$PART is ready for big PUMP ! After 3 years in a BIG falling wedge $PART is breaking out!
$PART enter in the new market cycle, i'm waiting this for 3 years and its appening right now !
Falling wedge statistics
- In 82% of cases, the exit is bullish.
BUY Zone : 0.000025~
TP 1 : 0.0001
TP 2 : 0.0004
TP 3 : 0.0011
The Particl coin (PART) is a digital currency with data protection and privacy features. These include Confidential Transactions with Bulletproofs, RingCT, and stealth addresses. The Particl blockchain, which is always updated to the latest Bitcoin Core codebase, uses Particl Proof-of-Stake (PPoS), with cold staking enabled, to secure transactions.
Particl Marketplace is a multi-vendor marketplace with no middleman, no commission, near-zero fees, and no login data requirement.
Transactions on the marketplace are secured using an autonomous two-party escrow system which aims to force parties to remain honest with each other.
Particl is a true Gem with real use-case. He could have the same marketcap as Monero or even higher
The v3 of the marketplace is on final testnet phase and vendor are ready to sell on it !
You can buy on Bittrex and fell free to use my ref link : R0K-JW4-WTY
Not financial advise, DYOR.
Smallcaps
VRA bullrun is here! Adam & Eve double bottom + breakout + FA! This will be my final article about VRA, as everything is currently absolutely prime for a bullrun. As you can see, we have broken long-term resistance at $0.0016 on the USDT pair. This comes after making a perfect Adam & Eve double bottom pattern. After this breakout confirming the incoming bullrun, we've just had an expected pullback to $0.0012. As seen in the related article I posted about the VRA/BTC pair, the weekly MACD there has just flipped green for the first time in 5 months, and that's after we saw some insane bullish divergence and called the bottom about a month ago. TA-wise both pairs are indicating a massive bullrun is about to start.
Then there is the fundamental analysis. Verasity has an extremely small marketcap (currently $4.8m) for its incredible achievements. They have hosted tournaments that have attracted millions of viewers featuring some of the best professional Esports teams in the world. In order to accomplish this they have partnered with Tencent Games. Furthermore, you can very easily stake VRA on Verawallet and earn 36.5% annual (0.1% daily) ROI with the simple click of a button. A Tier 1 exchange listing is planned to happen before the end of this quarter, and others are down the pipeline too. Furthermore, yesterday we have gotten some great exposure on Wallstreetbets' Twitter account and Verasity has offered to host a tournament together with the WSB community. There is so much more to say about this project but it is too much to name in one article, you'll have to DYOR on that.
All in all, I think this is my final chance to make a call on VRA before the bullrun goes into full swing. I am expecting to see 20x gains this year, and however crazy it may sound, that is actually quite a conservative call given that it would only give VRA a ~100m marketcap. You don't want to miss this one.
The takeover bid at 10€ was underestimating its real valueMint is a growth smallcap coming from lowcost mobile plans to green energy utility.
Its client acquisition is booming.
A takeover bid procedure took place at 10€. From partial results, about 30 to 40% of small investors are not participating, making Mercure Énergie the controlling shareholder but leaving a good floating to be re-evaluated on stock exchange or maybe a more generous next offer.
Milestone: February 16 AMF will be releasing the final results of the takeover bid.
Expect a good pump at this moment.
ALTCOIN TO WATCH: AUDIO [Macro Bullish] Beyond all of the bullish patterns/indicators you can clearly see on the chart, I'm also bullish on AUDIO because its parent is a really great project with a bright future: Audius. It's a new free music streaming service / SoundCloud rival that will only continue to grow its user base over the next few years, introducing them to the world of crypto along the way with rewards in AUDIO. Read more here: www.coindesk.com
As far as the chart goes, it's still a young coin, so it's a risky investment to be sure, but since we're in a bull market and the project behind it is so great, I think it's a safe bet in the short / medium term. I expect it to range within the ascending channel / broadening wedge for the time being.
happy trades,
CD
1inch DEX full market overview (x10 possible?)Dear investors,
I've been following this project closely the last few months and find it very interesting that I want to share my thoughts on this opportunity.
In this chart we have a look at the fundamentals and technical indicators of the 1inch token.
