Announcement
C98 - Long Term Buy OpportunityC98 has been sitting on long term support levels since the major crash in May-June which affected the entire crypto market. While it did not show any sign of reversal, a recent tweet from its founder, Thanh Lee, suggests that in 4 days a major announcement will be released signalling the potential of directional changes in the price trajectory for the token.
I am buying some at this level, 0.40USDT to position for a possible reversal. Needless to say that we need to remain cautious given current choppy market conditions.
Apple Event - 09/07Today Today Apple announced its new products, the market still doesn't react to these announcements, will it be that the downtred is over like in past years? Or will it drop another bit until finally their new products can be found and bought physically in their stores?
Remember that in past years the opportunity to buy was given after its announcement, let's see what buying signals it gives us in the coming days...!
Stablecoin Issuer COTI To Launch $70M Ecosystem FundCOTI has launched its investment fund COTI Ventures.
Through the fund, COTI ecosystem-based projects will be receiving support.
COTI Ventures has already made two investments as of today.
In an announcement today, the issuer of the Cardano stablecoin ‘Djed’, COTI, introduced the foundation of the COTI ecosystem fund – COTI Ventures.
The investment fund will be the next step in expanding the COTI ecosystem by onboarding developers using the $70 million funding set aside for the same.
Wish bag holders this our week, let us all unite!1. Wish showing some stability around $2.50
2. Possible short covering to make up for losses in other positions by the shorts acting as a floor
3. Possible bottom since the company is trading close to 0.8-1 expected sales for 2022 & possible break-even by the first Q
4. CEO must be announced upcoming week or the next
5. Technicals looking good with multiple divergences
6. Still waiting for institutions positions update
7. Beginning to see some improvements on the platform , shipping times getting better.
8. Interest rate hikes (problem if wish wants to raise more money) BUT has no debt and looking to break even.
9. If there is a buyout i would expect at least at 3-4x sales meaning $8-$10
10. Hold your bags tight! we are all in this together! Do not let wallstreet steal your stocks. Worst case we are all wrong! it happens, we will study what we did wrong learn from it and move on! investing does not end with one bad decision there is always room for improvement, never give up! Best case the price will tell!
EQZ | Flash Loans | Huge x7 possibilityEqualizer did a consecutive breakout and for most users gave them x3/4, but I believe that can give even more, something like x6/7 this month.
Reasons:
No more token release for more than 1 month;
Uniswap getting lower and lower amount available;
Announcements to be released this week, as said on Telegram (BIG);
Not listed on Binance yet;
Marketcap less than 20m (5m x ~3).
DYOR please.
I strongly recommend HOLD than trade on coins that are on begging, like this.
Not a financial advice.
Meta $MTA (mStable) - Binance listing - S/R flip complete - LONGMeta $MTA (mStable) - Binance listing - S/R flip complete
📈
Support / Resistance flip is now complete - this provides the launchpad for the next run up. ✅
The Meta $MTA (mStable) team has officially announced that the next Community Call is being held on Friday 16th April 2021 . ✨
We can expect further updates regarding development progress ( and maybe even exchange listings ) then. 🚀
Expect the price to continue on an upwards trajectory with increasingly rapid movements as time progresses towards the date Saturday 01st May 2021 . 🕵🏻♂️
🔥
$MTA IS A STRONG BUY AT ANY PRICE UNDER $15 IN MY BOOKS!
🔥
A lesson: What happens in the USA dictates everythingThe only thing that seems to not react to declarations and events from the USA seem to be their own stock market 😄
Everything else, other countries that have nothing to do with it, just you know, big moves.
Money managers worldwide are all invested in everything (MPT diversification).
Also crypto does not care and is correlated to the S&P (dumb money throwing cash at speculative assets?).
I guess stimulus means Oil has to go up? Weird how the USD went down a bit before the announcement.
Maybe the US has been selling? Or fund managers closing/hedging before the G7 meeting and the weekend? I don't really know.
Japan gave up on bazooka-ing money didn't they? And they didn't suffer much from covid I think this was addressed to the other G7 members Canada, France, Germany, Italy and the United Kingdom. So CAD EUR GBP.
