Tradesignal
Peloton (PTON) - Rising in the time of uncertainty 🤷-Great interest on this stock but is it worth it? Well lets take a look at the company and the situation.
-Peloton’s shares soared almost 21% on Monday, closing slightly above the company’s debut price of $29, as the beaten-down connected fitness company attracts interest from outsiders.
-Thus far, reports have named Amazon and Nike as potential suitors. One analyst thinks Apple is “aggressively involved,” too. But all talks are preliminary, and Peloton has yet to kick off a formal sales process
-For one, CEO John Foley along with other Peloton insiders had a combined voting control of roughly 80% as of Sept. 30, making it practically impossible for any deal to go through without their approval.
Baird analyst Jonathan Komp said in a research note on Monday that Foley likely won’t be willing to sell, unless there is enough internal pressure stemming from Peloton’s recent stock sell-off.
-Financially company is not really doing well as the Q2 2022 results were a total disaster with an EPS of -33% and Earnings -1.51%. This year alone the stock fell 79% from its former price point.
Another big issue financially is that the company is not in profit and won't be for the future 3 years. With the current economical situation where the economy might get unstable after the rate rise, any unprofitable company is at a great risk. Golden rule, positive cash flow is the king!
But we think the biggest issue is that they have less than 1 year of cash runway..
-Revenue vs Market: PTON's revenue (16.9% per year) is forecast to grow faster than the US market (9% per year). This is good!
-High Growth Revenue: PTON's revenue (16.9% per year) is forecast to grow slower than 20% per year. Not so good for a company that is expected to grow faster than the industry and the market average.
Our Target Price:
1st Target: $35
2nd Target: $24
DXY Critical Point 11/02/2021we can see the price has showed some resistance and felled off back to its bearish trend but yet we have a heavy Accumulation zone at 88-90to which market has already showed some reaction and it stood as a support area, we may have some retrace back up to the 38% or 50% of current bearish wave Fibonacci levels and then heads down to the -61.8 of the same wave expansion,
we have defined few TP areas by the confluences of Fibonacci and Price Action where we expect to get if DXY continued its down trend.
from the other side we are having some fundamental news also coming which is not seems to be that good for the greenback and some how supports the fall of the Currency temporally
by this analysis we can be more bullish on the USD Quote instruments and bearish on Base ones.
we are publishing this idea Neutral we had seen some Regular Bullish Divergence with MACD coming up in the Weekly Time Frame which is in the linked ideas
EURUSD Critical Point 11/02/2021as we had observed a H&S pattern on this instrument (Linked) and Bearish Divergence with MACD (Linked) now we are at a critical point
as market can move heavily to either of sides.
we can take our positions as soon as we get a break trough and confirmation pull back on any sides.
we should have an eye on DXY as it has also showed some reaction on its current zone(linked)
we shall update this instrument as it gives us a better definition soon
EURCAD Bearish Divergence, yet Longing Chances Too 07/02/2021 this instrument has got two scenarios
seem bearish to our eye as it has done its Distribution after showing some Regular Bearish Divergence with MACD which is the sign of trend reversal and a retracement unto the Fibonacci Golden areas but it is conditioned to break the blue trend line and if so the we can have our 2 bearish TPs...
if not
then we have the Bullish scenario which we can target Minimum of 1.71 CAD of our Fibonacci expansion .27% where we have specified it as Long TP.
Remember it is on the Weekly time frame so we may need to be more focused on fundamental of the market to get the grip of our Final decision and use the technical chart as a confluences along with it...
we are having mostly Bearish sentiment on this but we kept the Bullish back door open yet
which side do you think it goes?
RSR Analysis with 3 Targets 07/02/2021as we ca see this instrument is just broken its past low accumulation zone and entered to a volatile accumulation zone
which is its preparation zone for some blasting move up.
we can forecast the up coming targets by initially the parallels leg zone of Fibonacci projection 1TP and if touched by the 2TP which is the extension zone of the same fib projection and i.e. we are defiantly meeting our 3TP
and then a fall or some retracement in its coming distribution zone so keep it on for now
what do you think?
Gold Price Action Analysis 01/02/2021we can see an ascending channel and supply and demand zones
i am mostly bearish on gold to 1750 or even 1550 but as we can see the price is trying to break trough the lower bound of the ascending channel and if broken there exist a support line at 1794 which can be a range zone
the other scenario is having a bullish view and we have the rejection and bounce from the same area as it is currently and directs to specified zone by the red line which is Fibonacci projection of 1
please comment your view
Royal Dutch Shell - Selling into the gap for more downsideRoyal Dutch Shell 'A' - Short Term - We look to Sell at 19.49 (stop at 20.37)
Short term momentum is bearish. This is negative for short term sentiment and we look to set shorts at good risk/reward levels for a further correction lower. We have a Gap open at 19.49 from 25/11/2021 to 26/11/2021. We expect a move lower in a corrective sequence, targeting Fibonacci retracement levels. Preferred trade is to sell into rallies. Expect trading to remain mixed and volatile.
