Get started

Spot

ADA/BTC 2D (Binance Spot) Parabolic curve on supportCardano is looking very promising for mid-term and bull trend should resume soon. Also, 100EMA seems to be holding the price, as long as we are above it we should keep up. You can operate it on Spot or Margin with low leverage (up to 5x). Current Price= 0.00001030 Buy Entry= 0.00001040 - 0.00000966 Take Profit= 0.00001248 | 0.00001443| 0.00001782 Stop Loss= 0.00000807 Risk/Reward= 1:1.25 | 1:2.24 | 1:3.97 Expected Profit= +24.43% | +43.87% | +77.67% Possible Loss= -19.54% Fib. Retracement= 0.5 | 0.786 | 1.272 Margin Leverage= 1x | 3x | 5x Estimated Gain-time= 2160h
Long
by TradingOn
2
$SPOT Trend ContinuationI am always hesitant to post on things I am in love with -AMZN MSFT NVDA AMD CRWD OKTA, etc; I have really nothing to offer but bullishness! Only when a setup on these is strong enough do I actually post (AMD for example, didn't post AMZN - seems like everyone on TV was already). Generally I am always in a rush to share something that I don't have a bias on as I will provide a more neutral view; likewise, I love to post short positions on stocks I love as it works as an effective hedge & goes against my bias which I see as healthy (AAPL TSLA posts for example). $SPOT is one of my rare long-but-I-dont-like-the-company posts. In other words, I don't like SPOT - I don't use it, and previously I HATED their business model. Previously, that is. The music business is not as profitable as they would like it to be, and so they diversify to podcasts. This I like. The difference here is that with podcasts they are licensing the IP with direct deals to podcasters. This is somewhat akin to $SPOT's strategy in music that really didn't work (IMO). Their strategy was to provide a ML music discovery platform so that individual artists can scale up on their platform (rather than the big labels so they can cut the middle man out). This didn't work however - for whatever reason they can't get away from licensing the big artists from the big labels that want big $$ for those rights. Compare this now to signing Joe Rogan & Michelle Obama to $NFLX style deals; yes, I am saying that $SPOT has changed their business model away from attempting some kind of grassroots move away from music labels to PUMPING capital into podcasts with a $NFLX "license-the-content-to-get-the-users" style. Take out debt for free, spend the cash on acquiring valuable IP, and milk that IP with customer acquisition and ad sales over the life of it. It works. Ok - so none of this is technical and thus really not actionable for me. Perhaps some fun info for those to disagree with me on - I love a good disagreement! The technicals, however, look fantastic here. You have a rounding bottom pullback, daily squeeze momentum turning up & entering a strong squeeze, and strong channel support. I am looking to go long $SPOT and would love to add more if I can get a dip below $260. I managed to enter this over the week and believe this pattern will complete over the month and bring $SPOT back above $300. Here's a view of the 30min - lines are clearer:
NYSE:SPOTLong
by UnknownUnicorn7308096
The first European tech stock with $50 billion market capCongrats to Spotify. Here's a fact I just read: they are the first European tech company to hit a market cap of $50 billion. Hopefully this inspires more apps and tech improvements like it out of Europe. How much higher can it go? I don't know. But he breakout is really fascinating from a tech perspective and global story. There is a lot of bad news out there, so if you focus and work to find the good news, it is right in front of you. I have never owned Spotify and happen to be an Apple Music person myself, but once again, that is quite the achievement. In addition, they are going into podcasts, video, and more. Get ready Youtube and Apple podcasts. Competition is picking up.
NYSE:SPOT
by scheplick
1
Spotify | Sell Or Buy | What to do guide & Targets | 4H |SPOT has reached oversold conditions at 76.65 RSI on new highs. It has massive gains in the last two days of 21%. I will call for a correction. If you bearish the follow Targets are 38.2% correction at $217.48. (5.57%) Second Target $210.09 with 50% retracement with or (-9.48%) correction Last Target $202.12 with a 61.8% retracement and (-12.48%) Correction IF you are bull and want to keep riding or looking forward to getting in The next target is $280 with a retracement forward of 261.8% Trade safe and do you own DD.
NYSE:SPOT
by Winallday310