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Hype

FRONT THE NEW COINHelloTrader, Thanks for taking the time to read our update. Please note that this is not trading advice. FRONT, the recently introduced coin, appears to be displaying noteworthy trading volume, which could potentially serve as a promising indicator for further confirmation in the near future. As of now, it is exhibiting characteristics of a volume coin. DATA: We will closely monitor this coin's performance to determine whether it can successfully establish and validate new price levels, specifically aiming at milestones such as $0.80 and $1.00 USD.
FLong
by SatochiTrader
4
CTRM Jumps Today Reports in the MorningOn the 15-minute chart, I see CTRM as being well-positioned among traders for high volatility on the report of earnings. The pump today has printed a tight flag pattern with consolidation this afternoon. If earnings are okay or even better I see this penny stock making another 10-15% move just like today. If on the other hand, if there is a miss, a drop of 5-8 % as a retracement could easily unfold ! The meat of the matter, is reading the price action and volumes in the premarket and preparedness overall. Stop loss 0.497 below the Doji candle. First target 10% second 15%
NASDAQ:CTRMLong
by AwesomeAvani
Is AI excitement creating a stock market bubble?History shapes our views and we are always seeking analogs comparable to current events. Even if we know that ‘past performance is not indicative of future performance’, we are still comforted when we draw parallels to the past. Many are now drawing parallels of the current tech enthusiasm to the dawn of the internet. The quintessential example of a ‘bubble’ occurred in the late 1990’s. Some hallmarks of that time: When companies put the suffix ‘.com’ on their names, their share prices soared. Any company can do this and it has nothing to do with any real business prospects or potential. With the absence of profits or even sales, new metrics were created to make the case for progress in businesses like webpage visits or clicks. Many of the leading internet companies did not have positive earnings but, even in the more established S&P 500 which required profitability to get included, we approached price levels of 100x earnings for many large cap names. Hundreds of billions of dollars of market capitalisation was supported by dreams of wild future profits. And for what is happening in the first half of 2023: There are companies putting ‘AI’ (artificial intelligence) into their names, but it is not yet a huge number and, alongside this, the transition of big numbers of private companies tapping the public markets has not yet happened. Additionally, companies putting AI into their names have real business reasons for doing so. Naturally, investors will look to track measures like the intensity with which firms are using AI or engaging with data. Because people remember the 2000-02 ‘Tech Bubble’ period, we doubt that investors will also then say that ‘earnings don’t matter’ or ‘revenues don’t matter’—or at least that could still be some time away. When people look at how the big indices, like the Nasdaq 100 Index and the S&P 500 Index, are being driven higher by the largest companies, we see that all of those large companies are ‘real businesses’. They have revenues, they have cash flows, and they have earnings. It’s absolutely true that investors might look at Nvidia, as an example, and think that the multiple is too high for the growth that they expect to see—but it’s not a case where Nvidia is selling the dream of making a chip one day. Nvidia chips exist, they are sold, and Nvidia is the clear leader in providing the graphics processing units (GPUs) that allow AI to run. Even if the market could very well be ripe for a near-term correction after a nearly 6-month run, and even if that run was accompanied by a hype cycle in AI, we are not seeing signals that the broad technology focused stocks are in bubble territory. Let’s look at some numbers During the ‘Tech Bubble’ investors decided to not consider the classic statistics. We will not make that mistake here. We create a view of the ‘Expanded Tech’ sector. Companies like Meta Platforms and Alphabet are in ‘Communication Services.’ Amazon.com (even accounting for that .com suffix) is in ‘Consumer Discretionary’. Information Technology includes Microsoft and Apple. If we use this ‘Expanded Tech’ designation, we capture a broader cross section of technology.1 In 1998-2000, roughly speaking, this index was hitting a forward P/E ratio2 of more than 55x. The initial run up was based on prices and euphoria—the second spike into the 50x range would have been from the quick drop in forward earnings expectations when the popping of the bubble was clear. Looking at what the same Index is currently trading at in terms of forward P/E present, it is still below 30x. 28.4x is not ‘cheap’, so we are not seeking to indicate that tech is currently cheap in any way. Back in 2000, real interest rates were higher. However, we would note that this multiple expansion has occurred alongside a higher interest rate environment—not always an easy feat for stocks to achieve. Back in 2000, when the tech sector was over 55x forward earnings, real interest rates (measured by TIPS bonds) were double where they are currently. We can see how the ‘other stocks’ that are not tech have been doing by way of valuation. These other stocks never broke a 30x forward P/E ratio during the tech bubble. The current valuation of the ex-tech part of the S&P 500 is at 16.7x, and is very close to the average over the full period. This is not ‘cheap’, but certainly not getting into the more expensive territory. The bottom line: a bubble is not just ‘a bit expensive’ but, rather, a bubble represents a situation where there is a clear case that prices have gone extremely far beyond fundamentals. Forcing ourselves back to a classic figure, forward P/E ratio, we don’t see evidence of that being the case. Dealing with the AI hype cycle Still, we understand that performance in thematic equities can come in waves. One way to deal with these waves is to allocate to certain themes and then recognise that, over a cycle (something closer to 10 years than 5 years), there are going to be periods of strongly positive and strongly negative returns. In many cases, knowing whether the themes are working or not is something completely different from looking at the share price performance. What we know today is that, in the current quarter, Nvidia is expecting revenues in the range of $11 billion USD3. It will be critical to watch that trajectory, which then indicates a 12-month run rate above $40 billion. Do we actually see that materialise? Similarly, companies like Microsoft and Alphabet will continue to talk about the topic and launch new options for their customers. These are the kinds of things that we can honestly see and monitor. Signals of a greater degree of froth could entail seeing a much more robust IPO (initial public offering) market in specific AI companies, which may happen in the future but is not here yet. We are not saying that one day there cannot ultimately be a bubble—we are all still human, and human behaviours create bubbles—but what we are seeing at this moment is not yet there. Sources 1 This is akin to older definitions of the section before GICs made some changes to internet and communications stocks. 2 P/E ratio = price to earnings ratio. 3 Source: Factset, as of Nvidia’s earnings guidance given on their Q1 2023 earnings call. This material is prepared by WisdomTree and its affiliates and is not intended to be relied upon as a forecast, research or investment advice, and is not a recommendation, offer or solicitation to buy or sell any securities or to adopt any investment strategy. The opinions expressed are as of the date of production and may change as subsequent conditions vary. The information and opinions contained in this material are derived from proprietary and non-proprietary sources. As such, no warranty of accuracy or reliability is given and no responsibility arising in any other way for errors and omissions (including responsibility to any person by reason of negligence) is accepted by WisdomTree, nor any affiliate, nor any of their officers, employees or agents. Reliance upon information in this material is at the sole discretion of the reader. Past performance is not a reliable indicator of future performance.
