IOT
IOT Samsara Options Ahead of EarningsAnalyzing the options chain and the chart patterns of IOT Samsara prior to the earnings report this week,
I would consider purchasing the 25usd strike price Calls with
an expiration date of 2023-9-15,
for a premium of approximately $1.40.
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.
IOT possible Long ideaWhile market was overreacting from the Fitch downgrade of the USA, traders did what they do best, they traded and analyzed.
After a short holiday, I am back with monitoring markets and checking for some nice profit making possibilities. Therefore, I found a good play in making, Samsara Inc., ticker IOT.
Things to consider when looking into this new tech stock are:
1. There is a Cup and Handle formation in forming, the pattern is far from done and it will need some time to be completed, so I will wait and monitor closely the price action.
2. There is a huge Double Bottom pattern in making as well, which needs to broke levels between $28.78 and $30.82 price range to be considered a valid break of the pattern.
3. My guess is that the price will fall from this level, up to the smaller support level sitting at around $21.69 to $22.58 price range. If it falls to that price level the Cup pattern will get it's Handle and this will be my first buy point. I will test this price range with 20-30% of planned buying.
4. If I am wrong and price continues to drop from that level, my Stop Loss will be sitting at $20 round. I will sell everything at this price range.
5. If by some chance we don't get Handle formation but we got the break of the Double Bottom pattern instead, I will be entering my trade at around $29.75 as my first buying opportunity.
6. My Stop Loss will be set at 8% range from the entry price, sitting at around $27.2 price level.
Please be aware that this is on Weekly level and it will surely take some time for everything to be done as analyzed. Of course, as always, please do your own due diligence before investing your hard earned cash.
#EGLD/USDT 12h (ByBit) Rising wedge breakdownMultiversX just lost 50MA support and seems likely to continue with the local retracement down.
⚡️⚡️ #EGLD/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Short)
Leverage: Isolated (5.5X)
Amount: 5.0%
Current Price:
34.15
Entry Targets:
1) 35.35
Take-Profit Targets:
1) 30.25
Stop Targets:
1) 37.90
Published By: @Zblaba
CRYPTOCAP:EGLD #EGLDUSDT #MultiversX #Elrond #eGold
Risk/Reward= 1:2
Expected Profit= +79.3%
Possible Loss= -39.7%
Estimated Gaintime= 2-3 weeks
multiversx.com
IOT | InformativeNYSE:IOT
The bullish line is at 27.77, indicating a potentially bullish signal and suggesting upward price movement. In this scenario, the target prices could be set at 28.30, 29.05, and 30.09.
On the other hand, the bearish line is identified at 26.59, suggesting a bearish signal and the possibility of downward price movement. In this case, the target prices could be set at 25.64, 24.52, 22.24, and 19.50.
* Based on the sell pressures on the recent daily candles, I'm personally bearish.
RRR setting up for a massive profit run?I have several time frames I have charted for this going over everything I see. RRR is red rock resorts in Las vegas nevada, and both my fav casino which is off strip about 15 mins and one of my fav stocks to play.
I am huge on wyckoff , demand and supply, volume tracking, price targets based off the prior, and control box master pattern targets ideologies.... I also have my ESVO lines or ribbon that also encompasses volume and price. Combining all of these things paints a picture across all time lines and when they match up its set to run!
I have used this same TA on my AAPL, ENPH (up and down), AIG, GNRC, Li, IOT, Bili, TRKA, & PSNY, option plays. I enjoy looking far out to see what the end result is going to be and then aligning all the time frames to optimize the in and out. a lot of times when you look at larger time frames you are caught in the up and down which can mess up your theta on an option play. So thats why in this trade I am aligning all the time frames. the only one left is the 15 min time frame. which I will post an update to this when I finish this post.
Do me a favor if you find any of my info intriguing pls hit the boost so others can see it.
by iCantw84it
05.17.23
IOT repeating a move from VEEV in 2017 Very BullishSince I have been using chatGPT, I have taken a very bullish approach to all things ai. This stock is one of the leading in its sector. While charting it I noticed it had the same Chart Pattern as VEEV in 2017. Which went from 17 - 50 in 8 months. So far this stock has spent 4 months under institutional control since it hit its low and started Accumulation. Its low is around $8.50 and looks like its following this pattern almost perfectly.... there are some efficiency differences but somehow gets all the moves still in there. Ill post the Chart here for you to see.
