Why is Decentraland the Metaverse of Choice for Businesses?The metaverse market as a whole has been down for the last 3 months as we plod through this crypto "winter" - though it's worth noting that Decentraland is slowly closing the gap to Sandbox after its surge last year. But one trend in particular here sticks out -- the emergence of Decentral Games ($DG) coin, which is a project that focuses on casino-style gambling games that are playable directly on the metaverse.
In a way it's not surprising -- if you've been on Decentraland lately you might have noticed something: the majority of traffic on the platform right now is clustered near two types of locations -- play-to-earn games (Wunderland, etc.) and casinos run by organizations like Decentral Games. DG is a coin that went all-in on Decentraland's future -- it named itself after the platform it built itself on, even. We've heard many well-known companies jumping into the metaverse but Decentraland seems to be metaverse of choice above all others. Why?
After looking into the details of the more popular metaverse projects (Decentraland, The Sandbox, Cryptovoxels, Somnium Space...even platforms like Roblox or Meta) the one thing that makes MANA stand out is the fact that it's the most decentralized platform out of all of its competitors, and its governed by its own DAO in a transparent way.
governance.decentraland.org
While there may be many who might oppose DG on principle (taking an anti-gambling stance), DG coin is, too, run by a DAO as well.
decentral.games
We may not see the influx of money going into MANA until the next fiscal year, but the fact that the big companies (including JP Morgan who recently opened its "Onyx Lounge" in Decentraland recently) are going there is easily noticeable -- why? Companies that are planning on operating businesses inside the metaverse seek a platform that maintains its neutrality and largely stays out of its way. The other projects are all run by companies or teams with centralized control in the background - for businesses that have done its due-diligence, a truly decentralized platform is the only option that makes any sort of sense.
Following the lead of DG, a lot of companies are hoping to create commerce layers on top of Decentraland to drive more traffic to its worlds, long-term. In a way, these trends is a validation of the decentralized model, since it encourages other projects to follow the success of the DAO model as a whole. Projects that are currently centralized may find itself being left behind long-term, as the partnerships and resources required to make Web3 models work migrate towards better (neutral) waters as a whole.
Jpmorgan
Will Paytm make W pattern and Elliott wave till the target ?Will Paytm make W pattern and Elliott wave till the target.
As news described:
Shares of One 97 Communications Ltd - the parent firm of Paytm - tumbled over 13 percent on Monday after the Reserve Bank of India asked the Paytm Payments Bank to stop opening new accounts amid "material supervisory concerns" observed in the bank. Morgan Stanley has reduced its target price on Paytm's stock to Rs 935 and has also reduced its rating to 'equal-weight' on the back of rising regulatory uncertainty and lower relative valuation...
Zooming in on MANABTC is behaving, bullishly bouncing off its support, poised to break $45k with resistance around $45,150 area. Sometimes after MANA rallies, it takes a break and the other tokens take a turn. I was concerned about yesterday's rally being shorted after Samsung's V-day novelty wore off, but thanks to JP Morgan stepping into Decentraland, MANA is following its path to the next levels. I zoomed in on the 1hr to illustrate where MANA is at and where it will have minor resistances on its way up to the next targets. This is not financial advice. MANA does need to break $3.41 or risk creating a short-term H&S. An hour ago, I was keeping an eye on the $3.16 level. Should MANA drop below this support, a drop to $2.97 is likely. Don't get me wrong, I believe MANA will hit $2.97 in the future, BUT I think it will hit $3.88, $4.34, maybe $5.10 first. Again, not financial advice...but yes, MANA is following all the fundamentals.
JPMorgan Chase | Fundamental AnalysisDespite the high valuation and declining stock price following the release of its Q4 and full-year 2021 earnings report, analysts still believe that JPMorgan Chase is the best-performing banking asset of its kind. After all, America's largest bank by asset size generated more than $125 billion in earnings on a managed basis in 2021. Still, the bank may struggle to deliver the returns investors have grown accustomed to in recent years because of some near-term adversity. And here's why.
One way to estimate JPMorgan's accomplishments on a quarterly and annual basis is the return on tangible total capital (ROTCE), which is a technical rate of return on equity after dismissing selected stock, charity, and intangible assets. It is definitely a strong number, taking into account the intricacy of the bank and the amount of regulatory capital it must have. In recent years, JPMorgan has mostly exceeded its target of 17%.
