SCHL Scholastic Corporation Options Ahead of EarningsAnalyzing the options chain and the chart patterns of SCHL Scholastic Corporation prior to the earnings report this week,
I would consider purchasing the 40usd strike price Calls with
an expiration date of 2023-12-15,
for a premium of approximately $3.10.
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.
Buysell
CRBU Caribou Biosciences Options Ahead of EarningsAnalyzing the options chain and the chart patterns of CRBU Caribou Biosciences prior to the earnings report this week,
I would consider purchasing the 5usd strike price in the money Calls with
an expiration date of 2023-9-15,
for a premium of approximately $0.85.
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.
APT Aptos Price Target after Court approves FTX LiquidationGiven the recent developments in the crypto space, there are several factors that point towards a bearish outlook:
FTX Liquidation of $3.4 Billion in Crypto Assets: The approval by the Delaware Bankruptcy Court for FTX to liquidate $3.4 billion in crypto assets is a significant event. This influx of a substantial amount of cryptocurrency into the market could potentially lead to an oversupply situation. When a large amount of assets is dumped into the market at once, it can put downward pressure on prices.
Limited Sales in the First Week: The imposed limit of $50 million for the first week indicates a controlled release of these assets. This may imply that FTX anticipates potential market disruption if a large volume is sold at once. However, even with controlled release, the market could still experience downward pressure.
Potential for Increased Limits: The provision for increasing the limit with the approval of the creditors’ committee and ad hoc committee, or potentially even up to $200 million weekly with court approval, shows that there's room for further selling pressure in the coming weeks.
Binance US CEO Resignation: The resignation of Binance US President and CEO, Brian Shroder, could potentially signal internal challenges within the exchange. Leadership changes in major crypto exchanges can lead to uncertainty and can impact market sentiment.
Asset List: The assets listed for liquidation include some of the major cryptocurrencies in the market such as Bitcoin, Ethereum, WBTC, WETH, USDT, SOL, XRP, STG, APT, BIT, DOGE, MATIC, FTT, TON and more. If a significant portion of these assets are sold off, it could have a widespread impact on the market.
Market Sentiment and Confidence: These events combined might lead to a loss of confidence in the crypto market, especially if investors perceive them as signs of instability or potential oversupply.
Regulatory Considerations: The fact that a bankruptcy court is involved in this process highlights the regulatory environment surrounding cryptocurrencies. Heightened regulatory scrutiny or intervention can have a dampening effect on the market.
Considering the above, my Price Target for APT Aptos is $3.10.
Looking forward to read your opinion about it.
SOL SOlana Price Target after Court approves FTX LiquidationGiven the recent developments in the crypto space, there are several factors that point towards a bearish outlook:
FTX Liquidation of $3.4 Billion in Crypto Assets: The approval by the Delaware Bankruptcy Court for FTX to liquidate $3.4 billion in crypto assets is a significant event. This influx of a substantial amount of cryptocurrency into the market could potentially lead to an oversupply situation. When a large amount of assets is dumped into the market at once, it can put downward pressure on prices.
Limited Sales in the First Week: The imposed limit of $50 million for the first week indicates a controlled release of these assets. This may imply that FTX anticipates potential market disruption if a large volume is sold at once. However, even with controlled release, the market could still experience downward pressure.
Potential for Increased Limits: The provision for increasing the limit with the approval of the creditors’ committee and ad hoc committee, or potentially even up to $200 million weekly with court approval, shows that there's room for further selling pressure in the coming weeks.
Binance US CEO Resignation: The resignation of Binance US President and CEO, Brian Shroder, could potentially signal internal challenges within the exchange. Leadership changes in major crypto exchanges can lead to uncertainty and can impact market sentiment.
Asset List: The assets listed for liquidation include some of the major cryptocurrencies in the market such as Bitcoin, Ethereum, WBTC, WETH, USDT, SOL, XRP, STG, APT, BIT, DOGE, MATIC, FTT, TON and more. If a significant portion of these assets are sold off, it could have a widespread impact on the market.
