bitcoin has a long way before 100kBitcoin broke a major high time frame structure and currently looks to be in a bearish consolidation. Previous support is now resistance as well as the psycological 30k level. This isnt good for short-medium term returns. Theres a lot of talk of a new bear market beginning but that is just noise imo. The stock market looks to be reversing. The question is going to be is this the end of the bear market rally or will it be a healthy bull market pull back.
Ill be looking at 4 levels:
20k (which there is a cme gap)
15.5k(prior local lows)
10k (major psychological level)
and 3-5k range (previous bear market double bottom and ALOT of Liquidity)
Stay safe
AI
Is Something Brewing at Unity?AI seems to be all the hype these days. Unity announced a closed Beta Program for their AI back in late February of 2023, and just a few weeks ago we got our first look at some of the things we can expect. Unity has almost doubled in price from its ATL's, but I don't think it's done yet. We've got a nice Cup & Handle Pattern forming on the Daily that's beginning to break out. I'd like to see price get above 48$ and stay there as a confirmation for a continuation up.
-Regards,
@DayTradingOil
Inflation vs Innovation Can the Markets Handle the HeatGlobal markets face contradictory forces in 2023. Inflation still simmers as central banks tighten money supply worldwide. Geopolitical friction continues while economic growth likely slows ahead. Yet technological transformation charges ahead, with artificial intelligence poised for explosive improvements. Investors and policymakers must stay nimble in this uncertain environment.
After plunging painfully in 2022, stocks have rebounded with vigor so far this year. This despite raging inflation and the Federal Reserve's hawkish stance on interest rates. Hefty liquidity efforts in China likely buoyed prices. Investors may also have grown too pessimistic amid still-sturdy corporate profits. But sentiment could sour again if supply chain snarls resurface.
In bond markets, yields continue reflecting dreary growth expectations after last year's surge. The inverted yield curve especially screams pessimism on the near-term economy. Meanwhile, the Fed's bond portfolio shrinkage has yet to rattle markets. This implies the Fed's quantitative easing and tightening have limited impact on actual money supply, defying popular perception.
On inflation, early 2023 figures show it easing from 40-year heights but still well above the Fed's 2% bullseye. The Fed remains leery of declaring victory prematurely. Taming inflation sans triggering severe recession is an epic challenge. Geopolitical wild cards like the Russia-Ukraine war that evade the Fed's grasp will shape the outcome.
Amidst these crosscurrents, technological forces advance relentlessly. The frantic digitization around COVID-19 now gives way to even more seismic innovations. The meteoric success of AI like ChatGPT provides a mere glimpse of the transformations coming for healthcare, transportation, customer service and virtually every industry.
The promise appears gargantuan, with AI generating solutions and ideas no human could alone conceive. But the warp-speed pace also carries perils if ethics and safeguards fail to keep up. Mass job destruction and wealth hoarding by Big Tech could ensue absent mitigating policies. But wisely harnessed AI also holds potential to uplift living standards globally.
For investors, AI has already jet-propelled leaders like Google, Microsoft, Nvidia and Amazon powering this tech revolution. But smaller firms wielding these tools may also see jackpot gains, as costs plunge and new opportunities emerge across sectors. That's why non-US and smaller stocks may provide superior opportunities versus overvalued big US tech.
In conclusion, the global economic and financial landscape simmers with familiar threats and novel technological promise. Inflation may moderate but seems unlikely to vanish given lingering supply dysfunction and distortions from massive stimulus. Stocks navigate shifting sentiment amid rising rates and demand doubts. And machine learning progresses rapidly into a future we can now scarcely envision.
Nimbly navigating such turbulence requires flexibility, tech savviness and philosophical courage. Responsibly steering AI's development is a herculean challenge, to maximize benefits and minimize pitfalls. Individuals need to stay skilled while advocating protections against job disruption. Policymakers face wrenching tradeoffs between growth, inflation and financial stability - all compounded by geopolitics.
