Bitcoin Next Target is Channel TopBitcoin is currently in an Up Trend Continuation after a 0.5 Fibonacci Retracement. The Next Target is Channel Top.
I want to help people Make Profit all over the World throughout my entire life. Additionally, I am eager to Receive Money Worldwide because of my Potential.
Buyopportunity
#QTK, THE BACKTESTING PLATFORM COIN, COULD SURGE 20-30X!QuantCheck (QTK) is a platform designed to enhance cryptocurrency trading strategies by providing users with the ability to simulate past market conditions. It's akin to a tool that allows traders to test their strategies as if they were using a time machine. With a limited supply of just 120.75 million tokens, there's substantial potential for growth. Having utilized the platform myself, I find it immensely beneficial.
The recent launch of the QTK token has sparked my interest, and I see parallels between its potential and that of AITECH. I've made a significant investment in QTK, motivated by both its effective product and promising tokenomics.
As of now, QTK is trading at around $0.65, with an accumulation zone estimated between $0.70 and $0.64. In the short term, over the next 4 to 8 weeks, I anticipate a price target ranging from $2 to $5. Looking ahead to the mid-term, spanning 3 to 6 months, I foresee potential targets of $5 to $12. In the long term, I believe QTK could reach heights of $20 to $30.
I'm optimistic about the future of QTK, considering both its technical aspects and fundamental strengths. Feel free to share your thoughts and analysis in the comments.
DYOR,NFA
#FET MIDTERM TRADE SETUP!Trading Pair: FET/USDT
Trade Type: Midterm
Current coin Status: Breakout this symmetrical triange pattern
Entry Point: The current market price (CMP)
Profit Targets: The profit targets for this trade are between 40% to 60%.
Stop Loss: $2.186
Recommended Leverage: A leverage of 5X is recommended.
Estimated Profit: The estimated profit for this trade is around 60%.
#Crypto
Cup Pattern Formed, wait confirmationNow Cup Pattern formed and wait for the Breakout. Because Breakout is the only confirmation to achieved Cub Target. In stock market commonly formed Cup & handle Pattern.
I want to help people Make Profit all over the World throughout my entire life. Additionally, I am eager to Receive Money form Worldwide because of my Potential.
Downtrend Breakout, So Uptrend Confirmation. Long Term AnalysisThis is Long -Term Analysis to understand the "Upcoming" Market Direction. Now Confirmed the Downtrend has Breakout. So market definitely move into Uptrend. It might temporarily move downside as a Retest of the Trendline. Must follow Trend continuation technic.
I marked 0.5 Fibonacci Retracement. It is Next Target for Short Term Traders.
I want to help people Make Profit all over the World throughout my entire life. Additionally, I am eager to Receive Money form Worldwide because of my Potential.
Jupiter Comeback After Finding Support, Eyes $1.30Since its debut on major exchanges on January 31, 2024, Jupiter (JUPUSDT) has been a token on the move. The Solana-based decentralized exchange aggregator has experienced a rollercoaster ride, with both impressive gains and notable pullbacks.
However, recent price action suggests JUP may be poised for another upswing. After finding support at $0.86 in a recent correction, the token has climbed back to $1.06 , currently facing resistance. A decisive break above this level could propel JUP towards $1.30 .
Symmetrical Triangle Pattern Formed & Target.Wait for the Breakout, as it is Crucial in the Stock Market. Institutions and Professionals often Enter Trades based on PATTERNS & BREAKOUTS. After a Breakout, the Market significant BULLISH Trend.
I want to help people Make Profit all over the World throughout my entire life. Additionally, I am eager to Receive Money Worldwide because of my Potential.
Symmetrical Triangle Pattern Formed & TargetWait for the Breakout, as it is Crucial in the Stock Market. Institutions and Professionals often Enter Trades based on PATTERNS & BREAKOUTS. After a Breakout, the Market significant BULLISH Trend.
