Mask Network: Waiting for the "Coinbase Effect" MASK has fallen steeply over the past four months. MASK is currently down a whopping 86%.
This trading idea needs the full price chart of MASK which is available on the Huobi Exchange. See the full chart and my idea described here:
Sincerely,
Bullbearish
(I'm a Bull. But Bear happens!)
PS: Nothing I post should be construed as trading or financial advice.
Mask
Mask Network: Waiting for the "Coinbase Effect" MASK has fallen steeply over the past four months. The steepness is less apparent here because this chart is a logarithmic chart. None-the-less, MASK is currently down a whopping 86%.
Although recently listed on Coinbase -- where's the "Coinbase Effect"? (Or the "Binance Effect" for that matter?)
MASK does look primed for price surge. Why?
- It's rare for an asset to fall this far without a strong bounce.
- Recent listings on Binance and Coinbase bode well for MASK.
- An apparent turnaround happened on July 21 after the bottom at $3.00.
- Volume and price are increasing.
- Market Cap is $51M making this a small-cap asset with huge growth potential.
- Mask is in 45 markets, unusually high for a five month old asset.
Short term "Coinbase Effect" target: 50% retrace to $16 (which is 4X over the current price).
Sincerely,
Bullbearish
(I'm a Bull. But Bear happens!)
PS: Nothing I post should be construed as trading or financial advice.
Mask Network - Be Greedy Whilst Others Are Fearful Mask network is one of the newest coins to hit Coinbase. (showing KuCoin chart due to longer price history)
Highly speculative play anticipating a reversal or short rally.
Price has collapsed 96% which is very lucrative in my opinion.
This coin has a rather high inflation rate but low total supply so with demand it should not be an issue. Something to watch for.
My conservative target would be a test of the upper Bollinger Band around $21.
Potential for massive returns in a relatively short timeframe.
As I said, HIGHLY speculative but worth the risk for me.
Not Financial Advice.
Elon Musk received 1.5 B for Bitcoin advertising on TwitterHi! What's up bro?
I carried out an analysis of Bitcoin futures on CME exchange. Showed the distribution by profile volume and candlestick volume and compared the volumes in the last three months. And suggested when a fall in prices would begin. Happy viewing!
The fall is likely to start in April, and it’ll last for 3 to 4 months. I’m waiting for the BTC bottom in July-August at $10,500-13,000.
And now as to figures. 1 contract on CME = 5 BTC.
How much is it in dollars?
41,000 futures with a cost of 55,000 to 60,000 were distributed. The average price by profile volume is 58,000. Multiplying 41,000 by 5 and then by 58,000. So, the capitalization of CME futures alone is almost $12 billion in April!
P.S. God damn! Supposing that Elon Musk was paid $1.5 billion for ad by advertising BTC, then only for April, the organizers gained X10 in billions of dollars. 🧠
BITCOINBitcoin on its channel is approaching the ceiling of its channel.
The roof of this channel has not been broken yet, and the last time it was touched, it caused a sharp drop in bitcoin .
A few bit targets in this way will be :
75000$
82000$
88000$
95000$
102000$
After touching the channel roof , it is likely to fall back to the 55000$ or 35000$.
Tesla will join the SP500 S&P Global announced that Tesla will join the SP500 on Monday December 21st.
Tesla will become the largest company in history when included in the SP500 index. Its quotes soared 14% on news of inclusion in the index. The share of Tesla with a market capitalization of $ 385 billion in the total capitalization of the entire index (about $ 28 trillion) will exceed 1.3%. This event will entail an automatic inflow of investor funds in the amount of about $ 51 billion.
Inclusion in the S&P 500 is in line with Wall Street's expectations for Tesla's first full calendar year of profits in 2020. The company posted profits in the first three quarters of the year, despite a pandemic in which local authorities in California ordered the temporary closure of Tesla's only US car factory. The company posted a record $ 331 million in third-quarter profit driven by production at its Shanghai plant, where Tesla benefits from cheaper labor and strong demand for its more affordable Model 3.
In the third quarter, Tesla was backed by $ 397 million in loans, helping it reach profitability. The company aims to ultimately produce 20 million electric vehicles a year and become the world's largest automaker. Tesla delivered a record nearly 140,000 vehicles in the third quarter and is on track to meet its goal of 500,000 vehicle shipments per year.
TSLA moves in an uptrend channel . Today it has broken the resistance line of symmetrical triangle. Price encountered the resistance level of $460. The next markable target for bulls will be near $600.
Best regards EXCAVO
Gap fill for HoneywellPossible quick profits on a short position, but the trend is generally upwards. The gap could get filled quickly followed by a return to the upside due to increased sales of surgical masks in the COVID-19 pandemic.
Inverted H&S with a 60% up potentialAfter months of consolidation it looks that a inverted head and shoulder was formed.
TESLAWelcome to Excavo's professional analysis of the stock prices of Tesla Inc.
Tesla is up more than 91% year to date.
Fundamental Analysis and News:
Morgan Stanley raised its base case price target on Tesla (NASDAQ:TSLA) to $500 from $360 and the bull case target to $1,200 from $650.
The company has "significant addition optionality" through the truck, self-driving, battery technology, and solar markets.
Technical Analysis:
Currently, TSLA is approaching an important all-time psychological resistance level of $1000.
It should be noted that the price action flashes a bearish signal - the gaps that are in areas of the chart where a security's price either rises or falls from the previous day’s close, with no trading occurring in between. Gaps like these tend to get filled and indicates that a trend reversal is forming from bullish to bearish, and a downtrend could follow.
On the flip side, many stop-loses hold on in a $1000-1100 trading range and in case of achieve these points there will be a closing of sell positions at market prices, which opens up the gates for a further rally to target the next resistances up to $1600.
Remember to be cautious and to use proper risk management tactics to prevent any losses from unexpected market movements.
Resistance Levels: $1000, 1100, 1300, 1600
Gap levels: $655, 589, 514, 430, 255
Day's Range: 41.61 — 45.73
Market Cap: 154.068B
Stay tuned for future technical analysis, news, updates, and more from EXCAVO