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The Future is Electric and $BLNK is poised soar The Technicals: We have seen NASDAQ:BLNK bounce off the $2.22 support level and indicating it has bottomed and ready to start making positive momentum on the upside. The bullish case for EV and Blink Charging Co. For starters, the demand for EVs is skyrocketing. In 2023, global EV sales reached 10 million units, and this number is expected to double by 2025. This is due to a number of factors, including government incentives, increased environmental awareness, and the fact that EVs are just plain cool. With the world going green and governments pushing for a transition to electric vehicles (EVs), the demand for charging infrastructure is set to skyrocket. Blink Charging, being a leading provider of EV charging equipment and services, is well-positioned to ride this electrifying wave. Expanding Network: Blink Charging has been busy expanding its charging network across the US, Europe, and the Middle East. This expansion could lead to increased revenue and a stronger market position, making it an attractive investment option for those looking to charge up their portfolios. Strategic Partnerships: Blink Charging has been making friends in high places, forming strategic partnerships with major companies like Whole Foods and the Los Angeles Department of Transportation. These alliances could lead to increased visibility and adoption of Blink's charging solutions, further boosting its growth potential. The Short Squeeze Potential: With a high short interest of 33%, a positive news catalyst could lead to a short squeeze, sending NASDAQ:BLNK stock soaring to the moon. This could be an opportunity for brave investors to capitalize on the potential upside.
NASDAQ:BLNKLong
by EgideSimba
8
BTC/USDT 4H ChartHello everyone, let's take a look at the BTC to USDT chart on a 4-hour time frame. As you can see, the price is moving above the local uptrend line. After unfolding the Fib Retracement saitka, you can see that the price is struggling with the resistance at the level of $45,050, while there is still strong resistance at the level of $46,766. Looking the other way, you can see support at $42,816, and then the second support at $41,160. The RSI shows a rebound from the upper limit, which gives a slight rebound, while the STOCH indicator still remains above the upper limit, which may result in a greater price recovery.
by cryptodailyuk
ETH/USDT 4HHello everyone, let's take a look at the ETH to USDT chart on a 4-hour time frame. As you can see, the price has moved higher from the local downtrend line. After unfolding the trend based fib extension tool, you can see how the price is struggling with the resistance at $2,413 and may then rise to the resistance at $2,503. Looking the other way, you can see support at $2,367, followed by a support zone from $2,306 to $2,273. There is still some room for growth on the RSI, but the STOCH indicator shows a move above the upper limit again, which may limit the upward movement.
by cryptodailyuk
2
ATOM/USDT 4HInterval ChartHello everyone, I invite you to review the ATOM chart in the USDT pair, taking into account the four-hour interval. First, we will mark the upward trend channel with the blue lines, where we could see the price breaking down, and the decline itself was close to the height of the previously defined channel. Currently, using the yellow lines, it is worth defining a triangle from which the price starts to exit with an upward movement. Moving forward, we can move on to marking support areas in the event that the price turns again. And here the first support is at the price of $9.11, which effectively kept the price from further declines. However, if we see a break from the current support again, it may result in a drop to around $8.18. Looking the other way, we see that the first important resistance is at the level of $10.18, and if the price positively crosses it, it may move towards the second resistance at the level of $11.11. Please look at the RSI indicator, as there is still room for price increases, and if we look at the STOCH indicator, it should raise caution as we are moving at the upper end of the range, which may influence the willingness to react.
by cryptodailyuk
The Bullish Case for Snap Inc. (SNAP)NYSE:SNAP has earnings today and a GAP to fill from May 2023. Additionally, SNAPs price action has built a minor consolidation channel the past 2 months. Will we see some strong movement to the upside??? The Longterm Bullish Case for Snap Inc. ( NYSE:SNAP ) Despite facing strong competition from other social media giants, Snapchat has managed to maintain a loyal user base and continues to innovate its platform to attract new users. Here are some key points that support a bullish thesis for SNAP: Snapchat has a large and growing user base, with over 347 million daily active users as of Q3 2023. The platform's unique features, such as disappearing messages and AR filters, have helped it maintain a strong presence among younger demographics. Improved monetization: In recent years, Snap has made significant strides in improving its advertising offerings and revenue generation. The company's focus on augmented reality (AR) and camera-based advertising has helped it stand out in the crowded social media advertising space. Expanding revenue streams: Snap has been diversifying its revenue streams through the introduction of new features and services, such as Snap Originals, Snap Games, and the Spectacles AR glasses. These initiatives have the potential to drive significant growth in the future. Strong financials: Snap's financial performance has been improving, with the company reporting positive net income for the first time in Q3 2023. The company's revenue has also been growing steadily, driven by its expanding user base and improved monetization efforts. Attractive valuation: Despite its strong growth potential, Snap's stock is currently trading at a relatively low valuation compared to its peers. This presents an attractive opportunity for investors looking to capitalize on the company's growth prospects.
