AGIXUSDT: AI BOOM - LONG THE HYPE (SingularityNET Token)Dear Followers/Traders,
During this FUD/FOMO weekend, here is a high-probability trade with the support of Elliot wave impulse theory and mathematics. All, that you need to avoid emotions.
Waves 0-1-2-3 have been completed. The retracement after the high of wave 3 has taken the support above 0.5 fib level around 0.38$
the price has been tested the 0.618 golden pocket several times after bouncing from the 0.5 fib level.
if the market remains as usual without any black swan event, in my opinion, this trade is a ~90% return from here with very high probability.
and if the BTC movemnet aligns with it then we are looking at 2x or 3X gains from here.
Entry 0.43 - 0.4
SL - Below wave current wave 4 low.
TP - 0.77 0.83 0.97 ... ... ...
AI
Trade setup for FET The idea is: Buy when the price breaks above 0.461$ and take profits at the levels shown in the chart.
Targets:
1. 0.48$
2. 0.51$
3. 0.56$
4. 0.6$
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What's a Fair Value Gap (FVG) ?:
A fair value gap is the difference between a financial instrument's theoretical value and market value, such as a derivative or security. It can indicate a misprizing opportunity for traders to profit by buying or selling at the misprized level. In other words, there is a gap in the price in which some open orders still need to be filled. The price will return to fill the orders.
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What are triangles when it comes to trading?
Key points:
"1. In technical analysis, a triangle is a continuation pattern on a chart that forms a triangle-like shape.
2. Triangles are similar to wedges and pennants and can be either a continuation pattern if validated or a powerful reversal pattern in the event of failure.
3. three potential triangle variations can develop as price action carves out a holding pattern, namely ascending, descending, and symmetrical triangles."
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BTC dictates the market. If BTC falls, then Alts will drop as well. Trade safe!
💎Buy $VAI 📈Anyone else notice a pattern? Wonder what plays out next 🤷♂️
👀📈🚀
#LevelUp #cryptotrading #cryptoanalysis #cryptosignals #bitcoin #altcoins #blockchain #cryptoinvesting #cryptonews #cryptomarket #cryptoinvestor #cryptotrader
Thoughts on the surge in chatbots and AI (ChatGPT hype)I am going to be making a list of the top of AI & chatbot stocks and sharing it as a public watchlist here on TradingView. Please share your top AI & Chatbot stocks in the comments below. MSFT? TWLO? Any others?
I don't know anything about C3 beyond the fact that they seem to be a rather pure play AI team hoping to advance AI at the enterprise level for any and all companies interested. But, I have no idea what their competitive edge is. I'm not sure I fully understand their financial situation.
The thing is, their symbol has sort of become the defacto $AI play so the recent surge demonstrates that. $AI is up 102% this year alone because of this.
I personally am not trading this stock or even looking to invest it in. I am publishing this idea, however, because the recent news from ChatGPT, the rise of chatbots, and push toward AI, is now really being picked by markets.
Thanks for reading and stay tuned for more.
I would not advise CHASING any of these names yet. Patience.
But is the tide beginning? What will this look like 1-2 years from now?
2023 Theme: AIAlmost every year in the stock market has a "theme" for what sector or idea becomes to latest craze. In late 2020 it was Electric Vehicles, in 2018 it was blockchain, in 2017 it was pot stocks. Something going on in the culture primes traders' minds for this "thing" to be the hot item to invest in. Much Kool-Aid is drank as the trend progresses and any stock that is somehow related or can make a case that it is related bubbles and its share price gets frothy. Unfortunately all end the same way... in a crash... but not before having a meteoric rise.
I am always on the lookout for the theme of any given year. This year I believe it to be Artificial Intelligence (AI). The world is already amiable to narratives about AI being the next great big thing. ChatGPT hit the world and stole Google's thunder (and market cap). The January 2023 rise in equities was felt across the market but none so prominent as in stocks related to AI.
The chart I am using for this idea had quite the rise in January but has since pulled back to a 50% Retracement Level. Normally I prefer to stay away from stocks with long term charts such as the Weekly timeframe below but a chart such as this indicates a great deal of upside if it should get going.
