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PLUG- Future of hydrogen clean energy is uncertainPLUG is arguably the leader of hydrogen fuel cell company. However, there are several concerns that need to be addressed. #1. Hydrogen clean energy is still at the proof-of-concept stage and the natural gas industry seems to be its biggest advocate. Hydrogen gas is emission-free only if it's made by electrolysis from renewable energy. #2. Currently, major renewable technologies include hydroelectricity, solar PV and wind power. Unlike solar and wind power, hydrogen doesn't occur naturally and needs to be manufactured from natural gas. This means that the significant time and cost will go toward setting up expensive infrastructure, storage and distribution networks making hydrogen power much harder and much more expensive to scale compared to solar and wind. #3. Personal transport is one of the biggest application of the hydrogen, yet FCEV (Hydrogen) is steadily losing ground against BEV (Battery Electric Vehicle). The falling battery price and EV tax credit will only accelerate the adoption of EV, further widening the gap between FCEV and BEV. #4. Sky high valuation and recent accounting issues. I'm ambivalent toward PLUG and other fuel cell companies in general. However, I think it is a speculative bet and a good candidate for the swing trade given that one of the focuses of Biden's 2.25 trillion infrastructure plan is renewable power and that investors just love to throw their money on anything related to green energy due to the global decarbonization initiative that aims to reduce the CO2 emission by 50% in 2030. I would initiate a small long position inside the demand zone. Conservative play is to set the target at the daily POC and exit completely. Alternatively, you can sell 50% and keep the remaining position as the potential long-term holding. Do your own research. Not the investment advice.
NASDAQ:PLUG
by Libratus
$TIGR bearish or bullish?$TIGR is currently on two pattern indicators. Macro it appears to be heading towards the top of a downward channel. This would appear bullish and a break of the channel could lead to the start of a Wave 3/5 the largest wave. Alternatively there is a bear flag forming on the hourly. The downward trend of the last two months could have a 5th leg and I would project a bounce of the top of the downward channel. I made some resistance points for each theory. Orange are Fib based resistance zones and red are where volume resistance will meet Fib resistance. A break through of any resistance above the channel is extremely bullish.
NASDAQ:TIGR
by NapoleonStockS
Risk Management - how not to lose your moneyLet's say you're new to trending. You have a deposit - for example, $ 10,000 - which you are ready to invest in earnings. And you come to the market with one thought - how to make more money! Stop! The first question that you should ask yourself before starting trading is: "How not to lose the money you already have?" Risk management will help you with this. There are many different "chips" and rules in order not to drain the deposit (and we will definitely talk about them in more detail). But today I want to discuss the most important rule: setting a risk limit. Different traders will give you different numbers. Someone considers the optimal risk of 5% of the deposit amount, someone - 7%. But everyone agrees that the amount should not exceed 10%. If a person tells you that you can bet more than this amount, he is not your friend. I believe that 1% of the deposit is optimal for beginners to trade. Few? No, it’s enough to make money and not enough to sell the house in case of failure. Above is a table with comparative risks - how much and how quickly you can lose depending on the percentage. I'll take $ 10,000 as an example. In this case, 1 percent of this amount will be $ 100. $ 100 is 0.1 lot to open a deal. This means that 1 pip on the chart will cost us $ 0.1. Maximum drawdown is the number of points that the price must go through in order for us to lose money (or, conversely, to earn). For example, the EURUSD currency pair can pass 1000 points per day. As you can see in the table: trading with an acceptable rate of 1% in case of failure will deprive us of only $ 100 10% - already $ 1000. 100% - all $ 10,000. Yes, if we succeed, we will be in the big plus. But the risk also increases. If you are a beginner trader, don't risk your capital. Open deals starting from a 1% deposit. If you are experienced... You can assume that I am conservative, but I also advise not to use more than 1% of the deposit. However, you are free to choose the percentage that is safe for you based on your background and strategy. ______________________________________________________________ Share with us what risk limit do you use in trading? Why choose this one? What other risk management rules do you want me to talk about?
Education
by DeGRAM
16
AUDCAD: WILL IT CONTINUE ITS DOWNWARD CHANNEL?Since September a downward channel has formed on the OANDA:AUDCAD 4H chart. For several times already the RSI is working in conjunction with the trendlines. Possible exit of the short position would be the 0.92 – 0.915 area. For a low risk, high reward trade put your stop-loss around 0.943. A much less risky trade would be to put your stop-loss around 0.958. ................................................................................................................................................................... If you like this analysis, please like, subscribe and comment. ...................................................................................................................................................................
