BTC scenarioPrice ranging and supporting on 0.382 - 0.5 fib levels projected from H&S .
Important and critical zones to take positions.
Trendlines from earlier post are squeezing the price.
For the record.
Let me know what do you think about this. And give me a thumb up if you find this is good content.
Peace and Joy!
Crypto SolArb
Squeeze
Long setup for gold is still valid.You see my first plan on gold in the link below, and image here
And then I make a plan change and make a little scalp and see link below and image here
Now we come back to initial plan which is now still valid. I won’t take a long position if this 4h candle closes below yellow line but I will take position of long if 4h candle close above yellow line.
❤️Miss Bunny
$PBTS DD $1 - $9Hello everyone,
I hope you're having a great weekend so far.
DISCLAIMER:
I AM NOT A FINANCIAL ADVISOR. THIS IS NOT INVESTMENT ADVICE, I AM SIMPLY PASSING ALONG RESEARCH I HAVE GATHERED. BUYING/SELLING POWERBRIDGE TECHNOLOGIES ($PBTS) WOULD BE AT THE DOING OF YOUR OWN. PLEASE DO NOT INVEST BLINDLY, NOR USE THIS AS YOUR ONLY SOURCE OF INFORMATION.
*** I attempted to be as informative as I could possibly be. If I missed a few details, please feel free to comment them below.*** Best of luck to you all!
What you will find in this DD:
Industry Background
About Powerbridge Technologies
History
Solutions & Services
Powerbridge System Solutions
Powerbridge Saas Services
Powerbridge BaaS Services (BLOCKCHAIN TIE)
Other Core Technologies
Financials
Management & Board Team
Why I Like It.
Key Factors
Final Remarks
Global trade is characterized by its extended workflows with complicated compliance and logistics processes, voluminous documentation and time-consuming paper handling, cumbersome and costly peer-to-peer messaging and multiple players from different disciplines. A typical export process in China for a single shipment may involve:
Industry Background
Industry Background - The Belt & Road Effect in China and Globally
About Powerbridge Technologies:
Powerbridge Technologies - About
A Nasdaq listed company (PBTS), Powerbridge is a provider of software application and technology solutions and services to corporate and government customers engaged in global trade in China. Founded in 1997, Powerbridge pioneered global trade software applications with a vision to make global trade operations easier for customers. Since inception, Powerbridge has continued to innovate and deliver solutions and services to address the changing needs of thousands of customers. Powerbridge’s mission is to make global trade easier by empowering all players in the ecosystem.
History:
Solutions & Services:
Powerbridge System Solutions
Comprehensive and robust customized solutions and packaged products that allow customers to streamline and optimize operations in regulatory compliance, trade logistics and trade financing.
Trade Compliance Solutions
Allow government agencies and regulatory authorities greater control and security, better use of resources, higher duty collection, faster processing time and higher compliance and logistics efficiency in servicing global trade businesses and logistics service providers.
Trade Enterprise Solutions
Enable global Trade businesses in diverse industries to manage business operations, simplify trade and transaction processes, streamline compliance and logistics processes, reduce document handling, minimize operational cost and increase overall productivity.
Trade Loan & Insurance Services
Designed to facilitate global trade loan, insurance, settlement processing services. Enables global trade businesses, financial service providers and trade insurance providers to reduce workflow complexity, processing time and operational cost while increase processing efficiency.
Powerbridge SaaS Services
Comprehensive and robust customized solutions and packaged products that allow customers to streamline and optimize operations in regulatory compliance, trade logistics and trade financing.
Service Offerings
Core Benefits
Powerbridge Technologies Announces Successful Launch of its Cross-Border eCommerce SaaS Service Platform
Powerbridge BaaS Services:
Empower all players in the global trade ecosystem to synchronize and collaborate in unprecedented ways to increase operational efficiency and reduce trade cost across the global trade supply chain.
Compliance Blockchain Services
Designed to provide multiple government agencies and authorities a single view or truth of trade events and documents, allowing them to collaborate and streamline regulatory compliance activities with enhanced compliance effectiveness and operational efficiency.
Supply Chain Blockchain Services
Designed to provide end-to-end visibility and transparency for broad synchronization and collaboration among all business, government and service provider players in the global trade ecosystem in which the trade process is facilitated and optimized.
