Pump
LLY, LILLY IS THIS STOCK PRICE SILLY?I hope you appreciated my rhyme.
So what to say about this.
One main trend line at the moment.
Big support incoming at 580 to 560 range.
Really big support at 108.
The lines in the middle (light green and red) are fairly weak and more likely short term targets.
I assume the long term targets will line up well with the gaps which are marked in orange.
Orange also on RSI, which is saying be careful.
Short term can take it up to 980 or so but I think the lower targets are more likely and we'll see the higher targets after trend breaks and before it starts to really drop.
However, there are a lot of possibilities that can occur.
The main possibility looks to be a chance of a move to 980, but more likely won't get there and might stick around 780.
I really have a hard time saying what this will do and when it will top out, I could tell you more if I watched this daily, but I don't.
This chart is long term price targets for the downside and the upside.
Given the single trend, you'll need a new chart as more develop, feel free to message if I haven't updated after some time.
I think that covers most everything.
Summary.
I think this stock is overvalued big time, but still has potential to keep seeing more upside in the short and mid term.
Just bought into MATIC during the dip for my long-term portfolioJust bought into Matic during the dip for my long-term spot portfolio. Excited to see where this gem takes us! 💎
Analyzing MATIC: Identifying Long-Term Entry Points at $0.75As a quantitative analyst and algorithmic trader, I am currently crafting a spot portfolio aimed at achieving over 100% profit in the crypto market.
My algorithmic trading approach operates within a cloud-based system featuring two distinct edges tailored to capture different market trends: the medium-term edge, situated closer to the current market price, and the long-term edge, positioned further away.
When the medium-term edge surpasses the long-term one, signaling an upward trend, the cloud indicator shifts to green. Conversely, if the medium-term trend falls below the long-term one, indicating a downward trend, the cloud transitions to yellow.
According to my personal strategy, targeting the sharp edges of the cloud presents favorable retracement opportunities, prompting me to become a long-term Metic buyer at these points.
Please be advised that any market analysis presented herein is solely for informational purposes and should not be interpreted as financial advice or a trading signal.
📈TON Coin: Riding the Telegram Wave to Potential Gains🚀🔍Today, we delve into Telegram Coin, or TON, following our successful previous analysis that led to a remarkable 140% profit on our initial entry.
💥The price continues its upward trajectory with significant momentum, while the RSI indicator signals overbought conditions, nearing 89.92, often indicating an impending correction. There's a possibility of entering a long-term range-bound phase.
✨Analyzing the pivot points, we've reached the yearly R4 level, which could act as a resistance. However, if the price consolidates above R4, it could potentially double in distance from the midline to R4, setting a target at $15.
💎Furthermore, considering Fibonacci extensions, the crucial level of 2.618 aligns with the pivot-derived level, suggesting it as a significant target.
💸For those who bought the coin at lower levels, it's advisable to hold off on profit-taking for now. Monitoring Bitcoin's reaction to the upcoming halving event could provide valuable market insights. However, if you choose to secure profits, consider withdrawing your initial investment and letting the remaining profit ride, given the coin's high growth potential.
📊The trading volume has surged significantly, indicating robust market activity without any apparent signs of weakness.
🚨As for entry points for new buyers, it's prudent to exercise patience and avoid FOMO. Wait for the market to either consolidate or undergo a corrective phase before considering entry based on your established strategy.
🧠💼It's important to acknowledge the inherent risks in futures trading, with the potential for margin calls if risk management is neglected. Always adhere to strict capital management principles and utilize stop-loss orders, ensuring that the initial target offers a risk-to-reward ratio of 2
Compound | COMPCOMP Rallies Over 100% After CEO Quits !
Robert Leshner, the well-known creator of the DeFi lending platform Compound Finance, has resigned from his position as the CEO of the DeFi lending protocol.
Leshner recently announced his plan to launch Superstate Trust, a new business venture. The creation of a short-term government bond fund is the goal of this endeavor. Notably, Superstate Trust has already raised $4 million in startup money from a variety of DeFi investors.
Compound (COMP), the native token of Compound Finance, is still on the rise despite Leshner’s resignation. COMP, which is currently trading at $55.87, has experienced a spectacular rise in value of 22.47% over the last two days.