Market Sentiment and Confidence: These events combined might lead to a loss of confidence in the crypto market, especially if investors perceive them as signs of instability or potential oversupply.
Regulatory Considerations: The fact that a bankruptcy court is involved in this process highlights the regulatory environment surrounding cryptocurrencies. Heightened regulatory scrutiny or intervention can have a dampening effect on the market.
Considering the above, my Price Target for SOL Solana is $14.30.
Looking forward to read your opinion about it.
CPRT Copart Options Ahead of EarningsA small leg up before the Head and Shoulders bearish Chart Pattern gets completed.
Analyzing the options chain and the chart patterns of CPRT Copart prior to the earnings report this week,
I would consider purchasing the 45usd strike price Calls with
an expiration date of 2023-9-15,
for a premium of approximately $0.72.
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.
SMTC Semtech Corporation Options Ahead of EarningsAnalyzing the options chain and the chart patterns of SMTC Semtech Corporation prior to the earnings report this week,
I would consider purchasing the 26usd strike price Calls with
an expiration date of 2023-9-15,
for a premium of approximately $0.73.
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.
BBY Best Buy Co Options Ahead of EarningsIf you haven`t bought BBY here:
Then analyzing the options chain and the chart patterns of BBY Best Buy Co prior to the earnings report this week,
I would consider purchasing the 77.50usd strike price Calls with
an expiration date of 2024-6-21,
for a premium of approximately $3.80.
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.
BURL Burlington Stores Options Ahead of EarningsAnalyzing the options chain and the chart patterns of BURL Burlington Stores prior to the earnings report this week,
I would consider purchasing the 180usd strike price Calls with
an expiration date of 2023-9-1,
for a premium of approximately $5.90.
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.
BBWI Bath & Body Works Options Ahead of EarningsAnalyzing the options chain and the chart patterns of BBWI Bath & Body Works prior to the earnings report this week,
I would consider purchasing the 38.5usd strike price Calls with
an expiration date of 2023-8-25,
for a premium of approximately $0.87.
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.
COTI Coin is considered a security by the SECRecently, the U.S. Securities and Exchange Commission (SEC) classified COTI (COTI Coin) as a security. This means that COTI, the native cryptocurrency of the COTI network, is now subject to securities regulations and requirements imposed by the SEC.
The decision to categorize COTI as a security by the SEC signifies that it is considered an investment contract, representing ownership or participation in the COTI project or platform. Consequently, COTI will need to comply with applicable securities laws, which may include registration, reporting, and other regulatory obligations.
This classification by the SEC highlights the increasing attention and oversight of cryptocurrencies, particularly those that possess features resembling traditional securities. Companies and individuals involved in the cryptocurrency industry must remain informed about regulatory developments and ensure compliance with relevant laws to operate within the bounds of the law.
My price target for COTI is the next strong support, $0.038.
Looking forward to read your opinion about it!
Shib August 2023 prediction update, Alien🛸Edition.BINANCE:SHIBUSDT
COINBASE:SHIBUSD
BINANCE:SHIBEUR
CRYPTOCAP:SHIB
Hola Shib fans I'm here to give you another rendition of my crazy wild predictions.
Preying I don't break the internet with this update.
Well there is good news and a little somewhat bad news, as we near closing on the day chart as of 8/14/2023.
Shib took a major lost and is at a potential to lose more without support in the coming weeks till August 21.
Note: It is salvageable but hard to do.
Shib still has a capping issue, it's a likelihood that it will fall to the 0.00000950's if support is not available by 8/16/2023, but hopefully that won't be the case, in fact I am counting on it to fall to give it more breathing room to make another big run to the 0.00001500 or more by Aug 21st due to Shibarium gaining support, but shib needs to be at the 0.00001200 by 8/16.