Yet within uncertainty lies opportunity for those poised to seize it. The future remains ours to shape, if we summon the wisdom and will to guide technology toward enriching human life rather than eroding it. The road ahead will be arduous but need not be hopeless, if compassion and conscience inform our creations.
ASML: Bearish Cypher Trend Break Down ConfirmationASML has broken below a trend line and confirmed it with a secondary weaker test and during this test we formed a Bearish Abandoned Baby, some MACD Bearish Divergence, and printed a Bearish PPO Volatility Circle. With all this confirmation at the potential Cypher PCZ, I'd say we have a pretty good chance of this Cypher playing out instead of the deeper .886/1.13 Shark.
AI-Driven Services for Regulation 🤖🔄📚🔍VAIOT: Revolutionizing Contract Security with zk-SNARK powered Legal Assistants
In the rapidly evolving world of blockchain technology, privacy and security are of paramount importance. VAIOT, a leading innovator in the field, is harnessing the power of zk-SNARKs to redefine the landscape of digital transactions. In this article, we will explore VAIOT’s use of zk-SNARKs, delve into the history and concept of zk-SNARKs, discuss their current and future applications, and explore how VAIOT will implement them in real-life scenarios, particularly in public administration through its AI Assistants.
Harnessing zk-SNARKs
VAIOT recognizes the significance of zk-SNARKs and has integrated them into its platform. By leveraging zk-SNARKs, VAIOT ensures the confidentiality of sensitive information while providing verifiable proof of knowledge. This groundbreaking approach enhances privacy and security, setting the stage for a new era of secure digital transactions and contract analysis.
What are zk-SNARKs? ZK Proofs?
To comprehend the power of zk-SNARKs, we must delve into the concept of zero-knowledge proofs. Originating in the 1980s, zero-knowledge proofs allow two parties in a transaction to verify a particular set of information without revealing the specifics. zk-SNARKs, or zero-knowledge succinct non-interactive argument of knowledge, utilize zero-knowledge proofs, enabling one party (prover) to prove possession of certain knowledge to another party (verifier) without disclosing the knowledge itself. This cryptographic protocol has revolutionized privacy and security in the digital realm.
Dive Into zk-SNARKs
zk-SNARKs provide a powerful solution to address privacy concerns in cryptocurrencies. Bitcoin, one of the original cryptocurrencies, initially assumed a certain level of anonymity for its users. However, coordinated efforts by data scientists, hackers, and law enforcement agencies demonstrated the ease of re-identifying individuals based on pseudonymous data. In response, developers started working on privacy-focused coins, such as Zcash, which introduced zk-SNARKs as a robust privacy solution. zk-SNARKs allow for nearly instant verification and require no direct interaction between the prover and verifier, enhancing privacy and security in digital transactions.
VAIOT’s Current and Future Applications
At present, VAIOT harnesses zk-SNARKs for certificates, enabling users to purchase certificates proving specific values within a contract without revealing the entire contract. This application showcases the power of zk-SNARKs in ensuring privacy and authenticity while leveraging blockchain technology. Additionally, VAIOT goes beyond by deploying smart contracts with the verifyProof function. This allows users to independently verify their proofs, promoting decentralization and appealing to a wider user base. Looking to the future, VAIOT envisions an array of use-cases for zk-SNARKs, particularly in public administration through its AI Assistants. These applications will streamline processes, enhance transparency, and facilitate secure and efficient contract analysis.
Implementing zk-SNARKs for Real-Life Use Cases
VAIOT is actively developing a solution based on zk-SNARKs for the mainnet and certificates. These certificates, available in the Contract Reader, offer users proof of selected values within a contract without revealing the entire contract itself. This innovative approach ensures privacy and authenticity, revolutionizing contract analysis. To achieve this, we are building new backend instances and creating proofs based on conditions recorded in smart contracts.
This implementation paves the way for secure and efficient contract analysis in real-life scenarios, particularly in public administration. By integrating zk-SNARKs into it’s AI Assistants, VAIOT spearheads a transformative shift in public administration processes.
