If you haven`t read the APE Coin Growth Thesis: Then you should know that APEcoin's current market cap of $2.3 billion and its position within the top 100 cryptocurrencies seem overinflated and unjustified. The project's reliance on non-fungible tokens (NFTs) raises concerns about its intrinsic value and utility within the broader crypto ecosystem. Unlike other...
XMRUSDT is under strong sell pressure and continuously printing LL and LH. After recent sell off currently the market is making LH, will it print new LL?
If you haven`t sold XMR here: Then i will remind you that Monero (XMR) has gained popularity for its capacity to enhance user anonymity, making transactions challenging to trace through the utilization of stealth addresses. However, this aligns with a goal that regulators do not necessarily support in the cryptocurrency space. A leaked version of a US draft...
Analyzing the options chain of IBM International Business Machines Corporation prior to the earnings report this week, I would consider purchasing Puts with a 120usd strike price and an expiration date of 2024-1-19, for a premium of approximately $6.70. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. I am...
In April, Anheuser-Busch InBev ran a social media campaign for Bud Light beer that featured the transgender influencer Dylan Mulvaney . The company is currently facing the consequences of this promotion, and it is likely that their beer sales will significantly decline in the current quarter. Now analyzing the options chain of BUD Anheuser-Busch InBev prior to...
The Head and Shoulders chart pattern is one of the most bearish signs that you can see in chart. That was also the case with PTON: i don`t know how they eventually turn out to corelate with fundamentals and be right. Since it is still a growth stock, Stitch Fix needs to deliver strong momentum. Instead, Stitch Fix projected that net revenue will drop 10% to 7%...
Solana is meeting into a free fall; missed from 25 or 26 area? It’s okay get in this selll off. It’s playing around a bit then will drop afterwards; the bearish are stronger ; 3 black crows confirmed from strong sell mark, should expect to drop all the way passed 15$ should meet back to 14.75 area if not then it’s possible will reach back to 8$ area perhaps 4$...
Ladies and gentlemen, we have a clear as day Bearish reversal signal in front of our very eyes. Bitcoin has confirmed a double top pattern for the right shoulder of a massive head and shoulders. I'm looking forward to shorting the re-test pf a pivotal neckline. I'm projecting a decline of at least 3,000 pips over the course of the entire move. Price is looking to...
After the Price Target of the Bearish Head and Shoulders Chart Pattern was completed: now I expect the rest of the pattern to play out by the end of the month! My Price Target is $23280. Looking forward to read your opinion about it!
If you haven`t sold SQ Block here: Then I think you already know that the company is accused of fraud! Now analyzing the options chain of SQ Block prior to the earnings report this week, I would consider purchasing the 59usd strike price Puts with an expiration date of 2023-5-19, for a premium of approximately $2.71. If these options prove to be profitable...
The upcoming FED meeting on May 3rd could cause a further decline in the crypto market due to the potential rate hike and ongoing unease around banking system developments. The outlook for the crypto market after the upcoming FED meeting on May 3rd is bleak. Fears of a deep credit crunch caused by Silicon Valley Bank's collapse have not yet materialized, and the...
Major Indexes in the US moved lower led by the Nasdaq while Europe is expected to play catchup when they open for the coming session and open weaker. Sentiment turned sour after some key companies either missed the mark on earnings or guided down while economic data came in weaker than expected triggering recession concerns again. The action was 'risk off' which...
NKLA is trying to make an all time low. Fundamentally, the last earnings were okay. Some members of the board are retiring soon. Technically, the relative selling volume is much higher than the moving 50 day average. The zero lag MACD shows no bullish divergence suggesting that that there is no impending reversal. The indicators K/D lines have not...
I do believe this could be an opportunity for a long term sell. I will elaborate more later. I’d like to submit in the meantime.. This is not advice.
Ethereum’s Shanghai upgrade is scheduled to launch on April 12. The upgrade will make more than 18 million ether, worth approximately $34Billion, withdrawable, possibly causing a sudden crypto market supply dump. This is my scenario for Binance Coin: BNB/USDT short Entry Range: HKEX:315 - 325 Price Target 1: FWB:295 Price Target 2: HKEX:265 Price Target 3: ...
Ethereum’s Shanghai upgrade is scheduled to launch on April 12. The upgrade will make more than 18 million ether, worth approximately $34Billion, withdrawable, possibly causing a sudden market supply dump. ETH/USDT short Entry Range: TSE:1850 - 1900 Take Profit 1: HKEX:1710 Take Profit 2: TSE:1620 Take Profit 3: TSE:1480 Stop Loss: FSE:1999
I think british pound will drop a heavy drop :) maybe let's see
This is not good or bad but we are coming back to the down trendline. What does this mean? It has been beat up for the whole month of December, and this short term support will face its biggest test of the new year. Bullish case the oscillators have to reset, how could that happen? With the momentum it did time to locate the support angle assuming last week was...