Dogecoin Daily TA : 01.12.22 : $DOGEDoge Coin's old important support has become an important resistance , and the price is currently trying to break this important X-Point resistance, the price closing above 17.5 cents will be very important for us.
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👤 Arman Shaban : @ArmanShabanTrading
📅 12.Jan.22
⚠️(DYOR)
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Facebook Short continuation Possible#FB
Nailed FB puts last week on break below 336 level down towards 322.50. We did see a bounce here on Thursday but rejected again at 336 Friday. Back below 322 this could see a quicker drop down towards 306 support. Keep in mind we have an unfilled GAP here with a target of 317. This could set up for A quick DT under 322.50 to Gap Target. Id wait for 340 for calls here
FB | Good Buy Opportunity. Get Ready!When it comes to FACEBOOK , last day market closed near 336 and it is right now near the previous demand zone, where most buy orders are waiting to be filled. From there we could expect a nice bounce off and good impulse to the upside. On the way to the upside, we should expect a resistance from T1, which was a previous resistance area. From there you may book the partial profit or close the position.
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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.
BITCOIN 6H TA : 01.01.22 : $BTCIn the 6-hour time frame, we see that the price is still trading in the neutral range, but last night the monthly candle did not close in good condition , but again, if we want to be 1% optimistic, we can say that the Close of the monthly candle was higher than the Open of October candle. Also, it is better not to prejudge the market and wait for a strong breakout (either from below or from above) until the price is out of the neutral range.
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👤 Arman Shaban : @ArmanShabanTrading
📅 01.01.2022
⚠️(DYOR)
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COSMOS Daily TA : 12.30.21 : $ATOMAll supports and resistances are marked on the chart. As we can see, the price is in an important range and recommended to keep an eye on it ...
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⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 30.DEC.2021
⚠️(DYOR)
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GALAUSDT Daily TA : 12.30.21 : $GALAAll supports and resistances are marked on the chart. As we can see, the price is in an important range and recommended to keep an eye on it ...
Follow our other analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 30.DEC.2021
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
Swing trade on Meta PlatformsNASDAQ:FB has found support, initially at the horizontal level, then the 200EMA, and finally it's back above the 50EMA. This is a sign of a bullish security.
A swing trade can be taken here, targeting the recent high. A stop level set below the recent low that's below the 200EMA.
$FB: Long here...I think we now have a decent setup in the company formerly known as Facebook. There were some sick runs in the $META etf and names like $RBLX, $NVDA, $U, gaming/metaverse related cryptocurrencies, etc.
Some of that money can go back into $FB here, which hasn't moved as much, and has a nice base showing accumulation by smart players. Long term, the chart is still in an active quarterly timeframe trend, so there's plenty of time and upside left in the stock. Daily offers a good reward to risk entry to join that trend. If price holds up from here and doesn't breach the area below $330, we can expect a rather steady climb from here.
Best of luck!
Cheers,
Ivan.
Facebook Entry PointHello!
We see that there is a downside channel in FB stock. For the ones who ask the entry level to that stock is around 357$
Why?
1. We should be sure that the downtrend is over (Above the blue channel)
2. We should believe that the resistance area (red area) is broken upwards.
So, do not hurry to go long for facebook, just wait the right time.
Stay safe!
FB Bullish SentimentMarkets had a significant high beta pullback rotating portfolios and now the rebalance is here in my opinion. Time for $FB to retrace upwards to Target 1 area between 333.42 to 336.94 and Target 2 between 344.18 to 346.64 with some hesitation around 341.92. I anticipate one or both of these targets to hit before the end of the 2021 year.
FB - Corrective wave on Weekly TFThis impulsive wave on weekly time frame for almost 4 years, started on 2018 of December, requires a price correction base on Elliott wave theory.
The 38.20% to 50% and up to 61.80% Fibonacci retracement of the impulsive wave is my expected drop of price, together with the 200MA pointing upward that will serve as support level.
Supporting this idea Death Cross sign on daily time frame is below.
* Death Cross
Facebook : Ongoing & upcoming trade(s)If you found a stock that you are so convinced that is so financially sound, currently undervalued, has a strong MOAT and very unlikely to be bankrupt in the near future then one of the fun but risky but very high rewarding strategy is to buy it's share price decline or I like to call it "correction"
Why 7% correction? I found that the average minimum correction that Facebook stock have and followed by a rally after rounding it up is 7%. A correction more than that does happen and it results in a rally after a correction. Yes this is very risky and you can say very dangerous. Do your due dilligence, establish if the stock you are evaluating fits the criteria that I mentioned above.. and stick to it until fundamentally doesn't make any sense
Buying the dip/fall ofcourse is not my only trading strategy. I do have a trend following/momentum based strategy. A TSI crossover gives a warning that a buy is soon to happen.. a break of the filter line and/or price structure, will prompt me to buy the shares. Currently I am in a +ve and no exit signal have been triggered yet
Price structure have formed (when a rally stops and followed by a bearish candle) and that is time for me to measure 7%, 10% and so on where I put limit orders.
