SNAP: $10 | Bleeding Stopped
2023 should be a come back
with revenue | profit improving though in the negative area
bleeding has subsided
one quarter was positive in 2022 yet
price barely went up or down
it just hovered along $10 +-15 levels
Tiktok is around $200bn as bytedance valuation
this at $15bn needs a campaign to revive it's HYPE back in the day
Comeback
HelenP. I After correction, Euro can come back to $1.1000 levelHi folks today I'm prepared for you Euro analytics. If we look at the chart, we can see how the price some days ago rebounded from the trend line and rose to the 1.0740 support level, which coincided with the support zone, but at once bounced and made correction back to this line. Later price rebounded from the trend line again and finally broke the 1.0740 level and even rose to the 1.1000 resistance level, which coincided with the resistance zone and tried to break it, but failed and in a short time declined to support level, breaking the trend line. Then Euro bounced from this level and made a strong impulse up to 1.1135 points, thereby breaking the trend line and resistance level one more time. But the price cannot fixed and soon declined lower than the 1.1000 level with the trend line, breaking their again. Next, EUR rose to a resistance level, and a not long time ago it rebounded down. For this moment, I expect that the Euro will come back to the 1.1000 resistance level, therefore I set my target at this level. If you like my analytics you may support me with your like/comment ❤️
Kiwi comebackNZD looks very solid and the USD is loosing strength across the board. I think we will see the kiwi coming back, other pairs are getting weaker against the NZD as well like the British pound which I'm shorting. We can also see a potential double bottom fotming. I just opened a long position and expecting for a breakout soon.
BTC/USDT Is comeback possible?BTC just bounced on bottom trend line for 3rd time and apparently it is retreating quite strong. Of course, breaking trendline and dip even further is possible, but is bullish triangle comeback is possible? If bulls pull this off, it could be really huge for crypto market. Wish you the best!
Struggle to keep bulls comeback or bear retracementLong consolidated… then struggle to make a comeback during the recession and the core of reduction of inflation came tied.
Wonder what will happen next.. right now at the strong resistance, then suddenly collapsed a bit.. bulls are trying to make the comeback and also the war is happening between china and Taiwan things are going to be ugly.
For Ethereum are we struggling for comeback or are we seeing a retracement from that huge drop..
NFT week is coming so please please be very careful.. if this uptrendline breaks we will see melts of red to breakdown .. should see long term only if happens, then 550 area will be the buy zone.
Trade and buy very carefully crypto crash is started and just warming up. Watch any bulls reversals even if it’s short
BTC/USDTBINANCE:BTCUSDT
The price is approaching the range of 32 thousand
And is an area where price has already been supported
And we have to wait for the reaction of the price collision with the area
Let's see the support, if it is not broken, the process will return to the previous ceiling
It will return, but if the price is broken, it will reach the range of 30 thousand
Arweave Makes an Impressive Comeback Arweave makes an impressive 94% comeback after losing more than half of its value!
Arweave (AR) has been selling off after reaching its all-time high at $34 on April 1st. The token sold off more than 50%, reaching lows of $16. However, after touching the $17 support, it quickly got up on its feet and rose 94% in just four days!
Arweave’s Trend
At first glance, AR’s trend looks unpredictable and choppy. The coin can range for a long time and then suddenly have a strong and aggressive uptrend.
While this trend may be challenging for new traders, it is actually one of the easiest patterns to trade for experienced traders as AR respects its support and resistance levels precisely. The token bounces up or down in accordance with its support or resistance level, and it does so almost immediately. The same is true for when a breakout occurs. It is usually swift and violent.
As a result, trend-following indicators tend to perform poorly on Arweave, even on the lower timeframes. However, momentum oscillators such as the RSI, Williams %R, or the Stochastics may work well, as the buy signals from these oscillators may coincide with support areas.
NEO/USDT Update: First Resistance is cleared. Moving forwardNEO cleared the first resistance around 40$ and turned previous resistance into support.
The sleeping giant contains huge price potential that are just waiting to pop.
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
If you like the content, please like, comment and give this channel a follow.
Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers
ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
Helplines:
- Purple lines are trendlines we take a look at.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.
ELA/USDT Insane recovery potential >8x to ATH Elastos gets more and more attention as you can see on the volume increase.
The pricerecovery however has just startet, so there are still great entry opportunities.
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
If you like the content, please like, comment and give this channel a follow.
Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers
ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
Helplines:
- Purple lines are trendlines we take a look at.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.
