BTC Correction Incoming? Fear & Greed Index Drops to 80!GM crypto bro's! 🌅 Fear & Greed Index drops from 88 to 80 today, but we’re still deep in extreme greed zone! 😬 BTC finally showing signs of correction after a wild ride.
Current probability points towards a pullback to the FWB:83K - GETTEX:82K range. 🧐 Let’s see if this correction deepens or finds support here.
Stay sharp, avoid FOMO, and always manage your risk! I’m Akki, signing off with one chart at a time. Have a nice day & stay SAFU!
Finance
Agape ATP Corporation (NASDAQ: ATPC) Q3 Results AnalysisAgape ATP Corporation (NASDAQ: ATPC) is progressing through a strategic gestation period, investing in key areas to drive long-term growth. While Q3 2024 saw a slightly higher net loss compared with Q3 2023, these numbers reflect ATPC’s commitment to building its foundation for sustainable growth.
Revenue reached $331,289 for the quarter and $962,971 for the nine months, slightly down year-over-year, as the company realigns its product offerings and marketing strategies to capture new market segments.
A significant contributor to ATPC’s current resilience is its complementary health therapies sector, which showed a revenue increase to $227,249 for the quarter and $688,415 for the year-to-date, reflecting demand for health services that align with wellness trends.
To further diversify, ATPC’s new venture in renewable energy—spearheaded by ATPC Green Energy Sdn. Bhd. (AGE)—positions the company within a high-potential sector committed to environmental sustainability.
Despite the current challenges in its network marketing segment, ATPC’s focus on refining this channel and expanding its product range indicates a proactive approach to overcoming temporary setbacks.
As ATPC completes this foundational phase, its broadening scope in wellness and green energy promises a strengthened and more versatile position in the market, setting the stage for a promising trajectory.
BTC Hits $93K! Is a Major Correction Next?GM crypto bro's! 🚀 BTC just hit a top at $93K! Fear & Greed Index is up again, reaching 88 — extreme greed mode is ON! Stoch RSI remains heavily overbought, making this bullish rally look ripe for a deeper correction. 📉
Personal outlook stays the same as yesterday; we’re seeing strong rejection around the 93K range. Expect potential corrections to revisit our yellow zone between 80K-77K. Keep your eyes on it! 👀
Stay sharp, avoid FOMO, and always manage your risk! I’m Akki, signing off with one chart at a time. Have a nice day & stay SAFU!
THE BULLS OF BITCOIN [TRUMP+ELON] We're coming out of our corrective pattern with the chance to break into a new ATH once break our ascending triangle. This pattern is often bullish but with CME futures gap in play we can still see another correction before we're off to the 2nd phase of our pattern. Keep an eye on the altcoins and notice the money flow cycle. > > as we make our correction or we see a continuation with our ELLIOT WAVE THEORY . As we enter Q4 we can see people selling for losses or taking profits as we continue to crash upwards into 2025 with interest rates projected to fall in Dec.
Buy. Hold. Realize your profits once your PT's are hit.
With Trump taking office along with Department of Government Efficiency
The digital gold rush begins now.
BTC Eyes $100K Target! Will This Insane Bull Run Continue?GM crypto bro's! Fear & Greed Index surges from 80 to 84, deep in extreme greed. Stoch RSI still in the overbought zone. 🚨
BTC peaked at 90,177, with minor corrections only down to 85K. The question is: will it keep pumping into the 93K-100K range? 🤔
My personal view? We might see a correction entering the yellow zone around 80K-77K, but don't rule out a continued pump toward 100K! 💥
Market remains ultra-bullish. Stay sharp, avoid FOMO, and always manage your risk! I’m Akki, signing off, one chart at a time. Have a nice day & stay SAFU!
