UTU is a monster in the makingWhile I will be sharing the chart and technical analysis I mainly wanted to bring awareness to this project. As you know Oracles are huge in crypto and this is a sub $1 million MC Oracle looking to solve trust. Solving trust could apply to almost any project in the space, especially DeFi. I've stopped trying to find the next DeFi gem and started concentrating on infrastructure. That way it doesn't matter what DeFi projects wins, as long as the whole space is growing your growing as well. My example is investing in Electric cars. Instead of picking an Electric car manufacturer to win market share concentrate on the supplies to build the cars. This will give you more exposure to the whole market as it grows.
1. Breakout and retest of Symmetrical triangle occurred yesterday.
2. KDJ flipped green
3. MACD flipped green
4. Not pictured d/t clutter just had a bounce off POC of volume profile. Also once nd not much resistance is above.
Keep in mind this is the ETH paired chart. The chart looks this good as ETH is breaking out on it's way to ATH territory. Once price discovery and more learn about this project it is going to be a monster. Couple that with the possible beginnings of an Alt season this could surprise many.
Microcap
SNGLS huge bounce to be expected after a ridiculous drop (400%+)SNGLS has seen an absolutely ridiculous drop in price in the past 6 months, dropping from 223 sats all the way to 13 sats (-94.2%). It currently has a tiny marketcap of around $2.4m. It is currently in a descending channel, approaching rockbottom. Once it bounces, it is going to be ridiculous in terms of percentages. A bounce to at least the previous support level of 75 sats is to be expected, which is 400% profit from the current price of 15 sats. It may go as low at 10 sats first though, so be wary of that and understand that you'll need hands of steel for this one if you plan to buy it at the current price like i did. Basically anywhere between 10 - 15 sats is the buying range.
ATTENTION: VERY IMPORTANT
There is no USDT or ETH pair available on Binance, so there is a massive spread when buying SNGLS as it's a low sat coin. This means that once you decide to enter, there is no immediate going back / changing your mind without taking a 7 - 8% loss. So be aware of this before you decide to enter. This is certainly not a trade for inexperienced / impatient traders, and it is extremely high risk high reward.
My analysis on BNF/ETHLooking at the daily chart for BNF/ETH, it's at it's all time low, and being a micro cap coin with a very small volume, there's high probability for pump in the nearest future, we could see 10-20×
Market cap is $100k
Volume is $110k
A 10-20× will place market cap between $1-$2m, which is still very realistic
This is a good hold for 2021,
You can get this coin on Bilaxy exchange,
Verasity strong recovery followed by a bullrunVerasity is an amazing project with very strong fundamentals and only a ~$3m marketcap. There are multiple important support and resistance levels to watch. Right now we are on the final dip before it starts to truly recover. If it gets as low as 2.3 - 2.4 sats, buy the dip like your life depends on it. Then sit back and watch it go parabolic :) Weekly is also showing bullish engulfing, and VRA/USDT on the weekly is one massive Adam & Eve pattern. In case altseason starts next year, this little gem has 100x potential. DYOR!
Extended from a more probable cup with handle. Room to run?$5.94 is the top of the current consolidation(not much of one). Its a real gamble, but I'll take the bet. Lines up reasonably with CANSLIM criteria; though it could be better.
ADM Endeavors, Inc. (OTC: ADMQ) Big shift in trend accumulationADM Endeavors, Inc. (OTC: ADMQ)
O/S: 138,670,000
Highlights:
Increasing and positive trend in average trading volume
Insider management buying up shares every week
Negotiation acquisition for online and service providers
Debt paid off (Just right products, inc)
Our digestion:
With the recent news and price action combined with management becoming heavily invested we see a positive future for ADM Endeavors.
We cover stocks that we are both compensated and not compensated. Our compensation disclaimer can be viewed through our profile.
Bergio International, Inc. (OTC: BRGO)Bergio International, Inc. (OTC:BRGO)
44m O/S
BRGO has been a particular fighter recently.
This is a pure technical set-up for possibly huge gains with a .017 break.
1st goal: Needs to break and hold tge first level at .011. (Currently acting as major resistance)
The trend has been strong. We have seen a strong bottom hold. Increasing volume over time while holding price levels are very bullish.
Our belief is that if the volume keeps up like it did yesterday (8/31/20) it shouldn't have any problem making that .011 a support area in the future.
Disclaimer: we are not investment advisors and this is not a buy/sell recommendation. See disclaimer in profile.
BUY: A Micro Cap Company Aiming To Improve The Health Of CattleHere is an idea that I am going to pursue this coming week - feel free to join me.
Let me give you the profile of the company.
Name : ImmuCell Corporation
Sector , Industry, Country: Healthcare | Biotechnology | USA
Plain English Overview :
They create health products, in the form of pills & vaccines, to make for healthier cattle.
The goal is to reduce the use of antibiotics in the American food chain.
________________________________________________________________________________________________
I've divided the fundamentals into 6 parts . These six parts are based on research, and I think they are the most important criteria to consider when thinking about investing in a company, especially a small one.
Fundamentals
VALUE
-- P/B: 1.3
DILUTION
-- 7M shares
QUALITY
-- Debt/Equity < 0.3
-- Long-term debt/equity < 0.3
CASH
-- P/C: 5.3
OWNERSHIP
-- Insider: 28%
-- Institutional: 20%
GROWTH
--Quarterly revenue growth: 11%
________________________________________________________________________________________________
Now let's talk about technicals , briefly.
The stock is at the bottom of its range and is putting in a double bottom with a breakout ('W').
All in all, the stock seems like a pretty good idea to pursue - as long as you position-size (i.e don't risk more than 5%), I think it's not a bad idea. 📈
💥 Compression Play, Acer Therapeutics. (ACER)✌ You will want to play the breakout to the up or downside on the green triangle I have drawn.We are testing the top of a longterm downward Resistance.
