Not_the_richest_man_in_Babylon

Not_the_richest_man_in_Babylon Aug 2, 2024

STM is at an important support level and near the bottom of the uptrend channel I have drawn. It is priced quite low according to both financial statements and many analysts. As a result, STM offers a good entry point for a long term investment. Currently, the average buying zone is in the $30-31 area, but if the market allows buying, the $27-28 area is the...

Not_the_richest_man_in_Babylon Aug 2, 2024

QNT hit a very important support zone and broke above the downtrend. At this point, QNT would be a good long-term investment option. In the medium term, the $120 level can be targeted. In the long term, the main target for me is above $200.

Not_the_richest_man_in_Babylon Aug 2, 2024

The ICP came back to life at the end of last year and increased significantly. After May, however, it declined in response to the general market decline. But I think that decline is now over. The $8-9 area is a good buying zone for us. Especially considering that it is coming out of the downtrend. I don't think it will go below $8 from now on, but in a...

Not_the_richest_man_in_Babylon Jul 15, 2024

AVAX fell from 65 to as low as 22, but finally managed to break above the downtrend. If it stays above 25, it is quite likely to see $60 or even higher in the long term. At this level, AVAX offers a very good buying opportunity. If it goes lower, I might buy more AVAX, but I don't think there will be any more buying opportunities below this level.

Not_the_richest_man_in_Babylon Jul 14, 2024

IMX fell from 3.77 to 1.2, completing the shoulder-head-shoulder pattern. It found a nice support at 1.2. Buying at this level can provide a nice return in the long run. Considering its recent developments and new projects such as Passport, IMX offers a good investment opportunity.

Not_the_richest_man_in_Babylon Jul 14, 2024

Tesla broke the 2 year downtrend and got support on this trend. It has a chance to double its price in 2-3 years. 240-260 is a very ideal range to enter. Tesla's recent safety reports and the potential for a possible government deal after the elections (especially after recent events) paint a bright picture, at least in the medium term.

Not_the_richest_man_in_Babylon Jul 14, 2024

RKLB received a reaction from the support level it has been testing for 2 years and managed to break the downtrend it has been in for the last year. I bought at 4.65 and I plan to add if it gives me the opportunity to buy again below 5 dollars. The first target is 7.6. If it exceeds this level, the next targets are 10 and 14 dollars.

Not_the_richest_man_in_Babylon Jul 10, 2024

Baidu, like many other China-based companies, has been in a long downturn. However, China is showing signs of economic recovery and this could be a bullish sign for China's largest companies. Another sign is that the stock is bouncing off a support that has been tested many times. If this support holds, Baidu could be a good investment for the next 2-3 years.

Not_the_richest_man_in_Babylon Feb 17, 2024

If ARB can stay within the ascending channel, we could see a rise towards the top of the channel. A position can be opened with a tight stop-loss order.

Not_the_richest_man_in_Babylon Feb 17, 2024

ICP tested the ascending resistance quite a lot and managed to stay inside the triangle. It will go up to 14 and if it can break it this time we could see a nice rise.

Not_the_richest_man_in_Babylon Updated  Feb 15, 2024

As long as BNB stays above the support level, bullishness may come. You can enter a stop order just below the support and open a position.

Not_the_richest_man_in_Babylon Updated  Feb 12, 2024

The shoulder head shoulder pattern may result in an upside move. Long trade can be opened if BTC can make a nice retest coming out of the ascending triangle. In case of a rise, the 44k level will be quite critical. If it goes above this level and makes it a support level, the rise may continue until the top of the channel. If it cannot close above it, a retreat...

Not_the_richest_man_in_Babylon Feb 11, 2024

NEAR is pushing the resistance level and if it can break above this level, we can see a rise up to 3.7.

Not_the_richest_man_in_Babylon Updated  Jan 13, 2024

BTC may have opened a new channel. If it can continue in this channel and BTC.D falls, there are many rockets waiting to fly in altcoins. Or I could be too optimistic for the market. What do you think?

Not_the_richest_man_in_Babylon Jan 9, 2024

AVAX has returned to its previous trend and could start a new move from here. The positive atmosphere that may occur with the ETF news may start a new rally. Can be entered with spot or low leverage.

Not_the_richest_man_in_Babylon Dec 31, 2023

BAKE made a nice rise and returned from 0.9. If it gets a reaction from the support point at 0.5 and stays above this level, we can see a nice rally in the long term. In my opinion, the 2.35 level is the main target in this bull season and a buying zone between 1.6-2.3 may occur in the next period.

Not_the_richest_man_in_Babylon Dec 31, 2023

GALA is still moving within the channel and also tested the support level. From here we could see a move towards the top of the channel. The key target in the short term is 0.039-0.040. Otherwise, it would be wise to cancel the transaction if it goes below support again.

Not_the_richest_man_in_Babylon Updated  Dec 29, 2023

FTT may start to move upwards in case a double bottom pattern is formed. It can be traded with a narrow stop-loss. If it goes up, the first target is the channel top.