Logistics Blockchain Services
Designed to enable global trade businesses and logistics service providers to optimize cross-organizational workflows by automating contract execution, streamlining document handling and synchronizing information exchange throughout the logistic process.
Trade Loan & Insurance Processing Blockchain Services
Designed to enable global trade businesses easier and faster processing for loans and insurance with lower cost and faster processing and to allow financial service providers improved visibility on trade events for better and more assured decision makings that mitigate risks.
Powerbridge Technologies Launches Blockchain Cross Border Compliance Platform at Nanning Customs
longterm bullRIG will test 7-8$, imho, when these two lines colide, in like september or october. (It's current trend).
Expect some head wind in short term from slower global recovery (variant). It would be hard for XLE to return to where it came from; so that's extremely bullish .
No crap head lines can't change fact that there was underinvestment into oil exploration; thus oil companies focusing on profits first. Opec wants least 70$ WTI (supported by demand) not 50$/ br .
Also think that in short term whole energy sector has tail winds from value (DJI, VTV , industrials , etc) slowing down, and fake out rally in yields. But not in a long run.
I believe we are near the bottomI believe we are near the bottom and soon we will see huge breakout + glorious short squeeze. Everyone is extremely bearish at this point, whales in bitfinex are manipulating the price going down to buy more, short term holders are capitulated, month 1.68 fib is holding pretty good at 30 keks. I am not sure exactly if we bottomed or we can go on wick to 27-28k but at some point i think we will breakout very fast and huge.
LTC/USD Potential BB Head FakeLTC/USD was getting Bollinger Band squeezed
by the consolidation of price between the .5 Fib
retracement area and the .236 retracement area
following the sharp drop in markets in mid May.
Now we see that the price has tried to break downward
out of the squeeze, implying what seems to be a bearish
bias only to bounce up off the .236 area and enter back
into the Bands. We could be witnessing a head fake, one
of John Bollinger's favorite indicators with the Bands,
leading to a sharp upwards movement.
Firstly, we need to be sure the 200 SMA
(purple line) isn't now being flipped from
support to resistance, potentially rejecting price
around $145 indicating we should head further down.
If it does turn to resistance and adds conviction
to the bearish bias, that's a big indication that it
would be most advantageous to stay away from
long positions.
We will see within a week or two if this head fake does
in fact play out and we get a nice walk up the bands with
targets at:
$174.81 (.382 Fib line, middle of range)
and
$221.85 (.5 Fib line, top of range)
Another thing to keep in mind is that we could just keep
squeezing for months after this head fake occurs before
making any truly definitive movements. It will be fun to
watch one way or another.
$NOVN swing-trade*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*
My team has been paying close attention to the price action of biotech company $NOVN these past few days after it experienced an 80 percent increase last Friday. Despite its amazing performance $NOVN failed to break strong resistance at $20 per share and experienced a drastic drop down to $10.76. $NOVN now rests at support at $11 per share.
My team expects $NOVN to perform well short-term due to this overly excessive sell-off.
We have entered today at $11 per share and have set our first take profit at $15 indicating a 36 percent increase from current levels.
Entry: $11
First take profit: $15
2nd take profit: $18
Stop loss: $10
If you want to see more, please like and follow us @SimplyShowMeTheMoney
$AMD June Update *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: Steadily increasing semiconductor demand due to current shortage will leave $AMD with fat profits during the next few market quarters. After correcting from its all time high of $99.23 $AMD now sits at $81.64 per share.
My team entered into $AMD on 6/10/21 at $81.10 per share. We have adjusted our first take profit which previously was $90 to $92. Our stop loss remains at $76.
We're averaging up today at $81.64 per share.
ORIGINAL ENTRY: $81.10
AVERAGING UP AT: $81.64
FIRST TAKE PROFIT: $92.00
2ND TAKE PROFIT: $111.00
STOP LOSS: $76.00
If you want to see more, please like and follow us @SimplyShowMeTheMoney
$SPY Update, Selling Continues SPY was rejected at a key level that would have indicated a short term reversal near the 422.85 level. I expect this to retest 419 being the next support level which we touched yesterday. Using the GANN Fan as potential paths of resistace, we can see how it following the downtrend accordingly. This is shorter term view on SPY, if you're looking for longer term time frame, refer to my previous SPY posts.
