PYTH - new ATH, can this coin 20x in 2024?Technical analysis
PYTH looks absolutely strong! This coin is listed on all major exchanges and is pretty easy to buy. Why do I think this coin is bullish? We can see that the price is going up after the listing on exchanges, which is a strong sign of interest. It will hit a new all-time high pretty soon, and after that, it can skyrocket. The accumulation phase should be completed, and we are ready for price discovery in 2024. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Trading is not hard if you have a good coach! Thank you, and I wish you successful trades.
About Pyth Network
The Pyth Network is the largest and fastest-growing first-party oracle network. Pyth delivers real-time market data to financial dApps across 40+ blockchains and provides 380+ low-latency price feeds across cryptocurrencies, equities, ETFs, FX pairs, and commodities.
The network comprises some of the world's largest exchanges, market makers, and financial services providers who contribute their own price data for use by smart contracts. Participants in the network include Binance, OKX, Jane Street, Bybit, Cboe Global Markets and more. The Pyth oracle program aggregates their data on-chain to guard against inaccuracies and manipulation. Finally, the protocol allows users to "pull" the latest price onto their blockchain when needed.
In less than a year since the launch of the cross-chain pull oracle, the network has secured over SEED_TVCODER77_ETHBTCDATA:1B in total value. The Pyth Network has been used by over 250 applications to secure $100B in trading volume. Integration with Pyth Price Feeds is permissionless. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Trading is not hard if you have a good coach! Thank you, and I wish you successful trades.
Three Drives
Mask - ready to start an inrcedible uptrendMask is ready to start an incredible uptrend; at least, this is what my analysis suggests. We can see that the downtrend ended with the descending parallel channel, and now the whales are accumulating contracts in this rectangle pattern. You can either wait for a breakout or buy a small correction. 471% profit is the minimum you want, but I believe we are going to go much higher than that. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades!
Mask Network is a protocol that allows its users to send encrypted messages over Twitter and Facebook. It essentially acts as a bridge between the internet and a decentralized network running on top.
Mask Network was initially launched in July 2019, with its first use case of allowing Facebook and Twitter users to encrypt posts on the social media platforms. It then raised $2 million in a funding round in November 2020, co-led by HashKey and Hash Global, and a further $3 million funding round in February 2021 with participation from Digital Currency Group and Fundamental Labs.
Now, Mask Network offers the ability to fund Gitcoin grant campaigns directly from Twitter, as well as plans to offer peer-to-peer payments and decentralized storage functionality. It is a decentralized portal that also allows users to use DApps like crypto payments, decentralized finance, decentralized storage, e-commerce (digital goods/NFTs) and decentralized organizations (DAO) over the top of existing social networks without migrating, creating what is referred to as a decentralized Applet (DApplet) ecosystem. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades!
EURCAD, good area for a short with tight stop lossNotice the area of Resistance.
Also, the price already moved a few times in equal measured moves.
Also, price is at the 200 EMA of the 4-hour chart.
That might be an area for an excellent risk-to-reward trade, although at the moment looks like the price is making higher highs and higher lows.
We might wait for the price to do a fake-out move down on maybe the 1-hour chart or enter at the level with a tight stop.
Observing - mindfull of the news coming in 3 hours - Inflation Rate YoY. News trading is not when I want to play with tight stops so probably will just watch.
Usoil long term target Western Texas Intermediate, the US crude oil benchmark, is trading around $77.50 on Friday. WTI prices edge higher after the weaker-than-expected US Retail Sales data raise hope that the Federal Reserve will soon start cutting interest rates in coming months.
WTI rebounds to $77.50 amid US dollar weakness, geopolitical risks
R3
West Texas Intermediate (WTI) Crude Oil rebounded on Thursday, catching an upshot into $77.50 per barrel and slamming back into a technical congestion zone on the charts as energy market bid Crude Oil back up after a midweek pullback. Crude Oil supply lines saw an unexpected uptick in barrel counts this week, warning barrel traders that global supply continues to climb at a much faster pace than energy markets initially expected.
