XFT Long for 2023-2025Hi,
I would like to share some gems that I think are good bets.
This is the chart with ETH pair, so price in USD may differs a bit.
The 1st support is roughly at $0.30, that it's the current bottom. If the price will ever get here again, I will buy massively.
The 2nd and 3rd support are respectively at roughly $0.80 and $1. The price, considering BTC movements and volatility may rebounce at these levels.
The 1st 2nd and 3rd resistance are respectively at $2, $2.75 and $4.
My entry is at $0.50
Exit gradually from $3
Why am I bullish?
- Product release in Q1
- Tokenomics is strictly linked with the cashflow: more inflow into the platform -> Buy pressure -> price goes up (and viceversa).
This is one of my long-term bag for the bullrun (that I think will happen and peak in 2024). I'm not trading it, but I'm HOLDING it.
PS: I will update here time to time with comments.
TERM
The income statement: the place where profit livesToday we are going to look at the second of the three main reports that a company publishes during the earnings season, the income statement. Just like the balance sheet, it is published every quarter and year. This is how we can find out how much a company earns and how much it spends. The difference between revenues and expenses is called profit . I would like to highlight this term "profit" again, because there is a very strong correlation between the dynamics of the stock price and the profitability of the company.
Let's take a look at the stock price charts of companies that are profitable and those that are unprofitable.
3 charts of unprofitable companies :
3 charts of profitable companies :
As we can see, stocks of unprofitable companies have a hard enough time growing, while profitable companies, on the contrary, are getting fundamental support to grow their stocks. We know from the previous post that a company's Equity grows due to Retained Earnings. And if Equity grows, so do Assets. Recall: Assets are equal to the sum of a company's Equity and Liabilities. Thus, growing Assets, like a winch attached to a strong tree, pull our machine (= stock price) higher and higher. This is, of course, a simplified example, but it still helps to realize that a company's financial performance directly affects its value.
Now let's look at how earnings are calculated in the income statement. The general principle is this: if we subtract all expenses from revenue, we get profit . Revenue is calculated quite simply - it is the sum of all goods and services sold over a period (a quarter or a year). But expenses are different, so in the income statement we will see one item called "Total revenue" and many items of expenses. These expenses are deducted from revenue gradually (top-down). That is, we don't add up all the expenses and then subtract the total expenses from the revenue - no. We deduct each expense item individually. So at each step of this subtraction, we get different kinds of profit : gross profit, operating income, pretax income, net income. So let's look at the report itself.
- Total revenue
This is, as we've already determined, the sum of all goods and services sold for the period. Or you could put it another way: this is all the money the company received from sales over a period of time. Let me say right off the bat that all of the numbers in this report are counted for a specific period. In the quarterly report, the period, respectively, is 1 quarter, and in the annual report, it is 1 year.
Remember my comparison of the balance sheet with the photo ? When we analyze the balance sheet, we see a photo (data snapshot) on the last day of the reporting period, but not so in the income statement. There we see the accumulated amounts for a specific period (i.e. from the beginning of the reporting quarter to the end of that quarter or from the beginning of the reporting year to the end of that year).
- Cost of goods sold
Since materials and other components are used to make products, accountants calculate the amount of costs directly related to the production of products and place them in this item. For example, the cost of raw materials for making shoes would fall into this item, but the cost of salaries for the accountant who works for that company would not. You could say that these costs are costs that are directly related to the quantity of goods produced.
- Gross profit (Gross profit = Total revenue - Cost of goods sold)
If we subtract the cost of goods sold from the total revenue, we get gross profit.
- Operating expenses (Operating expenses are costs that are not part of the cost of production)
Operating expenses include fixed costs that have little or no relation to the amount of output. These may include rental payments, staff salaries, office support costs, advertising costs, and so on.
- Operating income (Operating income = Gross profit - Operating expenses)
If we subtract operating expenses from gross profit, we get operating income. Or you can calculate it this way: Operating income = Total revenue - Cost of goods sold - Operating expenses.
- Non-operating income (this item includes all income and expenses that are not related to regular business operations)
It is interesting, that despite its name, non-operating income and operating income can have negative values. For this to happen, it is sufficient that the corresponding expenses exceed the income. This is a clear demonstration of how businessmen revere profit and income, but avoid the word "loss" in every possible way. Apparently, a negative operating income sounds better. Below is a look at two popular components of non-operating income.
