do you think its possible? anyway I made a deeper video looking at the post and its relevance and we will have to see how the next few days play out for Bitcoin.
www.youtube.com
LNG, Cheniere Energy Inc. - Ascending Triangle ready to breakoutAMEX:LNG
Clear ascending triangle in formation ready to make the breakout in the coming weeks.
We have already set the alert that will alert us in case the level 70.00 will be broken.
finance.yahoo.com
parabolic move incoming on ZKINthis thing is going to go up 5+ on earnings and technicals... low float with 7 mill OS.. weekly bollinger bands says this is going to blow up with bullish divergence on MACD..
Strong Close but Can FFHL Continue Higher?HUGE day today but I'm not sure if this news is enough to make a reason to keep this on the radar or not. I'm sure after today, the weekend warriors will notice this volume and price move.
"This is what happens when penny stocks release news afterhours. Just because the closing bell rings at 4PM EST, doesn’t mean you stop watching the market. Those who had access to aftermarket trading on Thursday could have reacted to the companies latest announcement. FuWei reported its quarterly and 6-month results, which seems to be the spark that lit this fuse."
From Top 3 Penny Stocks To Watch On Friday on PennyStocks.com
Results:
FuWei reported 10.7% growth in sales compared to the same quarter last year. It also saw EPS come in at $0.04 per share versus last year’s period of a $0.4 loss per share. The company’s plastic film products are widely used for food, medicine, cosmetics, and even tobacco.
NASDAQ:FFHL
CNY-denominated gold will hit a new high in the future.
Only valid for Chinese people. If you want to keep your wealth. You need physical gold. I don't understand the macro economy. I think the trade war is long-term and he will exacerbate the devaluation of the renminbi. If you are a Chinese compatriot. I hope you are lucky.
