ocean retestocean is set up to bounce of the trendline for a retest and regain of strength if the bounce is confirmed long position i will update with targets
Artificial_intelligence
Nvidia -> The Final ConsolidationHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe you can see that over the past 150 days Nvidia stock is actually up about 200% and is therefore definitely ready for a short term correction.
You can also see that we do have the next previous resistance zone which is now turned support exactly at the $325 area so I am now just waiting for Nvidia to actually retest this zone and then I do expect more continuation towards the upside.
On the daily timeframe you can see that Nvidia stock is currently stuck in between support and resistance - nothing too interesting for now, I am just waiting for a break below the previous support area at $375 and then I do expect Nvidia to fill the gap and retrace back to the $325 level.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
AI - worth a watchThis is a stock I've recently bought, based on the technical readings alone. Fundamentally it may not be worth a long term hold, but I do believe it's a good trade opportunity. As you can see we had a falling wedge and breakout on the weekly with weekly bullish divergence on the RSI. We are currently over the 18 on the week , so bias is up. However, we also just reached the weekly BB, so some resistance here is to be expected. If they can hold 12 dollars, this may get a bounce to at least 20 and if it really takes off, 34 and possibly 50. There's no volume but it does seem to be finishing a base here. I can't guarantee if this is an area to buy, but I do recommend this stock as a watch in 2023.
PATH - Rising Volume Lifts PricesOn the 4H chart PATH was on a trend down in April. The strength momentum ( green band) was
in a narrow range. In May as can be seen on the indicators, both volume and more especially
volatility have increased significantly. The chart pattern is now that of an upward facing
megaphone reflecting the volatility. The strength momentum band is much wider. Price
is above the POC line of the volume profile reflecting a bullish dominance. Fundamentally,
PATH is a player is the exploding AI subsector. Cathie Wood is quietly accumulating shares for
her ETFs as are many other large portfolio investors. In summary, PATH appears to be
an excellent long setup. Sitting in the shadows of NVDA, MU, TSM and others whose focus is
hardware, PATH provides software and services it. Its path to hypergrowth and so price
appreciation appears to be abundantly clear.
AI C3.ai Options Ahead of EarningsAnalyzing the options chain of AI prior to the earnings report this week,
I would consider purchasing the 35usd strike price Calls with
an expiration date of 2023-7-21,
for a premium of approximately $6.20.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
AI is the meme of 2023. This is $AI stock. SimpleWith only a 3 billion market cap this stock has potential to rocket from retail money. Love the ticker. This stock has already had a huge rally this year and I expect it to continue and become a new meme stock of sorts, fueled by hype for the AI sector. Target is 109, the price it reached on it's IPO day.
ASML makes the technology that makes semiconductorsASML is shown here on the one-hour chart as having a great quarter with consecutive favorable
earnings It has moved above the blue volume trading range on the profile. The accumulation
distribution indicator shows persistent and high accumulation. The volume heat map shows
recent heat volume spikes. Since ASML has products essential to chip- manufacturing and is the
leader in its field it is very well positioned for the AI boom that is underway according to all
the chatter. ASML is one of the IBD Top 50 tech stocks. If the chart is zoomed out, there is a
rising wedge which might be a bit of bearish bias. Overall, I see this as a long setup worth
buying.
Artificial Intelligence (AI) play on the verge of a breakout- Increasing volume/accumulation
- Hot sector (AI)
- Upcoming catalysts
VANCOUVER, BC, May 12, 2023 (GLOBE NEWSWIRE) -- Nextgen Food Robotics (NEO: NGRB OTC: NGRBF) is pleased to announce that it is making significant progress on the development of its proprietary “Lily” app.
Nextgen anticipates that the app will be completed in the next 60 days and at that time will be potentially connected to 10,000 restaurants and grocery stores.
Nextgen Food Robotics AI powered super app codenamed "Lily" could revolutionize the way people order food and grocery shop. "Lily" uses natural language processing to create humanlike conversational dialogue allowing the app to learn users behavior. "Lily" is being built with its own AI language processor and will not be required to link into ChatGpt for natural language implementation or data points.
AI, coming to lifeIf you find this info inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better!
In since $21.
Taking some off here and looking for a retrace to add.
At some previous consolidation now,
break this and $42 is the next congested area.
Hype can send this, hype has sent many things...that eventually came crashing down...
Cheers!
Render multi timeframe analysison the 4hr tf we have a head and shoulders that i believe we will retest the neckline and go short on the tf we have a tower pattern also sending us short
$VRA Technical Chart - Matter of TimeVerasity - whether you believe in the artificial intelligence narrative or not, you may be sleeping on a giant. My question to you would be - did you predict the NFT narrative and invest in solana at $1 ? The obvious answer is likely not early enough. Whether we believe in AI or not, it is coming. With every crypto cycle, investors and traders love a new and exciting narrative. Do I believe in Verasity 10 years from now, maybe not. But if I've learned one thing in my 7 years of crypto, is that you should be able to identify strong assets with the new and shiny buzz prior to a bull market. In my opinion, that is $VRA.
