{"id":1046,"date":"2019-06-30T21:25:32","date_gmt":"2019-06-30T20:25:32","guid":{"rendered":"http:\/\/www.trendsandtargets.com\/?p=1046"},"modified":"2019-07-01T08:08:18","modified_gmt":"2019-07-01T07:08:18","slug":"bitcoin-etc-for-1-07-2019","status":"publish","type":"post","link":"http:\/\/www.trendsandtargets.com\/index.php\/2019\/06\/30\/bitcoin-etc-for-1-07-2019\/","title":{"rendered":"Bitcoin etc for 1\/07\/2019"},"content":{"rendered":"\n

Barclays, Lloyds, Kingfisher and the Movie: Yesterday thoughts. <\/strong>We’re opting to start the week with an update on items reviewed last week and anything else which takes our fancy. Being “dragged” to watch “Yesterday” proved a pleasant surprise, a good film and tempted to go AGAIN! As for the important things, Bitcoin comes first.<\/p>\n\n\n\n

\"\"\/<\/figure>\n\n\n\n

To deal with Bitcoin, what happened proved quite \nfascinating from our nerdy perspective. At 5:30pm on Wed 26th, it achieved our \n13,286 dollars. Better still, the phony currency exceeded target on the first \nsurge, hitting 13,292 before sharply falling back to target level. This \n(thankfully) confirmed we’d been monitoring the correct trend but such was the \npace of Bitcoin acceleration that next time it exceeded our target level, the \nprice powered on upward to 13,880. And then, it dropped like a stone, almost \nfeeling like the market “knew” it had gone to high and needed stuffed back under \nits rock.<\/p>\n\n\n\n

The immediate problem is fairly straightforward. At \npresent, it’s trading around the 11k level, needing below 10,200 to enter a \ncycle down to 9,300 and ideally a proper rebound. <\/p>\n\n\n\n

It now requires – according to our criteria anyway – to \ntrade above 12,925 as this calculates as entering a cycle to an initial 13,980 \ndollars. If bettered, secondary is at 14,550 and a new high since it broke an \nimportant downtrend. This sort of thing takes the price firmly into a region \nwhere a “long term – or later that day” target of 16,560 looks pretty certain to \nprovoke some hesitation in any further upward surge.<\/p>\n\n\n\n

\"\"\/<\/figure>\n\n\n\n

Kingfisher<\/strong> appear to be doing something worthwhile. Our report (link \nhere<\/a>) mentioned the importance of the price bettering 222p anytime soon as \nit takes the share into a region with an initial 235p and beyond. From the point \nat which it closed last week, it should prove worth watching in the days ahead.<\/p>\n\n\n\n

Barclays<\/strong> theoretically does not need discussed, the share price \ncontinuing to wobble around in a Zombie state. While our report (link \nhere<\/a>) demands in better 162p to be taken seriously, it will probably be \nworth watching for trades exceeding 152p in the week ahead, due to an initial \n157 looking possible with secondary 160p. While neither is sufficient to remove \nthe share from Big Picture trouble, it will illustrate rather neatly the reality \nof prices rarely going straight UP or DOWN.<\/p>\n\n\n\n

Lloyds<\/strong> assiduously avoided breaking below our 56p trigger level (Report \nlink here<\/a>) but to be honest, we’ve little confidence in the price. However, \nFriday’s session commenced with a peculiar price movement, one which apparently \ncalculates with near term movement above the days high of 57.43 being capable of \nsome growth to a pretty tame looking 59.12p. If exceeded, secondary is at 60.3p. \nAs explained with Barclays above, neither target proves sufficient to extract \nthe share price from danger.<\/p>\n\n\n\n

