TWTRThis is the all time weekly chart of twitter usd. The concept is simple and clear for you all in the chart. I mean whether the yellow circle dots mean, the confirmation of the breakout for long and short.
Now the current scenario is, if we close above the 56 level on weekly timeframe. Then the possibility is, that there will be a new all time high coming for the twiterusd token.
And secondly if the the breakout fail, then we can buy at 46 level and open for long term holding target for twitter usd token.
Manage your own risk accordingly with that
The next important level!The happiness of Dogecoin buyers continues along with the favorable atmosphere of the market!
Dogecoin, which has recently started a significant upward movement with the news of buying Twitter by Elon Musk, has recently attracted new buyers with the tweet of Dogecoin's logo by its new owner.
This situation, along with reducing the pressure on the cryptocurrency market and creating a fluctuating situation, has made good conditions for the growth of DogeCoin, which experienced a 93% drop from its historical peak.
Meanwhile, the Federal Reserve, which is trying to rein in inflation by implementing its strict control policies, is likely to reduce its steps in the November meeting, which, if realized, can further reduce the double pressure on the cryptocurrency market. And this is a reason for investors to become braver.
Further, by examining the chart of this meme coin in the daily time frame, there is a high probability that the price will continue to grow until the next important level of 0.1730-0.1800.
Looking for a replacement for trading Twitter shares?Now that Elon Musk’s buyout of Twitter has been completed, and the company has been taken off the trading market, what comparable stocks can traders look to trade now?
Of course, there are other social media compatriots that traders could turn to, or even other companies of a similar market capitalisation that are in takeover talks and abiding by a similar volatility. A stock that might just fit the bill could be the social media outlier; Pinterest.
Pinterest sometimes likes to position itself as the antithesis of Twitter and Instagram, where users find inspiration rather than encountering toxicity and developing body-image disorders. While I can't speak to the truthfulness of this claim, Pinterest is still categorised as a social media platform and its stock price can be affected by some of the same micro and macroeconomic events that affect this sub-sector. As such, and as illustrated on the chart, Pinterest and Twitter have followed a very similar stock price trajectory. This parallel in stock prices would have been a lot closer if not for Musk’s bid for Twitter at an inflated price in April 2022, and the subsequent court battles that led to him eventually completing the buyout.
Pinterest, like Twitter, may also start fielding takeover bids, hopefully at a chunky premium.
In October 2021, PayPal offered $45 billion for Pinterest, which would have been the costliest acquisition of social media company since Microsoft bough LinkedIn for $26 billion in 2016. The bid would have represented a premium of 24.5% over PINS share price the day before the announcement. However, PayPal reneged its bid shortly after offering it when investor sentiment proved to be against the deal, and PayPal tanked ~12.0% in the three days after revealing an offer had been made.
As of November 2022, the value of Pinterest has slipped to $16.5 billion and may be a more attractive prices for other suitors to come calling, especially if the value that PayPal’s board saw in Pinterest (and that Paypal’s investors overlooked) has been retained. Perhaps suggesting this is true was Pinterest's third-quarter earnings report in the final week of October 2022. Pinterest reported that its third-quarter revenue increased 8% year-over-year to $685 million. Pinterest shares have surged ~11% in the last five trading days.
What make this remarkable is when you compare it to other social media and tech stocks, particularly Facebook which is down ~29%, and Alphabet (which owns YouTube) which is down ~8% since they reported their respective earnings around the same time last week. The latter has even been rumoured to be exploring an acquisition of Pinterest after Alphabet's CEO Sundar Pichai gave a coy response to a question put to him in September about targets the company was considering for takeover.
🔥Elon Musk and Twitter: Meme Lord makes DOGE great againHi firends! Seems like Elon going to buy the Twitter (TWTR). I think that DOGE can become the main crypto payment method inside this social network. Previously, Elon says that he want to introduce a paid subscription for write the comments and other other features if he bought Twitter. This is a huge opportunity for this mem coin and for all traders/investors.
