FortunaAlgoAnalytics

FortunaAlgoAnalytics Updated 

Every investor should ask themselves, are we in store for the usually 20-30% correction? Or are we in store for a market meltdown, similar to the Mortgage Backed Security collapse of 2007-2009? Or the Dot Com bubble during in 2001-2002? I have the most recent corrections in history highlighted, their reasons listed. > It is clear that the current situation and...

FortunaAlgoAnalytics

High Inflation, Hundred of Billions flooding out of Equity Markets, Hundred of Billions withdrawn from Bonds and 25% NASDAQ sell off. Where will this money go?!? >>> Bond yields have a 5% negative yield. >>> Equities are in peak fear - Tech Companies with rapid growth and 20s P/E ratios are dropping >5% per trading day. >>> Bitcoin the only none...

FortunaAlgoAnalytics Updated 

>>> LTCUSD note: Since the middle of 2018, Litecoin - USD 50 Day SMA average has inverted upwards 8 times. The 8th time is occurring as we speak 7/8 times this has Chart Pattern occurred, it has been followed to a rise of LTC against USD . Will this be the 8th repeat?!? >>> LTCBTC note: Since the start of 2017, Litecoin - BTC 50 Day SMA average has inverted...

FortunaAlgoAnalytics

> Riot Blockchain has been dragged down by the greater tech market sell off. Bitcoin is still holding up. Considering the correlation Riot has to Bitcoin's price, this provides upwards momentum. > The Nasdaq is falling into daily and weekly Oversold RSI levels. This increases the likely hood of a bounce in equities, suggesting upward momentum in Riot. Earning...

FortunaAlgoAnalytics Updated 

Following on from the LTC/BTC trade I posted a few days back. I believe we are seeing a building of momentum to the upside. Examining the daily candles, we are seeing continuous strong green candles. I believe that this is a great consolidation zone to accumulate litecoin cheap. Although not financial advice the way I have undertaken this trade is using Binance...

FortunaAlgoAnalytics Updated 

Netflix Q2 2022 Earnings Report: ir.netflix.net Key Takeaways of Netflix Earning Report > Lowest P/E ration in 10 years of operating. > Revenue is UP 2.06% from last quarter. > Revenue is UP 9.8% from Q2 of 2021 > Operating Margin of 25.1% is UP 19.1% from the last 4 Quarter average. > Diluted EPS of $3.53 is UP 25.6% from the last 4 Quarter average. > ...

00:00

FortunaAlgoAnalytics Updated 

Will the 50 day SMA be the support Litecoin needs for a reversal to the upside.

FortunaAlgoAnalytics Updated 

Litecoin is at the lowest levels relative to Bitcoin in its History. The double bottom formation, is creating a great set up for the reversal. Long Litecoin. Litecoin has also broken out of a multi-year downtrend. Found support, hold on Ladies and Gents.

FortunaAlgoAnalytics Updated 

Riot Blockchain has been overlooked over the last few months. As Clearly seen on the chart, the correlation to Bitcoin's movements is closely correlated. > I Believe that an ascending support line, has been tested multiple times by both Riot Blockchain and Bitcoin . > With significant momentum driven by earnings season. Earning season is providing significant...

FortunaAlgoAnalytics

The Bitcoin Range has entered a very attractive area. With both Bitcoin and the NASDAQ finding support after their recent correction. I believe there will be a second retest of the 200 day moving average over the next few weeks. Significant upside potential irrelevant of the the interest rate hikes.