Ocean merger with Fet and Agix offers opportunityOCEAN, FET and AGIX look to be migrating to ASI
This is a very interesting move as we see the market began a wave of M&A. It is important to keep an eye on these developments and can be a sign of industry about to send it higher.
OCEAN opportunity
With OCEAN being on OP it offers a low cost gas fee to buy into. It looks like it will have the lowest conversion rate of 1 OCEAN = 0.433226 ASI while 1 AGIX = 0.433350 ASI and 1 FET = 1 ASI. This is quite fair considering current prices.
This merger could lead to be a bit of volatility
Must be careful of the swings created by this expectations and speculations. While migration may offer an opportunity for OCEAN holders there is also significant risk. Ideally, ASI will be better placed come bull market but can be safest to wait for ideal entries to reduce risk.
AI
$ITX looks clearly bullish chart! Its very interesting how fibonacci retracement give us a support zone which 0.618 stand always as the strongest support area... some times it can touch 702 but there is a great support that can handle the BME:ITX for the next wave.
Be Ready for another big bounce on $ITX.
#NASDAQ vs #DJIA has only been lower on the RSI 3 times! I wager #TECH is still the place to earn better gains going forward.
It also doesn't carry the risk of #Financials
and it is not dragged down by slow growth "stable" companies like utilities.
Bleeding edge has always been the place to grow your money
and with #AI manifesting itself for the next wave of user growth along with #CRYPTO
you need exsposure to network effects investments.
$TSLA Right at Resistance.NASDAQ:TSLA I had an alert set on the Area of Resistance Line on this chart. It triggered this morning and I have taken a ½ size position in anticipation of that becoming support. I do not know if it will play out that way so I have a stop under the 50 DMA (red) which would a 4% position risk. Should it move up and over the resistance area I will look to add. All TBD.
The chart I am using is the All-In-One LevelUp tool available here on TV. Check it out.
Ideas, not investing / trading advice. Comments always welcome. Thanks for looking.
LOW CAP GEMS - DIMITRA (DMTR)In this series I will be breaking down and analysing projects that are <$100m in market capitalisation (at time of post).
- PROJECT OVERVIEW
Dimitra Incorporated is a global Agtech company with a mission to help smallholder farmers across the world. Operating on the Ethereum blockchain, the name derives from Demeter, the Greek Goddess of the harvest and agriculture. Dimitra works with governments, government agencies, NGOs, and for-profit organizations. The Dimitra platform is built on blockchain technology and incorporates mobile technology, machine learning, IoT devices, satellite and drone imagery, genomics, and advanced farming research. Through our data driven approach, Dimitra helps farmers increase yields, reduces expenses, and mitigates risk. Dimitra believes that every smallholder farmer, regardless of economic standing, should benefit from simple, beautiful, and useful technology. With 100K+ users currently and growing it's the largest cryptocurrency to deal with agriculture of it's kind.
- ROADMAP
Dimitra has ambitious and impactful goals. The goal is to grow our platform to 100 million smallholder farmer users within the next 4-years. They already have agreements in place with 8 countries but there is a long way to go to reach their goal.
- TEAM
Dimitra has 123 team members in total including CEO and Founder Jon Trask. He is the winner of the 2023 Government Blockchain Association Annual Achievement Award in the “Social Impact” Category!
- PARTNERSHIPS
Global projects operating in 14+ countries with partners in 68 countries.
In terms of exhange listings they are partnered with one tier-1 exchange in Kucoin, as well as Gate.IO, BitMart, Bittrex, Uniswap and more. However, they are not listed on Binance or Coinbase, once this does happen it will open up the opportunity for a much larger population of potential buyers.
- PRICE TARGETS
It's easy for people to throw outlandish price targets out there in the world of crypto without much reference to how they got to that conclusion. I prefer to compare Market Caps in order to derive token prices.