🚩 Elon Musk suggests that the purchase of Twitter will help him accelerate the development of the social network X, and not to create it from zero.
📊 How it affect the DOGE coin?
✅ Technical analysis
DOGE return to the global trendline which I hope will be broken after the 4th test. Three test as the resistance were succesfull and the price fall.
Additionally, you see how many trades were inside the $0.46-0.67 value area. A lot of coins were bought by the big players and of course they want to sell it higher.
✅ Fundamental analysis
In the coming days everything will be clear with the purchase of Twitter. I think that after the final confirmation, Dogecoin will continue its growth despite the rise or fall of the crypto market as a whole.
The possible global targets for DOGE:
🔥$0.127-0.148 - the closest value area
🔥$0.24-0.27
If this coin will be accepted as a payment method, then DOGE can renew its all-time highs at $0.74.
📊 What other benefits can we get from the Elon's purchase?
Binance are also the part of this deal along with Mr. Musk. I think they will respond for the crypto part of the Twitter.
So in this case pay your attention on BNB. This is the real case when binance smart contracts can beat Ethereum. Maybe BNB overtake ETH by it's capitalization, if everything happen as I expect.
✅ My latest local idea on BTC are still in play. +12% profit in the 2 days! Congrats to everyone who follow this idea.
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
⚜️ EUR/USD : NEW Week TA : 10.30.22 ⚜️In this chart, the possible trends with high accuracy examined and various support and resistance zones have been identified on the chart !
Follow me for more analysis & Feel free to ask any questions you have, I'm here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 10.30.2022
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
⚜️ GBP/USD : NEW Week TA : 10.30.22 ⚜️In this chart, the possible trends with high accuracy examined and various support and resistance zones have been identified on the chart !
Follow me for more analysis & Feel free to ask any questions you have, I'm here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 10.30.2022
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
TWITTER INC.Sunday, 30 October 2022
14:50 PM (WIB)
Kindly interesting to see the Drama of Twitter Inc and Mr. Elon Musk with the Boring Company. I'm trying to recognize it from the chart and found a fabulous huge double-ground formation.
Seems Twitter has been set for a long-term bullish journey for more than 5 to 10 years from now. Sound so Fantastic! Is it will be a dream in the middle of noon? I guess not.
Spending $44 Million is not something kind of joke, isn't it?
DOGE Reacts to Twitter Acquisition News - Is It Sustainable?Dogecoin had a very good week this week, probably in reaction to the news of the Twitter acquisition that happened as of today.
It's still too early to tell, but some reasons to exercise caution regarding the company, especially given its new owner's past history. As we head into a recession, what worked previously may not work now.
Also forgot to mention that Jack Dorsey started a new social media company Bluesky, which may directly compete with the idea of social media Web3. Can the Web2 moguls from an earlier era migrate successfully to Web3? Time will tell.
⚜️ GBP/USD : NEW TA : 10.28.22 ⚜️ In this chart, the possible trends with high accuracy examined and various support and resistance zones have been identified on the chart !
Follow me for more analysis & Feel free to ask any questions you have, I'm here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 10.28.2022
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
#ELON #TWITTER / #DOGE PUMP!With Twitter being delisted form the stock exchange (as it no now privately owned by ELON)
How does he begin to monetise the platform ??
Doge could be an avenue by which he does so.
Doge traditionally has been used to gain BTC via its insane pumps.
What's interesting is it how it has gained market share of the years, and held onto those gains even being down 90%
The slanted W pattern may play out again...
GBPUSDGBPUSD:
According to monthly timeframe, market is oversold. Market has been at its lowest dated back to 85'. September candle closed with wick rejection bullish (doji candle). market has potential retest of monthly support becoming resistance. Due to the above I therefore believe the market may need a correction before a potential run bearish again.
