USD TO PHP TODAY AND FORECAST FOR TOMORROW, WEEK AND MONTH ...

Bitcoin price forecast, using BCG matrix

Bitcoin price forecast, using BCG matrix
BTCUSD analysis: Bitcoin forecast

Experimental analysis of BTCUSD trends by means of Boston Consulting Group matrix

Telegram channel — trading signals btc, eth, xrp
Today, I’ll go on to analyze the BTCUSD pair, as all the other altcoins depend on it.
A couple of days ago, there was quite and important fundamental event that was hardly responded by the crypto market. It is about the G20 meeting that was held in Argentina.
One of the most important agenda items was digital economy. As you know, they were discussing cryptocurrencies and the future of the crypto market. Following up on this meeting there was drafted a declaration. At first sight, it doesn’t seem to present any sensational solutions. However, the leaders of G-20 member-countries have admitted that cryptocurrencies and blockchain technology has a huge potential and its development is important for global economy. On the other hand, they have again emphasized the officials’ concern about poor regulation of the cryptocurrency market. Here, a particular emphasis is put on the risks, associated with money laundering and the development of illegal markets, as well as terrorist financing.
What does it mean?
It is a good signal for alarmists, who have been already disappointed in cryptocurrencies and dumped their deposits. Nobody will ruin the crypto market. Cryptocurrencies, as a type of investment assets will always exist in one form or another. What’s the point in killing the goose that lays golden eggs?! The hype around the crypto market turned into investors those, who had never thought about investing in any assets. Economic participation of people has sharply increased. There appeared whole industrial sector that became almost national idea for particular countries. It is far easier to legalize cryptocurrency and impose taxation, rather than to fight with the products of digital economy. The Group of 20 were discussing the issue of developing a taxation system for international digital services. It means only one thing - one way or another, the whole cryptocurrency market will be split into two parts; the first one will be completely transparent not only for users but for public authorities as well. There will be institutional investors and banks, along with corporations. There, the cryptocurrency will be completely integrated into banking services and become publicly available and user-friendly. Everything will be legalized and regulated. The second part will become a part of shadow economy and will be under continuous pressure from regulators and governmental authorities. The users of such cryptocurrencies will be automatically recognized as financiers of terrorism and accomplices in money laundering. The users of such cryptocurrencies will face potential imprisonment and international prosecution.
Even if it sounds unreal now, but if the G-20 are seriously discussing the cryptocurrency matter, I’m sure that the country leaders will join their efforts to bring this scenario into reality. So, I won’t be surprised if, in a few years, there will be another bitcoin fork that will be recognized by the Group of 20, included into gold and forex reserve and will become a new payment means; and the old bitcoin will become illegal and will be traded secretly.
But now, it is still an assumption and won’t come true in the new future.
I’d like to perform technical analysis of the current bitcoin market sentiment to find out what is going to be in the near future.
https://preview.redd.it/7jfpz6euou221.png?width=1954&format=png&auto=webp&s=ed0798ef8938d6da6be3e33392b32d20054fa5b2
In my previous analysis a week ago, I offered a long-term forecast for the next 10 months, suggesting the major target at 2000 USD to be reached around October, 2019.
I still believe that the bottom at 2000 USD looks quite justified, in terms of both fundamental and technical analysis.
This scenario can be real in fact, if bitcoin will be moving in the downward channel with a corridor of about 3000 USD. Previously, BTC could be moving faster in a few days, but in the current crypto market situation, such a narrow range looks reasonable. However, Bitcoin has never moved as it was expected by the majority of traders.
I compared in detail the current market situation with the Bitcoin drop in 2014 and noticed some regularities that I emphasized in the last forecast for bitcoin future price.

https://preview.redd.it/ut5jhcpvou221.png?width=1954&format=png&auto=webp&s=a1f0582387490922b0b9aebd34a93a8cc7703948
If you look closer, you’ll see from the chart above that the bullish trend had been speeding up since August, 2014, and reached its peak in December.
I wouldn’t try to fit this into particular dates or months, but if I try to draw a direct parallel with the Bitcoin current fall, it should start falling faster.