Compound Finance has $2 billion in assets and that its governance token COMP has increased by over 100% in the last week.
Significant digital assets including Bitcoin, Ethereum, and the S&P 500 have all increased by less than 3% during that time period.
This outstanding performance demonstrates Compound’s robustness and adaptability in the face of organizational changes and reflects increased investor trust in the token’s potential.
Compound supporters believe that recent significant cryptocurrency ownership outflows by important market participants are clear signs that the price of Compound (COMP) will continue to rise.
These backers are optimistic that Compound and its chances for future growth are looking good thanks to the withdrawals made by crypto whales, who own substantial sums of digital assets.
Bullish investors predict Compound may even surpass the remarkable valuation of about $80 in the upcoming weeks as a result. This upbeat attitude is based on the idea that these powerful players’ withdrawal activities reveal their trust and confidence in Compound’s long-term potential, acting as a catalyst for the stock’s upward trend.
The Superstate assets will have the chance to be represented on the Ethereum blockchain, claims a prospectus filed with the Securities and Exchange Commission. The prospectus stressed the use of blockchain technology and the advantages of “operational efficiencies” that come with it.
On the Ethereum blockchain, Compound is a protocol for an algorithmic money market. In particular, the current DeFi craze is ascribed to this network for initiating it.
In the middle of the summer of 2020, Compound was the first platform to introduce yield farming to the market. In many ways, yield farming is comparable to staking cryptocurrency.
Leshner established one of DeFi’s earliest protocols to draw substantial asset contributions. Compound and a few other protocols, including MakerDAO, were among the first to demonstrate that blockchains might be used for purposes more than just transferring tokens.
The DeFi Summer liquidity mining boom began with COMP’s introduction in June 2020.
Meanwhile, rumors spreading across social media that COMP holders would get some form of airdrop from Superstate provide a potential reason for the price movement of COMP.
However, there has been no formal statement from Superstate stating that COMP will participate in the activities of the new company.
MKR | MAKER made itIn an impressive display of bullish momentum, Maker has witnessed a substantial gain attracting much of the market attention.the price of Maker aka MKR is 1,027 today with a 24hour trading volume of 100 million dollar. This represents a 11% price increase in the last 24 hours and a 50% price increase in the past 7 days.
Maker manged to break its downtrend at 800$ (red line) and now bulls are in control
most indicators are bullish and its 30% up since our first mkr analysis
next targets are 1030, 1040 and 1050
Alchemy Pay / ACH & Google2023, what a year to be a crypto trader
Leading fiat-crypto payment gateway Alchemy Pay has announced its support for Google Pay, allowing Android phone users to purchase crypto directly with their bank cards.
following the announcement, Alchemy Pay’s native token ( ACH ) surged up to a local high of $0.04 — recording a 66% gain in the last 24 hours. ACH has sustained an uptrend in recent times, recording a 180% gain in the 7day time frame and a cumulative of 300% over the last 30 days and the daily volume just passed half a billion dollar. Alchemy Pay had earlier inched support for Apple Pay, hence the support for Google Pay will allow iOS and Android phone users to easily purchase crypto via the app with their bank cards.
On Google Pay, Alchemy Pay will provide support for purchasing crypto using the following fiat currencies: USD, EUR, KRW , SGD, AUD, TWD , TRY, CAD, JPY, AED, NZD, and HKD .
Beyond Google Pay and Apple Pay, Alchemy Pay also supports payments in Mastercard and Visa across 173 countries
I personally managed to buy at 0.022 after getting a confirmation out of weekly candles and took good profit at 0.044$
Rmrk usdtRmrk usdt
Daily analysis
2 bottom pattern and green uptrend give me a long setup
Risk rewards ratio >2.5
RUNE - Good Potential LONG trade#RUNE/USDT #Analysis
Description
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+ RUNE has unmistakably breached the resistance and is currently consolidating within a defined range.
+ The successful retest of the price reinforces the bullish sentiment, indicating a potential continuation of the upward trend.
+ With this in mind, I anticipate further price appreciation and am initiating a long trade with a risk allocation of 2% of the capital.
