SATS Ordinals price is trying to rise, but for how long?After six months of a stable downward trend, the price of #SATS (#Ordinals) began to rise on increased trading volumes.
😱 Of course, six months to a year ago, holders were promised “golden mountains”, but in fact, after being "put in longs", there was almost a 10-fold depreciation of the asset.
🆗In the range of $0.00000045-0.00000060, there will be strong sales from those who want to get out of the drawdown at least to “zero”, this is how human psychology works.
And if you want to try your luck and trade OKX:SATSUSDT , then buying earlier than in the range of $0.00000017-0.00000022 can be harmful to your health and deposit) 🍿
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SATS
Short Setup for SATSShort Setup for SATS there was a condition where the pattern was bearish so I made a setup to go short
DRIFT/USDT NEW INCREASE VOLUMEat the low time frame, DRIFT/USDT showing a new increase in volume which could be confirmed in the coming time frames.
The coming 12H could be interesting for the trend. following to see if this coin can be confirmed in the coming hours.
Focus target = 18% $0,53
High target $0,60
The SATS Price Plunged 15%, but Could Keep FallingThe SATS price plunged more than 15% in the past 24 hours to trade at $0.0000001474 at press time.
With this latest drop, the altcoin’s weekly and monthly performances have been forced deeper into the red.
The SATS price is approaching the critical support level at $0.0000001435. Should the crypto fall below this key price point, it could be at risk of plugging to the subsequent mark at $0.0000001265.
However, SATS remaining above $0.0000001435 for the next 12 hours could invalidate the bearish thesis. In this alternative scenario, the crypto might end up attempting a challenge at the $0.0000001665 resistance level. Overcoming this threshold could then give the crypto the foundation needed to keep climbing in the following 24 hours.
Technical indicators on the 4-hour chart for SATS warn that the crypto might not be through dropping just yet. Both the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI) indicators are showing bearish signs. These technical indicators are also on the verge of triggering major bearish flags.
Firstly, the MACD line is collapsing towards the MACD Signal line. Traders usually see this as an indication that a crypto is about to enter a negative short-term cycle. A confirmation of this might be if the MACD line crosses below the MACD Signal line.
Meanwhile, the RSI is on the cusp of breaking below its Simple Moving Average (SMA) line. This could indicate diminishing buyer strength. If bulls don’t step in soon, the RSI could soon fall below the SMA line to signal that sellers have gained an upper hand against buyers.
If these technical flags are confirmed and validated, the SATS price could soon lose the key support level at $0.0000001435.
Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Ecoinimist is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
SATS NEW INCREASE VOLUMESATS seems to have a new increase view with the possibility that we are going to see a new volume trend in the coming time frames.
For confirmations, we need to follow the coming time frames.
This coin has seen since MAR month 3 breakdown trend.. the new time frames can make a change for a new uptrend since a long time ago.
EchoStar secures $2.7bn contract with US Navy, boosting prospectEchoStar Corporation has clinched a significant contract with the US Navy, valued at USD 2.7 billion, under a ten-year indefinite-delivery, indefinite-quantity (IDIQ) scheme. This flexible contracting mechanism allows for an ongoing series of deliveries, potentially leading to additional contracts and providing EchoStar with a new, stable revenue stream.
The contract's scope includes providing enhanced connectivity for smartphones and tablets, with an expansion to include 5G access for Internet of Things (IoT) devices and other equipment. This deal is set to fully utilize EchoStar’s comprehensive connectivity services, ranging from mobile to satellite, indicating a robust expansion of its business operations.
Analyzing the investment potential, here's a look at the technical analysis of EchoStar Corporation (NASDAQ: SATS):
On the Daily (D1) timeframe, the stock recently surpassed a resistance level at 17.75 USD, establishing support at 17.10 USD. EchoStar has been on a stable global uptrend since November 2023, suggesting potential for further growth. Should the trend reverse, a downside target could be at 14.80 USD.
If the uptrend continues, the short-term target could be 25.00 USD on a rebound from the resistance level at 17.75 USD. In the medium term, the price may rise to 30.00 USD.
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BTCUSD - Pullbacks coinciding with previous highs and the resultIf you compare the previous tops towards the following bull-run there is an interesting pattern, and we're here right now. I suspect the bottom is near for this mid bull-run pullback! THIS IS NOT FINANCIAL ADVICE THOUGH ;)
SATSUSDT Long Setup!1000SATSUSDt technical analysis update
SATS Price breaking its ascending channel
Buy zone : Below $0.00066
Stop loss : $0.00056
Take Profit 1: $0.00074
Take Profit 2: $0.00096
Take Profit 3: $0.00150
Regards
Hexa
SATS LongExpecting a pump on SATS. It has broken up resistance, it's now retesting it as support. It's approaching also short term support zone on M15 timeframe, i expect a bounce here targeting next resistance zone at 0.0006
SATS THE BREAK LINE SEEMS NOT FARThank you for reading this update.