Trading Idea: BloomZ Inc. (NASDAQ: BLMZ) | 12 November 2024Animation audio specialist BLMZ has recently showed a consolidation trend with a diminishing selling pressure (as indicated by volume). We see this as a potential start of a trend reversal, on the basis where BLMZ is able to sustain above its current key support level of $0.760. Regardless, we see this as a low risk trade as this support has been tested over multiple times in the past weeks, and we think this is a good chance for traders with zero position.
We rate "Trading BUY" for BLMZ based on the current junction.
Is Russia's Financial Fortress Built on Shifting Sands?The transformation of Russia's financial system has been nothing short of seismic. Once deeply integrated with global markets, Moscow's monetary landscape now finds itself in a state of radical reconfiguration, navigating the turbulent waters of international isolation. This shift carries profound implications, not just for Russia, but for the very foundations of the global financial order.
At the heart of this evolution lies the Russian Central Bank, whose Governor, Elvira Nabiullina, has found herself at the center of an unprecedented storm. Tasked with controlling inflation amid soaring interest rates, Nabiullina faces a growing chorus of dissent from Russia's business elite - a rare and significant development in a country where corporate voices have long remained muted. This internal conflict underscores the delicate balance the Central Bank must strike, as it seeks to stabilize the ruble and safeguard economic growth in the face of crippling Western sanctions.
Russia's financial system has demonstrated remarkable adaptability, forging new international partnerships and developing alternative payment mechanisms. Yet, these adaptations come at a cost, as increased transaction costs, reduced transparency, and limited access to global markets reshape the country's economic landscape. Consumer behavior, too, has evolved, with Russians increasingly turning to cash transactions and yuan-denominated assets, further signaling the shift away from traditional Western financial systems.
As Russia navigates this uncharted territory, the implications extend far beyond its borders. The reconfiguration of its financial architecture is shaping new models for sanctions resistance, the emergence of parallel banking networks, and a potential realignment of global currency trading patterns. The lessons learned from Russia's experience may well influence the future of international economic relationships, challenging long-held assumptions about the resilience of the global financial order.
Ryde Group Ltd (NYSE: RYDE), Powering Mobility Innovation throug Ryde Group Ltd, recently listed on the NYSE American as “ RYDE ,” is revolutionising the mobility landscape by transitioning to a platform-as-a-service (PaaS) model. No longer just a ride-hailing service, Ryde now offers businesses across sectors—from logistics to quick commerce, a robust suite of tools for fleet management, driver integration, last-mile delivery, and data-driven insights.
Ryde’s shift to PaaS enables businesses to leverage its scalable, cloud-based infrastructure to streamline operations and respond to fluctuating urban demands. This modular platform provides critical flexibility, allowing companies to use Ryde’s AI-driven routing, hyperlocal delivery tracking, and advanced analytics to enhance operational efficiency. Ryde’s unique zero-commission model has also attracted a large driver network, adding value for partners without high fees.
Financially, Ryde is well-positioned for growth. Though revenue saw a slight decline in H1 2024, primarily due to the zero-commission shift to enhance market share, the company improved its adjusted EBITDA by 20%, demonstrating a commitment to sustainable, profitable growth. With cash holdings of $3.19 million and a successful additional financing round in September 2024, Ryde is equipped to continue investing in its platform and expanding its market presence.
As Ryde advances its mission to support businesses in the Asia-Pacific region, its PaaS model positions it as a key enabler in the future of urban mobility. By empowering companies with adaptable, efficient solutions, Ryde is not just keeping pace with market trends but actively shaping the future of transport and commerce.
We remain positive on the future prospects of Ryde in 2025.
"En Route to Recovery" - EuroSports Global Ltd. (SGX: 5G1)Based on our observation, EuroSports Global has been showing signs of recovery alongside with a sign of collection (as indicated by the MCDX indicator), while RSI shows a neutral-positive upwards trend. Currently, EuroSports is challenging its key resistance at S$0.200, with a potential to challenge higher upon breaching the resistance, while key support remains at S$0.160 as tested multiple times over the past week.
We keep a "BUY" rating for EuroSports Global, given the encouraging momentum the share price is showing.