\"\"\/<\/figure>\n\n\n\n\n
\n\t

Time Issued<\/font><\/TD>

\n\t

Market<\/font><\/TD>

\n\t

Price At Issue<\/font><\/TD>

\n\t

Short Entry<\/font><\/TD>

\n\t

Fast Exit<\/font><\/TD>

\n\t

Slow Exit<\/font><\/TD>

\n\t

Stop<\/font><\/TD>

\n\t

Long Entry<\/font><\/TD>

\n\t

Fast Exit<\/font><\/TD>

\n\t

Slow Exit<\/font><\/TD>

\n\t

Stop<\/font><\/TD>

\n\t

Prior<\/font><\/TD> <\/TR>\nFUTURES<\/font><\/a>

\n\t

12:01:42PM<\/font><\/TD>

\n\t

BRENT<\/font><\/TD>

\n\t

64.43<\/font><\/TD>

\n\t

64.02<\/font><\/TD>

\n\t

63.88<\/font><\/TD>

\n\t

63.54<\/font><\/TD>

\n\t

65.55<\/font><\/TD>

\n\t

66.08<\/font><\/TD>

\n\t

66.64<\/font><\/TD>

\n\t

67.51<\/font><\/TD>

\n\t

65.14<\/font><\/TD>

\n\t

‘cess<\/font><\/TD> <\/TR>\n

\n\t

12:03:32PM<\/font><\/TD>

\n\t

GOLD<\/font><\/TD>

\n\t

1409.9<\/font><\/TD>

 <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD> \n\t

‘cess<\/font><\/TD> <\/TR>\n

\n\t

12:05:32PM<\/font><\/TD>

\n\t

FTSE<\/font><\/TD>

\n\t

7450.77<\/font><\/TD>

 <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD> \n\t

‘cess<\/font><\/TD> <\/TR>\n

\n\t

12:07:17PM<\/font><\/TD>

\n\t

FRANCE<\/font><\/TD>

\n\t

5531<\/font><\/TD>

 <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD> \n\t

‘cess<\/font><\/TD> <\/TR>\n

\n\t

12:09:27PM<\/font><\/TD>

\n\t

GERMANY<\/font><\/TD>

\n\t

12449.37<\/font><\/TD>

\n\t

12314<\/font><\/TD>

\n\t

12267<\/font><\/TD>

\n\t

12206<\/font><\/TD>

\n\t

12409<\/font><\/TD>

\n\t

12450<\/font><\/TD>

\n\t

12470.5<\/font><\/TD>

\n\t

12514<\/font><\/TD>

\n\t

12370<\/font><\/TD>

\n\t

Success<\/font><\/TD> <\/TR>\n

\n\t

12:11:10PM<\/font><\/TD>

\n\t

US500<\/font><\/TD>

\n\t

2950.17<\/font><\/TD>

 <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD> \n\t

Success<\/font><\/TD> <\/TR>\n

\n\t

12:12:40PM<\/font><\/TD>

\n\t

DOW<\/font><\/TD>

\n\t

26654.4<\/font><\/TD>

 <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD> \n\t

<\/TD> <\/TR>\n

\n\t

3:11:46PM<\/font><\/TD>

\n\t

NASDAQ<\/font><\/TD>

\n\t

7696.99<\/font><\/TD>

 <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD> \n\t

<\/TD> <\/TR>\n

\n\t

3:14:19PM<\/font><\/TD>

\n\t

JAPAN<\/font><\/TD>

\n\t

21375<\/font><\/TD>

 <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD> \n\t

‘cess<\/font><\/TD> <\/TR>\n\n<\/TABLE>\n\n

28\/06\/2019 FTSE Closed at 7425 points. Change of 0.31%. Total value traded through LSE was: \u00a3 6,545,369,204 a change of 24.51%<\/h><\/p>\n
27\/06\/2019 FTSE Closed at 7402 points. Change of -0.19%. Total value traded through LSE was: \u00a3 5,256,939,146 a change of -12.83%<\/h>\n","protected":false},"excerpt":{"rendered":"

Barclays, Lloyds, Kingfisher and the Movie: Yesterday thoughts. We’re opting to start the week with an update on items reviewed last week and anything else which takes our fancy. Being “dragged” to watch “Yesterday” proved a pleasant surprise, a good film and tempted to go AGAIN! As for the important things, Bitcoin comes first. To … <\/p>\n

Continue reading “Bitcoin etc for 1\/07\/2019”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1046","post","type-post","status-publish","format-standard","hentry","category-trendsandtargets"],"_links":{"self":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/1046","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/comments?post=1046"}],"version-history":[{"count":1,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/1046\/revisions"}],"predecessor-version":[{"id":1047,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/1046\/revisions\/1047"}],"wp:attachment":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/media?parent=1046"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/categories?post=1046"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/tags?post=1046"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}