She also said "The Biden administration was committed to multilateral engagement and fighting climate change".
So many prices were consolidating and it was so boring then all moved so fast a few hours ago.
www.reuters.com
I don't really see how this is new but well that's the market, they just wait for a signal I guess.
Like Bitcoin permabulls that buy in waves any time a random "this is good for bitcoin" (anything basically) news hits.
And also like Bitcoin baghodlers during the bear market when anything no matter how dumb was a reason to panic sell and crash the price.
Everyone is looking at the USA, also what the ECB and G7 says but mostly the US.
More "stimulus" isn't it obvious? A pyramid scheme never reverses, it either continues stronger and stronger or it collapses.
This saving lives and stimulus and socialism has resulted in an enormous increase in the wealth gap so of course people are asking for MOAR.
Biden sent a $1400 check right (with a congress majority)? And Trump 600? Laughable.
The big decline in education showing itself. Citizens can barely count now. And they clearly never heard of the Cantillon effect.
Trump trade war moved the stock market, everyone was watching his tweets and buying or selling depending on whatever he said about the trade war with China.
Also the covid thing last year. Now nothing seems too. That time is over. It's bubble time now. I'm just long and waiting.
Maybe "stimulus" news will be the catalyst for moves in commodities and FX now like Trump trade war was for the stock market? 😄
RUNE/USDT LONGThorchain is going to have an upcoming announcement. Details are under NDA. Strong conviction RUNE will continue to rise based on near-term project developments. BINANCE:RUNEUSD
Lm Funding America Inc (LMFA) Crazy Chart +176.62%LMFA $2.13 +1.36 (+176.62%) 01/08/21
LM Funding Announces Filing Of SPAC Registration Statement\
TAMPA, FL / ACCESSWIRE / January 8, 2021 / LM Funding America, Inc. (NASDAQ:LMFA) (the "Company") today announced that LMF Acquisition Opportunities, Inc., a special purpose acquisition company and an indirect subsidiary of the Company ("LMF Acquisition"), filed a Registration Statement on Form S-1 (the "Registration Statement") with the Securities and Exchange Commission ("SEC") in connection with a proposed initial public offering of its units. LMF Acquisition intends to search for a target in the financial services industry, including potentially the financial technology (FinTech) sector, and related sectors.
The proposed public offering is expected to have a base offering size of $75 million, or up to $86.25 million if the underwriters' over-allotment option is exercised in full. LMF Acquisition is directly owned by LMFAO Sponsor, LLC, a Florida limited liability company ("LMFAO Sponsor") that was organized by, and to which the initial capital was contributed by, the Company and affiliates of its executive officers. Under the terms of the proposed public offering, LMFAO Sponsor would own 20% of LMF Acquisition's issued and outstanding common stock upon the consummation of the offering. LMF Acquisition will be managed by the Company's management team.
Maxim Group LLC is acting as sole book-running manager for the offering.
When available, copies of the prospectus related to the proposed initial offering by LMF Acquisition may be obtained for free by visiting Edgar on the SEC's website at www.sec.gov or from Maxim Group LLC, 405 Lexington Avenue, 2nd Floor, New York, NY 10174, at (212) 895-3745.
The Registration Statement relating to the securities of LMF Acquisition has been filed with the SEC but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the Registration Statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
Forward-Looking Statements:
This Press Release may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including statements relating to the proposed initial public offering of LMF Acquisition and its management. The statements involve risks and uncertainty. Words such as "anticipate," "estimate," "expect," "intend," "plan," and "project" and other similar words and expressions are intended to signify forward-looking statements. Forward-looking statements are not guarantees of future results and conditions but rather are subject to various risks and uncertainties. Such statements are based on the Company's current expectations and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Investors are cautioned that there can be no assurance actual results or business conditions will not differ materially from those projected or suggested in such forward-looking statements as a result of various risks and uncertainties. Investors should refer to the risks detailed from time to time in the reports the Company files with the SEC, including the Company's Annual Report on Form 10-K for the year ended December 31, 2019, as well as other filings on Form 10-Q and periodic filings on Form 8-K, for additional factors that could cause actual results to differ materially from those stated or implied by such forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, unless required by law.
