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CEMI Levels & Things To Consider NextCEMI made a heck of a run on 7/21 so I figured we should do a quick and dirty Fib Retracement. Using the most recent low as the anchor and the high from JUST before CEMI gapped down last June, the candles line up with some interesting levels. It looks like the 786 fib line has consistently held as major support before breaking down below it this last time around. One of the more consistent levels of resistance seems to have been around that 50 fib line. Whenever CEMI approached it or briefly tested it, it wasn't able to sustain price much longer if at all. Now that it has gone ap sh*t, there's a few things to keep in mind both technical and fundamental. First, technical, CEMI has broken firmly above the 50 fib so this would theoretically be a level to watch to confirm whether it becomes a new support or if it once again acts as resistance. Second, the next level, 236 fib, has only been a "major" resistance point 1 time, so whether that makes it "another level to watch" is to be seen but just in case, it could be another level to watch... Now, after this move, I'm sure everyone is hyped BUT don't forget what was filed just 2 days ago... " But…and there’s a but here…keep the company’s filings in mind. Big moves are great, but when companies raise capital, it can put a damper on things depending on the price that the money is raised at. A few days ago, the company filed for an at-the-market offering for up to $60 million. No pricing was disclosed in that 8-K filing . So no matter what analysts are saying, keep this in mind if CEMI is on your list of penny stocks to watch right now. " - Best Penny Stocks To Buy Now? Analysts See 85%-288% Upside In 3 You guessed it...an ATM offering for up to $60 mill. Aside from the technicals, it's important to keep this in mind because if there's an offering at a discount coming from this 8K, who knows what could happen in the market. But...live life one candle at a time I suppose. If CEMI is on your watch list these are all points to keep track of.
C
by PennyStocks101
Strong Long 🍏 Bulls will embarrass Bears as Hentai MovieStrong Long 🍏 Bulls will embarrass Bears as Hentai Movie "Open a long position, and you'll drive a new TESLA model within a week." We've had a 100% success rate with the variation of the following indicators for more than two months, see our previous Ideas. 🔑 KEY POINTS: Chart Pattern: Price hit Support Area of Historic Bottoms Momentum: RSI (Relative Strength Index) hit Support, Advanced Bullish Divergence Machine Learning (ML): Price Action hit Linear Regression Channel Support Funding Rates: Negative, supports Bulls We update our ideas daily and so, don't forget to bookmark this page for updates!
BITSTAMP:BTCUSDLong
by Elysian_Mind
6
Weak Price Action ▶️ Strong Price 🟢 Bulls're Back 🐂 TP: $37500Weak Price Action ▶️ Strong Price 🟢 Bulls're Back 🐂 TP: $37500 "The price action is boring, but that's good news for Bullish traders." We predicted the long from $33100 to $36500 in our Idea: Resume Bullrun 🐂 Historic Support 🟢 TP1 ✅ Go for TP2 🤔 We saw the short from $36500 to $32800 in our following Idea: Surprise Short 🔥 Bulls Are Alive, But Sick 🩸 And we were wrong because we thought that we would hit $40 000 this week. But that is your good news. While traders complain about "weak" price action, the price gathers strength. KEY POINTS: - RSI is Bullish -- Bears lost Momentum - Price Action hit Double Support: Historic Support Area, Channel Lower Support -- Bounce confirmed - Volume is too low for a down break -- What is more, whatever volume we see favors Bullish The funding rate favors the Bullish side. We Take Profit on our previous short and open a "long" here: Leverage: x20 Pair: BTC/USDT Side: Bullish/Long Entry: $33 200 Target: $37 500 Stop Loss: Daily close below $29 000 + 6 six hours
BINANCE:BTCUSDLong
by Elysian_Mind
5
Looking at possible failure for EOS to exit long term channelInvalidation occurs at another test of the recent highs. Targeting upper 4.5s, then 4.2s, then looking for a reaction upon upper channel test if it occurs. R of this trade: 0.5:1 3D chart showing the formation of the horizontal channel. Picture in case the idea is scaled oddly in the published chart. Futures premium from FTX, on a Bybit chart. They're all priced about the same anyway, and the main chart series does not affect the futures premium formula.