FRED:NDQ100
by aneekaguptaWTE
Mitigate Nvidia risk with a value-chain exposure to AIThe recent earnings announcement from Nvidia was historic. It’s not often that a firm shifts revenue guidance for an upcoming quarter from $7 billion to $11 billion. Nvidia’s total market capitalisation touched $1 trillion, something very few companies ever achieve1. An overzealous valuation? Professor Aswath Damodaran of New York University2, well known for his work on valuation, has said he cannot rationalise a $1 trillion valuation. Damodaran estimates Nvidia has a roughly 80% share of the artificial intelligence (AI) semiconductor market, which is around $25 billion today. Using bullish assumptions, which may not prove accurate, he looks to see growth in the AI semiconductor market to reach $350 billion within a decade. If Nvidia captured 100% future market share (a bold assumption), Damodaran’s valuation still resides about 20% below current prices. Nvidia is essentially a hardware company. One can see them try to ramp up software, but that is not the main driver. Other companies that achieved the $1 trillion market capitalisation level have software companies with network effects that draw vast numbers of end users into ecosystems. These software businesses have many ways to earn revenue from new products and services. Professor Damodaran’s valuations do not necessarily lead to share prices that immediately decline—but it may be difficult to keep the return momentum coming with equal fervor. Nvidia’s products do not operate in a vacuum WisdomTree spends a lot of time focusing on the AI megatrend. Nvidia’s products do not exist in a standalone fashion, as they are plugged into cabinets containing other hardware functioning in concert. If the AI semiconductor market grows, as many now expect, a lot of companies will benefit. Nvidia cannot, by itself, manufacture its semiconductors end-to-end. Taiwan Semiconductor Manufacturing Co. (TSMC) is responsible for this part of the puzzle. There is a whole semiconductor value chain, and each element captures a different-sized slice of the economic value pie. There are a range of companies associated with ‘generative AI’ over the period from the release of ChatGPT. Alphabet, Meta and Microsoft represent companies developing large language models (LLMs) to allow users to directly access generative AI. Meta was beaten down in 2022, due to disappointment with the firm’s metaverse efforts, but AI and cost cutting is helping them in 2023. Alphabet and Microsoft are at the centre of the generative AI battleground. Microsoft, so far, is winning on the cloud computing battle front with its Azure platform, whereas Alphabet’s Google is going to be very difficult to fend off in the internet search space. It’s interesting to compare Nvidia to Samsung and SK Hynix. Running AI models, especially large AI models, requires memory, and Samsung and SK Hynix are in the memory chip space. Excitement, at least in recent years, fluctuated in waves across the broad semiconductors market. Right now, during the explosion of generative AI, graphics processing units (GPUs), where Nvidia is the leader, are all the rage. Synopsys and TSMC represent notable, necessary value-chain plays on semiconductors. Nvidia chips cannot be created in a vacuum. Synopsys provides necessary electronic design automation capabilities, whereas TSMC is among the only companies with a manufacturing process advanced enough to fabricate Nvidia’s most advanced chips. Is AI over-hyped? The Gartner Hype cycle characterises one way to view new technologies. In the short term, excitement leads to money flows. Share prices and valuations benefit. At a certain point, a realisation sets in that true success, growth, and adoption takes time, so at this point there is usually a lot of selling and a tougher return environment. Finally, there is a recognition that pessimism is also not quite appropriate as the technology is still important and still being used, so growth rates and returns then tend to be more reasonable. AI is not any one single thing. Today we think of it as ChatGPT, LLMs or generative AI, but other disciplines and functionalities are still there, they just aren’t grabbing headlines in same way. ‘Generative AI’ and ‘foundation models’ might be nearing a peak of inflated expectations. Have you been excited about self-driving vehicles recently? No? Well, that could be part of the reason why ‘autonomous vehicles’ might be near the trough of disillusionment. Computer vision, which has been around for quite some time, is making its way up the so-called ‘slope of enlightenment’. The hype cycle is not an exact science. Any discipline on this graph could generate any sort of return, positive or negative, going forward. It’s simply a tool that helps us place all of these different topics on a broader continuum. The only thing we seem to know for sure is that all of the topics do not generate the same levels of excitement or pessimism all the time. Conclusion: it’s possible to mitigate single company risk by looking across the AI ecosystem The hype cycle illustration points out that the various applications of AI are at different points of adoption, excitement, and development. No one knows the future with certainty, but we believe there is growth occurring in all of these disciplines. The world is enthralled with generative AI now, but the world was similarly excited about autonomous vehicles a few years ago. Progress is occurring, even if we are not seeing it reflected in every headline. WisdomTree has a broad-based AI index to capture these AI trends. While Nvidia’s valuation is getting stretched, according to Professor Damodaran, WisdomTree’s AI index did not change much following the Nvidia surge. The entire ecosystem of AI defined by WisdomTree is not as beholden to the moves of any single company. AI has the potential to impact every industry which is why WisdomTree built a broad-based, ecosystem-oriented approach as opposed to concentrating on any single stock. Sources 1 Source: Bloomberg. 2 Source: Hough, Jack. “Nvidia Is the New Tesla, the ‘Dean of Valuation’ Says. It’s Time to Cash Out.” Barrons. May 31, 2023.
