#DATA/USDT Ready to go up#DATA
The price is moving in a descending channel on a 1-day frame and sticking to it well
We have a bounce from the lower limit of the descending channel, this support is at a price of 0.03066
We have an upward trend, the RSI indicator is about to break, which supports the rise
We have a trend to stabilize above the 100 moving average
Entry price 0.04040
First target 0.04541
Second target 0.05020
Third target 0.05735
DATA
It's Make Or Break in less than 1HR for GBPUSD. Check back.
If there is 1 pair that has caused some up-down-up-down crazy, frustrating, manipulated-maybe price-action, stealing the show the past month or so would be GBPUSD.
Further falls over the past 16 hours or so, with USD$ rallying following CPI data for USA.
Well now its Great Britain's turn with the data in less than an hour. GDP is being released in the UK. This is what it all entails for the Pound to bounce or fail further falls. I am tipping the former.
au.investing.com
18:00 GBP Construction Output (MoM) (Oct) 0.2% 0.1%
18:00 GBP U.K. Construction Output (YoY) (Oct) 0.0% -0.4%
18:00 GBP GDP (MoM) (Oct) 0.1% -0.1%
18:00 GBP GDP (YoY) (Oct) 1.6% 1.0%
18:00 GBP Industrial Production (MoM) (Oct) 0.3% -0.5%
18:00 GBP Industrial Production (YoY) (Oct) 0.2% -1.8%
18:00 GBP Manufacturing Production (YoY) (Oct) 0.9% -0.7%
18:00 GBP Manufacturing Production (MoM) (Oct) 0.2% -1.0%
18:00 GBP Monthly GDP 3M/3M Change (Oct) 0.2% 0.1%
18:00 GBP Trade Balance (Oct) -16.10B -16.32B
18:00 GBP Trade Balance Non-EU (Oct) -5.31B
Check back and I will give my impressions of 'sides' & possible trading action to take.
HOLY SMOKES TSLA CHART IS ONE YOU MIGHT NOT WANT TO MISSTsla has a weird pattern here that I've seen in similar ways before.
Essentially, it needs to close the gaps around 218. Once it does that, it essentially gives the price an upper limit of nearly $1000.
I like the $960 mark, but it's hard to say and again this is one of many possible outcomes and I'd say this is highly unlikely so please take caution.
However, there's is a chance.
How? It would have to be an overnight candle from something drastic followed by a resurgence in price heading into earnings.
It allows the price to climb really high, and it allows it to go really fast as big positions get liquidated.
When you line all that up with GME, AMC, DOGE, BTC, and my personal second favorite BBBY (close second to DOGE), it leads to a big big big SQUEEZE.
Which means, TSLA could see a huge runup as well, which fits with the entire market movements for as long as I've been doing charting.
Add all that together, and it puts the price of TSLA near 900, with stability forming, around 600 in the short term, and 420 in the long term, followed by a big crash that closes all gaps and starts to return TSLA to some serious long term gains.
It would be a fast move, be careful if you're trading this because you'll want to lock in profits fast. When prices move like this, they move up 30% fast and retrace 40% almost as quickly, if not faster. So lock in profits, and then try to identify new short term entries and keep riding the wave up exiting ideally near top or especially when volume starts to really drop and price is still climbing with indicators showing overvalued.
Again, this would be similar to NVDA climbing to $1000, dropping to $700 and then moving back upwards. If you project the performance of that of the movement seen (movement in the past doesn't guarantee future movements) it shows TSLA hitting the $900 range like literally next week, early, Monday/Tuesday early WED. A drop and then return the next week. It's weird, it's rare, it's unlikely, it's however, not impossible. The numbers are there. It would need to occur FAST. In other words, Monday would likely be a GAP up in price. Similar to the way it has been seen in Gamestop and other "squeeze" related stocks.
Call me crazy, and feel free to disagree. Totally understandable. However, if you can afford the risk, at least take a look at your chart and then consider the idea as possible, just in-case. Again, RISKY, don't go all in on it especially if you're not used to trading short term movements like this because you can lose A TON of money very quickly and you can see your profits disappear within seconds, causing panic selling and buying.
Good luck!!
P.S> DOGE coin, because Elon Musk has been talking about it for years right out in the open.
Double Good luck!!