FIRO/USDT Recovery potential >10x to ATH >125$FIRO has a huge recovery potential looking at the peak of 2018 which was over 125$.
It seems to get more attention within recent times so make sure to check it out.
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
If you like the content, please like, comment and give this channel a follow.
Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers
ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
Helplines:
- Purple lines are trendlines we take a look at.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.
ETN/BTC Another potential 10x CoinETN is currently within a falling wedge.
Once it free itself we expect to see a big comeback.
Enjoy the ride and don't be too greedy.
If you like the content, please like, comment and give this channel a follow.
Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers
ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
Helplines:
- Purple lines are trendlines we take a look at.
- Yellow lines are for visual help only.
Big moves are coming?Hey guys,
Hedgehog King is coming back. I have a lot to update and get updated on. I’m sure you’d like an explanation to my disappearance in the last 5 weeks:
- Since the beginning January of this year I had deep chronical depressions due to harsh life events/difficulties (Which was the reason why I acted so weird this year and wasn’t as active as I was before, it started very bad for me). It was hard on me to tag along and be with you, mentally. I tried to do my best when I could, but I gave up on myself as it got worse towards the end of March with my computer data wipe out and with my GF being hospitalized due to her harsh illness (not corona, thankfully, but other chronic illness which got worsen up to the point of a threat to her life).
- Difficult times bring difficult decisions, and I had to sacrifice some of my life activities – (Yes, my community as well) to focus on myself, and to be with my loved ones. Due to these events I had no way of getting online as well for the past month, but here I am again.
- I want to apologize to all who I disappointed/worried. I apologize especially to Bob, because due to the Corona events we had to halt our premium service, and he counted on me to get things back in control, but I bailed out on him with my disappearance. I deeply regretted it, but I knew he could handle things for a while.
- I will do what I can to fix things out. I don’t intend to delete/give-up on my main profile as I want to stay true to myself and to anyone who is going to follow me, nor on any of my groups for the same reasons, I will measure the amount of damage which I have done and the after effect and will recover, rebuild, and will achieve what was my first goal: to create a place for free knowledge and a good place to hang out in anything related to Crypto.
• I am personally recovering, depression is still there but I’m managing slowly and surely, my love is home and safe now, and I was able to restore some of my lost data after working on it for a long while.
• I do wish you all to have strong wills, and health, and mostly- happiness. I hope you can give me another chance to make it up to you guys, I never meant to harm and especially not to leave my fam’ permanently, I just was on a brick of collapse, seen only peach black, and couldn’t really deal with anything, I’m sure I was wrong to disappear like that but I just couldn’t bring myself to put some words on my struggles, and this depression caused me a lot of damage in RL as well.
• I’m currently going through every PM I received, and I will answer all questions forwarded to me in PM and in the groups, also I will be highly active and will go through all activity which I missed out.
• I have a lot of catching up to do and a lot to organize, and after re-evaluate everything I will announce my next moves.…
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Meanwhile though, I collected some of my thoughts of the day on the market, shall I start with some TA/FA/SA 😉?:
- SA/FA:
Market recovered pretty fast from this crush. But is it really a recovery? No one can know for sure…
1. Economy: We have uncertainty about this entire world WhoVirus, and no matter what is the truth, the economy got hit badly, and the after effects are far from over, in-fact I think this is just the beginning, with Oil crush, the USD hyperinflation, and the overall crisis in the economy due to the lockdowns we are going to see (Already seeing) riots, businesses collapse, banks shutting down, maybe even war?, and more… each of these brings big after effects and to protect yourselves it’s important to have assets, especially metals such as gold/silver. But will BTC thrive in all that mess? I don’t think this is the safe heaven where rich people/industries will run to, sure they will hold some little percentage of it just for the fun of it, but not as a real security protection.
2. Trending: On the other side I seen more traffic of people on some social media pages related to Crypto, so my guess is that this happens due to the incoming halving, but is this enough? I’m not sure, because google trends doesn’t show any changes, isn’t this weird? Well this is accumulation phase, people are buying BTC because they are sure that halving will kill it for them, but I think that those who really moving the gears behind the scenes just waiting for more excitement before they crush it ones again as history showed us.