https://preview.redd.it/rlixmzkwou221.png?width=1954&format=png&auto=webp&s=a6086ecddee8770675fdc62dafb726f544e15bad
To better explain my idea, I suggest you look at the chart above.
Many of you are likely to be familiar with the BCG matrix, is a corporate planning tool created by Boston Consulting Group. Long story short, the matrix describes the life-cycle of a product and its position in the market.
I won’t describe it in detail here. I just had an idea to analyze the price trend like a product. A trend is traded in the market like an idea, and each trader votes for it by means of their money, supporting or opposing the idea.
Based on this assumption, a trend, like a product, will pass through four stages:
  1. Entering the market - “Problem child”
  2. Developing stage - “Star”
  3. Developed stage - “Cash cow”
  4. Recession - “Poor dog”
The stage of problem child (also known as “question mark”) is the initial step. The product is just entering the market, but consumers don’t trust it, and so, it needs a large amount of investments. I marked this stage with the yellow circle in the chart above. There are two big dumps. The financial supporters of the drop were investing quite much in their bearish trend, but the buyers didn’t trust that idea and didn’t support it. Next, the product has been accepted by buyers, whose market share was quite high in the market, as well as the rate of sales, starting next. There, comes the stage of growth, the Star!
In the given example, it is the green box that highlights the zone of the steady bearish trend. It was accepted and admitted by the market, and everybody supports the idea of Bitcoin drop. Everybody likes it and thumbs it up. The next stage is the developed stage, or Cash cow. That is when investors begin to gain the yield from their product and the investment is paying off. It the blue circle in the chart above. There, it is clear that manipulators are starting to buy out and get the cheap biotin, making up their funds spent on dumps.
A sure sign of this stage is incredibly high trade volumes.
The last stage is recession, or Poor dog. Such a dog is weak and won’t live for long. The product at this stage is not appealing or demanded. Interpreting this idea, there is a clear red circle in the chart above. Market participants don’t believe in the bearish trend any longer and don’t support the idea by their money. The funders are not interested in promoting this idea as its development costs exceed the potential profit, or it may at all generate negative cash return.
Therefore, the Bitcoin bearish trend, like a product, is leaving the market, being replaced by a different idea.
https://preview.redd.it/ppki39lxou221.png?width=1954&format=png&auto=webp&s=1edcc6d841c3d623a78ac615323620868e52a605
Drawing the same parallel with the ongoing bearish trend, you see that the Problem child stage has been already finished. Due to the strong bearish trend, this stage was lasting for a particularly long time, despite the price drop from 20 000 USD down to 6000 USD. The candlesticks clearly display strong volatility and the buyers’ resistance.
Eventually, following the long fight, market gave up and the bearish entered the stage of Star. It is clear that, due to the longtime resisting, the bulls stepped back, having lost quite much; and each crypto market participant believed in the bearish idea. The stage was developing very fast, and so, it ended quite soon. And it is clear that the BTCUSD downtrend trend is entering the Cash cow stage now.
As I’ve already said, at this stage, manipulators take an advantage of the market inertia and start “milking” the cow, as the marketing specialists call it; traders would say, trick out of hamsters’ money.
https://preview.redd.it/abdwsiizou221.png?width=1954&format=png&auto=webp&s=fa8f3648a3f2a1f755f42f6e2d2deb7c640cab95
It is clear from the 15-minute BTCUSD price chart above that there are frequent buyouts; that is investors are gaining profits from the invested cash. Currently, while weak hands are losing their positions, the whales are buying out cheap bitcoins. It will go on until it becomes clear that the idea of the Bitcoin drop has been finished, and the bears don't have any more power to press the market down.
Most likely, at this stage, manipulators will repeat the same trick and start selling the bitcoins, they’ve already bought, to create stronger panic. People are extremely nervous, and so, manipulators won’t have to dump much.
https://preview.redd.it/itl4gyr0pu221.png?width=1954&format=png&auto=webp&s=7c6943a6a2bd554f1e9e7b44db7fb599c9abe263
If you gain look at the monthly BTCUSD price chart above, you see that the next wave is likely to start in February, 2019. Based on the depth of the plunge, the level at 2000 USD is such an irresistible barrier, which many will start from. I assume that manipulators anticipate this situation and will make their final buyout not going as low as this level. In the volume profile chart, it will look like a hump that I outlined by the red ark. After that, the bearish trend will start exhausting, amid trading flat and weak attempts to draw the price up to 4000 USD. The Bitcoin downtrend will enter the stage of Poor dog.