Our profit targets will be 16.84 and 16.00
Resistance: 19.49 / 20.30 / 21.15
Support: 18.14 / 17.80 / 16.82
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing toa trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
XRP 182% potential :0Hello traders,
Maybe you know maybe you don’t, but, XRP is my top pick for 2022 and my favorite as far as potential gains.
Regardless, it seems that XRP is within a symmetrical triangle pattern, which generally you would wait to take this trade until the price action breaks above the top of the triangle. Mainly I am posting this to give you guys the first target which I honestly believe we may blow right past.
Stay diligent out there friends, keep your ears to the streets, eyes on the charts and stay mute to the FUD! This technology in crypto is very close to the same innovations that the internet has brought to humanity. Invest accordingly! DYOR at the end of the day and don’t forget to leave your opinion, comments and likes below!
As always, have a green week and thanks for following!
Savvy,
USDCHF Short term longi was bored so here's what i came up with. right now price is at support trendline on the daily and i believe it just completed the motive wave pattern 12345 and the first wave of the abcde corrective wave. Notice the divergence. so we're going to trade the retrace as a long position until which ever fib level it reverses to then after that we'll be looking to short it until the abcde pattern is complete. let me know what you think in el commentos.
KSM Fractal playoutHello Traders,
Recently I have noticed that the coins and tokens that have already ran are following the exact same run up that they had the first run except larger and longer in time. I am mainly posting this to see if KSM does the same and if it looks to be doing so I will be playing my cards as shown in the chart. I figure if this gem of a find does play out I may as well share it with the TV community. Best of luck to us all. If you are looking to get into my more specific calls, check the tag in this post.
Below as always, you will find information that I have grabbed to make your fundamental analysis on this coin easier as well as finding an ex change to purchase it on.
Have a GREEN WEEK as this one should be very much so!
Savvy
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Fundamental Analysis
KSM Price Live Data
The live Kusama price today is $364.48 USD with a 24-hour trading volume of $131,478,342 USD. We update our KSM to USD price in real-time. Kusama is up 5.94% in the last 24 hours. The current CoinMarketCap ranking is #57, with a live market cap of $3,087,174,208 USD. It has a circulating supply of 8,470,098 KSM coins and the max. supply is not available.
If you would like to know where to buy Kusama, the top cryptocurrency exchanges for trading in Kusama stock are currently Binance, Mandala Exchange, OKEx, CoinTiger, and Huobi Global. You can find others listed on our crypto exchanges page.
What Is Kusama (KSM)?
Self-described as "Polkadot's wild cousin," Kusama is an experimental blockchain platform that is designed to provide a massively interoperable and scalable framework for developers.
Kusama is built on Substrate — a blockchain building kit developed by Parity Technologies. Kusama has almost the same codebase as Polkadot — one of the most successful interoperable blockchains.
By deploying on Kusama, fast-paced projects gain access to a highly scalable, interoperable sharded network, with features that are not yet available on Polkadot. To that end, Kusama describes itself as a “canary network.”
The platform is designed to provide a testbed for developers looking to innovate and deploy their own blockchain and can be used as a preparatory network before launching on Polkadot — though many projects opt to stick with Kusama for their final product.
Kusama benefits from a low barrier to entry for deploying parachains, low bond requirements for validators, and is most commonly used by early-stage startups and for experimentation.
Who Are the Founders of Kusama?
Kusama was built by the same team that created Polkadot, a company known as Parity Technologies. Its founder is Dr. Gavin Wood, a world-renowned computer scientist and programmer, who also co-founded Ethereum.
Parity Technologies has an extensive team comprised of some of the world's most successful blockchain engineers, and has over 100 employees in total spread throughout the world.
In addition, Kusama is funded by grants from the Web3 Foundation, which was launched to help "nurture and steward technologies and applications in the fields of decentralised web software protocols." The Web3 foundation also supports Kusama with research and community development thanks to its growth team.
What Makes Kusama Unique?
Kusama is unusual among blockchain platforms since it is predominantly built for developers that want to launch bold, ambitious projects, with a fast-evolving pace of development.
It is built on a multichain, heterogeneously-sharded design that uses a nominated proof-of-stake (NPoS) consensus system — an alternative consensus mechanism to the energy intensive proof-of-work (POW) scheme employed by several other blockchains.