- Interest expense
This is the interest the company pays on loans.
- Unusual income/expense
This item includes unusual income minus unusual expenses. "Unusual" means not repeated in the course of regular activities. Let's say you put up a statue of the company's founder - that's an unusual expense. And if it was already there, and it was sold, that's unusual income.
- Pretax income (Pretax income = Operating income + Non-operating income)
If we add or subtract (depending on whether it is negative or positive) non-operating income to operating income, we get pretax income.
- Income tax
Income tax reduces our profit by the tax rate.
- Net income (Net income = Pretax income - Income tax)
Here we get to the income from which expenses are no longer deducted. That is why it is called "net". It is the bottom line of any company's performance over a period. Net income can be positive or negative. If it's positive, it's good news for investors, because it can go either to pay dividends or to further develop the company and increase profits.
This concludes part one of my series of posts on the Income statement. In the next parts, we'll break down how net income is distributed to holders of different types of stock: preferred and common. See you soon!
$SHOP call 👀📈I've used a few tools and indicators to predict Shopify share price over the next couple weeks
Not investment advice
I believe SHOP is massively undervalued, with some exciting projects coming soon. We saw an ATH @ around $172 in Nov 2021, and since then the price has dropped around by over 4x less, to about $40. This is around $15 above the ATL.
However, £SHOP is also vulnerable to external factors, and as we saw in the news, Russia has apparently attacked Poland, which could be massive news for the market - a lot of investors will get spooked and sell shares. Shopify relies on online purchases, so there is both an advantage and a disadvantage for them.
Another factor I've spotted which I believe is great for the long term potential of $SHOP is the growth in ecommerce sales and the number of people starting ecommerce businesses. The recent downward economy has forced a lot of businesses to go online, growing the customer base and number of businesses that operate online. As we already know, ecommerce is booming already, but Statista predicts that global ecommerce sales will rise massively to over $8.1TRILLION! In 2021, this figure was just over $5.1trillion.
Bitcoin Prediction Next 10 years
I belive strongly we will hit 26K and drop to 13k in the near future. From then we work our way to 32K then up to 52k. we would drop to 21k before hovering around 22k and 34k. From there we do a Bart Simpson pattern at 37k to 42k back down to 37k. Then after that we haul all the way up to 107k and take a steep drop to 64k. from the low we will pump to around 420,420(because our current all time high is at 69.6k it makes sense we will hit 420,420. Then we crash all the way to 84k before hovering between there and 122k. We run up to 177k then to 112k before ripping booty to 1.9m. A correction to 1.2m and then we will fly up to 3.1m before crashing to 469k. FUD is widespread institutions are crapping themselves. Tim Cook who bought 40 Billion bittys at 2 million is crying at his stock bonuses disappearing before the launch of the Iphone 23. He capitulates at 1.7 Million. Then Bitcoin Flys after Tim and many other companies capitulate. We Melt Faces on our way up to 10 Million before dropping to 4.1m and back up to 10.5 Million. Again the companies bought the top and overleveraged and capitulate many bitcoin at the bottom. The cycle continues. (Not real TA i really pulled this out my A** lmao)
Hypothetical idea: "when" & "how high" will next BTC peak be?Very, very simple projection using previous BTC "Halvening" dates measured to peak of market over the last several years, and then averaging the three periods (again, the length of time from Halvening to next peak) to project the next peak.
Used TradingView curve tool to capture the peaks and troughs of the market over time. Obviously using Bitstamp as it has the most complete market data.
Obviously just a projection - but using these inputs and the curve tool to project, it looks like the end of the next BTC cycle should be mid to late 2025 (as early as June or July, as late as August or September), and a peak of I would say between 75K-110K.
I think the time right now is to be very careful. The market is starting to get very frothy due to the anticipation of the US Federal Reserve easing, but honestly I think the market is getting way ahead of itself. Short to mid-term, I see Bitcoin rallying into the end of 2023, possibly as high as upper 40K, but then correcting back to under 20K.
Then we should start rallying into the next Halvening in 2024, and then finally start to moon again. But this will take some time.