Looking back at the previous Bullrun, alts hit very high MarketCaps before falling back to 'fair value'. For this I'll use current MCap and Bullrun MCap for a guide, DMTR is currently #484' on MCap:
- Oraichain (ORAI) #343
Price target: $0.35 (2.1x)
- PAAL AI (PAAL) #226
Price target: $0.49 (x2.95)
-Ocean protocol (OCEAN) #135
Price target: $1.05 (x6.24)
- Fetch.ai (FET) #51
Price target: $4.43 (x26.33)
- Cardano (ADA) #10
Price target: $33.74 (x197.65)
I've used other AI projects and a top 10 crypto to show how DMTR could move up the leaderboard and what that would mean for token price.
- SUMMARY
Dimitra is an exciting project with genuine real world value, aiming to tackle a very important problem we have on this planet and that's providing Food to the increasing population of earth. The tokenomics could be better as there is only 41% circulating supply, however with a growing interest by large entities such as BlackRock for RWA's and AI projects we could see a considerable investment in a project like DMTR in the future. Having broken out of a multiyear accumulation phase recently I think DMTR will be a very strong performer
- RATING
8/10
- SOURCES/b]
dimitra.io
coinmarketcap.com
marketcapof.com
Adobe, a beast hiding in plain sight! Adobe Inc. (ADBE) on the 1-hour chart illustrates a recent decline from a swing high, followed by a recovery forming a harmonic pattern labeled with points A, B, C, D, and E.
Key Fibonacci retracement levels are highlighted, including the 0.618 level at 455.67 and the 0.5 level at 451.53, along with Fibonacci extension levels at 1 (469.07) and 1.23 (477.14).
The chart features a Volume Weighted Average Price (VWAP) line from the previous month's swing high, which may act as a dynamic resistance around the 469.07 level.
Volume analysis reveals lower recent activity compared to previous spikes, indicating a possible consolidation phase.
The RSI (Relative Strength Index) currently reads around 53.78, suggesting neutral to slightly bullish momentum. Key support levels are identified at 433.97, with resistance levels at 469.07 and 477.14.
The harmonic pattern suggests a potential bullish scenario if the price moves beyond 469.07 towards 477.14, while the downside risk includes a possible drop to support levels at 455.67 or 451.53 if the price fails to sustain current levels.
NVDA Targets ExplainedLets be honest, NVDA rules the AI, Tech, and computing world. There is no reason to bet against it.
This analysis will be simple. After another bullish push to the upside, there is a buying imbalance above the volume profile. The best price action would be for it to retrace (pull-back) to $1,160, to backtest the Value Area High and sweep the liquidity below the local lows before moving higher. The next biggest area it can retrace to before moving higher would be $1,140.00, the Point of control which is the area the most volume is traded based on the FRVP pull.
Lets see how this plays out.
Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade.
Every day the charts provide new information. You have to adjust or get REKT.
Love it or hate it, hit that thumbs up and share your thoughts below!
This is not financial advice. This is for educational purposes only.
AI ANALYSIS (4H)From where we put a green arrow on the chart, a bullish diametric is formed.
We now appear to be in the middle of wave E.
Wave E of this diametric is a bullish wave.
If the price returns to the green range, we will look for buy/long positions
The targets are clear on the chart.
Closing a daily candle below the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
CCLD CareCloud an IT/AI pennystock rising LONGCCLD is shown on a daily chart with the only indicator being a volume profile. Horizontal lines
are drawn from some prominent pivots. As a microcap CCLD has more volatility than the big
name IT/AI stock. It also has upside as it is currently priced at 15% of the all time highs in 2021.
The initial target is 3.5 based on the low volume consolidations of the whole year of 2019
and May 22 to May 23. A higher target is 7.0 which corresponds to a volume void to be filled.
This is a risky but potentially highly rewarding long trade. Buying when price has risen from
extremely oversold into the high volume area of the long-ranged volume profile helps diminish
that risk.