by iCantw84it
03.30.23
ENPH has been great, lets squeeze some more trades out of itENPH has been very busy dropping from $320 to 190ish. Called the bounce last week before the weekend from $210 to 187-190s. Obviously in a downward trend but man this thing can move. If you didn't know you can see one of the institutionals' dumped their shares over the last couple months. Check the chart at the bottom see the ramp up of volume. That's the supply taking on inventory at an over excessive rate. which starts the downward plunge from the $320s. Now as it approaches phase C (the part of the trade where smart money decides to pick this back up or let it go) At this price it might need to dump more to be more attractive. I used ChatGPT to make my own indicators and the ESVO is a way of looking at price and volume normalized. This opened my eyes to some things happening on the chart, I Never noticed before. But you can actually see the profits being taken, stop losses being hit, fomo kick in... watch supply and demand spike while the price action is unfolding. Using Higher and lower time frames you can get great idea of whats happening in the market. when demand is spiking or when supply is oversaturated. Key areas where stop losses are being broke you get a massive spike on the chart with the indicator, which sheds light on what you need to focus on at that moment. If its spiking 5x larger than normal, it means shares are being bought and sold at a rate extremely larger than normal. Meaning, if price action is bullish, and this happens: 1. if Price action continues to move up at a 45 degree angle durring this surge of shares, your stock is very bullish and its about to pop once it clears out all the shares. 2. If price action starts to look weak, it will take a dip and do a mini re-accumulation depending on time frame it could be 5-17 candles. 3. if Price action was already weak and it spikes (basically consolidating or long range consolidation) Price will most likely go right into distribution mode and drop to the next control box or node.
Another way to use this is just like you would an EMA, if price crosses it, it will most likely be very aggressive as it goes across and continue or pull back to bounce off the ESVO before continuing its new trend.
When the lines are flat it means everything is avg or balanced which doesn't happen very often. Its not uncommon for Price to have to attempt to cross one of these three times before succeeding.
If it fails while trying to cross it will most likely pull back and try with more volume. At this point pay attention to if the volume continues or dies off. Sometimes Crossing is the catalyst that sends it moving higher or lower.
A lot of the time your highest area of volume and price is where these lines will oscillate or go flat across.
There is literally an indefinite amount of ways you can use the ESVO. I set one to a certain setting and based on what price action is doing around the ESVO I can wait for an indecision and know its going up or down on higher time frames. Which is great for finding trade setups.
Anyways, let me know if you have any questions. If any of these ideas peak your interest pls like/ follow/ sub/ and most of all pls Boost so we can all enjoy watching it prove me right or wrong.
Thanks again.
by iCantw84it
03.30.23
Bouble bottom confirmed! $IOTAfter a double-bottom, the stock price pulled back to support and now is breaking out and getting near its IPO price.
The OBV is already above its IPO levels and the MACD keeps trending higher.
Also, AMEX:XLK is the leading sector, this should help NYSE:IOT price action.
I entered 1/3 of the position as the market still needs more work to get aggressive.
Samsara provides an end-to-end solution that allows businesses that depend on physical operations to harness IoT data.
LI Auto Looking very clean and Bullish Loving these levelsWas actually typing in bili and ended up pulling up this chart. As soon as it came up the chart grabbed my attention. So i had to chart it and Im actually entering a position on a call. everything looks bullish about this. the lines are so clean on it. and the set up with the ESVO looks juicy. last time I said that SQ went up $9 in 3 days.
If you like this check out ENPH, BiLI, IOT. Traded Apple earlier this week for a quick $3 right at open. Called both ENPH and Apples pull back to the exact zones and currently in Bili and about to be LI. Possibly getting in IOT after one of those. and ENPH once its more clear if institutional is picking it back up or not. DM me for any request or questions.
by iCantw84it
03.30.23
$JASMY/USDT 2D (#Bybit) Big falling wedge breakout & retestJasmyCoin finally regained 50MA support and downtrend seems over, let's swing long on demand zone, targeting 100EMA.
⚡️⚡️ #JASMY/USDT ⚡️⚡️
Exchanges: Binance Futures, ByBit USDT
Signal Type: Regular (Long)
Leverage: Isolated (1.0X)
Amount: 4.5%
Current Price:
0.004642
Entry Zone:
0.004420 - 0.003402
Take-Profit Targets:
1) 0.005969
2) 0.007519
3) 0.009069
Stop Targets:
1) 0.002189
Published By: @Zblaba
Risk/Reward= 1:1.2 | 1:2.1 | 1:3.0
Expected Proft= +52.6% | +92.3% | +131.9%
Possible Loss= -44.0%
BILI is exhausting demand needs re-accumulation to move higherBili bili is one of my fav stocks to trade. Paired with my love for anime, its a great stock. I have traded it everytime it hit $16 and sold it everytime at $28. I made a pact a long time ago that without question if the stock hits $16 buy it... and if it hit $28 sell it. I want more plays so I am adding more in depth analysis and stalking this thing now. I noticed it bounces around in the 20s when it gets up here. It normally hits the upper 20s one last time before coming down. However, based on its current move. the candles are showing this move is exhausted and demand is spent. There is no conviction in the candles and with out a ton of volume its not able to get over this area between $25-26. I'm in on some puts with tight stop losses as everything says it wants to go but the candles say otherwise.