NYSE:SNAPLong
by EgideSimba
4
ETH/USDT 4HInterval ChartHello everyone, I invite you to the ETH chart on a four-hour interval. As you can see, the price broke out of the local downtrend line. After unfolding the Fib Retracement saitka, there is a strong resistance zone from $2,359 to $2,392, which keeps the price from increasing further. Looking the other way, there is support at $2,315, followed by a strong zone from $2,264 to $2,236. The RSI indicator shows how the downtrend line has been broken, with room for growth. However, the STOCH indicator is at the upper limit, which temporarily limits a larger price increase.
by cryptodailyuk
BNB/USDT 4H Chart ReviewI invite you to review the BNB chart on a four-hour interval. We will start by defining, using the blue lines, the downward trend channel in which the price holds, and slightly using the yellow lines, we can determine the upward trend channel in which we are approaching the lower border. Let's now move on to marking the support areas for the price and after unfolding the Fib Retracement grid, you can see strong support at the lower border of the channel at $291, but here it is worth spreading the grid again in a smaller range, thanks to which you can see the support that currently holds the price around $297, however, when the price bottoms out from the first and second support, we may see a drop to around $272. Looking the other way, we can similarly determine the resistance areas that the price must face. And here we see that the price is effectively rejected by the strong resistance zone from $308 to $321, but when it breaks above it, we will be able to see an upward movement towards the resistance level at $342. When we look at the RSI indicator, we will see that, similarly to the STOCH indicator, we are near the middle of the range, with room for a potential deepening of the correction.
by cryptodailyuk
SOL/USDT 4HInterval ChartI invite you to review the SOL chart in the USDT pair, on a four-hour interval. Let's start by defining, using the blue lines, the downtrend channel from which we can see the exit at the top. However, here, locally, the yellow color can be used to indicate a downward triangle in which we are approaching a potential direction of movement. Here it is worth looking at EMA Cross 10 and 30, as they indicate the entry into a local downtrend, which could potentially result in a larger decline. In such a situation, it is worth checking potential support areas, and here we can see how the price is struggling to maintain the level of $96, however, if the level is broken and we exit the triangle at the bottom, the next support is around $89, and further support is visible at the level of 79 $. Looking the other way, you can see a narrow range between support and the first resistance, which is at the price of $97, moving above the resistance and the descending triangle may result in an increase to around $108, and then you can see resistance at the level of $116. When we switch to the RSI indicator, we can define a falling triangle from which the exit from the top resulted in a quick return to a specific triangle, while on the STOCH indicator, we can define a downward trend line, which the indicator must break to return to the upward trend.
by cryptodailyuk
ETH/USDT 1dInterval Chart ReviewHello everyone, I would like to invite you to a review of ETH in pair with USDT, on a one-day time frame. First of all, we can use the blue lines to mark an upward trend channel, in which the price is struggling to exit the channel at the top, but it is clear that it has a problem with this. Looking at the current situation, we will use the Fib Retracement tool, thanks to which we can determine the prevailing resistance points for price increases. And here, right at the upper border of the channel, there is strong resistance around $2,400, which for now effectively discourages the price from further growth. However, if we see a breakout and a positive test, we will be able to see an upward movement towards the next very strong resistance level at $3,334. Looking the other way, we can similarly mark places where the price should encounter support. And here, first of all, it is worth determining the support at the level of $2021, which was previously an effective resistance for the price, but then we have a very strong support zone from $1,592 to $1,281, where we could observe reflections in both directions. When we turn on EMA Cross 10 and 30, we will see that the red line EMA Cross 10 has returned below the green EMA Cross 30, which confirms the return and continuation of the downward trend. On the RSI indicator, you can determine a downtrend line from which the indicator effectively bounces. However, on the STOCH indicator, there is still room for a potential upward movement, but it is also visible that the current movement resulted in a slight price increase on the chart.
by cryptodailyuk
BTC Short-Term 1HHello everyone, let's take a look at the BTC to USDT chart on a one hour time frame. As you can see, the price dynamically returned to the downward trend lines. After unfolding the Fib Retracment saitka, you can see that the price has returned to the strong support zone from $42,517 to $42,227. Looking the other way, you can see resistance at $42,940, and then a significant zone from $43,355 to $43,571. The RSI indicator still shows room for a downward move, similarly to the STOCH indicator, but it is approaching the lower limit, which could have resulted in a slowdown in the decline.
by cryptodailyuk
ETH/USDT Short-Term 1HIntervalPlease see the ETH chart on a one-hour interval. As you can see, the price remains below the downtrend line. After unfolding the Fib Retracement grid, you can see the support zone from $2,259 to $2,239, followed by strong support around $2,183. Looking the other way, we will mark the resistance zone from $2,298 to $2,333, and then the resistance at $2,391. The RSI shows how the indicator has rebounded from the downward trend line, with room for a larger decline, while the STOCh indicator still has energy for a downward move.
