BTC Bitcoin Double TOPIf you haven`t sold the top on BTC:
Upon observation of the chart, it appears to have developed a clear double top, a pattern widely regarded as one of the most bearish in chart analysis.
Buy-sell-indicator
ETH Ethereum regional Double BottomIf you haven't sold ETH at this year's top:
Then you need to know that it has entered our buy area.
I've set a buy order at $3020 and will average down if necessary.
MATIC Polygon Consolidation AreaFollowing MATIC's precise entry into the Buy Area:
At present, I anticipate trading within a range, awaiting price consolidation around $0.95 before witnessing another significant move.
NVDA Nvidia Double Top If you haven`t bought NVDA before the previous earnings:
Then it's important to note that technically, we're currently in a double top formation, which is one of the most bearish chart patterns. While I anticipate NVDA to rise by the year's end, it appears bearish for the next month.
ETH Ethereum Buy AreaIf you haven`t bought ETH before the rally:
nor sold the top:
It seems poised for consolidation within the $3000 - $3250 range, which aligns with my buy zone.
GOEV Canoo Options Ahead of EarningsAnalyzing the options chain and the chart patterns of GOEV Canoo prior to the earnings report this week,
I would consider purchasing the 4usd strike price Calls with
an expiration date of 2024-5-17,
for a premium of approximately $0.88.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
GOLD's New Bullish CycleWe are close to my previous price target for GOLD:
In recent weeks, Gold has captured the spotlight by surging to all-time highs, signaling a potential shift in the precious metal's market dynamics!
The breakout has garnered attention from investors, raising expectations for a new bullish cycle, with some setting a price target of $2500.
Historically, gold has been perceived as a safe-haven asset, particularly during times of economic uncertainty, geopolitical tensions, or inflation concerns.
The recent surge in gold prices suggests that investors are increasingly turning to the precious metal as a store of value and a portfolio diversifier.
The $2500 price target underscores the optimism surrounding gold's future prospects!
MSTR MicroStrategy Incorporated Fair Value | Potential Sell-OffAchieving a scenario where MSTR trades at parity with its Bitcoin reserves would necessitate a remarkable surge in BTC price to $157,000, marking a staggering 130% increase from current levels!
At today's BTC price, MSTR's ideal settlement range would hover around $775-$800, representing its fair value!
Adding a slight premium, my adjusted price target for MSTR would be $960!
The growing popularity of Bitcoin ETFs presents a challenge to MSTR's relevance, making it useless to hold MSTR at such a high premium to its BTC holdings!
It's worth noting that CEO Michael Saylor sold 1,508 shares of the company on March 14, 2024.
BRZE Braze Options Ahead of EarningsAnalyzing the options chain and the chart patterns of BRZE Braze prior to the earnings report this week,
I would consider purchasing the 50usd strike price in the money Calls with
an expiration date of 2024-4-19,
for a premium of approximately $5.70.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
MATIC Polygon Potential Retracement SoonIf you haven`t bought MATIC before the rally:
Then using the Fibonacci Retracement tool, I believe there will be a new buy opportunity in the $0.92- $0.98 range!
TMC the metals company Options Ahead of EarningsIf you haven`t bought TMC before the previous earnings:
Then analyzing the options chain and the chart patterns of TMC the metals company prior to the earnings report this week,
I would consider purchasing the 1.50usd strike price in the money Calls with
an expiration date of 2024-4-19,
for a premium of approximately $0.27.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Bitcoin (BTC) to $8890 on BitMEX Exchange! A whale sells 400 BTCIf you haven't sold BTC when I literally called the top:
Then you need to know that a substantial sell-off of more than 400 BTC took place on the BitMEX exchange, causing a temporary drop in the CRYPTOCAP:BTC price to $8,900 before stabilizing.
BitMEX has launched an investigation into this unusual activity.
It wouldn't be surprising to witness similar sell-offs on other exchanges.
According to Fibonacci retracement levels, my short-term price target is $59K.
