An Optimistic But Volatile Future Ahead For EthereumHi everyone, I should preface and say I am a relatively new ETH investor. I was primarily a strict BTC maxi since 2017, but after putting in the time last year to learn about ETH and what its core philosophy is, I understand it better and I am actually very interested in what it is capable of! I think many of the ETH community can vouch for that. It's hip, cool, and experimental. I honestly think there are many BTC maxis that refuse to accept this is fundamentally a different project than BTC was- not just technologically. For those not involved in crypto- or are just average retail investors, ETH may just seem like a 2nd coin behind BTC that does all the same stuff "basically". That was just me being naïve and stupid, and I unironically thought like this for years.
I love the fact that the ETH community rallies behind it so hard. They are a very different group than many of the BTC investors I follow and have followed in the past. They seem to have a really strong core and tight knit community that do not care much about what 3rd party entities will tell them what to do or who to be. The developers (mostly) all seem incredibly passionate and want to really create practical and also experimental projects. I think mentioning this context is essential in my TA because ETH investors fundamentally believe in the core project so much that I think they will successfully create some type of "mainstream" adoption within the next 10 years. I have no clue how that will look like- and I don't think anyone does yet. But the ETH community has a strong spirit that I do not see breaking- ESPECIALLY with Larry FInk and BlackRock still in the equation. They just partnered with Securitize and are going to slowly begin to execute their "tokenization" of assets. This leads into the biggest news of the year for Ethereum, the ETF.
As much as I want this ETF to pass on May 23rd, it will not. I don't know how it will go down, but this will be prolonged somehow. And I do not see the market reacting lightly to the news for the mid term (basically all summer). Gary Gensler really does not seem comfortable even speaking about ETH any time he is being recorded. The SEC is currently asking for more funding to lawyer up against the potential future court cases that WILL happen when the ETF gets denied. The SEC seem incredibly nervous about opening up a door that can't be shut- if the ETH ETF gets approved, I can only imagine how many other chains will want to have their own ETF... No matter what you think of other coins, it seems like the SEC and Gary really do not like crypto all that much and are only really willing to let BTC slide. I think they want congress to eventually enact real legislation against cryptocurrency as a whole in the future.
I think something will happen in between May 23rd and August 7th, the day BlackRock's ETF filing expires- but I'm not sure what exactly. I think the most likely case is they go to court and the SEC loses in court. Maybe the ETF gets approved with an amendment that there can be no staking the ETF? Do people even care about this? (sorry if so) The best current argument seems to be that there exists ETH Futures ETF, so why would an ETH ETF be an issue? And then by August 7th, the BlackRock ETF should be approved and Ethereum is going to launch. My gut tells me it goes for the 10k push into the end of the year, and then we consolidate early 2025 with a final blowoff maybe middle of 2025. Who knows after that, prob bear/crab market until next halving like close to 2028-2029 or around there.
Very exciting times ahead! Personally I'm incredibly nervous with my investment in ETH. I'm still a BTC maxi to the core because it really is just the best sound money to ever exist. I really consider it my true savings account at this point. But ETH is my risk bet. I fully trust in that ETHBTC ratio and have watched that thing for years- despite never having any interest in purchasing Ethereum. I've also gotten burned in the past- having bought LTC at its peak in 2017 and holding still to this day... I have no more faith in that project honestly. I don't want this to happen to ETH, and I can say that I really do believe in its community. I hope the developers and companies out there innovate some really cool things that make our lives better/easier. But I do see ETH really as a long term investment, whereas BTC at this point for me is essentially just savings that I am not getting rid of anyways.
Cheers everyone, I think no matter what, that if you own ETH and you hold, you will win in the long run. Good luck to the traders too!!
Growth
BCAB post earnings is set up LONGBCAB a medical technology penny stock had a good beat on earnings. This means the cash
burn was only 70% of what was expected. On the strength of that traders reached. The
indicators suggest more upside including RSI lines crossing over the 50 level and the MACD
lines bouncing up on the approach to the zero horizontal line. The supply and demand curves
crossed. The Luxalgo predictive algorithm doing a pattern lookback analysis has a trend up.
I will take a long trade here attempting to get a good piece of the move for realized profit.