In conclusion, I expect the selling to continue after the FOMC meeting yesterday, as investors, the bond market, and institutions price in potential rate hikes next year, inflation, and speculation of tapering continues.
VIX seems primed for a move, and a healthy correction is nothing that we shouldnt be prepared for.
$SPY Update, Rising Wedge BrokenAs you can see, the market seems to be anticipating a negative FOMC meeting today, as a result, the rising wedge pattern we have been in has been broken. I expect this to retest $420 area short term, a long term wedge break would be below the $420 level, which in my opinion would indicate a macro correction near $380 levels.
$RBLX Still LONG Despite yesterdays sell off with news to near the $80 level, we see buyers entering this morning raising it nearly 6 points giving me confidence for a longer term reversal. Still expect to see 100-110 price level in the next 4-6 weeks. targets as well as support and resistance are trend based fibonacci extension levels as shown on the chart.
make your $WISH*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*
My team discovered $WISH a couple days ago. We first heard of WISH when a friend made a joke about how cheap $WISH products were. The name sounded familiar but we had zero clue that it was an online retailer until he explained it to us.
Perhaps we didn't know because we live under a rock, or maybe we're too busy making money instead of spending it by shopping online. Regardless, we still see the appeal of $WISH, and we wonder just how much of its market still remains untapped. If none of us knew what $WISH was prior to a couple days ago then maybe...just maybe...this is just only the start of its rally.
$WISH is also a meme stock apparently. My team has never traded meme stocks prior to this post, but that doesn't mean that we're opposed against them. Our issues with most meme stocks dwell in the overvaluation of the stock...but we suppose that's the whole point.
$WISH is a rare case however because it ACTUALLY looks undervalued to us.
We're long.
entry: $11.30.
take profit: $18
stop loss: $9.50
If you want to see more, please like and follow us @SimplyShowMeTheMoney
$TUP Inflation 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*
My team entered into $TUP on 6/7/21 at $25.34 per share. $TUP now sits at $25.93 after correcting from its previous 52-week high of $38.79. We plan to take profit at $33.00.
My team considers $TUP to be trading at a bargain price. With further inflation data being released on 6/10/21 $TUP becomes a fairly safe bet for a short-term rally.
If you want to see more, please like and follow us @SimplyShowMeTheMoney
$SPY Tread Lightly, How to Hedge AccordinglyA weekly Long term SPY chart can tell a lot, would not at all consider myself a "bear" but I do think that people should be aware of not only this chart but a lot of the current factors and economic situations we are in right now, from chip shortages, lumber prices, to inflation, the reasons to hedge accordingly against a correction continue to show everyday. Patterns like to present themselves in strange ways.
We can look at SPY ATH from 2018, to its low in December 2018 and show retracement levels respectively. From the lows, we saw a 161% retracement from ATL's and then a correction. Considering where we are now, from ATH's in early 2020, to the lows of March 2020, Spy has retraced yet again, 161%. Obviously the correction was not purely technical based, because of the pandemic, but I do see continuing reasons on why as a whole the market is "overvalued". A healthy correction IMO is imminent, timing it is the hard part, I think we can see a continued SPY run towards 430-435 range, but at that point I would monitor positions closely and have cash ready.
Hedges for me makeup a small percentage of my portfolio, but i will continue to allocate profits from short term swing trades I make towards these hedges. Hedges can be as simple as inverse SPY ETF's, to commodities, to long term options positions. In my opinion, and for my investing strategy, the hedges I am using and will continue to add to these positions as we move higher are the following:
$GLD Call Options 6M-1Y Expirations
$UVXY $40 Call Options with various ranges of expiration dates, as early as July and late as December
$IEF 7-10 Year Treasury Bond Yield ETF Call Options
$PLUG Important Price Level PLUG looking to make its next move that will be determined by the price action in the coming week, we have a very decent bullish setup with a nice trading range that gives solid risk rewards profile. As you can see we have multiple areas of support and resistance and are currently sitting on the $31 support level, a very important price to hold. More bullish sentiment is a bounce off its 200DMA that can carry this higher short and long term.
In the next few trading days we can expect one of 2 things to happen. Holding 31$ and a push towards $35 again would indicate a long term downward channel breakout attempt. ADX supports the movement and breakout as well. Second thing that could happen is market isnt ready to take this higher yet, and we see another retest of $25 range to form a double or triple bottom for a breakout in the future. Watch closely.