MEME
Day trade - COTI showing interesting trendsHello trading friends,
This is a small trend view for COTI, which could show coming time interesting trends.
There is not always a reason to enter markets directly, this is a view to check for possible setups.
- we will see coming time with a time frame or this coin will get a confirmation for further uptrend.
Have a great day.
madness, as is traditiontook some profits last summer, along with a much needed hiatus. figured that was the best way to keep the aforementioned profits.
shes a moody puppers. if this week closes anywhere below .15 then I'm not buying until 0.12 at the very lowest. IF she manages to hold this level, then we have seen the shiba's shadow and it will be another six weeks of winter.
THE PEOPLE COIN SHOWS INTERESTING TRENDS AND DATAHello trading friends,
The people coins show an interesting trend, but it's too short to say it's the next dogecoin.
The price is in the area of 0,04 trend, and it has options to increase more with time.
It's important to find good setups of coins like this, as the price can change between range and range into the short term.
Depending on history trends we see a breakdown trend since the 0,18 top, and it seems we are about to confirm a new bottom on the high time frame.
With time frame we will have more data about this coin which seems to be an interesting trend for the coming time and with a possible more % increase trend.
Will follow the coin coming time for possible new setups, and it's always good to study the trend.
Have a great day.
MEM-USDT Bottom + Falling WedgeBreak out + re test + bull div. Strong bottom at 0.10$. Low supply on the exchanger.
And so it beginsOrks vs Mankind.
Bears vs Bulls.
A battle to decide the upcoming months.
The shadow over Mordor grows larger and larger each time the price gets repelled by negative trendlines and hope seems to fade in our darkest hour.
But... there IS hope.
The lower bound Logarithmic Growth Curve has given Bitcoin Support in the last 10 years. But will it stand strong, or will future Bear-Millionairs ask: Were was the Logarithmic Growth Curve when 40k fell?
The next days will decide if we have to cancel our Forbes-Interview or if we never have to work again.
Which side are you on? Crypto-Chad or Paperhands-B*tch-Boy?
Stay tuned for more!
DOGEUSDT: WILL TESLA BRING DOGECOIN TO THE MOON?Hello Enthusiast Coin Addict! Here's short-term outlook for DOGEUSDT , Support the Channel by smashing the FOLLOW and LIKES Button, then Share your opinion on the Comment Section below :)
*DOGEUSDT is breaking out of the Falling Wedge Pattern
*Breakout of Falling Wedge Pattern could indicate a potential bullish movement in the near future
*MACD indicator already crosseed above the zero level area, that signify the potential stronger bullish momentum may remains ahead.
*Furthermore, Elon musk said,"Tesla is accepting payment for some merchandise with doge coin". The action may impact on stronger bullish bias on DOGEUSDT.
The roadmap will be invalid after exceeding the resistance/target level
*DISCLAIMER:
This isn't a recommendation to buy or sell cryptocurrency, only an Outlook from technical perspective.
DOGECOIN - INCLUDE TARGETS PointsHello trading friends,
This is an update with doge targets depending on A B C trend strategy with trend lines.
At this moment doge is into a green cycle, but this is just the start, and dogecoin should prove and confirm more targets to go main target and volume trend area and the FOMO area where the risk management should be completely fine.
Into the chart, you can find some interesting points, which means if we gain a level with confirmation, high chance the next one will come.
0,30+ trend are an important price expecting for dogecoin, as the same time the main area started there, this is also showing on the chart.
This chart shows where we are, for example, if we find our self into the FOMO level, then we know risk are high, and the main trend we know is that we could break out. and ad support, we know this could be the button and new start and so further.
Have a great day!
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DOGECOIN vs SHIBA INU 2Here we go: These dogs are wrestling with each other again! (see the 1st "fight" in the related idea) Who is gonna be stronger?💪 This is comparison DOGEUSDT/SHIBUSDT, so if the:
- price is going up, it means DOGE is stronger than SHIB
- price is going down, it means DOGE is weaker than SHIB
DOGE just broke up the major downtrendline (red). I think we could see hitting the resistance zone (7600-8300) during the throw-over out of the yellow rising wedge as shown by orange path projection. Then drop and bounce off the wedge upper edge followed by surge to the target. To sum it up, it looks to me that DOGE could be stronger than SHIB in the following days/weeks. Let me know your thoughts!
Check my other stuff in related ideas.
Please like👍, comment🗣️, follow me✒️, enjoy📺!
⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
This Classic Breakout Calls for a Shiba Inu ReversalShiba Inu (SHIB) was one of the top gainers from yesterday's rally in market, gaining more than 13% after breaking above a critical descending trendline.
