Slow progress on the DOGE Coin.While new ideas are great, it is also important to follow up with any results. Here in accordance with the slow move and due to pressure, we traced a new trend line. That, show the little progress and again, pressure as a resistance. We then understand, that it is also important to look for a watch of a break of some kind, when it will happen. The more sell signals shown, the more resistance, the opposite for support.
For educational purposes only and not intended a financial advice of any kind.
S-COIN
COINBASE (2H ) - Midterm trading plan Hi Traders,
Another Quick Idea. COINBASE entered Market in the right time - TO SELL :D... When bitcoin peaked.
So we can see 3 impulsive wave down and right now forming some kind of Triangel or ending diagnal. = possible Wave 4.
Hence I expect One more truncated wave down. Shorter than wave 3. (Wave 3 is never shortest acc. to Elliot Wave rules).
If so, I will look for entry into COIN around 170-190 USD and BTC 23-25K. Wait for RSI convergencies at least at 4H-6H chart. ;)
Trade safe, use stop loss and stick to your strategy. Enjoy the game.
Help me improve my Back-testing So here I am back-testing support and retest with 200ma and RSI,
To take a tread I have to see if the trend is up or down according to 200ma and conform it with RSI and see if RSI is also agree with EMA .
Then I find the Trond support and see if the retest works and then I enter.
Now what do u think I should add in my back- testing
Ethereum Might Fly Soon 🚀🚀🚀📈 ETH/USDT | Potential Upward Movement
💡 Buy Limit Order @ 2457.00
🎯 Target Profit 2622.57
🛑 Stop Loss 2375.09
❌ Do not risk more than 1% of your account on each trade
Description:
The price managed to break the bearish channel to the upside where it posted a double bottom. A lower correction is expected to the highlighted zone before a rally all the way up toward the target profit mentioned above.
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Crucial Moment For COIN $290 PTCurrent Price $223.94 Price Target $290
Option- VEGA (vol) making the options too expensive for my liking. Therefor I will be buying just shares.
Coinbase has a first mover advantage that really has helped them build out their customers and continue to grow those customers by focusing on security, Coinbase is one of the only major crypto exchanges to never be hacked. The security of Coinbase makes it a favorite of institutional investors. They plan to sell cybersecurity services tailored to blockchain and crypto . COIN is coming out with a rewards credit card through a partnership with Visa. Coin is not just a crypto exchange, its a growing company trading at only 23x FWD PE, which is about the same multiple being applied to the S&P 500. Im long shares !
DOGECOIN CYPHER CLASSIC SHORTDoge is bearish to 30 cents or slightly lower. i want it to hold, i really do, but i am selling and waiting for better entries.
BTC/USDT Price Action Fractals (CONTD)Hello guys, apparently the previous price action fractals almost went as planned. As expected, i wasn't expecting it to match it 100%. But if trades were taken off of it with proper money management and good entries. We should be looking at a portfolio well in profit. I'm expecting a re-attack on the 40k range before any significant correction happens. But like i would always say, i can be wrong. Open to corrections and suggestions. Let's see how this pans out. Note: this is just my personal analysis and Not Financial Advice. Trade responsibly.
WallStreetBets and ARK invest use same PUMP???If anyone uses the same pattern of behavior it becomes easy to detect it. I remember the very first time I found similarities between Crisper and NASDAQ:TSLA Tesla, then similarities between NASDAQ:AQB and NASDAQ:BNGO . there are many different companies with the same price pattern and the missing part of the chain was always ARK invest..!
Look at Ford NYSE:F Volume Pattern:
Tesla and Crisper:
AQB and BNGO:
I don't think I'm delusional..!
Ever since I found Bill Hwang was the person who provided the seed money for the first 4 Thematic ETFs of ARK investment, I think anything could have been done by them! I became more suspicious when reading Cathie woods interview:
"He did provide the seed for our first four ETFs, and we were very grateful to him. It was at a time where market makers were sick of seeding new strategies,"
Wood said she had sent Hwang a note "wishing him well" after the Archegos collapse. Wood said she had no idea if Hwang had remained a shareholder in Ark ETFs.
Who is Bill Hwang?
The CEO of the Archegous family office with a Brilliant financial history!
He'd been accused of insider trading by U.S. securities regulators or that he pleaded guilty to wire fraud on behalf of Tiger Asia in 2012.
The SEC maintained its prohibition on Hwang managing money for clients, preventing him from getting back into the hedge fund game.
Do you know the meaning of Archegos?
Archegos is a Greek word that means one who leads the way.
I will not wonder if it turns out Cathie Wood was led by Bill Hwang in the past 7 years.
Do you think it is possible Cathie Wood Doesn't know Bill Hwang is still a shareholder in ARK investment or not? the very same guy who provided the seed money..!
Reference:
www.yahoo.com
www.bloomberg.com
Long Coinbase - 60 Percent Plus Potential Gains12 Month Price Targets:
High: $650
Mean: $396
Low: $225
About:
Coinbase Global, Inc. provides financial infrastructure and technology for the cryptoeconomy. The company provides primary financial account for the cryptoeconomy, a platform to invest, store, spend, earn, and use crypto assets; an online marketplace for hedge funds, money managers, and corporations; and a platform with technology and services to developers, merchants, and asset issuers that enables them to build applications that leverage crypto protocols. It serves retail users, institutions, and ecosystem partners. The company was founded in 2012 and is based in Wilmington, Delaware.