I want to help people Make Profit all over the World throughout my entire life. Additionally, I am eager to Receive Money Worldwide because of my Potential.
Gold The price is currently forming a retracement towards the Day's supply zone. There's a chance for a buying retracement from the 4-hour zone, coinciding with the Daily zone. If an acceptable structure forms, with a breakout on a lower timeframe, it's worth attempting to trade it, with a stop loss at 2300 and take profit at previous highs.
Strong Buy Marico cmp 522 Target 550++ in 5-10 trade sessionsMarico Limited is one of India's leading consumer goods companies operating in global beauty and wellness categories. It is present in over 25 countries across emerging markets of Asia and Africa. It nurtures leading brands across categories of hair care, skin care, edible oils, healthy foods, male grooming and fabric care.
Below are all the product categories that the company caters to in the domestic market and the brands of the company :
1. Coconut Oil - Parachute, Nihar Naturals.
2. Super-premium Refined edible oils - Saffola.
3. Value added hair oils - Parachute advansed, Nihar naturals, Hair & Care.
4. Healthy foods - Saffola oats, Coco Soul. Coconut oil, Saffola FITTIFY Gourmet Range.
5. Premium Hair Nourishment - Livon Serums, Hair & Care.
6. Male Grooming & Styling - Set Wet, Beardo, Parachute.
7. Skin Care - Kaya Youth, Parachute advansed.
8. Hygiene - Mediker, Veggie Clean
Market Share
Market share of company’s leading brands as of Q1FY22 were as follows:
Coconut Oils, MS: 62%, Rank: 1 st
Parachute Rigids, MS: 52%, Rank: 1 st
Saffola – Super Premium ROCP, MS:, Rank: 82% 1 st
Saffola Oats, MS: 39%, Rank: 2 nd
Saffola Masala Oats - Flavored Oats, MS: 94%, Rank: 1 st
Value Added Hair Oils, MS: 37%, Rank: 1st
Post wash Leave-on Serums, MS: 63%, Rank: 1st
Hair Gels/Waxes/Creams, MS: 58%, Rank: 1st
Revenue Breakup FY22
In FY22, ~77% of the total consolidated revenues were generated from domestic business. In the domestic market, coconut oils accounted for 40% of the total revenues followed by refined oils 25%, value added hair oils 21%, Personal care products (male grooming, skin care) ~5%.
Distribution Network
The company has a pan-India distribution network with a reach of 5.6 million outlets out of a total of ~12 million outlets in India. In FY22, Modern Trade and e-commerce contributed to 14% and 9% of the domestic business respectively.
International Business
In FY22, ~23% of the total consolidated revenues were generated from international business. Top export countries are Bangladesh (51% % of export revenues), followed by South East Asia (23%) , Middle East (13 %), and South Africa (7%). The international business portfolio includes brands such as Parachute, HairCode, Mediker SafeLife, Fiancee, caivil, Hercules, Black Chic, Code 10, Ingwe, X-Men, Sedure, Thuan Phat and Isoplus.
Capex
In FY22, co. incurred 132 Crore Capital expenditure for capacity expansion and maintenance of existing manufacturing facilities.
Marico is undertaking strategic investments to accelerate its digital transformation journey through building scalable digital-first brands, either organically or inorganically.
Market Cap ₹ 67,791 Cr
Stock P/E 46.3
ROCE 41.9 %
Dividend Yield 0.86 %
Currently PE is 46 as compared to Median PE of 50 and with such high ROCE and more than 3/4% of dividend yield, this stock is looking for a strong momentum looking at the way Marico is strategically increasing its business. Technically, it seems that price structure has changed on hourly chart and it seems to be bottom out as it has done time and price wise correction. At current market price(CMP) of 522, this is best rate to enter for quick target of 550 and 580 in a 5-10 trading session.