TSLA 3 Drives PatternPossible targets if this plays out.
Everyone and their mama saw the IHS playing out today.
Earnings gap is almost filled.
Perfect 1.27 fibs on the bullish 3 drives pattern.
Expect some swings on the way up, it may take some time.
.5 Fib from high of 1st drive down to bottom of 3rd drive has been a historically difficult level.
Invalidated if we drop below 175 area.
Bullish flow today from options, but also two massive blocks of deep ITM puts purchased.
Timing of completion is unknown, could take months.
Again, just a possibility, or a thesis per se
BTC.D - technical analysis on the weekly chartThe BTC.D chart is very important to watch on the crypto market. It can predict an alt season or bitcoin season. Right now, I am expecting a bearish pullback to the rectangular formation and, after that, a bounce. If the price falls inside the rectangle, I become very bearish on the BTC.D chart. The price is currently below the main trendline, which is of course a bearish sign, but we need more confirmation.
Let me know what you think about my analysis, and please hit boost and follow for more ideas. Trading is not hard if you have a good coach! Thank you, and I wish you successful trades.
OP is BULLISH -Three Drives Pattern and 0.5 Fibonacci Level OP Token (OP) is currently trading near the upper boundary of an accumulation range, signaling a potential bullish breakout. The repeated bounce off the lower levels, combined with three instances of retesting and reactions from the 0.5 Fibonacci level, presents a compelling technical scenario.
🔄 Accumulation Range Breakout:
The fact that OP is trading near the upper boundary of the accumulation range suggests a willingness to break out to the upside. This zone often acts as a point of accumulation before a potential upward move. The series of retests and reactions at the lower levels indicate strong buying interest, reinforcing the notion of an impending breakout.
📉 Three Drives Pattern:
The presence of a three drives pattern adds further strength to the bullish thesis. This pattern typically signifies a strong trend reversal, with three distinct drives to the downside followed by a breakout to the upside. The three successful retests at the lower levels align with the characteristics of the three drives pattern, enhancing its significance.
🔍 0.5 Fibonacci Level Reaction:
The reactions observed at the 0.5 Fibonacci retracement level provide an additional layer of confluence. This level is widely recognized as a key retracement level, and the fact that OP has shown reactions here reinforces its importance as a potential support level.
🚀 Bullish Combination:
The combination of the three drives pattern, repeated successful retests, and reactions at the 0.5 Fibonacci level creates a bullish confluence. This suggests a strong potential for an upward breakout, with the market exhibiting characteristics indicative of a trend reversal and a shift in sentiment.
💡 Trading Strategy:
Traders considering OP should monitor the upper boundary of the accumulation range for a potential breakout. Confirmation of a sustained move above this level, accompanied by increased trading volume, would strengthen the bullish case. Setting stop-loss orders below key support levels can help manage risk in case of unexpected market developments.
🔮 Future Outlook:
The technical analysis of OP Token indicates a favorable setup for potential upward momentum. However, traders should remain vigilant and adapt their strategies based on real-time market data. The successful breakout above the accumulation range's upper boundary could pave the way for a significant bullish trend, but risk management remains crucial in navigating the dynamic nature of cryptocurrency markets.
CHFJPY 3 DRIVES BEARISHHello traders and welcome! I hope you're all having a fantastic trading week. Today, let's take a closer look at CHFJPY on the 4-hour chart, as it's presenting a promising trading opportunity.
On the 4-hour chart, we can observe the formation of a compelling 3 drives bearish pattern. Initially, the price seemed to ignore the bearish scenario, but subsequently, a double top formation has emerged. This double top formation is often indicative of a potential reversal, signaling a shift from an uptrend to a downtrend.
Currently, the price is trading below the short entry level, marked at 171.104. This suggests a bearish sentiment in the market. The volume accompanying this movement indicates active participation from market participants, adding weight to the analysis.
As long as the price remains below the short entry level (171.104), we can consider potential targets for the trade. Here are the Fibonacci retracement levels to keep an eye on:
62% Fibonacci retracement level (AD): 168.635
79% Fibonacci retracement level (AD): 167.807
100% Fibonacci retracement level (AD): 166.811
USDJPYIs USDJPY exhausting at strong resistance level?