Company Contact:
Bruce M. Rodgers, Chairman and CEOLM Funding America, Inc.Tel (813) 222-8996 investors@lmfunding.com
SOURCE: LM Funding America, Inc.
View source version on accesswire.com: www.accesswire.com
47% profit expected on NEXO. Fundamental and technical reasons!FUNDAMENTALS
First of all if you don't know Nexo, do a quick research about them. It's a "crypto bank", offering loans for your crypto as collateral. So you don't need to sell Bitcoin if you need money for a car or bathroom renovation for example. Just deposit Bitcoin to Nexo and take a loan in fiat. When you repay your loan, you get ALL your Bitcoins back. Especially now that we are in bull run, you don't want to sell Bitcoin and miss on gains.
Another service that Nexo offers is "Earn" on your crypto and fiat. Last week they also announced improved version of this Earn feature, they call it NEXONOMICS: nexo.io
Holding NEXO tokens gives you big discount on loan interest rate and it also increases your APY (annual percentage yield) if you decide to use Earn feature. Nexo has better rates than competition and what is very nice, your funds are not locked. It's a flexible stake so you can withdraw them any time!
Price already increased a little bit after Nexonomics announcement last week, but check this (from the article I linked above): "The full scope of Nexonomics, including a variety of upcoming upgrades and functionalities, will be revealed progressively through December 2020 ."
TECHNICAL ANALYSIS
Now let's move to some technical reasons why I expect a 47% increase at minimum! As you can see Nexo is about to break out of this pink/magenta descending trendline. If you want to trade this more conservatively, wait for stronger confirmation of breakout. However I already bought NEXO because I wanted better entry price.
Furthermore, 20 and 50-Day EMA are about to form a bullish cross and this doesn't happen very often. However when it does, a big upward trend follows. Check the history yourself.
About my target. My target is Golden Pocket (0.618 Fibonacci level) which is at 0.0000194. It could go higher as well.
This will be HUGE! Awesome news behind the corner.. !There will be big announcement very soon which may shoot SC in much higher levels. As you can see here (siastats.info), the usage of Sia network is rapidly growing but with this news it will be flying as well as the SC price..this will be something (just wait for official announcement). This may start bullrun like in 2nd half of 2017.
Rememeber: Don't think of SC just as speculation altcoin. SC is completely different than other altcoins - it has great utility which is growing and adoption is ongoing, so owning some SCs is simply win-win. When you buy SCs at right spot, it can bring a lot of money in the future BUT even if not, you can still use it to store your own data in fully decentralized cloud (without any 3rd party observer) for a very cheap price.
Amazon S3 and Google Cloud with their price 20+$ per TB can go burn themselves in comparison with Sia where price per TB is about $1.3 + decentralized.
Just think about these facts.. but still.. this is just my personal opinion. Your money, Your responsibility!
Always invest just that much money you can afford to loose (that is my best advice). Happy trading!
VTNR - Announcement Bullish Momentum. Can This Trend Continue? Vertex Energy, Inc. is an environmental services company that recycles industrial waste streams and off-specification commercial chemical products. The Company focuses on recycling used motor oil and other petroleum by-products. The Company's segments include the Black Oil, Refining and Marketing, and Recovery divisions. The Company's product categories include Used Motor Oil, Fuel Oil, pyrolysis gasoline (Pygas), Gasoline Blendstock and Base Oil. The Black Oil division is engaged in operations across the used motor oil recycling value chain, including collection, aggregation, transportation, storage, refinement and sales of aggregated feedstock and re-refined products to end users. The Refining and Marketing division is engaged in the aggregation of feedstock, re-refining it into end products, and selling these products to customers. The Recovery division is a provider of generator solutions for the recovery and management of hydrocarbon streams.
SHORT INTEREST
1.02M 07/15/19
P/E Current
-5.73
P/E Ratio (with extraordinary items)
-4.77
Average Recommendation: BUY
Average Target Price: 2.50
[HOLD/BUY] Monotype# Fundamental Analysis
## Long term debt
- On September 2016, Monotype got 110M on Long Term Debt. Goal: 2 acquisitions.
