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$SOFI is oversold 👁‍🗨*This is not financial advice, so trade at your own risks* *My team digs deep and finds stocks that are expected to perform well based off multiple confluences* *Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management* Today my team entered digital finance company $SOFI at $10.25 per share. Our take profit is $12 with a stop loss at $9.75. Our Entry: $10.25 Take Profit: $12 Stop Loss: $9.75 If you want to see more, please like and follow us @SimplyShowMeTheMoney
NASDAQ:SOFILong
by SimplyShowMeTheMoney
3
Yearn Finance: A World of Painthis is a "governance" token, with a paralyzingly high per unit value ($20,000 and up) the team has no regard for establishing traits to justify the YFI token to have any non-speculative value. solutions may involve: 1. revenue payments to YFI holders 2. token split - to normalize per unit price in context of other altcoin crypto assets 3. compensation of revenue per participation in governance decisions the software team building yearn finance are world class however the tokens are at face value nothing but monopoly bucks i see a massive dead cat bounce rally happening soon, followed by a very slow and painful 2022, and price never returning to the doorstep for $100,000
COINBASE:YFIUSD
by noam_chom
4
Crypto industry seeks to educate, influence US lawmakers as it fMuch like other activity in the digital asset space, crypto lobbying has been picking up during the past year. Interaction between the cryptocurrency industry and Capitol Hill is becoming ever more intensive as efforts to regulate crypto grow in tandem with its popularity. The surge in crypto industry lobbying last year was given some concrete parameters in February by crypto analytics startup Crypto Head. It released a report showing that the crypto companies that spent the most money on lobbying in 2021 were Robinhood, Ripple Labs, Coinbase and the Blockchain Association. These organizations were the lobbying leaders during the past five years as well, although with different rankings. Here is what the United States crypto-lobbying landscape looks like today. Metrics of influence Robinhood spent $1.35 million on lobbying in 2021 and was the only crypto-related organization to spend more than $1 million. Ripple Labs, in second place, spent $900,000. The Economist estimated a total of $5 million was spent by crypto firms on lobbying in the first three quarters of 2021. To put this in perspective, the highest-spending lobbying group in the U.S. in 2020, the National Association of Realtors, spent $84.11 million according to the nonprofit Open Secrets, which provided the data for the Crypto Head report. Blockchain Association executive director Kristin Smith said in an email to Cointelegraph that “Spending is only one metric of influence, and these roundups do not often provide context on the effectiveness of dollars spent.” Smith noted the Crypto Head report “mixes companies with different focuses, multi-member trade associations and other entities, making a one-to-one comparison difficult.” Smith said education is the top priority of her organization. She told Fox News last year, “Our number-one priority is helping Yellen understand crypto goes beyond the financing of criminal enterprises.” The crypto industry was not alone in lobbying for cryptocurrency. The National Football League spent $600,000 lobbying Congress, the U.S. Securities and Exchange Commission and other government agencies in 2021 with the goal of determining “whether crypto can be an integral part of the League’s business,” according to CNBC sources. In February, former presidential candidate Andrew Yang launched Lobby3, a decentralized autonomous organization that will lobby for Web3 and the eradication of poverty. Revolvers at work Crypto Head noted the presence of “revolvers” in the ranks of cryptocurrency industry lobbyists, defining revolvers as “government regulators, congressional staff or members of Congress who take jobs in lobbying firms, making the most of their insider