Consider the Long-Term ChartI'm not going to call if the bottom is in or "not so fast" but just want to point out that we may only be halfway through a significant long-term downturn. It's concerning to me that RSI has broken significantly below 50 for the first time since the market recovered from the lows in early 2009. It's also concerning that price looks like it wants to retest the 50-mo. EMA after seemingly finding support a couple months ago. There's still considerable downside risk to the 200-mo. EMA where it has found long-term support in the past and it also happens to currently line up with a double bottom with the covid panic low from early 2020. Will it go down to the 200-mo EMA now? I'm not sure, I'm just saying that it could and you need to be prepared for that. I do know that if it continues to drop it would be a blood bath down at those levels and also a great long-term buying opportunity in my opinion (it could find support above, at or below the 200-mo EMA and an interesting level would be the top from the tech bubble around 2000 which lines up with a period of sideways consolidation from 2015-2016.
Bull Case Scenario for AVAXAVAX is poised for significant price appreciation in the near future, making it a smart investment opportunity for those looking to tap into the growth potential of the blockchain industry. The platform's unique features, such as its scalable and secure architecture, its ability to handle high volumes of transactions, and its flexible and decentralized governance model, set it apart from other blockchain platforms and position it for growth.
Additionally, the growing demand for decentralized finance (DeFi) applications and the increasing popularity of non-fungible tokens (NFTs) are driving interest in the blockchain sector, and AVAX is well-positioned to capture this demand. With a highly engaged and growing community, and a strong commitment to developing cutting-edge technology, AVAX is poised for continued growth and price appreciation in the years to come.
BTC in Wave 4? A scenario I've been watching. With the way the world is, it could be a possibility. Alternative would be...we have completed wave A of a large correction and currently on B. Either way, let's keep our eyes peeled and move with the money.
I'm new to sharing here on TV, so not sure what more to add that isn't on the chart. Ask any questions below ✌🏻
Bitcoin warning🔥VOLATILITY IMMINENTBitcoin is showing a bit of a bullish streak again in the market selection I opened The price 23000$ and choise stop loss 1580$. I hope that soon we will get good profits at $2400 and $24500. I continue to hold small longs on bitcoin and ether, although I have reduced the volume of the transaction. In the range of $24,500-$25,200, I plan to close them and look for entry into the shorts. I think that such a short is justified. This is a strong resistance level and a correction is long overdue. + it looks like TOTAL, TOTAL2 and USDT.D will hit their resistance levels at this bitcoin price.
If there is no growth, then I will continue to work from the long, but after the correction.
Not another market timing theory....Okay, I get it. Timing the market < time in the market, but I can't argue with the results of this strategy. Here we're going to take a look at a timing model using the popular MACD / MA Cross combination, with a dash of stop loss and a pinch of momentum indication, so let's dive in.
This is "close" to what I use for my personal indicator, although done on a different platform. A while back, I took on the challenge of learning Pine Script for my first coding experience. A lot of copy/paste was used. I published an "Advanced MACD/MA Cross" indicator, with the intent on building it into this strategy.
So yes, first of all, the main signal is a combo MACD / MA Cross on the S&P 500 index ( SP:SPX ). Another important thing, likely the most important thing of all, is this strategy relies on the LOGARITHMIC movement of the S&P. This is very important. When looking at the log movement of a stock or index or whatever, you go from looking at the REAL PRICE to looking at MOMENTUM. In my years of trying to find a decent momentum indicator, I found just looking at the logarithmic movement was best.
Settings for MA Cross are fast 200 TEMA, slow 650 DEMA. I've found it best if the MA types are different (slow MA is also a slower "type") when looking at logarithmic movement. For instance, if your slow MA is an SMA, fast should be EMA. If slow MA is EMA, fast should be DEMA, so on and so forth. This will cause the slow MA to vertical shift down during bull markets and up during bear markets. The settings provided seem to give a good overall indicator of general market movements, but usually it's slow to respond to market entries. My MACD looks at exponential moving averages of 200 and 500 on the S&P, and then applies a 100 day EMA signal line. This provides good entry points in general.
When evaluating these long term trends, sometimes, unexpected things happen in the market that give potential to lose a lot of money. This strategy also implements a stop loss and market "bounce" finder. Stop loss is straight forward. If the strategy detects that the log movement of S&P has dropped by 10 points, a "bond market alert" will trigger. Conversely, the "bounce" finder looks at log movement of S&P from a rolling 17 day period, and if it's moved upwards by 10 points, a "stock market alert" will trigger.