Other stocks that are considered to have AI potential that traders should be looking at now:
TSLA
NVDA
MSFT
FSLY
AMZN
PLTR
CRWD
SNOW
GRT (the graph) Is confirming breakout from descending channelWe can see here on the weekly chart that GRT (aka The Graph) has broken up from its descending channel and price action is currently very close to the descending channel’s breakout target. Much like many other crypto assets at the moment, we can also see that that descending channel has a large flag pole attached to it as well forming a bear flag. While the descending channel has validated its breakout, it is as of now still uncertain whether or not the bearflag will confirm a bullish breakout as well and pull an inverted Bart pattern. However, CoinMarketCap’s rankings of the “most valuable AI and big data crypto projects and tokens” currently has The Graph as the leading platform in market capitalization. According to Pablo Jodar, a crypto analyst at GenTwo, “I think it is linked to the rally on AI stocks, due to the ChatGPT effect.” Consider all the hype behind AI focused cryptos at the moment this greatly increases the probability that GRT will also confirm the bullish breakout up from the bearflag and reach the higher bearflag target as well. I have posted both targets here on the chart and will update this post once each target is hit. GRT is an indexing protocol that is setting itself up to be the decentralized google for searching blockchains.
CHAT GPT AI PREDICTS 1 MILLION BTC 2030Today, I had an intriguing experience chatting with an unrestricted AI software. As you may know, there are restrictions placed on this software, one of which being no price prediction. However, the internet found a way around these restrictions, resulting in the creation of a chart forecasting the future price of Bitcoin, created solely by artificial intelligence.
I will present the predictions in chronological order, highlighting the most crucial pieces of information:
2023 -
2024 - &
Here, I attempted to determine when the double bottom crash of Bitcoin would occur. Every cycle, Bitcoin crashes twice before reaching its all-time high. What's intriguing is that, according to the AI, Bitcoin will reach $120,000 by the last week of November 2023, without a retest of the lows.
2025 - &
2030 -
This is the roadmap of Bitcoin's future as predicted by artificial intelligence. Upon reviewing the complete picture, I realized that I had seen this pattern before. After some thought, I remembered the first Bitcoin cycle, which took 735 days from the bottom to the top and had a 76% pullback mid-cycle.
When we overlay the bar pattern from that period, we get this pattern -
It's an intriguing pattern, suggesting that the the first bitcoin cycle will repeat itself!
If we take a closer look, we can see that if the top occurs in December 2024, it will take roughly the same amount of time as the first cycle. Additionally, a mid-cycle correction from $120,000 in 2023 to $35,000 in June 2024 would be 72%, which aligns with the 76% mid-cycle correction of the first cycle.
Please keep in mind that this prediction is for entertainment purposes only and serves as a historical archive of the AI's prediction.
SNX has been around for a while and is not going away. Synthetic Network Token already made a 100%+ move already!
Don't ace this one out, measured move on the daily could see another 48%?!?
Who knows, DEFI is gonna be a good sector, IMO.
I know, AI will be a good one too.
Good Luck Out There!
AGi: 692 Satoshi | $0.054 Articicial Intelprobably one of the outliers in the crypto space with a sensational upside reverting back to ALL TIME HIGHS and beyond
Microsoft. Will “chaptGPT” “trigger” its price higher? 13/Feb/23Microsoft probably resuming its “crash” @ 308 or 285 +/-.. As wave (B)( Cyan) is an expanding flat ABC (yellow). Or running flat pattern.
$NMR one of the few AI that didn't MULTI X$NMR is one of the few known #crypto #AI that hasn't moved much
Barely fits the Fully Diluted Criteria lil over 50%
Not looking to hold long term
Hopefully we can get a fast move & get out
2-3x would be nice
#DEFI #Assets
CAI/WETHanother ai token, they seem to be flavor of the month right now, this ones sitting at about 10 mill market cap with some decent volume, I think it could pop a 3 wave up there somewhere pretty soon
never again 20k ? #bticoin Possible not to see again 20k .
Next castle for conquer is 69k .
20k is retested and we had support .
27k is the next fight for bulls.
WHEN #supercycle and what is it ?
#bitcoin #altcoins #binance #defi #nft #meta #web3 #ArtificialIntelligence #cryptomarket
Repeat please ?
We always say that history always repeats itself.
That may be the case here.
A nice throwback we have there.
New AI on The BlockIt's starting to look like some bullish signs are coming into Artificial Liquid Intelligence. We are in a falling wedge after a massive pump and have retraced well over 50% to hit the 786. CCI ribbon is oversold with divergence and smii is under 0 and has the potential to make a crossover at any time. Targets are in the bull flag approach including a more conservative level. Set your own stops.
I also highly recommend checking this project out. It allows you to mint interactive 3d nft characters built on a language ai similar to chatgpt. Truly cool stuff. Check out my referral link to get started.
mycharacter.ai
Happy trading.
Everything is Aight !What better than an AI Meme Coin to poke fun at the ridiculous AI hype?
A pun genius created it for us, it's called Aight.