DON'T SLEEP ON TESLA ON A... WELL, NEVER SLEEP AGAIN. TSLA 420.
ALRIGHT, LET'S TRY THIS AGAIN.
Tesla has a cool trend setup, retracement setup and indicator alignment into earnings.
A REALLY STEEP DROP from earnings, past 134 and all the way down to around 96, could trigger a nice move to the upside that you won't want to miss.
I know, TSLA to 74 or 30 or 10 (it's garbage).
Well, no, I disagree. At least in the short term. After it runs up again, I could easily see it back down to some low numbers.
But right now, heading into earnings, a big move is showing that looks very similar to what I've shown.
My line, expect it to be inaccurate, instead focus on the price targets.
At 175.01 = full bull to the moon 238k miles, maybe overshoots that.
There will be retracements, but if this move is based around btc, it could be FAST.
So, probably best to never sleep again, and watch the tsla chart 24/7.
RSI technically bearish, but they all look like they are about to flip, BUT they haven't yet, so we can't assume. We have to keep the projection based on charts, which says, if 134 holds and we get over 175 with stability, then green light, probably.
If earnings crashes price to under $100 for a brief amount of time, you probably want to yolo the dip. Calls would be very cheap at that point, and if you're bullish in any way, even if it's not to my numbers bullish, then it's still probably free money.
I won't be upset should you disagree, feel free.
And I look forward to your rubbing of profits in my face, should you be correct.
Truthfully, I'd like to see everyone make a ton, no matter what your opinion is (bear/bull).
LOTS OF MOVEMENT to trade in two directions.
Things don't go up forever, things don't go down forever, and if they do, it would be an outlier to most market movements.
Good luck!!
SOME FUNDAMENTAL RESEARCH:
1. **Tesla Fundamentals**:
- Tesla, the electric vehicle (EV) company founded by Elon Musk, has seen remarkable growth in recent years. Their fundamentals include strong demand for EVs, innovative technology, and a charismatic CEO who captures public attention.
- However, Tesla's financials have been volatile due to high R&D costs, production challenges, and regulatory hurdles. Despite this, their stock price has surged, making them one of the most valuable automakers globally.
2. **Bitcoin and Dogecoin Investments**:
- Tesla made headlines when it disclosed a $1.5 billion investment in Bitcoin. This move signaled institutional interest in cryptocurrencies.
- Elon Musk's tweets and actions have influenced crypto markets. Tesla's investment in Bitcoin adds legitimacy to the asset class.
- As for Dogecoin, Tesla has not officially invested in it. However, Musk's tweets and memes have boosted Dogecoin's popularity. It's important to note that Dogecoin is highly speculative and lacks fundamental value¹.
3. **Software Subscription vs. Hardware Sales**:
- Morgan Stanley believes Tesla could make more money from software subscriptions than hardware sales. Tesla's vehicles are equipped with advanced software features (Autopilot, Full Self-Driving) that can be unlocked via subscription.
- By offering software upgrades, Tesla can generate recurring revenue. This model aligns with the trend toward software-defined vehicles².
4. **Data Collection and Auto Driving**:
- Tesla collects vast amounts of data from its vehicles, especially those equipped with Autopilot. This data helps improve autonomous driving algorithms.
- Tesla's fleet provides real-world data for training AI models, giving them a competitive edge in self-driving technology.
- Monetizing this data could be lucrative. Tesla could license it to other companies or use it for targeted advertising.
5. **Leasing Software vs. Selling Cars**:
- Leasing software (e.g., Full Self-Driving subscription) allows Tesla to generate ongoing revenue without selling additional hardware.
- Traditional automakers rely on upfront car sales, which can lead to debt if demand fluctuates.
- Tesla's approach disrupts the industry by emphasizing software and services over traditional car sales.