https://preview.redd.it/n8lplvt1pu221.png?width=1954&format=png&auto=webp&s=955ff6e177191986710e731e2c5158de87b115ac
This period will be dangerous because of extremely low trade volumes, allowing the manipulators to perform various tricks and attempts to crash the market in order to buy more bitcoins at the lowest price level. There is likely to be another slide down before the bearish trend of 2018-2019 will finally end. The final drop is likely to be followed by a new idea, supporting the BTCUSD growth.
The whole cycle will start from the beginning. First, funders will heat the market up, selling the idea to hamsters. Next, supported by the market natural growth, they will launch the rocket up rather high, where they’ll start gaining cash. But that is another story; it is called Bitcoin uptrend of 2019-20??
Unfortunately, the manipulators haven’t yet finished developing their bearish trend, and we’ll have to wait.
That is my updated BTCUSD global scenario.
I wish you good luck and good profits!

Follow us to read important crypto news first!
Telegram
VK
Twitter
submitted by Nick_Kiros to u/Nick_Kiros [link] [comments]

Daytraders discussion, ideas and strategy sharing (TA+FA)

TA that I use constantly and find working for a bit over a year:
FA principles that I constantly use and find immensely useful to always keep in mind:
Trading techniques and strategies:
I used to sell EURUSD at retracements due to high central bank policy divergence, good USA data and pretty bad Euro Zone data. Used a high SL because of high conviction and never actually had a losing day.
After the holiday I will be starting to trade once again. I was thinking about simply looking for decent conviction trades and just take em all with a 1:1 risk:reward ratio and see how it goes in a day trader's time frame (intra day).
Both FA and TA traders and mutts like myself and every type of trader are welcome to share and give constructive criticism to any idea or strategy or just share your strategy!
EDIT: Here are a few free websites that I use:
Calendars:
Pure data:
News stories and analysis:
Use these to gauge the general vibe and sentiment of what the markets are thinking! Big hedge funds and commercial banks occasionally get interviewed:
Forex live: best for last!
The news are released and updated fairly real time, during big releases they come out with the story+analyzed story within minutes. It's a realtime feed so you won't be refreshing the page to get updated.
submitted by anti_erection_man to Forex [link] [comments]

Weekly FOREX Forecast: 17th – 21st Feb 2020  (FREE SESSION) Forex Forecast for the New Year: EUR/USD, GBP & More  Podcast Crude Oil Forecast for June 1st, 2020 EUR/USD Technical Analysis for May 11, 2020 by FXEmpire Forex Trading & Wave Analysis  Weekly FOREX Forecast: 25th – 29th Mar (+ 2 BONUS TIPS) Forex Trading: USD/INR: Best Trading Strategy: Live Chart ... HOW TO TRADE FOREX 2020  MAKE MONEY ONLINE $230 A DAY ... Live Forex Signals Forecast EURUSD & USD JPY & GBPUSD H1 ... EURUSD Live Trading Daytrading Forex EUR/USD M5 spot fx ...

