BTC September Historic dataLooking at the past doesn't guarantee certainty for the future, but it can give us a good idea of what might happen. Looking into the price action of the last 8 years of Bitcoin's history, we can see that the performance is not that great. The price action in September has been either sideways, or sideways with some downwards momentum.
Comparing the historical data to predict the future, it's possible that mean reversion strategies could yield good performance while challenging the trend following strategies. On the other hand, in the past, we don't see high values of market noise which is great for breakout strategies.
If we dig deeper into the lower time-frames there are clear trends and smaller breakouts. (This would be another opportunity for lower time frame strategies).
September will be an outstanding test for the different strategies because market cycles, so far, have shown different behavior than in prior years.
Pre-Sep 2021 Insights:
BTC didn't have a significant rally since the dump of May/June, however, there is RSI divergence (slowing momentum), and MACD was still bearish; on the other hand, BTC will face the ATH wall soon. Last year, before September we had a strong move that ended up with a correction and choppy market conditions in September.
There are some similarities between pre-September of 2021 and the other years, for example, RSI divergence, strong moves in prior months. It will be interesting to see how it will play out and if the similarities will keep up.
Explanation per Year:
2020
In 2020 after the March dump, BTC had a strong rally until August and September was the cooling-off of that move. Also, the RSI continued making lower highs while the price was making higher highs, giving the indication of a trend reversal.
2019
Sept 2019 had a different story but the outcome was kind of similar.
Dec2018 to March 2019 we saw the accumulation phase after the bear market and when the price started to move the rally was almost vertical; Vertical moves are emotional moves and normally don't last long. September arrived while prices keep falling to make higher highs and end up with a dump in September.
The market structure from 2019 differs from 2020 but the outcome is similar, sideway-move and/or crash
2018
In 2018 we came from the 17 Dec 2017 ATH right at the end of the bear market. Price tried to break the EMA21 week and failed, giving continuation to the bear market. Price once again was choppy after a small rally confirming EMA21 week as resistance (once again).
2018 situation was different from 2020 and 2019 but the September outcome was similar.
2017
In 2017 the similarities are probably more noticeable since we were in the middle of the bull market preparing for the last move. On the other hand, in 2017 there was no death cross and we didn't see the price action going below the EMA21 week, not MA 200.
The move from March to August was strong, way stronger than in 2021, but we had the correction here and the RSI divergence was there as well.
2016
In 2016 BTC was right in the middle of the bull market and after a rally, the price came to the mean support areas and consolidate over September after a good V shape recovery.
Investment
Is Ethereum aiming for a new ATH?Ethereum has seen a good recovery over the past 6 to 7 weeks. After creating an ATH, it dipped hard retracing more than 50%. But, then we've seen adoption, institutional interest, and the latest developments which helped ETH price to again bounce back to the current levels.
It's trading at around $3940, at the time of writing and is holding the support level at $3826 very well. If it's unable to hold this support level, it might retest the $3000 area before making an upward move.
It looks like an easy path for it to see a new ATH if it manages to break the immediate resistance level at about $4000.
RSI has again visited the overbought zone, which shows strength and is a good sign to see an upward move.
A good place to open a long position would be during the retest of the support level or the breakout of the immediate resistance level.
Please do your own research before opening any trade, and use a proper risk management strategy to minimize the chances of any losses.
Do let us know in the comment section about your thoughts on this analysis.
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Happy Trading!
XMR/USDT - Potential 70%+ setupHello Traders!
Volumetric and cluster analysis shows an increase in demand for XMR from buyers.
Buy entry can be looked for in two ranges :
1) between $298 - $315
2) in case of correction at $258 - $276.
Stop-loss shall be placed under the price of $220
Targets for ascending movement continuation:
$382
$440
$485
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
VOLTAS - ALL TIME HIGH LEVEL - Investment/Trade opportunityThe stock price is trying to come out of a 7 months consolidation period. It appears to be ready for next leg of rally.
The analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets.
Trade setup is explained in image itself.
Another way to analyze such formation is shown in the below image - do check it out as well.
VOLTAS can be a good bet for medium to long term investment as well.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade.
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups.
Feel Free to connect with me on any of my handles for any query or suggestion regarding this stock or Price Action Analysis.
#HBAR to $1.25 | #HederaHashgraph Hello Padawans,
First of all, do not take this as a piece of financial advice.
To me, HBAR is still undervalued. HBAR has its own chain and has a Maximum supply of 50Bn.
BTC.D is getting lower, Alts have started their journey to break all its all-time highs.
So there is a high chance to HBAR to reach $0.45 level soon.
but Bitcoin should stay hustle.
Fib Extensions
261.8% 1.2354
200% 1.05
161.8% 0.9354
138.2% 0.8646
100% 0.75
61.8% 0.6354
50% 0.6
38.2% 0.5646
23.6% 0.5208
HBAR will go to $3 at least, but I'm not sure, it will happen in this cycle.
Let's see what's gonna happen.
cheers.
May the force be with you.
Ethereum making moves. Next Target would be a new ATH?Ethereum is trading at around $3000, at the time of writing this analysis, which also acts as an immediate support level. It tried to break the resistance at $3300 but failed, however, it has been accumulating between immediate support and resistance level to see the next move upwards.
I am using On-balance volume (OBV) which is a technical trading momentum indicator that uses volume flow to predict changes in stock price. It shows crowd sentiment that can predict a bullish or bearish outcome. The OBV indicator on the above chart clearly shows a sign of accumulation.
RSI is trying to reverse its movement, and if good buy volume comes in, it might again visit the overbought zones.
If Ethereum is unable to hold the Immediate Support Level, it might see a downtrend.
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BITCOIN 54250 Am holding bitcoin to 54250
But Should I say that BITCOIN WILL HIT 18000 of value in the next years before the final bullish move to the new highs...This seems to be crazy but for now I'll be out on BITCOIN
Big banks know what they are doing mates but will keep an eye on whats happening,
Some will benefit most will lose,Are you the SOME or MOST?
Another Chance to Go Long Lufax – A Close Look at Q2 2021 ResultThe overall favorable financials and rather a low valuation of the Chinese fintech present a new investment opportunity.
Lufax achieved positive year-over-year growth in key financials during the second quarter of 2021.
Larger clients are cutting more shares in credit loan and asset management sectors.
The stock repurchase plan is expected to boost Lufax's stock price – which has been decreasing for months to a level way below IPO price.
Several problems, such as the shrinking business scale and decreasing income from the technology-based business, have become concerns for Lufax's long-term development.
Lufax (LU:NYSE), founded in Shanghai in 2011, is a fintech affiliate of Ping An Group that provides personal financial services as an agency and dealmaker to help financial institutions connect to retail clients. Lufax launched its New York Stock Exchange public offering on October 30, 2020, raising USD 2.36 billion.
On August 10, Lufax posted its financial results for the second quarter of 2021. Here, we dissect the released data, while constructing an investment message.
Improving financials, with a better business structure
During the three months through June, Lufax achieved revenue growth of 17.3% and its net income increased by 53.2% year-over-year. The total revenue and net income grew from CNY 12.64 billion and CNY 3.09 billion in the same period last year, to CNY 14.83 billion and CNY 4.73 billion in the second quarter of 2021, respectively.
Since the third quarter of 2019, Lufax has been achieving positive year-on-year quarterly revenue growth, despite the COVID-19 outbreak. The net profit only showed a decrease from July to September in 2020, mainly affected by the pandemic, as the firm claims. Nevertheless, the overall business operation and profitability have been improving.
What is more, consistent with its strategy in the retail credit field, the company has increased loans to small-to-medium businesses in recent years. During the second quarter of 2021, 77.6% of the new loans were issued to the small business owners who normally have somewhat large tickets, therefore reducing Lufax's costs associated with the borrowers.