Daily timeframe shows strong bearish trend. Support at bottom blue level, and resistance at top blue level. We are still within a daily ABCD Fibonacci sequence bearish. A break below daily trendline support in September thereafter the market made a huge pullback to 61.8% retracement level. Potential Gartley sequence forming should the market find support at bottom blue level where we can expect the market to begin a rally towards the top blue level for resistance and then continuation bearish for future daily low and future daily fibonacci target. If dollar strength continues one can expect the continuation to play out, if dollar losses strength we can expect a new bullish trend for the longer term. If the market breaks above resistance trendline and does not form the "D" gartley at this level I'll step back and not expect the bearish continuation until further analysis.
Of course this is a long term setup, so this could take weeks/ months/ years. But the important thing is getting direction right which will give a trader an edge on the market and to deploy their selling or buying strategy.
#Successformula
Conservatorship MarsArticle
Free Britney! Er… I mean shackle SpaceX? It'd be difficult to find someone who hasn't heard about Pop Star Spears' unjust conservatorship granting her father total control of her life. However, finding someone who knows that companies can be put under conservatorships would be quite rare. Many would know of the two biggest companies that were put under federal conservatorship not more than 14 years ago. In the middle of the Great Financial Crisis, in late 2008, Fannie Mae and Freddie Mac were put under conservatorship. Their CEO and executive board immediately dissolved, and a government appointed administration took control. Just a few months before, a small bank was put under conservatorship to peel their healthy assets away from the toxic ones - IndyMac bank.
There is a Conservatorship, where the company is taken under control with temporary management to clean house until the company can be more privately handled. IndyMac Federal Bank (the conservatorship name of IndyMac) just ended theirs' with the sale to OneWest Bank, a division of First Citizens Bank. Fannie Mae and Freddie Mac's continues, likely indefinitely. And then there is a Receivership, where the company is taken under control with the explicit purpose of selling assets or closing the business entirely. It is likely this distinction becomes important as financial strains continue to develop in banking institutions, fixed income funds, and insurance groups.
Conservatorships happen all the time. Well, more frequently than most might guess. The National Credit Union Association has put two credit unions under conservatorship this year (and two more in involuntary liquidation). Last year's tally was four and four, respectively. Yet these are still rare events where most search results yield 2008's Fannie and Freddie as the top and loudest hit. With all the prominent anti-monopoly and pro-competition speak coming from both sides of the aisle, powered by numerous lawsuits across the country against some of the largest tech companies in the world - the word might come back.
There are many possibilities to explain Musk's behaviour over the last few months. The one I'd like to point to is the $1 billion dollar clause preventing him from reneging on a bad deal that has more financial implications than he thought through, a surprise assuredly. Everyone's gotten their enjoyment out of the Chancery court circus of Twitter v. Musk, and we might feast still. Musk's big announcement yesterday (10/20/22) of laying of 75% of Twitter staff is a bit too magnanimous to be taken as anything more than chucking a brick in a house of mirrors. The recession is just setting in, with more downturn left to go. A cut in staff is natural and predictable, 75% in one announcement is an extinction event.
But wait, there's more. If Elon Musk did have private conversations with Vladimir Putin or any official leader of Russia, and form agreements or discuss in of national security level importance details, he might be doing time. No surprise that shortly after Bremmer's story claiming Musk had private talks with Putin about events that might lead to an escalation to nuclear war, using Musk as the primary source, a second story about the FBI investigating the matter broke. Honestly, it's 50-50 whether Elon lied to Bremmer to give himself clout, or he really did talk with Putin. To condense this saga, SpaceX cut the Starlink network over Crimea and Russia's "occupied" territories, before quickly turning it back on with Musk making a twitter-tantrum about not getting paid for the system's use.
Where Elon Musk's behaviour might thwart an image of stability for a corporation, he runs quite a few. While most are little more than fancy, Tesla and SpaceX are becoming systemically important institutions. Elon Musk's purchase of Twitter should have always faced FDIC and DOJ resistance, and my hypothesis is that Musk wants to push that - in conjunction with Twitter's desire to re-neg the deal. Twitter may never get valued at $44 billion again, but Musk is working very hard to paint the picture that Twitter, the company, dies when it's his. Musk may have gone too far this time, even further than a $1 billion contract termination fee.