In 2019, before the pandemic and when the federal funds rate was higher, which is apt to help banks, JPMorgan Chase reported 19% ROTCE. The bank reported 14% ROTCE in 2020 and then 23% in 2021. However, both ROTCEs in 2020 and 2021 were significantly influenced by reserve capital. In 2020, JPMorgan had to set aside a ton of funds to prepare for potential loan losses, which significantly reduced profits. In 2021, realizing that these loan losses would not be realized, JPMorgan put the reserve capital back into earnings, which increased ROTCE significantly. When the reserve capital was drawn out in 2020 and 2021, JPMorgan's earnings were 19% and 18% ROTCE, respectively.
How did these numbers do so well with so little credit growth and low interest rates over the past two years? The bank's Corporate & Investment Banking (CIB) division had an outstanding year, first in capital markets and then in investment banking in 2021. But as earnings at CIB are expected to normalize this year and interest rates remain relatively low, all things considered, achieving the 17% goal becomes more challenging.
No doubt much of the sell-off after JPMorgan's Jan. 14 report was due to the bank's guidance, which was somewhat muddled and seemed to suggest less fortunate outcomes this year and possibly next.
One of the main metrics on which banks typically provide guidance is net interest income (NII), which is the money banks earn on loans and securities after covering the cost of funding those assets. When the Federal Reserve raises its benchmark overnight lending rate, the federal funds rate, banks tend to earn more NII because the yield on their assets, such as loans and securities, is revalued based on the federal funds rate higher than the rate on their liabilities, such as deposits. JPMorgan does expect NII to grow as a result of rising rates. In 2021, NII from loans and securities was about $44.5 billion. With expected rate increases this year, some growth in loans and securities placements, JPMorgan expects that to grow to about $50 billion in 2022.
But JPMorgan also gets NII from the bank's CIB Markets division, mostly from the bank's fixed-income capital markets business, doing things like holding bonds and some customer lending and financing. This was very high in 2020 and 2021 at $8.4 billion and $8.2 billion, respectively, but is now expected to normalize as rising rates also drive up the cost of funding fixed-income assets. In 2019, when the economy was more normal, the NII of CIB markets was only about $3.1 billion. Thus, while JPMorgan is expected to benefit significantly from rising rates, NII may be offset to some extent by lower NII in CIB markets, although this NII is harder to predict.
JPMorgan's spending forecast also took analysts by surprise. After spending just under $71 billion last year, management expects spending to reach about $77 billion this year, a slight increase. About $2.5 billion of that increase will go toward employee compensation and normalizing travel and entertainment expenses, and about $3.5 billion will go toward investments in the company, such as technology capabilities, expansion, and marketing.
As analysts noted, such spending growth is likely to make it difficult for JPMorgan to get positive operating leverage this year and possibly next, when revenue growth outpaces expense growth.
But CEO Jamie Dimon said reaching 17% ROTCE is not out of the question in 2023, depending on factors such as the performance of fixed-income capital markets and the deployment of excess cash, on which the bank has been conservative. Investors also seem somewhat disappointed that JPMorgan has significantly increased its investments in the company over the past few years, so they want those investments to be reflected in earnings.
JPMorgan stock has been priced pretty high, and it will face some difficulties in the coming years. At this point, there is probably potential for much higher returns in stocks like Citigroup and Wells Fargo, which are on a turnaround. But they also carry a lot of risks, while experts are confident that JPMorgan management is managing the company wisely and investing to handle all the competition in the banking sector now and in the future.
NYSE: JPM/ JP Morgan bullish reversal by tomorrowJP Morgan has been ranging for a few months now. I anticipate it to do the same thing it's been doing thus far and continue consolidating. We look to see a rejection in today's trading session and a confirmation of a bullish reversal by tomorrows trading session. JP Morgan will bounce off our strong support cluster to continue ranging until we get a confirmation of a clear breakout in either direction.
Citigroup Is Seen to Have an 18% Upside PotentialJPMorgan, Citigroup and Wells Fargo are going to publish their quarterly earnings reports on Friday.JPMorgan’s Earnings per share (EPS) is expected to be at $3.03 and its revenue is forecasted to be $29.89 billion.