BITFINEX:EOSUSDShort
by NeoButane
8
Lm Funding America Inc (LMFA) Crazy Chart +176.62%LMFA $2.13 +1.36 (+176.62%) 01/08/21 LM Funding Announces Filing Of SPAC Registration Statement\ TAMPA, FL / ACCESSWIRE / January 8, 2021 / LM Funding America, Inc. (NASDAQ:LMFA) (the "Company") today announced that LMF Acquisition Opportunities, Inc., a special purpose acquisition company and an indirect subsidiary of the Company ("LMF Acquisition"), filed a Registration Statement on Form S-1 (the "Registration Statement") with the Securities and Exchange Commission ("SEC") in connection with a proposed initial public offering of its units. LMF Acquisition intends to search for a target in the financial services industry, including potentially the financial technology (FinTech) sector, and related sectors. The proposed public offering is expected to have a base offering size of $75 million, or up to $86.25 million if the underwriters' over-allotment option is exercised in full. LMF Acquisition is directly owned by LMFAO Sponsor, LLC, a Florida limited liability company ("LMFAO Sponsor") that was organized by, and to which the initial capital was contributed by, the Company and affiliates of its executive officers. Under the terms of the proposed public offering, LMFAO Sponsor would own 20% of LMF Acquisition's issued and outstanding common stock upon the consummation of the offering. LMF Acquisition will be managed by the Company's management team. Maxim Group LLC is acting as sole book-running manager for the offering. When available, copies of the prospectus related to the proposed initial offering by LMF Acquisition may be obtained for free by visiting Edgar on the SEC's website at www.sec.gov or from Maxim Group LLC, 405 Lexington Avenue, 2nd Floor, New York, NY 10174, at (212) 895-3745. The Registration Statement relating to the securities of LMF Acquisition has been filed with the SEC but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the Registration Statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. Forward-Looking Statements: This Press Release may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including statements relating to the proposed initial public offering of LMF Acquisition and its management. The statements involve risks and uncertainty. Words such as "anticipate," "estimate," "expect," "intend," "plan," and "project" and other similar words and expressions are intended to signify forward-looking statements. Forward-looking statements are not guarantees of future results and conditions but rather are subject to various risks and uncertainties. Such statements are based on the Company's current expectations and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Investors are cautioned that there can be no assurance actual results or business conditions will not differ materially from those projected or suggested in such forward-looking statements as a result of various risks and uncertainties. Investors should refer to the risks detailed from time to time in the reports the Company files with the SEC, including the Company's Annual Report on Form 10-K for the year ended December 31, 2019, as well as other filings on Form 10-Q and periodic filings on Form 8-K, for additional factors that could cause actual results to differ materially from those stated or implied by such forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, unless required by law. Company Contact: Bruce M. Rodgers, Chairman and CEOLM Funding America, Inc.Tel (813) 222-8996 investors@lmfunding.com SOURCE: LM Funding America, Inc. View source version on accesswire.com: www.accesswire.com
NASDAQ:LMFALong
by razykar123
1
XRP - These moves aren't ripples, they're tsunamisIf you like to trade internet beans, then you already know about the SEC suing Ripple for selling unregistered securities. If you like high volatility, then you probably trade XRPUSD. I present to you: a short setup. The Binance indicator isn't always so easy, I believe it's because of the regulatory scrutiny that makes larger players uninterested, and those who are already long interested in exiting their position. Target is a double bottom for a -25% move down, which is realistic for the current range. Stop is ~$0.31; if direction were to flip bullish the high volatility would make a wider stop needlessly increase loss. A note on long term price prediction: Japanese company SBI has invested heavily in $XRP, and $XRP does not face the same issues that it does in the U.S. I don't expect this coin to die and it'd be nice to see what's to come in the future for cryptocurrency being utilized not for speculation or defense against inflation.
Short
by NeoButane
Why Bitcoin ATH is once again looking dangerous for longsFollowing my previous video regarding funding rates and perpetual swaps vs spot we are back at it again. Bitcoin is once again suggesting that swaps are way too aggressively long at the top pushing funding rates into high premiums rates in some exchanges. I do not think that shorting bitcoin against weekly and monthly uptrends trends is good idea but there is defiantly great trades that can be now done on the intraday WHILE funding rates and perp/spot basis keep trading at significant premiums.