In summary, Tesla's fundamentals, crypto investments, software subscriptions, data collection, and unique business model contribute to its success and potential for future growth. However, risks remain, and the EV landscape is evolving rapidly. Other automakers are also adapting to these changes, but Tesla's early lead gives it a competitive advantage¹². 🚗💡📈
Source: Conversation with Bing, 4/22/2024
(1) Tesla, Dogecoin & Institutional Interest: A Data Perspective by .... coinmarketcap.com
(2) Tesla (TSLA) could make more money from software subscription than .... electrek.co
(3) Dogecoin | Tesla Support. www.tesla.com
Alikze »» DATA | Pullback to the descending channel is brokenIn the weekly time, with the failure of the sub-swing and the exit from the descending channel, if the pullback to the green box area or completes the main swing, it will have the ability to grow up to the specified supply area. Otherwise, this correction may continue until the sub-swing area
🟩Sup:0.048
⛳️Tp Red Box
»»»«««»»»«««»»»«««
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Sincerely.❤️
THE GRAPH — 2024-5JSE:GRT is an open-source protocol that enables efficient indexing and querying on blockchains. Ethereum, Solana, Polygon are just a few of the 70+ chains on chains available to query on The Graph Network, and more are being added every month. Often called the “Google for blockchains,” The Graph allows developers to retrieve data from blockchains without relying on centralized servers or traditional databases. It also removes the need to self-host expensive data servers or rely on a full-time data team. This indexing capability is crucial for decentralized applications (dapps) to operate smoothly, as data needs to be accessible in real-time to offer users a seamless experience.
The Graph is pioneering a new data standard for web3 with GRC-20, a proposed common language for data across web3. Just as ERC-20 standardized value on Ethereum, GRC-20 will standardize data, information & knowledge and bring web3 to life.
$SNOW (Snowflake) | Christmas Came Early +1,000% ROIWe watched this name face headwinds after a bad earnings print, along with data privacy issues...
But we crafted our thesis, identified our price targets, then benchmarked this name against competitors like: NASDAQ:CRWD NSE:INFY and NYSE:PLTR (one of our biggest winners in 2024... Entry at $8/share)
This analysis positioned NYSE:SNOW for significant upside after the massive sell-off from $237 down to $108 - which was reflective of a fair-value in this market.
I loaded the boat on $150 Calls dated DEC24 & JAN26 (with additional strikes)
On the DEC24 $150 Calls - Over 1,000% ROI (closed 1/2).
What's Next for NYSE:SNOW
The answer is simple, upside.
Earlier this year, investors priced this name at a 20-30X EV/S - which was akin to perfection.
To maintain that valuation would require absolute perfection in execution, earnings expectations, and forward guides into Q1 & Q2 of 2025.
Since then, the valuation has been cut in half - even though the business has not seen a 50% revenue or growth decline.
With an equivalent peer-driven valuation, NYSE:SNOW would be priced as follows:
• $415 at NYSE:PLTR ’s valuation
• $181 at NASDAQ:DDOG ’s valuation
• $196 at NASDAQ:CFLT ’s valuation
• $228 at NASDAQ:MDB ’s valuation
Median target is $212.
(Competition Valuation Performed by: StockSavvyShay on X)
The Importance of BTC.D, TOTAL2, and USDT.D
Currently my indicator is suggesting BITCOIN IS WEAKENING whilst ALTS ARE STRENGTHENING and USDT is at the lower spectrum of its range suggesting crypto investment is the best option.
Let's dive into understanding market dominance and liquidity metrics and why it's crucial for navigating the cryptocurrency space effectively. Three key metrics—BTC.D (Bitcoin Dominance), TOTAL2 (Altcoin Market Cap Excluding Bitcoin), and USDT.D (Tether Dominance)—offer valuable insights into investor sentiment, market trends, and potential shifts in liquidity. Let's explore these metrics, their typical ranges, patterns to watch for, and how they interact with a MACD-style crossover indicator which I designed to identify opportunities in Bitcoin, altcoins, and stablecoins.
BTC.D: Bitcoin Dominance
BTC.D measures Bitcoin's market cap as a percentage of the total cryptocurrency market cap. It reflects investor preference for Bitcoin compared to other cryptocurrencies.
Typical Range
Normal Range: 40%-60%
BTC.D tends to rise during bearish markets as investors flock to Bitcoin's perceived safety. Conversely, it often declines during bullish markets when altcoins outperform.
Key Patterns
Double Top: Indicates potential weakening in Bitcoin dominance, suggesting a shift in capital to altcoins.
Double Bottom: Signals strengthening Bitcoin dominance, often as investors move back into Bitcoin for stability.