For now It'll need to rise and it may not go no higher which will allow the day chart to lower down well enough to make an additional capping space for shib to move up once more to the 0.00001400 locking shib in at that range and allow it to move higher.
There has been two mistakes made in the day chart back in Jan 2023 of this year.
Shib moved too high too fast an it forced itself to reach the market high day wall - these are based on the limited support or the amount purchased by rallies and whaling activity, without it - shib as no choice but to relieve itself of that pressure. So everytime shib made it to the peak of the daily chart.
Shib would lose a considerable amount of momentum and shib lose the overall support in rushing to the 0.00001800 range, and with the addition of low support or sell-offs - Shib slowly but surely crash back down to the 600 to 540 range of this year.
So sadly we maybe making the same mistake twice in one year.
Shib can never get above the 2000 mark - because Shib is always hitting an invisible wall forcing the crypto to crash back down to the lower 900 range and stealing a zero, like swimming in a frozen lake and you can't break the ice wall above you to breath.
So in conclusion
-
I blame 👽Aliens for this , - that's right 👽ALIENS - little green men, who came from crypto space and they wanna keep Shib down, they did it - they took our cows, they took our families, hell they even took our jobs, now they taking away shib success run with a market cap wall, that's where we shib-fans draw the line.
Set your auto-sell date Shib-fans cause this ain't over, not by a long shot!!
All jokes aside we can save this we just have to maintain the up run we have so far.
FTCH Farfetch Limited Options Ahead of EarningsIf you haven`t bought FTCH`s Double Bottom here:
Then analyzing the options chain and the chart patterns of FTCH Farfetch Limited prior to the earnings report this week,
I would consider purchasing the 5usd strike price at the money Calls with
an expiration date of 2024-1-19,
for a premium of approximately $1.06.
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.
MCD McDonald's Corporation Options Ahead of EarningsIf you haven`t sold MCD Head and Shoulders here:
Or reentered here:
Then analyzing the options chain and the chart patterns of MCD McDonald's Corporation prior to the earnings report this week,
I would consider purchasing the 300usd strike price Calls with
an expiration date of 2023-8-18,
for a premium of approximately $3.75.
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.
POOL Corporation Options Ahead of EarningsAnalyzing the options chain of POOL Corporation prior to the earnings report this week,
I would consider purchasing the 350usd strike price Puts with
an expiration date of 2023-8-18,
for a premium of approximately $12.30.
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.
AXS Axie Infinity and the Altcoin Season ThesisIf you haven`t sold the speculative bubble:
Then you should know that the recent developments in the cryptocurrency market, particularly the favorable court ruling for Ripple Labs, signal an optimistic start to a new altcoin season.
With the federal judge ruling that some of Ripple's sales of the XRP token do not fully meet the definition of a securities offering, it instills confidence in the altcoin space.
This ruling brings clarity to the regulatory landscape and alleviates concerns surrounding XRP, leading to major cryptocurrency exchanges, including Coinbase, relisting the token. The reintroduction of XRP to these platforms demonstrates growing acceptance and renewed interest in this altcoin.
The anticipation surrounding the approval of a spot bitcoin ETF in the United States adds to the positive sentiment in the market.
The successful launch of a previously approved ETF in Europe further reinforces the upward trend for altcoins.
The recent court ruling that declared XRP as not a security sets a precedent that could potentially benefit other cryptocurrencies currently classified as securities by the SEC. In the SEC's case against Binance, they designated 10 cryptocurrencies, including BNB, BUSD, SOL, ADA, MATIC, ATOM, SAND, MANA, AXS, and COTI, as securities.
Additionally, in the SEC's lawsuit against Coinbase, they named 13 cryptocurrencies, reinforcing their stance on SOL, ADA, MATIC, SAND, and AXS, and adding CHZ, FLOW, ICP, NEAR, VGX, and NEXO to the list.
This development showcases the increasing institutional acceptance of cryptocurrencies and creates a ripple effect across the market, providing a boost for various altcoins, including AXS Axie Infinity, for which my price target is $8.00.
