ASAN Asana Options Ahead of EarningsAfter the success of the past 2 earnings calls:
and
Now analyzing the options chain and the chart patterns of ASAN Asana prior to the earnings report this week,
I would consider purchasing the 25usd strike price Calls with
an expiration date of 2023-11-17,
for a premium of approximately $1.42.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
Buysignal
Bigger Picture for Solana Weekly Chart
Solana is on the support zone and have a long wick of the last candle. It can be a hammer candle when it's closed
Next target around $39 if it breakout
Daily Chart
The inverse head shoulders has been creating. It's a signal for Long Order.
Resistance at $22
So wait for a breakout neckline
BTCUSDT : THE PERFECT LUNGThey say "Buy the dips", right..
But which ones? How do you know if it's reached bottom? Etc, etc.
These are all legitimate questions and there aren't very many answers out there.
That's where I come in..
This is confirmation of what you may have been thinking.
So, yes, you can go ahead and enter that perfect long position on Bitcoin with confidence at the current price ~$26150.
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Breakout or Breakdown | Have to waitWeekly Chart
Oracle NYSE:ORCL is in triangle pattern and moving to apex zone.
Besides, Oracle has the strong support by the ascending trend line
Daily Chart
Price is on the support and trading at 115.23 now
The second times, price touched the support so a massive move is coming soon
Triangle Pattern has more two scenarios can happen
Just wait and see
HASH RIBBONS - Bullish Indicator 📈🐂Understanding the HASH RIBBONS Signal:
The HASH RIBBONS signal is based on the interplay of two essential moving averages: the 30-day Simple Moving Average (SMA) and the 60-day SMA. When these moving averages cross in an upward direction, it generates a bullish HASH RIBBONS signal.
The Strength of HASH RIBBONS Signal on Weekly Time Frame:
The HASH RIBBONS signal's significance amplifies when observed on the weekly time frame. Here's why it's considered a potent bullish indicator:
Confirmation of Bullish Momentum: A bullish HASH RIBBONS signal on the weekly chart confirms the presence of strong bullish momentum. This suggests that the cryptocurrency's price may experience a sustained upward trend.
Long-Term Perspective: The weekly time frame provides a broader view of market trends, filtering out short-term noise. A bullish signal here reflects a potential shift in long-term sentiment, which can be a precursor to a substantial price rise.
Market Sentiment Reversal: A HASH RIBBONS crossover indicates a possible reversal in market sentiment. This shift can attract more buyers, resulting in increased demand and upward price movement.
Conservative Traders' Choice: Many conservative traders rely on signals from longer time frames like the weekly chart to validate their trading decisions. A strong HASH RIBBONS signal can provide the necessary confirmation for these traders.
Potential Entry Point: A bullish HASH RIBBONS signal on the weekly chart often serves as a compelling entry point for traders seeking to ride a prolonged bullish trend.
Conclusion:
The HASH RIBBONS signal on the weekly time frame holds immense potential as a bullish indicator. Its confirmation of bullish momentum, long-term perspective, and ability to signal market sentiment reversals make it a formidable tool for traders and investors alike. However, like all indicators, it's essential to combine the HASH RIBBONS signal with other forms of analysis and maintain proper risk management practices.
As you navigate the dynamic cryptocurrency market, keep in mind that signals provide guidance, but market conditions can change rapidly. Staying informed, adapting your strategies, and using reliable indicators like the HASH RIBBONS on the weekly time frame can empower you to make more informed and confident trading decisions.
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Bullish is coming | Long BiasChart 4H TF
Look at the picture, you will see Ripple BINANCE:XRPUSDT downed to the support 0.618 FibRe and now it's retesting the resistance at 0.68 but need break and close above descending trend line.
If this breakout is succeed, XRP will pullback to FVG around 0.625 that point to join
Wait a next move to decide
INVZ Innoviz Technologies Options Ahead of EarningsAnalyzing the options chain and the chart patterns of INVZ Innoviz Technologies prior to the earnings report this week,
I would consider purchasing the $3.50 strike price Calls with
an expiration date of 2023-8-18,
for a premium of approximately $0.35.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
Rising Wedge | $380Chart 4H Timeframes
Nvidia NASDAQ:NVDA is in Rising Wedge and reached to the resistance of Fibo Projection around $480
So I expect NVDA will reverse soon after it break down the lower line of Rising Wedge
NVDA has two support at 420 and lower at 370. It's over 10%, can consider use DCA strategy to join AI's race
Wait for next move
ET Energy Transfer Options Ahead of EarningsIf you haven`t seen this pattern play out:
Then analyzing the options chain and the chart patterns of ET Energy Transfer prior to the earnings report this week,
I would consider purchasing the 15usd strike price Calls with
an expiration date of 2024-1-19,
for a premium of approximately $0.17.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.