Bullish on OCEANTicker: OCEAN
Fundamentals
Ocean Protocol uses something called PoD (proof of data) and is in the business of Big Data, which is expected to reach $229.4 Billion by 2025. PoD is a little bit like PoS where you can stake your coins to earn rewards.
Ocean gives big data tools for Web3, which is a massive game changer. Think if Cambridge Analytica was an ethical business! Ocean Protocol, although it's tech focused. It has an excellent BUSINESS model. There are plenty of projects that have good tech but know nothing about business, this is where they fail. Not Ocean though... If you don't know what web 3 is, think of how revolutionary the internet was. Web3 will have a similar impact to this!
These are some of the few fundamentals on why I'm so bullish long term for Ocean.
Technical:
Time-frame: Swing Trade
Area of Interest: $0.4 - $0.5
Invalidation Area: $0.35 currently, changes over time following bullish curve.
Area to take profits: $0.7 - $0.8. Looking for $1.5 by Q4
Longtermtrading
Bitcoin 500K USD till eoy 2022 ? Hello everyone,
100K is on table and this is just update for the long term perspective to get some more attention for the long term calls and explain that long term investing is profitable and less tressfull then daily or more overally active trading + you save your time for important things instead of sticking your face to monitors.
What do you think ? Can Bitcoin reach 500K within 2 years ?
*Interesting fact
approx. 3M of Total 21M Bitcoin is allready lost forever.
BTC = Scarce = store of value = supply drain & demand increase
ChaChain
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Disclaimer:
I´m not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and therefore I´m unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
KEYWORDS
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Ascending triangle break out long term plan BTCIt seems current price action is forming ascending triangle with higher lows in all time frames up to 1d. The above is example in 4h, let's say if we break previous all time high that will be also break out for this pattern. One can open long position at previous all time high after pattern retest. And wait till fibbo level 1.618 from swing high-low from ATH.
Basically breaking above ATH will result confluence of fibbo retracement level(1.618), pattern breakout and price movement towards another strong psychological level of 50k.
Entry Price: 41969$
Stop Loss: 41088$
Take Profit: 48973$
Note: we still have danger of RSI weekly in highly overbought area and indeed ticking time bomb which may explode anytime, always keep eye on the 30k price level
BTCUSD preparing the launchpad for 50k#BTCUSD (4H):
Priced soared again to take 40k, but found a strong resistance, If this high holds, I'm expecting the price to retest 34 once again to confirm the consolidation formation before the next impulsive move.
Should we see a break above 40k soon and 50k will be just a matter of days/weeks.
Multiyear resistance breakout in aurobindo pharmaDear traders ,
Need to inform you all that I found that aurobindo pharma has just broke 4 yr resistance. Good investment for 2 to 3 yr horizon..invest but study before. Read the new case against Aurobindo if it's nommajor concern then one can m
EurAud Third PushWe can see EA has had two pushes with return to accumulation. Last week we a stop hunt out of the accumulation that formed a big multisession "M". We now see a second stop hunt form another M on the lower time frame moves. We should see another push down to the Green take profit zone this week with a W and buys coming Q1 of next year!
CRYPTO Cardano ADA - Weekly Yearly IdeaAs seen from the trading idea, the price is uptrend trend & expected pull back will happen once it reach the rejection blue zone before continuing long.
If the trend keep going uptrend then it's easily reach to the 0.39533.
Disclaimer: If you choose to follow this trading idea you do so at your own risk after giving thorough and reasonable thought and consideration to your actions. All trading is high risk and one of the most difficult activities you will ever consider. Don’t trade with money you can’t afford to lose.
AG: BE PREPARED FOR A LONG LONG LONG SET UPHere is First Majestic monthly chart with all levels to watch.
Given Silver strong performance and seasonability we should be looking for a break of the long term trend line.
I expect much higher price in the next few weeks.
Trade safe!
GBPUSD Breakout IdeaGBPUSD will have a huge breakout if seller couldn't defend 2019 High and latest 2020 High. It's kinda similar post that I posted on USDCAD(there is link below for reference).
The White Zone represent as Resistance zone (about 186 pips) as price still can make noises as market still trying to collect SL before showing it breakout(if only price goes to this trade idea). And if it breaks out, only look for buy trade in long term period and sell for short period of time as price raise since 16 Mar 2020 (lowest price level of whole time in history). Hope this post will helps on future trading plans! ^^
Have a good day and trade safe, and stay safe!
INTEL now is a big opportunity!NASDAQ:INTC
* Declines stopped at a long-term weekly support line
* After a 37% drop, a huge company - so in my eyes this is a great opportunity to buy the dip.
* Breaking a small triangle descending
* A stock breaks up SMA20
EURUSD short Watch EURUSD going lower because eur is getting weaker and dollar is gainning strengh beacause the elections result! But as we all know Trump is not taking that easy, lawers now will decide how legal was the results ! So manage your possitions carefully!!
GBPAUD WEDGE FORMATION AND BREAK BELOW. Seen from the weekly TF, this pair has been an a very long-term downtrend! I am talking about years of overall decrease in the peaks of price. We see a formed wedge from rising lows and falling highs. Depending on the condition of the market and direction of the break, this can be a reversal or continuation pattern. Drawing reason from the direction of the break, this wedge pattern and break situation suggests a continuation of downtrend.
After break below of wedge support, Price went back for a retest and has met a confluence of key horizontal resistance, 200MA and support now turned resistance area of wedge. This multiple confluence suggests a strong area for sellers to step in and push price lower.
In my next post, I will scale in so we can follow what is happening in the here and now. Cheers!