Looking forward to read your opinion about it!
MANA Decentraland and the Altcoin Season ThesisIf you haven`t sold MANA here:
Then you should know that the recent developments in the cryptocurrency market, particularly the favorable court ruling for Ripple Labs, signal an optimistic start to a new altcoin season.
With the federal judge ruling that some of Ripple's sales of the XRP token do not fully meet the definition of a securities offering, it instills confidence in the altcoin space.
This ruling brings clarity to the regulatory landscape and alleviates concerns surrounding XRP, leading to major cryptocurrency exchanges, including Coinbase, relisting the token. The reintroduction of XRP to these platforms demonstrates growing acceptance and renewed interest in this altcoin.
The anticipation surrounding the approval of a spot bitcoin ETF in the United States adds to the positive sentiment in the market.
The successful launch of a previously approved ETF in Europe further reinforces the upward trend for altcoins.
The recent court ruling that declared XRP as not a security sets a precedent that could potentially benefit other cryptocurrencies currently classified as securities by the SEC. In the SEC's case against Binance, they designated 10 cryptocurrencies, including BNB, BUSD, SOL, ADA, MATIC, ATOM, SAND, MANA, AXS, and COTI, as securities.
Additionally, in the SEC's lawsuit against Coinbase, they named 13 cryptocurrencies, reinforcing their stance on SOL, ADA, MATIC, SAND, and AXS, and adding CHZ, FLOW, ICP, NEAR, VGX, and NEXO to the list.
This development showcases the increasing institutional acceptance of cryptocurrencies and creates a ripple effect across the market, providing a boost for various altcoins, including MANA Decentraland, for which my price target is $0.50.
Looking forward to read your opinion about it!
SAND Sandbox and the Altcoin Season ThesisIf you haven`t sold SAND here:
or bought it back here:
Then the recent developments in the cryptocurrency market, particularly the favorable court ruling for Ripple Labs, signal an optimistic start to a new altcoin season.
With the federal judge ruling that some of Ripple's sales of the XRP token do not fully meet the definition of a securities offering, it instills confidence in the altcoin space.
This ruling brings clarity to the regulatory landscape and alleviates concerns surrounding XRP, leading to major cryptocurrency exchanges, including Coinbase, relisting the token. The reintroduction of XRP to these platforms demonstrates growing acceptance and renewed interest in this altcoin.
The anticipation surrounding the approval of a spot bitcoin ETF in the United States adds to the positive sentiment in the market.
The successful launch of a previously approved ETF in Europe further reinforces the upward trend for altcoins.
The recent court ruling that declared XRP as not a security sets a precedent that could potentially benefit other cryptocurrencies currently classified as securities by the SEC. In the SEC's case against Binance, they designated 10 cryptocurrencies, including BNB, BUSD, SOL, ADA, MATIC, ATOM, SAND, MANA, AXS, and COTI, as securities.
Additionally, in the SEC's lawsuit against Coinbase, they named 13 cryptocurrencies, reinforcing their stance on SOL, ADA, MATIC, SAND, and AXS, and adding CHZ, FLOW, ICP, NEAR, VGX, and NEXO to the list.
This development showcases the increasing institutional acceptance of cryptocurrencies and creates a ripple effect across the market, providing a boost for various altcoins, including SAND Sandbox, for which my price target is $0.60.
Looking forward to read your opinion about it!
ATOM Cosmos and the Altcoin Season ThesisThe recent developments in the cryptocurrency market, particularly the favorable court ruling for Ripple Labs, signal an optimistic start to a new altcoin season.
With the federal judge ruling that some of Ripple's sales of the XRP token do not fully meet the definition of a securities offering, it instills confidence in the altcoin space.
This ruling brings clarity to the regulatory landscape and alleviates concerns surrounding XRP, leading to major cryptocurrency exchanges, including Coinbase, relisting the token. The reintroduction of XRP to these platforms demonstrates growing acceptance and renewed interest in this altcoin.