And if it is almost illusory to want to do technical analysis on an early token - for the moment - with low volatility on Uniswap, I note a tightening of its price within a bullish falling wedge.
"Au diable le trading", I'm a fan of Aight's humor and wish it and his growing community of hodlers all the success they deserve for this brilliant humorous idea!
FOREX - CIT WindowsA look at possible CIT Windows today in the Forex markets.
After decent breaks in these markets overnight we could be in for more of a correction.
OANDA:EURUSD FX:GBPUSD FX:AUDUSD TVC:DXY FX:USDJPY FX:USDCAD
Have a great day.
$GOOGL OverreactionThis situation is quite silly. The media is blowing it out of proportion and believes OpenAi is the second coming of Jesus. Google has 91% market share of Search, and Bing has about 2% share. Microsoft, part owner of OpenAi, plans to grow their search efforts and compete with Google search. The threat is that Bing may take a couple percent. In reality, people won't be switching their browsers where they have their passwords, addresses, bookmarks, email account, extensions, payments, and more saved over an implementation of ChatGPT, which they can just use separately from search.
Remember, people hate change, especially when it ruins convenience. ChatGPT is cool, and I've been playing with it since December, it has plenty of it's own problems. No one has invested more in Ai then Google.
As far as the trade goes. Any buys at this level are a good entry. $85-$90 even better.
GOOG: Bottom Completion FailureGOOG shows a failure to complete a bottom. The stock moved up and above the resistance level that needs to sustain to complete its bottom, but it failed to sustain the gains.
This stock was part of the last New Tech Virtual Course I did, since it is developing several new technologies for its own use and to sell to other companies. AI is the big competition area right now, so GOOG may see added volatility this year as the market reacts to AI feature releases, as it did today.
But the support range at the lows of this bottom formation is strong due to a Dark Pool Buy Zone that has been consistent.
🔥SECRET METHOD TO IDENTIFY LONG TERM TREND:VOLUME PROFILE+POC🚀🔥Hi, friends! Trend is the most important thing in trading, so you have to know how to identify it and be a successful trader.
In this idea, I will explain to you the most easiest and useful method for trend identification. I know that you haven't heard about that.
📊 THE INSTRUMENTS WE USE TO IDENTIFY THE TREND:
🔥 Fixed Range Volume Profile (FRVP)
🔥 Point of control or POC
🔥 Bitcoin monthly candles/bars. They help to identify the long-term trend without local noise
✅ IF YOU WANT TO UNDERSTAND IF THE BULL MARKET BEGINS AND CONTINUES, YOU NEED:
1. Use the Volume Profile. Just pick it at the left side of the TradingView chart at "Prediction and Measurement Tools".
2. Stretch the volume profile on a monthly candle/bar.
3. After this you will see the Point of Control (POC, red line) which shows you where the most liquidity is concentrated.
4. If the price continues to close above the POC each month, this means that we have a healthy bull market.
5*. If you see that the monthly candle is close below the POC, you need to be more careful with your trends. This can indicate about a trend change, but it happens at least 1 time in the middle of the bull market.
Check the precious bull market. Thats work perfectly!
🚩 You can check if it rule works for the BEAR market and write it in the comments.
📊 WHY IT'S IMPORTANT TO UNDERSTAND THE LONG TERM TREND
I know that you guys know the most famous trading quote: "Trend is your friend." . Naive but very useful recommendation.
The understanding of the long term trend helps you to reduce 50-70% of your losing trades and increase your winrate at least to 60-80%:
🔥 you can use only trend following strategy and make much more money (open only long trades on bull market or open only a short trades on bear market)
🔥 reduce the risk when opening a trade against the trend and cut the losses.
🚩 Additionally, if you buy crypto (BTC, ETH or other alts) on spot, you can use this method to buy and hold crypto till BTC not change the trend. This method helps you to make a huge profit.
So friends, this 5 min educational idea helps you to grow your deposit much faster and don't get big losses during the trading.
Traders, was it useful for you? I know I have is a lot of experienced traders. Write your most useful trading tips in the comments to help the newbies.
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
Trading Idea - #VersusSystems #AI Trading Idea - #VersusSystems - LONG
Entry: 0.90 USD
Target: 2.60 USD (profit +280%)
Versus Systems (NASDAQ:VS) entered definitive agreements with institutional investors for the purchase and sale of 2.5M shares at a purchase price of $0.90 per share in a registered direct offering priced at the market under Nasdaq rules.
Versus Systems is shooting up on news of a partnership with Resolve Debt. The company is known for innovating interactive audience engagement through gamification technology. Now it plans to take its mission a step further by entering the artificial intelligence (AI) race.