#NMRUSDT #4h (OKX Futures) Ascending trendline breakdownNumeraire lost 50MA support, going down for 200MA seems quite probable next.
⚡️⚡️ #NMR/USDT ⚡️⚡️
Exchanges: OKX Futures
Signal Type: Regular (Short)
Leverage: Isolated (5.0X)
Amount: 5.1%
Current Price:
28.77
Entry Targets:
1) 28.96
Take-Profit Targets:
1) 26.68
Stop Targets:
1) 30.1
Published By: @Zblaba
NYSE:NMR OKX:NMRUSDT.P #Numeraire #AI #BigData numer.ai
Risk/Reward= 1:2.0
Expected Profit= +39.4%
Possible Loss= -19.7%
Estimated Gaintime= 1 week
$BOTZ Robotics and A.I. ETF – Double Top or Shakeout?Looking at this weekly chart NASDAQ:BOTZ has made a series of higher highs and higher lows, the definition of an uptrend. It did, however, fail to make a higher high in the last few weeks. The question is, is this an indication of a double top and ready for more downside or is it just a shakeout waiting to resume the uptrend? I do not know the answer.
I do like that it has been pulling back on light volume (no rush for the doors) and it just finished a 3 Weeks-Tight pattern. (If you look at the chart these are automatically calculated by the charting tool I am using and are marked with a white bar.) Looking back, you can see not all 3 Weeks-Tight lead to an uptrend. However, most of them do, so that is an edge, not a guarantee.
I do not like shorting stocks, so I look for edges to go long. It seems to me that continuing the uptrend is the path of least resistance. I have set an alert at $31.02 which was Friday, May 31 high that went just over Thursday, May 30 high of 30.99. This is a weekly chart so you cannot see those candles, if you look you will see that Friday’s candle looks to be a price rejection to the downside.
Should my alert trigger, I will look to go long with a stop just under Friday’s low of 30.35. And as always situational awareness is important to any trade.
The chart I am using is the All-In-One LevelUp tool available here on TV. Check it out.
Ideas, not investing / trading advice. Comments always welcome. Thanks for looking.
Short squeezes are happening!Discussing some potential short squeeze candidates.
Some of these names have already bolstered huge gains and looking to potentially squeeze higher if price action holds firm.
All of these names need to be monitored in the near term for opportunities.
Shorts get nervous when stocks are moving higher.
AI, SPWR, CHWY, WOOF
C3.ai ($AI) Shares Jumped 19.44% on Strong Q4 ResultsC3.ai ( NYSE:AI ), an AI software company, is expected to see revenue growth of around 23% in fiscal year 2025, with plans to continue investing in development to establish market leadership and build a profitable enterprise software company. The company is focusing on addressing a potentially $1 trillion addressable software market, which is considered the largest market opportunity in software history.
The company's strong Q4 results and optimistic outlook highlight its position in the rapidly evolving enterprise AI market. As businesses recognize the potential of AI to transform operations, C3.ai's focus on applications and its approach to addressing challenges associated with GenAI could significantly shape the industry's future.
However, the company must navigate an increasingly competitive landscape and demonstrate the tangible benefits of its offerings to maintain its growth trajectory. The coming quarters will be crucial in determining whether C3.ai ( NYSE:AI ) can capitalize on the opportunities presented by the expanding AI market and establish itself as a long-term leader.
Technical Outlook
C3.ai ( NYSE:AI ) stock is up 19.44% trading with a Relative Strength Index (RSI) of 68.27 which is slightly overbought prior the earnings Beat. The stock is trading a little bit higher above the 200-day Moving Average (MA).
NVIDIA: Very Limited Upside Potential - A ScenarioNote: While predicting the future is impossible, the following game plan is based on an analysis of current events, historical patterns, market bubbles, and the growing public fear of artificial intelligence.
Please bear in mind that I am an extropist who has been dreaming of the Singularity since I was seven years old, with a keen interest in financial and technological privacy.