NASDAQ:NVDA
by aneekaguptaWTE
CAPP: The New Apple VR Hype Coin of 2023CAPP is poised to become a significant cryptocurrency for the future of VR development. It has already garnered the attention of renowned companies like NVIDIA, known for their substantial contributions to VR technology, including Cappasity. The initial rollout of Apple Vision Pro will primarily target businesses, with subsequent versions intended for customer use. These later versions are expected to be more affordable, starting at a beta price. Anticipation is high that this development will ignite a new wave of excitement in the VR industry, and Cappasity stands a good chance of experiencing increased trading volume and price action as a result. Currently, Cappasity is listed on Kucoin, but with the potential for greater trading volume, it may be listed on additional exchanges in the near future. Cappasity is adding to the important APPLE development list with NVIDIA.
CLong
by Goldenbreakout
2
Pepe prediction Now I'm not entirely sure I can do TA on a hype meme coin but il try as I want to buy some. Pepe might be the next meme coin champion next cycle 🤷‍♂️ We over shot the 1.13 fib massively because of crazy fomo hype (circle) but ultimately came back down, retested and got rejected. All ups have thier downs and I expect pepes to be a deep retrace. X marks where il hopefully be able to pick some up 🤞🔥 This price was pepe's last resistance which was not retested. This price is also the 0.886 fib from the first up swing. Price is also the 1.13 from the most recent swing.
Short
by Connix
Long AI Short HypeFighting innovation is a fool’s errand. Getting entangled in hype is no less. Generative AI is drawing attention. ChatGPT skyrocketed in popularity since launch last November. With its intuitive responses, it has become the fastest-growing app in history reaching one million users in five days and 100 million in two months. In contrast, Google took 12 months and Facebook required four years to get there. The virality highlights the potential disruptive power of generative AI. Disruptive innovation is not new. Railways in 1800s to Blockchain in the recent past provide ample history. As observed before, innovation takes time to mature. Yet the hype cycle races ahead only to plunge in time to normalise. This paper uses iShares Exponential Technologies ETF (XT) as a proxy to cutting edge innovation. XT invests in global firms with exposure to exponential tech, which displaces older tech. It invests across nine themes comprising of firms in both developed and emerging markets that create or use exponential tech. This paper argues for gains to be harvested from sinking hype using a spread trade. A long position in CME Micro E-Mini Nasdaq Futures (MNQ) combined with a short position in XT will deliver a compelling 1.49x reward to risk ratio. HISTORY OF HYPED INNOVATION Gartner hype cycle graphically depicts disruptive innovation journey. First comes the climb to peak hype. Second, fall to trough of disillusion. Third, slope of enlightenment followed by plateau of productivity. Using Google Trends as a proxy for hype cycle, it shows that market mania around AI is not new. AI searches surged in 2011 with the launch of Siri, Cortana, and IBM’s Watson. With natural language processing tech still in infancy, practical applications were limited then. And soon, the frenzy fizzled. Innovation in new machine learning algo such as convolutional neural networks and deep learning led to the launch of ChatGPT. Its potential is clear. Yet the tech is in early stages requiring a lot more work before it can mount serious challenge to existing tools. Tech parity will take considerable time let alone the meaningful monetisation which requires legal and ethical AI use hurdles to be cleared. One of the foremost examples of Gartner’s Hype Cycle is the boom in US Railways between 1840-1860. Hopes of ever-increasing returns attracted large scale investments only to result in eventual disappointment. Illustrations from recent past (Crypto, IoT, and Blockchain) shows similar fate of over-hyped tech. CURRENT HYPE IN XT, C3 AI, AND BEIJING DEEP GLINT A 23% surge in price in iShares Exponential Technologies ETF since mid-October last year is emblematic of Gartner’s hype cycle. This is even more evident in the share price of C3.ai. Founded by legendary entrepreneur Tom Siebel, this company was named C3 Energy when formed. It changed its name to C3 IoT in 2016 and then renamed again to C3.ai in 2019 to ride the waves of hype. US equities cannot claim monopoly