The anticipation surrounding the approval of a spot bitcoin ETF in the United States adds to the positive sentiment in the market.
The successful launch of a previously approved ETF in Europe further reinforces the upward trend for altcoins.
The recent court ruling that declared XRP as not a security sets a precedent that could potentially benefit other cryptocurrencies currently classified as securities by the SEC. In the SEC's case against Binance, they designated 10 cryptocurrencies, including BNB, BUSD, SOL, ADA, MATIC, ATOM, SAND, MANA, AXS, and COTI, as securities.
Additionally, in the SEC's lawsuit against Coinbase, they named 13 cryptocurrencies, reinforcing their stance on SOL, ADA, MATIC, SAND, and AXS, and adding CHZ, FLOW, ICP, NEAR, VGX, and NEXO to the list.
This development showcases the increasing institutional acceptance of cryptocurrencies and creates a ripple effect across the market, providing a boost for various altcoins, including ATOM Cosmos, for which my price target is $11.15.
Looking forward to read your opinion about it!
MATIC Polygon and the Altcoin Season ThesisIf you haven`t sold MATIC here:
Then the recent developments in the cryptocurrency market, particularly the favorable court ruling for Ripple Labs, signal an optimistic start to a new altcoin season.
With the federal judge ruling that some of Ripple's sales of the XRP token do not fully meet the definition of a securities offering, it instills confidence in the altcoin space.
This ruling brings clarity to the regulatory landscape and alleviates concerns surrounding XRP, leading to major cryptocurrency exchanges, including Coinbase, relisting the token. The reintroduction of XRP to these platforms demonstrates growing acceptance and renewed interest in this altcoin.
The anticipation surrounding the approval of a spot bitcoin ETF in the United States adds to the positive sentiment in the market.
The successful launch of a previously approved ETF in Europe further reinforces the upward trend for altcoins.
The recent court ruling that declared XRP as not a security sets a precedent that could potentially benefit other cryptocurrencies currently classified as securities by the SEC. In the SEC's case against Binance, they designated 10 cryptocurrencies, including BNB, BUSD, SOL, ADA, MATIC, ATOM, SAND, MANA, AXS, and COTI, as securities.
Additionally, in the SEC's lawsuit against Coinbase, they named 13 cryptocurrencies, reinforcing their stance on SOL, ADA, MATIC, SAND, and AXS, and adding CHZ, FLOW, ICP, NEAR, VGX, and NEXO to the list.
This development showcases the increasing institutional acceptance of cryptocurrencies and creates a ripple effect across the market, providing a boost for various altcoins, including MATIC Polygon, for which my price target is $0.95.
Looking forward to read your opinion about it!
ADA Cardano and the Altcoin Season ThesisIf you haven`t sold ADA here:
Then the recent developments in the cryptocurrency market, particularly the favorable court ruling for Ripple Labs, signal an optimistic start to a new altcoin season.
With the federal judge ruling that some of Ripple's sales of the XRP token do not fully meet the definition of a securities offering, it instills confidence in the altcoin space.
This ruling brings clarity to the regulatory landscape and alleviates concerns surrounding XRP, leading to major cryptocurrency exchanges, including Coinbase, relisting the token. The reintroduction of XRP to these platforms demonstrates growing acceptance and renewed interest in this altcoin.
The anticipation surrounding the approval of a spot bitcoin ETF in the United States adds to the positive sentiment in the market.
The successful launch of a previously approved ETF in Europe further reinforces the upward trend for altcoins.
The recent court ruling that declared XRP as not a security sets a precedent that could potentially benefit other cryptocurrencies currently classified as securities by the SEC. In the SEC's case against Binance, they designated 10 cryptocurrencies, including BNB, BUSD, SOL, ADA, MATIC, ATOM, SAND, MANA, AXS, and COTI, as securities.