But let’s dive deeper into the real-life impact of zk-SNARKs. Imagine a scenario where you need to prove your monthly income to authorities without disclosing the specifics of your occupation. With zk-SNARKs, you can provide verifiable proof of your earnings without revealing sensitive details. For instance, you can demonstrate that you have a signed contract for software engineering work without disclosing the specific company you work for. This powerful application showcases the potential of zk-SNARKs in preserving privacy while enabling efficient verification.
VAIOT’s integration of zk-SNARKs opens up a world of possibilities, empowering individuals and organizations to navigate the realms of privacy, security, and efficiency with confidence.
VAIOT offers a portfolio of blockchain-based AI Assistants for businesses and consumers to provide automated services and transactions. Faster, easier, and affordable.
Link: vaiotltd.medium.com
One Love,
The FXPROFESSOR 📚🔍
A Negative Month at these Levels Could Signal NVDA Down to $196We are at a point where NVDA is trading at a Macro Monthly Bearish ABCD PCZ and all the Oscillators are sitting in overbought zones. If NVDA sees a negative monthly candle at these levels, it is very likely that these Oscillators will begin to come down again and signal Potential Bearish Action ahead; if we get such a signal at these levels, then I would typically aim for it to go back down to the level of C of the ABCD as a Minimum Target; but given how high this is and how profitable even a 61.8% retrace would be, I will opt to target the 61.8% retrace instead down at $196.32 as it nicely fits into my typical 3:1 risk to reward requirement.
long RNDRCRYPTOCAP:RNDR broke through the resistance level. Bullish movement to $2.0 is expected to happen
UPDATE Nasdaq is on track to new All Time HighsCup and Handle formed on Nasdaq and since then the price has rocketed up.
We still have bullish confirmation of further upside.
7>21>200
RSI>50 (Higher lows)
Target remains at 16,073
One could even lock in half profits here and raise stop to above breakeven.
Fundamentals:
With the Big 7 outperforming this year, we are seeing the innovation of AI, Metaverse and machine learning attract new investors into the market. This will help push up the price bring on higher earnings and help the economy - which diminishes the likelihood of a recession.
The Big 7 are the major tech companies:
Apple, Microsoft, Alphabet, Amazon, Nvidia, Tesla, and Meta.
And as they adapt, innovate and integrate AI into their business models, products and services, this will continue to bring investors into the market and
drive their prices up.
And this means the Nasdaq will continue to rally.
SMC
Sell Side Liquidity (Order Block)
Smart Money buys into positions (and sweeps liquidity) from traders who are long (get stopped) and for short traders who enter into their trades.
Unity. Inverse Head and Shoulder forming. + Bullish divergenceHey folks,
Another Inverse Head and Shoulder pattern with bullish divergence. My favorite pattern to trade, especially on these longer time frames. I am also noticing micro h and s patterns within in the smaller time frames on various stocks.
Besides the lackluster market response to its AI features, U hasn't had a whole lot going on fundamentally, noteworthy at least, but I'm picking up on the metaverse trend building steam again. This one is a great metaverse play.
I'll lock in profit accordingly. Around $42, $58, $65 and save some for all mighty $100 liquidity zone. I think mid July could see some nice action.
Happy trading!
OnePath
BTC: Artificial intelligence (AI) one of the reason for $47KWe expect with time that BTC will gain a new high with the target of 47K
We did explain before about the last trends of AI that can take place on BTC, and there are already developments, see more about BTC AND AI on this chart below
And also Forbes did add about the AI : that it Will Help Crypto Get To The Next Level with the expecting a huge Ai hype will start
we expect that this is just the start of AI and that AI can play a very important role for BTC, also this can mean that AI coins can expect a new hype soon depending on this study.
One of the coins that can show interesting views is MDT. Google developing new AI products with MDT in the short term.
BTC AND AI can change the world to a new range of Artificial intelligence
We expect that BTC is going to see a whale's breakouts and an increase that has not been seen in 2023.
AI | InformativeNYSE:AI
Technical Analysis for AI:
If AI breaks above the bullish line of $42.19, it may indicate a bullish signal, suggesting potential upward price movement. In this scenario, the target price (TP) could be set at $46.34.
