OPUL and Fibonacci ExtensionsOpul is a music and creator focused token. I am bullish long term on the project overall due to being on the Algorand network, the connection with Yieldly, and that artists will always find the best ways to earn more!
Here are the fib extensions from highest high and lowest low as a framework for viewing larger zones.
Their website describes the project as - "Using our NFT Exchange anyone can own a piece of their favourite artist’s music copyright and buy valuable assets previously only available to industry insiders. Musicians can raise money by freely selling their music copyright as NFTs, while fans can support and form closer connections to their idols by purchasing a real stake in their career.
Music
$AUDIO lookin bullish lately$AUDIO is the native coin for the Audius platform, a rising music streaming service similar to SoundCloud where users can upload their own tracks and curate playlists, sharing their love of music with the world.
The platform is built on blockchain technology, giving its users the power to grow the community and make it better along the way. Recently it was announced that the service is migrating to the Solana network to handle it's growth. This is breaking new ground and major artists have begun flocking to Audius, making this a solid project imo.
Price has been bouncing between $2.50 and $3 the last few weeks, but more recently it seems to wanna push harder to $3.
If it can get to $2.90 and break past that resistance level we may see $3. If it holds at $3 could see it go even higher given all the major news recently.
We shall see
Buy SonyFundamentally there was great growth in 2020 and this year.
Now I am going to list the pro and cons of this company.
Buying point:
-a lot innovation for example in gaming->VR, PS5 ; streaming-> Crunchyroll
Music (5% growth), electronics 9,4% , Imaging & Sensing over 10%
-right in a support field
-exactly at under trend line of the triangle ->since May, 21 + Oct., 20
-hit the SMA 100
-up the SMA 200
-weekly MACD indicates buying momentum
-great quarter ->bullish momentum
Selling point:
-diversification leads to some sectors with slow-to-none growth (influences negatively momentum)
-monthly MACD indicates declining of buy momentum
-weak forecast of companies like take-two
Conclusion
Starting with the fact that we have a lot more pro arguments, I am really convinced in this stock and will be watching to buy it the next week. Everything is possible from short-long term investments.
One opportunity I would consider is to go long and „ride the wave“ until the upper trend line which results in a Risk/Reward of 3,4.
$SNE looks ready to play*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
Recap: My team entered into $SNE at 92.33 after its correction from $118 down to $90.
$SNE currently sits at just $99.59 per share.
Current price action suggests that $SNE is gearing up for its next move up.
If you want to see more, please like and follow us @SimplyShowMeTheMoney
SPOTIFY SHORT?Head And Shoulders Pattern (not confirmed)
At the moment we have the 400 SMA support and right below that the 220.56$ support line (neckline).
As long as we have no closed candle under the neckline we don’t need to worry about lower prices.
If we get a closed candle under the neckline we could have a bullish-to-bearish trend reversal.
AUDIO/USDT Downwards trendline broken. 100MA as next targetAUDIO broke out of the downwards trend indicated with the yellow line.
The volume is very low and AUDIO has a hard time recovering also with the 100MA just above acting as new resistance.
Once the 100MA is crossed more investors are likely to turn bullish again and with it the volume will rise.
Middle target is 2.7$ and the ATH target is around 4$.
Audius in contrast to other music plattforms gives the money to the content producers.
Checkout their Twitter page:
twitter.com
and their webpage:
audius.co
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can (also partial profit is profit)
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
If you like the content, please like, comment and give this channel a follow.
We would love it if you could share your thoughts in the comments.
Discussions are very welcome here.
Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers
ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
- White lines are Fibonacci retracement levels
Helplines:
- Purple lines are trendlines we take a look at.
- Blue, green, white and pink lines are 200MA, 100MA, 50MA and 20MA.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.
✨CELO- More than DOUBLED while on Vacation ✨One of our picks for second quarter 2021, CELO, has managed to more than double during our short break.
What is Celo?
Celo uses your phone number as your wallet's public key to make it easy to send money to your phone’s contacts. Super!
