Notfinancialadvice
UBER looking for retracementLooking for a small pop then drop down into 72ish. its fighting in this range but its just not gonna make it. Inverting the chart makes it easier to play the down side. just dont forget to undo the inversion like i did lol. retest of the imbalance then onto the box below.
Link should be at 100 usd in a 24 month or lessBased on a synthesis of tokenomics, technical analysis, and the evolving landscape of decentralized oracle networks, several factors contribute to a bullish outlook for Chainlink's LINK token potentially reaching $100 or beyond.
Chainlink addresses a critical need in the blockchain ecosystem by providing reliable, decentralized oracle services, crucial for the functionality of smart contracts by bridging on-chain and off-chain data. Its utility and demand within the DeFi sector, as well as its role in facilitating seamless data transfer across various blockchain networks, underscore its intrinsic value.
The tokenomics and last on-chain big moves of LINK support its potential for significant price appreciation. With a fixed supply of 1 billion tokens and a distribution model that incentivizes node operators and ecosystem development, scarcity and utility drive its value. The token's use as collateral to ensure the fidelity of data, coupled with the slashing mechanism to penalize malicious actors, embeds a trust mechanism within its economy.
Technical analysis suggests a favorable outlook for LINK. Historically, specific technical indicators, such as moving average crossovers and relative strength index (RSI) positions, have preceded price increases. Furthermore, Chainlink's focus on expanding its network of oracles and its Proof-of-Reserves feature, which enhances transparency and verification of third.
FORD $F | Longer Term Demand Zone Ford, a Popular American AutoMaker has been having a struggling stock performance since its 2021 rally. This stock has continued to rally upwards and melt back down towards this $11-$12 area. What we are witnessing now is a retest of these same levels that previously sent the stock back upwards with volume.
I am keeping my eye on Ford at these levels as historically this stock bounces from this demand zone. This demand zone is heavy, as highlighted in green, and will also be having support from a diagonal trendline around the $11.40 level helping support prices of $F.
With this large area for support considering the Demand Zone & the diagonal trendline retest, I believe that this area of price levels gives a solid Risk/Reward Entry on a Long Position on $F.
A break below this trendline would be a good exit point, as the stock could probably dump underneath heavily. With this Risk/Reward entry point, a swing position can be attractive or a LT entry. I am just pointing out these levels, as I think it can be an interesting area to watch the stock react to, and thought I'd share!
Happy Trading!
FETCH.ai CRYPTO:FETUSD
FETUSD
I think after FET was listed on BINANCE Perpetual Futures ,
FETCH.ai start printing Wickoff Distribution Schema , maybe CZ want to buy more & dump more .. Couse i think all AI coins&stock will be next bubble in our life :) I am preparing for cumulate some of this , but who know ? I really dont know nothing ,this is not advice do your own research :D ... couse my ideas are 60% wrong ... I am only conspirate...