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FTI Technical Analysis 🧙TechnipFMC is the largest provider of integrated deep-water offshore oil and gas development solutions, offering the full spectrum of subsea equipment and subsea engineering and construction services. Additionally, the company provides various oil and gas onshore engineering and construction services, with a long-standing expertise in delivering liquefied natural gas projects. If you understand the idea,🎯 press a thumb up! 👍 Have a question? Don't be shy to ask! 🤓 Interested to study how to analyze charts, follow me!
NYSE:FTILong
by unfair_advantage
3
A currency that lets you influence you sports team decisionsThe world’s leading blockchain fintech provider for sports & entertainment Bridging consumers and sports brands through currency to elevate everyday experiences in entertainment, rewards, pre-sales etc. Socios.com allows every club that joins to generate a supply of fan tokens. This enables fans to vote on club matters such as jersey design,charities,Meet and greets and exclusive content. The AR feature allows tokens to be collected from anywhere in the world (kinda like Pokemon Go) - Fan tokens have a launch price but their value going forward in $CHZ is completely in the hands of market forces( Fan demand) - For example, FCB has as a total supply of 40,000,000 $BAR which is traded against $CHZ. - UFC : All fan token holders will be able to access UFC related offers and rewards, including tickets to UFC events or pre-sales access to tickets through this partnership - As a sports fan, the opportunity to engage with your idols is a very innovative concept. Great concept but as with everything, market will decide the success. - How does $CHZ get their value? Well, you can't get fan tokens without initially having $CHZ. So the more partners Chilliz sign up with, the greater the opportunity to expand - Burning mechanism : 20% of net trading fees from exchange will be burnt, 20% of net proceeds from NFT's will be burnt and 10% of net proceeds from Fan token offerings(FTO's) will be burnt Concerns, 1. Centralised for now but transparent transactions 2. Team holds a large share of tokens and could dump them on the market and reduce price but why would they? 3. Only 4.4Bn in circulation out of 8.8Bn. Future supply can have a downward pressure on price(inflation!). 20% in 2020 unlocked and 12% unlocked in 2021. 4. App has bugs (3.6/5 ratings) 5. Dilemma for fans. What if the coin 10X's and they value the coin more than their ability to vote on matters? 6. More teams, more chances of team dumping 7. Rank #98 crypto projects TA, - Long term trend in tact - Reduced volatility FA, - Partnerships with FC Barcelona, UFC, AS Roma, Juventus and PSG - network effects + First mover + Free marketing - Recent moves in sports betting stocks such as PENN, DKNG and PBH - Over 100k users. Brings in people from outside crypto. This is good for crypto overall. - Not talked about much -Strong management team - backed by esports celebrities such as Anomaly(2m+ subs) - Huge TAM for eSports - Growth in eSports, Poker, Twitch,Chess, Baseball, basketball, hockey and cricket. Small position size.
Long
by ashainp
Currently, fundamentals are more important than TAPivot point: 11178. Above Pivot point, the scenario is bullish, below it is bearish. Pivot point and its support and resistance levels are strong barriers that cannot be easily overcome by the market price. Since January 17, 2018, the market price of Bitcoin is tending around Pivot Point and its swings are getting smaller and smaller. BTCUSD is heading straight to the apex of the green triangle. There is a good chance that this sideways movement will continue for a while. Currently, there is an equilibrium between Bulls and Bears. The bears still see BTCUSD lower, while the Bulls are waiting for the ascending prices in February, similar to the years before. However, is that price increase in February a general law of nature? The fundamentals speak loud and clear for a further drop of BTCUSD. Payment transaction times of up to 8 hours and high transaction fees made it obvious that Bitcoin can no longer serve as a payment coin. Micro payments are no longer attractive and transaction times of up to 8 hours make it impossible to use Bitcoin on the checkout of a supermarket. People start recognizing that Bitcoin cannot hold its promises. Therefore, users started to turn their back on Bitcoin and are watching out for alternative coins with a better performance. Yes, performance is everything when it comes to cryptocurrencies. This time, I do not expect that Bitcoin will recover from the low price. On February 1, 2018, there is the launch of Futurocoin. FTO is a specialized payment coin with cheap transaction fees. FTO can execute a payment transaction within 4 seconds. Additionally, a community of more than half a million people are at the ready for acquiring acceptance places like retail shops, retail chains, apparel, electronic shops, travel and holiday companies, car dealers, etc. We can expect that FTO will develop fast and I see it as a top five coin within two years.
COINBASE:BTCUSD
by luckyhelper
4