In the wealth management sector, contribution to total client assets from customers with investments of more than CNY 300,000 on the company's platform increased to 80.2% as of June 30, 2021, from 75.4% in the same period in 2020.
Upward price momentum
In May 2021, Lufax announced that the ADS worth USD 300 million would be repurchased over the following six months. Some of the company's top executives will also spend USD 5 million at most with personal funds on the ADS purchase. By the end of June 30, transactions accounting for USD 286 million had been closed, with USD 281 million from the company and 5 million from the management team.
It is clear that the management is confident in Lufax's future, and trying to give the market positive signs, especially under the current low-valuation situation in the stock market. Lufax was certainly very high-profile in launching on the New York Stock Exchange on October 30, 2020 as the fourth largest unicorn globally, reaching its historical high record of USD 19.72 per share in the next month. However, since May 2021, partially because of the crackdown in valuation among all Chinese concept stocks, the stock price of Lufax has sunk – to USD 8.60 on August 17 of 2021, far below its IPO price.
What is more, 13 over 16, which is 81.25% of the Wall St. analysts give bullish or very bullish ratings to Lufax. Along with the stock repurchase plan, we believe the stock price will be boosted, based on overall solid financial performances and below-expectation capital market recognition; thus, Lufax is considered a good investment now.
What to be aware of
The new loans facilitated during the second quarter of 2021 decreased by 11.4% from the previous quarter and the asset amount from wealth management clients only went up by 1% from the first quarter of 2021.
Per the management, that was because of the change in company strategies, as Lufax has been focusing more on service quality instead of business expansion, which is backed by three principles: compliance operation, targeting SMB and affluent clients and technology improvement.
However, the last principle, which lies upon the technological transformation, which Lufax has been emphasizing for years, has no embodiment. The largest revenue component – technology-based income – has been contributing less and less since the third quarter of 2019, the earliest financial records available. Compared with the other two Chinese fintech leaders, Ant Group and JD Digits, Lufax's R&D expenditure-over-revenue ratio ranked last since 2017. What is worse, the expense has been taking up a decreasing percentage of the total revenue since 2019.
Furthermore, in the press release of the second quarter's financial results this year, Lufax announced that a new series of stock repurchases would be launched, with ADS worth around USD 700 million to be bought back within one year. The company will intake USD 10 million of ADS shares transferred from the market. This plan is strongly considered a positive sign on the underlying stock price.
The company's maturity process can partly explain the recently decreasing month-over-month profitability and shrinking business scale. This, however, can affect the operation results. Although the 'LU' stock may provide a short-term investment opportunity, its long-term development is still unclear.
AVAX round 2! Bull Flag BreakoutAvalanche at its core is a hyperscale native blockchain and the fastest smart contracts platform in the blockchain industry, as measured by time-to-finality, with the most validators securing its activity of any proof-of-stake protocol. AVAX also has a rapidly growing NFT ecosystem including major partnerships with Topps and MLB on their inception NFTs and more. With Novembers NYC NFT conference sold out and AVAX’s apricot upgrade to be completed by the end of the month and the chart showing a strong bull flag pattern just now starting to pick a direction this looks good for a substantial move higher.
Antony Waste HDG CELL LTD- Positional CallThe stock was listed with a gain of about 21%, though prices didn't sustain and the stock went below its IPO Price i. e 313-315 and made a low around 250 levels.
The Stock bounced sharply from 250, hence it created Spike Candle support around 250 levels, though the bounce was brief and could last for few trading sessions only and created a resistance around 336 levels.
From this analysis, we get support and resistance
Support: 250Resistance: 336
The stock started falling again after making a lower high around 336 levels and moved towards previously created support around 250 levels, This Time prices took time and tested previous support multiple times ( 4 trading sessions ) and bounced decisively( Shaven Bottom Candles) from there.
