AI is the future! CLWD FOLKSCLWD
Chart is looking for a pullback as it run from 0.045s to 0.18 this week = overbought!!
Im scaling in around 0.070-72 area for support (around 0618 fib)
this is overall bullish trend!
AI
UTU is a monster in the makingWhile I will be sharing the chart and technical analysis I mainly wanted to bring awareness to this project. As you know Oracles are huge in crypto and this is a sub $1 million MC Oracle looking to solve trust. Solving trust could apply to almost any project in the space, especially DeFi. I've stopped trying to find the next DeFi gem and started concentrating on infrastructure. That way it doesn't matter what DeFi projects wins, as long as the whole space is growing your growing as well. My example is investing in Electric cars. Instead of picking an Electric car manufacturer to win market share concentrate on the supplies to build the cars. This will give you more exposure to the whole market as it grows.
1. Breakout and retest of Symmetrical triangle occurred yesterday.
2. KDJ flipped green
3. MACD flipped green
4. Not pictured d/t clutter just had a bounce off POC of volume profile. Also once nd not much resistance is above.
Keep in mind this is the ETH paired chart. The chart looks this good as ETH is breaking out on it's way to ATH territory. Once price discovery and more learn about this project it is going to be a monster. Couple that with the possible beginnings of an Alt season this could surprise many.
SNOW 322 Retracement Target: 300, 280 and 250SNOW had an H&S topping pattern, the rapid post earning gains have all given back. Normally, one would expect a bounce, which could be to 350. But the 300 mil plus shares that become free tradable are very likely hit the market with plenty of supply, as holders waited until the new year to avoid the capital gain of 2020.
Assuming 20% of the shares would come to the market, that would be 60 mil shares plus?
The following are IPO price info and freed lock up share info, a stunning value ascending based on traders' hungry appetite.
"The expiry of the lockup could weigh on share price accretion from here, as early holders sell and SNOW's free float rises from 32.2 million to 345.8 million shares in March 2021," Colville said.
In September Snowflake kicked off trading at $245 a share, more than double its already lifted initial public offering price of $120, solidifying it as the largest software-focused IPO ever.
Snowflake originally set a midpoint range of $80 a share, but raised it to a midpoint of $105."
www.thestreet.com
Technically SNOW has been in chop if we overlook the one-week stunning run of more than $200 on a $250 stock; and that 250 would be likely the base by Spring.
FB 267 bearish until 250: broken daily support 267 & 200 MA 272FB advanced with vigor with a 5 EW move, until recently it started a corrective ABC move, of which we are in leg C that yet to complete.
It has broken the daily 267 and 200 MA of 272.
Likely test 250, as major support, and the previous gap-up line.
Fundamentally, it is still a great business that yet to peak in earning power but we are in a market that money is chasing Newer and Shiny stories with rapid rotations. The large market is also likely entering a corrective move starting the new year when the delayed profit takers have sheltered their capital gain for 2020. And there is just so much easy profit from the lucky IPOs to absorb for the little guys playing with their real money.
NTES long term outlook BullishTechnical
NTES is looking very bullish on the weekly,
Currently showing elliot waves cycle on wave 4
Consolidation around this level
Getting ready for that wave 5
Targets 130-140
Again long term - this is a weekly chart the drawings mapped could are months to years out
Fundamental
AI narrative has been picking up steam, expect this one to grow significantly over the next few years
Solid long term play
Stock to watch: Air Liquide (EURONEXT:AI)EURONEXT:AI
An interesting asset to trade. After entering the green zone (according to Buy/Sell Zones indicator ) it showed a small pullback which gives a possible good long entry point.
I'm looking forward to picking it up in the zone from current close up to 120.
Short-term Long targets are 0,5 Fib (previous high) and 1 Fib.
Long-term target is 2 Fib.