We knew that fundamentally the project ahs GREAT potential and the good news keep coming:
Yahoo finance
Deutsche Telekom
Opera (we called the music on a previous idea...just a coincidence )
We are back,
the FXPROFESSOR
Music of BITCOIN.... A NEW, completely unique Technical AnalysisI've been reluctant to put this out there, but honestly, I've been working on it for quite some time now and need help from musicians/day-traders who have their feet in both worlds.
As a musician, I sometimes compose in what is called a MIDI roll. I'm often struck by how music (in a midi-roll) looks like a securities chart. The price of a security (like BTC) goes up and down over a span of time. The notes in music also go up and down in patterns over time.
Music, like a price chart, has a support or a base. In music we call this the tonic. It is a place where music often returns to. There are also endless mathematical parallels, especially when considering the golden ratio and the Fibonacci sequence - prevalent in charts and in music.
I've also noticed that there are many striking similarities between the methods of analyzing securities and analyzing music. There is music theory on the one hand.. and there is technical analysis on the other hand.... But, I believe music theory, as a discipline, is far more developed than technical analysis. Music theory is more predictive and has had, historically, some of the best mathematicians working on its theorems and ideas. It is a far older discipline.
So, over the last few months, I've been slowly developing methods of bridging the gap between these two disciplines.. I've converted MIDI rolls to charts and vice-versa. One of the most interesting things I've found is how "musical" the markets can be. They really don't seem random at all. I have attached this small file... This is Bitcoin as music. drive.google.com I apologize that it is only 6 seconds, as it takes forever to convert this by hand and put it on a midi roll.
BTW... I've created a script which allows you to apply divisions to an area of price. In this example, I've divided BTC into the familiar DO-RE-MI.... of the diatonic scale. The colors represent the "tonic", "subdominant" and "dominant" in music. This will be familiar to anyone that plays music. As you'd expect, BTC moves in a musical way. It moves to the dominant and then resolves to the tonic (in this case the octave above.) It even repeats a rhythm pattern nicely...
I WOULD REALLY LOVE some help to develop this system further if anyone is interested, message me. I'm trying to find a way of automatically converting the candles to something like a RENKO chart, but one that stays in regular time.
Drama on the Stock Exchange 2.0 - TENCENT MUSIC Buy Now!Hello dear readers,
In the last TENCENT Music analysis , I also talked about the reasons for the massive sell-off in Tencent and then created a trading plan.
Now the price is in the buy zone and I will build a long position. The reasons are:
- The sell-off was triggered by a Blackswan event.
- The price is at a strong cross support of golden pocket, trend lines and horizontal support levels.
- Volume is falling, the MACD shows a weakening of the downward trend.
- Of course, everything could turn out quite differently here. But all in all, I think that the probability of a nice long trade looks quite good when all factors are taken into account.
Now we have to be patient.
As always, it is "do your own research" - I am not an investment advisor and this analysis only reflects my personal opinion and is not a call for individual action!
If you want to support my work I would be happy about a Like & Follow 🙏
Many greetings & success!
Chartdigger
Music whilst trading? What do you listen to?After posting some educational content, it's been amazing the conversations that have flooded in. Ranging from questions, requests and just general chit chat.
One of the hot topics for beginners has been the use and understanding of Fibonacci levels. So I want to share this and ask.
What kind of music do you listen to whilst trading? I saw a trade idea posted by @TradingView a few weeks back about two types of music, varying beats and so on.
Recently been introduced to Lofi music - thanks @Zackfx10
Youtube - Night Chill: Night City Hip Hop Jazz www.youtube.com
In terms of the chart; The study added is an Octave level; pretty much the same concept as Fib levels, but using Octave frequency calculations instead. It's amazing to see the support & resistance interact at the grey dots. Just interesting as it relates to the Music, beats and waves.
Music is a big part of trading and another unique aspect to each individual.
Would be interesting to get some ideas on the music front and see what people enjoy whilst trading.