As the price is been on high bull run but now it seems like price is lacking bullish momentum after reaching at resistance level and bearish divergence suggesting the sell pressure is about to start.
If the bears took control , the 1st target could be 143 followed by 140.
What you guys think of it?
$TARA.X $TARA Taraxa$TARA.X NASDAQ:TARA Taraxa (Market Cap $40.1M)
entry PT .00777-ish (Buy date: 19 Feb '24)
Target PTs .00777-ish --> .029--> .0050570 --> .014 --> slowly tanks to .0012230
Where can you buy Taraxa?
TARA tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade Taraxa is KuCoin, where the most active trading pair TARA/USDT has a trading volume of $203,468 in the last 24 hours. Other popular options include MEXC and Gate.io.
What is the daily trading volume of Taraxa (TARA)?
The trading volume of Taraxa (TARA) is $576,498 in the last 24 hours, representing a -42.70% decrease from one day ago and signalling a recent fall in market activity.
What is the all-time high for Taraxa (TARA)?
The highest price paid for Taraxa (TARA) is $0.07045, which was recorded on Mar 22, 2021 (almost 3 years). Comparatively, the current price is 83.95% lower than the all-time high price.
What is the all-time low for Taraxa (TARA)?
The lowest price paid for Taraxa (TARA) is $0.0005989, which was recorded on Dec 24, 2022 (about 1 year). Comparatively, the current price is 1,787.71% higher than the all-time low price.
What is the market cap of Taraxa (TARA)?
Market capitalization of Taraxa (TARA) is $40,789,500 and is ranked #657 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of TARA tokens (3.6 Billion tokens are tradable on the market today).
What is the fully diluted valuation of Taraxa (TARA)?
The fully diluted valuation (FDV) of Taraxa (TARA) is $116,730,002. This is a statistical representation of the maximum market cap, assuming the maximum number of 10 Billion TARA tokens are in circulation today. Depending on how the emission schedule of TARA tokens are designed, it might take multiple years before FDV is realized.
How does the price performance of Taraxa compare against its peers?
With a price decline of -15.80% in the last 7 days, Taraxa (TARA) is underperforming the global cryptocurrency market which is up 6.80%, while underperforming when compared to similar Layer 1 (L1) cryptocurrencies which are up 5.90%.
Ethereum is bullish and expecting a 27% riseEthereum is very bullish, in my opinion. We see that the price went below the parallel channel, but there is no bearish follow-through. In my opinion, this is a bear trap, and we will continue to go higher. 27% pump is my net target; take profit at the top of the trendline, as you can see in the picture. The good news is that the ABC correction has been completed successfully. It is starting, guys. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades!
Ethereum has pioneered the concept of a blockchain smart contract platform. Smart contracts are computer programs that automatically execute the actions necessary to fulfill an agreement between several parties on the internet. They were designed to reduce the need for trusted intermediates between contractors, thus reducing transaction costs while also increasing transaction reliability.
Ethereum’s principal innovation was designing a platform that allowed it to execute smart contracts using the blockchain, which further reinforces the already existing benefits of smart contract technology. Ethereum’s blockchain was designed, according to co-founder Gavin Wood, as a sort of “one computer for the entire planet,” theoretically able to make any program more robust, censorship-resistant and less prone to fraud by running it on a globally distributed network of public nodes.
In addition to smart contracts, Ethereum’s blockchain is able to host other cryptocurrencies, called “tokens,” through the use of its ERC-20 compatibility standard. In fact, this has been the most common use for the ETH platform so far: to date, more than 280,000 ERC-20-compliant tokens have been launched. Over 40 of these make the top-100 cryptocurrencies by market capitalization, for example, USDT, LINK and BNB. Since the emergence of Play2Earn games, there has been a substantial increase in interest in the ETH to PHP price. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades!
