ATAUSDT - Inverse Head & Shoulder Reversal Pattern Idea LONG ♥What's up TradingView Fam!
This time I'm giving you a coin that hasn't moved for a while but an incoming up move is in the works. We can clearly see several hints put together giving that confluence we need !
1) Coin is at Monthly Support Key Level
2) It has been in consolidation for a long period of time hinting a probably accumulation bound to break out soon.
3) We already got a breakout from the descending channel pattern pointing at a change in sentiment from bearish to neutral leading to bullish!
4) On Daily TF we can clearly see an inverse head and shoulder pattern which is rare to spot! If it breaks the neckline, there you get your confirmation!
I recommend to trade SPOT as this coin is overall in a ranging market, so beware.
Targets are displayed on the chart!
Take care and happy trading!
Kina
Spot
📈Bullish on Shiba: Potential for Strong Rally🚀🔥🔍Today's analysis focuses on Shiba Coin (SHIB) in the daily timeframe, where it has recently experienced a remarkable 417% growth, showcasing its significant potential. SHIB is among the most popular meme coins in the market, boasting a large community of loyal holders.
📈Following such a powerful upward movement, a correction is entirely natural and essential for sustaining a healthy trend. A trend line from the weekly timeframe has been broken, indicating the extent of the 417% movement.
🛒Currently, the price is stabilizing, suggesting that considering spot buying within this range could be prudent. If the price begins to correct, waiting for confirmation candles within the range of 0.000015 to 0.000018 could be a strategic entry point.
💎Alternatively, a scenario where the price finds support upon reaching the SMA25 for its next move is plausible. If the market fails to initiate movement upon reaching the SMA, patience for Fibonacci levels may be necessary.
🚀For futures trading, it's advisable to sideline Shiba Coin and explore other options, considering its tendency for volatile movements and potential for easy liquidation.
🧠💼Just remember, jumping into trades too quickly before the main trigger can be risky. Always manage your money wisely and be aware of the risks involved.
✅ Tia token analyses for SPOT position✍️
Celestia is a modular layer one blockchain network designed to solve the scalability problem in blockchains.
⚡️By separating the consensus and execution layers, this network allows developers to easily launch their own blockchains without the need for in-depth specialized knowledge, with high security and scalability.
For this reason, it has been noticed and welcomed by many users and other projects and very good investments have been made on it🔥
According to the mentioned contents and the very bright history of Celestia, we can expect that investing in this currency will be profitable for us.
Currently, in the technical discussion, Celestia's main token named Tia has broken its trend line and resistance line, and at the price of 16.20, it can be a suitable entry for spot buying.
✅Investing in cryptocurrencies is always risky and requires your own research and personal capital management
wen token , best meme coin in solana 😍🏅🏅🏅 Considering that in the new 2024 CMC survey, in which the Solana network is introduced as the best blockchain network⭐️⭐️⭐️
, and considering that huge investments have been made by the Solana team on some projects,
it can be expected that the popular meme coin of the Solana network It means WEN😍 that in the coming days, will experience its greatest PRICE with the main currency of this network, and it can be a suitable option for spot buying and holding.
According to the CHART and the technical discussion of this token, it is now in a very good place and by breaking the $0.0003211 ⚡️ level and close daily candle ⚡️ , it can be a good option for investment in the coming days.
Analyses about Manta token for SPOT ✍️
Fundamentally, Manta token is due to the use of zkSNARKs technology, ⚡️
which provides private and secure transactions for its users. It has a great potential to have many users.💥
⚡️Due to the great reception of people in the crypto space and the high capital demand from this network, as well as having powerful supporters such as Celestia, investing in the spot mode and also finding the right entry point to have a long position, Manta can be one of the best options of this the days be for us.
Also, according to the technical chart of this token, which is in a good position, it can be said that after breaking the 3.713 point, it is a good time to enter a long position.🔥
Tr🐕panion SEATTLE, Feb. 28, 2024 (GLOBE NEWSWIRE) -- Trupanion, Inc. (Nasdaq: TRUP) announced today that Margi Tooth, President, will present at the Raymond James 2024 Institutional Investors Conference on Wednesday, March 6, 2024, at 9:50 a.m. ET and will participate in meetings with investors throughout the day.
The presentation will be webcast live and can be accessed on Trupanion’s Investor Relations website at investors.trupanion.com.
CHZUSDT Trade Idea - Moon wainting! Tick, Tock...Hi to all TV people, today I charted Chilliz .
This is NOT a major cap coin, but who cares... we want moon right?
Here we have a few data:
Market Cap: 561 Million
All Time High: 0.8915$
Today's price: 0.07364 (-91.83% from ATH)
Low market cap means more room to grow, on the other side more volatility.
Chilliz broke out from descending wedge forming from January 2023 . Measured target is a 2X from here . I think more is yet to come. Just be careful about crypto and global market conditions.
In my opinion we can reach easily 0.14 mid-term. We need to watch more from the rest market to know if there are the conditions for this alt to grow more.
My suggestion is to hold spot in your alts bag, no leverage.
Not a financial advice, always DYOR.
Good luck.
ShadowPlayer.