SATS showing great volume movement.
The break line can be an important extra volume that can support the trend to new levels.
Sats show the daily volume interesting trend.
There is a good chance that SATS can target the yellow break line with a new break volume.
SATS Risky longI am trying a risky long on SATS. It has broken down major supports, and it looks oversold on higher timeframe. Level is also supported by a -0.618 fibo level from previous peak at top. There are some divergence on H1 and M15 tf, that is a bullish sign. If BTC can continue to pump, i expect SATS to follow
SATS SetupI am using a different approach here for SATS, i will wait for a break of the red box as confirmation of the strength of the momentum, next i will consider a long if box is correctly retested
EchoStar Arm Hikes on $50M Grant
Echostar Corporation (NASDAQ: NASDAQ:SATS ) has recently made headlines as its subsidiary, DISH Wireless, secured a groundbreaking $50-million grant from the U.S. Department of Commerce's National Telecommunications and Information Administration (NTIA). The grant, awarded under the Public Wireless Supply Chain Innovation Fund, is earmarked for the establishment of the Open RAN Center for Integration & Deployment (ORCID). This move positions Echostar as a key player in driving Open RAN innovation, with implications for the global wireless ecosystem. In response to this news, SATS shares experienced a notable surge, gaining 33.7% to reach $16.92.
The ORCID Initiative:
The Open RAN Center for Integration & Deployment (ORCID) is set to play a pivotal role in strengthening the Open RAN ecosystem globally. Located on DISH's secure campus in Cheyenne, Wyoming, ORCID will serve as a hub for testing and validating hardware and software solutions against a fully operational commercial-grade Open RAN network deployed by DISH Wireless. The project has garnered support from an impressive consortium of partners, including Fujitsu, Mavenir, and VMware, as well as technology giants like Broadcom, Analog Devices, ARM, Cisco, Dell Technologies, Intel, JMA Wireless, NVIDIA, Qualcomm, and Samsung.
DISH's Unique Position:
Echostar Chairman Charlie Ergen emphasizes that ORCID's uniqueness stems from DISH's experience in deploying the world's first standalone Open RAN 5G network. This hands-on experience positions DISH as a leader in testing and evaluating Open RAN interoperability, performance, and security from both domestic and international vendors. The ORCID initiative not only highlights DISH's commitment to innovation but also underscores the company's role in driving the next generation of wireless networks.
NTIA Recognition and U.S. Leadership:
The NTIA's decision to grant $50 million to DISH Wireless signifies the agency's recognition of the company's contributions to Open RAN technology and its commitment to advancing wireless connectivity. The investment represents the largest award to date under the Innovation Fund, reinforcing the U.S. government's ongoing support for initiatives that enhance the nation's leadership in the telecommunications sector.
Market Response:
Following the announcement, NASDAQ:SATS shares experienced a significant boost, surging $4.26 or 33.7% to $16.92. The market's positive response reflects investor confidence in Echostar's strategic positioning in the rapidly evolving landscape of wireless technology.
Conclusion:
Echostar Corporation's recent success with the $50-million grant for the Open RAN Center for Integration & Deployment demonstrates its commitment to shaping the future of wireless networks. As DISH Wireless leads the charge in Open RAN innovation, investors are keenly watching SATS, anticipating further developments and potential market gains as the company continues to play a key role in advancing the global telecommunications landscape.
EchoStar's Strategic Merger with DISH Network
In a bold move to fortify its position as a global leader in connectivity, EchoStar Corporation (Nasdaq: NASDAQ:SATS ) recently completed its acquisition of DISH Network Corporation, marking a significant milestone in the company's quest for unparalleled wireless, satellite, and video distribution capabilities. The strategic merger has not only strengthened EchoStar's technological portfolio but has also positioned it as a key player in the evolving landscape of global connectivity.
Strategic Vision:
EchoStar's President and CEO, Hamid Akhavan, envisions a connected future where the company plays a pivotal role in offering ubiquitous connectivity to people, enterprises, and things worldwide. The merger with DISH Network is a crucial step towards realizing this vision, allowing the combined entity to leverage various transport modes, smart technologies, and integrated services to meet the diverse connectivity needs of customers.