SHOP Shopify Options Ahead of EarningsIf you haven`t exit SHOP when the selloff started:
Then analyzing the options chain and the chart patterns of SHOP Shopify prior to the earnings report this week,
I would consider purchasing the 78usd strike price Calls with
an expiration date of 2024-5-10,
for a premium of approximately $3.75.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
#ONDO IS FORMING THIS BULLISH PENNANT PATTERN!#ONDO/USDT TRADE SETUP
ONDO is forming a bullish pennant pattern, indicating a potential breakout and subsequent rally. We anticipate a significant bounce of up to 70% to 100% following the breakout of this pattern.
Remember to conduct thorough research before making any trading decisions.
NFA
#DYM/USDT TREAD SETUP#DYM / USDT TREAD SETUP
In the 4-hour time frame, DYM has broken out of this falling wedge pattern and is currently bouncing after retesting this pattern. we can also see bullish divergences in the RSI.
Entry: Current Market Price (CMP) and add more up to $3.22
Target: According to the pattern, we can expect up to a 70% to 100% bounce in the price.
SL- $2.9
Remember to do your own research.
NFA
#Crypto
#QTK Testing Platform Coin Set to Surge 20–30x in Bull Market!🟢QuantCheck (QTK) is a platform made for testing cryptocurrency trading strategies. It helps traders and investors improve their approaches by letting them see how their strategies would have performed in the past. Think of it like a time machine for trades. With just 120.75 million tokens available, it has the potential to grow a lot. I've been using it and find it really helpful. They recently launched their token, and I believe it could be as big as AITECH.
I've invested a good amount in it because the product works well and the tokenomics look promising.
Current Price: Approximately $0.7
Accumulation Zone: $0.70 to $0.75
Short-term Target (4 to 8 weeks): $2 to $5
Mid-term Targets (3 to 6 months): $5 to $12
Long-term Target: $20 to $30
What do you think about the future of QTK? Please share your technical and fundamental analysis insights in the comments below.
IOTA/USDT BREAKOUT! READY FOR A PUMP🚀In the 4-hour time frame, IOST has broken out of this falling wedge pattern and is currently bouncing after retesting this pattern. If we look at it on a higher time frame like daily, we can see bullish divergences in the RSI. This seems like a solid choice. Its strong tokenomics and competent team make it a promising asset. The chart indicates the potential for significant growth in the next few weeks.
Entry: Current Market Price (CMP) and add more up to $0.22
Target: According to the pattern, we can expect up to a 50% to 70% bounce in the price.
Remember to do your own research.
NFA
#Crypto FWB:IOTA
BTCUSD SELL / BUY ...!?? What the Next
#BTC/USDT ANALYSIS
BTC has pumped from the support trendline of the descending channel and is currently encountering resistance at the trendline, coinciding with the MA 50 acting as a barrier.
The MACD crossover indicates bullish momentum. A decisive breakout above the channel would confirm bullish move, whereas a rejection could signal continued movement within the channel.
#MANGLMCEMPositive factors
Improving scale of operation leading to increase in total operating income (to greater than ₹2,000 crore) and profitability
(profit before interest, lease rentals, depreciation and tax (PBILDT) margin greater than 18%) on a sustained basis
Improving capital structure (overall gearing less than 0.5x) and debt protection metrics (PBILDT interest coverage greater
than 5.0x) on a sustained basis
Negative factors
Lower-than-envisaged profitability leading to decline in PBILDT interest coverage going below 2.00x on sustained basis
Large-scale debt-funded capital expenditure (capex) leading to deteriorating capital structure
#NEAR looks promising for the long term!NEAR is forming this huge bull flag.
For the long term, this seems like a solid choice. Its strong tokenomics and competent team make it a promising asset. The chart indicates the potential for significant growth in the next few weeks.
It may drop to $4.3 support, which is a very strong support, but there is one more support at $5.
So consider adding more if it drops below $5 to $4.3.
Remember to do your own research.
NFA