Could memecoins lead the way to the next bull run?
-
-
Posts
-
By tradinglounge · Posted
ASX: LIGHT & WONDER INC. – LNW Elliott Elliott Wave Technical Analysis TradingLounge (1D Chart) Greetings, Our Elliott Wave analysis today updates the Australian Stock Exchange (ASX) with LIGHT & WONDER INC. - LNW. We determine that LNW is developing under wave ((ii))-green and may end soon, and is ready to allow wave ((iii))-green to return to push higher. ASX: LIGHT & WONDER INC. - LNW Elliott Wave Technical Analysis ASX: LIGHT & WONDER INC. - LNW 1D Chart (Semilog Scale) Analysis Function: Major trend (Minor degree, red) Mode: Motive Structure: Impulse Position: Wave iii-blue of Wave (iii)-purple of Wave ((iii))-green Details: The short-term outlook shows that wave ((ii))-green has extended longer than expected, developing into a Double Zigzag. Wave (x)-purple has just completed, and wave (y)-purple is unfolding to continue pushing lower. Invalidation point: 136.07 ASX: LIGHT & WONDER INC. - LNW Elliott Wave Technical Analysis TradingLounge (4-Hour Chart) ASX: LIGHT & WONDER INC. - LNW Elliott Wave Technical Analysis ASX: LIGHT & WONDER INC. - LNW 4-Hour Chart Analysis Function: Major trend (Minute degree, green) Mode: Motive Structure: Impulse Position: Wave b-blue of Wave (y)-purple of Wave ((ii))-green Details: The shorter-term outlook suggests that wave (y)-purple is currently unfolding, subdividing into waves a, b, c-blue, with wave a-blue having just completed. Now is the time for wave b-blue to unfold, pushing slightly higher before wave c-blue returns to push lower. This sequence would complete wave ((ii))-green, allowing wave ((iii))-green to resume and push higher. Invalidation point: 162.00 Conclusion: Our analysis, forecast of contextual trends, and short-term outlook for ASX: LIGHT & WONDER INC. - LNW aim to provide readers with insights into the current market trends and how to capitalize on them effectively. We offer specific price points that act as validation or invalidation signals for our wave count, enhancing the confidence in our perspective. By combining these factors, we strive to offer readers the most objective and professional perspective on market trends. Technical Analyst: Hua (Shane) Cuong, CEWA-M (Master’s Designation). Source : Tradinglounge.com get trial here! -
Just updated settings for currency conversion from instant to manual. I understand, from now on, I pay commission of 2 cents per share with a minimum charge of $10 on US stocks while on instant it was $0. But, the real question is: - how do i transfer my AUD in my bank to USD on IG. Is bank transfer option (With the acct/swift code from IG) the only option? - what happens when US stock gives divided? does it get transferred to AUD or will it remain somewhere (dont know where) on IG in USD itself? - what happens when I sell USD stocks? same as above, where do i manually transfer it back to AUD? Cheers -
By CryptoSaint · Posted
There has been a significant uptick in activity from institutional investors, or "whales," in the meme-inspired cryptocurrency Dogecoin (DOGE). Recent data shows the value of large transactions has almost quadrupled in the past day. According to statistics from IntoTheBlock, transactions over $100,000 have soared in value over the last 24 hours, jumping from $1.53 billion to nearly $3.01 billion. Simultaneously, the amount of DOGE moved by these whales increased from 9.74 billion to 17.97 billion, indicating a substantial rise in investor activity within the Dogecoin ecosystem. This dramatic increase in whale transactions coincides with growing speculation within the crypto community about the possibility of a Dogecoin ETF being approved. Excitement surrounding the prospect of an Ethereum ETF has led to speculation that DOGE might be the next cryptocurrency to get its own ETF. Amid this speculation, a prominent crypto enthusiast named Vee posted on X, suggesting that Dogecoin would be perfect for an ETF due to its broad acceptance and non-security status. In a post highlighting the potential pros and cons, Vee underscored the double-edged nature of traditional financial institutions' interest in Dogecoin. Billy Markus, one of the coin's co-creators, humorously remarked that a Dogecoin ETF would be "amusing," a sentiment that fits DOGE's playful origins but doesn't detract from the serious investment opportunities current market trends present. Dogecoin value has risen by 11.2% over the last week, reflecting the overall upward trend in the cryptocurrency market. Although DOGE has seen a slight 0.7% increase in the last day, it is now trading at $0.168.
-
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now