Based
Setting up for a Green Line Breakout Hey folks, I have been adding to my Brett bags the past couple of weeks, it has charted nicely, and I thought I should share my perspective, since it's been playing out. I am looking for a break above resistance at .1066 to confirm its direction to the next highest node on the VRVP, or potentially much higher.
My long price target is at least $1-$1.50, potentially even $2-$3 at its peak.
Thank you for your time,
OnePath
BASED PEPE-BRETT-TRUMP-WEIRDO-PEPE0x69-ETC - Today and BeyondBASED MEME COIN SUPERTHREAD
Im gonna Start trying to Follow some hardliners and some new one's
Speculate the Speculators and do some Trend Analysis as Well as Fundamentals
The Based MEME Coin space is literally a Wild West and you can get Wrecked playing fast and loose
BRETT has been a darling of the space with a whole host of Support coins and is popular on many DEX's providing price speculation leaving profit for scalpers
$basedAI to go much higher$basedAI has 4hr and 2hr time frame squeezes. I'm accumulating on dips to $7.50-$8.35 zone. This coin is getting consistent moneyflow and it is setting up to be an explosive move.
My first target is $12 and if this one reaches to half of TAO's market cap we can see $160 price target at the top of the bull market. Not a financial advise. Please DYOR.
LINKUSDT: looking for shorts8 USDT is resistance on the Daily and the Weekly.
There's a Trend-based Fib resistance around 7.85 USDT on the weekly.
The 7.85 - 8 USDT area is also a "bearish" order block/FTA (first trouble area) on the 8H.
"Bearish" order block/ FTA = last green candle before downtrend.
It's the area where price has a (relatively) strong reaction to the downside (bullish order block is vice versa).
This level also aligns with the 0.786 Fib resistance.
Let's see if price reaches these levels. Might not get higher than 7.7 USDT.
On the 8H there is a bearish order block. And 7.7 USDT is confluent with the 0.618 Fib resistance.
AVAXUSDT 1D TARGETS and STOPLOSSHello everyone, let's take a look at the 1D AVAX to USDT chart as you can see the price is moving above the local uptrend line.
Let's start by setting goals for the near future that we can consider:
T1 - $ 18.74
T2 - $ 21.01
T3 - $ 23.32
T4 - 25.35
and
T5 - $ 28.14
Now let's move on to the stop loss in case of further market declines:
SL1 - $ 16.53
SL2 - $ 14.14
SL3 - $ 12.22
SL4 - $ 10.16
and
SL5 - $ 7.43
Looking at the CHOP indicator, we can see that in the 1D range the energy has increased significantly, and the MACD indicator shows a downward trend.
Teller raises $6.9 millionThe Teller Protocol is similar to that of a limit order book, which enables borrowers to use data outside of a blockchain (off-chain data) with loan requests on a blockchain or on-chain. Based on the data provided or required, lenders and borrowers that have matching bids and asks transact directly. According to Teller's announcement, those requesting to borrow assets propose a loan request, and those supplying assets commit those assets to loan requests of their choosing.
"Unsecured lending is a thorny problem in the pseudonymous on-chain world and one of the largest opportunities for DeFi," said Bart Stephens, co-founder and managing partner of Blockchain Capital. "The Teller Protocol enables traditional and crypto native lenders to use the best credit scoring techniques possible while preserving privacy and tapping into decentralized liquidity pools."
According to Teller, DeFi protocols today account for more than $200 billion in total value locked, mainly from overcollateralized lending and trading applications. Teller is convinced that the undercollateralized market is becoming the next sector of DeFi.
Institutional lenders and capital providers using the Teller Protocol will have the opportunity to create their own automated data-driven criteria for committing assets to lend based on rules and filtered by borrower request information. Teller hopes this new layer of DeFi will broaden the appeal of DeFi in global capital markets.
Ethereum begins its mighty march to new highs. A flavourful quesIt's simple folks. Buy low, sell high, buy low. Simply transmogaphy the shapes into a realistic plain that allows for the interpretation of an unaligned wavelength.
New opportunities crash over us like the great wave of Kanagawa, easily drowning us and reminding us that although swimming is fun, air is required for life.
MDB MongoDB revenue increased 50% YoYMongoDB's fiscal third-quarter revenue increased 50% year over year.
Revenue growth rate increasing from 39% growth in the first quarter of fiscal 2022 to 44% in fiscal Q2 and now 50% in fiscal Q3.
MongoDB's 50% revenue growth put total revenue for fiscal Q3 at $227 million.
This was far beyond analysts' average forecast for revenue of $205 million during the period. (fool.com)
With this growth rate and cloud-based database needed for the upcoming metaverses, i think MDB MongoDB can reach all time high by the end of the year.
30% profit in case of formation of an upward trendYesterday, fortunately, with a suitable volume, the downtrend line was broken and we saw a pullback to it in the four-hour time frame.
Due to the formation of a new uptrend, I pulled a TREND-Based Fib at the beginning of the trend and as it can be seen in the picture, it worked well. Due to the formation of Doji on the support of 1 Fibo and the good support of the trend line, I expect the resumption of the uptrend and the most important resistance along the trend of $ 2, which is the resistance of Rand number and 1.618 Fibo Nachi, and in case of failure 2.3 I consider $ and $ 2.8 to be the most important resistances.
In the daily timeframe, we also had a continuous Wedge that broke, and I expect the price to increase as much as the norm, which is exactly $ 2.8.
What Analysts Got Wrong about the Recent Volatility.Since I'm not a professional analyst, I've sunk many hours of research in the past week to understand the recent move in the market on a deeper level. Here are my findings. I hope you find this informative.
I've been hearing different analysts' opinions about the recent move in the stock market. I heard the money is moving from tech stocks to banks, or from growth stocks to value stocks. I'm here to say that neither is true. NASDAQ:GOOG is a tech stock and it's been rising. NASDAQ:COST is a value stock and it's been falling. Observe different stocks and you'll find numerous examples. The recent move is rather about companies in debt vs companies with free cash flow . It turns out that when interest rates are raised, it can be predicted with certainty that more money is going to flow into servicing existing debt rather than into productivity. Watch this talk with Brent Johnson to understand this concept, minute 50 to 60. Banks, who recently had their debts quantitatively eased, have more room to buy corporate bonds from companies like GM and Ford. This debt is used to service older debt. The big money, which understands this debt-based economy well, knows precisely where value is going when interest rates rise. Big money used their tried-and-tested calculations and decided to move their investments from free-cash-flow companies, to debt-generating companies. That's what's been happening, and that's the reasoning behind it.
However, there is a point the smart money is missing and they keep missing it and never learn. There is much more value to reap from technology and innovation than there is in loan interests. This value of tech is not priced into their tried-and-tested calculations. It's probably too uncertain for them. But realize that when companies like Amazon, Apple, Google, Facebook, and Tesla create value through technology, they are carrying the rest of the useless debt-generating economy on their backs and creating prosperity for the entire nation and for the world. Real value is in productivity. The United States has moved slowly after WW2 from an industrial exporter to a liquidity and debt exporter of sorts, which also reflected on the US's internal economy. And that weakened the industrial sector over the decades and bubbled the financial sector to an overwhelming extent that it's sucking more and more money from productive businesses and pouring it into existing debts with the purpose of buying more time. The retail investor should learn and understand this in order to position themselves with high conviction on the side of technology and simply hold stocks like Tesla for a decade. You are already benefiting the economy by saving money aside and putting it in the right place and of course the reward is high.
Let me know your thoughts. I probably made mistakes and left some statements in need of more elaboration.