- On September 2018, the Debt decreased by 27% (80M).
## Buybacks
- During 2016, only 6M were invested in buyback.
- During 2017, only 6M were invested in buyback.
- During 2018, in the first 3Q, Monotype invested 7M on buyback. And we still pending the Q4 reports (we are going to see them on Feb 15)
^^^ This last item may be considered as a positive Balance Sheet
- We are expecting a 5M long term debt payment during 2018 Q4, resulting in a 75M long term debt.
## Balance Sheet
- On September 2018, Monotype has 70M in CASH, covering more than 90% of the Long Term Debt.
We expect, during Q4 report (publish on Feb 15, 2019), seeing a Long Term Debt 100% covered by CASH, and a Long Term Debt less than 20% of the Equity, resulting in some indicator changes (positive).
# Technical Analysis.
- In the short term, we can see some accumulations limits on 16, 16.25, 16.75. They may be related to some good expectations about next Q4 report.
- Value crossed a huge resistance line, after dealing with it during a whole week.
- On another hand, Monotype seems to be on the top of the canal. May result in a decrease in the value. If Q4 results are positive, it may change from SHORT to LONG.
- Price going up with no volume. It can be considered as good expectations for the Q4 announcement.
# Summarize
[HOLD/BUY] Monotype# Fundamental Analysis
## Long term debt
- On September 2016, Monotype got 110M on Long Term Debt. Goal: 2 acquisitions.
- On September 2018, the Debt decreased by 27% (80M).
## Buybacks
- During 2016, only 6M were invested in buyback.
- During 2017, only 6M were invested in buyback.
- During 2018, in the first 3Q, Monotype invested 7M on buyback. And we still pending the Q4 reports (we are going to see them on Feb 15)
^^^ This last item may be considered as a positive Balance Sheet
- We are expecting a 5M long term debt payment during 2018 Q4, resulting in a 75M long term debt.
## Balance Sheet
- On September 2018, Monotype has 70M in CASH, covering more than 90% of the Long Term Debt.
We expect, during Q4 report (publish on Feb 15, 2019), seeing a Long Term Debt 100% covered by CASH, and a Long Term Debt less than 20% of the Equity, resulting in some indicator changes (positive).
# Technical Analysis.
- In the short term, we can see some accumulations limits on 16, 16.25, 16.75. They may be related to some good expectations about next Q4 report.
- Value crossed a huge resistance line, after dealing with it during a whole week.
- On another hand, Monotype seems to be crossing the middle of the canal. May be resulting in a decrease of the value.
- Price going up with no volume. It can be considered as good expectations for the Q4 announcement.
USDCAD: A Few Minutes To Late Hey guys!
Today my intention was to upload a trade update idea on Gold, because we entered another buy. We will be doing it tomorrow night...
This one is quite a better one with a nice setup just formed minutes ago during FED announcement. We were waiting on USDCAD for another move to the top - for a short entry after 3 cycles of bullishness. The high was actually higher, but on the 4h we are now seeing a nice rejection down. Next goal is to break the grey price zone below. Risk/Reward is over 3 so this is a good setup. See you guys later for the Gold update.
IOTA opportunities explode with Electronic Gian Bosh partnershipOn the November 12, engineering and electronics manufacturer Bosch, has announced about the partnership with IOTA. Here is the actual tweet: twitter.com
Bosh is a leading enterprise in regards to the research and development of technology designed for Internet Of Things (IoT). Currently Bosh is integrating its new data collection IoT device with the decentralized IOTA Data Marketplace.
IOTA Marketplace is where parties can trade (buy and sell) access to active data streams, through MAM (Masked Authenticated Messaging). MAM is often said to be like a radio, where Only who knows the radio frequency may reach the message. In MAM, only who knows the Channel Key can get access to the data. Also, users can “trust the source and integrity of data even though the identity of the source is masked”.