Facebook - What is going to happen?-Will the tech crash after today's FED meeting or are we going to actually see a rise?
-Well, as much as we want to see that rise soon, realistically speaking, we need to find a good ground first. We see a potential drop to S2 and even S3 before FB can rise back to the top with confidence. The recovery will be super short due to the tremendous attention to the tech sector this year.
-Demonstrated on the chart are 2 possible outcomes from this meeting.
1) 1st outcome is the positive one where FB is not getting affected negatively.
2) 2nd outcome is the negative one, where FB falls to S2 and S3 seeking the next support.
Meta Platforms | Fundamental AnalysisMeta Platforms, formerly known as Facebook, has been getting a lot of attention lately, primarily because of the reasons that led to the name change. The company has stressed that it will actively invest to become a leader in the metaverse. The move has divided investors into two camps.
On the one hand, the move to the metaverse expands the overall addressable market, which could provide revenue growth for more than a decade. On the other hand, some investors worry about the resources of time and capital that Meta Platforms can devote to a project with uncertain results. Nevertheless, the company's core business, social media, is experiencing steady user and revenue growth on a huge scale. Let's try to better understand Meta Platforms' business and determine if the stock is worth buying, selling, or holding in 2022.
As you know, Meta Platforms' business is fueled by its family of social media apps, including Facebook, Instagram, and WhatsApp. These three apps bring together 2.8 million daily active users. More than a quarter of the world's population logs into one of Meta's apps every day. That's impressive and quite appealing if you're a marketer.
Meta apps are free to connect and use; the company makes money by showing its users ads. Of course, marketers are willing to pay more if their ads can be delivered to more people. What makes Meta's user base even more attractive to advertisers is that people are willing to reveal information about themselves, such as age, marital status, favorite movie, etc. Marketers can use all this information to target ads more effectively.
Improving efficiency increases the return on investment that markets get from advertising spending. For example, if a person reports that their favorite movie is "The Avengers," that's probably the perfect candidate to send out an ad for "Eternals," which is coming out in theaters right now. And as long as marketers see a good return on their investment in advertising in the Meta family of apps, they'll keep spending money.
And indeed, they do. Almost all of Meta's revenue comes from advertising, and the company's annual revenue has grown 45.8 percent over the past decade. Meta's social media business is doing pretty well, although revenue growth has slowed for four years in a row. This may be one of the reasons that prompted the company to announce an aggressive investment in creating a metaverse.
To help quantify the investments Meta will make in creating a meta-universe, the company is creating a new Facebook Reality Labs (FRL) reporting segment. CFO Dave Wehner said this segment will impact the company's $10 billion in operating income in the fiscal year 2021 and even more in subsequent years. The costs will certainly be high, but the rewards may be worth it, as CEO Mark Zuckerberg aims to have 1 billion users in the metaverse in about a decade.
Meta Platforms has a great business, and with its investment in the meta-universe, there is the potential for revenue growth over the next decade. The company's stock is also not expensive. On the contrary, trading at a price to free cash flow ratio of 26.5, they are near the bottom of their range for the past five years. The same can be said for the price-to-earnings ratio, which is 23.5. Great prospects right now, huge potential over the long term, and an inexpensive price point that makes Meta Platforms stock a buy for 2022.
FB Meta Platforms: Upside PotentialHello friends, today you can review the technical analysis on a 1D linear scale chart for Meta Platforms, Inc. (FB).
1) The price is currently in a Double Bottom Pattern with the potential of coming to a breakout area.
2) If price breaks out of the Double Bottom Pattern, it would move back inside a Parallel Channel it has been respecting since February 2020. It fell out of the channel in early October 2021 and has tried to regain access back into the channel.
3) The Volume is consistent.
4) The RSI (relative strength index) has a resistance line which the RSI is coming close to.
5) If price reaches the Double Bottom Pattern target, it would be a 20% upside move.
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As the year is coming to an end and holidays are almost here. I want to wish my friends Happy Holidays and ready for an exciting 2022! What are your thoughts for the coming year?
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
FaceBook (Meta) Downtrend continuesOn daily chart, dead cross (50 sma crossing below 200 sma) is about to happen. Fib Level 0.618 - $332 (the rectangle area) is a huge resistance which has been tried 4 times in December. Also 200 and 50 smas is suppressing the bullish movement. Looking for a breakdown to $300 area in near future.
Disclaimer: This is not a trading advice. I am not a financial advisor. Only for fun and educational purposes. I won't accept any responsibility if my idea fails.