1. Current Market Capitalization
Unsustainable Levels:
As of May 30th, 2024, Nvidia's market capitalization stands at a staggering $2.82 trillion USD. This valuation reflects extremely high growth expectations and significant optimism about Nvidia's future prospects. However, such a lofty valuation may not be sustainable in the face of potential risks and headwinds.
Valuation Metrics:
Key valuation metrics such as the Price-to-Earnings (P/E) ratio are also at historically high levels, indicating that the stock is priced for perfection. Any deviation from expected growth or profitability could lead to sharp corrections.
2. AI Regulation in 2025
Intensive Regulations:
There are growing concerns that the AI industry, which Nvidia heavily relies on for growth, will face stringent regulations by 2025. Governments worldwide are increasingly wary of the ethical implications, data privacy issues, and potential misuse of AI technologies.
Impact on Growth:
If new regulations impose strict compliance requirements, limit data usage, or introduce hefty fines, Nvidia's AI-driven revenue could be significantly impacted. Compliance costs would rise, innovation might slow down, and the overall profitability could decline, leading to reduced investor confidence and lower stock valuations.
3. Incoming Lawsuits
Patent Infringements and IP Disputes: Nvidia is frequently involved in legal battles over intellectual property and patent infringements. As the company expands its technology portfolio, the risk of lawsuits increases, which can lead to costly settlements or prolonged legal battles.
Class Action Lawsuits: There is also the potential for class action lawsuits from shareholders if Nvidia fails to meet its lofty expectations or if there are any perceived misrepresentations of its business prospects. Legal troubles can drain resources and divert management attention from growth initiatives, negatively impacting stock performance.
4. Geopolitical Risks: China Invading Taiwan / World War 3
Supply Chain Disruption: Taiwan is a critical hub for semiconductor manufacturing, with companies like TSMC (Taiwan Semiconductor Manufacturing Company) playing a crucial role in Nvidia's supply chain. An invasion by China could disrupt this supply chain, leading to shortages, production delays, and increased costs for Nvidia.
Market Sentiment: Geopolitical instability typically spooks investors, leading to market sell-offs. A conflict involving Taiwan would create uncertainty around Nvidia's ability to maintain its production levels and meet market demands. This uncertainty can drive investors to pull out, causing a decline in stock prices.
Trade Restrictions: In the event of a conflict, the US and its allies might impose sanctions or trade restrictions on China, further complicating Nvidia's operations and supply chain. These restrictions could limit Nvidia's access to essential materials or technology, affecting its long-term growth prospects.
5. Social Unrest Due to AI Impact
Mass Riots Over Job Losses: As AI technology advances, millions of jobs are at risk of being automated. This could lead to significant social unrest as people face unemployment and economic hardship. Mass riots and protests against AI-driven job displacement could create a hostile environment for companies like Nvidia, leading to negative public perception and potential backlash.
Intellectual Property Theft Concerns: AI technologies have been criticized for infringing on the intellectual property rights of artists and creators. This could lead to increased legal challenges and a loss of support from the creative community. Public outcry and legal actions from artists claiming that their work is being used without permission could further tarnish Nvidia's reputation and create financial liabilities.
In Conclusion:
While Nvidia has enjoyed a remarkable rise in its stock price, several factors suggest that its current valuation might be unsustainable. The potential for heavy AI regulations, a surge in lawsuits, geopolitical risks related to China and Taiwan, and social unrest due to AI-driven job losses and intellectual property theft present significant headwinds. Coupled with the current market capitalization at an unprecedented $2.82 trillion USD, these factors collectively argue for a more cautious outlook, suggesting that Nvidia's stock may not have much room to rise further and could even face a significant correction.
And as Always: This is NO Financial Advice, Do your own Research.
CYANE
Looming AI Power Stock?
NASDAQ:MRVL The Chip Designer Company is a must watch stock especially this week with the upcoming earnings report.