Hence 250 support was confirmed again, suggesting buyers are interested here and also ready to pay even when prices started moving higher.
Prices Moved uninterruptedly to 336 levels and then moved sideways for few trading sessions.
Prices did break this resistance and then this resistance started acting as support and prices are comfortably trading or you can say consolidating above these levels.
Now we have a new support zone. i.e 315-336, if prices sustain these levels, it could move fast towards 460 to 490 levels in the coming weeks.
CMP 368
Gain Probability of approx 25% ( positional trade}
Risk - 15 %
Investment Opportunity - 100 % Return one year from now ( My Aggressive Target - I reserve a right to be wrong )
Strategy buy on dips
Disclaimer : Only For Educational Purpose, nit recco to buy, please do your own research before trading or investing in the stocks
When the public wakeupWhen the public wake up, the bear will arrive and stay.
The company started to produce very low quality products a few years ago, and it has greatly increased sales as a result.
Whirlpool, owner of Brastemp and Consul, is absolutely hated in the US and also in Brazil. If you have any doubts, go to googlemaps and write whirlpool and see the reviews, then look for the tecbras company that assists brastemp and consul.
The story is like this: producing garbage, which breaks down in a short time, with the policy of selling extended warranties and selling garbage to those who are not willing to pay, they are filling the market with bad products. So much is a purposeful pattern, that the assistance is terrible and not the bill, and aiming to tire consumers to assume the loss, they have the minimum legal to say they have assistance, but with the sole purpose of playing the loss to consumers.
Look in the forums, and you will find that the image of Brastemp and Consul is absolutely degraded and negative nowadays, except because they have no ethics whatsoever and exclude complaints from the networks. But it's not like that with American social networks, nor on Brazilian Instagram> I recommend this one, see the overwhelming majority of hateful consumers.
With a bad brand, bad products, the company will stop selling, and at some beautiful moment, not far from now, it will plummet quickly, and will never rise again. We just don't know what time it is. So if you are a daytrader, ok, take advantage. But if you are an intelligent person and aware that it is a mafia, malicious and negative company, and that it has a bleak future due to a super malicious administration, you would choose to invest in other shares of companies that do not treat their customers as disposable garbage. , in an absolute indifference and disrespect.
I insist: research Whirlpool's reputation; Mainly in American forums!!!! And on Brazilian instagram!!! @Consul and @Brastemp!!! These highs are because of recent misleading sales, the tide will turn and will not rise any further.
If you don't believe it, not even with all the public evidence I've pointed out, well, it's because you would actually sell someone in the family to make money (remember that someone in your family will buy it and still be angry with these brands).
NEO to $140 | #NEO #NEOUSDT Hello padawans,
First of all, do not take this as a piece of financial advice.
NEO is one of my favourite projects in cryptoverse.
People called NEO, Chinese Ethereum.
Okay, let's get into the topic.
How did I predict $140 for Polkadot, it is really easy I have drawn extended fib levels for this DOTUSD chart. So I saw,
Extensions
261.8% 75.7751
200% 64.64
161.8% 87.75
100% 55.28
Bottom as ATL
To NEO to reach $140 BTC should stay above $60000 level.
So be careful.
Good luck my dear padawans,
cheers,
May the force be with you.
COMP/USDT - potential 131% setupHello, Traders!
COMP has been consolidating in the active trading range of $396 - $492 for a long time
Volumetric and cluster analysis shows the presence of demand on the part of buyers.
It is possible to connect to purchases in parts in order to catch a stop on correction:
The first part in the range of $396 - $435
The second part in the range of $332-$370.
Stop loss on consolidation below $255
Buying targets would be levels:
$550
$608
$691
$786
$852
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
ANKR/USDT - Potential 93% investment setupHello Traders!
ANKR corrected the fall to the price levels at the end of May of this year.
On the daily timeframe, price is supported by MA100, RSI indicator is in the bullish zone.
