MATIC-USDT(Possible shooting star bull candles and Fundamentals)🌟⭐🌟
Depicted above 💹, we have MATIC on a 4 hour chart, MA cross gap is pretty big at the moment which is a bullish sign🐮, we also see our possible shooting star candles 😁⭐
Keep in mind it is possible we do a nice little correction ↘🤏🐻, before more blast-off.😄😅🏁🚀
FUNDAMENTAL OVERVIEW : 🧐💭📝⏬⏬
Polygon(Matic) is a very successful 2-layer scalability engine, which has been around since 2017💲🎉
Layer2️⃣ scalability allows for gas prices💲🚓on Marketplaces like OpenSea (one of the largest markets for NFTs🉑, Dapps🕹🎮, etc., which runs on POLYGON network,) to be little🤏 to none🚓😄
Polygon is now even getting it's cut out of UNISWAP🦄 V3 positions on OpenSea, where in the past 7 days UNISWAP V3 positions have moved up 2,060% to it's 25th place position of top NFTs sold on OpenSea.👇
Wow that is ironic, MATIC and UNISWAP are competitors in a sense. Not to mention, SUSHISWAP🍣 (successful reinvention of UNISWAP🦄,) is now available on MATIC network (as of about 2 months ago 🕘📆📌) 😊
😀👋👋 Here is more good news 😄😁🔽📰📰:
The MATIC network just came out with QuickDuck🦆 ( a Network yield optimizer,) which uses a compounding farming strategy.. what does this mean ? 🥱🤔⏩⏩⏩ Let's take a look 🧐🔍⏬⏬:
Users who invest on the POLYGON(MATIC) network, will soon be able to invest into the 100 and some QuickDuck🦆farming pools🟦 that the Network plans to release. QuickDuck🦆 technology is coming out this Sunday📌📆. ⏩⏩ (investors on the QuickSwap, SushiSwap🍣 and Cometh exchanges will earn more money through compounding interest, etc...)
This is an upgrade no doubt for the POLYGON network👌🆗, which previous to QuickDuck🕘🦆, investors could only withhold profit rather than just reinvesting the profits earned (compounding.)👍
This chart is just for fun⭐ and I believe MATIC will increase in price long-term🆙🆗. Networks like POLYGON are a good alternative to save on crazy GAS fees🚓💲 on overclocked networks like ETH.👌
✅🆒💗🔍📈
If you enjoy more technical approach rather than fundamental✌💹⏬⏬:
Take a look at MATIC chart WEEKLY on a logarithmic scale. It paints a pretty bullish picture 🐮🌄, if history is to repeat itself.
If we maintain bullish momentum, I will post an update with more (possible) accurate targets short-term! 😀
🛑🛑🛑This is never financial advice🛑🛑🛑 I always recommend looking at multiple charts when making a big investment, thank you!
Always have a stop loss ✋🛑💲 set
Any thoughts 💭💡, questions 🙋♀️🙋♂️❓, good 👍, bad👎, happy 😄 or sad 😥, in the comments always welcome.
Thank you so much!!!
Jazerbay 🐶
Longtermbullish
M8G Media and Games Invest PLC - LONG Be prepared to buy the pullback for a potential
gain of 40% with the target set of the 1-1 Ext
at the top of the ascending channel .
This will be a long term investment
Know your invalidation and use a SL
This stock is trading on the OMX30 Stockholm stock exchange
Bullish forecast. Price probably will fall back to around 1748, to have a better price to rocket sky.
KOSPI on verge of multi year bull run ?At least this monthly chart and trend says that... keep a close eye
BTC correction overdue, Oscillators at extremes, Median line hitBTC has been on an amazing run this year, Seems like nothing can stop it. However it feels like a correction is overdue. The question is; will BTC smash through this median line and make its way to the top of the channel or will it correct and retest the channel shown in red?
Key points:
Oscillators are at extreme highs (but they can stay this way for a long time!)
Last time the RSI was this high was at the top of the 2013 bull run and the MACD has never been this high
The median line of the long term channel has just been hit
Bias remains bullish long term
A retest of the red channel would be around $25,000
RSI almost at all time highs & MACD at all time highs:
Trade with caution. I'm not buying BTC here, but I'm certainty not shorting it either. Instead I'm locking in some BTC profits and looking for opportunities in the alts. Hopefully we're at the point in time where the alt season starts really warming up.
Never Trust. Verify.
D.Y.O.R . Not Financial Advice, this is my trading journal.
Always remember: Technical Analysis is not about being right, it's about increasing your odds.
Be prepared to be wrong. Risk management is key . Capital preservation above all else.
SHOPPER STOP - BULLISHLOOKING GOOD FOR BUY SIDE, AFTER A LONG CONSOLIDATION IN AN ASCENDING TRIANGLE, PROBABLY IT WILL GIVE GOOD MOVEMENT AFTER BREAKOUT.
YOU CAN USE YOUR BREAKOUT STRATEGY FOR THE BELOW TARGETS.
BULLISH ABOVE: 225
T1: 265 (18% GAIN)
T2: 320 (42% GAIN)
$MAXMF What a GEM! $SOUSouthern Energy 2021 bounce back time! Multiple plays here and patience pays.