Conversely, if AI breaks below the bearish line of $36.18, it may suggest a bearish signal, implying potential downward price movement. In this case, the target price (TP) could be set at $31.49.
MDT : AI IS THE NEW GOLD /MDT/BTC GOING TO EXPLODE!After we have studied AI, out of the chatgpt, AI can deliver an important new trend for the world, and what we call is that AI can be the new gold of the future.
BITCOIN ENTERING AI - This can explode BTC and AI coins to a new range.
Check news sites and you will find more about BTC and AI.
powered tools that enable AI Agents to traverse L402 APIs (HTTP 402 pay-per-call APIs over Lightning), and also directly hold+manage Bitcoin via
OpenAI
We expect with this update that BTC and AI coins as MDT are going to see a huge development and increases in the coming time.
This is our view, its not trading advice.
Why the Nasdaq may not capture the full growth potential of AIThe start of 2023 has marked the return of tech growth stocks alongside the surge of generative artificial intelligence (AI) and large language models (LLMs). The biggest tech companies in the world have benefitted from the buzz created by ChatGPT and rapidly rising enthusiasm around AI in general. Nvidia, a leading semiconductor company seen as one of the main AI beneficiaries, has advanced the most within the Nasdaq-100 and even joined the trillion-dollar market cap club just weeks ago.
The year-to-date rally of ‘Big Tech’, led by Nvidia, has resulted in a strong return differential of 22.33%1 between the widely followed tech gauge (the Nasdaq-100) and the broad equity exposure (the S&P 500). The top 10 holdings in the Nasdaq-100 by contribution to return (CTR) have jointly posted 30.45% year-to-date, representing more than 82% of the total index return. This advance of the top Nasdaq-100 holdings, capitalising on the buzz around AI, is begging the question from investors whether allocation to the Nasdaq-100 already offers good exposure to the long-term investment potential associated with the AI megatrend.
To answer this question, we have to take a step back and think of the concept of megatrends and benchmarks in the portfolio construction process. Benchmarks are usually viewed by investors as a core allocation, while thematic investing is being used as a return enhancement play that benefits from the evolution of various megatrends. In the case of the Nasdaq-100, we can point to several arguments why a thematic strategy focused on the AI theme might be a better option if an investor’s goal is to benefit from the long-term growth potential offered by AI.
1. The AI space represents a wide variety of areas that can achieve wider adoption and success at various points in the future. A targeted AI strategy can build exposure to the theme and its evolving trends through a diversified basket of more pure-play companies involved in various AI activities. In turn, the Nasdaq-100 will tap into the space only through a handful of companies that would offer a less comprehensive and less pure exposure to the theme.
2. A targeted AI strategy has the potential to capture the mega caps of tomorrow early on and with a meaningful weight within the portfolio. Investing in AI through the Nasdaq-100 might be seen by investors as a safe way to avoid losers and focus on more successful AI companies that made it into the benchmark. However, this approach does not allow investors to reap the return potential associated with exciting smaller companies early on. After all, the growth potential driving the returns in the tech space is highest for smaller and younger companies.
Investing Tesla and Nvidia (the latest two companies that managed to hit a $1 trillion market cap) in them 3 months after they went public would have resulted in much higher annualised returns in comparison to returns after they joined the Nasdaq-100. In addition, it took both companies around 2-3 years to join the tech benchmark and, after they did, their starting weights were only 0.40%-0.50%. In contrast, thematic strategies might invest in companies shortly after their IPO (initial public offering) dates and might allocate a more meaningful weight to them.
3. A satellite thematic exposure can improve the risk-adjusted portfolio returns through increased diversification. The concept of diversification was first formalised by H. Markowitz as early as in 1952. However, in practice, it’s not feasible to hold all stocks in the investable universe and investors stick to broad benchmarks to build their market exposure. In this situation, thematic investing represents a novel way to split the universe of investable companies and identify promising opportunities aligned with megatrends shaping our future. Relatively low overlap of thematic strategies with broad benchmarks is what makes them particularly attractive for a satellite exposure.