Wells Fargo is expected to report EPS at $1.12 and revenue at $18.9 billion, while Citigroup is seen to report EPS at $1.38, and revenue at $16.75 billion.According to Refinitive polls the strongest upside potential is expected to be seen from the Citigroup stocks at $80.47 per share, or with an uprise of 18.72% of the current prices.
Let’s look closer at the technical incentives of this possible spike. Firstly, stocks are moving within the upward trend that started in March 2020, and the last time this trend line has reached was at the end of 2021. The recent upside wave started on December 20, 2021.
However, the upside potential at the moment is limited by the resistance line of the junior downside trend from February 2021. This junior trend was approached by the price from the downside for the fourth time. This increases the chances of a possible breakthrough. Once successful, if the price surpasses the $68.70-69.00 area, it would lead the price to the previous highs at $80-83 per share. The last time Citigroup stock prices were located at $80.29 and at $80.70 was in June 2021 and January 2018 respectively. The all-time high for the stock prices was established at $83.11 in January 2020.
So, technically there are no reasons to stop the climb after stock prices would break above $69.00 per share. However, even the ongoing attempt of a breakthrough would be less successful this time so Citigroup stocks should not be left behind, as they may perform a short downside correction to $64.50-65.00 to the crossing of the EMA21 and EMA55 moving averages on the daily chart. From this zone buy operations could be resumed as the next attempt of an upside breakthrough could finally succeed.
RUNE/USDT QUICK UPDATESince my last analysis, the price has jumped by almost 30 percent and if we break now our LOCAL and GLOBAL lvl we can possibly expect another 15-20 percent pump to the upper side. Wait for the breakout moment and confirmation.
WE ARE CURRENTLY FIGHTING TO CLOSE ABOVE WEEKLY LVL ON A DAILY CHART.
TARGETS: TP1 - 7.671
TP2 - 8.045
TP3 - 8.210
STOPLOSS : WEEKLY CLOSE UNDER 6.726
GOOD LUCK!
EOS/USDT LONG TERM POSTITION TRADEAlways focus on a perfect entry! It will reduce the possible risk in your trades, even if it is a position trade!
In my opinion this coin has still 300 - 400 % potential to grow in 2022. I strongly believe that we can attack the important leg of the move on the weekly, monthly chart.
Institutional traders are slowly getting in and averaging their positions, so don´t miss this opportunity. Realistic expectations could be even higher and the price can create new ATH in 2022, but its too early to make a conclusion.
1. Entry - 2.550 - 2.630 (if we don´t reach this price then enter first confirmed valley on a 1D chart - (3.220 - 3.260)
2. Entry - 1.965
TP1 - 5.561
TP2 - 6.773
TP3 - 8.908
TP4 - 11.958
Stoploss: WEEKLY CLOSE UNDER 1.396
Good Luck !
JPM JPMorgan Chase Neutral1- CCI 20 is perfectly over 140. (sideway )
2- a little close to Resistance than support. ( little bearish )
3- The red line is over the White line of “ACL” (self-made indicator) .( Bullish ) (ADL indicator)
4- "Multi analyzer" (self-made indicator) is uptrend and is 5 right now. ( Bullish )
5- Close is over the red and white line ( Bullish )
6- Mid-term channel (LR of 9months) is ascending (Bullish )
7- Long-term trend is Bullish ( little Bullish )
8- In bottom half of Mid-term channel ( bearish )
9- around middle of channel ( little bearish )
Overly , Bulls are stronger
Buying is suggested in reaction to bottom of the channel.
Buying is also suggested after breaking the resistance around 173$
SL: depend on the setup (I will clarify later)
TP1 : depend on the setup (I will clarify later)
TP2: depend on the setup (I will clarify later)
Beyond the technical: (do your analysis, I’m not educated in the case of fundamental analysis academically)
Fair Price to Intrinsic Value: 2.72
To summarize my fundamental opinion on this stock:
A little bad ( a little bearish)
In case of good stocks I prefer to be an investor not a trader, but trading with lower Trading with smaller amounts can increase the overall profitability without any unreasonable risk.