Buying in the middle term can be considered with a correction in two ranges:
The first part in the range of $0.09270 - $0.10375
The second part in the range of $0.07240 - $0.08380.
Stop loss on fixing under the $0.05900 price level
The targets for buying will be levels:
$0,12400
$0,14800
$0,16300
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
MANA/USDT - potential 66% investment setupHello Traders!
MANA has completed the correction and a new business cycle has begun.
It is possible to consider buying in the middle term on correction in two ranges:
The first part in the $0.85-$0.95 range.
The second part in the $0.69-$0.80 range.
Stop at fixing under the $0.56 price level.
The targets for purchases will be price levels of
$1,08
$1,21
$1,32
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
STORJ/USDT - 121% potential setupHello Traders!
Volumetric and cluster analysis shows an increase in demand for STORJ from buyers.
It is possible to consider buying in the middle term at the correction in two ranges:
The first part in the $1.28 to $1.47 range.
The second part in the range of $0.98 - $1.17.
Stop loss at fixing under the $0.75 price level.
The targets for purchases will be price levels:
$1,83
$2,25
$2,60
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
Stonks doesn't always go upPNI gives you all the indicators of an overvalued, overbought stock. It has had a crazy month so far but I don't think Pinnacle investment can keep up the trend anymore.
1. The volume is falling rapidly while the stock makes new highs. Not good. The last 5 days volumes are (498.2k, 414.1k, 385.9k, 332.5k, 229.1k). This is from the ASX website.
2. There is a gap up which hasn't been filled.
3. No clear support whatsoever until $12.5 and $10.5.
4. Just look at the RSI !
When stonk god gives you clear signals go with it. This is a massive short opportunity.
Spot Trading vs Margin Trading Pros and ConsSpot Trading is the most basic form of trading method and is the most suitable for beginners in trading. It's simply a BUY > HOLD > SELL mechanism.
On the Other Hand
Margin Trading is complicated and should only be done by experienced traders. There are various components to margin trading such as Maintenance margin, margin calls, leverage, and liquidation.
Pros and cons of Spot Trading
👉Spot trading is easy to learn and understand and is a good starting point for beginners in Trading.
👉It's an easy process to manage risk in spot trading not taking all the complications of liquidation or margin calls.
👉You can hold an asset for a much longer time and in the case of cryptocurrency can also transfer to any cold wallet.
👉No Trading happens during downtrends.
👉The potentials gains are not very good on a smaller investment amount.
Pros and cons of Margin Trading
👉Margin Trading needs some advanced knowledge of various things such as margin calls, liquidation, leverage, etc. Hence it's not recommended for new traders.
👉You can make profits on both uptrends(by going LONG) and downtrends(by going SHORT).
👉Gives an ability to trade much larger amounts with a relatively small initial investment by using leverage.
👉Margin Trading is risky, and if not done properly can blow your account in a very short time span.
👉Profits are higher when utilizing margin trading, and so are the losses. Every exchange has its own rules for margin trading, which need to be understood carefully before investing.
Thanks for reading and what kind of trading technique do you use and why? Share in the comments below.
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Happy Trading.
Chargepoint ( CHPT ) buy idea (long term)So I have been looking at Chargepoint for a while now and I think that it could be a good buy at this price. I am going to go in a little to see what the price does at this point and when I get to see a good rejection on the support zone I will add to the position. This is a trade idea for my longer term investment portfolio so I am not looking to get in and out fast on this trade. The overall data that we get from the company also looks good and I think that this company does has some more room to grow in the next 5 years.
If we go get to see a break of the support zone I will wait to add to my position and see what the price does. Either it goes down to the next support level and I but more there or it goes down a little and then goes up. if the last thing happens then I will be adding to my position when it crosses this support zone you can see on the chart.
Please let me know in the comments what you think of this and feel free to share your idea and view on this company.
If you like the idea don't forget to give it a like then.