Conservatorship is the word. Actually, this author thinks "Person" is the word. Technically (the best -ally), it is these Delaware Code words, Delaware being the state of incorporation for all of Musk's companies:
(10) “Person,” except in the term “person who is incapacitated” or “protected person,” means an individual, corporation, business trust, estate, trust, partnership, limited liability company, association, joint venture, public corporation, government or governmental subdivision, agency, or instrumentality, or any other legal or commercial entity. -https://delcode.delaware.gov/title12/c039a/index.html
Musk's personal business should remain personal (at the least I don't want to hear it), where as there is a point where his professional business shouldn't. SpaceX is the most advanced Space Technology company in the world. Starlink is a globe-spanning satellite system rivaling most first-world countries. Tesla is the largest EV company with important technology for electrical grid infrastructure. Twitter is an important nexus of globalized communication. There is a point in time and importance that shenanigans go from too much, to done. The shadow of a mushroom cloud, even if a low probability, is right around that point.
A conservatorship could be as brief as removing Musk as CEO and instilling the President and COO, Gwynne Shotwell, as the acting-CEO. Or the government could take it's time and untangle all the threads that being the Space race ace gives them. While Starlink is a product that fit's SpaceX, massive satellite swarms tend to compete for money and SPACE. Forcing Starlink off SpaceX's books would enable other companies to bid for satellite delivery. This mimics recent Federal government regulations prohibiting internationalization of corporate activities, the same activities that allow tech companies to bubble their sales and assets on the back of accounting loopholes.
Musk might find himself the poster boy for it, but there are quite a few sectors and industries that benefit from conservatorship. Abbott labs made its own case clear on the backs of three dead toddlers from contaminated formula that led to a formula shortage that still hasn't fully resolved. While the media has been kind on the details, the event highlighted years of bribery and corruption by FDA officials monitoring the plant, as well as possible communications that showed an open culture of bribing government officials and ignoring safety issues at the highest levels of the company. In the game of probabilities, a conservatorship is towards the bottom of the deck, but maybe it shouldn't be.
Twitter Deal itself
The joy of this deal was that there were going to be oscillating periods for buying and selling into it. The Musk-Twitter deal is the right mix of stupidity to cause many more problems than anyone expected. First, it is increasingly likely that the US government stops this deal. If that were to happen, it is likely Musk would have to pay the $1 billion termination fee if his actions and behaviours were found to be at fault, i.e. Twitter must prove that the government stopped the deal because Elon Musk's actions. Second, it is increasingly like that Twitter the company wants out of the deal. Twitter doesn't have $1 billion to give to Musk, as they are likely to face steep cuts without the buy - but 75% is a tough thing to wake up to. There will be destruction to the integrity of the company that shows itself several years after lackluster development and growth - similar to Tesla.
I am staying 100% out of the Twitter deal at this point in time, but aggressive speculators may not for much longer.
Twitter ($TWTR) Can Rise Much Higher, Wait For A BreakoutTraders and Investors, Twitter currently is at an important structure zone. If that zone is broken and confirmed, it can rise much higher to the targets shown in the chart.
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Sell the early optimism in Twitter.Twitter - 30d expiry - We look to Sell at 51.88 (stop at 55.11)
We are trading at overbought extremes.
Early optimism is likely to lead to gains although extended attempts higher are expected to fail.
This is curremtly an actively traded stock.
In our opinion this stock is overvalued.
The previous swing high is located at 54.50.
A higher correction is expected.
Our profit targets will be 44.55 and 42.55
Resistance: 52.00 / 54.50 / 56.00
Support: 50.00 / 48.00 / 45.00
Daily chart
Disclaimer – Saxo Bank Group.
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TWITTER - Short position - Overbought at the resistanceLooking at Twitter the chart shows that it´s overbought and is likely to go down.
Following the Bollinger Bands we see the price has touched and moved out of the upper band. Following the RSI 14 we see that the RSI went above 70. So both indicators are indicating a move to the downside.
According to the earning announcement we expect it will be towards the downside as well.
Targets and further details are shown in the chart.
Good luck!