TOTAL2: Altcoin Market Cap (Excluding Bitcoin)
TOTAL2 represents the market capitalization of all altcoins combined, excluding Bitcoin. It is a direct measure of the strength of the altcoin market.
Typical Range
Normal Range: Highly variable, as altcoin performance can spike dramatically during "alt seasons."
TOTAL2 increases during periods of high altcoin interest and speculative growth and declines during risk-off periods when investors sell altcoins for Bitcoin or stablecoins.
Key Patterns
Rising TOTAL2 + Falling BTC.D: Indicates an alt season where altcoins are outperforming Bitcoin.
Falling TOTAL2 + Rising BTC.D: Suggests a return to Bitcoin dominance, typically during periods of market uncertainty.
USDT.D: Tether Dominance
USDT.D measures Tether’s market cap as a percentage of the total cryptocurrency market cap, reflecting how much liquidity is parked in stablecoins.
Typical Range
Normal Range: 3%-7%
A high USDT.D suggests investors are moving into stablecoins, indicating risk-off sentiment. Conversely, a low USDT.D implies funds are flowing into riskier assets like Bitcoin and altcoins.
Key Patterns
USDT.D at Top of Range (~7%): Sign of high risk aversion. Typically, Bitcoin and altcoins are weakening, and liquidity is concentrated in stablecoins.
USDT.D at Bottom of Range (~3%): Suggests a bullish environment where funds are flowing into Bitcoin and altcoins.
The MACD-Style Crossover Indicator
The MACD-style crossover indicator I built is for BTC.D, TOTAL2, and USDT.D simplifies these complex relationships into actionable signals. It plots all three metrics on a normalized scale and identifies key moments of transition:
Bullish Alt Season Signal:
When TOTAL2 crosses above BTC.D, it signals a potential alt season, where altcoins outperform Bitcoin.
Bitcoin Dominance Signal:
When BTC.D crosses above TOTAL2, it suggests Bitcoin is regaining dominance, often during market corrections or risk-off periods.
Stablecoin Signal:
When USDT.D crosses above BTC.D and TOTAL2, it indicates heightened risk aversion, suggesting a move into stablecoins as the market cools.
What These Metrics Mean for Market Liquidity
Liquidity flows are the lifeblood of the cryptocurrency market. These three metrics reveal where capital is moving:
BTC.D High + USDT.D High: Indicates a risk-off environment. Investors are prioritizing safety, suggesting Bitcoin and stablecoins are preferred over altcoins.
BTC.D Low + TOTAL2 Rising + USDT.D Low: Signals a risk-on environment, often the hallmark of an alt season. Investors are willing to speculate on higher-risk assets, driving up altcoin valuations.
TOTAL2 Falling + USDT.D Rising: A clear sign of capital exiting the market. Altcoins are losing value, and funds are moving to stablecoins, often leading to market corrections.
Conclusion
By tracking BTC.D, TOTAL2, and USDT.D together, investors gain a comprehensive view of the cryptocurrency market's dynamics. The interplay between Bitcoin dominance, altcoin market performance, and stablecoin liquidity provides a roadmap for understanding capital flows and market sentiment.
The MACD-style crossover indicator I built adds another layer of insight by simplifying the relationships into actionable signals. Whether it’s identifying the start of an alt season, a return to Bitcoin dominance, or heightened risk aversion favoring stablecoins, this tool empowers traders with timely and relevant information.
The next time you analyze BTC.D, TOTAL2, and USDT.D, remember these ranges and patterns. They’re not just numbers on a chart—they’re the key to understanding the market's pulse and positioning yourself strategically for the next big move.
Update: Trade closed $138 $VRTOne of my best performing single name equities of 2024 - $NYSE:VRT. I've closed most of this trade because it has swollen to be a larger portion of my portfolio than was intended, i.e. portfolio rebalancing. I will keep VRT on my watchlist as a new leader in the AI infrastructure category and a YTD leader overall. I will shop for pullbacks to the 18, 21, and even 50 day moving averages, or a new pattern development -- the latter would take at least several weeks from now to form with enough duration for me to be interested.
My goal is to lock in this profit and to not give it back.