BTC Rockets to 89K! Next Stop: 100K or Major Correction?GM crypto bro's! Fear & Greed Index spikes to 80, deep in extreme greed. Stoch RSI remains in the overbought zone. 🚨
Despite previous correction signals, BTC continued its insane pump, breaking through our predicted 82K-85K range and peaking at 89K! 🤯 Where’s it headed next?
Potential correction zones are: 85K-82K, 80K-77K, or 74K-70K. If the pump continues, we could see BTC hitting the 93K-100K range! 🤑
The market is ultra-bullish. Stay alert, avoid FOMO, and manage your risk! I’m Akki, signing off, one chart at a time. Have a nice day & stay SAFU!
BTC Hits 81K! Is a Massive Correction Next?GM crypto bro's! Today's fear & greed index shows extreme greed at 76, with Stoch RSI in the overbought zone.
BTC has pumped massively, reaching our predicted high range of 79K-80K and even spiking to 81K! Given the extreme greed condition, a correction might be looming. Watch for potential rejections at 82K-85K. If we see a drop first, the correction range might hit 77K-76K.
Stay alert, avoid FOMO, and always manage your risk. That’s it for today’s crypto update. I’m Akki, one chart at a time. Have a nice day & stay SAFU!
BTC at 77K! Correction or Another Pump Incoming?GM crypto bro's! Today, the fear & greed index holds steady at 75, still in Greed status. Stoch RSI remains in the overbought zone.
BTC's peak is at 77K, yet it hasn't visited our expected correction range of 73K-70K. Overall, today's outlook mirrors yesterday's, with correction and pump potentials intact.
The market is still riding high on greed—stay safe, avoid FOMO, and manage your risks wisely. That’s it for today’s crypto update. I’m Akki, one chart at a time. Have a nice day & stay SAFU!
BTC Eyeing a Correction? Watch These Key Levels!GM crypto bro's! Today, the fear & greed index is at 75 in Greed status. Stoch RSI is now entering the overbought area.
Market outlook remains consistent with yesterday's analysis. Current BTC action hints at a high probability of correction in the 73K-70K range, while the potential pump target stays in the 79K-80K zone.
The market is still driven by greed—stay safe, avoid FOMO, and manage your risks as always. That's it for today’s crypto update. I’m Akki, one chart at a time. Have a nice day & stay SAFU!
Why We Think Ryde Group Ltd. (NYSE: RYDE) is InterestingSingapore's mobility is now en-route for multi decade growth, and this company, Ryde Group Limited (NYSE: RYDE) could be a multi bagger gem.
Here's why:
As Singapore’s population grows, reaching over 6 million in 2024, the demand for smarter, greener, and more efficient mobility solutions has never been greater.
Singapore is on a mission to become a ‘45-minute city’ by 2030, where everyone can reach key destinations within 45 minutes. This ambition drives innovation in public transportation, shared mobility, and electric vehicle adoption.
Enter Ryde Group Limited, a leader in carpooling, private hire, taxi services, and even delivery. As demand for flexible transport options grows, Ryde stands poised to benefit. With Singapore’s focus on sustainable transit, Ryde’s services align perfectly with the city’s vision for reduced emissions and more
With a diverse suite of offerings, Ryde meets the needs of commuters looking to save time, cut costs, and reduce their carbon footprint—all while enhancing convenience in Singapore’s fast-paced environment.”
Listed on the New York Stock Exchange, Ryde is ready to be a game-changer, bringing Singapore’s vision of seamless mobility closer to reality.
#RYDE #NYSE #FINANCE #INVESTMENT #STOCKS
BTC Hits 76K! Next Stop: 80K or Correction?GM crypto bro's! Fear & greed index now at 77 in Extreme Greed, and stoch RSI is shifting from oversold to overbought.
