Coinbase ($COIN): Opportunity or failure?In mid-long term we are not so much bearish about NASDAQ:COIN and we think that the bulk of the descent has already been done. Although potentially a bearish structure (wave 5) could still be missing, by the end of 2023 we expect a rally around 110 area . At this moment we are obviously not talking about trading but about some interesting investment opportunities.
Of course we can't help thinking about what happened last week, but at the same time we think that sooner or later the Company will be able to meet all the clarification requests from the SEC.
Trade with care!
Like 🚀 if my analysis is useful.
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Usstockmarket
HIVE long term planning NASDAQ:HIVE :: #usstock #dyor #nfa
Note 📌 it's ETHERIUM mining ⛏️ company
Holding #crypto stocks is high risk and may cause lose 100% ur liquid 💰
Phase 1 :: BUY ACCUMULATION -> $2.2-2.6
Phase 2 :: BUY ACCUMULATION -> $0.5-0.7
i don't think 💬 it will reach 2nd phase 📍
If that happens sign 🛑 no new high 📌
Will return to ur 1st phase 📍 later I check ✅ i will update you target 🎯
But split 🪓 accumulation 40-60% liquid 💰
Sell :: $15-40-100-130 ( phase 1 )
#principaltrade :: $15-18
Phase 2 exit are $2-3 but i will update later
so try to catch 🫴 update 📌 everytime ⏰
Be in updated to post 😸 any questions ☺️ on this 📌 ask comment
Even more if u want just contact me personally 👍
BITSTAMP:ETHUSD NASDAQ:HIVE BITSTAMP:BTCUSD
Riot July 1st weekend candle recap 2023Pls #dyor 🙏 #nfa
This analysis is just recap to my old signals 2 post's if u have not checked pls ✅ check in tag of this article below
I provided successfully 45% profit so far 🔥
As per 1st analysis it was broken parallel channel and good 👍 close
As per 2nd analysis wave pattern the best it was leading and near to 1st target 📌
1st of all we need to know it's going with btc price % action
Some times with #btc good move some time it's moving btc price
The previous weekend candle July 3rd 2023 started good closed 🔐 too good 👍 in post market it almost reached $16
I think 🤔 there will be a good correction 😉
Before reaching above $17
I am expecting correction range $12-14.2
note 📌 if u are investor just bid at good prices come back after year 😂 bcs u can see green ⬆️💚 candle as u need 📌 if u predict that
If u long term person but getting ur heart ❤️ up and down 📌 👎 u ar not investor's turn as trader
It's tough job not 🚫 as PPL thinking millionaires
Our life will lead top 🔝 if our time and work was good 👍
If our work good my fate is bad it helps other
I experienced every bit of pressure 📍 now became professional trader 😉
Walmart (WMT) | The Long-awaited Breakout!Hi,
Waited for the end of June and we got the highest monthly candle close in Walmart history!
The area between $150 to $154 has been like a nightmare for WMT. As you see in the image it has tried many many times to make a breakthrough. Finally, it happened, barely but still, the price of Walmart has got the confirmed move, at least I like to think like that.
Literally, investors are ready to pay higher prices for WMT stock, we got that "letter" from investors, we take it as a sign and we are ready to make a buy from the current prices to $145.
This idea shows also how important is technical analysis! No matter what the WMT stock does from now but if you invested before that breakout (after the price reached the first time $150), then your money has been stuck for half a year to two years (depending on when you discovered it) in this asset! In the meantime, you see that almost the entire market is rallying.
So, if you have such a strong area, as Walmart has there around $150, then it is always wise to wait for a little letter from investors that they are ready to pay the first time, atm within three years, the highest price than before!
As the JPMorgan survey says: more profitable is to buy when the market has made an all-time high than on any random day. Again, it will confirm that the timing/technical analysis plays a key role in investment decisions!
* Considering technical analysis then the optimal buying zone should stay from current prices to $145.
* First target is $180 and currently the major one should stay around $200
Good luck,
Vaido
SPX500 needs a rest. obviously, the overall trend of SPX and all other indexes is bullish.
but, as all of them has stretched from their key moving averages, I expect a correction and I hope it will be in shape of a continuing base instead of a sharp pullback.
it can be a new chance to buy the proven leading stocks.
So, I see the market in neutral or even negative for very short-time and a strong bullish long-term trend.
Friday daily candle and its volume helps this scenario.