Short
by FieryTrading
WAVES - From the Hodl to the Grave? Or Rocking the Boat?WAVES is a blockchain protocol used to make dapps; among other, fairly standard offerings like smart contracts and wallets. It's been around for a bit, rewarding long term investors with 80% losses at this moment from it's highs at listing. Hodl and wait you say? Well you have fun with that. On the WAVESBTC 1D we've got an interesting potential situation forming up. What I see: We've been trading in a downward channel after we finally saw a very long, very disappointing bullflag come to an end. This downward channel has been posting steady decreasing volume, with the smallest sell volume being this week. MACD is posting small reds, and we're nearly touching for a reversal. Stoch looking hungry for more growth with a cross, still in undersold and room to go. EMA this pair bounces off it's EMA 100, often very strong, or rides it like... well a wave... I've put rectangles around each crossing of the EMA 100 in the past year: Purples we hit the MA and hung out underneath it trading sideways for a while, then recovered. Greens we hit the MA and rebounded. With every rebound but one being decently aggressive. The last rebounds produced a pump, a retest, then an almost 200% pump. We just tested EMA 100 for the first time since this pump... BUYING IN? This has a lot of potential, you have pieces coming in to place that haven't been there in a while. Wait for confirmation before making a move. If you decide to buy the retest make sure you SL appropriately if it goes south. Buying the breakout would be safer ultimately. TPs & SL are on chart and listed below. TP TP#1 - 0.0002700 TP#2 - 0.0003050 TP#3 - 0.0003300 TP#4 - 0.0004000 SL: 15-20% Max It could also just trade around EMA for another year and a half. 🥳 -- "Not only strike while the iron is hot, but make it hot by striking." - Oliver Cromwell, (potential bull?) -- I'm a guy that you don't know posting his ideas on the internet for the sake of improving as a human being. If you take this as financial advice, that's on you. If you like my analysis, then leave a like and feel free to follow for more free content. Feedback, criticism and crude humor are welcome :)
WLong
by cryptosince1963
4
COMP - Nice Safe Entry Point at a Good Time. In Depth DeFi - 1I'm going to go through all the major DeFi Crypto offerings over the next little while. Calling it "In Depth Defi". Instead of "In DepthFi". Still unsure on that one. If you like it, enjoy, and feel free to leave a like. If you dislike it, also leave a like, just aggressively click the button. I'll be able to tell the difference. COMP is a pretty major DeFi protocol token, that had a recent ATH around $273, before a swift decline back down to the bottom support level. Recently, Swipe announced they are launching a "LendFi" on their Visa card, which will utilize the Compound protocol. At the moment, we're sitting right around our historic bottom support, in a downward channel. This is potentially a nice safe position to get some long term gains. MACD is showing a bullish cross incoming with shrinking bear divergence. Stoch is strong, not overbought, and heading to a bullish cross. EMA we're below EMA 50 & 21 . Sell volume steadily decreasing. BUYING IN? I think there's lots of room for this to go up. Safest course of action is wait for a breakout but we are at the historic bottom, so chances of it going lower are relatively low. TP's Short term: 139.00 Long term: #1 - 148.00 #2 - 155.00 #3 - 162.00 #4 - 186.00 #5 - 202.00 SL below current bottom. If it breaks the support may be a total collapse. -- Nobody owes anybody a living, but everybody is entitled to a chance. - Jack Dempsey -- I'm a guy that you don't know posting his ideas on the internet for the sake of improving as a human being. If you take this as financial advice, that's on you. If you like my analysis, then leave a like and feel free to follow for more free content. Feedback, criticism and crude humor are welcome :)
Long
by cryptosince1963
2
LINK - A brief analysisQuick one this morning. "Sometimes good things fall apart so better things can fall together." - Marilyn Monroe LINK was once a monster, with questionable merit granted, but the numbers don't lie. Since it's peak we've seen steady declines. Historical support was just smashed through the other day. I'm predicting further declines. LINK tends to trade on fib levels, the ole' self fulfilling prophecy, so below $8 I'd start eyeing the buying. We're also seeing a pretty steep downward channel being formed. Breaking out of this around the buy level would be my trigger to make a move. BUYING IN? Not right now. Clear downward channel and not enough signs of a strong reversal. Recent historical support broken and like it's fib levels so this is probably just a stop on the overall drop today. When I do buy, I'd be aiming around 12.25 & $16.75 for TP points. Though I don't expect miracles here: LINK has come back to earth with a thud and I would be surprised if it didn't scare a lot of the more sensitive folk off. Good luck, be safe, and have a great day.
by cryptosince1963
11