$WMT good entry point (4/5)Conviction: 4/5
Thesis
at former resistance-turned-support (2008 peak)
near channel (2016) support
very cheap (P/S of 0.67), although more expensive relative to own history
RSI-W not overbought at all
RSI-D showing possible bullish div
Risks
balance sheet is a bit weak (low quick ratio)
February
Silver at good mid-term entry (3/5)Conviction: 3/5
Still bouncing around in (what seems to be) a bull-flag. How hovering at a strong support level (2014).
At least a good trade until top of flag channel, although I think (pure personal opinion) that silver has potential to reach ~$50 level if elliott wave OR bull flag is correct.
For this to be confirmed, should wait until prices break above resistance level... so entry here is more speculative... but still provide good R:R
$CRM Expensive, but some ST value (4/5)Conviction: 4/5
Main Risk: Riding top of channel since inception (2004)
Quite expensive P/S of 8.5 relative to S&P500 of about 3
Thesis:
Seems to be trading in range since surge in 1/2 half of 2020, now at the bottom of range in the last year.
RSI-W at very attractive levels.
Trading between 100WMA and 200WMA and have never gone below 200WMA after recession of 2008.
Seems like a good play.
What Is the Future of Crypto and Bitcoin in Short and Long TermsBitcoin fell down fast at the first days of the New Year’s Eve, and just a few days ago, on January the 8th, it was getting sold just about 40K USD. The crypto market is highly inflated. Inflation of crypto market and Bitcoin following the New Year’s Eve, and especially after the Kazakhstan governmental shutdown of the crypto mining networks, potentially might be bearish, not only to the cryptocurrency value but also to the stock market over the early months of the year. Meanwhile, experts analysis proofs long term increments in crypto market price that would just pass 80K USD in near future this year, and then possibly it might hit 110K USD, and much more. Thereby, as the Bitcoin value badly hit 40K USD (as a short term falling minimum) last days, and on the contrary as the crypto markets just had some good trades last days, and especially while meaningful hopes are brightly observable at the sight showing that the crypto markets are getting boosted again over the next days by a higher rate of impressive traders, thereby, fortunately, the cryptocurrency market shall hit a desirable value, once again, too soon (above 45K USD). But because of vast social stress over the current pandemic that what if probably the CoVid issue affects the Digital Money, and also because, as it was discussed above, the Kazakhstan’s cryptocurrency mining complaints yet threatening the crypto market, it might be predictable that the next month would not be such a good month for the crypto and stock markets and for the investors (and the price may fall below the 40K USD broker). Below, I have just illustrated a schematic chart eliciting my self-opinions regarding the effects of the moving average bars on the Bitcoin price just during the Jan of 2022.
Look at my personal-forecast of the Bitcoin price in short term (The snapshot of the chart of current idea)
Now, after a distinguished increment in crypto price once, over the next days in late third quarter of the Jan, 2022, thereafter, it could be not an ideal market for crypto during this Feb. But following the spring we must see a huge difference in the crypto markets value hopefully.
Bitcoin to continue its Megabull towards $333K by February 2022Hey all!
I have been extremely busy at the personal and business level but I found free time to update you all on my thoughts on what happens next for Bitcoin following the approval of the first US Bitcoin ETF! For those who have not subscribe yet to my chain simply hit that Like and Follow buttons to receive the latest notifications/updates.
If you are wondering if you should purchase/buy/long BTCUSD here at $58-55K, I would say YES since it has retested the ATH and I have actually called the pull back from the ATH at $64-66K back to 57-55Ks a while back (my followers had that info a while back).
I believe that you or anyone could still make roughly 400% gains if BTC goes from $62,000 to $333,333 by February 2022 based on my fractal. How could it be possible you ask?
Well thanks to first US ETF being approved for trading, there is a lot of "smart" and "dumb money" flowing into the Crypto Market, more than any other Megabull run market we have seen in the past as the world embraces digital currencies through mass adoption.
Anyways here is what I expect in the incoming weeks:
1. BTC to bottom at 58-55K and run to $85-87K by December 2021
2. By December 2021 BTC will have a sharp sell off for tax harvesting/loss down to retest previous top holding as support at $68-66K~
3. BTC will bottom at $68-66K and will for the first time in history extends its Megabull past December into January-February
4. BTC will put a final Megabull top in February 2022 at $333,333
Looking distantly ahead at the next bear market of 2022-2024, we can expect the final bottom to be at $120,000-100,000 which would be our potential buy/long target then! The worst outcome would be a bottom at $81,000-75,000 but that's unlikely in my opinion.
Best of luck and happy trading!
Carl M.
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The timing accuracy on my earlier BTCUSD Megabull fractal is mind blowing here (click play) and were still on track!
Bitcoin potential falling wedgeBitcoin could form a potential falling wedge.
It could as well as break upside as each triangle breakout as it could range lower for the whole February month like in 2017.
If it ranges between 27,000$ and 30,000$ for one month, it could finally touch the SMA 100 which is a crucial support in a Bitcoin bull market where it usually bounces back, recovers, forms a new trend and reach a new potential ATH.
For traders this is a good period to Swing and/or Scalp and for holders to do a DCA and accumulate more bitcoins.
Litecoin BreakoutLitecoin is having a Bullish Cycle with an Elliot Waves Pattern . This also is Supported by its Fundamental Analysis .
Lite Pay: twitter.com
When does LitePay launch?
Litepay is on track to be released on February 26, creator of Litecoin Charlie Lee said on Twitter.
It has been called a “game-changer for Litecoin” by Palwasha Saaim, a Research Analyst at Lombardi Financial.
She said: “It would allow businesses to accept Litecoin without worrying about price volatility.”
Retailers do not have to worry about price volatility because the payment can be converted into dollars immediately.
When businesses accept the cryptocurrency at a given price at a given time, they will be paid that final value - they do not have to be concerned about any price changes.
Next Buy Zone: $205
Target 2- $285
Target 3- $320
Stop Loss- $195
BITCOIN ( I MEAN BITCON) TO GO LOWER LOWS 9/2/2018Please take a look and not much to say other than you can make up your mind, if there is anything i'm missing please do let me know, otherwise to me for my own advice im not going into a trade until it hits the lows and then im moving in on the trade, but never the less thats my thoughts---------
Bitcoin Mid Februrary Alternative CountHi Traders, this is my Bitcoin prediction until mid February.
The yellow tunnel must hold until mid Februrary. Buy options for long term in the green boxes.
White line is how this chart could go, pushing edges trying to break at all resistenses.
Blue lines are previous resistentes, which in another way act as a support.
If this yellow tunnel breaks - sign of a very bullish uptrend!
If the blue line breaks, 100 moving average -aign of a very bullish uptrend!
A break is confirmend when a full candle on 1h chart is successfully closed completely above key level.
Either way - its going to go up! Great buying opportunity at all these levels.
Good Luck!
Whyking
Bitcoin Analysis until mid FebruaryHi Traders, this is my Bitcoin prediction until mid February.
The yellow tunnel must hold until mid Februrary. Buy options for long term in the green boxes.
White line is how this chart could go, pushing edges trying to break at all resistenses.
Blue lines are previous resistentes, which in another way act as a support.
If this yellow tunnel breaks - sign of a very bullish uptrend!
If the blue line breaks, 100 moving average -aign of a very bullish uptrend!
A break is confirmend when a full candle on 1h chart is successfully closed completely above key level.
Either way - its going to go up! Great buying opportunity at all these levels.
Good Luck!
Whyking