BITSTAMP:BTCUSD
by D7R
13
NZDJPY has to test Higher againNZDJPY is at the moment in strong trending movement. Our expectation for price is to wait, till sellers move price downward to possible strong support level at 71.216. if price will not test support level, then buying curiousity is above sellers first shooting perioud. This is above second resistance level at 72.506 Everything between 72.085 and 72.506 we are not interested in this spot because it's too risky to trade. This is just neutral spot where trending has to make decision, whether we are going to continue long or short. If you need better understanding and clear entry spots, you can join our free suggestion room and find the link on the website. Best trading ELITEFXACADEMY
by EliteFxAcademy
A quick look at funded trader prop firmsI hear alot about those and I see alot of ads and get e-mails for certain of those and I am stubborn and refuse to acknowledge the existance of something if they annoy me through ads but I was genuinely curious (that's what they want us to think) because to me "I'm a professional prop trader" sounds alot like "I'm a professional poop sucker". Is this prop trading really for the experience very good traders? Well from my research no it is not. You get more funds to trade cool ok, with a regular broker you also get more funds to trade it is called leverage. You can change the name all you want it's still the same thing. Either: 1- They let you put your money at risk by requiring you to have a small stake in the whole pot (drawdowns eat up your part of the pot not theirs) 2- They entirely fund the account but actually not really, I explain in the next paragraph Here is 1 example (this is one of the best reviewed ones the bottom ones are not even worth looking at or yes but just for laughing): After asking you questions like "what do you plan if you lose 10 in a row", you know this kind of things, and more, and after a demo period of a few weeks or months , they will put you on an account with certain rules. Early on you have more restrictions like smaller max position sizes until you reach a certain profit. In this example to trade a $25000 account there is a $150 monthly fee and also I think a 150 evaluation fee at the start. There is a trailing drawdown stop of $1500 (6% drawdown), so after a couple months of paying subscriptions and making profit for them their "regular" risk is gone (not the swissie one). They do provide some content, like data feed (I don't remember how much brokers charge for this it's in the same area w/e). So they are not taking all the risk, clients (? what should we call them?) pay to cover the risk. Another example is really troll. Like I don't even see why they ask traders to write up so much and go through huge courses (no matter who they are even George Soros has to take the course) and then spend months on demo to be "really sure" and then they put you on a 1k account then 10k after 2 green months, then 20k after 2 green months jesus it takes forever to get some size. And the funny part? They expect you to fund part of the account like 20% and that's your drawdown limit basically (not written in any contract I don't think but they'll just cut you off when you run out of your own money). So you take basically all the risk and they keep 30% of the profit. I don't even get why they go through all these double checks... Most of their risks are with: - new random traders (they double check these guys but there is only so much they can do) - some idiot that scalps the swiss franc for 1 point above the floor and blows the whole account - the typical trash strategy that keeps winning until it does not and then it's the road to zero (the program ends once drawdown is reached) So the major advantages are: - access to leverage you get with any broker, - rogue traders with the discipline of a meth addict get something out of it which are all sorts of restrictions (so... useful for most people actually), - sometimes access to experienced traders & people that can help you out, depending how autistic they are or not, - proprietary tools, all sorts of goodies like a chart with the calendar directly on it, - Some serious capital obviously the biggest one, without the whole risk associated, which also means less stress (still don't get a salary so...), - also I guess telling clueless people you are a "professional" to help you sell courses & EAS weeell I mean if they have traded with the firm for a few months they have made some money and didn't drawdown 3% or whatever the limit is but doesn't mean they are Jim Chanos of forex most likely they have a trash system that works until it doesn't (not that bad if you stop using it when it drawdowns too much as those firms are doing). Seeing that some profitable "investors" (over a few months or years at most imo) end up joining the ones that let you take all the risk and charge you for the priviledge really tells that yes an idiot with the rational analytical abilities of a potato can come up with a profitable strategy if he puts the hours in. But trust me, the road will be hard and the individual won't become a "big short" hero or Soros. Kweku said he knew he wasn't the smartest but he made sure if someone put 1 hour in he'd put 2. He got promoted too fast, they pushed him for more performance, he was afraid of getting deported and then he went full commando and lost billions and got deported to Ghana. Now he give seminars where he whines that bankers are really mean people or something. I don't know what really happened, couldn't he put his foot down? I hate bankers too but I haven't heard bank traders complain only rogue psychopaths at least Nick Leeson or whatshisname Nikkei futures gambler that tried to manipulate the market and "averaged down" (lmao) didn't come up with all these excuses. Reminds me SocGen where I worked (not as a trader) are just so damn annoying with security now, and I read a comm from them where they invested (in hindsight, it's