TESLA: Consolidation in short term?Hello everyone!
In the last few weeks we have been following $TESLA (see chart below) trying to take a long position around the bottom (weekly support). That said, the triggered rally was very interesting, the value has almost doubled in less than a month and if we look at the intraday chart (1h), we see the rally developed with a bullish impulsive structure. From a technical point of view, the structure could be completed, or almost completed (see resistance area just above) and some corrective structure in short term cannot be excluded. If the bullish impulse will not be stopped by resistance area around 200/208, a rally continuation at 230 area is possible, before a corrective structure. In a similar context, often the consolidation pushes the price around wave (IV), we will see.
On Daily Chart (Log Scale), short and long-term trend is still bullish, but in the medium term, a consolidation phase cannot be ruled out, which should not, however, destroy the current trend.
As we have already mentioned, we followed the rally as shown on chart below:
(Click and Play on Chart)
So, technically speaking, if any reversal patterns will appear on intraday chart, it should develop at least two bearish legs, so after the first bearish leg develops, use the technical rebound to try short position taking.
...trade with care! 👍
Cheers!
N.B.: Updates will follow below
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FERRARI ($RACE) at the resistance area!From a technical point of view, Ferrari ( NYSE:RACE ) Stock Trend is bullish, but at the same time it has reached an important resistance area around $300/320, and from here it could trigger a short-term corrective structure. The minor structure 12345 might be completed, but as we can see from the chart, it might be a wave 5 of 3 (major), so once the correction is completed, I don't rule out a new bullish leg.
Trade with care!
Like if my analysis is useful.
Cheers!
3M Company (MMM) | Technically ready!3M Company (MMM)
3M is a multinational conglomerate that has operated since 1902, when it was known as Minnesota Mining and Manufacturing. The company is well known for its research and development laboratory and it leverages its science and technology across multiple product categories.
As of 2020, 3M is organized into four business segments: safety and industrial, transportation and electronics, healthcare, and consumer. Nearly 50% of the company's revenue comes from outside the Americas, with the safety and industrial segment constituting a plurality of net sales. Many of the company's 60,000-plus products touch and concern a variety of consumers and end markets.
A quite good dividend stock has arrived at the destination, hopefully :)
MMM has come down from its all-time high of more than 60%. So, to buy this you need to make also a bit of work with fundamentals but technically, as said, it has arrived inside a possible buying zone.
The technical criteria are:
1. Old resistance back in 2004 to 2012, starts to act as a support level. Yes, you can and actually you have to look back as far as possible to determine the strongest areas on the chart. The world has changed but human psychologic is still the same!
2. Mentioned many times that you have to keep an eye on the round numbers. Here is also the round number $100 and it matches with other criteria.
3. Channel projection, white lines. Typically the price moves inside the channels and sometimes it helps to find a decent support level. Currently, the projection runs nicely through the optimal buying zone.
4. Equal waves (AB=CD) and the D point, which completes the pattern, staying inside the buying zone.
5. All-time Fibonacci Golden ratio 62%. Basically draw from an all-time low to an all-time high and the Golden ratio is also there to add a bit of strength to the possible reversal area.
Technically an optimal buying zone could be $80 - $102
First targets $135-$150
Good luck!
Nasdaq underperforms, will it rebound?NAS100 closed lower Monday as traders looked ahead to tech earnings reports from mega-cap technology and coming up U.S. economic data, including the first-quarter U.S. GDP preview, personal consumption expenditure index (PCE) for March, and April's consumer confidence are among the data scheduled for release this week.
However, the MACD is running at the bottom; it seems ready to rebound. Suppose the NAS100 breaks and holds above the 13,000 mark may trigger the soar NAS100.
The end is nearThe end is near, which is bad for passive "investors" (I prefer calling them parasites), but great news for traders!
I will make this as easy as possible to read by listing bulletpoints.
Here are reasons for the big collapse:
- US President Joe Biden’s new budget includes a new minimum tax on wealthy individuals’ unrealized capital gains, a quadrupled tax on stock buybacks and higher Medicare taxes on people making over $400,000. The only reason stocks have been going up since 2008 is because of buybacks.
- Inflation is very bad, worse than share crashing. It always is, but at the moment it is much more pronounced, as a stock market crash would make frail old people with big bellies very mad, but more inflation would make people 18 to 50 very mad. The government must know this, and for their own safety they might have to let the ponzi crash, or even pin the bubble themselves (as with the tax on share buybacks).
