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RED Market Update📊 RED Market Update RED is currently retracing after its recent move 📉 If you missed the first entry or are looking for a re-entry / more accumulation, the smart play is to wait for price to reach the green support zone 🟢 👉 Volume Profile shows strong buyer accumulation at this level. 👉 If price pulls back and confirms a bounce, it could provide a high-probability long setup 🎯 ⚠️ Reminder: Patience pays — entering at support with confirmation gives the best risk/reward.
Long
by WaveRiders2
TSLA Logo. Not Much ElseCreated a better logo for TSLA ideas. TSLA sits trendless like a lot of other mega caps. Bull run was quashed by Jerome Powells hawkish stance at Jackson Hole. Now TSLA dangles below support ready for a retest of the Ascending Triangle I put out a few weeks ago. The previous cup and handle is no bueno. Here I presented a rally after the split. Not in the cards in the current macro environment. The split really put the handcuffs on TSLA. Sorry, not much other TA to provide. Enjoy the Logo instead!
NASDAQ:TSLA
by SPYvsGME
4
The importance of name branding and logo in cryptocurrencyName and logo are important in evaluating the possible value of a cryptocurrency, for example, during the dot com bubble, Boo.com, 3com, lastminute.com all experienced large gains within the first months of IPO release but prices steadily declined to zilch. This is most likely due to fundamentals however name and logo both play into this also. Attracting investors based on appearance and branding, establishing a memorable impression with these factors is vital for the survival of a company. Not much has changed with cryptocurrency the spread of Name and logo is pretty clear, for example (my personal opinion) Waves, Seele, Ravencoin, all provide less than notable impressions, while Augur, Ethereum, NEO and Cardano give quality first impressions (again my opinion). The stellar rise of these coins and similar coins may be seen once maturity of the market is observed, again fundamentals plays a big part but branding also is notable. Leave some feedback and your own thoughts!
KRAKEN:ETHUSDEducation
by Bixley
4