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VectorAlgo Trade Details
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Entry Price: 9.05
Stop Loss: 6.75
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Target 1: 10.5
Target 2: 13.6
Target 3: 16.5
Target 4: 19.6
Target 5: 25.5
Target 6: 31.0
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Timeframe: 1D
Capital Risk: 1-2% of trading capital
Leverage: 5-10x
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Enhance, Trade, Grow
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Feel free to share your thoughts and insights.
Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
XLM/USDT - Breakout of the year | Few more days left BINANCE:XLMUSDT (1D CHART) Technical Analysis Update
XLM is currently trading at $0.1356 and showing overall bullish sentiment
the price is currently around the resistance zone and the price was rejected around this resistance level 4 times in the past. This resistance level is very critical for the price to move above the resistance level. If the breaks the resistance then we can see a sudden pump in the price similar to the past.
Entry level: $ 0.1383 (After the breakout)
Stop Loss Level: $ 0.1221
TakeProfit 1: $ 0.1451
TakeProfit 2: $ 0.1531
TakeProfit 3: $ 0.1629
TakeProfit 4: $ 0.1753
TakeProfit 5: $ 0.1979
Max Leverage: 5x
Don't forget to keep stop loss.
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Cheers
GreenCrypto
CAPCOM CO.CAPCOM Stock Soars to All Time High After RE4 Remake Is the Latest in a Seemingly Unending String of Success
CAPCOM shares opened at 4,780 today and have now slightly decreased to 4,840, which is still a 2.22% increase. As you can see from the chart, the Japanese publisher and developer has been mostly on a roll over the past few years, owing to a long string of successful game releases. Around seven years ago, things were much different. In 2016, CAPCOM released the Resident Evil Origins Collection, a rather low-effort compilation of Resident Evil and Resident Evil Zero remasters; Street Fighter V, which was supposed to take the world of fighting games by storm but largely failed due to scarce single player content and poor performance during online multiplayer matches; Umbrella Corps, a generic third-person shooter that even the Resident Evil IP couldn't save from being thoroughly panned by critics and fans alike; and Dead Rising 4, which while decent couldn't save CAPCOM Vancouver from being closed less than two years after its release due to poor sales and the cancellation of the studio's next projects.
The rise of the famed developer began in early 2017 with the release of Resident Evil VII: Biohazard, which is largely credited as the spark that reignited CAPCOM's creativity. The developers took a gamble, moving their prized survival horror IP to a completely different playstyle and setting. For the first time in the series, players didn't take charge of a trained cop or member of the special forces but of an ordinary guy who, while desperately looking for his missing wife, finds himself living a nightmare in a godforsaken, sun-drenched spot in Louisiana. Amping up the horror factor was the choice to abandon the third-person camera in favor of first-person view.
The risk paid off. The game sold well and was hailed as a return to form for the developer, delivering a momentum that even the stumble of Marvel vs. Capcom Infinite couldn't break.Then, in early 2018, CAPCOM found itself an even bigger golden goose with Monster Hunter: World, which over time became the best-selling game ever made by the Japanese studio. Previously only popular in Japan, World made the franchise far more accessible and palatable to Western audiences.
The rest, as they say, is history. Resident Evil 2, Devil May Cry 5, Resident Evil 3, Monster Hunter Rise, Resident Evil Village, and last but certainly not least, the Resident Evil 4 remake that just sold over three million copies in two mere days since its launch.
Looking ahead, Street Fighter 6 is poised to redeem even the legendary fighting franchise, at least according to the preview impressions. On the other hand, the next CAPCOM game may turn out to be less than successful. The Japanese publisher was savvy enough to partially insulate itself from the risk by taking Microsoft's money and putting it on Game Pass from day one, though.
Then again, not every game can be a hit, and investors are clearly bullish on the company's future prospects, which also include a brand new sci-fi IP (Pragmata, originally scheduled for 2022 but later moved to 2023 and possibly due for another delay given the absence of communication) and the long-awaited Dragon's Dogma 2 by Hideaki Itsuno, which could be another megahit in the making for CAPCOM if it adds online co-op play as most fans are hoping for.
SHRAP is a AAA web3 game token on Avalanche. Nuff said. Shrapnel is a AAA web3 FPS building on an Avalanche subnet - Items and characters are NFTs, and they just launched $SHRAP, which will power the whole economy inside the game. They have industry veteran team (some of whom I've had the pleasure of interviewing) and they are based in the US, in Seattle. Oh yeah, and their version of "influencer marketing" is Arthur Hayes regularly shilling the project on twitter. I'm serious.