over hype. Equities elsewhere get swayed too. Shares in Beijing Deep Glint Technology also rallied 80% spurred by ChatGPT. However, last week, the company announced challenges in offering ChatGPT-linked products causing its shares to tank 10%. ROAD AHEAD FOR GENERATIVE AI Generative AI is here to stay. Infancy for now but the tech will mature. Competition will rise. Winners will emerge. But monetization is another story altogether. Favouring innovation while frowning on hype fuelled by inflated expectations, this case study proposes a spread trade. A long position in CME Micro E-Mini Nasdaq Futures (MNQ) combined with a short position in iShares Exponential Technologies ETF (XT) delivers a compelling 1.49 reward to risk ratio. TRADE SET UP Why a spread trade? In the short term, elevated levels of uncertainty have left experts puzzled on whether we are in a bull market or a bear market rally. Hence, to extract pure alpha (by neutralising beta) of securing gains from diminishing hype, this case study proposes a spread trade. The spread will gain in a bullish market when MNQ rises relative to XT. Similarly, the spread will gain in a bearish market when XT falls more than MNQ. CME’s Micro E-Mini Nasdaq-100 Index Futures expiring in June 2023 (MNQM2023) provides a notional exposure to $2 x Nasdaq-100 index. With MNQM2023 settling at 12,525.50 on February 17th, the futures provide a notional exposure of $25,051. XT settled at $52.58 on the same day. A spread requires notional value of both the legs to be identical. Therefore, this requires short selling 476 units of XT for a short exposure of $25,028. • Entry: 238.218 • Target: 255 • Stop: 227 • Profit at Target: $ 1,760 • Loss at Stop: $ 1,180 • Reward-to-Risk Ratio: 1.49x MARKET DATA CME Real-time Market Data helps identify trading set-ups and express market views better. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com DISCLAIMER This case study is for educational purposes only and does not constitute investment recommendations or advice. Nor are they used to promote any specific products, or services. Trading or investment ideas cited here are for illustration only, as an integral part of a case study to demonstrate the fundamental concepts in risk management or trading under the market scenarios being discussed. Please read the FULL DISCLAIMER the link to which is provided in our profile description. REFERENCES www.cmegroup.com www.cmegroup.com
CME_MINI:MNQM2023Long
by mintdotfinance
18
MSFT still respecting key levels (options)Trading options based on key levels to take profit can be an effective strategy for investors looking to capitalize on short-term price movements. These key levels, also known as support and resistance levels, are often identified by analyzing historical price data and identifying areas where prices have previously stalled or reversed. By entering trades at these key levels and setting profit targets accordingly, investors can limit their risk and potentially realize gains in a shorter period of time. However, it's important to remember that trading options involves risk and investors should have a solid understanding of options trading and market analysis before attempting to use this strategy. I created these key levels on MSFT in December and they still hold true today. Red levels are daily levels, yellow are hourly levels, and orange are your intraday levels. By my estimation, MSFT looks like it will bounce and find resistance at $260, but if it breaks through, it should go to $264 next. However, if MSFT breaks down tomorrow, we should reasonably target a move to $253 and a further move would go to about $247. Todays price action was lackluster. There was a nice trendy move at the beginning of the day but it almost completely reversed itself. Watch the wavemaster indicator on lower timeframes for a sign of what is to come next. Right now, I see us in the middle of a range with a higher potential we bounce tomorrow vs go down.
NASDAQ:MSFT
by bitdoctor
BITCOIN IS OVERBOUGHT! RSI shows the price will go back downTo everyone that is overly exited with Bitcoin right now... Calm down! Yes Bitcoin has rallied quite a bit for the past day, but don't jump on it too quickly because it is extremely overbought. As shown on the RSI, the price is largely above the 70 mark, meaning that people are buying excessively and that the price will soon come back down. If you gained from the bullish movement, think about selling soon and buying again when the price will come back down because it certainly will according to the RSI.