The strategy tester is pretty good, although the equity holds a flat line through the Bond market. This is where a true portfolio backtest would come into play. Look at the list of trades from the strategy tester, input them into a spreadsheet or whatever, and see how this movement indicator would work for your favorite stock over the past several years. Chances are, it'll work pretty well, and a lot better than a buy and hold strategy. While looking, you may want to investigate leveraged long term treasury bonds ( AMEX:TMF ) during the indicated downtime, or index LETF's during the uptrends ( AMEX:UPRO , NASDAQ:TQQQ , etc.), depending on your risk tolerance.
The chart above shows the S&P compared to Vanguard's Long Term Treasury ETF ( NASDAQ:VGLT ), as well as market entry and exit positions, in the first pane. Second pane is the Logarithmic movement of the S&P, and the strategies MA Cross lines. Third pane is MACD (MACD MA's not shown for clarity). Fourth pane shows the "bounce" indicator. Strategy tester goes all the way back to 1950, or the beginning of daily data for the S&P 500. You'll see a few trades missed the mark, but the profit factor is important to note (and keep in mind, this doesn't take into effect BONDS!)
P.S. disclaimer, this isn't 100% exactly what I use for my personal market entry / exit indicators. My personal bounce entry and stop-loss methodologies are slightly different, and I also track an underlying portfolio that will initiate a stop loss if neither stocks or bonds are working (i.e. 2022). And also, I'm not a financial professional, this isn't financial advice, yada yada yada.
P.P.S. please forgive me if the formatting doesn't end up right here, never published a strategy before!
At the beginning was the EquityWith this post, I am concluding the analysis of the company's balance sheet. You can read the previous parts here:
Part 1 - Balance sheet: taking the first steps
Part 2 - Assets I prioritize
Part 3 - A sense of debt
Now we know that every company has assets on one side of the balance sheet and liabilities and equity on the other side. If you add liabilities and equity together you get the sum of assets. And vice versa, if you subtract all of the company's liabilities from the assets, you get what? That's right, you get Equity . Let's discuss this important component of the balance sheet.
When a company is first established, it must have initial equity. This is the money with which any business starts. It is used for the first expenses of the new company. In the case of our workshop , the equity was the master's savings, with which he bought the garage, equipment, raw materials and other assets to start his business. As sales progressed, the workshop received the revenue and reimbursed expenses. Whatever was left over was used to boost the company's profit. So, our master invested his capital in the business to increase it through profits.
Making a profit is the main purpose for which the company's assets work, loans are raised, and equity is invested.
Let's see which balance sheet items are in the Equity group:
- Common stock (The sum of nominal values of common stock issued). Remember, when our master decided to turn his company into a stock company , he issued 1 million shares at a price of $1,000 per share. So $1,000 per share is the par value of the stock. And the sum of the nominal values of the stocks issued would be $1 billion.
- Retained earnings . It is clear from the name of this item that it contains profits that have not been distributed. We will find out where it can be allocated in the next post, when we start analyzing the income statement.
- Accumulated other comprehensive income (Profit or loss on open investments). The profit or loss of a company can be not only from its core business, but also, for example, from the rise or fall in the value of other companies' shares that it bought. In our example, the workshop has oil company shares. The financial result from the revaluation of these shares is recorded in this item.
So, the equity is necessary for the company to invest it in the business and make a profit. Then the retained earnings themselves become equity, which is reinvested to make even more profits. It's a continuous cycle of the company's life that bets on equity growth.
Which balance sheet items are of interest to me in the Equity group? Of course, I am interested in the profit-related items: retained earnings and profit or loss on open investments. The sum of nominal share values is a static indicator, so it can hardly tell us anything.
However, it is better to use information from the income statement rather than the balance sheet to analyze earnings, because only this report allows us to see the entire structure of a company's income and expenses.
So we conclude the general analysis of a company's balance sheet. To fully understand why it is needed, let's engage our imagination once again. Do you remember the example with the hotel ? We imagined that a joint stock company is a hotel with identical rooms, where you, as an investor, can buy a certain number of rooms (one room = one share). Think about what you would want to look at first before buying? Personally, I'd rather see photos of the rooms.
So, the balance sheet can be compared to such photos that we get from the hotel at quarterly and annual intervals. Of course, in such a case, the hotel will try to use special effects as much as possible in order to improve investors' impression of the photos released. However, if we track and compare photos over multiple periods, we can still understand: is our hotel evolving, or have we been watching the same couch in a standard room for 10 years in a row.
