Cryptocurrency #1Well well, so who is here a diamond hand?, hop up!. That is crypto. It is an asset. it is not like something we can sell and buy quick. Asset is not work like that. Do we buy house today and sell it tomorrow?, Do we buy land today and sell it tomorrow and expecting some huge insane profit and be a millionaire in 1 night?. No way, be a diamond hand, because diamond hand always win. Even so say that, yet need to clarify and clear what coin are we holding. Utilities?, core team? marketing? market supply? usecase? crowd? etc etc. A lot of things we need to look after because once we buy it, that's it. HODL it until our mother "Bitcoin" wake up and do bearish movement. And then we will experience Alt-coin season like before. Ahhh what a day, i really miss that moment when numerous of alt coin spike up easily 1000%
Rocket
Hypersonic Rocket to the moon: NOCNOC has been consolidating below the 490$ resistance since march.
Technical Indicators are nowhere near overbought, while price action contracted.
Once it expands, there could be a massive pop upwards, since fundamentally there are just too many good things to ignore.
Stock looks like a prototypical William O‘Neill break out candidate.
I‘m long.
No financial advice.
Bitcoin bears are in for a little surprise Hello my wonderful trading view family.
Great is the opportunity we have been given in this Cryptocurrency market.
This pattern minimum target is over 100K per Bitcoin.
How blessed we are to be sitting in front of such profitable market conditions.
Don't take it for granted, And definitely don't miss out on it due hesitation, Nature rewards courage (And God helps those who help themselves)
Not financial advice.
Stay Profitable.
- Dalin.
My last post one week ago was EXACTLY correct. I predicted everything nearly perfectly to my surprise.
I said we would probably either have a pump or a major dump. Not only did we majorly dump right before the pump, but the pump was with in my time frame and just barely broke over my designated price target.
I hope you all cash out in the morning.
Good luck apes!!!!
LFG!!!
FB/META under $200 will be a stealIf FB/Meta gets under $200 again in the next week and maintains trend along with hitting support around $194-$192
If you believe in VR and the metaverse, here is your chance because I don't think we see these prices again.
First, you don't want to invest in facebook, for social media. You want to invest in Meta because of data collection.
Facebook built networks and collected data world wide, and I can only imagine what the data they've been collecting on VR will be worth to other companies.
I'd definitely recommend watching Mark Zuckerberg talk about the metaverse on Lex Fridman, if you want to learn more.
GME - On Launch Pad GME 3-hour chart looking ultra bullish here with recent confirmed breakout of the long term downtrend. Price is resting on high volume support from last year.
With 100% utilization and a back-test of the recent bull flag print GME looks like it will explode higher very soon!
Bollinger Bands tight in multiple timeframes and wave trend indicator printing multiple bullish crosses at/near the midline = extremely bullish.
Expecting substantial gains going into the upcoming earnings report, which could ignite FOMO & VOLUME.
Adding shares here.
Not financial advice.
AMD chart UPDATE Here's my current chart for AMD.
I'm not sure what to make of it currently, on the one hand, I love this stock and everything about it. On the other hand, has it found a bottom??
I stopped trading AMD when it hit $120 the first time around, but I am looking to jump back in sometime.
My initial reaction is this most recent drop followed by the rise is looking pretty wild (bear trap), especially if we hold over $118. My prediction based on the chart would be that after such a big rise on the near 40% drop, we could easily see some downside, but hopefully not much. Maybe you can sneak a buy of $110-$112, but who knows.. This market has been quite a ride!
**Note, I have not looked at any fundamentals yet.
GME to $100K is no joke (not financial advice)(i like the stock)Even with the price tag GME has now it has been holding consistent volume vs. its past average for 2 decades.
With the recent run up to 500, GameStops volume soon plummeted after it failed to continue its parabolic action upwards. As fear ran rampant through retail due to absurd actions made by HFs and the United States Government in direct result to GME's price action, volume fled.
Regardless of the high price and clear manipulation, apes have stayed confident. Confidence is what will lead these apes to their victory. The APE mentality is truly something unprecedented. -10% day? OOh buy MoRe. -25% day?? HUGE DISCOUNTTTTT!!!
