BAKE VERY BULLISH $2 INCOMING? BAKE has a Bullish Crab pattern forming up on higher timeframe, TF used in this chart is 8hours, we have the last resistance to break and $BAKE will fly.
Some more confluences:
(1). Bullish Crab Harmonics Pattern.
(2). RSI is super bullish.
(3). We have a double bottom with major support.
(4). Very strong Support sitting at $1.459
Entry: Entry is here at $1.792
TP1: $2
TP2: $2.128
TP3: $2.352
TP4: $2.569
TP5: HOLD THE FREE RUNNERS FOR MOON FLIGHT!
Investment
SPCE. Long-term long play ▶ Targets & stop-loss are set out on chart.
Majority of profit to be taken at red line.
Red zones are probable area of resistance/consolidation.
Stop-loss will be moved to highlighted area in the coming weeks pending on markets/indexes confirmation.
These thoughts are my own ideas based off my own analysis. Please do your own research before putting your own money into the markets.
$123000 #BITCOIN Before 2022 | #BTCUSDHello, padawans,
If you are reading my reviews, you know I'm always bullish on BTC.
First of all, do not take this as a piece of financial advice!!!
This is the chart that I'm dreaming about.
I think a description is not needed for this one because this picture will say more than 123000 words.
There are so many analyses about BTC and some Alts in my feed as well.
Let's see what's gonna happen.
cheers!
may the force be with you!
$BABYDOGEUSDT Sky High!Baby Doge Coin price today is $0.000000000943 with a 24-hour trading volume of $8,067,922. BABYDOGE price is down -11.5% in the last 24 hours. It has a circulating supply of 0 BABYDOGE coins and a total supply of 420 Quadrillion. If you are looking to buy or sell Baby Doge Coin, PancakeSwap (v2) is currently the most active exchange.
Earn Coins & Rescue Dogs.
Baby Doge has learned a few tricks and lessons from his meme father, Doge Coin. A Birthed by fans of the Doge community. Baby Doge seeks to impress his father by showing his new improved transaction speeds & adorableness. He is Hyper-deflationary with an integrated smart staking system built in so more baby doge are being added to your wallet. Simply Love, pet, and watch your baby doge grow.
Luckin Coffee: Back on Track?The tech-powered coffee chain may soon be ready for another public listing.
The Chinese coffee pioneer went on to achieve positive revenue growth despite the expected surge in its settlement fees and continued operating losses. More financial data from Luckin will be worth paying attention to in the near future.
Unexpected revenue improvement
On September 21, 2021, Luckin Coffee (LKNCY:US) filed its annual report of 2020 with the US Securities and Exchange Commission (SEC), which took much longer than many market participants anticipated. Although the fraud in 2019 astonished the China tech world and the company was expected to experience a wide range of store closures and steep revenue decline, its 2020 results surprisingly improved.
In the consolidated financial statement, the previous inflated revenue of CNY 5.10 billion in 2019 was adjusted to CNY 3.02 billion. The net revenue in 2020 reached CNY 4.03 billion, a 33.3% growth rate year-on-year. Operation expenses rose by 6.2%, which was largely contributed by the CNY 475 million of losses related to fabricated transactions and restructuring, reaching a total of CNY 6.62 billion. The company continued to be loss-making, with a net loss of CNY 5.59 billion. Yet, the figure includes CNY 2.40 billion of provisions for settlements (for SEC & equity litigants). The non-GAAP net loss, which ignores the above-mentioned expenses, was CNY 1.97 billion, an improvement from a CNY 2.79 level in 2019.
Business expanded despite upheavals
Another surprise came from Luckin's growing store number under the cloud of fraud, COVID-19 lockdowns, delisting and management team upheavals. As of July 31, 2021, the firm had 4,030 self-operated stores and 1,293 partnership stores. The former store type almost stayed unchanged (from 3,929 in 2019) in terms of numbers while the latter increased by 47.9% from 2019. The report also shows that the coffee chain closed many under-performing stores, most of which were self-operated. This might be a hint for the brand's determination on cost-saving and a switch to a franchise model. With the closing of stores, Luckin was no longer larger than Starbucks, but the coffee brand is still the second-largest since no other coffee chain can surpass it yet, in terms of the number of stores.
Amid intensifying competition, self-operating store expansion failed to improve per-store revenue
Though it was actively scaling up its business in previous years, evidence shows this strategy did not lead to improvement in per-store revenue for Luckin. In 2020, this problem was still haunting the coffee brand, as its intensive growth factor for self-operated stores (revenue per store per day) significantly underperformed, going negative (-10.1%). Nonetheless, the company's structural adjustment to focus on franchising might be promising, as the intensive growth factor (+106.5%) for partnership stores approached the extensive growth factor (+146.6%), implying that the brand's attempts in opening more partnership stores was advancing side by side with improvement in unit economics.