Twin Compoundings INDEX:KLSE -INFOTEC
Dividend declaration has proposed two possible outcomes.
1. Trade receivables received from customers are inflating the free cash flow and retained earnings.
2. Higher revenues and profits are foreseen with orders from Malaysia, India and perhaps China as the economy is improving in the said countries, not to leave out Singapore and Japan markets.
3. Dividend (DPS) compounding kicking off denotes the Profit (EPS) Growth sustainability.
4. Profit (EPS) Growth is the driver of intrinsic value compounding which will kick off the investors' capital compounding sooner or later.
Infoline Tec Group is a 5 stars stock in light capital business model which Warren Buffett has advocated to retailers to invest in for capital compounding + dividend compounding.
Ripple is Potentially UP-TrendHi All,
Ripple has indeed encountered legal hurdles previously, but it’s noteworthy that the SEC has lost 4 out of the 5 cases it initiated. Furthermore, Ripple’s token, XRP, has been embraced by several global banks, including Santander and others in the USA, Thailand, Mexico, Emirates and .... who have incorporated it into their payment protocols.
Despite the SEC’s efforts to hinder the growth of this token, market indicators suggest that it’s potentially on the brink of a significant upward trend. The chart big triangle patterns seem to indicate a strong bullish momentum for this token.
What do you think?
Good luck! 🎯
Armin-Academy
YCBD- another marijuana pneey stock lights it up LONGThe idea is on the 15 minute chart here- See also ideas for OBI, ACB, TLRY, and CGC
Germany also is pushing full legalization. A new day is dawning? Several states are working
on releasing minor offenders ( clemency and pardoning).
YCBD is risky but the potential rewards are great. As for me, a fair position with a stop loss
of 10% targets of 50%, 100% and 200%. I am in no hurry and will accept the cup and handle
as being over a relatively short period of time and so not necessarily highly reliable.
Nevertheless, i will chase some of the hottest things around- penny and low priced
marijuana stocks. (Very) HOT until they are not.
GM may be pivoting down SHORTGM on the weekly chart has ascended to the top of the high volume area of the long term
volume profile. The predictive algorithm forecasts a bounce down from that level. The
MACD indicator shows lines crossing over the histogram while the RSI lines are in the 60s
about the same level as the market pivot in 2022. The Supply / Demand indicator has the lines
with zero slopes ( flat) and ready for a reversal. Fundamentally, GM is challenged by the
dynamic between EVs and hybrids moving foward and federal mandates on fleet production
efficiency quota. I will take a short trade here along with Ford.
F Bearish Bias Again SHORTFORD ( F) on a weekly chart is in a falling wedge pattern. Fundamentally, it is challenged
by the EV vs hybrid dynamic, weak EV sales and the federal slowly ramping up MPG
requirements as potentially rising gasoline prices affecting consumer decisions away from the
gas consuming F-150 where the profits are the highest. Unless F can breakout of the falling
wedge, price could compress further in the wedge with a move down as far as 9.
At present F is testing the upper resistance descending trendline. The predictive algorithm
suggests it will be rejected and fall. I am entering a short trade here for a long term swing.
Cross above 200 day moving average, cup and handleGALT cross above 200 day moving average after a lengthy period of consolidation in tightening trading range.
Cup and handle.
Leading drug in a pivotal clinical trial for advanced cirrhosis.
High insider ownership of shares
Recent hiring of a renowned liver expert VP from big pharma
Graph Price Movements; WHALES READY TO PLUNGE $$$$Price movements by Retail Traders, WHALES, and Smart Money.
Whales and smart money are both the same. There is a division due to Money Power.
Smart Money will include BULL-SHARKS, Small and Big institutions. Sometimes but does include Small Whale purchases. Does not include Retail Traders. However, some individual retail traders are also involved.
Here is a glimpse behind the scenes. I will share this one time, my whale series. Please follow the trends. Study them for price movements. Exciting how smart money and retail move along, yet there shows mighty power in the WHALE trend.
Mainly of all, view the GRAPHS below GRAPH PRICE MOVEMENTS. After each graph comes a WAVE PLUNGE.
View what comes next: this is my verdict showing evidence without speculating.
Let's be patient, see the graphs closely and you'll discover downtrends above the graphs before a BULL RUN.