BTC vs. MSTRI just did a little study lately regarding BTC and MSTR. The probability of breaking the lower side of this triangle is a bit higher, which should favor investment in MSTR over BTC. Whether you are buying Bitcoin on a crypto exchange or through one of these (upcoming?) BTC/USD spot ETFs.
Spotify's Growth Story: Breaking Records and Setting Bold GoalsSpotify (NYSE: NYSE:SPOT ) has emerged as a juggernaut, continually breaking barriers and setting new standards. The latest report from the Swedish music streaming giant reveals an impressive surge in user growth, defying expectations and propelling its stock to new heights.
Unveiling Remarkable Performance:
Spotify's (NYSE: NYSE:SPOT ) fourth-quarter results have left analysts and investors astounded. The company not only surpassed forecasts but also demonstrated resilience in the face of challenges, with its monthly active users and premium subscribers soaring to unprecedented levels. Despite a slight revenue miss, Spotify's strategic maneuvers, including price adjustments and podcast investments, have positioned it for a prosperous future.
Diversification and Expansion:
Beyond music, Spotify's (NYSE: NYSE:SPOT ) foray into podcasts and audiobooks underscores its commitment to diversification and innovation. With an eye on capturing the burgeoning audio entertainment market, the company has strategically aligned itself with influential hosts and witnessed exponential growth in podcast advertising. This strategic pivot not only enhances user engagement but also opens new revenue streams, reinforcing Spotify's position as a multifaceted entertainment platform.
CEO's Vision and Strategic Imperatives:
Under the stewardship of CEO Daniel Ek, Spotify's (NYSE: NYSE:SPOT ) vision of reaching 1 billion users by 2030 is not merely a lofty ambition but a strategic imperative driving every decision. Ek's emphasis on profitability, evidenced by recent cost-cutting measures and operational efficiencies, reflects a maturing company poised for sustained success. As Spotify navigates through the complexities of a dynamic industry landscape, Ek's leadership and strategic foresight continue to inspire confidence among stakeholders.
Market Response and Investor Sentiment:
Spotify's (NYSE: NYSE:SPOT ) stellar performance in the fourth quarter has not gone unnoticed, as evidenced by the bullish response from investors. With shares surging to a two-year high, market sentiment towards Spotify remains overwhelmingly positive, underscoring the company's status as a top contender in the digital entertainment sphere. As the company charts its course for the future, investor confidence serves as a testament to Spotify's (NYSE: NYSE:SPOT ) unwavering commitment to growth and innovation.
Conclusion:
In an era defined by rapid technological advancements and shifting consumer preferences, Spotify stands out as a beacon of innovation and resilience. With a relentless focus on user growth, profitability, and strategic expansion, the company continues to redefine the boundaries of digital entertainment. As Spotify (NYSE: NYSE:SPOT ) embarks on its journey towards 1 billion users, one thing remains clear – the music streaming giant is not just setting records; it's rewriting the playbook for success in the digital age.
PEPE Possible Cup and Handle Patternin my next limit order that I promised you last month, I have chosen PEPE because I am currently interested in how PEPE forms the cup and handle pattern.
Of course to be more sure when you can get in would be the breakout as it sometimes happens that a coin only fakes the cup and handle.
However, I have now personally bought Pepe here and placed further limit orders.
This is also a Good Sample or Tutorial for you guys to see how the Cup and Handle Pattern works.
Cheers
Market Update - January 26, 2024
Bitcoin hangs above $40k as ETF-led rally fizzles: After peaking at FWB:49K immediately after the launch of the ETFs, the price of bitcoin (BTC) has since dropped over 20% in the two weeks following, reaching a low of ~$38.5k on Tuesday. BTC is now trading back at the levels seen at the start of December, retracing the rally experienced in the build up to the anticipated launch of the ETFs.
Ether dips against bitcoin as SEC delays ether ETF decision: Ether (ETH)’s rally higher against BTC lost steam this week after failing to break through the 0.06 level in the ETHBTC pair. The US Securities and Exchange Commission (SEC) also postponed its decision on BlackRock’s spot ether ETF until March, and last week it delayed Fidelity's spot ether ETF application. These delays were widely expected.
Altcoins dip throughout the week, but pick up by Friday: Altcoins faced a difficult start to the week as bitcoin broke down and dipped below $40k briefly, but many retraced losses by Friday. Solana (SOL) was up ~5% over the past seven days after being down throughout the week, Avalanche (AVAX) was up 2%, Injective (INJ) was down just over 2%, and XRP down over 1%. There were some bright spots among altcoins, however, with Chiliz (CHZ) up ~30% on the week, Maker (MKR) up over 8%, and 0x (ZRX) up just under 25% over the same time period.
US markets rally as tech stocks await earnings next week: The S&P 500 hit another record high on Wednesday, bolstered in part by stronger than expected Gross Domestic Product (GDP) growth numbers released this week. GDP data showed 3.3% growth in the US economy for the fourth quarter of 2023, well above the 2% expected by Dow Jones-polled economists. Tech companies showed continued strength too, with Microsoft’s market capitalization hitting a new all time high above $3 trillion for the first time, and Netflix, Alphabet, and Meta also posting gains as market participants eagerly await earnings slated for next week.
🧑🤝🧑Topic of the Week: Double Spending Problem
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