knowledge.” The narrative became richer in February with the release of the Tech Transparency Project (TTP) report “Crypto Industry Amasses Washington Insiders as Lobbying Blitz Intensifies.” The TTP report documents the presence of “two former chairs of the Securities and Exchange Commission (SEC), two former chairs of the Commodity Futures Trading Commission (CFTC), and one former chairman of the Senate Finance Committee,” other former legislators and staffers of various sorts for a total of “nearly 240 examples of officials with key positions in the White House, Congress, federal regulatory agencies, and national political campaigns moving to and from the industry.” While the employment of revolvers is common practice in many industries, and not only for lobbying, TTP saw a potential conflict of interest in movement from the industry into government. Specifically, five “former top executives at Circle Internet Financial,” operator of the stablecoin USD Coin (USDC), have joined the Federal Reserve Bank of Boston “even as the firm is seeking a bank charter from the Fed.” The Boston Fed is also taking part in the Project Hamilton research on a digital dollar. Crypto PACs Political action committees (PACs) give the crypto industry another opportunity to influence the political process, and there has been a flurry of organizations on that front as well. The American Blockchain PAC was founded in November with the goal of raising $300 million for pro-crypto candidates. However, it was reported in mid-February to have raised less than $8,000 so far. In January, the $10-million Democratic Protect Our Future PAC was created, and donors include FTX CEO Sam Bankman-Fried. The Gonna Make It (GMI) PAC launched the same month with backing from former Donald Trump communications director Anthony Scaramucci, with a tweet declaring, “When we organize, when we mobilize, we are unstoppable. We are GMI PAC, a super PAC that will elect pro-crypto candidates in federal races across the country.” It intends to raise $20 million. Coinbase launched its second attempt at a PAC in February. It was a founding member of the Crypto Council for Innovation last April. Crypto politics in the U.S. promises to be interesting this year.
BITSTAMP:BTCUSD
by monicaagrizzi9
BTC Stopped at $45KAfter last week’s roller-coaster that transpired when Russia invaded Ukraine, bitcoin started to regain value and knocked on the door of $40,000. While it was stopped there at first, the asset broke down that door on February 28 and kept climbing towards weekly highs. This resulted in nearing $45,000 at the start of March. In fact, BTC touched that level twice in the past two days but failed to breach it successfully. The latest rejection came yesterday. Bitcoin briefly exceeded that level and marked a new 3-week high, but the bears stepped up and pushed it south by $2,000 to $43,000. It tried to reclaim some ground in the following hours but stands just a few hundred dollars above that intraday bottom as of now. Nevertheless, being more than 20% up weekly means that the asset’s market capitalization is well above $800 billion.
B
by gibsonlookey
Title : NQ1! H4 | Bullish ContinuationTitle : NQ1! H4 | Bullish Continuation Type: Bullish continuation Resistance: 14612.50 Pivot : 14144.75 Support: 13851.50 Preferred Case: Price is near pivot level of 14144.75 in line with 38.2% Fibonacci retracement . Price can potentially continue its uptrend to 1st resistance level of 14612.50 in line with 61.8% Fibonacci retracement and 127.2% Fibonacci projection . Our bullish bias is supported by the stochastic indicator as it shows a divergence Alternative scenario: Price dip to 1st support level of 13851.50 in line with 78.6% Fibonacci projection and 127.2% Fibonacci retracement Fundamentals : With impending rate hikes and Russo-Ukraine escalation, you can expect the Tech heavy NASDAQ to continue dipping. Investors continue to flock to safe haven assets leading to a downtrend continuation for NQ1! . As TA and FA do not align, we urge investors to stay on the sidelines.
CME_MINI:NQ1!