Fundamental analyses
What is 1inch project
1inch is a liquidity aggregator, which connects several DEXes onto one platform. It then helps users get the best price for an optimized trade. 1inch recently also launched its own automated market maker (AMM) protocol, Mooniswap. AMM is a type of DEX protocol that relies on algorithms to price assets, unlike on order books on centralized exchanges.
DeFi protocol 1inch closes $12M funding round led by Pantera Capita
It got a 12M funding round back in november, it's current marketcap sits around $120M and as you can see this is already x10 from the funding round.
the current circulating supply is 75 million tokens, with a total supply of 1.5B, so that means that there are still a lot of tokens to be launched, could this be a red flag for long term investors? there is only 6% of the total supply in circulation, and they plan to launch 30% trough community incentives over the next 4 years. this could have a huge influence for the price.
Who Are the Founders of 1inch?
1inch was founded by Sergej Kunz and Anton Bukov over the course of the ETHNewYork hackathon in 2019. The two had earlier met during a live stream of Kunz’s YouTube channel (CryptoManiacs), and began entering hackathons together, winning a prize at a hackathon in Singapore as well as two major awards from Ethereum Global.
What Makes 1inch Unique?
1inch is unique in that it provides instant governance for its users. This feature allows 1inch users to vote for specific protocol settings in the decentralized autonomous organization (DAO) model
Technical analyses
Will it test the All time high?
Given the current market situation, where there flows a lot of money from bitcoin to altcoins, I'm pretty certain we will also see a rise in the price of 1inch. it has broken out of the $1.60 level as you can see on the chart and will now continue to test $2 - $3 levels. Recently it broke it support/trend line and wen't a little back to the $1.45 -$1.55 levels as bitcoin dropped to $28k.
Scenario 1 (it stays under $1.60)
If it stays under the $1.60 this could be a good opportunity to accumulate the 1inch token, as it will retest the green zone shown in the chart. this would be the best scenario for people who still want to enter a long on this token. but as we can see in the past, it doesn't stay long at the $1 level and goes back fast to $1.50 - $1.60 to test these levels.
Scenario 2 (it stays above $1.60)
If it stays above the $1.60 level it could hover a bit around the $1.80 - $2.00 range as we have seen before, if it breaks these levels the way is free to $2.35 and then $3. after that its unknown terrain and who knows what could happen. if we look at the current market cap there is a lot of space to grow and could do a x10 for sure. It would then be valued at $17. but we still have a long way to go for this coin. let's see what the future gives us.
If you read this, thanks for reading and I'll loving discussing about it in the comments.
Peace out!
Nova Leap Health Corp (NLH)Executive Summary
Nova Leap Health is a consolidator of an extremely fragmented space of home care and home health care agencies. Nova Leap buys them at ~5x EBITDA and subsequently improves EBITDA margin. As the company scales its operations, the operating leverage would lead to margin expansion. The stock price has an upside of ~100% in 1 year.
Opportunity
1) Small Cap (50m)
2) Sell side has not discovered it yet
3) Flying under the radar
Nova presently has a $2.1m cash pile and a long term debt of $2.7m, debt was $5.3M in August with a $2.7M cash pile
Business Overview
NLH is home care and home health care services company operating in Vermont, New Hampshire, Massachusetts, Rhode Island, Oklahoma, Ohio, and Nova Scotia. NLH all entered into all these markets (except for Ohio) through M&A transactions.
Home care covers such activities as:
Dementia care
Personal grooming like bathing or getting dressed
Moving around: getting in and out of the bed/shower
Medication reminders
Errands like grocery shopping and picking up prescriptions
Light housekeeping
Meal preparation
Home healthcare covers such activities as:
Skilled nursing
At-home physical therapy
Pain Management
Caring for wounds
Prescription management
Customer Value Proposition
Home care and home healthcare enables senior citizens to stay in their homes even after they cannot live completely on their own. Homecare crates a buffer from when a senior citizen needs to move to a nursing facility
COVID-19 Tailwind
Senior citizens living at nursing facilities suffered greatly from COVID-19. There were instances where a big part of a nursing home’s population got infected by COVID-19. Second, many senior citizens got locked down at nursing facilities and were not able to see family members for very extended periods of time for safety reasons. Needless to say, that was a real hardship.
Thus, I expect that both senior citizens and their families (e.g., children) would be trying to avoid or at least delay moving to a nursing facility as long as possible which would provide strong tailwinds for home care industry and Nova Leap.