BTC finally reached our previous target of 76K! So, what’s next? Typically, after a solid pump, a correction follows, with potential dips to 73K-70K. If the momentum continues, we could see BTC eyeing the 79K-80K range.
Market’s hot with extreme greed, so stay safe and avoid FOMO—manage risk as always. That’s it for today’s update. I’m Akki, one chart at a time. Have a nice day & stay SAFU!
Ryde Group Ltd. (NYSE: RYDE) - Testing Support LevelsSingapore-based mobility and quick commerce solutions provided Ryde Group Ltd. is seeing a test on the key support level of $0.450 over the shorter term period. The RSI indicator however, is showing an indication of the stock being oversold, which gives out a potential buy-at-low opportunity. Based on our understanding, a recent research report by Maxim Group had given a target price of $2.00 to the company, giving the company a significant potential upside ahead.
We kept a BUY rating for Ryde Group for the next 12 months.
BTC Surges to 71K! Will 76K Be the Next Target?GM crypto bro's! Fear & greed index remains at 70 (greed zone), with stoch RSI signaling potential relief from oversold conditions.
Our previous outlook pointed to a dip around 64K-63K, but BTC took a turn, correcting only to 66K and now pumping to 71K. On the H4, a small correction around 70K may be on the horizon, with the pump target still set at 76K.
Crypto is dynamic, probability is a probability—stay safe, manage risk, avoid FOMO. That’s it for today’s update. I’m Akki, one chart at a time. Have a nice day & stay SAFU.
"Attractive RR" - BloomZ Inc. (NASDAQ: BLMZ) | 241105Following recent market observations, BLMZ’s selling pressure appears to have eased, with its current price movement indicating a shift toward consolidation. The RSI points to a possible oversold condition, accompanied by decreasing volume, suggesting a potential trend reversal.
In this context, we find BLMZ presents an attractive risk-to-reward profile. With minimal resistance levels until its previous high of $1.55, and a key support level at $0.68, the potential risk-to-reward ratio stands favourably at approximately 3:1.
In summary, BLMZ warrants close monitoring over the next few trading days for potential trading opportunities.
BTC Holding at 66K: Will the Next Move Test 64K?GM crypto bro's! Fear & greed index is at 70 (still greed) and stoch RSI sits in the oversold zone.
BTC has dropped to around 66,841, and today’s market outlook echoes yesterday’s potential correction target in the 64K-63K range.
Stay strong, crypto fam! Always manage risk, avoid FOMO, and as always, that’s today’s crypto update. I’m Akki, one chart at a time. Have a great day & stay SAFU.
Transforming Urban Mobility Through Innovation (MUST READ)In the early 21st century, urban transportation underwent a significant transformation, largely due to the innovative approaches of Uber, Grab, and Ryde. These companies not only redefined ride-hailing but also expanded into comprehensive platforms offering diverse services.
Uber – From a Simple Idea to a Global Phenomenon
Uber's inception traces back to 2008 in Paris, where co-founders Travis Kalanick and Garrett Camp, after facing difficulties in hailing a cab, envisioned a service that allowed users to request rides via a mobile application.
This concept materialised in 2009 with the launch of UberCab in San Francisco, providing a platform that connected passengers with drivers of luxury vehicles. The service quickly gained popularity for its convenience and efficiency. By 2010, Uber had officially launched in San Francisco, and in 2011, it expanded to New York City, marking the beginning of its rapid global growth.
The introduction of UberX in 2012, which allowed non-professional drivers to offer rides, significantly reduced costs and broadened the user base. Despite facing regulatory challenges and competition, Uber continued to innovate, introducing services like UberEats for food delivery and Uber Freight for logistics. In 2019, Uber went public, solidifying its position as a leader in the ride-hailing industry. As of November 2024, Uber's market capitalisation stands at approximately $154.24 billion, reflecting its substantial growth and influence in the global market.