This is my strategy:
Using Bollinger Bands and Fibonacci Retracement, we see a consistent trade volume and slight increase in volatility as the price drops below the SMA and nears the lower band. The price is currently $76.68. We can expect it to reach a price target of $77.75 (test strategy here) for uptrend confirmation.
Semiconductor Bull Run: Is it OVER?AMD is experiencing a breakout from the falling wedge pattern, which is a bullish signal. Currently, the stock is above its immediate support zone and ended the last trading session with a bullish harami candle.
Although sell pressure seems unlikely given the current levels, keep an eye on the medium-term support zone to reassess your trading strategy if needed.
These levels are suitable for options trading and could result in excellent swing trades based on liquidity analysis.
The price target is between $185 and $190, with the potential to reach $200 if the bullish momentum continues.
Let's monitor how this develops.
$MSFT earnings? Could we see another drop to $370?NASDAQ:META had a negative reaction to earnings yesterday. I was originally thinking that MSFT's earning reaction would be positive but as I look at the chart and options flows, I'm starting to think we're going to see a negative reaction.
I think most likely outcome is that we drop from here to around the $370 level, if that level can hold there's potential for one more rally into May to the $454 level. Otherwise if it can't, we risk seeing more downside to the lower levels.
Let's see what happens after the market closes.
AI/USDT POTENTIAL BULL FLAG FORMATION! NEXT LEG UP SOON!!Hey everyone! If you enjoy this content, please consider giving it a thumbs up and following for more analysis.
AI appears to be forming a bull flag pattern in the 4-hour timeframe. A breakout from this pattern could signal a significant price increase. Once it breaks out from the flag, we can expect a good 40-50% upside move. Accumulate in the green zone.
Possible Entry & Targets:
Entry: Current Market Price (CMP) and potentially add more up to $0.97
Potential Targets: $1.07, $1.18, $1.34, $1.52
Stop-loss: $0.92 (Consider setting a stop-loss based on your risk tolerance strategy).
Leverage: Use leverage with caution. Consider low leverage (Max 5x) as suggested.
Let's Discuss
What are your thoughts on AI's current price action? Do you see a bull flag pattern? Share your analysis in the comments below!
🍌🍌 SUPERMICRO — AI INFRASTRUCTURE STOCKS GO BANANA Supermicro is an American company, a major manufacturer of motherboards, cases, power supplies, cooling systems, SAS controllers, Ethernet and InfiniBand. The company specializes in the production of x86-server platforms and various components for servers, workstations and data storage systems. The headquarters is located in San Jose, USA. Founded in 1993.
Supermicro, Inc., a provider of end-to-end IT solutions for cloud computing, artificial intelligence/machine learning, storage, and 5G/Edge communications, continues to expand its data center portfolio with NVIDIA end-to-end rack cabinet solutions HGX H100 equipped with liquid cooling systems.
Supermicro's advanced liquid cooling technologies help reduce time-to-commissioning, improve performance levels, and reduce data center operating costs while dramatically reducing energy efficiency.
It is estimated that when using Supermicro liquid cooling systems (compared to air-cooled data centers), data centers save up to 40% in terms of power costs. In addition, direct cooling costs can be reduced by up to 86% compared to existing data centers.
"Supermicro continues to lead the industry by meeting the ever-growing needs for AI systems and modern data centers around the world," said Charles Liang, President and CEO of Supermicro.
AI-optimized racks powered by Supermicro's latest product lines, including server product lines from AMD, can be quickly created from standard engineering templates and easily customized to meet unique user requirements.
The ultra-modern GPU liquid cooling server includes dual processors from NASDAQ:INTC or NASDAQ:AMD and four or eight interconnected NVIDIA ( NASDAQ:NVDA ) HGX H100 Tensor Core GPUs.
The use of liquid cooling systems can reduce the energy consumption of data centers by up to 40%, which in turn leads to lower operating costs.