Disclaimer
This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stocks, ETF’s, and Forex. Hence each trade setup might have different hold times, entry or exit conditions, and will vary from the post/idea shared here. You can use the information from this post to make your own trading plan for the instrument discussed. Trading carries a risk; a high percentage of retail traders lose money. Please keep this in mind when entering any trade. Stay safe.
Viberate - Music Industry BlockchainTopGainCapital - Multiply your capital to the top!
Current Rank: 830
Token Supply: 194.000.000 VIB
Maximal Supply: 200.000.000 VIB
Total Coins already issued: 97%
Current Price: 0.00000102 BTC / 0.017 USD
Market Capitalization: 3.500.000 USD
Expected Market Capitalization: 500.000.000 USD
Expected Growing Potential: >14.000%
Expected Price: 2.5 USD
We are currently at the bottom of the triangle pattern.
The MACD indicating a break-up.
The RSI indicating a break-up.
The StochRSI indicating a break-up.
The Market Sentiment is bullish.
Conservative buyers wait until the downtrend is broken and confirmed.
People who like to take some risk can entry right now.
As always with our selected coins for our predictions, the expected gains are massive and the entry point is as cheap as possible.
To reach the expected area you may need to hold your coins more than one year. HODL, sit back and enjoy the party.
Operation Save Live NationLook, we're not going to be having arena concerts until next summer if we're fortunate.
The fact is revenue will decline sharply in the coming weeks, and this stock will follow suit. Over the next month, the graph may range and drop, then range before dropping again, so now is the time to short this bear swing and follow it all the way down to 2014 supports.
Its trading at actual value as of close May 11, but the price is respecting the 50 day MA well below the 200 day MA.
The trend begins March 16, just before it crashed, and follows through to converge with the 50 day MA and intersects pre 2018 support and resistance levels. The stock will continue to fall, probably as low as 7.88 over the next three months but its too early to determine that rate.
This is a good swing, but long term, its worth considering positioning to bring Live Nation where it needs to go when we can get its market going again, some time before July, 2021, we hope.
$LIVX can rise in the next daysContextual immersion trading strategy idea.
LiveXLive Media, Inc., a digital media company, engages in the acquisition, distribution, and monetization of live music, Internet radio, and music-related streaming and video content.
On 29 May the company announced the launch of the virtual music festival "Music Lives ON". It causes a rise in the share price of the company.
At the and of the day the demand for shares of the company looked higher than the supply.
These and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $2,29;
stop-loss — $2,10.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
EMINEM1.32450 Has been used as strong support ( orange arrows ) and resistance ( purple arrows ) now we can see price is currently sitting bang on this level, do we think it will bounce or break? BREAK!!!
Because although this is strong support the last candle formed was a big bearish candle, and if we look on the monthly chart with the same level placed on it 1.32450 we can see that the current candle is also sitting at this price.... but using it as RESISTANCE!
Its like 1 of my all time favourite rappers EMINEM, if you look at the more recent music charts ( 4H) he is going down ( breaking support ) because quiet frankly his new stuff stinks, but if you were to open a wider timeframe music chart ( Monthly ) and look at his older stuff like THE SLIM SHADY LP then he is still the rap god and hanging around the top ( resistance )
Now I know we think this pairing will go down... and Eminem never will but its just a good example for you music fans out there ;p
We like to teach forex in ways that people will understand, this may be unorthodox but people will relate to it more if its something they like, and if they like it then they want to learn more ( because plain old candlesticks and charts can get boring ) So if your love is football we would teach you forex but based around football.
Anyway we think this pairing will go down, All entries, TP and SL are reserved for our clients, for ways to join our ever growing team then send us message.
Music, volume tells his storySomebody bought for 1h music for 111 bits
Previously, twice we see how the price was moving when it was same vol, now it's a little different, someone fits the price, and with 111 bits, it's up by 25%
Now, with 100 bits, the price would be 500sats
Is that a smart money in the game?
Maybe its time to change trend, remember, volume is the king.