XOM Price Target $71 by DecemberWhile the Energy sector as a whole is trending up with the rise in crude oil and the demand for it. However, until now, Exxon Mobile was under a lot of scrutiny for not embracing ESG protocols, which led to their attack from "Social-Good" Activists. This, in-turn, led to the conversion of the leadership strategy, which now prioritizes removing their carbon footprint. With that said, they have now cleared that obstacle as well as moved back to full operability.
To avoid overcomplicating things, $XOM has amazing financials, is a market mover, AND now is a favored oil firm in an incredibly booming market. They will have an amazing earnings call next session and this will propel them to the next level.
My recommendation is to add 10% of your portfolio to this firm with a 10% trailing stop loss. The price target is between $68 - $71 by end of the year.
Happy Investing!
Long-term-bullish
WYCKOFF EVENT UPDATE/ ITS HAPPENING IN ETH NOW!SO I OPTIMIZED WYCKOFF EVENT ACCORDING TO SITUATION ._.
THIS IS REALLY HAPPENING ACCORDING TO PLAN!
THIS MAY BE THE SECOND HALF/LEG OF BULLISH MOVEMENT
SO DO NOT PANIC FOR DUMPS BECAUSE OF A NATURAL THING IN MARKET :)
HODL FOR LIFE.
MEET ME AT IG @EricWentHome
DXY IS FORMING A BULLISH SIGNTechnical Overview:
Dollar Index is trading since few weeks in a falling wedge and losses are marginal which can mean reversal.
From the Experts point of view now we can see the first bullish sign from the index with a break above the wedge’s resistance at price 90.000
And analysts predict also a short-term horizontal resistance in play at this moment and if this is broken also we can see a correction in USD pairs
$XLM/BTC longeterm bullish targets$XLM, Stellar, another old coin ready to go for a ride.
For $XLM using 2 set of fibs.
1st fibset is old one used in previous cycle with the never reached target of the 2.618 fibline at 8.5k satoshi, making it the first target for this cycle.
4.236 of the first fibset at 14k satoshi market another interesting point which together with the 2.618 at 16.5k satoshi of the new fib set makes up an area suited as the 2nd target.
Finally the 4.236 fibline of the new fib set at around 26k satoshi which is the final target from my perspective.
In case of XLM reaching all the way up to 26k satoshi and showing real strength one should consider the price breaking upwards into another fib set, which I plan to update accordingly on the chart depending on future circumstances.
$LSK/BTC long term targets$LSK char From Polo for sake of longest history of price.
Rising volume can be seen on Binance, indicating a trend reversal, right now the price is pulling back from an attempt to break the 1.6k level (0.236 on the 1st fib set).
Next resistance expected around 0.0003, the 0.764 fibline of first fib set, also a good place to take some profits.
Next Target is the 2.618 fibline of the newest fib set, sitting at roughly 60k satoshi.
Finally the more long term targets, the 4.236 fibline of the first fib set at 0.0016 satoshi, which was used as resistance multiple times in the past. The 2.618 fib of the 2nd fib set at 0.0034 satoshi, which market the ATH of the previous cycle.
And last but not least, a moonshot to reach a new all time high the 4.236 fibline of the 2nd fibset at 0.0052 satoshi.
Potential Reverse Head and Shoulders Pattern SpottedWhile the markets are looking long overdue for a pullback, the dollar, in direct contradiction (as it should be!) looks to be ready to move up (strengthen). A potential reverse Head and Shoulders (H&S) pattern appears like it could be forming on the daily. This coincides with the theory and timeframe of my prediction regarding The Fed's upcoming meeting in June, interest rate increase, and the DJI (see link to related ideas below).
$RDD/BTC preparing$RDD is another old coin with an insanely good looking chart with volume on the rise.
Last cycle RDD went from 1 satoshi to 200 and this time no one should expect this to differ much.
To get a better view on the lower levels of the chart.
The 31 satoshi is on the 0.764 fibline of the first fibset, historical strong level playing as both resistance in an uptrend and as a support in a downtrend. Once this level is cleared RDD is ready to take it a gear up.
Next up is the 50 satoshi level which shares 2 fib levels, the 1.272 of the last cycle and the 0.236 of the new fib pulled after the cycle from the at the time local low made at start of 2020.
Up next another less important resistance might arise around the 80 satoshi level where the 0.382 fibline sits.
To get a better view one has to zoom out which provides a glimpse into further potential resistances and targets.
Around the 100 satoshi line are again 2 fibs, the 2.618 from the old cycle and the 0.5 line from the new fib, hence this would be my first area for taking some profits.
Up next is the 4.236 fibline at 166 satoshi which ultimately acted as a top last cycle (the price did spike through it but it proved to be a hard enough resistance point to start the trend reversal) which makes it another great level for profit taking.
Finally we have the 2.618 fibline of the new fibset sitting at 500 satoshi which would be my target looking for a new all time high in this cycle.
Long term investment using moving averages
Green Line IS 200 WMA of Closing Price
Blue Line IS 200 WMA OF Low, Multiplied By 0.90
Red Line IS 100 WMA of Closing Price
Condition to buy : Green line should be above red line and closing price should be above green line
BUY only when the above condition is fulfilled.
Target For Time Frame of 1 Year = 2 X Price at buy trigger
Target For Time Frame of 3 Year = 3 X Price at buy trigger
Target For Time Frame of 5 Year = 5 X Price at buy trigger
Target For Time Frame of 10 Year = 10 X Price at buy trigger
However, Targets for 5 & 10 years can also depend on other factors.
Stop Loss Is Trailing To Blue Line
$KGC - Could We See $13 By This Year?Gold bottomed on March 8th, 2021.
born2invest.com
Kinross Gold's financials have also improved at a staggering rate since 2018.
2018 Financials:
$3.05 Billion Revenue
($22.40 Million) Net Income
-0.73% Profit Margin
2020 Financials:
$4.44 Billion Revenue
$1.41 Billion Net Income
31.86% Profit Margin
When technicals and fundamentals line up, long-term plays that match these criteria end up being my best performers. GLTA, and make sure to do your own DD before investing.
Disclaimer. My ideas are for informational purposes only. My ideas do not constitute solicitation, recommendation, endorsement, or offer to buy or sell any securities or other financial instruments. You should not construe any such information or other comments as legal, tax, investment, financial, or other advice. There are risks associated with investing in securities. Investing in stocks, bonds, exchange-traded funds, mutual funds, options, and money market funds involves risk of loss. Loss of principal is possible. Please exercise your own due diligence.
EPS/USDT good investment, Good long term buy.What is Ellipsis (EPS)?
Ellipsis is a decentralized exchange that allows for swapping of stablecoins with low slippage and minimal fees on Binance Smart Chain. EPS is Ellipsis' native utility token and is used for earning trading fees, staking, liquidity provider rewards and as airdrop rewards to veCRV holders.
About trade. Right now is very good entry point to go long.This coin has big future. Also 15min shows already bullish market structure.
best wishes William