We can say that the balance sheet is a "photo" of the company's assets, debts and equity at the balance sheet date. And the balance sheet items I've chosen are what I look at first in this photo.
In the next series of posts, we will break down an equally important report, the income statement, and explore the essence of earnings. See you soon!
Bitcoin warning🔥🔥VOLATILITY IMMINENTWe are seeing a steep decline at this point. There are two lows, the first low is $22,200 and the second low is $21,600. There are two options, we should not rush to buy based on the first drop, because there is a high probability of a return to the price of $21,600. We will be able to buy again at the low price and start a long trade
BULLISH into BEARISH ScenarioTSLA has momentum to move to 180 area. (This needs to happen before FOMC meeting)
I thought Tesla was finished here, but momentum is strong and puts are piling in, I think we may see a continued rally to 169,if we close above 167.55 on daily or weekly, Tesla could hit 180 by Tuesday, before selling off
Technical Bullish Patterns:
15min- Bullish pennant breakout - measured move to 170-175 (close below 154.5) invalidates (false break-out)
Daily: H&S Pattern measured move to 175-181 (close below )
Technical Bearishness:
1 hr - Bearish Divergence on RSI, MACD, STOCH
200 WMA: 167
currently oversold on BB bands
Bearish Catalysts:
-1/27 PCE Prices higher than expected
-1/31 employment cost index higher than expected
-1/31 Bad Tech earnings
-2/1-Fed Drops Market on Feb 1st (FOMC decision) **** I think Fed will tank the market
Where is ETH in its Fibb retracement now?Based on its past bull/bear cycle, ETH has reached its bottom for a while now. I do not like to push bear or bull narratives, but just taking the fibb levels into consideration we're at a good place to buy if you plan to hold on to it for the long term.
What I'm planning to do is to buy a bit around current price and leave some dry powder ready if it falls back to the lower fibb band.
What are you all doing at this moment? Have we seen the bottom already? Is it yet to come?
Not at the bottom now, but we will get a very nice opportunity!Hello trades & hodlers out there.
I have very bad, but also very good news depending on your timeframe!
As we saw the bear flag is working, there is absolutely no sign in the market left, that we are in the bear market phase.
As clear as it so now, we are also only have left the last leg down i guess.
This move could come in steps or very fast in on big flash crash.
In my opinion, the flash crash scenario is less likely but could bring us the best short term buy price.
The green box marked the time and price range, which is obviously quite a big range. But nothing is for sure, so please take care!
At 14,000 USD i will buy massiv, even if we could go lower.
If we are not reaching this price, i will buy after the bottom was built on a retest pullback.
Wish you all luck & be very patient.
Don't act emotional, otherwise you will lose a lot in this market phase!
XAU/USD Nice move from market Bias today is down - I prefer to Short more than Long
Plan 1: Sellers continue breaking by Strong Buyers Zone and price move down to 1912
Plan 2: Price is protected by Strong Buyers Zone and price increase to 1927, which has big volume from Sellers. I think we will see a litigation for this area but Sellers will take advantages and Price move down to 1912
Plan 3, just my vision. Price breaks and move above the yellow circle then we can take risk a Long trade to zone 1930 or 1940
These are my plans but it still a possibility :) Have a good day guys!
Ray
Daily review of ETH interval 4HHello everyone, let's look at the ETH to USDT chart on a 4-hour time frame. As you can see, the price is moving in a triangle and is getting closer to leaving it.
Let's start with the support line and as you can see the first support in the near future is $1562, if the support is broken then the next support is $1542, $1515 and $1480.
Now let's move to the resistance line, as you can see the first resistance is $1583, if you manage to break it, the next resistance will be $1600, $1615 and $1630.
Looking at the CHOP indicator, we see that there is some energy left for further movement, the MACD indicates entering a local downtrend, while the RSI shows a rebound and a downtrend.
ENPH - MyMI Option PlaysAfter watching the $203 Dip this morning, we purchased some PUTs for the stock as we expect to retest those levels and lower after losing support around the $211 Price Level.
We're looking for this to head to $188 over the coming weeks based on the loss in momentum alongside losing support.
Looking for very strong support at the $179.12 for those interested in gathering profits to the downside to get into this long-term.