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COINBASE: The lengthy BUY/SELL wave pattern to $280.Coinbase is trading on its 1D MA50 on a marginally bullish 1D technical outlook (RSI = 55.372, MACD = -1.520, ADX = 34.856) despite the recent breakout. The long term pattern is a Channel Down and according to the Wave Structure of the HH and HL levels, we still have another 30 days (March 14th) until the bottom of the current Wave, which should at all times be supported by the 0.618 Fibonacci level and of course the 1D MA200. When the 1D RSI crosses over the LH trendline, we will have a buy signal regardless of the price level. The range between each HH-to-HH and HL-to-HL isn't absolute but is close, well balanced and as you can see, fairly symmetric. Our target is at +144.50% from the recent low (TP = 280.00). See how our prior idea has worked out: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
NASDAQ:COINLong
by InvestingScope
💻Microsoft Corp💻 is Ready to Decrease➖15%🏃‍♂️ Microsoft Corp is moving near the 🟡 Potential Reversal Zone(PRZ)($437-$422) 🟡. 💡Also, we can see Regular Divergence(RD-) between two Consecutive Peaks . 🌊From the theory of Elliott waves , it seems that the macro can complete five main impulse waves in 🟡 Potential Reversal Zone(PRZ)($437-$422) 🟡. 🔔I expect the Microsoft Corp to at least fall to the 🟢 Support zone($368_$342) 🟢 after the completion of wave 5 and the breaking of the Uptrend line . Microsoft Corp (MSFTUSD) Analyze, Daily time frame⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my Idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
NASDAQ:MSFTShort
by pejman_zwin
1
BABA | A trillion dollar criticismChinese tech titan Jack Ma had been having it rough ever since his criticism of Beijing triggered a backlash on his companies and wealth but a recent development may change the tide. On Friday, China's central bank announced a fine of 7.12 billion yuan, or $985 million, for Ant Group the fintech giant co-founded by Ma that operates the Alipay payments app signaling that its years-long regulatory crackdown is ending. But the years-long crackdown has taken a heavy toll on Ma's wealth and the market valuations of the companies he holds stakes in. Alibaba the flagship company he cofounded saw a 45%, or $620 billion, drop in market value since shares hit their peak in 2020, per Bloomberg's calculations on Sunday. Ant Group is now valued at around $78.5 billion marking a steep 75% discount to its valuation of $315 billion in a scuttled IPO before Beijing's regulatory crackdown in 2020. The collective $850 billion wipe out in Alibaba and Ant's valuations has sent Ma's net worth plunging from about $61 billion in October 2020 to $34.1 billion as of Monday On a personal level, Ma has also been lying low for more than two years.Ma angered Chinese authorities after giving a speech in October 2020 in which he criticized China's financial regulatory system and claimed Chinese banks were operating with a "pawnshop" mentality. His words prompted intense regulatory scrutiny of his businesses including Alibaba and Ant and a wider crackdown on tech firms in China. In January, he was spotted in Bangkok, where he visited a Michelin-starred street-food restaurant and watched a Muay Thai fight. He also popped up in Hong Kong in the same month. In March, Ma returned to a school he founded in his hometown of Hangzhou in eastern China. In April, he was appointed an honorary professor at the University of Hong Kong. In May, Ma took up a teaching position in Japan, one of the first public roles he has assumed since disappearing from the spotlight in 2020. Last month, Ma attended the Alibaba Global Mathematics Competition finals in Hangzhou, where Alibaba is based. Alibaba shares in Hong Kong were up 3% at 86.90 Hong Kong dollars apiece at midday, buoyed by news of the fine. The company's shares in New York closed 8.1% higher at $90.55 apiece on Friday.
NYSE:BABA
by moonypto
2
$WGMI - Bitcoin Miners ETF - Printing $ From EnergyNASDAQ:WGMI NASDAQ:MARA NASDAQ:WULF NASDAQ:CLSK NASDAQ:NVDA So to keep in line with my new “printing money from Solar Energy” series, I came along this gem, an ETF w all of the Bitcoin Miners stocks. Any financial advisor will tell you an ETF is a great way to trade an entire industry/sector while reducing unsystematic risk, AKA reducing risk associated with one individual company. (I.e, bad corrupt executives, bad accounting practices, bad management, etc.,) This Exchange Traded Fund (ETF) is a pool of the following stocks; 1. MARA - Marathon digital 2. CLSK -Cleanspark 3. RIOT - Riot blockchain 4. IREN - Iris Energy 5. NVDA - Nividia 6. WULF - TeraWulf APLD- Applied Digital CIFR- Cipher Mining, ..and on and on. This is a well diversified investment for anyone looking to get exposure to Bitcoin mining stocks while Bitcoin is breaking through its current major resistance levels, and I am SUPER UBER LONG all of them.
NASDAQ:WGMILong
by jgeno
Disney: Bullish Reversal, Upside Potential +10% ?Hi Realistic Traders, let's delve into the technical analysis of NYSE:DIS Following the breakout of the bearish trendline and double bottom pattern (signaling a Bullish Reversal), Disney sustained its upward trajectory beyond the double bottom and the EMA90 Line. Furthermore, a falling wedge pattern emerged near the EMA90 Line, suggesting a continuation of the bullish trend. Subsequently, the price surpassed the falling wedge pattern, accompanied by the MACD line crossing above the signal line, reinforcing the likelihood of a bullish signal toward the target area. These technical indicators typically validate the potential for a bullish trend continuation. It is essential to note that the analysis will no longer hold validity once the target/support area is reached. Disclaimer: "Please note that this analysis is solely for educational purposes and should not be considered a recommendation to take a long or short position on Disney." Please support the channel by engaging with the content, using the rocket button, and sharing your opinions in the comments below!
NYSE:DISLong
by financialfreedomgoals101