3. Sentiment: Sure it looks like fear/greed is 27 and looks more positive by the day, BUT!, from some analysis I have done I came to conclusion that traders are further net-long than yesterday and then last week on BTC, and way more net-long then net-short on ETH, and still more net-long then net-short on XRP – I think ETH will lead this fall, we will see some sort of crush/correction in the near week/two (which will also be very natural to the last price movement in the market), and depends on the sentimental reaction to the correction we should know if we gonna drop further or not.
4. Overall: I don’t see Bitcoin holding a rally, not atm (despite the incoming halving), not for the past year and not yet this year (part of the reason why I was mostly bearish last year and got most of the critical falls), every-time there’s a rally in BTC there is somebody selling into it, there is a major supply overhanging this market (Yes, still), and those who are selling are patient, they selling between the rallies, and eventually will sell between the dips (Maybe already happening since we hit that 14k), and I still think there is a lot of time before the halving effects will really come into effect (5-7 months), so for now best thing to do is accumulate BTC despite the price (Which is what I’m doing on my long term portfolio), and focus on shorting it in trades (Which is what I’m going to do now and between rallies), I won’t be convinced that this is a bull run, not until we pass the 10500 followed by trend and until we see real volume and OBV support behind it.
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- Some simple TA:
1. We are right above weekly e21, and we might see 1 more strong candle towards the 9300, but the volume is too low and getting lower from week to week, it suggests that we need to see a pullback. 7 green candles is enough reason to focus on shorts.
2. We are currently above daily e50, and right under daily e200, from my perspective if we suppress e200 (7870) then this would be strong push up towards 9300 before the next correction (This will also move some indicators such as RSI to overbought), a rejection of the e200 will bring us back to e50 (7270) which is also the daily cloud, this should be a very healthy and good correction before the next move.
3. We have very low volume but OBV continues to surprise me (on both Huobi and Binance), my problem with OBV atm is that against Tether I don’t trust it but Tether might lead this push so I can’t know for sure… it shows that even if we are going to see the correction, we might have enough buying power to push back up right after and easily push (and maybe even suppress) to 9300, before that the ones who led this move towards the 10500 were Asia (Mostly Hubei), but now it looks like the ones leading this move are the west (Mostly Binance).
• In overall, to me it looks like on the short term (few days-2weeks), we might see another push up, but we most likely going to see a pull back either right after or even in next few days.
• The mid term is very bullish, but real bull run for me will only be after we suppressed 10500 with enough confirmations, I do think that we will see at-least 9300 before the crush (I also suspect that it will happen either right before or during the cross of the daily e50 and e200 which should be bullish, but might play out as yet another bull trap).
• The long term, after the crush from 9300, BTC will either enter an accumulation phase, or keep going down for a few months, and only after 5-7 months we will start seeing the real effect from the halving to start the next bull run, suppress 20k, and continue towards 35k-45k (First destination, we might continue to second destination to around 80-120k…
• I shorted it from 7745, and sl is at 7845, first TP is at 7375.
Is Euro looking at making a comeback???Cordial greetings. It's no secret that the markets have been behaving strangely (for a lack of a better term) lately. We've been seeing some crazy volatility and that can of course be good for some and bad for others, depending on which side of the market you are on. But let's put that aside and focus on the matter at hand...
What we currently have here is an ascending wedge on the Weekly timeframe. The mere fact that it's visible on the Weekly timeframe makes us firmly believe that there is a great chance for the market to follow suit i.e., the market may be bullish and aim for the wedge resistance. This is because price has tested the wedge support line and has already started moving bullishly.
The wedge is not the only confirmation that helps us predict an upward move. This is because we also have our Stochastic, which indicates Oversold conditions and this hints at a bullish move.
In my mt4 platform, I've also included Moving averages (5 EMA & 13 MA), which are both currently in close proximity, which may lead to a crossing.
Well, folks, we have 3 confirmations signalling an upward move, BUT if you disagree with my analysis, I would love to hear your input. So please do feel free to leave a comment. It would be highly appreciated.
SNAP - Finally enough millenial rektage?SNAP has thoroughly rekt millenials for a couple years now and finally reached a price where buyers were willing to accumulate down in the $5-$7 range. A lot of people are now convinced that snapchat is dead, but may end up being surprised.
Breaking this angle would have me targetting the volume core of 13-14, with a second target in the $15 range.
Beyond that It will need some time to work itself out and I will re-assess. This may be turn into a long term bullish play.
Bear case:
If we fail to break the down trajectory on this attempt, or simply fakeout above and move back, I will exit and re-assess.
Falling below 9.22 I would not be comfortable longing until it offers a nice setup.