by Tickmill
PayPal (PYPL) | Possible Short-term Rejection AreaHi, Why short-term? Yes, after you have made your analysis, you can start loading your long-term positions also from the shown area but to me, it looks like it stays there for a while. Despite that, possibly we can catch the first movements upwards. Atm my scenario would be: bounce from the shown area to around +20 to +50% then back to around $100. For me, it isn't very logical that if we get a bounce then it would be the bottom. After such a huge slump the price needs to rest a bit but still, I would like to share this area for short-term investors. Do your own analysis and invest cautiously! Regards, Vaido
NASDAQ:PYPLLong
by VaidoVeek
8
MORE BEAR RUN FOR $GRTHello friends, GRTUSDTP As at the time of writing, $GRT is currently trading at 0.4295 support level and at 85.53% below its ATH. The last price action period was 15th October to 20th November with the bears gaining momentum and pushing the price further downward creating local lows. apparently, this protocol is very close to touching its ATL at the Fib level of 1. However, a possible Elliot's Wave pattern formation is in play with the first, second and 3rd wave almost completed if price should fall below the support its currently trading. If that happens, then support becomes resistance and we are to see price form another local high signalling the end of Wave 4 before falling below current Fib. The direction only encourages short trades DCA to bag more....(I think). Trade carefully as this might not be a Financial Advise due to the volatility of the crypto space. Thank you for reading, please your comments below as i would love love to hear your views
Short
by TentaclesMedia
S&P500 | Price Action Analysis!Hi, Quite "interesting" times ahead, yes? Over a long period of time, I would like to paint a technical picture of the S&P 500, let's analyze it a bit. Lately, the price has printed some bearish signs and possibly it's not over yet but it depends on some breakouts. Let's start from the beginning. The first bearish sign came in after the 20th January Daily candle close. After that, the long-lasting higher highs and higher lows got broken. Later the fall continued, plus the price pushed it below EMA200 - also haven't seen it since the end of May 2020. So, technically we got that "alert" at end of January but let's look further. After the price of SPY traded some days below EMA200 it got a bullish volume from the previously worked support level but the volume wasn't strong enough to push it above the strong area around 4550. Another sign that bulls are weak - lower high was printed around 4550. Basically the current price of S&P trades between the two strong areas: resistance ~4550, support ~4300. S, if anybody searching for breakout possibilities then these levels should be on your watchlist. The price is approaching a lower price level and the overall short-term tendency is bearish so let's observe a support area around 4300 and what will happen if the Daily candle gets a close below 4.3k. A Daily candle close below the prementioned price level will activate a bearish shart pattern called Head & Shoulders. In general, I'm not the biggest fan of chart patterns but if I do analysis then I use them to get a bit more information from the market. So, it will trigger the bearish chart pattern (candle close below the H&S neckline), it will print a new lower low and the strong area has been broken. Considering H&S target (Target = from Head to the neckline, copy/paste, neckline to target - shown with white dotted lines), considering channel projection, considering the waves of AB=CD then it should be land around 4000. Inside the marked landing zone is also the 20% slump from the AHT. "Officially" the SP500 price is on the bearish market after it has seen at least 20% correction. Considering correction at the end of 2018, then it will also act as a support - bounced back up after a 20% drop from the top. SUMMARY: We have seen some bearish signs, a Daily candle below 4,3k will bring it more so be patient and if you want to enter in some certain stocks then do it partially. Do not put all-in in one price level because, as said previously, the times are interesting. If the price reaches around my shown landing zone then it would be great to start building your positions from there but still, be cautious! To end it with a positive tone in mind then a bullish breakout would be a Daily candle close above 4600 ;) Regards, Vaido
U
by VaidoVeek
1