Daily Timeframe
Crossover Strategy: Doji
The EMA Dots: 3/3 Red
Support Level: Bottom Green Triangle
Resistance Level: Top Green Triangle
Play the breakout and line up the indicators.
Have an awesome day! ✌
🥇MLT | MAJOR LEAGUE TRADER
😯 IH&S Test Breakout. (SPRT)🤔 This one caught my eye based off the fact it has printed a higher high with this potentially being a higher low. Looks something like an inverse head and shoulder pattern. The green line is the Resistance we would like to see breakout for a move up. I'm adding. I'm risking around 8% SL on this one.
Daily Timeframe
Crossover Strategy: Green Crossover
The EMA Dots: 3/3 Green
Support Level: 1.19
Resistance Level: Green Line and 1.49
A break above I think we shoot for the 1.49. Which would be a 15% move.
Remember to diversify your capital, especially on penny stocks just in case you do have to take the hit.
Have an awesome day! ✌
🥇MLT | MAJOR LEAGUE TRADER
Held 2+ Month & Literally Sold The Top! 😁 (GPRO)💰💰💰💰 Couple of days I told you I exited go pro for 111% return after holding for little over 2 months.
I wanted to show you this update as I said we were heading into major Resistance and that I wanted to unload my position.
I called it on the money! Saved myself from roughly a 12% loss.
You got to go with your gut and when you see the signs you exit! Take your profits when you know it's a good deal.
I'm very proud of this trade. 😁❤😁❤😁❤
Good luck everybody! 🙏
🥇MLT | MAJOR LEAGUE TRADER
IAmGoldCorp Testing Breakout. (IAG)Based off our history we have a nice wedge pattern being developed on the 2 week.
Our main Resistance is 3.88 - 4$
Break that and we should move north out of Resistance.
No telling how high it would want to go.
We do have have a potential higher low on the bottoms.
If we broke out I think we would see a nice size push.
Could be developing one massive cup and this could be the push for the right side of it.
When scrolling penny stocks we look for these major zones of Resistance and support. Preferably wedges.
Now if it got reject here I think it will turn into a big mess and the bears could win big.
2 nice opportunities approaching for this one.
HshareStock Symbol: HSRBTC
Long confirmation on crossover
Diversify and use 5% stoploss
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- Major League Trader
DovuStock Symbol: DOVETH
Crossover double bottom accumulation
Diversify and use 5% stoploss
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We just realesed our new course! Follow our tradingview page and visit the link in our bio if you are looking for new strategy to add to your arsenal.
Use Promo Code: FIRST100 to receive $50 off of your course!
First come, first serve / Code valid for first 100 buyers. Normal price $99
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Thank you for your continued support, God bless you though these times.
- Major League Trader
LOOOOONG $VYGVF / potential x4 before EOY Intro:
VYGVF is the OTC US stock of the Canadian VYGR stock.
Voyager is the biggest US crypto broker you've never heard of . Mobile-first, best execution, commission-free, etc. It has great fundamentals and a good market position.
They also have a lot of momentum , with an analyst report (Buy) and the acquisition of the retail business of Circle (Goldman Sachs) with Bloomberg features, etc.
TA:
MAC weekly about to switch bullish on a massive volume spike ... after 4 months of accumulation => Obvious long in my book.
Not much resistance but real strong support in the low .20s
(<$0.21 would invalidate the idea).
FA:
So here's the thing. It may be a bit of a stretch and you could argue that it's an over-simplification, but:
Coinbase has about 13 millions accounts and is valued around $8Bn. That's about $615/ account.
According to Bloomberg, Voyager has 200,000 accounts (with the Circle acquisition). If we take $500/ account, that's $100M .
It's current valuation according to etrade: $24M at $0.31 a share.
That's the x4 potential - and coincidentally (or not) that matches perfectly the $0.31 to $1.26 of the chart...
Warning:
Books are thin, spread is often too wide for my taste, and it's a micro cap - so no point going too heavy (<$50K imo) or flipflopping positions.
A good buy and hold - sell in a few months (late 2020 or early 2021) for a potential x4+
LXX LEXARIA WEEKLY $LXX $LXRP I started buying this company in oct 2017 so it's not as bad as someone who might have a higher cost basis than me but it's still a pretty significant loss and I'm holding a pretty decent size bag. Regrettably I've cheated on my stop multiple times because I liked their 'story' too much and every time I wanted to give up they gave me some hope with a timely news release like the deal they made with Altria $MO. I'm not giving up yet but at this point I'm just hoping it will rebound before breaching 40c support.
RKDA ShortRKDA has been around since 2002. Market seems to really like this one lately, I don't see much reason. Stock has endless losses and now making deals with former MLB star Shane Victorino to get exposure to hemp. CEO leaving and CFO taking the reigns. Company anticipating $30 million in revenue but there seems to be a good bit of warrants overhead. I think regardless of optimism, company will need to raise capital at some point in the next year. I am skeptical to say the least and short the stock .
Greatland Gold - Small cap gold miner about to rally?Been watching this lately as it has been appearing in my scans. The trading volume appears to have been quite consistent in recent weeks and trend of higher lows is encouraging.
The close above the 10 EMA is a cue to buy and target the resistance above.
Target: 2.55p
Stop: 1.644p
GROW Double BottomDowntrend over last few weeks may be over as todays bullish engulfing shows signs of reversal. Watch for break of 0.35 to confirm bull break from falling wedge. Close above 0.35 would also be a hammer on the weekly chart. Good buy right now with strong support at 0.30, price target at recent tops of 0.51, potentially higher with any good news releases.
Upcoming catalysts include new contract signings, approval for use of technology on cannabis and more agro-industrial partnerships.