After Bosh announced about the partnership, IOTA has gained more than 5% over the Bitcoin, hitting 79k satoshis. Nevertheless, the growth has been short-lived and price currently stuck close the 200 Moving Average. The recently low at 76k satoshis could prove to play an important role in the short term price development. Daily close below that price, could send IOT/BTC down to the 72-74k support area, confirmed with Fibonacci retracement levels.
But, as long as daily close will remain above, IOT can be expected to move higher, especially considering the fact that the 78.6% Fibonacci resistance has been broken. The next upside target is seen at 84-85k satoshis area, which is 61.% Fibonacci.
Its worth mentioning that the RSI oscillator broke above the descending channel and found the support at the upper trend line, rejecting it recently. Considering these technical aspects as well as the huge partnership with Bosh, over the medium term price increase should be expected.
Having said that, probability that 74k satoshis support area will be re-tested should not be ignored. And finally, if 70k satoshis physiological support is broken, bullish outlook will become much less likely. In that case the downtrend continuation could be the most expected scenario.
NEM (XEM) re-listed on Coincheck exchange____ Click "Like" to help NEM rise ) ____
NEM is a dual-layer blockchain similar to Ethereum but written in Java, that is one of the most popular computer programming languages. Launched back in 2015, the NEM mainnet supports multiple ledgers on its cryptocurrency layer, and the NEM Smart Assets layer supports mosaics to represent any store of value. NEM’s proprietary crypto coin is XEM, which is harvested (mined) using a Proof-of-Importance algorithm. Its the Smart Asset System that makes NEM so powerful. Nodes on the NEM blockchain process API calls, which makes it easy to develop for, whether the dApp accesses NEM’s API directly, through a server, or in the background. In short, NEM built a blockchain-based cloud platform with a NEM Infrastructure Server (NIS) made of secure, decentralized processing nodes on one side and a client side, like the NEM Community Client (NCC), which acts as a gateway.
Back in January 2018, Coincheck suffered a malicious hack, where thieves managed to steal approximately $520m worth of NEM. It was the most expensive theft on a cryptocurrency exchange as compared to the Mt.Gox theft, $450 were stolen. NEM stopped tracking the coins in mid-March after concluding that enough data was provided to local law enforcement to conduct a full investigation. Coincheck responded to the hack by refunding the 260,000 affected users in JPY from their own capital. Such decision to refund was taken very positively by cryptocurrency community and recently, on the November 12, Coincheck announced the resumption of trading for XEM coins.
Quote of an announcement:
“ resumed new account opening and payment/purchase of some virtual currencies on October 30, 2018,” the exchange announced on their website. “With regard to ETH, XEM, and LSK, technical safety confirmation has been completed with the cooperation of external experts and we have resumed payment/purchase of the virtual currency from November 12, 2018.”
After the re-listing announcement by Coincheck, price went straight up, while NEM gained over 60% against the USD. Price tested the $0.15 high, but then immediately corrected back down. Currently XEM/USD is trading at $0.094, after rejecting the 61.8% Fibonacci support. Although the spike below the support has been produced, it managed to close above. This might suggest the strength of the XEM coin, and as long as support holds, price is likely to increase.
However, considering the collapse of the Bitcoin, NEM also remains in the risk territory. Further decline towards $0.086 Fib support, or even down to $0.08 psychological support is to be expected.
ChainLink gaining 300% while Bitcoin is crashing>>> “Thumbs up” and “Likes” are always appreciated! <<<
Introduction to Chainlink
Chainlink is a decentralized oracle network. Decentralized oracles connect and access smart contracts to any external, off-chain data data in a trust-less way. It's accompanied by following the rules of a protocol that incentivizes all nodes to tell the truth and punishes them for lying. Chainlink is considered to be one of the top blockchain technologies which provides highly secure and reliable oracles.
Introduction to Wanchain
Wanchain has set out to change and improve the way the world does financial transactions. It aims to track digital currency transactions on different ledgers.