Kadena Blockchain- Like i said in my older Analyse, while some peoples are waiting for some projects to moon, some projects are taking the path already.
- Before you invest in a Project you have to DYOR a maximum, don't use Twitter, Youtube or influencers, don't be lazy!, research by Yourself!, check the Tech, check investors and Ventures, check the Team, check Advisors.
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A bit about Kadena :
- Kadena's blockchain enables enterprises across industries to efficiently transact and share data in a decentralized manner.
- Kadena's technology aims to solve the challenges with current generation blockchains issues such as speed, scalability, and security.
- Prior to founding Kadena in 2016, Stuart Popejoy and Will Martino led "JP Morgan's Blockchain" Center for Excellence.
- Dyor also about GoldShell KD5, KD2 rentability, you will understand why this coin is going up slowly but surely.
- www.asicminervalue.com
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Next Targets
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TP1 : 2.95$
TP2 : 4.45$
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Stay Safe!
Happy Tr4Ding !
As Inflation Rises, So Do the Opportunities in CryptoInflation is here to stay. Part of the reason why the government was caught off guard was because the US has been offshoring manufacturing for years now and is no longer looped into things like supply chain issues that are happening thousands of miles away. What's likely to happen, and how can crypto benefit from it?
JPM TRIGGERED FRESH BEAR SIGNALThere is a wolfe wave setup on the Daily time frame. The projected target is calculated by extending a linear line between pivot 1 and 4 and projecting the line. This is represented as the red perforated line, as shown in the chart. There are a few targets shown in the chart. Gap targets at 157 and 155. Bearish wolfe wave target is projected to be approx 143. We expect to reach this price target within 21 days.
JPM has reached to it's highest resistance , possibly shortNYSE:JPM
hello guys , I wish you're all fine .
JPM touched 168$ which has been a nice resistance on June 03 2021
Also the candles looks bearish in 1h and 4h
RSI is at 67.85 and overbought
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Also I think because of the fear of inflation in U.S and also low CB Consumer Confidence which was reported today and caused stocks to fall and bearish , JPM has not fallen enough in comparation to the other stocks .
So probably on Wednesday when the market opens , we must see what's gonna happen to JPM
I go for a short position .
what's your idea guys ??
is JPM still bullish or it's bearish now ??
!! this is just a personal analysis and this person has no responsibility of your trade and risk !!
JPM daily perspective and possible impulse coming.Today we will take a look at the JPM chart:
What are the main things we can see here?
a) The price is above the last support/resistance level.
b) The ascending channel has been broken, and the price is currently supported on the broken structure
c) We can see a complete ABC corrective pattern
d) Projecting a new channel assuming that the price makes a new ATH, we can see a convergence with fibo levels using the previous impulse
What conclusions can we take with this?
a) f the price reaches our green horizontal line, we will consider that to confirm our bullish view.
b) The targets we will be using are the two levels we have drawn using Fibonacci extensions
c) Ok, what happens if everything goes wrong? Our stop loss will be below the Corrective pattern.
d) If the setup is never activated and the price falls below the structure, we will cancel our view.
e) The risk we are taking on this setup is 1% of our trading capital.
f) This is another setup of the stock strategy we are applying on the markets. The expected win rate of this is between 45% - 55%, which means that we tend to be wrong half of the time. However, when we are right, we make around 1.8 to 2.5 times what we lose.
g)The expected movement can take between 150 - 250 days.
Thanks for reading guys!
JPM support line, target price It seems that it will show support at 61.80% and break through all high points if it crosses the purple downward line. The effectiveness of jpm was actually a surprise. I don't think it's reflected in the stock price yet. I think a good buying opportunity is coming soon. If the golden cross of 100ma and 200ma appears on the 15-minute chart, it is recommended to enter.
$SPY Divergence; Its different this time!!??A little background on myself as this is my VERY FIRST EVER POST.
Like most of us on here, I have tremendous goals in life and don't want to settle for "being average". I grew up below the middle class by a single mother of four kids that worked two full time jobs to provide for her kids and I couldn't afford university. I have worked in the oil patch in Alberta Canada along with a few well paying labor intensive jobs to earn more money to find the more I earned, the more taxes I paid and expenses I seemed to have incurred. Life felt like a trap and this was brought forth by my favorite author and someone I'd consider a mentor now; Robert Kiyosaki, approximately two years ago.