PATH UiPath Options Ahead of EarningsIf you haven`t bought PATH before the previous earnings:
Then analyzing the options chain and the chart patterns of PATH UiPath prior to the earnings report this week,
I would consider purchasing the 23usd strike price Calls with
an expiration date of 2024-7-19,
for a premium of approximately $4.10.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
STNE StoneCo Options Ahead of EarningsIf you haven`t bought STNE before the previous earnings:
Then analyzing the options chain and the chart patterns of STNE StoneCo prior to the earnings report this week,
I would consider purchasing the 17usd strike price Calls with
an expiration date of 2024-3-22,
for a premium of approximately $1.20.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
ZM Zoom Video Communications Options Ahead of Earnings If you haven`t sold ZM before the previous earnings:
Then analyzing the options chain and the chart patterns of ZM Zoom Video Communications prior to the earnings report this week,
I would consider purchasing the 61usd strike price in the money Calls with
an expiration date of 2024-3-1,
for a premium of approximately $3.95.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
NVDA Nvidia Buy the Dip OpportunityNVDA and MSFT stood out as my top picks for 2023!
On the chart, you'll find some of my past buy recommendations, such as this one before the earnings:
In my view, the current retracement presents a favorable 'buy the dip' opportunity.
Utilizing the Fibonacci retracement tool, I've identified a buy zone between the 0.618 level and 0.5, ranging from $785 to $821.
My year-end price target is set at $1100!
Most likely, we'll see a stock split soon, a move that is statistically considered bullish!
PEPE Potential Correction SoonIf you haven't entered PEPE in the buy area:
Now, at an RSI exceeding 93, it seems we are currently in a massive bubble.
The previous corrections following an RSI surpassing 76 were significant, as you can see in the chart!
Taking into account the Fibonacci retracement tool, my anticipated price target is $0.00000243, corresponding to the 0.618 level
GTAI The Rise of the AI Cryptocurrencies !If you haven`t bought AGIX before the explosion:
Then I might have found another gem for you!
There is a recently launched cryptocurrency called GT Protocol, ticker GTAI, with a small market capitalization of $31 million and a circulating supply. It is a Web3 AI execution technology that provides access to CeFi, DeFi, and NFT crypto markets through an all-in-one conversational AI interface.
Although investing in a new coin related to AI could ride the wave of speculative investments, it is also risky to buy a newly launched cryptocurrency!
ADA Cardano Price TargetIf you haven`t bought ADA at the beginning of the altcoin season:
With the stock market reaching record highs, there is growing optimism that the positive momentum could spill over into the crypto market.
Historically, we've seen a correlation between bullish sentiments in traditional markets and increased interest and investment in cryptocurrencies.
As traditional investors seek diversification and alternative assets, the crypto market, with its potential for high returns, could benefit from this wave of enthusiasm.
This alignment with the prevailing positive trends in the stock market might act as a catalyst, fostering a bullish outlook for the crypto market in the coming days.
My Price Target for ADA Cardano is the next resistance, $0.62.
DOT Polkadot Price TargetIf you haven`t bough the Double Bottom on DOT:
With the stock market reaching record highs, there is growing optimism that the positive momentum could spill over into the crypto market.
Historically, we've seen a correlation between bullish sentiments in traditional markets and increased interest and investment in cryptocurrencies.
As traditional investors seek diversification and alternative assets, the crypto market, with its potential for high returns, could benefit from this wave of enthusiasm.
This alignment with the prevailing positive trends in the stock market might act as a catalyst, fostering a bullish outlook for the crypto market in the coming days.
My Price Target for DOT Polkadot is the next resistance, $7.90.
O Realty Income Corporation Options Ahead of EarningsAnalyzing the options chain and the chart patterns of O Realty Income Corporation prior to the earnings report this week,
I would consider purchasing the 50usd strike price Puts with
an expiration date of 2024-9-20,
for a premium of approximately $2.53.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
ASTRA Protocol | A small Crypto GEM ? ASTRA cryptocurrency offers cutting-edge compliance solutions, Safeguards the online experience, and it`s tailored for Web3, marketplaces, gaming & more.
ASTRA is currently operating in over 150 countries.
Former EU Commissioner for Trade, Phil Hogan, has taken on the role of Executive Advisor for ASTRA Protocol.
Mick Mulvaney, former White House Chief of Staff is also in the team.
ASTRA Mk cap is only $1.37Mil
Looking at the chart, I see a bullish reversal from the falling wedge.
My first price target is $0.0064
Seems like a crypto Gem!
Not trading advice, of course.
ANET Arista Networks Options Ahead of EarningsAnalyzing the options chain and the chart patterns of ANET Arista Networks prior to the earnings report this week,
I would consider purchasing the 280usd strike price Calls with
an expiration date of 2024-2-16,
for a premium of approximately $18.25.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