BITSTAMP:BTCUSD
by YanakTrading
1
🚀AI WILL TAKE THE AI CRPYTO MARKET TO NEW HYPE As the crypto market continues to experience a bear market, many are looking for the next big thing that will shake up the crypto industry. artificial intelligence (AI) holds great potential for the future of AI crypto, and we expect that this is the next that will change AI trends to new high volume. a crypto project that has garnered attention is OCEAN . According to some of our predictions, the coin is expected to experience significant growth and is able to reach levels of 14 USD, which would be crazy at this moment to say. our first expectation for this coin is an important target of $1.29 which means a return of 600% Elon Musk, the founder of Tesla and SpaceX, has already made strides in the field of AI through his work with OpenAI. It is believed that his efforts are just the beginning of a larger push into the realm of AI. We did ask OPENAI about AI's future As more investors and "whales" will enter the AI market, it is expected that the field will continue to grow. we even predict that AI will surpass the current hype surrounding NFTs and DEFI in the crypto world. We believe and expect that the next high-volume trend is AI. Time will learn or our expectations were right depending on this trend study. This study was made depending on the scan of markets, and the interest that could be after the NFT and DEFI-- we found that AI is the next trend. If you want to read the OCEAN update check it.
OLong
by Goldenbreakout
3
Adios RIVNThe implosion of crypto markets impacts all other non-sensical trading and investment ideas. Not to say that some business models are faulty, but many are, shall we say, trading at rather inflated levels. RIVN is a case in point. It found a lifeline in early October when 30.72 (RED) provided a nice bounce, but after today, we see that it is now a distant memory. Both 30.72 (RED) and 29.45 (ORANGE) were breached. Don't be a knife catcher.....that's not how you succeed in this business.
NASDAQ:RIVNShort
by AspenTrading
Tama tamadoge H&S and why we cashed outHello everyone, We decided to cash out yesterday at 0.018 because of the hype and the mcap. 📍Yes I made a lot of profits on this cryptocurrency. And thank-you Tama team for setting up something nice with a good idea (no inflation, but instead deflationary aspect) Probably good working game too.. But one thing we shouldn't forget: it's simple. Simple game. Simple nfts. It's fun. But top 100-200 cryptocoins fun. Not top 40. Mcap at that moment was 175 Million. For this project to reach 1 Billion, it will "only" go x6 more. So +- 1 dollar where everyone is aiming for. Maybe this project indeed goes top 40. Look at doge, shib.. these hype coins in the same category without much utility went far too. But the past is never a given for the future. Let's not forget that. Anyway, since this idea the coin went down by 25%.. If I would reinvest, I'd wait for this H&S to develop first & see if it indeed reaches 0.08. That would be an ideal re-entry imo (for only 30% of the funds, so 0 risk).
TShort
by Bitcoinleverage
1
RVNUSDT Analyze (ETH Merge soon Launching)!!! 🧐 I think something special is happening here to Ravencoin (RVN) , but please don't get FOMO. Of course, the good news for RVN is that there is the launch of the Merge tomorrow 2022-09-15 at 6:00 UTC in approx 13 hours frome now. But as it has been hyped since weeks now ETH could crash after the launch. RVN will be one of the only coins profitable for GPU mining so people are expecting a rise to happen here. We should expect at least a correction after the strong upward trend that it had in the previous hours. RVN Analyze ( RVNUSDT ), Timeframe 15m ⏰. Do not forget to put Stop loss for your positions (For every position that you want to open). Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe. Cheers!
