Would you buy this?With a Market Cap of only $63.717 Mil, Mullen Automotive seems ridiculously cheap at the price of $0.26 per share.
But what I have learned over time is that penny stocks are often priced low for a reason: because they deserve it! And usually, it is the management team's fault.
Will it be able to make a solid pump or a short squeeze before another share dilution or a reverse stock split?
Looking forward to read your opinion about it!
Buysignal
BNB 1D Chart : BUY SIGNALI don't generally post anything for the Day chart, purely because it takes so damn long to reach each of the markers.
For the same reason, I'm obliged to point out when a coin does reach those areas because of their significance in terms of offering safe entries and potential gains.
You may have noticed many coins dumping sharply in the last week, and I'm sure there are many wild and wonderful stories in the media about what caused this.
In my opinion, they're all wrong. It's purely as a result of the overall position in the cycle and creating the appropriately proportioned candles in order to adhere to one of the rules of charting; Fractals. If you look at the charts on the 1min - 1hour timescales, you'll no doubt notice, from-time-to-time that coins move more rapidly at the outlying areas, ie. the end of trends, where the reversal patterns can be expected. Go ahead, take a look. Every instance of a reversal, regardless of its scale, there will be what seems like oversized, really aggressive candles that serve as markers for patterns on a larger timescale. This is the reason they move so aggressively, because they're bound by the rules and therefore HAVE to adhere to the fractal requirements and to do so, they often have to travel considerably larger distances (price variation) to get to those "must reach before you can turn around" levels. Now, scale that up to the day chart, keeping in mind that the same fractal rules apply, and what do you get? Outlying, oversized, really aggressive candles that elicit a media response purely for its sensationalist value, causing reporters and pundits everywhere to immediately start looking for the cause, and unfortunately, "seek and ye shall find" is as true now as it was then. Use it, don't use it. Think for yourself and learn to understand what's really going on.
I guarantee you it's not a new SEC sanction, has nothing to do with an Elon Musk tweet and is not affected in the least by what a "whale" decided to have for lunch.
It's an autonomous system, governed by mathematical laws and nothing we do can noticeably affect it. It is what it is and will go where it has to, to complete the cycle and tick the boxes sequentially in order to reach the next destination. This sounds simple, and applying it retrospectively Always makes sense, but it's not.
I'm working on a project that will offer insight to the methodology that has resulted from years of studying crypto charts and applying a novel, unbiased approach.
DM me to join the waitlist.
GME GameStop Options Ahead of EarningsAnalyzing the options chain of GME GameStop prior to the earnings report this week,
I would consider purchasing the 25usd strike price Calls with
an expiration date of 2023-6-16,
for a premium of approximately $1.83.
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.
BTCUSDT 27524 Long! Let's break through 50MA 1D and fly to 33000Bitcoin is being pushed into the bull zone!
The price is being pushed above 50MA!
Going above 50MA (28146) and breaking through 28447 will open the way to 30036 and 31000 levels!
Then the stop cloud is activated and the first target is 32390!
Profit to all!
Trade BuySellStlye levels!
Trade with us, trade better than us!
GBPAUD Buybritish Pound vs Australian dollar had a rally downside and having a support on H1 support area also we are having a confluacne on M15 a trendline which was broken and is tested by the pair so we can think of a potential buy setup after a price action we had a inverted hammer down on Support level that could possibly be a reversal signal but still we will be waiting for proper price action for buy
USJPY ready to take off againUSDJPY is very bullish. Its so bullish I believe that another 23.6% retracement is available. The daily retraced to the 23.6% Fibonacci. After an indecision candle, price formed a strong bullish engulfing. The 4H has given a strong signal that should grab our attention. A correction trendline has been broken with a lot of volume, the moving average is relatively close to crossing up.
Dogecoin DOGE and the US Debt CeilingNegotiators from Democratic and Republican parties finalized an agreement on Sunday night.
Instead of raising the limit to a specific level, they have opted to suspend it entirely until 2025. This strategic move ensures that their bills can be paid until that date, while also guaranteeing that the next battle to raise the ceiling will not coincide with the upcoming presidential election.
The resolution of the debt ceiling issue brings optimism and stability to the financial landscape, which has a positive ripple effect on the cryptocurrency market.
Bitcoin and the broader crypto market stand to benefit from increased investor confidence, reinforced safe-haven status, enhanced institutional adoption, regulatory clarity, and the overall positive impact on global markets.
DOGE/USDT
Entry Range: $0.070 - $0.073
Take Profit 1: $0.077
Take Profit 2: $0.083
Take Profit 3: $0.094
Stop Loss: $0.0.063
US30 FALLING WEDGE, BIG MOVE 🚀🚀🚀Hey traders,
US30 has reached a demand zone, there is a big falling wedge pattern that has been forming, on the daily and weekly timeframes US30 is on an uptrend. Keep an eye on the bulls they are on their way to take over.
