It felt like a pretty good time to sell some ETH into BATBAT/ETH is one of the duos where I feel I can earn just a little extra from, when the Altcoin Season Arbitrage hits. Reason being, is that it feels like we now have 3 separate tiers of coins to sell into, ETH / BTC was the original, which I will still take advantage of. Then we have coins like LINK/ETH and BAT/ETH all available on Coinbase Pro.
The Alts SHOULD bottom out very soon, which can be seen in many charts just like BAT/ETH.
I know the chart looks like crap, and you might be wondering why would anyone ever make this trade...
Well, this is a classic example of what needs to be done, to buy low. I've made the personal assessment for myself, that I don't think Alts will go too much lower from here. I have found a 4 year low that it matches, and a couple coins ae already down at these lows which they haven't seen since November 2017.
So the point is, Buy Low Sell High, right?
Most people would rather wait on a trade like this, for the validation that the trade is a good one, by the chart itself going up. So in essence, they are waiting for the price to be high, to buy in. This is a behavior we have to consciously talk ourselves out of, it's something we have been trained to do. I have seen it too many times in many others, and myself. It surprised me, that something as common-sense as buy low sell high, would go against every intuition we had when it came down to the trade.
So, lets focus on fundamentals, let's practice ridding ourselves of needless emotion, let's set our goals of what we hope to gain ahead of time (thus leading to less mistakes, and less ambivalence in the market), let's keep striving towards understanding these markets better!
-I live by these, and am always focused on better understanding the markets.
If you'd like an example, I created an App which is live (app.trillpanda.com) - that helps track where Bitcoin is at in its life cycle, and will hopefully help prevent people from missing the peak this time. (2017 was hard). My gut feeling: The peak won't be in 2021 or 2022. We got some time to kill. (plus, I found a correlation in one of the charts on my app, of the time between cycles increasing by 1.6x).
I also found a calculation of BTC price, which I was able to chart with Python, which put us on course for a peak around Jan, 2024. Both the calculation, and the increase in length support eachother, as they point towards the same timeframe.
I'm not positive, but it's been fun speculating, and I'm personally growing while attempting to help others better understand the cryptocurrency market.
Buylowsellhigh
GSX possible bounce back after being destroyed for so long 🚀NYSE:GSX has been on a massive selloff from the highs of 149$ all the way to the present 31$. So far it looks like it might've found support around 28-30$ it might consolidate here for a little before running up. Or it might dip even further that might push the stock even higher and faster, we could see it drop towards the support lines of 18-22$.
Price target for NYSE:GSX for the upcoming future would be anywhere around 80-100$ before we see any other possible pullbacks.
$GLBS BULLISH REVERSAL $4 to $20 to $95The chart pattern is a falling wedge, it’s a bullish reversal. The price has been bouncing between support and resistance and today we can confirm its a buying opportunity. I have continued to buy and bought more at the $4.00 range.
The rsi is oversold on all time frames, the emas were trashed, the volume is high, the OBV is down, the only indicator was the chart pattern connecting trendlines.
Currently the price is $4.00, my forecast on this stock in the next 24 months is a target of $24.00. And the highest possible target is $95.
Float percentage of total shares outstanding is the percentage of float shares relative to the total shares outstanding. As of today, Globus Maritime's float shares is 9.61 Mil. Globus Maritime's total shares outstanding is 9.62 Mil. Globus Maritime's float percentage of total shares outstanding is 99.85%.
Insider Ownership is the percentage of shares that are owned by company insiders relative to the total shares outstanding. As of today, Globus Maritime's Insider Ownership is 0.00%.
Institutional Ownership is the percentage of shares that are owned by institutions out of the total shares outstanding. As of today, Globus Maritime's Institutional Ownership is 0.53%.
Short Percentage of Float is the percentage of shares shorted compared to the float. As of today, Globus Maritime's Short Percentage of Float is 18.03%.
Globus Maritime is a dry bulk shipping company. It was impacted by the world shutting down due to Covid-19, bad business decisions such as reverse splits and net loss on sales. However the company was able to finance to expand business operations with a new fleet and they continue to expand. This isn’t a short squeeze opportunity, this is a slow growth opportunity.
When investing always do your own research, you are responsible for your trades. I’m not your financial advisor, im share an idea. And I personally invested in this stock because I believe in it long term. I’m holding, im buying more and its my risk.
$GLBS $5.11 to $95 or 1,900% Gains in 24 MonthsTheres are the next 4 price targets within the next 12 months. Company used financing to expand fleet to 8, the dry bulk industry is primed for a bounce back year after Covid-19.
The stock is at alltime lows, in a downtown trend. However it has strong support! The chart pattern is a falling wedge bullish reversal. A breakout is strong.
The company had a rough couple years, they made a few mistakes, and the world shutdown. However moving forward the company is in position for expansion, growth and investment.
This is a long term stock to own.
$TLGT Is on the list of WallStreetbets to Pump 6XCurrently $0.89 a share, decent float, near alltime lows and wedging towards a massive reversal! Yeah i love this stock because I’m gonna make money !!! Target $22.00
$VIVE Viveve Stock Buy Before 600% PUMP!Currently $3.25 & Target $22.00!! Bullish Falling Wedge Reversal towards 600% Gains!
EMERGENCY BUY $VIVE VIVEVE REVERSAL SIGNAL Target $22.00 in 12 Months!!! Available At Robinhood Bullish Falling Wedge Pattern
BUY $SKY COIN AT Binance ASAP REVERSAL!! This is a little known great project thats about to make serious noise in the cryptocurrency community! I’m researching info on a game changer, be Patient and laugh later after insane profits!
$XSPA Stock Bullish Target $1.64I expect a pull back to test the 200 Day EMA
This is a solid entry!!!