SOS short term target 1.50-2Although I'm a bear in the market on a macro scale. I do believe that we will see a Christmas rally in stocks as VIX is pointing oto $13 in January. You could probably throw a dart at the wall and buy a stock right now and make a quick buck for a 2 week hold. I choose SOS as it has a very nice wedge formation.
SOS
Possible good entry point for GREE $GREE went through a merger with $SPRT. The merger was an absolute nightmare for holders of $SPRT. They were not given the appropriate number of shares of $GREE relative to the price of the old ticker $SPRT. Not only did they see a -50% loss the stock fell from ~50$ ipo price to where it is today ~$22-$23. Now for some possibly good news. It does look like $GREE has found support in the low 20 dollar range. In my own opinion, I can see this stock starting to climb back up because they mine bitcoin. bitcoin hit a new ath and appears to be on its way past 70k in the near future. So because you $GREE mines bitcoin their price is very heavily related to the price of $BTC.
How does this stock's Hash rate (basically the amount of bitcoin they can mine) relate to their peers. Well NASDAQ:RIOT hash rate is 2.3 EH/s they have a market cap ~3billon. NASDAQ:MARA has a hash rate of 1.9EH/s and a market cap of ~5 billion. NASDAQ:HUT has a hashrate of 1.3 EH/s and a market cap of ~2 billion.
So $GREE has a market cap of ~900 millon and a hashrate of 1.0 EH/s. It is pretty simple too see that they are undervalued relative to their peers. I am long on NASDAQ:GREE myself and am optimistic for what the future holds for them and bitcoin.
BTC to retest all time highAfter BTC broke down from the head and shoulders pattern there was a retest of the neckline. At this time BTC is currently trending in a falling wedge which i believe to be bullish.
Technical analysis in my opinion is an art and subject to interpretation. Please do your own research before investing into a volatile asset like BTC. Good Luck!
FYI: Blue lines indicate measured move.
Short Opportunity Before LPSHi fellas!
This is what accumulation DOES! You will not go up before everyone turns bearish! Even the best traders i know were heading for 37k and boom, stops were hit!
Lessons learned, never short the support! (once again!)
Now, this is the Show Of Strength moment (SOS) in this accumulation zone. It was quick right? Patience pays off! We had literally tested supply with 10 touches!
However, if you are late to the party, or got caught in the opposite direction, it would be best to move on to the next trade during retracement and use this as a short / take profit opportunity.
As always, i've set TOTT to take the short for me, if there's ever an opportunity :)
I'm expecting a LPS (last point of support) as a higer low around 46k and if that fails, 43.440 would be my second target.
Long term bullish uptrend is finally established, BUT 50k is very important to cross, otherwise this uptrend may come to an end!
Take profit during retracements and ride the winner.
But, hey what do i know.
Trade safe!
$BTC WeeklyThe $40,500 - $45,000 zone has been a support and resistance area since December 2020.
If you're a bull - you want this support zone to hold and imply a move back up to $50K +
If you're a bear - you want to see a break of this zone implying a move back down to ~$35K area (blue EMA cloud)
My bias is to the upside : )
SosI’m stopped off a truck stop on 40 Heading east. Apparently, my former land lord will no longer support the alleged elder abuse, she says, takes place in my home.
I’m fine with it, because I’m holding SOS. It may not pay out now; or indeed ever, but, the chart is talking.
As the weather gets cooler out, I realize that money would have been better spent on a new heater for my car. No matter, cool weather = fall. Fall = crypto time!
Again, maybe not, but also maybe. If Btc continues to pump, Sos will move along with it. I’m seeing a lot of hit articles, talking about SoS should only be a buy at $.75. The more presumptuous crap I see, the more I feel confident.
Why am I so confident?
I’m not, but I do like the technicals of this chart. I do like mining crypto. I do like the progress that has been made, and a proven track record of actively trying to create value.
As long as nothing 2 illegal is going on, I like the leadership here.
Allow me to put this in a way my southern brethren will understand.
They can beat their gparents all they want: provided they do it ‘correctly’. Only torso and chest punches. Never anything to the face. Feed them and spray them with the hose every now and again, you good.
As opposed to myself, who is in there car, looking for a new place to live. Where does it usually go wrong?
You get comfortable, you feel invincible, you do stupid things. In my case, throwing mee maw out of the living room window May or may not have been the straw that broke the camels back.
Provided SOS is still trying to create value for shareholders, which I strongly believe they are, 3$ a share forces restraint.