As for the current chart -
We, in my opinion, are seeing a form or re-accumulation that mat look like a dying out coin that is lackluster and un-volatile. This can be said about many, sound asset, technical charts as of today's date. We have seen this before.
The excitement of the run from 0.002 to 0.01 was pre-mature, in other words the market was not ready for the bull market. A classic bull trap the retraced almost fully. This sets the stage for re-accumulation, where the second set of 'smart money' gets involved before it's too late.
VRA has lost a critical S/R level at just over 0.006 - this level I've zoned out in the green box is also denoted on the volume profile as the Point of Control (POC). Meaning, the market perceives this price point as an important level to trade at, for whatever reason. Losing this is bearish, but reclaiming it is very strong.
My current thoughts is yellow is our zone or re-accumulation - with flexibility. I think deviations to the downside are to be expected, and the likely scenario. If a swift reclaim of yellow zone is the case, thenmost certainly I see this as a form a re-accumulation - this follows the criteria for RA precisely.
If we lost yellow for an extended period of time, it leads me to believe this bear market is no where close to being finished, which is certainly possible. I think we are in the 'depression' phase which is still a form of accumulation, so it is not to be ignored.
Volume declining until it isn't, it will pop and when it does it means the market is getting involved again on a macro level. Something we need to watch, absolutely.
Reclaim green, hold, consolidate, push higher, bull market is back on in my opinion. Until then, I will be accumulating this digital asset.
Do your own research, manage your own risk.
Cheers,
Vatsik
AMD -> Uptrend Will ContinueHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe you can see that AMD is actually approaching a quite nice previous weekly support/resistance area which is now turned resistance again.
You can also see that weekly market structure is beautifully bullish, AMD is always creating new higher highs and higher lows, so I am now just waiting for a short term rejection away from the resistance before I then do expect more upside potential.
On the daily timeframe you can see that AMD is showing some rejection at the $110 level which was also previous daily resistance, so I am now just waiting for a retest of the $98 level before I then do expect a new fresh rally towards the upside from there.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
SOUNDHOUND SOUNHi Folks,
SOUNDHOUND SOUN presents a quite interesting chart pattern.
• A big move in the past 1-3 months anywhere from 30%-100% the rally last for a few days to weeks.
• Stock is above ema 200
• Orderly consolidation with higher lows & tightening range:
• RDM, VCP
• Stocks surfs the rising EMA 10 or the EMA 20, and sometimes the EMA 50
• Volumes are significative compared to previous phase
• Volumes dry up at the end of the consolidation
• Volumes are strong during the breakout
• ADR is high
Does it also "Sounds" good to you ?
BOTZ - The Age of AiHello Team,
Here we have a high-quality diverse ETF focused on Robotics and Ai.
In current market trends, Ai & Robotics are at the forefront of discussion and growth prospects.
Technicals: We can see that the monthly MACD gas recently flipped bullishly and we are getting strong buying pressure off of the accumulation zone.
Enjoy!
The language learning app Duolingo continues to outperform As tech related stocks break out higher, DUOL is another one not followed by many that needs to be watched.
While the company is yet to put in a profitable year, its revenue has grown from 71mn in 2019 to 369mn in 2022. GP margins remain very strong but NI is yet to turn positive.
Its total cash position has grown from 60mn in 2018 to 608mn in 2022, giving the company ample cash for expansion.
Current ratio is around 3.64 as of Dec 2022.
Very limited long term debt.
Cash per share is $15.63
Technically, the stock remains in a well established stage 2 uptrend where good pull backs on low volume could be considered as buying opportunities.
With the company expected to grow its revenue by another 37% this year and its losses to shrink further and put the company closer towards profitability, DOUL continues to be a solid growth stock.
AIDoge : Make Money from MEME's 🤖Hi Traders, Investors and Speculators of Charts📈📉
MEXC:AIDOGEUSDT BITGET:AIDOGEUSDT OKX:AIDOGEUSDT.P
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year 🏫
AiDoge is a new crypto project that strives to solve the need for exciting memes that drive engagement. As a result, it offers an AI platform that allows users to buy credits with the native crypto, NYSE:AI , and use them to generate memes. By typing prompts into the system, the AI behind it interprets your request and generates an appropriate meme. With this unique utility fully described in the official whitepaper, AiDoge has effectively combined two popular trends in the crypto world — memes and AI. No other coin has managed to do the same, not even ArbDoge AI, a similarly designed crypto that lacks the utility aspect of AiDoge.