Invalidation: the price nukes under the previous low and stays there (prints a lower low)
Disclaimer: This article should not be considered as financial or investment advice. Trading digital assets involve risk and may resolve in the loss of your capital. Always be sure to understand the amount of risk involved and do your research before taking any trading/investment steps.
FET/BTC Accumulation Zone!Hello Community!
Before we begin please support my idea with a thumbs up and a comment. It'll be greatly appreciated and will motivate me to post a little more!
Lets keep it simple.
When taking a look at FET/BTC on the 4 hr TF, we see it trading in a parallel channel after it's long decent. This channel is also a temporary accumulation zone before another big move. It's currently trading at the top of the channel and can easily break through and begin the blast off or it can continue to trade in this zone. If going long, the area of value will be towards the bottom of the channel. Manage your risk and trade with a tight stop to minimize loss.
This is not Financial advice.
Safe Trading Calculate Your Risk/Reward & Collect!
Simplicity Win
Banca price as Bitcoin heads to $250,000I believe with all the advancements in AI that Banca is spearheading we could possibly see three different prices with Banca as Bitcoin heads higher to its $250,000 goal in mid or late 2022. I believe we can see an initial $0.005 price followed by $0.01 then $0.05. Understand that these price predictions are just that and should not be taken as final but everyone should do their own research and invest only what can be lost. The altcoin sector will only become valuable if what they build can be used in real-world markets.
AI thermal tech MARK* bullish for 2021The direction I believe this will go after Nov 4th and into EOY. Possible this touches the .90s but a Run up to $2.00 by EOY.
Drop to .88 also possible (unlikely though) with bad news/no news by Nov 6th.
(Indicators & template used)
*ABCD Triangle
*All Patterns SMA50 Both
*Supertrend V1.0
*Vol
*MACD
*ZigZag
*Pivots
BUY NVDA 9.16.2020Nvidia's 40 Billion dollar acquisition of arm could mean the new generation for machine learning and AI. The new Nvidia GeForce 30 series graphics cards announced earlier this month will be finally released on September 17 and 24th for the two higher end cards, and in the beginning of October for the budget card. Since the beginning of the pandemic, many people have turned to gaming as a form of entertainment, and PC gaming has become significantly more popular. The new Nvidia Graphics cards are an insane step in gaming, which is one of the factors that I believe will lead to the stock price going up. The new cards are also a massive jump in machine learning technology, something I specialize in. Nvidia has the best libraries and hardware for machine learning and these new cards have an insane amount of VRAM, CUDA cores, and specific architecture built for machine learning, aswell as the massive amounts of libraries and GPU support for many common machine learning libraries. I believe that within the first few weeks of people receiving their new cards and testing them, benchmarks and reports will be published on their gaming and machine learning performance and the world will be amazed. With the acquisition of arm, it seems that Nvidia is making an aggressive push towards a monopoly on machine learning technology (even though they are currently at the top with google right now). This is why I believe that in the long term (1-3 years) the stock price could very well get to $900, but more realistically I would set it at a target price of $2,000 in 2 years from now. This target price and date is partly based on Moore's Law, and the rate of development of current machine learning technology.
AGI-BTC Greetings,
Project 2017, when I even wanted to participate in the ICO, but something stopped me, and as can be seen from the schedule after the ICO depreciation of about 100%, like most altoins. According to the legend of the project, as far as I remember, something has to do with artificial intelligence or something like that. High-tech shit like we like).
The price in the descending channel, now come to the upper limit at the breakdown and fixing above 225-230 will be a signal to me to buy. Targets on horizontal volumes around levels 260, 350, 530, 730.
If the idea turned out to be useful for you, support it with likes. I also remind you that I have a telegram channel, the link to which can be found in my profile, where I place ideas more often, and intraday trades.
Pacton uses AI to find GoldThe news is out that Pacton Gold Inc. is going to drill in 5 locations to find gold. Will the AI technology be a win?
The assigned locations look promising but nothing is out of the ground yet.
For more info search the web on "Pacton AI"
Cheers.
Wiley CKoyote