USDPHP Forex Chart. Ideas. Videos only. Top authors: USDPHP. TomProTrader Last visit ... My Technical Analysis USD/PHP Based on my technical analysis and as caused by the ongoing COVID-19 pandemic, I can see that the value of PHP (Philippine Peso) can possibly drop from 47 to 45 Reason: 1) June & July closed below Exponential Moving Average 20 & 50 2) Elliott Wave (4) is a corrective wave. it ... According to our Forecast System, USD to PHP Forex pair is a bad long-term (1-year) investment*. "United States Dollar / Philippine Peso" exchange rate predictions are updated every 5 minutes with latest Forex (Foreign Exchange) rates by smart technical market analysis. Latest USD market news, analysis and US Dollar trading forecast from leading DailyFX experts and research team. USD to PHP forecast on Thursday, December, 10: exchange rate 47.9890 Philippines Pesos, maximum 48.7088, minimum 47.2692. Some amounts at current USD to PHP exchange rate: 1 USD = 48.28 PHP 2 USD = 96.55 PHP. 3 USD = 144.83 PHP. 4 USD = 193.10 PHP. 5 USD = 241.38 PHP. 6 USD = 289.66 PHP. 7 USD = 337.93 PHP. 8 USD = 386.21 PHP. 9 USD = 434.48 PHP. 10 USD = 482.76 PHP 11 USD = 531.04 PHP. 12 USD ... The USD to PHP forecast at the end of the month 44.54, change for September -0.5%. Dollar to Peso forecast for October 2022. In the beginning rate at 44.54 Pesos. High exchange rate 44.98, low 43.66. The average for the month 44.38. The USD to PHP forecast at the end of the month 44.32, change for October -0.5%. USD to PHP forecast for November 2022. In the beginning rate at 44.32 Pesos. High ... EUR/USD - Forex - Get a EUR USD forecast recommendation - strong Buy, Buy, strong Sell, Sell or ... 10, 20, 50, 100 and 200 periods) and common chart indicators (RSI, Stochastics, .... All CFDs (stocks, indexes, futures) and Forex prices are not provided by . EUR/USD - Forex - Get free detailed financial information about the Natural Gas: News, Charts, Analysis, ... Natural Gas forecast for ... USD/PHP live exchange rate, Charts, Forecasts, News and Macro Data. Everything you need to know about the currency pair.

[index] [28322] [26930] [5680] [982] [23784] [25634] [27755] [29850] [20815] [13323]

Weekly FOREX Forecast: 17th – 21st Feb 2020 (FREE SESSION)

Weekly forex forecast "weekly outlook" is designed to cover Forex pairs (fx trading: eur usd…), indices, commodities (gold price, oil price…) and cryptocurrencies includes the following: FOREX ... Millions of traders from around the world seek out DailyFX for up-to-date forex alerts, news and analysis. Think of us as your trading friends that have access to institutional level research ... In this video, we discussed the Trading Strategy of USD/INR. By using this simple trading technique we will easily earn a very good profit. We will analyse t... Trading Chatroom: https://discord.gg/YXKff9J JOIN OUR #TRADING NEWSLETTER This is the best way to have trading knowledge nuggets delivered right to your ... Forex Trade With Us http://bit.ly/2EYIbgI Email: [email protected] P.S MY INSTAGRAM IS GONE NOW SO IF SOMEBODY WRITES YOU ITS NOT ME ALSO IM NOT ON T... Product Order Form https://forms.gle/YEbWeWiZoZhV4cYTA GRAND PACK INCLUDE ALL PRODUCTS LICENSE VALID UNTIL END OF 2022 MASTER PRIVATE SIGNALS + CRONOS PACK +... Weekly forex forecast "weekly outlook" is designed to cover Forex pairs (fx trading: eur usd…), indices, commodities (gold price, oil price…) and cryptocurrencies includes the following: FOREX ... Weekly forex forecast "weekly outlook" is designed to cover Forex pairs (fx trading: eur usd…), indices, commodities (gold price, oil price…) and cryptocurrencies includes the following: FOREX ... Weekly Forex Forecast 8th - 12th June 2020 ... EUR/USD Forecast for July 8th, 2020 - Duration: 2:09. Daily Market Movements 204 views. New; 2:09. I Lost $50,000 Day Trading in 1 week! Here Is What ... EUR/USD and GBP/USD Forecast May 11, 2020 - Duration: 1 ... How To Make $100+ A Day, Trading With A $1000 Account - Duration: 17:33. Riley Coleman 308,853 views. 17:33. EUR/USD Technical Analysis ...

http://arab-binary-option.hookupche.cf