#oilandgas #Engergy #lightoil #naturalgas #acquissitions #OTC #TSXV #Roundingbottom
#Maxmf #Sou.V
This ones going to be a fun ride up
Gold - The Yellow Stable Coin - Cup and Handle?Not that stable, has seen much action since 2019, and now, we have a curve, a deep one at that. Inflation is being miscalculated (if you go by CPI then I have a bridge to sell you). We can see a bit more down, but if this manifests as a curve and gradually moves back up, the handle will be formed and then probably a good idea to be hodling some of the yellow stable coin.
BTCUSDT Potential direction (Estimate next peak in April)My very novice TA.
I suspected that 42k (8th Jan) was the peak of that cycle & it would dip from there probably to 28-25k over a week or so, say by the 18th feb. That process held off for about a week but is now in full swing. I estimate that it could go to as low as 22 & then pop back up, & follow more or less within the range (Yellow plot), more or less a in fluctuating sideways direction, then gradually start coming back up again. With the next peak sometime in April, probably not drastically higher, but probably about 47k to 52k.
Just an idea, not financial advice. I am short-term bearish as the December wave was far too frothy & clearly broke at 42k, and now that wave is still coming down, getting ready for the next set. If I look at the fib circles & sine waves, or atleast just visually with my very basic understanding, & then look at the MACD, there is still some more room to come down before it plateaus out. Then as I say I think it will go sideways, then gradually back up. There's so much institutional investment money pumped into it, but in every cycle, there's a dip, as sell orders get triggered & people cash out, before buy orders get triggered & people buy more.
So that's my very novice TA.. Definitely not financial advice, I'm a construction worker, not a financial analyst lol. Just an idea & trying to see if i can map out the potential direction moving forward. Give it a like or some constructive criticism if you like. Look after yourselves, & buy the dip.. Peace :)
S&P500 - Better Buy Prices on Deck possibly this weekMinor dip, and what appears to be a lower high unless prices move higher in the last couple of hours. Minor bearish divergence detected on the RSI. Ultimately I am long, got the shorting out of my system at the beginning of the year. Just looking to invest at better prices. We are overdue for a little bit of pain as well as illustrated by my previous idea which did play out.
Also price keeps hovering near the 3666 number, I'm sure it's pure coincidence, it always is...
Would be aiming for a test of 3612 if I were shorting from today's highs. 4 More days after today and then I would hope to not be staring at charts the next week, save for possibly cryptocurrencies and to have all available cash invested for this year.
SPX might consolidate here a little before making further up runSPX is showing signs of volume exhaustion, this is usually followed with consolidation and this is where price is accepted by the market, further up move will likely come when more volume comes in.
Please note that SPX is showing long term bullish intentions, also in accordance with out previous analysis, this is just small halt and further up move will follow.
3 SCEANRIOS WITH LONG TERM BULLISH BIAS - YOU DECIDE 10500 is a historical resistance that we've already been rejected from.
7800 - 8100 is needed in order for the structural integrity to be maintained in a healthy way.
Ever since 10k we've slowly bled all the way to 9k (where we're currently stuck under 9300 and above 8800 support.
In my view of perspective, market makers & exchanges cooperate with each other in order to push price up higher to trap new traders into thinking it'll break the 10k historical resistance. Is this still possible? OF COURSE. Is this the trade I'd take? Nope, I'd rather wait til 10000 held on a daily candle before even considering bullish bias.
It's easier for whales to dump the price $1400 to $7800 then it would be to break the historical resistance at 10500.(where my bias is originating from)
In conclusion, I've created 3 scenarios for price action to lead towards. Why?
I want you guys to read the chart and make your own bias! I'm here to create the visuals to help you see key area's.
BUT it's your job as traders to do what works for you!
Either see you guys below 9000 or above 9300.
Wyckoff MethodDelta has been undervalued since they haven't been able to perform as per usual. It may be a while before they continue business as usual. They will be able to bounce back as one of the Domestic Airlines. I am more interested in Domestic since other countries may want to keep a hold on the spread of the Virus by preventing international flights.
Overall this is the BOTTOM considering they have been cutting flights by 95% this is literally their minimum capacity. There is only up from here. Not only that but a familiar pattern has risen to rear its head. Wyckoff method. If it is the Wyckoff method it will test that first line again by the end of next week.
Even if it doesn't I still think this is a good buy signal. Delta is in a great position to grow from here so long as there isn't a second wave of breakouts with the virus.
SPCE Time for a Little Risk Off Pullback to the 8day MAPurely speculation here, but with earnings 11 days away I can see this pulling back a little bit maybe down do $22 prior to earnings. (There are none). This is a hopium/growth speculation for most out there. Broke out recently because people reaching for growth.
Pacific Gas and Electric RSI Bullish Divergence on the weekly.Once they start keeping customer lights on it's just a waiting game until this stock takes a moon shot given the obvious RSI divergence. It could go down to $2.00 after earnings. I am in this one long term and I cannot wait for it to one day to go back up to 45$
BNBBTC Bullish Gartley PatternHi guys, Binance coin is right now in Potential reversal zone of Bullish Gartley Pattern ;) It´s perfect buy zone for us, because BNB have huge potential in Long - Term trade! I´m sure, that BNB will hit first and second target on the end of October. I wish you at least +30% profit in this trade ! ;)
PS: I wanna say BIG THANK YOU for FOLLOWING me. I appreciate it ! :)
