Since inception, this stock has been in a box range.
No clear direction of where the stock wants to go.
This is one of those you just leave it be.
It's unattractive, the liquidity is so low (so doubt you can enter and exit easily).
And it's one of those dead in the water stocks UnTIl...
It breaks above the Box or Below the box. But even if it breaks below...
An idea assuming that another bottom will follow the preceding two and form the larger W structure.
Price can be drawn in a down channel but I think price will recovery at the middle of this down channel and extend to (1)
IDEX may be preparing for a reversal now
IDEX is a decentralized exchange backed by Binance
Some of us remember last summer when IDEX pumped 1000 % in one day
This is just a random signal
Do your own research before investing/trading
See ya !
For any questions leave them below in the comments sections
Take Care !
Hi!
Right now, MEX is considered by many people in the Elrond space as "garbage", but I personally consider it an unpolished diamond.
At the time of posting, its market capitalization is nearly $ 23million. With the release of the card in Q3-Q4, there will be more and more transactions that will put the burn in function.
At the time of posting, there are...
Algorithmic stablecoins, as their name implies, are cryptocurrencies that use algorithms to maintain a stable value instead of being backed up by any sort of reserve asset as collateral. However, in reality, some algorithmic stablecoins have struggled to maintain a stable peg, while others have failed catastrophically.
This article examines the major types of...
OIL
Brent oil prices fell during early Monday trading, as expectations of lower economic growth impacted the outlook for global oil demand. With most central banks still battling to control inflation and set for further interest rate hikes, a growing number of traders and investors are assuming a scenario of lower-than-previously-expected oil demand. Unless there...
I bought my positions today
March 28, 2023
The reasons:
1. Low-risk pivot point
2. A quintessential VCP setup
3. The stock has very tight and crisp buy point
4. Volume dries up as indication of less supply coming to the market
5. The stock closes good after the breakout today
6. High relative strength
I bought it perfectly today, and the stock immediately...
This week, the Bank of Japan governor’s Kuroda’s decade long term comes to an end. As such we would like to take some time to review what this means for the Yen and in particular, the AUDJPY.
Firstly, central bank timings. In case you missed it, last Tuesday the Reserve Bank of Australia (RBA) snapped its consecutive 10 rate hikes, being the second major...
I am waiting for 0.40$ to enter a position with tight S/L.
If it's going below 0.40$, wait for the next bottom to form on 4h-Daily.
It's a new coin with uncharted territory and go very low in case btc decides to slowly dump from here.
Enter trade either when it breakes the violet line upwards or at your risk, the lower one, in hope of a bounce.
FLRUSD (Flare) is rising strongly today, supported by its 1D MA50 (blue trend-line). The pattern though since January has been a Bearish Megaphone, and in order for the price to turn bullish long-term, it needs to break above the Lower Highs. We are buying upon a 1D candle close above the Lower Highs and target...
MAGICUSD just formed a 4hour Golden Cross. Last time it formed the same pattern was on January 15th. It was the start of a +417% rally.
The 4hour RSI is also forming the exact same pattern as January's on the exact same levels.
The whole pattern since the beginning, so far fits into a long term Channel Up.
Expect a new +417% rise. Target 5.000
Follow us,...
USDC / USDT
one of top famous stable coins
unfortunately it de-pegged after circle (issuer of USDC) confirmed that $3.3B of the ~$40B USDC reserves are in collapsed Silicon Valley Bank
Today circle said : they will cover any missing liquidity in Silicon Valley Bank using corporate funds for $USDC
Few hours ago Bitmex launched a perpetual contract on it and...
