NVIDIA Earnings May 21 - What Crypto AI Narratives Will Heat Up?
Back in Feb 22, 2024 NVIDIA AI chipmaker reported Q4 2023 earnings per share of $5.16 with a posted revenue of $22.1 billion higher than expected. Following crypto AI narratives rally up back in a day: WLD jumped 33%, AGIX gained 37%, FET rose upto 15% and RNDR rose upto 20%.
Now the biggest question is: "Will AI token will lead the crypto market as NVIDIA is going to report earnings of Q1, 2024?"
YES, there is HIGH probability of greater reporting earnings by NVIDIA for Q1, 2024. The fact that Taiwan Semiconductor (TSMC) AI chipmaker Q1 earnings came in higher ($7.3 billion) suggests Nvidia’s could reveal the same.
For potential trades, I selected the previous pumped instruments with entry, sl and tp as shown below:
RNDR
https://www.tradingview.com/x/q19hA7cK/
FET
https://www.tradingview.com/chart/FETUSDT.P/NNEvKoqF-NVIDIA-Earnings-May-21-Will-Crypto-AI-Fetch-FET-Heat-Up/
AGIX
WLD
https://www.tradingview.com/chart/WLDUSDT.P/x4G8UQ1v-NVIDIA-Earnings-May-21-Will-WLD-Heat-Up/
Now the biggest question is: "Will AI token will lead the crypto market as NVIDIA is going to report earnings of Q1, 2024?"
YES, there is HIGH probability of greater reporting earnings by NVIDIA for Q1, 2024. The fact that Taiwan Semiconductor (TSMC) AI chipmaker Q1 earnings came in higher ($7.3 billion) suggests Nvidia’s could reveal the same.
For potential trades, I selected the previous pumped instruments with entry, sl and tp as shown below:
RNDR
https://www.tradingview.com/x/q19hA7cK/
FET
https://www.tradingview.com/chart/FETUSDT.P/NNEvKoqF-NVIDIA-Earnings-May-21-Will-Crypto-AI-Fetch-FET-Heat-Up/
AGIX
WLD
https://www.tradingview.com/chart/WLDUSDT.P/x4G8UQ1v-NVIDIA-Earnings-May-21-Will-WLD-Heat-Up/
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