I've taken it upon myself to educate about many subjects starting with banks and our monetary system over the past two years. (I wont get too in depth with this subject as it can be debated and go on, and on, and on) I was pleased to learn the Federal Reserve has nothing to do with the Federal Government and there is no reserves (who knew right!?)… Banks have fascinated myself as they hold the most of what I want. I've witnessed first hand ITS ALWAYS ABOUT THE MONEY many times over the past year, most recently with my wife and mother of our two kids - 11 months and three years old, battling breast cancer at the age of 32 years (about to go for her second round of chemotherapy) when she had to try a drug that makes her feel like crap and fail first because the other one that's substantially more affective with less side affects - costs more money.
Much like most wealthy people (I don't consider myself wealthy. Yet). I want people to create an empire, and success stories get me excited! So, I've decided this is my first step in sharing something with the rest of you that have influenced many trading ideas and decisions over the past two years. I would appreciate any feedback or opinions on this because as I've learned; NEVER let your opinion put the blinders on or emotions get in the way of a trade. (this was my cost of education haha).
THANK YOU TO EVERYONE THAT POSTS AND SHARES THEIR IDEAS - I have and will continue to learn from all of you at one point or another!
NOW to the "MEAT AND POTATOS"
The banks tops pre-Covid Crash - I'm calling this a crash because of how short lived losses were - December 23, 2019. 36 Trading days later we saw the S&P begin to take a bath. JPM, WFC, & BAC (the 3 largest banks in America) had a very visible divergence prior to this fall out creating lower highs as the S&P was making new highs which sounded an alarm in my head however I kept it to myself being newer to the markets and sold most positions sitting on what I had ready to buy the bottom. I didn't quite buy the bottom but definitely caught my sails in the winds on the way back up but that's besides the point.
Here we are 360 trading days later banks have clearly put in new highs June 1st
Since there is a clear divergence AGAIN in place between the big 3 and the S&P 500
JPM Earnings July 14th (tomorrow) - DOWN 1.40% TODAY
WFC Earnings July 14th (tomorrow) - DOWN 1.90% TODAY
BAC Earnings July 14th (tomorrow) - DOWN 1.45% TODAY
36 trading days from June 1st highs would lead me to July 23rd (also happens to be my bday - this would top any cake I've had) for the beginning of a potential correction!
Time will tell but I will be watching how they react to earnings. If they make a lower high I will shuffle over to more of a bearish position and increase my hedge on call options in SH, UVXY, SPXU. New highs will indicate S&P has great potential to keep running! Both scenarios are still in play!
Another little touch to leave yourselves with encouraging a proper hedge:
***Copied from yahoo finance data***
Top 8 Holdings in SH (51.55% of Total Assets)
Name Symbol % Assets
S&P 500 Index Swap Bank Of America Na N/A 11.03%
S&P 500 Index Swap Bnp Paribas N/A 8.22%
S&P 500 Index Swap Goldman Sachs International N/A 7.45%
S&P 500 Index Swap Societe Generale N/A 6.74%
S&P 500 Index Swap Ubs Ag N/A 6.34%
S&P 500 Index Swap Citibank Na N/A 5.23%
United States Treasury Bills N/A 3.37%
S&P 500 Index Swap Credit Suisse International N/A 3.17%
***Copied from yahoo finance data***
Top 8 Holdings in SPXU (109.31% of Total Assets)
Name Symbol % Assets
S&P 500 Index Swap Credit Suisse International N/A 22.37%
S&P 500 Index Swap Societe Generale N/A 20.03%
S&P 500 Index Swap Ubs Ag N/A 18.23%
S&P 500 Index Swap Goldman Sachs International N/A 14.18%
S&P 500 Index Swap Bank Of America Na N/A 12.11%
S&P 500 Index Swap Bnp Paribas N/A 11.10%
S&P 500 Index Swap Citibank Na N/A 6.55%
United States Treasury Bills N/A 4.74%
Very similar trends in Canadian bank stocks if you care to take the time and compare TD, RY, BMO, BNS as well!
Thank you all for reading and PLEASE share your thoughts on this!