Finance
COMPUND FINANCE (COMP) Looking Nice.Looks like we're sailing towards some price appreciation in the days to come. Blue chip DeFi projects such as Compound Finance will perform well throughout this year. Decentralized lending protocols play such a vital function in DeFi.. We're oversold on the daily Stochastic RSI and about to bullishly diverge on the MACD. I'm liking how COMPs chart is looking moving steadily sideways. May be a decent time to get in on a short term. Only 10,000,000 coins and 55% are already circulated. COMP has great potential to easily be a $1,000+ coin this cycle. Good Support at $400!
Peace, love, health, and wealth be with you.
30/08 BTC/USDT ANALYSIS - ALTUS.FINANCEGreetings TradingView!
We are observing something really great here, Bitcoin has been trading in an ascending channel since the 20th of July. Today, just a very short time away from the monthly close and we are experiencing great market indecision as we continue to trade within a tight symetrical triangle. Its difficult to say where the price will go from here as that is the nature of this charting pattern but what we do know is that we are in a clear uptrend, our stance is short term neutral and long term bullish.
Bitcoin has been making a series of higher highs and higher lows, its on track to retest $50,000 once again, next week.
Happy Trading!
ALTUS
$PYPL | WEEKLY WATCHLISTBasing very nicely after quite the pullback from the highs which looks healthy. This week, we can potentially see PayPal confirm upside if we can break above key resistance level shown. Looking for an impulsive move up to the $285-288 region. My fractal is denoted in the light blue candle pattern and lines up with my bullish thesis nicely. Just something to note.
LFT Nearing Fair ValueLFT (Lument Finance trust, Inc.) is a commercial real estate investment trust with a fair value per share of $4.55.
Fair share value per share is on the 261.8% extended Fibonacci level at $4.55
Overall, LFT has relatively healthy finance ratios, although the price to sales is a little alarming, with bullish technicals on the daily and weekly timeframe.
AIRBNB (ABNB) | Short-term Breakout, Wait For a RetestHi,
AIRBNB made quite a solid breakout after Reuters reported that the company has offered to provide free, temporary housing to 20,000 Afghan refugees worldwide. Do your own analysis and if this matches with my TA then you are ready to go. Wait for a retest of the breakout area!
Regards,
Vaido
FIS Stafi (Staking Finance)
Good project, good team.
And good chart, we have a nice consolidation now
Low cap ~70m cap.
BITCOIN FIBONACCI LEVELS THAT YOU NEED TO USE!Greetings TradingView!
We have compiled two crucial fibonacci pulls that you need to incorporate in your day to day trading.
The fist fibonacci retracement is set from the all time high to the low of this run after the big mining dump.
The second fibonacci retracement is set from the local high at $49,752 to the low of the dump, around $28,859.
Get these retracement levels into your charts now and start playing around with them!
Happy Trading
ALTUS
IBM | Technical Breakouts, Waiting For a RetestHi,
IBM got a rejection from quite an important area and the rejection guided the price through some strong price levels - breakouts.
Do your own fundamental research and if this matches with my possible bullish scenario then wait for a retest around $117 - $134 and you are ready to go.
Happy Independence Restoration Day in Estonia!
Regards,
Vaido
Alibaba (BABA) | Technically Inside a Long-term Buying Area.Hi,
Technically I can give a confirmation but fundamental research is your own thing. I recommend doing it because there might have a few issues. Yes, few not one, so think carefully and act if you have green lights from both analyses.
Regards,
Vaido
18/08 BTC/USDT PRICE ANALYSIS - ALTUSGreetings TradingView!
Bitcoin is currently sittingwithin this symetrical triangle and appears to be testing the point of control (POC) for its current range . It looks like we will be going up from here to test the value area high (VAH) next. Then, go on to testing the top trend line. We will be looking to breakout trade the top of the trend line or short it depending on market conditions at the time of review.
Happy Trading!
ALTUS
AUGUST ETH/USDT TRADING LEVELS - ALTUS.FINANCEHere you have a complete set of support and resistance trading levels for the ETH/USDT pair for the month of August. Pay attention to these levels along with your favorite indicators to prepare for entries and exits! Trading level to level is crucial and can teach you a lot about market psychology.
Timeframes:
- Monthly (PINK)
- Weekly (GREEN)
- Daily (WHITE)
Happy Trading!
ALTUS
AUGUST BTC/USDT TRADING LEVELS - ALTUS.FINANCEGreetings TradingView!
Here you have a complete set of support and resistance trading levels for the BTC/USDT pair for the month of August. Pay attention to these levels along with your favorite indicators to prepare for entries and exits! Trading level to level is crucial and can teach you a lot about market psychology.
Timeframes:
- Monthly (PINK)
- Weekly (GREEN)
- Daily (WHITE)
Happy Trading!
ALTUS
Ripple analysis XRPUSD In Ripple analysis, we see a dynamic resistance of $ 1.08. From here 3 patterns can occur. Pattern # 2 occurs if the $ 0.817 support is broken and pattern # 3 occurs if the $ 1.085 resistance is broken and stabilized, in which case it will move towards the $ 1.39 - $ 1.4 target. Possibility to make pattern number 2 less <Pattern number 1 <Pattern number 3. Either way, the medium-term target will be $ 1.4
FAZ Weekly - swan sighting?FAZ weekly chart presented and comparing last two price run ups to current condition.
AO appears to want to go positive. See chart for price reaction last two times this occurred on the weekly.
RSI bouncing off 18 month low with harmonics generally supporting a turn soon. Plenty of upward room for the stoch, but it does appear to be faltering a little here.
Note large volume buying of FAZ starting mid-June 2021 and a lot of overall interest in this derivative since just before the COVI-crash.
This volume isn't retail.
They say you cant' predict a black swan event but FAZ seems to be sensing something wicked.
Not financial advice.