Technology and Network Synergy:
The acquisition seamlessly integrates DISH Network's satellite technology, streaming services, and expansive nationwide 5G network with EchoStar's premier satellite communications solutions. This combination establishes the newly formed entity as a global leader in both terrestrial and non-terrestrial wireless connectivity. With DISH Network's 5G network covering over 70% of the U.S. population and EchoStar's successful launch of the JUPITER 3 satellite, the merged company is uniquely positioned to provide comprehensive communication and content distribution capabilities.
Leadership and Unmatched Capabilities:
Charles Ergen, Executive Chairman of the Board of EchoStar, emphasizes the historic nature of the merger, bringing together two trailblazing companies with complementary portfolios. The combined entity, headquartered in Englewood, Colorado, operates globally under a suite of established consumer and business brands, including Boost Mobile, Boost Infinite, Sling TV, and DISH TV. This extensive brand portfolio, coupled with EchoStar's Hughes and JUPITER satellite services, positions the company as a one-stop solution for a diverse range of connectivity needs.
Bridging the Digital Divide:
John Swieringa, President, Technology & Chief Operating Officer of EchoStar, underscores the importance of bridging the digital divide in today's digital-first economy. The merged company's combined brands, technology, and operational resources uniquely position EchoStar to offer a compelling global offering that connects consumers to internet access, mobile phone service, television programming, and streaming content. Additionally, the company aims to deliver secure terrestrial, non-terrestrial, and hybrid connectivity solutions to business and government customers.
Financial Analysis and Market Trends:
While technical analysis indicates a falling trend in EchoStar's stock prices in the medium to long term, recent strategic moves, such as the DISH Network acquisition, suggest a potential turnaround. Investors' acceptance of lower prices may be indicative of short-term challenges, but the company's focus on global connectivity and the positive momentum indicated by the RSI above 70 present a promising outlook for the stock.
EchoStar's completion of the DISH Network merger marks a significant milestone in its journey toward becoming a global connectivity powerhouse. The strategic vision, technological synergies, and unmatched capabilities position EchoStar as a key player in addressing the evolving needs of consumers and businesses in the digital age. As the company continues to bridge the digital divide, investors may find potential opportunities for growth in EchoStar's compelling and expansive connectivity offerings.
SATS I told youA very awesome entry for SATS. Scalp trade hit my tp in no time, but i am also holding a spot bag. Will sold at least 2x from now, see you there!
SATS NEW VOLUME INCREASEThank you for reading this update.
Depending on our study we see that SATS has a good chance of volume increase.
This updates depending on day trade, And the market should confirm with time the right market way.
#Nottradingadvice
#For day traders take always profits when market increase
#Expect noting from the markets, but follow what it shows.
It's the king's turn, and it wants market cap dominance. Bitcoin is poised to regain market capitalization dominance. This usually means that (the majority of) altcoins will initially start losing in their sats value.
It is now a well-known phenomenon that venture capital will first pour into Bitcoin. Once people start skimming their profits, it often flows to the other top 10 coins, then the midcap coins and finally the low caps after this. That is, until the cycle is complete again and people move their capital from the low caps back to Bitcoin or eventually to fiat.
I have unfolded the Tom DeMark Sequential on this, and it flashes a 9 and even a 13, which usually means there will be a course change.
Short & SimpleOpportunities to wait for if you're stacking sats. Would daily close above previous close, what you think?
LTC/BTC - 1D Support + Trend LineSince mid June 2022 LTC has been steadingly increasing in sats value and from the start of November it has been increasing at a much greater pace. Big caps have started to move and are generally a precursor for more volaitlity incoming into other mid to small caps. BTC can still fall so this could take the momentum out of its rise however it would descend slower and will take a while longer to reach its lows like it did in June
SATS Bias more on upside from chart perspective30th Oct 2022
SATS gap down due to M&A.
However price reach the Covid low during 2022 around $2.50.
Worth to nimble at current price as investors may over-react on SATS M&A decision. (Based on Technical view)
Avoid if you worry on their upcoming earning report in Nov 2022
Resistance: $2.8/$3
Support $2.50
$STX/BTC is about to explodeBuying volume is increasing and Bollinger Bands are really tight, and that means it's getting volatile.
STX is currently trading in my buying zone for 3 months. It's the 0.618 en 0.65 Fibonacci retracement from the last impulsive wave 1.
From Stacks' market history, it can be seen that stacks has a habit of showing explosive price rises.
As Bitcoin continues to move between 20k-24k and loses market dominance, it seems that this will give room for sats to rise significantly in value.
My expectation is that the 0.382 Fib will be a first point of resistance (2764 sats). Seen from the current price, this is a 45% increase in sats value.