AiDoge wants to create an entire community behind the project, and it aims to achieve this by rewarding both those who stake and vote. Once you buy NYSE:AI tokens, you can stake them to gain daily rewards in the form of the same token. Moreover, you can vote on memes other users have created. In turn, this yields you more tokens and rewards the best meme creators. Other similar projects have also gained popularity and increased in value, including Pepe Coin and Wojak. If you’ve missed these pumps, AiDoge might be the next big thing for you. It certainly has more promise than many other cryptos from the past.
As more people realize its potential, artificial intelligence is expanding . Now, with AiDoge, it has entered the crypto market. AiDoge was built on the Ethereum blockchain as a memecoin. The AI-driven meme creator is set to be widely adopted in advertising and marketing sectors due to its ability to create high-quality memes that are also unique. The thing that could potentially give this coin value is the fact that anyone can use their creativity to create memes and be recognized in the community for their efforts. This means that creating memes will be done in moments and will be displayed publicly. The creators who make the best memes will be rewarded for it. Furthermore, the platform is user-friendly and easy to use, which will be extremely helpful for beginners searching for a meme coin to begin their investing/speculation journey.
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CryptoCheck
Growth of at least ➕35% ChainGPT(CGPT)by Falling Wedge pattern🚀The ChainGPT was able to complete the falling wedge pattern near the support zone.
ChainGPT broke the upper line of the falling wedge pattern.
Also, we can see Regular Divergence(RD+) between two consecutive valleys.
I expect that CGPT will grow by at least ➕ 35% .🚀
ChainGPT Analyze ( CGPTUSDT ), 4-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Pearson down 11% on AI worriesIf AI is eating your lunch, your company better have a good strategic plan to adjust and create new revenue streams.
This is classic Marketing myopia, e.g. US railways, in mid 20th century, saw market share eroded by the airlines. That's because railroads never saw themselves in the transportation business, and limited themselves themselves by thinking they were in Railroads alone.
Pearson has had to deal with all sorts of changes, especially technology, and I'm sure they will have a strategic plan.
Technicals: Bearish reversal now under 50 weekly EMA, but volume isn't high so early days. Below 756 would confirm a new downtrend.
Chainlink Long Play - 400% Gain Potential - FUTURE OF AI AND IOT
Entry Price: $7.30
Resistance 1: $9.37
Resistance 2: $19.00
Resistance 3: $34.00
As a financial analyst with a focus on cryptocurrency markets, I have conducted a number of analyses on Chainlink and offer an updated perspective on the asset's recent price action.
Chainlink has demonstrated a struggle to breach the same 77% range horizontal channel, delineated by a shaded orange band, throughout the past year. Should the asset surpass the pink diagonal line, we may witness sufficient strength to advance toward the next resistance level of $9.37, thereby representing a 33% increase. I estimate that this move may occur within 31 days, culminating at the end of May 2023.
Major resistances may not arise until the 19 and 34 dollar range, indicating an approximate price increase of 175% and 400% from present levels, respectively. In my assessment, these projections are not beyond the realm of possibility. In fact, considering past price action and current adoption rates, I posit that these estimates are exceptionally conservative.
Over the past three years, Chainlink has remained among my preferred assets and I perceive its potential to burgeon as undeniable. Therefore, I advise investors to consider incorporating Chainlink into their portfolios at this time.
Chainlink (LINK) is a cryptocurrency that provides a decentralized oracle network that enables different blockchains to communicate with each other through cross-chain interoperability. The technology provides secure cross-chain applications that allow data and tokens to move across cross-chain smart contracts. The cryptocurrency has shown a strong bullish trend, and the technical analysis indicates potential price targets of $9.37, $19.00, and $34.00. Moreover, the blockchain-agnostic oracle network has the most widely adopted oracle network in DeFi, providing the highest quality data that is resistant to manipulation. As blockchain oracles continue to reduce switching costs and meet security requirements for enterprise use cases, Chainlink is in a strategic position to benefit from the blockchain technology's adoption by global enterprises and governments.
INTC starting new upward trendIntel stock is retesting multi-year support, showing a local triple-bottom. It just broke out of resistance, is retesting it as support. If the red resistance lines holds up as support, INTC could quickly reclaim 50-60. Value in this business is being helped along by technology advances and domestic stimulus. Explosion of AI softwares incentivizes chip development as does domestic stimulus in chip manufacturing. AI tailwind meets "Buy American".
IMGNAI to the moon?RISK/DISCLAIMER
As you are aware, many tokens have rug pulled in the past. This token may even rug pull, but I don't think it will. The developers have not been doxed and remain anonymous. Additionally, I have not been paid in any way to promote this token. Remember to always do your own due diligence.
Consumer Level AI NSFW Content is Here!