always in hindsight) I don't know how many millions into failsafes and risk management etc. Should have invested way less millions and way earlier than this guys 😬 They won't make you profitable (ok unless what's keeping you from making it is you are a psychopath that can't help it or as they call it "undisciplined"), but you have less risk than if you just went *100 on mex, your risk will be spread over time through the money you made for them and a part of the monthly fees. It's not that bad but it's not that great either. I didn't go into the full calculations you'd have to check risk over time and so on. The coolest part is the ease of mind (chf) but I couldn't care less I live in Europe and we got negative balance protection and guarenteed stops haha what a scam for brokers. Hey actually I already abused that with Oil a few months ago my broker ate the full losses and I got the full win on my other broker. Wups my bad I'm a retail trader no one told me Oil could go negative (really) I thought I clic then lambo. It is not crazy either for the company I don't think. All in all both sides get something out of it. It is better at the start for traders and better as time goes by for the firm in my eyes. They invest time and take most risks at the start, then month after month cash in with less and less risk. Talking about the ones that aren't complete scams obviously this does not apply to "put 10% in that's your max drawdown" these guys for real? 😆 They have some additional rules, for example you might not need to pay for the data (if you already have it via tradingview for example), oh and if you just afk for several days they fire you (you are allowed to take holidays relax but you have to warn first). I'm not sure but I think those are mostly for day traders. They can't sit with someone for 3 years before knowing if he is good or not so wouldn't make sense otherwise. This depressing grind is not soon over for me I'm afraid. Slow feedback sow growth. And without any upside. Not a day trader at all but I STILL have to check charts every day and do research all the time oh gosh why oh why I tried to write down a process and use combos of indicators to make it as easy as possible but I STILL have to scan through 40 charts all the time AND set alerts AND not overfocus one 1 strategy then miss out AND check these alerts over and over AND make a full preliminary TA I estimate on average once a day (2 charts a day so it's not that bad) then full TA set entry etc then watch my position over the day I don't just abandon them and if I look away that's when they'll move and need my attention. 10*40 = 400 alerts a year so about 2 a day (not counting the "other" alerts obviously, only the initial part that is really anoying) Little deviation here xd Why can't I just press a button and have it do every thing for me? I don't want to miss anything, I don't want to spend to much time on boring repetitive tasks, I don't want to forget doing my boring repetitive tasks, but there is no hope there is no cure there are no tricks. Grind the charts, grind the account size. Basically I can make it quite simple I don't need to go draw every level and everything. So I get 40 signals a month or what? I end up having to TA 40 times a month, mostly false signals. Opposed to this I just TA everything - 35 charts - the week end, and then not sure if I keep it like this charts get dirty or re-TA. Damn the result is almost the same. As much work. No way around it I have to TA false signals I thought of 10 other methods it always comes back to the same. With the alerts first it is better I TA useless things less, but I won't see as much, but I will because when I get an alert I do my TA regardless, and only in one direction not both so I gain something. I just want to hire a wagecuck intern to do the dumb boring part xd Found a use for these 80 IQS that society left on the side road. Wait no they'll mess it up 100%. Maybe I can put dancing squirrels shouting motivational orders on my screen to get me through it. Or give myself a reward. Help plz someone I'm desperate this bores me so much. Ok that's it not going to make a full in depth review either just wanted to throw my 2 cents in.
Education
by MrRenev
4
Ascending triangle = BREAK UP (BUY THE DIP & HODL TO 13.8k)Good afternoon folks - Yurlo Hit that like button for me if you appreciate these calls & charts 👍👍👍👍 Did you catch the bottom? 11.8k - 12k looks like it's consolidating and turning into strong support before we break through 12.2k & 12.4k. Short term target: 12.7k Moving Averages: 20 / 12013 50 / 12083 100 / 12124 200 / 12087 (13.3k Fibonacci Level 0.618 & 13.8k target #2) (12.2k will become support in the near future) Remember guys, stick to your trading plan and TA. (if you go against your TA & react based on your thinking/emotion the market will win and you lose) Be safe, and enjoy the volatility. Gonna be glorious when we reach new ATH's!!! I love you all. <3
BITSTAMP:BTCUSDLong
by Yurlo
16
Dax daily: 31 Jul 2020Congratulations to all traders who went short with us yesterday. Another success to add to our analysis records. Just as we expected, Dax slipped away from the consolidation range and took a prudent southern direction right after the open. The momentum was rapid and the price pierced through two support levels. If you were aiming our target at 12 592, we congratulate you for a lovely 200 points of profit. Important zones Resistance: 12 494, 12 592 Support: 12 278, 12 151 Statistics for today Detailed statistics in the Statistical Application Macroeconomic releases NIL Today's session hypothesis Dax shifted to the new territory after yesterday's sell-off and bounced off the support at 12 278. The disappointing print of German GDP was the movement catalyst and chances are the bearish momentum will prevail. The price is currently in between two S/R zones and might possibly stay there as Friday's session are usually slower. We anticipate the overnight gap to get closed.