LUV and Attendants love the Settlement LONGLUV on a 120 minute chart fell heavily on news of a looming strike by flight attendants 18 %
into a bear flag and support followed by a narrow range consolidation and a volatility
squeeze which broke on news of the settlement. I LUV Sowthwest and its travel mileage perks
and open seating. The NR7 indicator on watch was firing continuously. I am taking a long trade
here and now with adds at any dips found moving foward. It is hard to pass by an 18% sale.
This will be profitable and will subsidize travel on LUV.
ABT has good news synchronously with price action dip LONG
ABT on the one-hour chart is in a sideways diverging channel with Bollinger Bands overlaid
and now compressing. In Europe, the new implantable cardiac monitor has tentative approval
producing a growth narrative. Relative volumes and volatility have decreased heading into the
pivot. ABT is in what is projected to be one of the hottest sectors this year. It pays dividends
consistently. I am taking a long trade here. Targets are $120 and $130. A predictive algo
validates the idea in its forecast
OCGN pumps on dismissal of investor lawsuit LONGOCGN has been a great swing trade after buying bad news. The good news has replaced the
bad. Earnings are in three days. Price well below ATH. November earnings were a beat
meaning this risky Med Tech penny stock had a lower cash burn than projected. Now
legal costs will disappear. Going long with a decent position expecting a better earnings.
In law, the Latin phrase res ipsa loquitur is sometimes used. Here it aptly applies to
Ocugen.
DWAC shareholders & Trump approve merger then fake news LONGDWAC voted to merge with former presidental Trump social media enterprise. Then a CNBC staff
writer has an article:
Donald Trump told followers, “I LOVE TRUTH SOCIAL” — but shareholders in the newly merged company that will own that social media app might not feel so great.
The shell company Digital World Acquisition Corp. saw its share price plunge nearly 14% in the hours following shareholder approval Friday morning of a merger with the former president’s social media company to take it public.
The drop could reflect concerns about whether Trump Media & Technology Group, which is being merged with DWAC, can ultimately deliver significant revenue — and whether Trump will try to cash in on his share early because of his many legal problems.
My review of the chart is that DWAC underwent normal volatility going into a merger vote
without complications. The volatility is healthy and traders/investors are contesting fair
value. Share price is the same as it was two weeks ago. Astute traders may consider this a
discount move for a long position. Trump is a majority shareholder. Of course, a buy of shares
benefits both the buyer and Trump in stabilizing market cap which has slowly fallen. He
cannot sell shares to fund legal proceedings and their costs for six months. The writer
who I have not named, in my opinion only, does not know jack____. He is simply trying
to put up a headline gets some reading volume and capitalize on it. He should get
one of the stock analysts that consult on his network to give him an education and then
publish a retraction. The headline might be " This clueless writer but out fake news and
is now better informed. He apologizes to the subjects of that fake news"
Enough said.
ETHUSD - Fed Fights Crypto Ethereum Rallies LONGETHUSD on the 60 minute chart has had high volatility in March along with other
cryptocurrencies. the SEC is taking Ethereum to federal court so it can designate it
as a "security" and subject to the SEC and all that it does. In early March, ETHUSD
trended up getting resistance from the second upper VWAP band in purple and support
from the underlying bandline. A deep ten day pullback into the support of the second
lower band line in thick purple then ensued. Price is now in the process of rising
to the mean anchored VWAP in black supported bu the thin blue first lower VWAP line.
The predictive algorithm of Lux Algo founded on analysis and look back of the regression
line forecasts the leg up to test that mean VWAP line. I entertain a long entry here.
IND penny IT with the earnings beat no more cash drain LONGIntellicheck validates identities for financial services, fintech companies, BNPL providers, e-commerce, retail commerce businesses, and law enforcement and government agencies across North America. Intellicheck can be used through a mobile device, a browser, or a retail point-of-sale scanner.
Volume, Volatility and Price Breakout on the 60-minute chart. Relative Volume was beyond 10X
The predictive algo has a continuation for Monday with a momentum fade over 4.25 topping at
4.5
I will take an intraday trade here potentially buying in the premarket. The target is the high
pivot forecasted by the algo about 30& upside. I will set a 7.5% stop loss and risk 0.01% of
capital in the trading account. I will take off 25% upon reaching 4.0 another 50% at 4.50 and
the remaining 25% with a 5% trailing stop loss to ride the momentum fade.