Grab – Southeast Asia's Super-App Evolution
In Southeast Asia, Grab's journey began in 2012 when Anthony Tan and Tan Hooi Ling, inspired by the challenges of the local taxi industry, launched MyTeksi in Malaysia. The app aimed to improve safety and efficiency in taxi services.
Recognising the diverse needs of Southeast Asian consumers, Grab expanded its services beyond ride-hailing. It introduced GrabBike for motorcycle taxis, GrabFood for food delivery, and GrabPay for digital payments, evolving into a comprehensive super-app.
A significant milestone was reached in 2018 when Grab acquired Uber's Southeast Asian operations, solidifying its dominance in the region. In 2021, Grab went public through a merger with a special purpose acquisition company (SPAC), marking one of the largest SPAC deals at the time. As of November 2024, Grab's market capitalisation is approximately $16.12 billion, underscoring its significant presence in the Southeast Asian market.
Ryde – Singapore's Emerging Contender
Founded in 2014 by Terence Zou, Ryde began as a carpooling platform in Singapore, aiming to offer a cost-effective and eco-friendly alternative to traditional ride-hailing services. Over the years, Ryde expanded its offerings to include private-hire car services, catering to a broader customer base. In March 2024, Ryde made history by becoming Singapore's first ride-hailing startup to list on the New York Stock Exchange under the ticker symbol "RYDE."
Despite its smaller scale compared to industry giants Uber and Grab, Ryde has shown potential for growth. As of November 2024, Ryde's market capitalisation stands at approximately $15 million. The company's focus on niche markets and commitment to innovation position it as a promising player in the ride-hailing industry. Ryde still has a huge room to grow, as compared to its other peers.
Technical Review - Agape ATP Corporation (ATPC) Agape ATP Corporation (ATPC) is showing promising signs of a potential upward breakout as it consolidates within a steady range, with strong support observed at $1.50. This level has consistently attracted buyers, reinforcing confidence and creating a solid foundation for a bullish move. Should the price continue to hold above this point, it indicates healthy accumulation, positioning ATPC for potential growth.
On the upside, $2.00 has emerged as the primary resistance level, but recent price action suggests a brewing momentum to break through this barrier. A successful move beyond $2.00, especially if accompanied by an increase in trading volume, would signal a breakout, opening up a pathway to $2.50. This resistance level serves as the next target, where a surge could propel the stock into a new trading range, attracting more bullish interest.
Supporting this outlook, the technical indicators add strength to the bullish case. While the MACD reflects a steady buying interest, the MCDX Plus shows signs of accumulation with increasing momentum in the green zone. This suggests that buyers are building up positions, indicating underlying strength that could fuel a significant rally once the $2.00 level is breached.
In summary, ATPC is primed for a bullish breakout, with a solid support base at $1.50 and clear resistance at $2.00. Investors should keep an eye on the volume and momentum indicators, as a sustained move above $2.00 could lead to further gains towards $2.50 and beyond.
Is This the Final Chapter in Buffett's Tech Journey?Warren Buffett’s once unshakeable partnership with Apple seems to be reaching a critical juncture, leaving market watchers with more questions than answers. For years, Buffett and his Berkshire Hathaway embraced Apple, with Buffett even calling it “the greatest trade of all time.” Yet, with Berkshire’s recent decision to reduce its stake by a staggering 67%, the dynamic is shifting. While initial statements attributed the sales to tax planning, the sheer scale hints at a deeper strategy. This raises the question: is this a calculated portfolio rebalancing or the beginning of a more profound shift in Buffett’s investment philosophy?
The timing of these sales isn’t random. Apple now faces several hurdles, from slower growth projections in a competitive smartphone market to increasing regulatory scrutiny in the U.S. and Europe. The conglomerate’s move coincides with Apple's potential weaknesses, suggesting Berkshire is not immune to the broader industry concerns, such as competition in China and challenges in artificial intelligence—a field where Apple appears to be lagging.