#DATA (SPOT) entry range( 0.03400- 0.0427) T.(0.0643) SL(0.0330)BINANCE:DATAUSDT
entry range ( 0.03400- 0.0427)
Target1 (0.0643)
2 Extra Targets(optional) in chart, if you like to continue in the trade with making stoploss very high.
SL .1D close below (0.0330)
1:2 Trade
**** #Manta ,#OMNI, #DYM, #AI, #IO, #XAI , #ACE #NFP #RAD #WLD #ORDI #BLUR #SUI #Voxel #AEVO #VITE #APE #RDNT #FLUX #NMR #VANRY #TRB #HBAR #DGB #XEC #ERN #ALT #IO #ACA #HIVE #ASTR #ARDR #PIXEL #LTO #AERGO #SCRT #ATA #HOOK #FLOW #KSM #HFT #MINA #DATA****
HeartCore Partners with NTT Data Business BrainsExciting news from HeartCore Enterprises, Inc. (Nasdaq: HTCR)!
The Tokyo-based enterprise software and data consulting company has entered into a strategic partnership with NTT Data Business Brains Corporation, a subsidiary of the well-known NTT Data group. This collaboration is set to take NTT Data Business Brains’ website development services to the next level.
NTT Data Business Brains has built a strong reputation in Japan for constructing static websites, but with 84.9% of Japan's population using the internet and 78.1% engaged on social media, there's increasing demand for more interactive and user-centric online experiences.
That’s where HeartCore’s CMS platform comes in. By integrating HeartCore's advanced CMS, NTT Data Business Brains will be able to offer dynamic and engaging websites, packed with modern features that today’s users expect.
HeartCore’s CEO, Sumitaka Kanno, emphasized that this partnership is part of the company’s broader mission to help businesses modernize their digital presence. With this collaboration, HeartCore continues to expand its influence and reliability in Japan's rapidly evolving digital landscape.
Armageddon after the election, huh?Someone yesterday dumped a lot of money into an options portfolio, that's designed to lower the price of December US10-year Bond futures. That automatically means more US 10Y yield, and since there's a strong correlation with the Dollar, it also means the Dollar is going up.
The most curious thing is watching how the S&P 500 makes ATH during rising Dollar.
Such synchronicity has historically led to powerful corrections, and something tells me that it will not be the Dollar.
Now, I ain't saying we should all go out and start selling stocks like never before. But what I am sayin' is that maybe, just maybe, we should take a step back and look at the bigger picture. Maybe the market's got some more room to run, and maybe we should be lookin' for opportunities to get in on the action.
So, yeah, the option sentiment's looking a little bearish, but that don't mean we should all be running for the hills just yet.
Let's keep our cool, do our research, and see what the market's got in store for us.
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The Data Ownership Protocol (DOP) utilizes zero-knowledge proofs to allow flexible transparency on top of Ethereum L1. DOP allows users and DApps to store assets and make transaction data controlled by the user or selectively disclose token holdings and historical information.
Meta and Spotify Criticize EU’s AI Decisions Stock up 3.53%On Thursday, Meta (NASDAQ: NASDAQ:META ), along with Spotify and several other tech companies, voiced strong criticisms against the European Union’s approach to data privacy and artificial intelligence (AI) regulation. In an open letter, these firms, along with researchers and industry bodies, claimed that the EU's decision-making has become "fragmented and inconsistent," warning that Europe risks falling behind in the global AI race.
The Regulatory Clash: Meta and GDPR Tensions
Meta (NASDAQ: NASDAQ:META ), which owns Facebook, Instagram, and WhatsApp, has been at the center of data privacy controversies in Europe, especially under the General Data Protection Regulation (GDPR). Recently, Meta (NASDAQ: NASDAQ:META ) halted its plans to collect data from European users to train its AI models due to pressure from privacy regulators. This followed a record-breaking fine of over one billion euros for breaching privacy rules.
The company, along with other tech giants, has delayed the release of AI products in the European market, seeking clarity on legal and regulatory frameworks. For instance, Meta delayed the launch of its Twitter alternative, Threads, in the EU, while Google has also held back on AI tool rollouts in the region.
The open letter signed by Meta, Spotify, and others calls for "harmonized, consistent, quick, and clear decisions" from data privacy regulators to enable European data to be used in AI training. The companies argue that without a coherent regulatory framework, the EU could lose its competitive edge in the global AI landscape, falling behind regions like the U.S. and China, which have been advancing rapidly in the field.
