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Grab

Bearish Gartley #BTC - Confirmation?Looks pretty Bearish to me! Yes we are above the yearly open, yes we have lots of bullish sentiment and Whale/Market Maker buying... retail volume is dead... This is a Whale/MM Liquidity Grab... we should pullback to support, fake out some longs and sucker in some shorts, pump to Stops... and then dump... It's too damn perfect... lets find out... Macro i'm still bullish, all you have to do is look at a 12 month chart of BTC and look at the abysmal volume we have had... this has NO retail buying... this is all Whale/MM pumping to grab retail liquidity before the recession that we all know is coming... Stay on your toes out here, and don't buy the hype... its a bear market! Happy Trading...
Short
by jb_skis
12
Altimeter Growth Corp (SPAC w/ merger: Grab Company)Our mission: Drive Southeast Asia forward by creating economic empowerment for everyone.Every day, we serve millions of consumers, merchants, and drivers on Grab. Consumers look for quality services to ease their everyday lives, while merchants and drivers get access to greater earning opportunities because of our large consumer base. In fact, we are proud that many of our driver-partners got their very first earning opportunities with Grab. Recent News: 1. Grab Holdings Inc. (“Grab”), Southeast Asia’s leading superapp, today announced it intends to go public in the U.S. in partnership with Altimeter Growth Corp. (Nasdaq: “AGC”) in what is expected to be the largest-ever U.S. equity offering by a Southeast Asian company. The combined company expects its securities will be traded on NASDAQ under the symbol “GRAB” in the coming months. 2. Public listing will reinforce Grab’s strong business momentum including Gross Merchandise Value of approximately US$12.5 billion in 2020, surpassing pre-pandemic levels 3. Investors in the PIPE include funds and accounts managed or advised by BlackRock, Counterpoint Global (Morgan Stanley Investment Management) and T.Rowe Price Associates, Inc., as well as Fidelity International, Fidelity Management and Research LLC, Janus Henderson Investors, Mubadala, Nuveen, Permodalan Nasional Berhad and Temasek 4. Grab’s decision to become a public company was driven by strong financial performance in 2020, despite COVID-19. Grab posted GMV of approximately US$12.5 billion in 2020, surpassing pre-pandemic levels and more than doubling from 2018. The company is also currently the category leader in Southeast Asia for its core verticals , accounting for approximately 72% of total regional GMV for ride-hailing, 50% of total regional GMV for online food delivery and 23% of regional TPV for digital wallet payments in 2020. SPAC Merger Info: Leadership: Brad Gerstner (Founder, Altimeter: invested in Facebook, Uber, AirBnB, ByteDance, Twilio, Unity, Snowflake) Market Cap: $689,000,000 IPO Date: 2020-09-30 Underwriters: Citigroup, Goldman Sachs, Morgan Stanley Estimated completion date: 2022-09-30 Warrant Price: $5.23 Unit and Warrant Details: U: ; W: Like, Follow, Agree, Disagree!
ALong
by Redimere_91
Long Term Short Setup Using Raghee Horner's IndicatorsIn addition to the elliot count short setup posted previously I'm going to be scaling into a short on btc using the 34 ema indicators often used by Raghee Horner. The basic idea is to short into touches of the 34 ema of the day lows with a stop a bit above at the 34 ema of the day highs. The darvas box shows that price is forming a poor low which is likely to be retested and after a few strikes on the propulsion dot area it is likely to break lower and make a measured move to the $2 to $1k region.
BITFINEX:BTCUSDShort
by mljones
1