We begin taking profit at 50+ 100+ a share. When the big boys whose salary is paid in stock starts slowly cashing out.
Anyways, I still have about 5 hand made quilts available for sale. Top quality! . Pm me if interested
$SOS Looks ready to explode Just noticed the bullish divergence in the OBV indicator and went long calls and a few hundred shares at 2.7
With Crypto going on another bull run , stock appears to be completing phase C wyckoff accumulation . Expecting a move up soon.
Just an idea not advice, but with how long this has been basing I prefer shares over options to avoid any theta burn
SOS Day trading optional analysis Please note I am a long term invester in SOS with approx 13k shares. I do day trading on the side and love the SOS movement. This analysis is for entertainment purposes only.
Let me know what you think. I use other indicators but turned them off for the purpose of the chart.
Buy all the dip now before 26e August! BIG things is coming!!SOS LTD has been shorted extremely too much! but in these last two weeks, SOS ltd gott some big investors who bought over millions of shares each (including: BlackRock Inc, Susquehanna International Group, IEMG - iShares Core MSCI Emerging Markets ETF and Morgan Stanley.
you can check it at fintel.io
2021-08-11 BlackRock Inc. 3,403,688
2021-08-11 Susquehanna International Group, Llp 2,340,888
2021-07-28 IEMG - iShares Core MSCI Emerging Markets ETF 1,535,492
2021-08-16 Morgan Stanley 1,124,500
2021-08-16 State Street Corp 567,127
2021-08-16 First Trust Advisors Lp 475,609
2021-05-19 Virtu Financial LLC 324,287
2021-08-16 Sculptor Capital LP 242,100
2021-08-11 Susquehanna Fundamental Investments, Llc 240,778
Pop up soon!SOS's share price poped up above the 6 months trend line!!! this a very good sign to make a short squeeze in this stock! Im long in this stock and do not care about squeeze but Im actually positive about SOS silence period and this nice sign for a squeeze. in addition SOS limited got som new huge investors that you can find them here fintel.io
Once in a life time crypto opportunity The risk reward that I see in this chart is so exciting, I literally just slapped my poor memaw out of her rocking chair.
Whenever someone hears I’m “in the market” inevitably they ask: “what’s the best way to play BTC”.
Many state that this Chinese company is unreliable, attributing this fact to the shaky regulations that some nations are beginning to impose. Further, history tells us that some yellow companies are untrustworthy.
Let me point out, that if any of the above mirror your own feelings, then you shouldn’t be dabbling in crypto.
Looking forward, this company has purchased a spot in the Midwest US (very cheap electricity) planning to move the massive operation within our borders, and within the grasp of our shiesty ass regulators (that’s good). Additionally the company has stated that they are researching new cleaner ways to mine Btc. That could mean cheaper mining processes. Further, if they are able to successfully mint a new cleaner mining method... I could see them monetizing that out to other miners.
Yes they had their mining opp in China shut down. That’s why we are trading at 3. But in the mean time, they have continued mining ETH, which after that London update has been doing well.
That fact alone warrants a higher SP in my view.
Now, we watch Btc. It’s possible we get a downturn & a segue into ALT season. If that comes to pass, that is yet another buy opportunity. The past month has seen HF’s eating shares like skittles.
Speaking of skittles, the old bag is hungry again, and I’m still trying to find her dentures.
Wyckoff method for BTCAccording to Wyckoff's method, we seem to be in the third phase and expect a further price reduction to see the spring!
Probabilistic area for price return and spring is : 26K - 24K
DISCLAIMER:
Any information found on this analysis is not to be considered as financial advice. You should do your own research before making any decisions.
Good luck.
Bitcoin to 100K? Reversals happen when everyone least expects it. I keep hearing "back to 20k", "bull run is over", "bulltrap".. well, crypto charts truly are harder to predict nowadays.. but something about this generation makes me believe this crypto run isn't over just yet. Times change and chart analysis changes with it. History does not always repeat itself so let this bull run continue!
Lookin' to PopEXP MA Ribbon on 4H finally changed. Not Financial Advice.
Bullish on Crypto.
I'm excited for the next SOS PR and ER.
Once shorts get exposed further, this will gain more volume.
Huge blockchain plans that will catch investors off guard.
Goals to expand to NA (MSB license + power plants )
Actual earnings, but it's still getting short and distorted by Hindenburg.
Not in a downtrend anymore!