by cryptodailyuk
1
The Unstoppable Rise of Snapchat #BullishReady to ride the SNAP wave? NYSE:SNAP NYSE:SNAP broke through the $14 resistance level, and we're now targeting the next major price level at $26. One of the main drivers of Snapchat's bullish momentum is its impressive user growth. The platform has managed to engage a vast audience, particularly among the 13-34 age group, which is highly sought after by advertisers. This has led to a surge in revenue, with Snapchat's advertising business thriving as more brands seek to tap into this lucrative market. Snapchat's unique approach to social media, with its focus on ephemeral content and augmented reality filters, has set it apart from its competitors. This differentiation has allowed the company to carve out a niche for itself and attract a loyal user base that is highly engaged with the platform. Furthermore, Snapchat's recent expansion into new areas, such as gaming and original content, has demonstrated the company's ability to adapt and evolve in an ever-changing digital landscape. This willingness to explore new avenues of growth is a testament to the company's forward-thinking mindset and bodes well for its future prospects. The bullish momentum for Snapchat is driven by a combination of factors, including impressive user growth, innovative features, and a strategic focus on key demographics. As the company continues to expand and evolve, it is well-positioned to capitalize on the growing demand for engaging social media platforms and solidify its position as a leader in the industry. Future looks bright for SNAP Chat. Bullish!
NYSE:SNAPLong
by EgideSimba
2
BTC/USDT 4HInterval ChartHello everyone, let's take a look at the BTC to USDT chart on a four-hour time frame. As you can see, the price is climbing along the local upward trend line. After unfolding the Fib Retracement saitka, we can see support at $41,853, and then we have a strong zone from $39,658 to $38,529. Looking the other way, there is strong resistance at $44,985, but before that the price must break out of the resistance zone from $42,503 to $43,600. The RSI indicator still shows room for a downward move, while the STOCH indicator is approaching the upper limit, which may also translate into a price recovery.
by cryptodailyuk
MKR/USDT 4HInterval Chart ReviewI invite you to review the chart of MKR in pair with USDT, on a four-hour interval. Here, using the blue lines, we will identify a strong downtrend channel where the price is approaching the upper part. Additionally, inside the channel, yellow lines will indicate an additional local downward channel, in which the price is at the upper edge, but this may limit the increase. Now let's move on to defining the supports. And here, after unfolding the Fib Retracement grid, you can see how the price is maintained in the support zone from $1972 to $1924, then there is support at the price of $1862, but if we go lower, the next very strong support is around the price of $1684. Looking the other way, we can similarly determine the resistance areas that the price must face. And here you can see how the zone from $2012 to $2065 stops the upward movements, then when we go above it and from the falling channel, we have resistance at the level of $2150, and then at the current peak at the price of $2287. Looking at the RSI indicator, you can see how there is a fight to come out on top from the downtrend line. However, on the STOCH indicator, we are very close to the upper limit, which may translate into an upcoming price recovery.
by cryptodailyuk
BTC/USDT 1DInterval Chart Long-TermHello everyone, I invite you to check the current situation on BTC in the USDT pair, taking into account the One Day interval. First, we will use blue lines to mark the main channel of the upward trend, from which the price tried to exit at the bottom, but we can see a quick return to the channel. Then we can similarly determine the second channel that is starting to form, with a downward trend. And here we can mark a lower peak, then a lower bottom, and currently we can see that a slightly but higher peak has formed, in this situation it is worth watching whether we will see the formation of a higher bottom, which could result in a strong price rebound again. In such a situation, we will unfold the Fib Retracement sait to check in which places we can expect possible support. And here we see support at the level of $41,829, then we have support at the level of $40,582, and then again we should keep in mind the zone from $39,680 to $38,553. When we turn on the EMA Cross 10 and 30 indicator, we will see an interesting situation, because we can see how the red line is trying to go up from the green line 30, which would confirm the return to the strong upward trend and result in a further price increase. If such a situation occurs, it is worth knowing that the price is currently testing resistance around 0.382 Fib, and then we can see significant resistance around $45,030, we must also take into account the very strong resistance zone from $46,779 to $49,024, where current price peak. However, here please pay attention to the RSI indicator, which can be used to determine the downward trend line, at which you can see the indicator rebounding again, and you can see that there is room for the continuation of the downward trend. Moreover, when we switch to the STOCH indicator, we will see a movement near the upper limit of the range, with room for a rebound in the price and the indicator, which may translate into a downward move or a temporary sideways trend.
by cryptodailyuk
ETH Short-Term 1HIntervalHello everyone, let's look at the ETH to USDT chart on an hourly basis, as you can see we are staying on a local uptrend line. After unfolding the trend based fib extension saitka, you can see how the price remains above the resistance, and the next significant resistance is at $2,353. Looking the other way, we see support at $2,281, and then we have a support zone from $2,235 to $2,210. The RSI shows a sideways move, with room for movement in both directions, while the STOCH indicator indicates a decline with room for the price to go lower.
by cryptodailyuk
1
BTC/USDT 1HInterval ChartHello everyone, let's take a look at the BTC to USDT chart on an hourly basis, as you can see we are staying above the local upward trend line. After unfolding the trend based fib extension, you can see support at the level of $42,443, and then you can see the zone from $42,001 to $41,679. Looking the other way, you can see the price struggling with the resistance zone from $42,977 to $43,275, and then resistance at $44,139. There is room for growth on the RSI, but the STOCH indicator is moving at the upper limit, which may translate into a rebound.
by cryptodailyuk
1