Redditor stashes away BTC worth $100 to public library In a fun and fortune-finding experiment, a Redditor has locked away $100 worth of Bitcoin in a public library “somewhere in Europe” until 2122. There’s never a dull day in Bitcoin (BTC) land. Despite that markets calling for a lull, the creative Bitcoin community always has cause for amusement. Yesterday, a Redditor by the name of Optimal-Dentistador (henceforth, OD) queried the longevity of the Bitcoin network with a time-lapse challenge. In a post made to the Bitcoin subreddit, OD “wrote a letter and also put the private keys for $100 worth in BTC.” In private communication with Cointelegraph, they disclosed they “put 0.003 BTC on a new address, put the private and public key together with the letter in the envelope, and here we are.” The life-long experiment was inspired by recent events put on by the public library in OD’s city–which will remain secret at OD’s request. They told Cointelegraph that in their cit: “There was an event where you could write something like a letter, poetry or a diary which will be stored for 100 years. If you write some personal info on the envelope, they will try to find some living relatives to give them.” OD decided to put “something special” in the time capsule, namely the public and private key details to 0.003 BTC, roughly $100 at today’s rate. They told Cointelegraph, “I will tell my family about this,” however, OD also jokes they may “eventually forget this whole thing, who knows what will happen in the next decades.” The Reddit community was quick to note that while 0.003 BTC may be a trifling sum in 2022, it could be considered a market-moving amount in one hundred years: OD was quick to joke that in today’s world, it’s a bit like finding the “Bitfinex hack amount of money” in a letter. The Department of Justice recently seized $3.6B as part of the debacle associated with crypto exchange Bitfinex. Related: Reddit is testing out NFT profile pics, but ‘no decisions have been made’ Given that the letter will not be opened until 2022, one Redditor, “fontinuos” commented that it’s “sad to think every single of us will be dead and won´t see the outcome.” OD agrees that while it’s a fun experiment, ultimately the outcome is “a grim feeling.” Still, the meme value is strong, and OD’s offspring may enjoy riches. OD signed off to Cointelegraph saying, “see you in 2122, the ultimate diamond hands :)”
BITSTAMP:BTCUSD
by monicaagrizzi9
Clover Finance, end of the downtrend?Clover Finance is in down only trend for weeks. End of january has seen some nice volume kicking in and downtrend not as strong as it was before. Some buyers coming in the market. Now the price is in beautiful flat consolidation. This could lead to a trend reversal. Easy to find an entry if price can manage to break this consolidation up. Esay to cut the trade if price start going down again. --> Huge Risk/reward ratio here with a clear invalidation point. Interested in more market analysis and teaching? Join us at Subverto Trading Club !
Long
by SubvertoTradingClub
$MQ swing trade*This is not financial advice, so trade at your own risks* *My team digs deep and finds stocks that are expected to perform well based off multiple confluences* *Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management* Recap: Marqeta $MQ has developed a card issuing platform that provides clients such as Coinbase, Doordash, and Square with the infrastructure and tools necessary to offer payment options without the involvement of a traditional bank. $MQ generates the majority of its revenue through transaction fees for cards issued on its platform. My team took advantage of todays dip and purchased $MQ shares at $14.25 per share. Our first take profit is $17.50. FIRST ENTRY: $14.25 TAKE PROFIT 1: $17.50 TAKE PROFIT 2: $19.50 If you want to see more, please like and follow us @SimplyShowMeTheMoney
NASDAQ:MQLong
by SimplyShowMeTheMoney
6
Mannapuram Finance for mid term 1) 3 Resistance at the top 2) Multiple supports at the bottom 3) Ascending Channel pattern is formed for more than 3 yrs 4) In Weekly time frame it shows pretty huge buying pressure,which is a good sign for buying 4) Whenever it touches the supports, it gives pretty decent returns by holding at least for 3 to 4 months 5) Risk Reward Ratio 1:4 Disclaimer : Just for education Purpose. Caution before get in to trading. Thanks Happy Trading :)
NSE:MANAPPURAMLong
by VigneshvarMylsamy
1
Berkshire Hathaway B: Previous support provides good risk/rewardBerkshire Hathaway B - Short Term - We look to Buy at 275.30 (stop at 268.50) We look to buy dips. We are trading within a Bullish Ascending Triangle formation. Previous support located at 275.00. The primary trend remains bullish. We look for a temporary move lower. The bias is still for higher levels and we look for any dips to be limited. Further upside is expected although we prefer to set longs at our bespoke support levels at 275.00, resulting in improved risk/reward. Our profit targets will be 293.50 and 296.50 Resistance: 288.70 / 293.50 / 300.00 Support: 275.00 / 271.00 / 247.00 Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features. Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
NYSE:BRK.BLong
by Saxo
USD/CAD Bearish Continues. USD/CAD got rejected at the 1.2800 psychological level, which also happens to fall below the 200-day SMA on Jan 6, these technical levels kickstart the pair bearish phase. The price fell by almost 200point before hitting another Quasimodo support zone at 1.2630, which creates a ripple in the price and gives a chance for the buyers to push the up to 1.2700 that falls below the 50.0% fib correction zone. A short position is good after another correcting hit the 21 or 50 days SMAs.
Short
by Adefxc