Trendline Breakout
Shiba Inu's price is set for a short-term rally after breaking above the descending trendline that connects the lower highs starting from the all-time high of $0.000088, but it faces short-term resistance at $0.000039.
The trendline breakout gives hope to the bulls that the current rally can continue. This is a significant breakout because it was used to frame the sell-off from the all-time high. In this regard, the current breakout might signal a shift in the market sentiment and a possible reversal.
MACD Bullish Divergence
Additionally, another classic technical pattern known as the MACD bullish divergence adds confluence to the bullish case scenario. The MACD bullish divergence happens when the price is making lower lows, but the indicator is making a higher low, which signals that the selling pressure is cooling off.
Moreover, the SHIB price is currently bouncing off a key long-term support level at $0.000026.
Oil outlookDemand on oil will remain unchanged during year 2022 as economies recover from COVID-19 pandemic, prices will rise up as economies try to push above 2019 numbers.
But this rise in prices will be managed by supply distributions as long term high oil prices harm production prices and a lot of economies, supply will increase to stabilize prices.
Chart say supply zone around 100 dollars, and now the price move in rising wedge completing three up moves of it, correction to down side and then a rise is the most probable thing.
Remember we trade the chart not the economy, fundamentals and micros give us sense of the long term direction, but it tells nothing about the future price movement.
SHIB/USDT - WHERE TO GO ? UPSIDE AND DOWNSIDE TARGETS.SHIB HAS GONE PARABOLIC for a year and needs to consolidate.
forming an inverted head and shoulders.if the H/S fails,it will be a violent capitulation to the 0.00002 or lower.
if the H/S materializes. we will come back to0.00007.
There is no certainty in trading , only probabilities,
Trade safe.
CUP AND HANDLE - BABYDOGEUSDT - EXPLAINEDMake sure to LIKE and FOLLOW for more valued content!
What Is A Cup And Handle?
A cup and handle price pattern on a security's price chart is a technical indicator that resembles a cup with a handle, where the cup is in the shape of a "u" and the handle has a slight downward drift. The cup and handle is considered a bullish signal, with the right-hand side of the pattern typically experiencing lower trading volume. The pattern's formation may be as short as seven weeks or as long as 65 weeks.
-A cup and handle is a technical chart pattern that resembles a cup and handle where the cup is in the shape of a "u" and the handle has a slight downward drift.
-A cup and handle is considered a bullish signal extending an uptrend, and is used to spot opportunities to go long.
-Technical traders using this indicator should place a stop buy order slightly above the upper trendline of the handle part of the pattern.
It is worth considering the following when detecting cup and handle patterns:
Length: Generally, cups with longer and more "U" shaped bottoms provide a stronger signal. Avoid cups with a sharp "V" bottoms.
Depth: Ideally, the cup should not be overly deep. Avoid handles that are overly deep also, as handles should form in the top half of the cup pattern.
Volume: Volume should decrease as prices decline and remain lower than average in the base of the bowl; it should then increase when the stock begins to make its move higher, back up to test the previous high.
A retest of previous resistance is not required to touch or come within several ticks of the old high; however, the further the top of the handle is away from the highs, the more significant the breakout needs to be.
A profit target is determined by measuring the distance between the bottom of the cup and the pattern’s breakout level, and extending that distance upward from the breakout. For example, if the distance between the bottom of the cup and handle breakout level is 20 points, a profit target is placed 20 points above the pattern's handle. Stop loss orders may be placed either below the handle or below the cup depending on the trader’s risk tolerance and market volatility.
Shiba/USD Current Trend!Let's wait for this trendline to break before we can expect a bullish push! Clearly, the bulls are having a hard time breaking through but once they do, I can see a quick 5% or higher gain. Keep in mind BTC is still king and if it feels like having a bearish move after Shib breaks this trendline, Shib will go down also.
Love it or hate it, hit that thumbs up and share your thoughts!
Don't trade with what you're not willing to lose. Safe Trading, Calculate Your Risk/Reward & Collect!
This is not financial advice. This is for educational purposes only.
Shiba Inu Pump Incoming?! In Depth Analysis And ReviewIf you are bummed you keep missing out on the Shiba pumps, or if invested money in right before the most recent dump do not be fearful. Personally, I am very bullish on Shiba. Below I will give a list of factors why.
1. Volume
For my thoughts on volume, I noticed an interesting observation from As mentioned in this idea, the volume has been in a continuous downtrend which is what we have seen before previous pumps. Additionally, there are major support zones supporting price.