In addition, both systems significantly outperform previous generation NVIDIA HGX GPU-powered solutions, delivering up to 30x performance gains and improved efficiency of today's Transformers with faster connections between GPUs and networks and storage built with PCIe 5.0 standard.
The technical picture illustrates the possibility of continued explosive growth in Supermicro shares, which are up more than 160 percent since the beginning of the year.
Blackberry 2024Ladies and Gentlemen,
Today, we stand on the brink of a remarkable transformation, driven by a company that has redefined itself with vision and resilience. That company is BlackBerry. Once known for its iconic smartphones, BlackBerry has boldly transitioned into new territories, emerging as a leader in cybersecurity, the Internet of Things (IoT), and advanced automotive technology. This journey is nothing short of inspiring, and it sets the stage for a bright and prosperous future.
BlackBerry’s story is one of relentless innovation and strategic reinvention. By shifting focus from hardware to software, BlackBerry has positioned itself in the heart of two booming industries: cybersecurity and IoT. In a world where cyber threats are ever-evolving, the demand for robust, intelligent security solutions has never been higher. BlackBerry, with its acquisition of Cylance, is at the forefront of this battle, delivering AI-driven cybersecurity solutions that protect organizations worldwide. This commitment to security not only safeguards data but also builds trust and confidence among customers and partners.
Moreover, BlackBerry’s QNX software is revolutionizing the automotive industry. As we move towards a future of connected and autonomous vehicles, QNX stands as a cornerstone of this technological evolution. From in-car systems to advanced driver-assistance systems, BlackBerry’s software ensures safety, reliability, and innovation on the roads. This isn't just about technology; it's about shaping the future of transportation and making our roads safer for everyone.
The Internet of Things represents a vast landscape of opportunities, and BlackBerry is ready to seize them. With the proliferation of IoT devices across various sectors—healthcare, industrial automation, smart cities—BlackBerry’s secure solutions are essential for managing and protecting these interconnected systems. The growth potential here is immense, and BlackBerry is uniquely positioned to lead the charge.
Financial strength and strategic acquisitions have further solidified BlackBerry’s foundation. These moves are not just about expanding capabilities; they are about investing in a future where BlackBerry continues to lead and innovate. Partnerships with technology giants like Amazon Web Services enhance our technological prowess and market reach, driving us forward into new frontiers.
As we look ahead, the future shines brightly for BlackBerry. The expanding cybersecurity market, the evolution of autonomous vehicles, the explosive growth of IoT, and the increasing need for enterprise security all point to a horizon filled with promise and potential. BlackBerry’s unwavering commitment to innovation and excellence ensures that we are not just keeping pace with change but driving it.
So, let us embrace this journey with confidence and determination. Let us celebrate BlackBerry’s resilience and vision. Together, we are part of a story that continues to inspire and innovate, a story that promises a brighter, safer, and more connected future. With BlackBerry leading the way, the possibilities are boundless, and the future is ours to shape.
Thank you.
$TURBO Token - Breakout incoming?!1. Price Trends : Over the past 24 hours, the OKX:TURBOUSDT Token has seen a significant price increase of > 25%. This suggests a strong bullish sentiment in the short term. Over the last week, the price has risen by > 45%, indicating a positive trend over the past few days.
2. Trading Volume : The 24-hour trading volume for OKX:TURBOUSDT is > $30 Million USD, which is a healthy volume that reflects active trading interest in the token.
3. Market Cap : The market capitalization of OKX:TURBOUSDT is > $100 Million USD. This places OKX:TURBOUSDT at a relatively lower market cap compared to some other tokens, potentially indicating room for growth.
5. Community and Sentiment : The OKX:TURBOUSDT community seems to be quite active and bullish on the token's prospects. Tweets and discussions about MYX:TURBO often mention its potential for growth and the strong community backing it.
In conclusion, the OKX:TURBOUSDT Token has shown significant price appreciation in the short term and has a relatively low market cap, which could indicate potential for growth.