BTC Down to $5900 , Weekly BearishLooking at a long term chart I see that we have support down at $5900- 6000, as pointed out by CryptoCheck, aka Marty Boots. Thus, from his chart I looked at a longer time frame and saw the same within my chart. I have added my recent and speculative channel. Of course a break to the upside would invalidate this. Also, as pointed out by CryptocCheck and many others, we have CME Gaps to the downside. Linked is the chart that inspired this one. This is not trading advice.
4 ETF PORTFOLIO FOR LONG-TERM GROWTH4 ETF's to buy and hold for Long-term growth:
$HACK - Cyber Security ETF
$QCLN - Clean Energy ETF
$QQQ - Large US Company ETF
$FDIS - Consumer Discretionary ETF
gold (GC) for long (DAILY) !!!!Hi traders and investors , just waiting for the great breaks of the support or the resistance
so if you have a suggestions or notes leave it in the comments
PLTR BOTTOM OUT? Buy & Hold LONGPalantir Stock Looks Attractive At $9, But There Are Two Key Concerns
Palantir’s Increasing Exposure To Government
While Palantir’s Revenues expanded by about 24% in 2019, growth is likely to pick-up to levels of over 40% in 2020 as Covid-19 related disruptions increased demand for the company’s services. Much of this growth will likely come from the Government space. Over H1 2020, Government Revenue expanded about 76% year-over-year, while its Commercial Revenue grew by just 26%. The higher government exposure – particularly in areas related to surveillance and national security – comes with transparency and perception issues – which could put off software investors. That said, Palantir still has a lot of scope to grow in the Commercial space, with its total addressable market standing at about $56 billion. Investors could re-think Palantir’s valuation if they see more proof points indicating progress in the commercial sector, via high profile deals or stronger Revenue growth.
Palantir Can’t Scale As Seamlessly As SaaS Stocks
Investors aren’t treating Palantir like a Software as a Service (SaaS) stock. SaaS companies incur upfront costs to develop and maintain their products, but they can scale-up seamlessly to a large number of users and have low customer acquisition costs. Palantir’s software, on the other hand, requires a lot of customization by Palantir engineers to adapt to the unique needs of customers. Its user base is also concentrated (125 users as of 2019, with 20 of them accounting for two-thirds of Revenue). This adds significantly to the company’s costs. For instance, Sales and Marketing Expenses stood at 61% of total Revenue in 2019, with General & Administrative costs standing at over 43% of Revenue. This significantly impacts the company’s bottom line, with Net Margins standing at -78% in 2019. In comparison, Datadog, a SaaS player that provides solutions to monitor cloud applications, had Net Margins of -5% during its most recent fiscal year. However, with Revenues likely to pick up this year, Palantir’s Net Margins should also rise. Over H1 2020, Net Margins stood at -34%.
(this info was outsourced)
DotcomJack | Going Long On PLTR
CADJPY is waiting for a loooong moveTHe price has reached the fibo 76.4/78.6 level, a strong support zone, and the red trendline.
Yellow shows the daily sri divergence
SL is bottom of the last bullish impulse
TP is at the yellow trendlinebreak zone
have a nice Trading!
How to Identify Ethereum’s TrendEthereum is the second-most capitalized coin in the crypto market, and it is prevalent among traders. One of the most frequently asked questions is, “how do I know when it is trading up?” Let’s review!
Ethereum Fundamentals
The Ethereum platform is used by developers to build different kinds of decentralized applications, including new digital assets, uncensored web apps, decentralized autonomous organizations, decentralized finance, etc.
Ethereum also serves as the platform for more than 260,000 different cryptocurrencies, including 47 of the top 100 cryptocurrencies by market capitalization.
Identifying the Trend
Identifying an asset's trend is often overlooked by novice traders who attempt to make as much profit as possible by scalping on the 5-minute chart. However, the trend is an essential component of trading.
Moving Averages on the 1-day chart usually do an excellent job of identifying the trend. In the chart above, we have used the crossover of the 10 Exponential Moving Average (EMA) and the 50 EMA. When the fast 10 EMA crosses above the 50 EMA, a buy signal is given, and when it crosses below it, a sell signal is given.
This strategy is far from perfect, as we can see by the two fake signals in the chart above. However, the other three signals identified a rise in ETH by 183%, 87%, and 165%. You don't need to trade on these signals; however, you can use them to gauge in which direction the market is heading. You can then set up your strategy to trade according to the underlying trend.
Looking Ahead: Currently, the strategy has indicated a sell signal, which means that Ethereum may enter a bearish market. It is possible that this signal is fake and that the price will recover shortly. However, you can also take advantage of this by preparing to take long positions with your strategy on the Ethereum leveraged short-tokens such as BTCDOWN or ETHBEAR.
EURNZDEURNZD has finished a correction wave - potentional target is at 100% fib level, which is strong area where I will wait for the reaction.. After breakout is potential target at 161.8% fib level.
VOC -long term breakoutOne to put on a watchlist for now is Vocus as it appears to be breaking out of a massive wedge pattern, for me there are two important levels to watch to confirm the strength and validity of a new potential long term trend - the 3.80 level, a breakout and retest of this level would be a long entry for me, taking half profit at 4.90 and let the rest run. If you want to be extra safe/certain it would be ideal to wait for a breakout and retest of 4.90 as this would be a crucial breakout area.
Just my opinion
EURCAD SWING OPPORTUNITYThis is a opportunity at catching the pips early as we are nearing the ending of a leading diagonal of wave 1, we would be seeing a retracement along the way to give us mini pips gain, but the ultmate is the swing view in mind.
Stay tuned and follow me for updates on mini timeframes. Happy Trading