Interestingly, some experts speculate that the recent passing of Charlie Munger may have influenced Buffett’s decision. Munger, who historically favored Apple, played a pivotal role in Berkshire’s tech investments, balancing Buffett’s more cautious stance on technology. Now, Berkshire’s shift could signal a strategic return to its foundational values, preferring stability over tech’s unpredictable currents.
As Berkshire Hathaway maneuvers through these adjustments, Apple remains its largest equity holding, hinting that Buffett hasn’t fully turned his back on the tech giant. But with record cash reserves and a keen eye on emerging opportunities, the next steps Berkshire takes could redefine not just its portfolio but perhaps even broader investment trends in the years to come.
Singapore’s EV Market Poised for Leadership in Southeast Asia?Singapore is set to become Southeast Asia’s largest electric vehicle (EV) market, with an estimated 80% of its passenger vehicles expected to be electric by 2040, according to BloombergNEF. This significant market shift underscores Singapore’s commitment to sustainable transportation, placing it far ahead of regional peers, where the average EV market share will likely reach just 24%.
The Lion City already leads Southeast Asia in EV adoption, with EVs making up about 32.1% of new car registrations within the first seven months of 2024. In 2023, EVs comprised 19% of total vehicle sales, highlighting the growing consumer shift towards cleaner energy vehicles.
Singapore also boasts the highest density of EV charging infrastructure in the region, with one public charger for every three EVs. By comparison, Thailand has a charger for every 16 EVs, Malaysia one for every 38, and Indonesia one for every 42. This extensive charging network alleviates concerns around charging accessibility, a common challenge in EV adoption, and demonstrates Singapore’s proactive steps to support its EV market expansion.
Driving Factors: Falling Battery Prices and Policy Support
A key enabler of EV adoption is the reduction in battery prices, the most expensive EV component. BloombergNEF projects that battery prices will fall by 17% every time the cumulative number of batteries produced doubles, significantly decreasing EV costs. From 2010 to 2023, battery pack prices dropped by 90%, making EVs more affordable and competitive with petrol-powered vehicles.
Supportive government policies also bolster Singapore’s EV market growth. Policies include banning new diesel-powered cars and taxis from 2025, implementing a certificate of entitlement (COE) system to encourage vehicle turnover every ten years, and mandating that all new car and taxi registrations from 2030 must be cleaner-energy models. These strategies align with Singapore’s Green Plan, which aims for 60,000 EV charging points by 2030 and 100% clean-energy vehicles by 2040.
Comparative Growth and Regional Trends
Across Southeast Asia, the EV market has been expanding, driven in part by Chinese automakers such as BYD, Great Wall Motor, and GAC Aion, which are setting up manufacturing facilities in Thailand. Although Thailand currently leads the regional EV market in sales numbers, with over 86,000 EV units sold in 2023, Singapore is expected to lead in market share percentage. In total, Southeast Asia saw more than 153,500 passenger EV sales in 2023, including 5,734 units in Singapore.
Transport economist Professor Walter Theseira attributes Singapore’s rapid EV adoption to the COE system, contrasting it with other Southeast Asian countries where vehicles are often kept for longer. Singapore’s vehicle turnover model, coupled with policies promoting EV use, has created a supportive environment for sustained EV growth.
Future Opportunities for EuroSports Global Ltd. and Nio Inc.
As the demand for EVs continues to rise in Singapore, companies like EuroSports Global Ltd. and Nio Inc. stand to benefit. EuroSports Global, a local leader in luxury and performance vehicle distribution with its own in-house Scorpio Electric Vehicle brand, has the potential to leverage Singapore’s growing market for high-performance EVs. Meanwhile, Nio Inc., a prominent Chinese EV manufacturer, could find new opportunities to expand its presence and meet demand in Singapore, given the city-state's openness to international EV brands and its alignment with clean energy goals.
With its robust infrastructure, government support, and ambitious clean-energy targets, Singapore is well on its way to becoming Southeast Asia’s leading EV market, setting a compelling example for neighbouring countries aiming for sustainable growth.