The new trend in cryptocurrency is AI, and we are just at the beginning. IMGNAI has already developed a functioning product that has produced phenomenal results. I encourage you, the reader, to try it out on their Discord server (link available on their website). Currently, it is relatively illiquid due to limited listings. However, there is a Huobi listing in the works according to on-chain activity, and it is likely that other high-tier exchanges will follow, given the quality of the product. It can generate many things including NSFW content, your imagination is the limit literally speaking.
Currently, there are eight models available that can be prompted to generate content (as listed on their Gitbook)
/nai - Our base model, /nai, is trained on the most popular anime art styles. This model is optimized for fun and flexibility so you can input detailed or basic prompts and generate a near-infinite range of beautiful, anime-inspired art.
/real - Our /real model lets you create photo-quality realism with incredible prompt responsiveness. From photo-realistic portraits to believable animal hybrids, make your imagination a reality with our /real model.
/hyper - /hyper was built to bridge the gap between digital renders and photo-realism. From detailed 3D renders to lifelike realism, hyper has all the rizz.
/cin - Our cinematic model is trained on rich textures and cinematic lighting. This model is among the first in the world to produce perfect dark, and is capable of stark lighting contrasts. We recommend selecting “wide” image dimensions with /cin for best results.
/art - Our /art model is designed to produce detailed images with a high degree of artistic flair. Include your favorite artist or art style in the prompt for best results.
/ani - A community favorite, /ani is trained on classic anime and produces lush, detailed anime images. Create anime art or bring the waifu of your dreams to life with our /ani model.
/cgi - Derived from our realism training set, /cgi produces highly detailed digital renders with a high degree of prompt responsiveness.
/fur - Fur is trained on classic anime art styles with a furry twist. It can produce anthropomorphic animals, beautiful fursonas, and a range of fictional characters. Be aware, this model can be quite nsfw.
At the time of this post, only /nai, /ani, and /fur have NSFW content generation. /real is coming soon to beta access. It's going to disrupt the adult content industry, imo. Image Generation AI (IMGNAI) is potentially in process of repeating the same type of pattern that happened earlier. Kaspa actually just did something similar as well, infact it overshot. I believe IMGNAI has similar potential.
Should be noted that all altcoins follow a form of the BTC pattern depending on their respective supply ratios.
For example BTC 1M chart next to 1D chart of KASPA
or BTC 1M chart next to 1D chart of IMGNAI
or BTC 1M chart next 2W chart of LTC (LTC had already caught up, soo BTC had to get ahead for it to catch up again, soon that will happen for the CBDC bullrun)
It's all programmed, and the longer BTC exists the harder newer coins with little price history pump; because they have more distance to catch up.
Some background (from their website):
ImgnAI is a crypto-native team with one goal: to build a new leader in consumer AI. We aim to push the boundaries of what’s possible and create products that allow users to have fun while exploring the full range of their imagination.
Our flagship product, Nai, is an AI-powered text-to-image bot that’s currently compatible with Telegram and Discord. We offer seamless UI and 8+ custom image models with ever-increasing quality. Nai allows users to bring their imagination to life regardless of artistic ability.
While we’re initially focused on image generation, ImgnAI is built to be so much more.
In the coming months and years, we’ll drastically expand our image generation tooling and launch new, innovative product verticals in the realm of consumer AI. Our roadmap includes products and key partnerships for crypto-natives and no-coiners alike.
But what does the $IMGNAI token do (from their website):
$IMGNAI TOKEN
$imgnAI is our primary utility token and plays a key role in our growing ecosystem. Soon, the token will be used to unlock premium features (HD/4K resolution, upscaling, NSFW models, etc) and mint user generations directly as NFTs.
Spent tokens across Premium and NFT tooling will be burned, thus deflating the total supply of $imgnAI.
The token will also be given a range of important utilities as we build out our ecosystem and launch new product verticals in the field of consumer AI.
In addition to ecosystem utility, we aim to decentralize governance of imgnAI via the $imgnAI token. Decentralization can be accomplished by providing governance and voting power to $imgnAI stakers as part of the imgnAI DAO operating policies.
We look forward to rolling this out and moving imgnAI toward true decentralization in the future.
At this time, we also offer access to unreleased beta models to those holding at least 100k $imgnAI.
In this way, our stakeholders contribute significantly to the development of new image models and future products.
Summary:
I think it's undervalued at it's present marketcap, and with liquidity from the future listing, and all the updates; and due to it being a solid product; it should be valued at least at 500M - 1.2B+; the pattern says something similar. Price "can" 50x-100x+ or so from here. :O I think it's justifiable to grab a suicide stack of 100,000 IMGNAI.
Website: imgnai.com
Market Cap: $15,471,757
Fully Diluted Valuation: 19,916,443
Circulating Supply: 776,833,333
Total Supply: 1,000,000,000
Max Supply: 1,000,000,000