M&A Strategy
1. M&A Criteria
Nova Leap has the following acquisition criteria:
1) U.S. and Canada geographic focus
2) Positive EBITDA with strong reputation/brand
3) Normally 5+ year history
4) Opportunities for operational synergies
5) $1M-$15M of Revenues
Nova Leap is going after targets that are too small for private equity players and as a result faces limited competition. The space is very fragmented, and Nova Leap has many potential acquisition targets in front of it.
M&A Playbook and Integration
Nova Leap buys home care businesses that are primarily private pay. After that Nova Leap makes incremental changes at the acquired operations.
First, Nova Leap implements price increases where it is appropriate.
Second, Nova Leap reducea overtime because overtime destroys gross profit margin.
Third, Nova Leap consolidates the back-office functions such as accounting. For example, instead of an accountant looking after one agency, such account working at Nova Leap HQ would be looking after 3 or 4 home care agencies.
Fourth, better scheduling using scheduling software.
Operating Philosophy
CEO Chris Dobbin runs Nova Leap in a very decentralized fashion. Most locations’ leaders have lots of autonomy. HQ are responsible for setting up standards and back office / accounting. Chris Dobbin spends his time heavily on M&A and overseeing the agencies’ leaders.
Unit Economics
The key operating drivers are the number of client service hours and revenue per hour. Revenue per hour has been quite stable and is ~$25.
Cost per hour has also been stable: ~$16.50 - $17.00.
Thus, the profit per hour is ~$8.50 to $9.
Four-Wall Economics and Four-Wall EBITDA
“Four-wall EBITDA” is of course a misnomer because there are no tangible walls to speak of, but the concept still applies. I want to analyze profitability of field operations first and then overlay HQ expenses on top of that. The key issue that Nova Leap is facing today is its small size of field operations vs. HQ. However, with a few more acquisitions and de minimis growth in HQ expenses (see more on this below), the operating leverage would kick in and lead to a disproportionate increase in EBITDA.
In 2019 segment EBITDA margin (e.g., before HQ costs) was 11.88%. However, in 1Q 2020 and 2Q 2020 it was 10.91% and 10.39% respectively due to the COVID-19 impact.
Revenue run-rate (ex-COVID-19) is ~$5M per quarter or ~$20M per year. With ~12% segment EBITDA margin, NLH should be able to generate ~~$2.4M of segment EBITDA. With the EV of ~$19M, the EV/Segment EBITDA is ~7.85x.
HQ Operations
The HQ team based in Halifax is small and includes CEO, CFO, controller, and business development person. This is purely corporate function.
The HQ also has 5 accountants. However, they work with field agencies.
Nova Leap wants to do 4 to 6 M&A transactions a year (there was zero during COVID-19 pandemic so 2020 number would probably be lower than this target). Doing these M&A transactions will not require hiring any more HQ personnel. However, Nova Leap would probably need to hire an accountant for every 3-4 acquisitions (maybe 5).
HQ expenses are ~$280K - $300K per quarter when there are no M&A transactions. Let’s call it $1.2M per year.
Scaling
What the numbers above is mean is that Nova Leap needs to get another $1M of EBITDA to show the strength of its operating model. That would probably require $5M of capital. I expect that it will be done with a very small dilution to existing shareholders.
Valuation and Upside Potential
As I alluded above, current headline multiple of EBITDA is not particularly attractive. However, with getting more scale and proving the model, I would not be surprised if Nova Leap trades at 12x – 14x EBIDA in 1 year could generate a 100% upside
Risks
M&A Integration
M&A integration risks are inherent for any roll up / consolidation strategy and NLH is not exception.
2. Leverage
NLH has ~$2.0M of debt which is a lot given its EBITDA today. If NLH does not grow its EBITDA, its leverage can become an issue.
Catalysts
1. Continuous M&A
2. Operating leverage showing up as the company continues to scale its operations.
Russell 2000 Index, Weekly Daily Chart Analysis For Jan 4, 2021Technical Analysis and Outlook
The small-cap Russell 2000 was the big star this week with a decent 5.9% gain. The index on its way to Key Res $2,112 , and our Inner Index Rally $2,140 respectively, also, Outer Index Rally $2,180. The short term downside support is tapped at Mean Sup $1,950 providing an excellent ball out buying opportunity. To continue the rest of the market story, see the 'Weekly Market Review & Analysis For January 4, 2021" at the usual site.