Meta’s AI Ambitions and Strategic Moves
Meta’s criticisms of the EU regulations come at a time when the company is heavily investing in AI technologies to enhance its social media platforms and introduce new products. AI is at the heart of Meta’s push toward the metaverse and other cutting-edge innovations. The company’s reluctance to release certain AI products in Europe is a direct result of the regulatory uncertainty, which hampers its ability to fully capitalize on its technological advancements.
With the EU’s AI Act coming into force this year, it aims to curb potential abuses in AI usage, but this stringent regulation may slow down innovation and delay product launches in the region. Meta and other tech giants believe that clearer rules will help unlock the potential of AI while protecting user privacy.
Technical Outlook: A Bullish Meta Stock Poised for Continued Growth
From a technical perspective, Meta’s stock ( NASDAQ:META ) has been on a stellar upward trend since November 2022, and it doesn't show signs of slowing down. As of the time of writing, the stock is up 3.66% and has entered overbought territory with an RSI (Relative Strength Index) of 70.54. This indicates that the stock may be poised for a temporary cool-off.
The stock's rise has been bolstered by broader market optimism, including the recent decision by the Federal Reserve to cut interest rates. This move is expected to benefit the tech sector, with Meta standing to gain significantly. With lower borrowing costs, tech companies like Meta (NASDAQ: NASDAQ:META ) can continue their aggressive expansion into AI and metaverse-related technologies.
Meta’s stock (NASDAQ: NASDAQ:META ) also exhibits a gap-up pattern that hasn’t been filled, suggesting a potential correction or consolidation period. Additionally, the stock has been consolidating since February 2024, indicating a potential bullish continuation pattern. However, with the RSI in overbought territory, investors should watch for a short-term pullback to cool off the stock before resuming its upward trajectory.
Meta’s AI Potential Amid Regulatory Uncertainty
Meta (NASDAQ: NASDAQ:META ) is navigating a complex regulatory environment in the EU while continuing to make strides in AI and technological innovation. Despite the challenges posed by GDPR and the AI Act, Meta remains well-positioned for long-term growth, with its stock reflecting strong momentum. However, short-term volatility due to regulatory decisions and technical factors may present buying opportunities for investors. As Meta (NASDAQ: NASDAQ:META ) continues to push the envelope in AI and the metaverse, the company’s future success will largely depend on its ability to navigate these regulatory waters while maintaining its innovation edge.
BITCOIN - Analyzing previous Bitcoin cycles combined with DataIf you look at the monthly chart of Bitcoin and examine the three previous cycles in crypto, you can see where we currently stand. This doesn’t guarantee that we’ll go up from here, but it does show that the chart often follows a similar pattern every cycle.
Price movements are a universal phenomenon seen across all charts in various sectors, not just crypto. Often, you’ll notice an asset testing its all-time high (ATH) and then taking a “breath.” After that, the asset typically moves beyond its ATH and embarks on a bullish journey.
The market tends to become more greedy once it surpasses the ATH because it means everyone in the market is in profit. Of course, it depends on what you bought, but the principle remains the same.
I see a lot of people worried about where we’re headed next. Nothing is for certain, but stop reading the news and worrying about recessions. England and Germany are currently in recessions and have just broken their ATHs. Recessions have nothing to do with price action.
Many are also concerned that the markets will crash once the rate cut season starts, which is highly likely to occur in September. However, historical data suggests otherwise. If you look back 70 years, the S&P 500 has averaged an 11% return one year after the first rate cut.
By using data and following cycles, like the one below and the 18.6-year real estate and economic cycle, it becomes much easier to handle the drawdowns and negativity you hear around you.
Using Fibonacci retracement, I believe we could see a top for Bitcoin around $150-200K before the next bear market.
(TRAC) origintrail "ICO"The origin story of origintrail (TRAC) appears to show funding in the form of ICO, crunchbase.com data metrics.
Initial coin offerings give a chance for people to buy the token before it is available for public trade on markets. Less decentralized than if the token had made no sales before being pushed to market.
(OSMO) osmosis "ICO"The origin story of Osmosis appears to have an ICO as part of funding early on; crunchbase.com data metrics.
Initial coin offerings give a chance for people to buy the token before it is available for public trade on markets. Less decentralized than if the token had made no sales before being pushed to market.