FLOW
$CPB Long IdeaCPB had some sweeps and block call flows yesterday and the cart looks good IMO with a nice gap above, strength and volume uptick.
Trader went 5/6 48 calls 300K premium and 5/20 call sweeps 48/49 strike.
I like more time, so I'm long 5/20 49 calls, swinging and singing baby
Target would be gap close 48.78 but will start trimming calls on the way .
Cheers
Flow Is trading symmetrical triangleThe Flow has been extremely bearish move from early 2020 Oct to 24 Jan 2022 and after that it has formed a symmetrical triangle in just couple of months.it has recently bounced from supporting line , so As you can see in the following chart you could trading according this pattern.
And if we will see more Bullish move if there is a confirmed breakout
Flow into a Symmetrical triangleIt has been a strong downward move on the chart From early Oct to 24 jan that is recently.after that it formed a symmetrical triangle so i expected we can see trading into this pattern for a few days.
First target is upper resistance line pattern.
Happy trading 🌷
Check out last my analysis that we have a take profit 70%
$NEM Bullish Chart Bullish FlowNewmont corp absolute ripper breaking above '87 highs
Blue skies , all time highs gotta buy
Flow supports, like the 4/29 87 calls that swept or you can buy more time (never a bad idea) with 90 being the first price target , I also opened a JUN 85/90 spread for about 1.8
Will definitely hold the JUN , will play the shorter OPEX day by day, hopefully take profits funding a free JUN trade : )
Either was, as long as price stays above weekly 10ma (blue line) , I'm long !
GRS (Groestlcoin) | Fundamentals, price model, etc
Launched on 22 March 2014 with a focus on technological advancement, Groestlcoin (GRS) is SEGWIT, TAPROOT and Lightning Network ready.
Groestlcoin has been in constant active development, providing development updates and enhancements every 3 months for 8 years. It is the first coin that activated SEGWIT (January 2017) and TAPROOT (The last update was released on March 8, 2022)
Groestlcoin's final supply is limited to 115 million coins from which around 80 million coins currently in circulation and only 15 million coins left. If you're familiar with the concept of scarcity, you know why it's important. Once something becomes scarce enough, it becomes precious and can be used as money.
The market cap of Groestlcoin is around $57 million, while the capitalization of the entire crypto market exceeds $2 trillion. Therefore, it can grow significantly by attracting a small portion of this capital.
Technical Analysis
Take a look at the chart. Right after Bitcoin's third halving (July 2016), we have a falling wedge pattern on the chart. This consolidation pattern was actually an accumulation zone. As you can see, the 2017 Bull Run started right after the pattern completed.
Each complete bitcoin cycle (Duration between two halving events) takes about 4 years. Now, about 4 years after the last bitcoin halving, we are again seeing a consolidation pattern formed on the chart. Now the triangle pattern is completed and the price is about to break out. So, this could be the beginning of a bull run.
<< However, always remember that past results are no guarantee of future performance >>
Price Model
Well, maybe a bull run is coming, but where can the targets be? I use a price model to determine the range of price movements.
Bitcoin is the leader and in the crypto world everything follows it.
I used linear regression to determine the relationship between the GRS price data and Bitcoin's stock-to-flow ratio.
I have plotted the model price (black) over time on the chart. To estimate the range of price movements, I used a set of trendlines plotted one or two standard deviations (positively and negatively) away from the model.
For more information on price models, see my article titled Ripple (XRP) Model Price via the link below the post.
Terms
What is segwit?
Segwit stands for "segregated witness" and is a technique that reduces transaction fees.
What is the taproot?
Taproot is a modified advanced form of MAST that allows participants to aggregate their signatures and spend from a multi-sig just like a normal transaction together.
What is lightning network?
The Lightning Network is a second layer added to the blockchain that enables off-chain transactions, i.e. transactions between parties not part of the blockchain network.
What is Bitcoin Stock-to-flow?
The 'Stock-to-flow' is a number that shows how many years, at the current production rate, are required to achieve the current stock.
FANTOM POLARITY FLOW WEEKLY LVL After a longer-term downtrend, I expect a strong bounce from the weekly hold level - 0.96. It seems that we are targeting our base of a range, which give us great opportunity to buy Fantom.
FIRST ENTRY - 0.96 - 0.98
SECOND ENTRY 0.76900
SL - 1W CANDLE CLOSE UNDER 0.76
TARGETS : 1.18
1.32
1.37
GOOD LUCK !
TRADE ON YOUR OWN RISK, USE CORRECT POSITION SIZING.
Time Compression-----------> GBP/USD
Price for a period of twenty-two days was accumulating contracts In a tight range pip box. which Is truly one of my favorite setups to see once placing a trade. Whenever I see a consolidation period of more than five days, I immediately trap price In a box, and given the fact of the previous week's structure, I can then predict where the price will head with a clear cycle as well as other confluences such as moving averages which I will post below. Trading outside of those parameters is key. Lots of jamming occurred for those twenty-two days of consolidation, and It's best to stay out of those as soon as possible.
-With the major news that Is occurring with Russia and Ukraine, this move to the downside was imminent due to the previous month and week's structure
levels of significance: $1.35895
$1.32836
$1.31521
$1.28471
$1.25887
$1.22547
Max TP- $1.31521 For now
The reason being is I don't know If price will absolutely blast through the low that is present or if It will bounce on that given level on the H1 but either way, analyzing price once it gets there is key. where we're at in price is a clear indication of price dropping even lower. Just wait and execute.
FLOW Cup&HandleFlow reached its ATL with 4.30$ with big volume in the previous days. It bounced very well from that area.
Now, there is a possibility to form one of the most famous bullish, Cup&Handle Formation.
It didn't touch the 100 EMA since 111 days on HUOBI which point around 10$.
There is also Big Volume footprint on the buttom.
This is my trial. Not a financial advice.
Crytpo Layer 1 Relative Strength Analysis & Recovery
This chart plots price action on a relative %age scale on Y-axis. Our main goal here is to plot %age decline or gains in leading Layer 1 coins as of Recovery moment on January 24rth on an hourly chart showing the relative difference in the strength of recovery across various layer 1 solutions. For those who want to isolate a few layer 1s in their portfolio, this analysis should give them quite some hints into which layer 1 solutions have the most Bulls backing behind them.
This in combination with overall dev community growth, a number of commits & the overall fundamentals of the layer 1 solution should give you enough idea about possible investment opportunities. For me, Flow, Solana, Polygon & STX shows significant higher interest in bulls than other layer 1 solutions.