2. Trend Breaktrough
As seen in the chart, you can see the triangle formed and the breakthrough. This is very bullish for shiba.
3. Bullish Momentum
As seen through the MACD and Stoch RSI indicators, momentum is in our favor.
4. TP levels
Since I am leveraging my personal trade, my tp 1 is 0.0005 which is the first major resistance zone.
ITC Long Term Bullish Trend - Slow upwards grind - BUY zone ITC has been a MEME stock for India stock traders as the performance of this stock has been very poor compared other stocks, even in the hyper bull run over last 18-20 months. But if you're a long investor and looking for defensive stocks with good dividend yields, wanting to preserve capital, ITC would be a good stock in the portfolio. If you notice the ITC chart closely, you can clearly see it has been in upwards bullish channel over last 18-20 months, making higher highs and lower lows. It's getting very close to test the lower channel support line and also 200 DMA support around 215-216 Rupees. If you're a mid term swing trader, you can buy low at the channel and sell when it hits channel upper line. Long term investors can start accumulating at 215-216 levels, as 2022 will be more defensive play and institutions will pile up their money in dividend paying stocks. Key Support line to watch 205 and 200. Key resistance line to watch 266-267.
PATH UiPath Investment Idea - Main Post$PATH
I think this is a great business that can potentially double or triple over the next few years. UiPath is a company that provide RPA SaaS tools that help. Lets Analyse the company slowly:
Business Model , what they are all about:
- RPA mean Robotic Process Automation ; this is a software system that emulate human action repetitive tasks, software robots can do things like understand what’s on a screen, complete the right keystrokes, navigate systems, identify and extract data, and perform a wide range of defined actions. But software robots can do it faster and more consistently than people, without the need to get up and stretch or take a coffee break.
UiPath uses artificial intelligence to analyze tasks while workers are doing them, identifying opportunities for users to automate certain processes after seeing them done only a few times. The platform includes specific tools to get ideas from employees on what to automate, to find patterns in workflows that are ripe for automation, and to build end-to-end process maps that improve key performance metrics. Users can often develop their own automation tools with the help of UiPath's robot-building tools, and the platform handles key issues like cybersecurity, compliance, and IT governance. UiPath even offers training and other resources to help users become as productive as possible.
Founders and the management:
- Daniel Dines: he is a Romanian Businessman, taught himself programing at young age and over time he was able to have a job in Microsoft, being in professional work environment really provide a positive sign about the person future, he later took Masters degree in mathematics and computer science (another formal education that show commitment and discipline that most of people lack). Another positive characteristics of Daniel is he is an avid reader and wanted to be an author previously, this impact on how deeply he know about the industry he is working in and the level of involvement can be.
They have solid management too, for that visit this page: www.uipath.com
I went through key people and checked their history and everything about them seem positive.
Partners:
- After having a look at partnerships that the company have, this is definitely going to scale in the future. Partners include:
- EY, Delloitte, Pwc (three of the big 4!), IBM, Accenture. Just to name few because they have 75 pages on their website showing their partners. EY is an audit company and they adopted UiPath software globally, you do not expect two of the big fours to act and adopt a software without providing a real value for them. I have been personally reading since 2014 that audit firms are pushing to automate process in order to have more time to focus on products and procedures that are relevant to value adding services to customers. Just google it.
Share price:
- Even though the business model and market industry show potential growth and expansion, the company stock never went up that much, even in IPO period the price went up to around $90 per share and it went down now for less than half. The reason can be due to the broader macro-economic situation.
It is important to look at the price range to enter from, I personally see downside potential to reach around 35 in the current market conditions, if the Federal reserve increase interest rate also in the first quarter 2022 as they have just indicated, we can also expect the stock price to fall further more.
I will be monitoring the price of the company and then I will be buying in small bulks every time the stock go down until I make the company become 2% of my overall portfolio.
Competition Risk:
Also, UiPath's partner-focused business model has worked well, but we'll be looking to see how potential competitors respond to its success. If UiPath were to lose key partners for competitive reasons, it could potentially change the industry landscape adversely for the company.
Competitors mainly include Blueprism and Automation Anywhere.
Financial Information:
A quick look at the company financial information, we can find the followings:
- A sign of expansion and growth: revenue is growing YoY
- Making operating profit
- the company is still making net loss, even though its balance sheet show great cashflow numbers, the company still showing accumulated deficit, even though this is a normal thing for new companies that are spending money on sales and marketing, yet we need to know when the company will show a positive sign or reversing net loss effect.
Overall the company is a solid one. I will not be buying now but definitely a one in the watchlist