GBPNZD Weekly TF 04/02/2021in this analysis we are focusing on a very long term position which can be kept opened for a year and half or more,
we have a simple descending channel and a Fibonacci projection which is having confluences between the parallels leg and lower bound of the channel
we have specified the 1 TP as the ATL and it can be achieved probably by mid or end of 2021
and the 2 TP can be for 2022
there is a Green TP zone which should be traded very carefully, we should reanalyze the market when the price had fall to the zoon or 127% of Fibonacci projection
Longtermtrading
$GLBS BULLISH REVERSAL $4 to $20 to $95The chart pattern is a falling wedge, it’s a bullish reversal. The price has been bouncing between support and resistance and today we can confirm its a buying opportunity. I have continued to buy and bought more at the $4.00 range.
The rsi is oversold on all time frames, the emas were trashed, the volume is high, the OBV is down, the only indicator was the chart pattern connecting trendlines.
Currently the price is $4.00, my forecast on this stock in the next 24 months is a target of $24.00. And the highest possible target is $95.
Float percentage of total shares outstanding is the percentage of float shares relative to the total shares outstanding. As of today, Globus Maritime's float shares is 9.61 Mil. Globus Maritime's total shares outstanding is 9.62 Mil. Globus Maritime's float percentage of total shares outstanding is 99.85%.
Insider Ownership is the percentage of shares that are owned by company insiders relative to the total shares outstanding. As of today, Globus Maritime's Insider Ownership is 0.00%.
Institutional Ownership is the percentage of shares that are owned by institutions out of the total shares outstanding. As of today, Globus Maritime's Institutional Ownership is 0.53%.
Short Percentage of Float is the percentage of shares shorted compared to the float. As of today, Globus Maritime's Short Percentage of Float is 18.03%.
Globus Maritime is a dry bulk shipping company. It was impacted by the world shutting down due to Covid-19, bad business decisions such as reverse splits and net loss on sales. However the company was able to finance to expand business operations with a new fleet and they continue to expand. This isn’t a short squeeze opportunity, this is a slow growth opportunity.
When investing always do your own research, you are responsible for your trades. I’m not your financial advisor, im share an idea. And I personally invested in this stock because I believe in it long term. I’m holding, im buying more and its my risk.
XAUUSD Potential BreakoutHello traders, hope you are all doing well.
From my last gold trade and took on board of what I shown, I hope you enjoyed the hefty 3500+ pip movement!
Anyways from the graph, a short term position looks like is going to be expected. Which will be a 400+ pip movement? I am not too sure. Anyway after that it can either go one or two ways. A breakout on a long or on a short. In my opinion a long will be used to reach the resistance line and then a short position will be expected. Or on the other hand a short long term position will be used and will drop.
Again I believe it'll go between them two ways so only time will tell.
If you have any comments or suggestions please comment and I will be sure to get back to you!!
Entry and exit strategy for BitcoinHello everyone,
According to some some clever people, Bitcoin bubble's can be accurately recognized by a double peak at the RSI plot twitter.com
I've spend some time and improved this analysis, changed upper band for 90 and lower band for 50 scores. Moreover, other settings were modified: length was changed for 16 days while source is open. The visible orange lines indicate first peaks in Bitcoin price/bubble however, red lines indicate final exit point of second RSI bubble. Lower RSI value is set up to indicate entry position, moreover, blue vertical lines were used to confirm the accuracy of that strategy.
Just to simplify the analysis, when RSI is:
- above 90 at monthly chart = STRONG SELL
- below 50 at monthly chart = STRONG BUY
As you can clearly see, the 2020/21 is a bull market for Bitcoin, however, we didn't even touched the 90 day RSI for a primary signal of a first bubble in Bitcoin!
Keep HODLing and don't panic!!
Regards
Simon_says
BLNK / Blink Charging Long Setup Blink aligning itself for a nice long , currently pulling back from the 60 USD region after recently printing a fresh ATH of 64 USD . Imo we have a great Buy opportunity presenting itself down in the orange box at the .66 .618 fib levels / 44-47 USD Region. This level also aligns with our Volume Profile and should act as a strong support and give us the bounce we anticipate .
Blink Charging Co has preformed very well and will continue to shine with all the focus on a sustainable world a reduction in fossil fuels and ultimately Only Electric Vehicles on the roads eventually , it is the company behind electric vehicle charging equipment and networked EV charging services that will be relied upon by the electric car owners both now and in the near future .
Trade with a clear and concise plan ...Know your entry , Exit , position size and don t forget to take PROFITS on the way up or down ....Set Targets ...
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Coffee Future is getting closer to pick a direction...KC=F has been in a vicious bear market just like many agricultural commodities. There is a down trend line since May, 2011. It is getting close to the apex of the symmetrical triangle as well. If it breaks up, it will be pretty bullish and it may be the start of new bull market in Coffee.
BITCOIN MAJOR RESISTANCE - $65,000 - $75,000 - I have an interesting idea from studying the logarithmic superstructure of BTC that I would like to share with the TV community;
From 2012-2018, BTC was trading above the black support line. However, during the late-2018 crash that saw us hit our cyclical low of $3,400, BTC fell BELOW this support line. The following pump in Summer-2019 actually confirmed it as resistance.
Now it looks as if BTC is taking another swing at this support-turned-resistance, and according to this model, that will occur at around 65k-75k; this figure is actually the 3.618-4.236 fib range.
Interesting note - all previous BTC bullruns have actually generously surpassed the 4.236 fib, so I will refrain from making so bold a statement as to say that this is going to be the absolute top of this cycle. HOWEVER, we are talking about a nearly 10 year trend line here, lets not disregard this.
