U.Today - Although Bitcoin's recent price performance has garnered a lot of attention, the explosive increase in open interest (OI) is the true story. Bitcoin's open interest...
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As everyone is enjoying the weekend, I want to give you guys on here a special treat! We cover Palantir for over a year now, and the stock has been trading downwards ever since. Because of the whole bear market last year, which hit technology stocks especially hard, bullish signals couldn’t be observed in this stock. However, since the new year Palantir could steadily build up momentum and managed to gain almost +23% since the significant low @5.92$. We estimate that the whole bearish count has finally come to an end, and it is very likely that 2023 is going to be a lot better for Palantir than 2022! From a technical perspective we can clearly say, that Palantir finished three bearish waves, which are marked in orange (iv), red 4 and in purple (4). The last wave down formed a very common chart structure, which is known as the “ending diagonal”. In such chart structures, a wave 3 is mostly very short and wave 1 seems to be very big in comparison to the other waves. The price action in Palantir really depends on how the Nasdaq will perform in the following weeks, currently the whole market seems to recover, and we are confident that Palantir will profit from this. Investors who are interested in this company and who don’t already hold stocks can use this opportunity to accumulate in our marked zone. (9.63$ - 5.13$) We currently cover a microcount which can be seen below, as many investors who are familiar with Elliot waves know – micro counting is very speculative. We are going to monitor Palantir very closely in the next weeks and if investors on here are interested in this company we could post updates about it more frequently. In our microcount we are currently in wave (v) in green. The wave (v) should push the price into the orange Fibonacci zone ranging from $7.24-$7.70, overshooting is possible. After this the price should go into a small wave 2 correction, we will calculate a new buy zone for wave 2. Please note that we are already invested in Palantir with 2 positions, which we announced last year. If Palantir manages to establish a minor bullish wave 1 – wave 2 we will decide to acquire another position… Long #1 (Announced 21.03.2022) AVERAGE EXECUTION PRICE: 12.53$ STOP-LOSS: NONE LONGTERM TARGET: +80$ Long #2 (Announced 09.05.2022) AVERAGE EXECUTION PRICE: 7.59$ STOP-LOSS: NONE LONGTERM TARGET: +80$
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Dubai, United Arab Emirates, January 7th, 2025, Chainwire Bybit, the world’s second-largest cryptocurrency exchange by trading volume, proudly announces the launch of its...
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San Francisco, California, January 7th, 2025, Chainwire On-chain interaction with selected Open ecosystem projects will now grant users $OPEN points. The list of the first batch...
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Santa Clara, California, January 7th, 2025, Chainwire CARV, the AI chain ecosystem to enable data sovereignty at scale, announces the official launch of the CARV SVM Chain...
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On the above 5 day chart price action has corrected over 95% since early 2021. A number of reasons now exist for a bullish outlook, they include: 1) Price action and RSI resistance breakouts. 2) Confirmation of support on past resistance as sellers capitulate with boredom. 3) Resistance not until $6 to $8 area. Is it possible price action continues to correct? Sure, sellers love losses. Is it probable? No. Ww Type: trade Risk: You decide. Timeframe for long: January 2025 Return: 500% Stop loss: Elsewhere
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Customers shop at the new store of Costco on May 28, 2024 in Nanjing, Jiangsu …
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** long term investment ** On the above 10 day chart price action has corrected 97% since February 2021. A number of reasons now exist to be bullish, they include: 1) Price action and RSI resistance breakouts. Almost 4 years of resistance. 2) Regular positive divergence. Multiple oscillators print positive divergence over a 90 day period. 3) No stock splits. 4) 15% short interest. Who does that after a 97% correction? 5) The falling wedge forecast as measured from top and lower touch points calls for a macro move to the $400 area. Is it possible price action corrects further after 97%? Sure, sellers love it. Is it probable? No Ww Type: Investment Risk: you decide Timeframe for long: Ask me after it pops up 100%, you always do. Return: 2000-4000% Stop loss: will say elsewhere
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Nurphoto | Nurphoto | Getty Images LOS ANGELES — Netflix posted third-quarter earnings Thursday that …
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U.Today - Chief commodity strategist at Bloomberg Intelligence Mike McGlone has published an X post about Bitcoin, Dogecoin and “2.4 million of so-called...
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Singapore, Singapore, January 6th, 2025, Chainwire HTX recently hosted a New Year's Eve livestream titled "Hello 2025." During the event, HTX’s spokesperson, @HTX_Molly,...
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MA has been an excellent stock to trade with my system, producing one of the highest returns per day held of any megacap stock at .23%/day held (58% annualized) spanning over 400 real and backtested trades. The average holding period is 7 days and the max lots held at any time in the last 17 years would have been 10. It tends to pay off well and pay off quickly. It is currently trading just off its 6 month high, set on 12/26 and in the middle of a solidly uptrending regression channel. None of those things guarantee success, but trading is about putting the odds in your favor, and this setup is about as good as it gets in that regard. Initial lot was purchased just before the close today at 511.38 Per my usual strategy, I'll add to my position at the close on any day it still rates as a “buy” and I will use FPC (first profitable close) to exit any lot on the day it closes at any profit. As always - this is intended as "edutainment" and my perspective on what I am or would be doing, not a recommendation for you to buy or sell. Act accordingly and invest at your own risk. DYOR and only make investments that make good financial sense for you in your current situation.
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LPA has been on my radar for months When I saw it squeeze earlier in the year I knew that it was potentially a precursor to a much bigger move later Well later has turned into now I love GME but when it comes to trading i'm polyamorous :) Oh and the green box is defining EXACTLY when this should run and how high it potentially might go And as you see I put my money where my mouth is Lets go!
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NASDAQ:BITF This stock have been relatively unimpressive since its big rally in March 2024. Bitfarms Ltd. NASDAQ:BITF presents a compelling bullish opportunity for investors as the company positions itself for significant growth. Despite underwhelming performance since its March 2024 rally, recent developments suggest potential for higher prices in the months ahead. With Bitcoin crossing the $100,000 mark, Bitfarms is well-positioned to capitalize on increased cryptocurrency adoption. Its synthetic HODL strategy, which saw a 286% rise in long-dated Bitcoin call options, reflects confidence in higher Bitcoin prices, further supporting its bullish outlook In conclusion, Bitfarms’ strategic upgrades, market positioning, and Bitcoin’s bullish environment support a favorable outlook. Investors seeking exposure to the cryptocurrency mining sector may find NASDAQ:BITF an attractive candidate for medium- to long-term growth. I will post further Exit/ TP objective as we see NASDAQ:BITF move out of its current consolidation.
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U.Today - Bitcoin, the first and largest cryptocurrency by market capitalization, is edging closer to $100,000 for the first time in 2025, following a remarkable six-day gain....
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