Promising Project Bad Timing To start this chart looks great, looks...
There are currently 46.6M coins in the circulating supply.
Starting tomorrow ~2 hours from now the remaining ~442M coins will be unlocked and distributed to SAFT Investors, Validators and Founders.
(The Solana team likes to say they are transparent, but information given here: solana.com is severly lacking)
A large portion of these coins will locked from trading for the upwards of two year, needless to say the coin supply will still be diluted starting tomorrow.
I personally will be entering a large position, after the market crashes, laddering into my position.
(I'm already in a small position presuming I've interpreted their transparency report incorrectly)
Good Luck and Safe Trading.
Tagging trendline connecting high pivot of 2015 & 2018The Russell 2000 ETF (IWM) is surging over 4% as Democrats likely take control of the Senate. This gives Biden control to push through more stimulus. Interest rates surged through 1% on the 10 year yield. Not only is the Russell 2000 full of small caps, but also banks. Banks rally as yields rise.
IWM is also tagging a trendline that connects the high-pivot of 2015 & 2018. Could this be a pullback level? Going in on a half-position, possibly adding if things turn favorably (sub-$200). Shorting shares is the safest route, but February/March $190 puts have a nice risk/reward at this level. Not financial advice.
Happy trading.
Hidden Gem for investment - Sudarshan ChemicalSudarshan chemical is forming extremely bullish patterns.
below are the reasons which corroborate my hypothesis
a)The multi-year trendline is at 500 levels.
b) Cup & Handle pattern is on progress right now
c) Bullish hidden divergences can be seen
d) Weekly price closing above 505 will bring STRONG momentum on the stock
My target for this stock is in 4 figures.
XpresSpa Group Inc $XSPA - Investment idea 💡 This is not just a penny stock, but also a good investment for long term, however if you're not planning to hold for long term, then I suggest you to take profits on each target level.
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Do your research and trade on your own risk!
$NNDM Long PositionHas some trouble breaking out of triangles after run up. I'm thinking a breakdown of the current triangle, pullback to 5.85 supported at previous resistance, brief consolidation and a move up. Has consistency in the RSI bull zone. Offering at $6 earlier this month is behind them now and well capitalized for a while at current burn rate. Market responded positively to it.
Verasity strong recovery followed by a bullrunVerasity is an amazing project with very strong fundamentals and only a ~$3m marketcap. There are multiple important support and resistance levels to watch. Right now we are on the final dip before it starts to truly recover. If it gets as low as 2.3 - 2.4 sats, buy the dip like your life depends on it. Then sit back and watch it go parabolic :) Weekly is also showing bullish engulfing, and VRA/USDT on the weekly is one massive Adam & Eve pattern. In case altseason starts next year, this little gem has 100x potential. DYOR!
Utrust Market overview.Utrust has lot's of potential. I've been following this project closely and looking to invest more, as I believe in this company.
At the moment of talking I have 1200 UTK tokens staked in my Hold app. I think time will tell more if this project will skyrocket or not.
Keep in touch.
Kardiachain/USDT primed for breakoutFull disclosure KAI is a large portion of my portfolio and none of this is financial advise. KAI has been going through a correction and consolidation since hitting ATH in August. Those of you who owned KAI or were observing over the summer know when this one runs it's a sight to behold. Although it might seem that KAI has already broken out from correction the chart will show it hasn't yet and is only priming for a nice breakout. Below are some of my observations.
1. Symmetrical triangle is prime for a breakout. As you know breakout can occur to the upside or downside and usually occurs at the 3/4 mark, i.e. any day now. Everything is pointing to a breakout to the upside but anything can happen.
2. Crossed to the upside of Ichimoku cloud a few days ago and has maintained support on top of the cloud. Leading cloud has also flipped green.
3. Volume profile shows POC (point of control) at current price of 0.016. Possible flip to support as it's been riding this level for a few days now. Once breakout occurs first level of resistance is 0.018, this is most likely the level the retest starts. If retest is confirmed then next resistance is at 0.023. After that level breaks it's going to fly and ATH will be in play as not much resistance is above 0.030.
4. MACD is set to flip green
5. KDJ is green and looks to continue
6. RSI has a lot of upside potential
7. Volume has started to come back, as they say, volume precedes price