Additionally, in the SEC's lawsuit against Coinbase, they named 13 cryptocurrencies, reinforcing their stance on SOL, ADA, MATIC, SAND, and AXS, and adding CHZ, FLOW, ICP, NEAR, VGX, and NEXO to the list.
This development showcases the increasing institutional acceptance of cryptocurrencies and creates a ripple effect across the market, providing a boost for various altcoins, including ADA Cardano, for which my price target is $0.45.
Looking forward to read your opinion about it!
Importance of a Stop Loss🔴 A stop-loss (SL) is a limit order that specifies how much loss you are willing to take on a trade. It prevents you from making additional losses on a trading position.
🟢 A take-profit (TP) works as the exact opposite of a stop-loss. It specifies the price to close out a position for profit. When you have a take-profit order, the trading platform you are using closes your position automatically when the price level is reached.
These tools are beginner friendly and are usually effective for short term trading.
The first thing a trader should consider is that the stop loss must be placed at a logical level. This means a level that will both inform the trader when their trade signal is no longer valid, and that actually makes sense in the surrounding market structure. There are several tips on how to exit a trade in the right way. The first one is to let the market hit the predefined stop loss that you placed when you entered the trade. Another method is to exit manually, because the price action has generated a signal against your position.
I advise you to use Stop Loss for EVERY trade that you open. Trading without a Stop Loss is a huge risk and it requires specific strategy and experience.
Market Makers Buy And Sell ModelThe market Makers' Buy and Sell Model is a strategy that reveals the market maker algorithm model for price delivery.
Basically, there are 3 things market makers' algorithms do with price in every trading session, day, week, and month
Those 3 things are; Accumulation, Manipulation, and Distribution.
AMD:
A: Accumulation
M: Manipulation
D: Distribution
1. Accumulation: They accumulate liquidity through the delivery of a ranging market.
The purpose of delivering a ranging market is to induce both buyers and sellers to enter the market thinking that price will go in their direction.
How to Identify a Ranging Market: You know price is in a ranging market when you see obvious relative equal highs and lows price range.
In a ranging market, price swing points have relatively equal highs and lows, that is, the price is neither delivering a higher high nor a higher low.
2. Manipulation: After accumulating both buy and sell orders, they then manipulate the market to further induce another set of traders which are breakout traders.
But, that particular manipulation move is not their intended direction for the day. They only use it to gather liquidity, Which will then lead them to the next action which is to move and distribute prices in their real direction for the day.
Usually, when price breaks out of a ranging market, the break-out is a manipulation to further induce a new set of traders to enter the market, further proving liquidity for market makers' real intended direction.
3. Distribution: After manipulating the price to a particular direction different from their plan, they then distribute the price to their original intended direction.
e.g to buy, they will first sell the market and then buy at the discount price level.
You know a price distribution through clean candles that left imbalances behind and then break market structure away from the previous manipulation move structure high or low to form a new structure.
Example of Market Makers Buy and Sell Model as described on the chart.
AMD:
A: Accumulation
M: Manipulation
D: Distribution
Accumulation: Price range for some time, accumulating liquidity on both sides of long and shorts.
Manipulation: Price broke the high of the accumulation to take out Buyside liquidity and then create a new higher high and higher low. But it's a manipulation move.
Distribution: Price moves away from the FVG leading to a shift in market structure, plus a short pullback, follow by a massive move to the downside to take out sell-side liquidity below.
Entry: Your entry should be inside the FVG created by price before the shift in market structure, you can set a limit order inside the fvg and place your stop loss at the high of the swing high created prior to the fvg and shift in market structure.
The same thing applies to a bullish market.
Basically, Marker makers push prices higher so they can sell the market at a premium, while they sell the market to lower prices so they can buy that market at very discount prices
This strategy can be used in any time frame and all markets including forex, crypto, stocks, future etc.
Follow me for more updates.
Feel free to ask me any questions in the comment.