If you enjoy my analysis drop a like and comment down below👇.
EURAUD LongsPrice tested the 50 EMA on the Daily timeframe + Respected a daily order block. Now we have bearish structure on the 3 hour timeframe which has been broken, and now expecting a retest into the order block formed underneath the 50% of this fib. Looking to take buys in this region with a set TP 1 shown on the chart.
EUR/AUD PRICE ACTION UPDATEThe pair still in consolidation zone. I can See now a bullish triangle is forming and the price is testing the resistance level: We have now two scenarios. If the price breaks the resistance and pullback then buy. other wise if the price returned back to test the support, just wait for a break down to sell.
I'm now more to buy than to sell. I have marked my targets for both sell and buy scenarios.
Good Luck, and trade safe!
AUDUSD- Bullish ReversalFX:AUDUSD
Current Trend
AUDUSD is in Bearish Trend.
A Bullish Divergence can be seen with Double bottom indicating a bullish reversal. If the trend breaks the neckline of previous LH , It will go Bullish.
Entry to be taken at the neckline with stop loss defined at previous LL.
Risk Percentage : 2%
Dell looking Very invitingStructure cant look any better then this. So many confirmations. I do believe all the stars are in line for a buy on DELL
Weekly chart showing a break and retest of last support level with a break of downward trend accompanied by a bullish engulfing weekly candle off support Also see the cross over on the RSI and MACD.
STEPN GMTUSDT $0.25 : Realistic ROi: 20xStepn, the running/activity social project's token, GMT was one of the best examples of what can happen to a coin when people are really into the technology and concept behind it. Take a look at it's historic price movements and it's clear that this was an in-demand coin that quickly rose to ~$4.00 after being listed.
Currently sitting at ~$0.245 makes this one of the best options to stock up on, since crypto has the habit of returning quickly to its previous all time high (ATH), which is where I'd strongly suggested you get rid of itas it's unlikely to break that level on the first try. If I'm not dead by then, I'll probably post another notification that nobody will read. No matter. They sure make my GF proud as a motherf#.
DM for short-term one-on-one trade guidance on exits for all these..
HODLing's for the birds..
USDSGD _____ UPCOMING BULLISH MOVEHello Traders,
If you are following me, you would know by now that I have a bullish bias on USD. This bias is based on my analysis of the Dollar Index. However, USDSGD just entered a key demand level and I am waiting for CHOCH for me to go long on this pair.
I have also done an analysis on GBPUSD and it is currently playing out as speculated. (see below)
Also, see my analysis of the dollar index below.
What do you think? is there something you think I might have missed or you agree with me?
Let me know your thoughts.
Cheers,
David
AAPL - Breakout Rising Trend Channel- AAPL has broken through the floor of a rising trend channel in the medium long term.
- AAPL has given a positive signal from the inverse head and shoulders formation by a break up through the resistance at 157.
- Further rise to 193 or more is signaled.
- AAPL has support at 151 and resistance at 175.
- Overall assessed as technically positive for the medium long term
*EP: Enter Price, SL: Support, TP: Take Profit, CL: Cut Loss, TF: Time Frame, RST: Resistance, RTS: Resistance to be Support LT TP: Long Term Target Price
*Chart Pattern:
DT - Double Top | BEARISH | RED
DB - Double Bottom | BULLISH | GREEN
HNS - Head & Shoulder | BEARISH | RED
REC - Rectangle | BLUE
iHNS - inverse head & Shoulder | BULLISH | GREEN
Verify it first and believe later.
WavePoint ❤️
CADJPY___4RR TRADE IDEAHello Guys,
Like I mentioned in my previous post , FX:CADJPY is also currently in a daily demand zone and is poised to make the move up.
To be frank, I have a long-term bullish bias on JPY, as my technical analysis on both the weekly & monthly timeframe of JPY index is bullish.
Do you think this bullish move will happen? I think so.
My next trade idea is on NZDCAD... stay tuned.
Cheers,
David
AUDJPY.... 4RR BULLISH TRADEHey guys,
It's been a long time since I made a post but guess what, I am back and ready to give you guys the best trade ideas ever.
On analyzing the JPY pairs, I also make use of the JPY index so as to select the best pair to trade, and as you may find out if you check, FX:AUDJPY has entered a strong daily demand level and is currently setting up buy-side liquidity which you can see on my chart. I expect it to use the buy-side liquidity to retrace to my entry after which, the bullish move should happen.
I will also be posting my analysis on CADJPY... SO WATCHOUT.
Let me know if you are also interested in this pair.
Cheers,
David