$AR9 with significant tailwindsTA,
-MACD daily golden cross
-Upper-level exhaustion (known as cup and handle in TA culture)
- Bullish Moving averages
FA,
- Geopolitics
- War on data. Data is the new currency. Protecting data comes with big rewards.
- Management team
- Top government contracts: MOAT
- Good financial health
- Insider ownership: 17%
- Recurring revenue
- TAM 2.8B in AUS and 7.7B worldwide
(-)
- Massive run-up since March lows so there could be some Profit-taking
- RSI overbought
- Dependent on a few big customers
- Price/sales=120
Don't usually buy into overbought stocks, but success comes from doing things differently
DATA
Preparing for the final move !!It has been a wild ride since we bought for dirt cheap under 300 satoshi level !!
We are now up 400% and RSI is starting to enter overbought levels on the weekly time frame.
It is still too early to take profits ! Marketcap still around 30 million dollars - this project has a lot of room to grow.
With mainnet coming up on August 8th there could be some profit taking at around 1600 satosi level.
My BLZ exposure is becoming too big...
I will take partial profits at around this level (50% of my holdings) and rotate them in my reserve currency (XRP).
The remaining BLZ will not be sold before 2022.
Not financial advice. It's what I will be doing.
YOU ARE LUCKY - you get a second chance !!Bluzelle broke out from the bull flag to the downside and corrected severely going for a strong backtest below 500 satoshi level.
However it is behaving as in the previous flag, where it broke down and made a bullish around-the-apex move.
Therefore you get a chance to get aboard at a great discount !!
Do not waste it !
Bluzelle is bullish as f**** !!
Bluzelle breaks out of a PARABOLIC FLAG ??I do not know whether this figure exists ?!?
A bull flag with a barabolic underline ....
What I DO KNOW is that buyers are less and less patient to wait until it touches the bottom of a conventional bull flag !!
So if you ask me, Bluzelle is in a hell of a bullish mode !!
WATCH OUT ABOVE !!
Close up on BLZ: very bullish behaviour !!Very bullish behaviour at the 650 satoshi level !
650 is a volume by price cluster, so price is forming a bull flag right at this level !
Price broke down yesterday but is making a bullish around the apex move today.
It will most probably run through resistance at 650 sats and make another powerful breakout (similar to the one at 380 sats).
We are in Bluzelle since 250 sats !
So we are up 150% in a little more than 1 month.
But still a long way to go since this baby has only 13 million MarketCap and is headed to greatness !!
DATAUSDT resuming Uptrend on the Weekly Chart (+72% expected)Hi,
after channel break confirmation in March 2020, DATAUSDT started to grow.
After 9 weeks correction, seems to have found support on the weekly 20MA and now bouncing out of the descending wedge.
RSI and MACD show a possible trend inversion.
Volume is expected to boom after such a long thin range.
A convenient Stop loss could be placed under 0,054$ (local uptrend line on the daily chart) for a 1:10 risk/reward.
Below weekly 20MA this analysis is invalidated. Can be used as stop loss alternative.
First target is retest of the last high at around 0.10$ (+72% at the time of this analysis).
Other targets can be found in the chart.
Ciao,
Confirmed bull market for BLUZELLE !!Today we got a massive breakout with a new 52 week high !
On massive volume !!
Volume exceeded the MarketCap of 12.8 million.
If you are on the ride from the beginning (1 month ago) you are now up already 150% !
However we are STILL VERY EARLY in this bull and still down 93% from its ATH (against BTC and against the USD) !!
So, one the RSI cools down a little you could still get aboard at a discount price.
According to some serious research, price target for this coin is around 10 USD (that's a 150 bagger from current prices).
Not financial advice but that's what I do !
BLZ is now my second position with 6% portfolio weight (started with 2.5%) but I will not sell before a long time !
Yes, you heard it right: no profit taking !
moving avreage 200 & fib div & ichimokuHello friends
An analysis new
P.S. as I don't use like-bots and other solutions that show great "interest" to my posts, I will be grateful if you support my work by your LIKEs and comment. Of course, if you can do it. The feedback from REAL people is priceless!
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
Fibonacci reform in the region 55 to 65%Fibonacci reform in the region 55 to 65%
Failure to break the 200-weight moving average by price upwards
High price of conversion line
High price base line
P.S. as I don't use like-bots and other solutions that show great "interest" to my posts, I will be grateful if you support my work by your LIKEs and comment. Of course, if you can do it. The feedback from REAL people is priceless!
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
QUIS.V -- Raised $16M @ .75. Trading at discount. US expansion.QUIS.V is being seriously overlooked here, imo. Data management/cloud services, getting a lot of business during COVID-19 pandemic including from healthcare sector. Announced $5M bought deal placement @ .75 and it was upsized to $16M with some serious institutional backing (Eight Capital, Scotia Capital Inc, Clarus Securities Inc., Raymond James Ltd., Echelon Wealth Partners Inc., Beacon Securities Limited). Insiders took $200K @ .75. Financing is now closed. Expansion to Southern US to come shortly. Trading at discount. Gap at .88.
"The stock market is not the economy"There is an increasing divergence between S&P 500 valuation and the U.S. national unemployment rate.
What are the most likely explanations?
PYPL enters a weekly bullish trend. Expect Uptrend continuationPayPal Holdings Inc (PYPL, $168.05) is predicted by my A.I.dvisor to grow by 2% to $171.41 or more within the next week. With its winning streak extending for a consecutive week, PYPL is expected to continue climbing following the week-long Uptrend ― the odds of an Uptrend continuation are 88%.
Bitcoin : I think it's a little early for Short ! Hello.
I think that short position will not be brought to the agenda without ensuring permanence under the green trend line for Bitcoin.
Cryptocurrency Terminal :
Comment
Hashrate and Bitcoin Total Transactions data seem healthy.
In general, we can say that Blockchain data is above average.
We bring short positions to the agenda when a few bars below the green trend line are permanent .
Let's notify each other.
Regards.
Iron Mounting Turning Into Mole HillsIron Mountain has a terminal core business that is losing physical document storage at the local level to local competitors with "in town" connections. The shredding business is dying quickly. The data storage that they spent mountains of money on is plagued by inadequate resources and a shit sales team. The company has a huge debt and only held on in the recent quarter BECAUSE business slowed. As offices get back to work, Iron Mountain will lose more document storage contracts at the local level. And, they will never put a dent in the data storage space competing against the tech titans. The company will sell the data storage business and cut the dividend to survive, not necessarily in that order. Technicals show a price in the teens soon.