Short
by znakosaur
Tomo Range and maybe new bullish Trend startedTomo-USDT touched the dynamic Trend line and also static support zone. in RSI Tomo broke bearish Trend and started new movement. distance between the Price and MA 200 is too much & 4 days close price are above EMA 20. So i think its time to buy for midterm and also long term investment. in Midterm it seems to be easy to reach zone 2.5 $. #DYOR also don't forget to watch my analyze of TOMO-BTC chart! maybe it will be a super X Trend. something like Solana or SHIB good luck feel free to share your comments and opinions. BINANCE:TOMOUSDT KUCOIN:TOMOUSDT FTX:TOMOUSD
TLong
by Mehdi88887777
IOIUSDTHi all, I´ve got the request to check IOI/USDT because now is hype about this coin. The Slovak company looks really good and wanna be succesfull - the about 50 people doing really well job. Their comunity increasing a also their twitter updates are good. On the coinmarketcap ranking is around 3000. But you don´t be afraid - it´s not a scam. Metaverse/ NFT/ Gaming - this sector will be growth rapidly I think. In the daily chart the downtrend was stopped and the flag resistance was broke the resistance and trying to stay safe. We can go thru next stronger yellow trendlines (resistances) or we can retest support in the yellow rectangle and if we fail - retest in the green support. So - if you wanna try your lucky and go for market - use SL under yellow trigger. SL is must have with no discussion. Because it´s realatively new coin, with hype - we can go higher. But I will not buy earlier than we will be definitely thru the yellow rectangle or in the yellow elipse. SL 1 (if you are in) - 25% (1.81 usd) SL 2 (if you wanna buy on the bottom of yellow rectangle) - 29% (1.348 usd) TP 1 - 15% (or 40%) TP 2 - 42% (or 80%) TP 3 - 83% (or 130%) TP 4 - 122% (or180%) TP 5 - 182% (or 255%) It´s up to you guys. RRR is huge, so good oportunity. We will see after few weeks where IOI will be... LBL_CZ
Long
by LbL_CZ
The Truth About "DOGE!"Doge made a lot of people millionaires due to Hype from the bullmarket of 2020. Another reason was Elon Musk tweeting out about Doge. Many people have asked me, what I thought about Doge when it hit 60+ cents. I told them specifically that this Crypro has no use case and should take profit as quick as possible. The problem with Doge - Big Investors will invest just to make money but will not commit 100%. Many big investors took the money and ran, leaving many people Holding "BAGS" - It is a MEME coin, it already has a bad name to it. - It is inflationary, It has unlimited supply. The inflation rate is 5 billion Doge per year or around 4.1% inflation rate which is Higher than the US dollar. Take advantage - Personally, if another rally will occur, I will invest in Doge for short term gains. It is mostly short term which is invest, wait for the pump, and take profit. This is my Personal View base on Experience with Crypto for about 4+ years. Thank you!
BINANCE:DOGEUSD
by OmaOne
2
BTC reversal - The other pathIn the recent post "BTC reversal", I have showed you how a normal market behave in this type of situation, that is when reversal structure appears accompanied by more patterns founded in Chartism. Sometimes BTC do behave as a traditional market (commodities, forex, etc), nevertheless, Crypto is a special kind of market, one with very high volatility and in which is common to see over extended movements. That's why, now, I'm sharing with you how I will trade the possibility of an over extension. Any of both cases end up with a strong correction to the 40k-46k level. Best of luck for every one of you !! Thanks for your support. Let me know what do you think. Give me a thumb up if you feel it. Peace and Joy Crypto Solar
BITFINEX:BTCUSDLong
by CristoJarabaFX
4
$SHIB's Game of Chicken -- Possible Market Downturn Soon?$SHIB has that pattern where the price jumps in short spurts then sinks -- this is usually indicative of a project that's running on marketing hype rather than product. It then becomes a game of chicken between who sells first. It's going to get nasty, imo. After it's initial pump in October, it stabilized for a few weeks, which one could argue is the *real* price point of $SHIB. But even then, everyone I knew who got into it had no plans of holding it long term, so it seemed tenuous to me, even back then. It's kind of crazy because you see ads and bots for $SHIB all over the place now but it's "burst"-ness gets less effective every time. It's reached its peak, obviously. But if it dips below Oct levels we might see panic set into #crypto as whole. Hype cycles tend to do that. HODLers have nothing to fear since this can be an opportunity for them to capitalize on lower costs of coins that have more serious aspirations. But when Buffet says you'll see who doesn't have pants on when the tide goes out, this is what he means.
COINBASE:SHIBUSDLong
by RyanTanaka
4