This system enables it to perform rapid on-chain upgrades without a fork, and support cross-chain message passing (XCMP) to enable communication with other parachains on the Kusama network.
Like Polkadot, Kusama features on-chain governance capabilities. This on-chain governance is both decentralized and permission-less, allowing anybody with Kusama (KSM) tokens or parachain tokens to vote on their respective governance proposals, which might include putative upgrades, changes to the protocol, and feature requests. This on-chain governance procedure is roughly four times faster than that offered by Polkadot, with a combined voting and enactment period of just 15 days — leading to the rapid pace of development for projects built on Kusama.
The project serves projects that want to hit the ground running, launching updates and improvements without the need to implement a fork to do so — thereby ensuring maximum community cohesion.
Related Pages:
Read more about Polkadot (DOT) — which is like Kusama (KSM), but enterprise-focused.
Check out Ethereum (ETH) — one of Kusama’s major competitors.
Brush up on your crypto basics with CoinMarketCap Alexandria.
Visit the CoinMarketCap blog for the latest news, tips, tricks and market insights.
How Many Kusama (KSM) Coins Are There in Circulation?
As of November 2020, Kusama has a circulating supply of 8.47 million tokens, and a total supply of 10 million tokens. Unlike some other blockchains, this maximum supply is not fixed. Instead, it increases at an inflation rate of 10% per year.
The proportion of KSM that are staked changes how the newly minted KSM tokens (from inflation) are distributed. If exactly half of all KSM are staked, then Kusama validators receive 100% of newly minted tokens, whereas if it is above or below 50%, then some of the inflation rewards will go to the Kusama Treasury.
Kusama initially launched as an airdrop to those that participated in Polkadot (DOT) token sale. These were distributed at a 1:1 rate, while those without DOT were able to obtain KSM by using a frictional faucet — this has since been decommissioned. Unlike Polkadot, Kusama has not undergone redenomination to increase its circulating supply.
How Is the Kusama Network Secured?
Kusama is built using a nominated proof-of-stake (NPoS) consensus mechanism.
This uses a network of nominators (KSM stakers) who elect nodes to participate in the transaction validation process. These nominators receive a fraction of the inflation reward if their nominator is selected on the next rotation. Validators that act dishonestly or don't meet performance requirements can have their stake slashed.
Additionally, Kusama uses a simple queuing mechanism based on Merkle trees to resolve cross-chain transactions. Relay chain validators are responsible for moving transactions from the output queue of one parachain to the input queue of the target parachain — this is a secure, trustless process that uses the same validators on each chain to pass the messages.
Where Can You Buy Kusama (KSM)?
Kusama (KSM) is currently available to trade on dozens of popular exchange platforms, including Binance, OKEx and Huobi Global. The most liquid trade pairs for KSM are currently KSM/USDT, KSM/BTC and KSM/ETH.
TRX (TRON) UpdateHi Traders,
Welcome to my update regarding TRON TRX technical analysis. As you can see we popped out of the down trend with a nice bullish run. The technical pattern that broke out was a falling wedge idea. In this trade I took 50% of my profit at the first target thus to give myself a better entry if we pulled back. Which as you can see in the chart we have came back down to the entry zone of the original breakout. After making a new local high and a new local higher low I have been given extra confidence that this trade will head to the second target area that I posted in the original trade. Therefore, I entered at the original breakout area giving myself an extra 40% profit potential on this specific trade.
Fell free to ask questions in the comments.
Have a green week!
Savvy
Can BTC Close Above the EMA50 on the Daily Chart..Looking at the BTC daily chart, we can see that the price is struggling to hold above the EMA50 ($58.9k). An ideal situation for BTC is that we can close the daily above this. If not and we continue to see a drop in price, the area to watch out for a reaction would be $54.6k-$53.6k. This is our EMA100 level and our key fib level which has previously acted as support.
AAVE 412% potentialHello Traders!
After our recent shake out given to us from our wonderful market makers (wonderful people) we have been given the opportunity to grab some of our favorite projects for a much more favorable price. This is AAVE, my first 100x trade. I wanted to share this one with you publicly as must of my trades are posted in my private group because this one was on sale. So here you are folks, I hope you enjoy!
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FUNDAMENTAL ANALYSIS
AAVE Price Live Data
The live Aave price today is $285.89 USD with a 24-hour trading volume of $356,327,944 USD. We update our AAVE to USD price in real-time. Aave is up 4.36% in the last 24 hours. The current CoinMarketCap ranking is #49, with a live market cap of $3,787,489,780 USD. It has a circulating supply of 13,248,079 AAVE coins and a max. supply of 16,000,000 AAVE coins.
If you would like to know where to buy Aave, the top cryptocurrency exchanges for trading in Aave stock are currently Binance, Mandala Exchange, OKEx, Upbit, and CoinTiger. You can find others listed on our crypto exchanges page.