This is probably not shortable. The April monthly options pumped 6x to 30x on the earnings
report. They will have continuation on Monday 3/26 after that the put options will be in play.
The small call options chain is embedded in the chart. Earnings come again in May.
I will reenter this trade until after the current pop and drop is completed.
Then in late April to look I will reenter looking for a repeat of the present price action.
JETS, a travel ETF rising summer travel season approaches LONGJETS on the reliable daily chart is in trend up since last fall which followed a trend down
during the spring and summer. Travel stocks are booming here and there including TCOM
(Trips.com) in China. The airlines have high volumes and are competing on price and perks.
So are the cruise lines. This ETF is a way to capture some profit from the trends. If has lower
risk but also lower reward than an individual stock JETS is upside range bound by the
second upper VWAP line above it. The predictive algorithm of Luxalgo forecasts a rise
to about 22 before that VWAP line rejects price into a reversal. I am shorts JETS while also
shorting NCLH and going long on AAL. I expect to profit and use funds for some more
frequent travel. The karma in the whole thing is that it is a closed circle. Watch travel
companies including booking agents, spent money traveling get insights and then deploy
capital to work those markets for profit returns to recycle the funds into more travel.
RCL may set up a fall from a rising wedge SHORTRCL took a bit of time to recover from COVID but has now done well. The dialy chart reflects
this. Last year price rose in the winder and spring then fell when the summer ended and
reversed upside in November. Ir is now in a rising wedge and price is at the upper trendline.
It is confluent with the second upper VWAP band line suggesting not much room upside as
that line is providing dynamic resistance. The predictive algorithm from Lux Algo designed
to forward forecast from a lookback of the regression line to the left predicts a fall from
the ascending resistance trendline and the underside of that VWAP line. I will short
RCL here and entertain a hedged options trade to insure the short trade. I have shown a
peer stock NCLH from the cruise industry. It has not done as well as RCL. If RCL starts
falling significantly some traders may move their capital to NCLH and help it rise. I will put
NCLH on my watch list along with UAL, AAL, LUV, DAL and LUV as the summer travel
season will be underway in another sixty days and trader interest may rise with accumulation
and price action to follow.
JPM a financial rockstar in stampede mode LONGJPM on the daily chart has plain and obvious consistent momentum albeit with corrections.
The markets are expected to thrive in this lection year and three rate cuts are projected
in the net 8 months. The best time to buy JPM was both March 22 and October 23. I suggest
the next best time is now before the forecasted rate cuts are factored into price ahead of
the cuts. I just got notified of unusual options volumes for a price of 220 for the July 24
expiration which is not a surprise and is the month of the presidential nominating conventions.
That is 10% above current price and suggests the options buyers are expecting price to be
in that money by July meaning maybe a target for price is 225-250. No matter, I am getting
mine now before the prices rise.
PHAT Phantom Pharma to moonshot from upgrade LONGPHAT is now targeting 25-34 according to analysts. I am not surprised. It has a pipeline and
is pending approval for a medication product to treat a stomach bacteria that causes chronic
infection and symptoms are often refractory to long and elaborate treatment protocols. The
product is already in Asia and doing well in YoY reports. PHAT has partnered with another
pharma company to make regulatory and marketing inroads in the European market. My
portfolio is already heavy with medtech and pharma but this one is far to promising
with the great upside it presents. I will hit this one hard trying to get the low of day in
pieces and build a position.
Sustainability Stocks: ESAB ExampleNYSE:ESAB has been around for many years although it only went public on the NYSE as a Swedish-American company in 2022.
ESAB Corporation is focusing on sustainability and connected fabrication technology, which is an area headed for more growth.
The stock is 90% held by institutions. ALL of the giant Buy-Side and ETF developers are near the top of the Institutional holdings list.
The stock as been trending upward since its IPO bottom completion, which completed very quickly at $50. The company's revenues have been steady. Earnings have been up and down quarter over quarter. The recent gap up is a breakaway gap, which seldom fill.