Hence, It would be wise to consider taking profits as we approach this trendline. Beyond that, we can only speculate possible future scenarios, a few of which I'll outline as follows;
a) BTC can break upwards, which would shoot us straight into 6-figures. Potentially, it would reject at first, then consolidate to build energy, then continue up.
b) A violent rejection of this resistance can toss us back down AS LOW AS $15,000 - see the new log slope denoted with a faint red trendline. If such rejection were to take place, it would confirm that BTC has entered a flatter rate of growth. And this actually does makes sense to me, given the size of the marketcap at this point.
c) BTC may continue to bang its head against the resistance throughout 2021, in which case we can still see prices as high as $190,000 before 2022.
As we all know by now, Bitcoin has always been a big gamble at a high-stakes game. I wish you all the best of luck.
EURUSD MONTHLY!!!Monthly charts are more reliable.
It seems that the top line of the descending channel, which started to form in April 2008, Is broken
What is the next move?
Due to the daily chart and volume reduction, it seems that marketers do not intend to increase the price sharply!
I think route two is more reasonable for the market to continue.
Let me know your great ideas on the EURUSD monthly chart!
Bursa DNEX - Longterm Chinese New YearPrice has stayed at 0.30-0.20 zone for 2 years before it break the consolidation zone to >0.310 & rally break to > 0.40. Expecting retracement/ pullback when market open next Monday due to Malaysia is celebrating Chinese New Year Festival. If most buyer who invested this week & started to let go next week, we could expect that the price will be moving sideway within 0.38-0.29. There is a possibility that it will break 0.50 which short period due to the projects news released recently.
Disclaimer: If you choose to follow this trading idea you do so at your own risk after giving thorough and reasonable thought and consideration to your actions. All trading is high risk and one of the most difficult activities you will ever consider. Don’t trade with money you can’t afford to lose.
Bullish on OCEANTicker: OCEAN
Fundamentals
Ocean Protocol uses something called PoD (proof of data) and is in the business of Big Data, which is expected to reach $229.4 Billion by 2025. PoD is a little bit like PoS where you can stake your coins to earn rewards.
Ocean gives big data tools for Web3, which is a massive game changer. Think if Cambridge Analytica was an ethical business! Ocean Protocol, although it's tech focused. It has an excellent BUSINESS model. There are plenty of projects that have good tech but know nothing about business, this is where they fail. Not Ocean though... If you don't know what web 3 is, think of how revolutionary the internet was. Web3 will have a similar impact to this!
These are some of the few fundamentals on why I'm so bullish long term for Ocean.
Technical:
Time-frame: Swing Trade
Area of Interest: $0.4 - $0.5
Invalidation Area: $0.35 currently, changes over time following bullish curve.
Area to take profits: $0.7 - $0.8. Looking for $1.5 by Q4
Bitcoin 500K USD till eoy 2022 ? Hello everyone,
100K is on table and this is just update for the long term perspective to get some more attention for the long term calls and explain that long term investing is profitable and less tressfull then daily or more overally active trading + you save your time for important things instead of sticking your face to monitors.
What do you think ? Can Bitcoin reach 500K within 2 years ?
*Interesting fact
approx. 3M of Total 21M Bitcoin is allready lost forever.
BTC = Scarce = store of value = supply drain & demand increase
ChaChain
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Disclaimer:
I´m not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and therefore I´m unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
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Ascending triangle break out long term plan BTCIt seems current price action is forming ascending triangle with higher lows in all time frames up to 1d. The above is example in 4h, let's say if we break previous all time high that will be also break out for this pattern. One can open long position at previous all time high after pattern retest. And wait till fibbo level 1.618 from swing high-low from ATH.
Basically breaking above ATH will result confluence of fibbo retracement level(1.618), pattern breakout and price movement towards another strong psychological level of 50k.
Entry Price: 41969$
Stop Loss: 41088$
Take Profit: 48973$
Note: we still have danger of RSI weekly in highly overbought area and indeed ticking time bomb which may explode anytime, always keep eye on the 30k price level
BTCUSD preparing the launchpad for 50k#BTCUSD (4H):
Priced soared again to take 40k, but found a strong resistance, If this high holds, I'm expecting the price to retest 34 once again to confirm the consolidation formation before the next impulsive move.
Should we see a break above 40k soon and 50k will be just a matter of days/weeks.
EurAud Third PushWe can see EA has had two pushes with return to accumulation. Last week we a stop hunt out of the accumulation that formed a big multisession "M". We now see a second stop hunt form another M on the lower time frame moves. We should see another push down to the Green take profit zone this week with a W and buys coming Q1 of next year!
CRYPTO Cardano ADA - Weekly Yearly IdeaAs seen from the trading idea, the price is uptrend trend & expected pull back will happen once it reach the rejection blue zone before continuing long.
If the trend keep going uptrend then it's easily reach to the 0.39533.
Disclaimer: If you choose to follow this trading idea you do so at your own risk after giving thorough and reasonable thought and consideration to your actions. All trading is high risk and one of the most difficult activities you will ever consider. Don’t trade with money you can’t afford to lose.
GBPUSD Breakout IdeaGBPUSD will have a huge breakout if seller couldn't defend 2019 High and latest 2020 High. It's kinda similar post that I posted on USDCAD(there is link below for reference).
The White Zone represent as Resistance zone (about 186 pips) as price still can make noises as market still trying to collect SL before showing it breakout(if only price goes to this trade idea). And if it breaks out, only look for buy trade in long term period and sell for short period of time as price raise since 16 Mar 2020 (lowest price level of whole time in history). Hope this post will helps on future trading plans! ^^
Have a good day and trade safe, and stay safe!