Trying to kill two birds with one stone (that is, building a core tech exposure and capturing the potential of the AI theme) by using the Nasdaq-100 could backfire. It could deteriorate diversification and risk-adjusted returns for two reasons: 1) Sticking just to AI companies within the Nasdaq-100 narrows down the return drivers associated with the AI megatrend; 2) Investors increase idiosyncratic risks in their portfolios associated with the biggest tech companies, most likely captured in some other portfolio allocations, for example, the S&P 500.
Thematic strategies specifically focused on AI might represent a better option for investors seeking to benefit from the long-term growth potential associated with the megatrend in contrast to the theme exposure offered through the Nasdaq-100. When selecting the specific AI strategy it’s important to understand how each strategy captures the space and to align it with investor’s beliefs about the future development of the megatrend. Diversification benefits and potential return drivers associated with the theme are yet other important considerations that help to govern the strategy selection process.
Sources
1 As of 27 June 2023.
This material is prepared by WisdomTree and its affiliates and is not intended to be relied upon as a forecast, research or investment advice, and is not a recommendation, offer or solicitation to buy or sell any securities or to adopt any investment strategy. The opinions expressed are as of the date of production and may change as subsequent conditions vary. The information and opinions contained in this material are derived from proprietary and non-proprietary sources. As such, no warranty of accuracy or reliability is given and no responsibility arising in any other way for errors and omissions (including responsibility to any person by reason of negligence) is accepted by WisdomTree, nor any affiliate, nor any of their officers, employees or agents. Reliance upon information in this material is at the sole discretion of the reader. Past performance is not a reliable indicator of future performance.
TESLA LONG AT THE PARABOLIC INFLECTION POINTmy thesis is that Tesla is now a matured, deep moated, multi-sector innovation enterprise
areas of focus
transporation
manufacturing
commodities
logistics
big data
synthesizations
memetics
artifical intelligence
debt leverage
decentralization
neo-feudal globalization
I'm Long Here.
C3.ai (AI) Looking Ready 4 Another ClimbI recon C3.ai have found another ladder to start climbing again after an inevitable lul in the market due to the initial 'hype' related to AI and c3.ai in particular had subsided only to leave the well known AI driven tech company to show why they are still a good investment through actual company performance as well as the fact that this week there was some good news from Oracle who gave AI stocks a boost, as the enterprise tech giant said strong cloud sales were being boosted by generative AI. That helped propel the broad market to a banner week, and C3.ai shares were up 24.4% for the week. So with all that inside info as well as the indicators on this chart you see here, Houston seems to be echoing in my analytical mind.
$LYFT getting ready to $LFFT offBullish divergence on the annual time frame, that spans across a 2 year period.
Stochastic indicating the market is over sold on the annual time frame and that bulls are re entering the market.
RSI indicating market exhaustion to the downside and bulls returning to the market,
LYFT market dominance in the self driving/ ride sharing app is growing. Also with the expansion of self driving, company expense will drop and profits will rise.
AGIX – Looking Great! Possible 90% ProfitTLDR:
• A successful break out a of a Falling Wedge Formation could lead to an 90% profit long trade.
Background:
• AGIX has been in a correction since February 8th, 2023. This correction is creating a Falling Wedge formation.
• Since my previous AGIX idea, AGIX corrected further and now it reached the 0.382 Fibonacci retracement.
• The target of a Falling Wedge is the measure from low to high of the wedge’s beginning.
• Considering that the AI narrative is the darling of investors at the stock market and crypto, I think AGIX could go much higher. However, let’s not count the chickens before they are hatched. A cool 90% profit is enough, for now.
My Trade Idea:
• Entry: 0.26 (approximate number, breakout of the wedge).
• SL: Daily candle below the resistance line.
• TP: 0.34, 0.46, 0.51. Leave a moon bag.
God willing, I will update you as AGIX makes further progress.
NFA.
What do you think? Please share in the comments.
Best wishes to all.