What Is Aave (AAVE)?
Aave is a decentralized finance protocol that allows people to lend and borrow crypto.
Lenders earn interest by depositing digital assets into specially created liquidity pools. Borrowers can then use their crypto as collateral to take out a flash loan using this liquidity.
Aave (which means “ghost” in Finnish) was originally known as ETHLend when it launched in November 2017, but the rebranding to Aave happened in September 2018. (This helps explain why this token’s ticker is so different from its name!)
AAVE provides holders with discounted fees on the platform, and it also serves as a governance token — giving owners a say in the future development of the protocol.
Who Are the Founders of Aave?
Aave, and its predecessor ETHLend, were founded by Stani Kulechov. At the time, he was frustrated at the lack of lending applications on Ethereum — and his project was built before decentralized finance even existed.
Kulechov is a serial entrepreneur who went to law school and began programming when he was a teenager. He was an early adopter in the blockchain space. The CEO has said that he wanted to rebrand ETHLend as Aave so the company could offer a wider range of services beyond Ether lending.
According to Kulechov, Aave’s main target market are people who are already engaged in the cryptocurrency community.
What Makes Aave Unique?
Aave has several unique selling points when compared with competitors in an increasingly crowded market. During the DeFi craze in the summer of 2020, it was one of the biggest projects in terms of the total value of crypto locked in its protocol.
The project allows people to borrow and lend in about 20 cryptocurrencies, meaning that users have a greater amount of choice. One of Aave’s flagship products are “flash loans,” which have been billed as the first uncollateralized loan option in the DeFi space. There’s a catch: they must be paid back within the same transaction.
Another big selling point is how those who borrow through Aave can alternate between fixed and variable interest rates. While fixed rates can provide some certainty about costs during times of volatility in the crypto markets, variable rates can come in handy if the borrower thinks that prices will fall in the near future.
Find out more about Compound (COMP) here
Discover how Maker (MKR) tokens work
Learn about cryptocurrencies with CMC Alexandria
CoinMarketCap Blog: The latest news and features
How Many AAVE (AAVE) Coins Are There in Circulation?
Circulation is linked to the total value locked on Aave, as tokens are burned whenever the protocol gathers fees.
An initial coin offering was held in November 2017, where $16.2 million was raised by selling one billion AAVE tokens at a rate equivalent to $0.0162 a piece. At the time, 23% of AAVE tokens were assigned to its founders and project.
AAVE tokens have been built based on the ERC-20 standard, and they are designed to be deflationary. In the event of a shortfall in the DeFi protocol, staked tokens would be used as collateral as a last resort.
In July 2020, Aave unveiled plans to hold a token swap. This means that the 1.3 billion AAVE tokens in circulation would be swapped for the newly minted AAVE cryptocurrency at a ratio of 1:100, creating a total supply of 16 million AAVE. (Three million of this would be held in reserve.)
How Is the Aave Network Secured?
Aave’s open-source protocol is built on Ethereum, a blockchain that is currently making the transition from Proof-of-Work to Proof-of-Stake.
Where Can You Buy Aave (AAVE)?
Some of the biggest exchanges that list AAVE tokens include CoinDCX, Binance, CoinBene and OKEx
HAVE A GREEN WEEK,
Savvy
BTC To break $64.9k And New ATH? Or a Retest of EMA100?Currently sitting around $64.3k, the position is neutral for both Bulls and Bears who are watching for a bigger volume move in their direction for confirmation. Our next resistance is $64.9k which if broken and a candle closes above we could move up to test ATH again. Current sentiment is slightly more negative than positive, which is not uncommon on a weekend.
A move down could see us re-test the EMA100, which so far a candle has not closed below since our move up last week. If this is broken, a retest of $60-$61k comes next where there is very strong support.
On Friday afternoon, The SEC rejected the VanEck Bitcoin Spot ETF which caused a dip in the marketing. We have another decision, on the $XBTF ETF, this Tuesday (16th November.) Because of the previous rejection, all eyes are on this one. We can expect to see a strong move in the market in either direction depending on the decision.
SHIBA INU ASCENDING TRIANGLE PATTERN theres an ascending triangle pattern happening on the 1h and 4 hour time frame,
really good time to enter, watch the video if you want let me know what you think.
its my first video i make so ill try to make it better next time, i did my technical analysis live but for some reason the video
stop recording and i had to start over but,
im no financial adviser just a passionate trader who likes to see everyone profit,
if you liKe my trading signals like and comment.
i will give you more.
if you disagree or dislike well let me know how you feel
have a great day traders, and lets all help one another be profitable!
cheers