- Banks are having a crisis and central banks have to bail them out 1 by 1.
- If a gold short squeeze happen, it is possible that western banks will all implode. Gold would go up a lot (it's gold, not Bitcoin, it won't go up 75000%).
- We are seing the weakest companies struggles/fail: Businesses doing more politics than business, companies heavily invested in crypto, non-essentials...
- The regular folks, that have been sleeping like babies for the past 25 years - as governments took more and more debt to buy time - are waking up, now that they can directly see prices go up, and getting angry at the consequences of their own actions. They are growing more and more violent and blaming the government, for, as I said, the consequences of their own actions (and inactions). They were laughing at me and calling me a permabear 5 years ago. Will feel great filling my pockets as their lives get worse and worse.
- There are plenty of parallels with the soviet union whose GDP fell nearly 45% over 5 years. If you look for them you will find them. It can get political.
- Printing money and bailing out everyone is what they did in Greece, and how did that work out? Plus if the FED or US Government just buys everything (with regular people money) as rich folks bail out, they are de facto turning into a socialist state, with a broke middle class, a dead (at that point they'll freeze or starve to death) lower class, and rich people that probably would just end up fleeing. Of course it is hard to imagine it getting to that extreme point, which is why logically they will at some point stop bailing out everyone.
- Bankers tried to save the market in 1929 and it failed, their greed prevented them from being willing to take one for the team, and the market was too big.
- Millions of young men in the USA are dropping out of the system, as most of them can never dream of buying a house, as 60% of them are not dating (for those wonder who the young women are dating if it is not young men: migrants or older wealthier men).
- Social Networks are being used by the super rich to show the young men with a lot of free time how easy they have it: what could possibly go wrong? In every depression the poor get resentful of the rich and it turns violent. Now it will get so much worse. Expect Madonna to receive free amateur facial surgery.
- China manufacturing value added is equal to that of US + EU (5 trillion versus 2.5 each). Western domination is over.
- War with China might start and neither that neither war with Russia might end up in the west favor.
Here are reasons for the market to keep going up:
- Buybacks could continue
- Boomers hold most of the power and capital and they want to maintain the status quo until they die
- Boomers hold the currency printing machine and have no shame in printing as much as is needed regardless of how angry the other generations get
- Feel free to check other people's ideas for more, I can't see that many reasons for the market to go up. let me know if you have 1.
Here is what will matter:
- What people really need and want most are the basic requirements, eating and heating. Rest is secondary. Housing can go down, but in my opinion retail, as in food distribution, is one thing that can hardly go down. Maybe down 40% when everything else is down 90.
Since the start of the war I have not made money, I got impatiented and "yolo'd" and "went long term", all I did was lose money.
This market is not interesting. People doing the things that are not recommended, "low risk reward", and "countertrend" might be making money.
Easy money soon for us all, fingers crossed. Don't need to be a magical all knowing wizard with a crystal ball, just be patient for big events in the market. Soon, soon. And there will be plenty of money to be made for us all, if we could cooperate it would be even better, there are way more victims bagholding than there are of us predators waiting for the time to strike.
I'll take a guess (just for fun) and say the S&P 500 will drop nearly 80%, all the way down to 1000 points.
spx500 lost the 1st round We had a bad week in the US stock market.
- SPX lost all its SMA lines and closed below them.
- A big red candle happened and the volume confirmed it.
In my opinion, the good news is that the spx has already completed its phase 4 (bearish) and the lower area of 3500 has been found as the end of the bear market.
The bad news is, the market has lost the fight to start a new phase 2 (breakthrough).
As a result, the logical and slightly optimistic scenario is to stay in a range between the main horizontal areas of 3800 and 4100 for a while.
don't forget, "Market is Dynamic."
FOXA Long Resault: 20.65% Profit✅good opportunity to long position and get a good profit from the attractive American stock market
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SQQQ Simple Chart AnalysisSQQQ - Rst 40.17 Supp 33.2
Vice versa of TQQQ, current chart looks supported here. So if Nasdaq retrace, this will rise.
How to view the guidance via chart ( Refer back to pin message guidance if to trade )
Red Line = Support
Blue Line = Resistance
Light Blue = bullish/bearish pattern
Arrow = Double/Trip top/bottom
Red Chip = $$
Green Chip = XX