Chinese consumers, especially those from first- and second-tier cities, have developed a habit of drinking coffee, providing a fertile ground for the enlargement of the fresh-brewed coffee market. Interestingly, brought up by the trend the success of Luckin created, novel domestic coffee brands such as Manner have started to emerge, and foreign coffee houses such as Tim Hortons that covet China's coffee 'blue sea' have entered as well. Soon, Luckin should expect an even more competitive industry landscape.
In addition, the company was relying heavily on its coupons to acquire customers and expand its business. In the short term, this strategy is cash-burning and requires a vast capital backup, and in the long term it may be unsustainable if their products are not favored by the target consumers, especially now that company is delisted, short of fingertip capital support.
Last notes
Yet, Luckin's omnipresence in China is still unchallenged by other native and international brands except for Starbucks. Business-wise, it seems the firm is also reacting to the sustainability problem by cutting down its coupon expenses. In 2020, its sales and marketing expenses took up only 13% of the total expenses compared to 20% in 2019 and 31% in 2018. With opportunities yet to be explored in this coffee blue sea, it would be interesting to track the future release from this troubled Chinese coffee leader that survived all the internal and external adversities.
For the full article with the charts, please visit the original link. [/ b]
Ultimate Short Term Investment Methodology Hello, everyone!
As I can see, you like my series of articles about different coin’s trading plans. Today I’m glad to introduce the short methodology about how to choose the coins for short term investment. On the term “short term investing” I mean the trade with the duration from 1 to 5 months with the potential profit 3 to 6X from current price. Let’s go.
First of all you need to know that for short term investing you do not need to believe in project idea, just a big hype should be anticipated.
1 PRODUCT
The product is not the key point of my methodology. The best product is the blockchain because it is fundamental project, which can develop quickly in the future. Hype projects such as DeFi and NFTs are also allowed for our purpose. You should just avoid the scams and memecoins.
Good examples: DOT, NEO, FLM, ATOM, ADA
Bad examples: DOGE, SHIB, SAFEMOON, PRIZM
2 TEAM
For our aim this is the least important point. You can just check if the famous and successful people are creators of this project. It is an additional mark for the coin.
3 SOCIAL MEDIA
Check if the Twitter account is active or not, activity is high before the pump. The famous investor and other persons as the subscribers also is a good sign. Good and bad example see on the pic below.
LPTUSDT TECHNICAL ANALYSIS LPT Has joined in short time on @TradingView and @Binance
LPT Lost approximately 90% since June till now. The candles are in triangles add moving average strategies are getting cross. Sure if the move-in cover and strategies change the direction, it may an opportunity for us to buy. If the candles break down/out down trend line And one of the candle Open close completely about the down trend line it’s may second opportunities for us to buy then We may earn approximately 66%. We need to be careful at the same times as well on our trade because all candles are in triangle at the moment. If candles break down/out uptrend line and the next candle open clause below the uptrend line, it may lose value more. Let’s follow our chat closely.
“NFA”
RENEWE LONG (RENEWE ENERGY GLOBAL PLC)s.e 10.38
s.l. 9.56
t.p. 12.43
The graph shows an important bull trend, the indicators divergence like MACD and SMAs show how we are not yet in the best position of entrance so we have to wait in order to clarify the message of indicators. however the sentiments is quite good on this company so a long position is good to do, that's why the stop loss is so closed.
no financial advice
$BRPHFGalaxy Digital Holdings Ltd., an asset management firm, operates in the digital asset, cryptocurrency, and blockchain technology industry. It operates in five business lines, which include trading, asset management, principal investments, investment banking, and mining. The company buys, sells, lends, and borrows cryptocurrencies and other digital assets, which include over-the-counter (OTC) liquidity provision, on-exchange market-making, OTC derivative trading, options, futures, borrowing and lending, proprietary quantitative, arbitrage, and macro trading strategies. It also manages third party capital across various traditional asset classes comprising macro hedge funds, long/short equity hedge funds, venture capital, and various structured credit and direct lending funds. In addition, the company offers advisory services, such as general corporate, strategic, mergers and acquisitions, divestitures, and restructuring advisory services, as well as equity, debt, and project finance capital markets services to public and private clients. Further, it manages various products and services related to bitcoin mining by sourcing clients, creating miner focused products, and identify new solutions; and provides trade and risk management solutions, and principal lending and equity investments, as well as advisory services for bitcoin miners. Additionally, the company manages a portfolio of private and public principal investments across digital asset, cryptocurrency, and blockchain technology sector, including early- and later-stage equity, secured lending, pre-initial coin offering contributions, and other structured alternative investments. Galaxy Digital Holdings Ltd. is headquartered in New York, New York.
Investment Giant Invesco Prepares Products with Bitcoin Support
Investment giant with more than $1.3 trillion in assets and one of the largest providers of exchange-traded funds in the United States, Invesco plans to launch its series of Bitcoin-backed products, The Wall Street Journal reports.
On September 22, Atlanta Asset Management intends to announce a partnership with Galaxy Digital Holdings, a start-up digital asset business, to create U.S.-listed ETFs that hold and track the performance of Bitcoin and other cryptocurrencies while trading like stocks. If and when the Securities and Exchange Commission (SEC) authorizes trading in virtual currencies, Asset Management and Galaxy Digital plan to capitalize on investor interest in digital assets in the form of cryptocurrency ETFs.