by iCantw84it
03.30.23
$EGLD/USDT 1D (#Bybit) inverted Head & Shoulders breakoutMultiversX (f.k.a. Elrond eGold) is pulling back to iHnS neckline / 100EMA support, looks good for a bounce back and a bullish continuation.
⚡️⚡️ #EGLD/USDT ⚡️⚡️
Exchanges: Binance Futures, ByBit USDT
Signal Type: Regular (Long)
Leverage: Isolated (3.0X)
Amount: 5.0%
Current Price:
45.95
Entry Zone:
45.95 - 43.39
Take-Profit Targets:
1) 51.75
2) 57.08
3) 62.41
Stop Targets:
1) 38.75
Published By: @Zblaba
$EGLD #EGLDUSDT #MultiversX #Elrond #eGold
Risk/Reward= 1:1.2 | 1:2.1 | 1:3.0
Expected Profit= +47.3% | +83.1% | +119.1%
Possible Loss= -39.7%
Estimated Gaintime= 2-3 months
$JASMY was GOOD SELL close to top, 3 of fewSitting on some cash as we took SOME #crypto longs off as we clearly posted that $BTC was looking weak
Will look for new positions, sticking with what works
Sold a lot of "risks" did recently
Good sell on $JASMY
Doesn't look anywhere near as bad as $MKR
1Hr oversold
Keeping an eye on 30 Min to verify
#IOT #Security #jasmy #crypto
#IOTA is Solid, Adds 20% as Prices Recover from $0.24Past Performance of IOTA
IOTA prices are relatively solid at press time. Although there were hints of weaknesses on September 25, the recovery earlier today has been nothing short of stellar. The bounce means the coin is in a bullish trajectory following the complete reversal of yesterday's losses. As an illustration, it is up roughly 20 percent from last week's lows, anchoring its leg up at around $0.24.
#IOTA Technical Analysis
From the daily chart, IOTA is firm and price action is bullish. The immediate support is at $0.24 while resistance is around $0.36, or August 2022 highs. Notably, prices have broken out from a descending channel following today's bullish engulfing bar. Therefore, buyers have the upper hand from an effort versus result perspective. Subsequently, buyers can ramp up on dips targeting $0.36 or August 2022 highs in the short term. This preview will continue to hold as long as prices are trading above $0.24—last week's lows and, for cautious traders, above today's lows at $0.27.
What to Expect from #IOTA?
Traders are bullish, and buyers have succeeded in soaking in intense selling pressure. Since prices have broken above the descending channel, IOTA is recovering as the coin bottoms up after sharp losses over the last nine months.
Resistance level to watch out for: $0.36
Support level to watch out for: $0.24
Disclaimer: Opinions expressed are not investment advice. Do your research.
IOTUSDT |Coin Review| Rebound from local resistance!hello trader Today I prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
Friends, IOT showed a good growth of almost 15%, as some alts showed a good percentage too.
I think that after all, we will push up the channel borders and see a correction approximately in the $0.034 zone
Then you already need to watch how the market will behave, this is an approximate take profit, you don’t need to climb immediately with a large leverage and wait for these values, I gave you a chart, now think with your head and wake up in profit)
$JASMY/BTC 4h (#BinanceSpot) Falling wedge on supportJasmyCoin has retraced down from its last big pump and 200MA seems to be holding, let's enter for another possible run.
Current Price= 0.00000064
Buy Entry= 0.00000064 - 0.00000058
Take Profit= 0.00000079 | 0.00000091 | 0.00000103
Stop Loss= 0.00000049
Risk/Reward= 1:1.5 | 1:2.5 | 1:3.5
Expected Profit= +29.51% | +49.18% | +68.85%
Possible Loss= -19.67%
Fib. Retracement= 0.382 | 0.618 | 0.786
Margin Leverage= 1x
Estimated Gain-time= 2 weeks
Tags: #JASMY #JASMYBTC #DataDemocracy #PoV #IoT #Web3 #Enterprise #Payment #DeFi
Website: jasmy.co.jp
Contract:
#ERC20 0x7420B4b9a0110cdC71fB720908340C03F9Bc03EC