Partnership
On the November 10, Wanchain announced about the integration and partnership with Chainlink. The implementation of Chainlink oracle, that is currently in Beta, will bring access to information typically stored off-chain such as payment gateways (VISA, PayPal), data feeds for any sort of information. The most common concepts where oracles can be integrated are:
1. Prediction Markets
2. Crowdfunding
3. Finance
4. Insurance
5. Identity
6. Gambling
The possibilities for this technology are very broad; from simple things like random number generation to a very complex and sophisticated processes. Certainly, the oracle solution would increase reliability, transparency, and interoperability to many institutions.
Why Chainlink?
Wanchain chose to work with Chainlink over other oracle providers for several reasons. First, Chainlink is running a decentralized network of oracles which creates an ecosystem providing safety and reliability. Also, as Wanchain seeks to create an exceptional experience for developers looking to build cross-chain applications,
Chainlink is the perfect fit as it is known for being easy to use, safe and reliable. Also, while Wanchain seeks to make it a developer friendly platform which is open for cross-chain application. The goal is to be able to interconnect different blockchains and traditional financial world. This makes integration with Chainlink extremely beneficial for both parties.
Market reaction
Disregarding the crash of the Bitcoin, ChainLink price remained very stable. In fact, since July, LINK/USD has been on a steady rise, gaining 300% over the USD. It is one of the very few coins where the uptrend has been so stable. Nevertheless, several days after the announcement of the partnership with Wanchain, LINK has reached the resistance at $0.64, that is 61.8% Fibonacci level. The rejection has been very clean, suggesting an upcoming downside correction.
Risk
Therefore, as long as resistance is holding price should go through a correctional or a consolidation phase. It could result in a price decline towards:
First support: $0.41 (78.6% Fibs)
Second support: $0.27 (88.6% Fibs)
Third support: $0.16 (Previous low)
Potential
On the upside, if the resistance will be taken out, more gains might come as a result. Resistance levels to watch are:
First resistance: $0.8
Second resistance: $0.96 (or $1 psychological level)
Third resistance: $1.16
Summary
All-in-all, fundamental news could have already been already fully reflected on the price as resistance is being rejected. But break above, would imply a much bigger growth potential for the ChainLink.
>>> Don’t forget to push the “Like” <<<
Tron (TRX) partners with a 3D gaming platform - NewWorld______ Hit a like button to unlock super content ______
Yesterday, Justin Sun made an announcement to the Crypto Community that Tron (TRX) had partnered with NeoWorld. In the tweet he explained how the partnership would work out in the 3D Virtual Reality world created by NewWorld. Here is the link to the tweet
twitter.com
Partnership
NeoWorld is a bockchain based multiplayer online virtual reality world. In this 3D players can explore new frontiers, create skylines, pursue careers, build wealth and so on. The idea of a virtual world brings about the question as to which type of cryptocurrencies can be used. Since NewWorld is similar to the real world, we might not be surprised to learn that TRX can be used to buy and sell land as well as buildings in the virtual world.
TRX and Gaming
This partnership could be great for Tron, and in some way technical analysis could help to establish the direction of the Tron coin against the cryptocurrency giant – the Bitcoin. In one of our previous ideas we already mentioned about TRX getting involved more and more into the gaming industry. According to that idea, TRX/USD already broke above the resistance, showing potential strength over the USD. ()
Support
Lets analyze Tron against the Bitcoin and see if it also offers any sort of upside potential. TRX/BTC clearly is moving within the ascending channel, where the uptrend trendline is being rejected. At the same time the 38.2% Fibonacci support is holding, as price failed to close below this level (351 satoshis). But it has established a low at 341 satoshis, which is the level to watch at this point. If broken, TRX is likely to drop further, and test 316 satoshis support.
Target
On the other hand, while the support is holding, TRX trend will remain up. On the 7th of October, TRX/BTC broke and closed above the 200 Moving Average, then corrected down and rejected the Fib support. Price still producing higher highs and higher lows, and considering above-mentioned facts, one can assume the ongoing validity of an uptrend. Nearest upside target is located at 88.6% Fibs, that is 470 satoshis level – a 30% growth potential.
Summary
Now, as price approached the uptrend trendline again, the volatility might increase, which will either result in a break below the support or continuation of an uptrend. In either case, it is worth following the TRX/BTC price action in the coming days.