Bloomberg Intelligence commodity strategist Mike McGlone believes that the U.S. government could authorize the creation of a Bitcoin ETF by the end of October. In addition, he noted that Canada has built a competitive edge ahead of the U.S. by allowing Bitcoin ETFs in April. In this regard, McGloon noted that institutionalized crypto products in Canada are attracting money from the U.S., including from Ark Invest Cathie Wood. He is convinced that the American legislators will not settle for this for a long time.
Cosmos(ATOM) | Trading PlanHello, everyone!
REWIEV
This is the new blockchain which aims to eliminate the disadvantages of proof-of-work protocols.
The Cosmos’s other aims include making blockchain technology less complex and difficult for developers thanks to a modular framework that demystifies decentralized apps.
FUNDAMENTAL ANALYSIS
Product 9/10
In my opinion Cosmos is a fundamentally strong. It has a nice development and many updates.
Tokenomics 7/10
Cosmos has the circulating supply 80%, so there are no supply shocks anticipated, but it has no maximum supply and additional tokens is going to be issued as a network reward.
Partnerships 5/10
Cosmos has the famous partners: Binance Chain, OKChain from OKEx, Terra Protocol. Not so good, but I can mark this point with 5 of 10.
Exchanges 10/10
All main and many small exchanges listed ATOM token.
Market Information 3/10
I don’t like the fact that this token made just 35X from it’s all time low, moreover it has the high market capitalization. Taking in account that the product is really amazing, ATOM can make 2-3X from current prices, but risks are very high.
DISCLAMER: Information is provided only for educational purposes. Do your own study before taking any actions or decisions at the real market.
ETH BEARISH PATTERN!Ethereum is looking very bearish if this pattern plays out and it is printing a bear flag.
If ETH gets rejected at the upper resistance of the bull flag, we could see a retracement of $2500 with a wick to $2250.
Rekoctober could be in play, I think 29th 0f October from history could give us some good gains if there is no "Black Swan" event. This could last until early December or late December I do not have a crystal ball.
DYOR, safe trading.
DASH/USDT - Potential 139% SetupHello Traders!
The upward movement of DASH has received a deep correction.
At the moment the price returned to the active trading range of $138 - $176
Purchases can be considered between $138 - $160
It would be a good idea to place a stop loss at $94
The medium term buying targets will be
$240
$290
$332
Excellent risk/profit ratio (above 4)
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
BCH/USDT - Potential 107% Investment SetupHello Traders!
BCH price is in a wide trading range of $496 - $726
The market correction opens good opportunities for medium-term purchases.
Buying can be considered in the range of $424 - $496
Stop-loss under the price level of $366
Objectives of purchases on price levels:
$726
$878
$1027
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
BTC.D - Market Update 30.09Hello Traders!
On the Bitcoin Dominance chart, there was a second test of the 40.12 support level
In case the market starts recovering, after correcting to Bitcoin's $46000 - $48000 we may see a significant recovery in altcoin prices as well.
This situation will be reflected on the dominance chart by a second attempt to break the support level of 40.12
Bitcoin is currently trading in a wide $40900 - $50500 price range.
Continued trading in this range gives chances for an altcoin to rise and decline dominance into the 36.28 - 40.12 zone.
The 36.28 - 40.12 range acted as a reversal zone in the 2017 rally. Therefore, altcoin holders should be cautious.
Bitcoin's exit beyond the $50500 resistance level could be a trigger for a new rally because at that time, all the money will start to flow into the index.
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
clear long trend in btc /usdt as it clear all mt friend in this time it is not safe to be invester cause chart shows in 2022 aquest it may be showen 19k.20k for us we have full time up trend and strong short trrend for this momment so we have 2 way
1) if short chanel break from up we expect price go high which is far away
2)short tred will be gooes to bottem of all time long chaneel and will pump srongly
Can MNKD be heading for a run up to $8.40'sMNKD has been consolidating for want seems to be forever, but since April of 2020 it's been catching a little bit of a pump which peaked sometime in March of this year. Since then it has created a symmetrical triangle. On its own a symmetrical triangle does not mean much, but if we look at other indicators like the weekly 200 MA, together with the RSI and the price action, we can try to put something together. What is showing us it that the price has been able to close above the 200 weekly MA for over 15 weeks in a roll. At the same time the 50 EMA on the weekly chart seems to be getting close to going over the 200 EMA and forming a GOLDEN CROSS. This still has not been confirmed, but as long as MNKD price can stay over $3.86, there is a good chance a run up to $8.90's is very possible.
ADA/USD: Monthly timeframe analysisI show you my 5 targets that Cardano could to reach in the future.
Targets:
1. $10 USD
2. $23 USD
3. $50 USD
4. $100 USD
5. $300 USD
I'm still so bullish on Cardano.
This it's my just idea in weekly timeframe where I have a period time specific in long term. You can to view my screenshot just click on