Apes are no longer saving money. Apes no longer desire millions of dollars. Apes have become obsessed with acquiring GAMESTOP SHARES! The price isnt real they say.. We knows its true worth!!! (noThing shy oF 57 million per shARe)
Jokes aside the accumulation at these levels is extremely impressive. Considering the DD on this stock and that GME has traded at over $50.00 in the past, I say PT of $100,000
SIR WHY IS YOUR PRICE TARGET SO LOW IF YOU TRULY EXPECT THE SQUEEZE TO CONTINUE TO URANUS!!!?????
WEll ladies and Gentlemen, I expect the FeDs to certainly crash this party early, in fact i think 100k may be too greedy. I think we can expect weekly or evenly monthly halts on GME as soon as the real money starts being made.
If the feds dont step in.. brokers will.. They will remove the buy button again as usual.. and thats fine. but who is to say they will even allow you to sell your shares? What if they dont actually own your shares (congrats to the folks who are DRS'ed)
ANyways, goodluk apes. 100K by 2025
and Ken, if you see this, i hate you. merry christmass you Jack*** :D
-Sincerely
Your Personal Future Loan Shark
Bitcoin USD Ready for the super Rush to the bullrun! [LONG]Bitcoin on-chain signals have remained green despite the recent red week. Bitcoin’s price had taken a plunge towards $40K and had brought a lot of losses with it as billions of dollars in long positions were liquidated on December 4th in one of the sharpest declines of the year. Mostly this has brought down a number of metrics associated with the asset but on-chain signals remain resistant. On-chain data all ranging from miner revenues, transaction fees, hashrate, and daily transaction volumes have all shown positive trends for bitcoin. None of this has been affected by the price decline.
Bitcoin hashrate had taken a big heat with the China crackdown on mining that took place earlier in the year. The region had gone from providing about 70% of the mining power to almost zero in a matter of weeks, leaving the hashrate to suffer greatly. This has since been rectified as bitcoin miners have found new locations to resume their mining activities. Since then, hashrate has been gradually picking back up and in the past week saw a significant increase. Bitcoin hashrate is up for the past seven days after the first difficulty reduction following ten difficulty adjustments. As the difficulty has dropped, so has the profitability of mining activities increased. Given this, more miners have gotten back in the game and set up their mining rigs once more, leading to a rise in hashrate.
Arcane Research also reported that this increased hashrate has led to an increase in block production rate. As more miners come back on board, an average of 6.46 blocks have been created each hour in the past week. This represents a significant increase of 11% in the same time frame. Bitcoin transactions fees have remained low through the past weeks, but there was a recorded increase in fees in the past seven days. On average, bitcoin transaction fees grew by 33%. This growth however does not do much for miner revenue. Even though fees are up, they are still relatively meager and only bring in about 1.7% of the total miner revenues.
Average transaction value also jumped in the past week. As investors rushed to sell their holdings during the crash, the average transaction volume climbed by 8.3%. This was mostly due to holders who hold larger volumes moving their BTC to exchanges to sell, not only increasing average transaction volume, but also transaction fees at the same time. Bitcoin daily miner revenues in the first week of December was $52,271,223 compared to daily revenues of $49,975,895 from the previous week. Fees per day, as well as transactions per day, were up at $891,499 and 276,680 respectively.
$AMC Algorythmic Scale In & Scale Out - Target $145 Feb 1, '22The pennant setup for the current session is identical in shape to the previous session where $AMC pumped from $20 to $77.
Additionally, the Fib-Trend lines up the price action very well.
Lastly, we have seen thousands of call options open on $AMC for the $145 strike in January 2022.
They are doing price discovery, we can see the most of the buying between $28-$45 with the majority throughout the Wyckoff Accumulation phase I posted about on 07/29, see link below.
From the beginning of this, I told everyone I knew to buy $AMC, they would ask "what do you think it's actually worth?" and I always thought that it was worth $30. Obviously things can change, with AA leadership I hope we see some new innovation on to of just doing what $AMC does best, but that is more of a fundamental discussion for later on. We could also see an economic collapse or margin call change how any of this plays out.