Since launch, SHRAP has been on an absolute tear. I'm doing some scalp trading, but will also be buying and holding spot because I believe this is just the beginning. The web3 gaming narrative is a strong one this cycle, and with EURONEXT:AVAX pumping to the moon, savvy traders will be buying the most promising projects on that chain. In that sense, SHRAP has both the gaming narrative and the alt L1 meta cycle working in its favor.
As for technicals, it seems to be printing a bull flag after briefly touching the .5 fib but getting bought right back up again. Bullish.
I've been following this project for over a year and all I can say is that I wish I trusted my own alpha. Time to put my money where my conviction is.
happy trades,
CD
r/CryptoCurrency Moons | MOON The price of r/CryptoCurrency Moons is $0.32 today with a 24hour trading volume of 600K $. This represents a 110% price increase in the last 24 hours and a 245% price increase in the past 7 days. With a circulating supply of 110 Million MOON, r/CryptoCurrency Moons is valued at a market cap of 33 million dollar. Kraken also has dropped hints about a potential listing of MOON
but what is Moon? Moons are ERC20 Tokens given as rewards for an individuals contributions to r/CryptoCurrency either via posts or comments etc. They can be freely transferred, tipped and spent in r/CryptoCurrency. Moons are distributed monthly using Reddit Karma as a basis for contributions.
Moons can be traded freely and used for any number of purposes within the community. At this time, they can be used to display reputation within the subreddit, unlock exclusive features like badges and GIFs in comments with a Special Membership, and add weight to votes in polls.
we managed to buy at 0.14 $ after breaking Moon biggest resistance and here we are
if you wonder whats the next crypto gem and how you can be a gem hunter then you can count on our experts, 2023 is the best year to learn and get into crypto, don't miss it
📈Bullish on Shiba: Potential for Strong Rally🚀🔥🔍Today's analysis focuses on Shiba Coin (SHIB) in the daily timeframe, where it has recently experienced a remarkable 417% growth, showcasing its significant potential. SHIB is among the most popular meme coins in the market, boasting a large community of loyal holders.
📈Following such a powerful upward movement, a correction is entirely natural and essential for sustaining a healthy trend. A trend line from the weekly timeframe has been broken, indicating the extent of the 417% movement.
🛒Currently, the price is stabilizing, suggesting that considering spot buying within this range could be prudent. If the price begins to correct, waiting for confirmation candles within the range of 0.000015 to 0.000018 could be a strategic entry point.
💎Alternatively, a scenario where the price finds support upon reaching the SMA25 for its next move is plausible. If the market fails to initiate movement upon reaching the SMA, patience for Fibonacci levels may be necessary.
🚀For futures trading, it's advisable to sideline Shiba Coin and explore other options, considering its tendency for volatile movements and potential for easy liquidation.
🧠💼Just remember, jumping into trades too quickly before the main trigger can be risky. Always manage your money wisely and be aware of the risks involved.
DOGE: Breakout Potential/ Long-Term Investment Considerations
Accumulation Range Breakout:
BINANCE:DOGEUSDT has successfully broken out of its previous accumulation range over the past few weeks.
🐃This breakout confirms a bullish trend reversal and indicates potential for further price appreciation.🐃
🍣Key Resistance Level and Consolidation:
The price has reached a significant resistance level, leading to price consolidation and RSI reset.
A successful breakout above this resistance level could propel the price towards the next weekly resistance at 0.3.
📊Volume and RSI Considerations:
Adequate market volume is crucial to facilitate a breakout above the current resistance level.
RSI approaching the overbought zone would indicate strong momentum and support the bullish case.
📈MID-Term Investment Potential:
Based on higher targets, DOG could be a viable investment option if the overall market trend remains favorable.
However, investors should exercise caution due to the inherent risks associated with cryptocurrency investments.
🔍📉Reversal and Ranging Scenarios:
Rejection at the current resistance level and a breakdown of the RSI trendline could result in a price correction or extended consolidation.
🚫Investors should monitor these factors and adjust their strategies accordingly.
🚫This analysis is for educational purposes only and should not be construed as financial advice. Always conduct your own research and employ sound risk management practices before investing.🚫