$PRPO Precipio Inc Target PTs 11 --> 6.20 --> 14.80 and higherNASDAQ:PRPO Precipio Inc
Target PTs 11 --> 6.20 --> 14.80 and higher
Precipio, Inc., a healthcare solutions company, provides diagnostic products, reagents, and services in the United States. It provides diagnostic blood cancer testing services. The company offers IV-Cell, a proprietary cell culture media that enables simultaneous culturing of four hematopoietic cell lineages; HemeScreen, a suite of robust genetic diagnostic panels; and COVID-19 antibody tests. It sells ICE- technology kits to bio-pharma customers. The company is based in New Haven, Connecticut.
$NXTP NextPlay Technologies Inc (RS) NASDAQ:NXTP NextPlay Technologies Inc (RS)
entry PTs .65 - .80-ish
Target PTs 2.39 - 3.20 - 4.40
NextPlay Technologies, Inc., a technology solutions company, provides games, in-game advertising, digital asset products and services, connected TV, and travel booking services to consumers and corporations in the United States, Puerto Rico, Europe, and Thailand. The company operates through three segments: Media, FinTech, and Travel. The Media segment provides HotPlay games studio, a game development studio that develops a range of casual games; HotPlay redemption mobile application, a digital wallet that is used to collect the HotPlay IGA rewards; HotPlay In game advertising and rewards platform, that enable advertisements and rewards to be inserted in game; goPlay platform, a gamification platform for users to compete against each other through tournaments and challenges, as well as a reward platform that rewards users for their continued loyalty and continuous game; and Zappware, a TV as a Service platform, which includes media source ingest, encoding and transcoding, packaging, protection, delivery, playback, and analytics that provide telco operators for their digital media processing, as well as a client side set top box and smart TV middleware platform, associated application framework and corresponding, and supporting content management system. The FinTech segment engages in the development of NextFinTech Platform, an integrated digital financial platform, which offers mobile banking, investments into alternative assets, and insurance to businesses and individuals. The Travel segment offers booking solutions for business and leisure; and travel technology solutions comprising alternative lodging rental properties under NextTrip ConNextions brand. The company was incorporated in 2005 and is based in Sunrise, Florida.
USDJPY - Heading to lower target AreaOANDA:USDJPY is finally headed lower towards the 145.00-145.50 area where there are multiple patterns completing. From here we should see some type of rally and the way it moves will give us the clues for a bullish or Bearish continuation.
Def one to watch over the coming days.
NFPs tomorrow which will stir the $$ up either way.
Enjoy the day.
$BYND Beyond Meat Inc FLOAT SHORTED: 45.82%NASDAQ:BYND Beyond Meat Inc FLOAT SHORTED: 45.82%
entry PTs 6.35 (Buy date: 22 Dec '23) --> 2nd entry PT 5.30 (Buy date: 23 Jan '24)
Target PTs 9.65 --> 6.35 --> 8.80 --> 5.30 --> 13
Beyond Meat, Inc. develops, manufactures, markets, and sells plant-based meat products in the United States and internationally. The company sells a range of plant-based meat products across the platforms of beef, pork, and poultry. It sells its products through grocery, mass merchandiser, club, convenience, and natural retailer channels, as well as various food-away-from-home channels, including restaurants, foodservice outlets, and schools. The company was formerly known as Savage River, Inc. and changed its name to Beyond Meat, Inc. in September 2018. Beyond Meat, Inc. was founded in 2009 and is headquartered in El Segundo, California.
$LAZY Lazydays Holdings Inc FLOAT SHORTED: 82.67%NASDAQ:LAZY Lazydays Holdings Inc FLOAT SHORTED: 82.67%
entry PT 5.11 - 5.22 (Buy date: 18 Dec '23)
Target PTs 8 --> 5.11 - 5.22 --> 7.28 --> 5.60
Lazydays Holdings, Inc. operates recreational vehicle (RV) dealerships under the Lazydays name in the United States. The company provides RV sales, RV-repair and services, financing and insurance products, third-party protection plans, after-market parts and accessories, and RV camping facilities. It also operates the Lazydays RV resort at Tampa, Florida. The company was founded in 1976 and is based in Tampa, Florida.