EUREX:FDAX1!
by FTMO
Dax daily: 30 Jul 2020Dax hasn't really gone anywhere yesterday. There was almost no volatility in the market and the situation resembled a calm before the storm. The price was oscillating in the narrow consolidation range below 12 882. The FOMC has supported the price slightly towards the end of the session and Dax closed in positive numbers for the day. Important zones Resistance: 12 882 Support: 12 592 Statistics for today Detailed statistics in the Statistical Application Macroeconomic releases NIL Today's session hypothesis Today's analysis will not bring any breaking news. Ultimately just for the fact that Dax hasn't moved anywhere yesterday, our hypothesis remains unchanged. The resistance at 12 882 is now a key zone and we rather anticipate shorts, in spite of yesterday's positive close related to temporary volatility caused by FOMC. The consolidation of the past days doesn't provide relevant signals and we have to wait for some serious price action. Remember that no trade is a good trade, sometimes. There is a row of macroeconomic events from the Eurozone in the early London session, yet all of those have low importance.
EUREX:FDAX1!
by FTMO
Dax daily: 29 Jul 2020If you take a look at yesterday's price action and our analysis, you will understand how important the S/R level was in relation to the price development and the past price consolidation in the same area. Dax was oscillating there for a few hours in the early morning session, before finally finding its direction. Bears took a lead and broke below the lows of the past two days. The move to the downside is relatively good, however it is not strong enough to classify that as a downtrend. Important zones Resistance: 12 882 Support: 12 592 Statistics for today Detailed statistics in the Statistical Application Macroeconomic releases 20:00 CEST - Federal Funds Rate + FOMC Statement 20:30 CEST - FOMC Press Conference Today's session hypothesis We start the session near yesterday's low. Why do we think we don't feel a strong selling mood? The price is still in the consolidation range of the past few days. This consolidation played its role when Dax bounced from the bottom of the range at 12 736. The volume is distributed relatively well and the low of the session looks quite strong. Sellers, however, have space for further shorts all the way towards 12 592.
EUREX:FDAX1!
by FTMO
Dax daily: 28 Jul 2020Yesterday's session turned out as expected. The price action truly was slow, if not lazy, and Dax hasn't really gone anywhere. The price oscillated just below 12 882 zone and the daily close was very slightly positive. Is this a good hint for buyers? Important zones Resistance: 13 119, 12 882 Support: 12 592 Statistics for today Detailed statistics in the Statistical Application Macroeconomic releases NIL Today's session hypothesis For today, we don't have any scheduled macroeconomic releases that could amp Dax. There is no overnight gap either. And to top it up, yesterday's price action hasn't really done anything yesterday and so we'll stick to our hypothesis and monitor the price development around 12 882 S/R zone. If sellers turn out to be more aggressive, our scenario is clear. Stoploss below 12 765 while targeting 13 119. This currently makes sense to us. Contrary, should the initial momentum reverse, we'll look at 12 592 as our target.
EUREX:FDAX1!
by FTMO
Dax daily: 24 Jul 2020For yesterday, we expected the retest of 13 235 followed by a possible correction to the downside. Buyers were not able to get all the way to this level as bears took dominance of the market. The whole intraday session was then characterized in a clear directional move to the downside and this lasted till the close. Dax corrected its uptrend of the past days and the pice is comfortably below 13 119 and near the support of 12 882. Important zones Resistance: 13 119, 13 235 Support: 12 882 Statistics for today Detailed statistics in the Statistical Application Macroeconomic releases 09:15 - 10:00 CEST - Eurozone PMIs Today's session hypothesis After seeing yesterday's price action with the close at its low, the scenario offered itself to break the previous day's low. Regardless, Dax opened with a descending gap and fulfilling this thesis right away. At the time of writing, the price is correcting its drop and chances are to see the gap closure early in the morning trading session. We anticipate today's session to remain above the support level of 12 882.
EUREX:FDAX1!
by FTMO
Dax daily: 23 Jul 2020Market participants were completely indecisive yesterday. For the whole trading session, Dax has gone literally nowhere with price sitting around 13 119. If we take a look at M30 chart, price action and candle formation, we can read the rejection of sellers as noticeable by the clear Doji candle. Important zones Resistance: 13 235, 13 519 Support: 12 882 Statistics for today Detailed statistics in the Statistical Application Macroeconomic releases NIL Today's session hypothesis Our zones remain unchanged. Yesterday's level around 13 119 can now be classified as the important S/R zone. Dax opened the day with a bullish activity and we're getting early signals for an uptrend activity continuation. In this scenario, we are looking to target at least the nearest resistance, which is now at 13 235. We can see a correction attempt from there.
EUREX:FDAX1!
by FTMO