Going to keep you updated in this trade when I feel it is needed. If we get a boring few weeks then there is no point of doing a weekly update. If you want an update on this stock at any point you can also sent me a message and I will answer that as soon as I can.
My Bag
- i just posted one of my old chart of Altcoins Markets. This post is not an analyse but too many peoples DMs me asking me wich coins are bests to invest? how do i choose them and why ?
- so i made this post to answer to everyone globally
- firstly sorry for my english as many of you know that is not my native language
- in 1990s when internet came around, many of peoples believed that it will fail, all peoples were going out almost all the time.., going to mountains and rivers, travel, meet friends at the restaurant, at bar, enjoy at the club, the old generation was rich ! also if u were poor u could still have a decent life.
- The situation changed when Governments started to print more papers money, it created a super inflated system, most of the peoples had to find way in this hard world focused on creating more riches peoples,
destroying on the other side normals peoples and creating more poverty, and Cherry on the Cake "Covid19", trapping peoples home like rats. i won't go to far and not explain my point of view about Covid, i would be banned for that and my vision is not the vision of everyone.
- The Exit for some of us was internet and technologies, when you invest in Cryptos, you are investing in the future of the financial system, recreates something for the better, Bitcoin was created to create "Desinflation", not really to make bitcoiners more rich, many projects came around in 2017 and years before, some are very good, some will fail, some are scams, some will disappear. some will M00n. All your invests now are pure gambles, but you are taking the risk, and this is the most important parts.
- The biggest risk in life is not taking any risk.
So for make a choice i just look by using those steps
1- Where the coin is listed
2. Marketcap
3. Number of total supplies
4. Supplies in Circulation and important parts : Supplies the Team Kept for them and the reason they kept those coins.
5. ROI (Return on investment), if i missed the starts, i want to know if the project did well or failed after launch.
6. Check their website and read White paper, check real and virtual utility and see if basic idea is good, bad or copied.
7. Who is behind the project ? Who are Advisors (very important), do they have some Ventures and famous Capitals invested in their project already ?.
8. Speak with some friends and peoples around me to see if we have the same vision on the project.
9. Check TA ( This is my work ), find the good time to invest in and decide if invest for long or short term.
My bag is capitalized with strict management, i classify my invests with Risks, more i believe in a project, more i invest in, more the project is risky, less i invest, some projects won't go far but returns could be exponentially fast and high, so again, have to take the risk, some projects will take time but reach the moon, those ones are based on patience.
- Here the projects i invested by potential risks order, and basic simple reason of invest.
- i wont speak about money i invest, but if you want an order of idea : Top 5 could be 100k$+, top 5 to 10 - 50k$+, Top 10 to 20 - 10k$, last projets are like 1000$-100$ max.
1. Bitcoin ( The King )
2. Polkadot ( The Tech )
3. Solana ( The Fastest )
4. Cardano ( scientists behind )
5. Celsius ( A.mashinsky behind / Loan Platform )
6. Cryptocom ( Vision of regulation / Visa Card )
7. Terra ( Protocol / Mirror Stocks )
8. Verge ( my Meme Risky coin :D)
9. Monero ( Best Anon until unprouved )
10. TheGraph ( because of my wife.. )
11. internet computer ( internet in internet )
12. Kava ( cross-chain DeFi lending )
13. Polkadex (Dex IDO)
15. Synthetix ( Dex )
14. Kadena (Mining it)
15. Conflux (Mining it)
16 . Raydium ( Fast Swap on SOL )
17. Chainswap ( Got Hacked lost 90% Money )
18. Doge ( because of STONKS )
19. Shiba Inu ( because why not ?)
20. Bonefire ( because 100$ max)
- This list is not exhaustive, as i always trying to find more gems projects, feel free to comment but please dont flamme this topic, if you are thinking your coin not present or if i classified it at the end of the list.
- This is only my personal view and personal invests and absolutely not an investment advice.
Happy Tr4Ding !