DISCLAIMER(1): AS OF 08/02/2020 ALL PUBLICATIONS & SPECULATION ON MARKET CONDITIONS IS STRICTLY FORWARD-THINKING CONJECTURE & OPINION BASED ON MY OWN RESEARCH & EXPERIENCE FOREX TRADING CRYPTO; LET ME BE PERFECTLY CLEAR ABOUT THE PRECARIOUSNESS OF THIS SITUATION: I CANNOT HODL/TRADE/GIVE MY $0.02 ON ANYTHING PERTAINING TO REGULATORY PROPOSALS AND POLICY SUGGESTIONS THAT I MAY OR MAY NOT BE PRIVVY TO BEFORE HAND in accordance with federal law & Securities & Exchange Commission bylaws X-14.2 7 ex14_02.htm 2013 INSIDER TRADING POLICY exhibit 14.02 section 2b-4.
I've been doing too much consulting/strategic analysis/programming as of late & not enough charting -- so I feel the need to ramp up some publications (to make sure I don't get rusty) for when I can and will trade after the election.
Please take all disclaimers to heart: these are posted with humility & despite historical precedent revealing a >98% success on all my publications, even a wizard gets it wrong from time to time.
With that being said: here's my take on where we stand with COMP/BTC && LINK/other defi atm.
Some of you guys/gals know how I feel about DeFi.... SMH
Lets cut the bullshit.
Using finance vernacular rhetoric/jargon to doll up DeFi as a new “innovative” & “exciting” part of #crypto #blockchain: sprinkle glitter on pile of crap & its still a pile of crap — call it what it is: margin trading...reminiscent of BTT (Bitconnect days)....It wreaks.
I want NO part of it.
HOWEVER... (if I were you -- again this is strictly conjecture) I could NOT pass up what is so clearly a solid entry point.
BB / KC / VOL / SQZ & etc. fundamental indicators reveal we've hit our entry neckline as an Elliot Wave further signals a reversal ready to ensue following suit after a major dump on COMPBTC.
I may not approve of DEFI but that DAMN sure doesn't mean you can't profit off it (not by using it) but by keeping a close eye on market fractals/fundamentals & forex swing trading it & right now COMP (as well as LINK -- also primed for entry, signaled below) are among(if not the highest) profile DEFI tokens & after a phenomenal turnout @ launch in priceaction: like all token releases -- a steep decline followed suit.
Now I knew this token would need half a quarter to a full quarter after being listed on Bittrex/Binance and other major exchanges to fully consolidate before considering an entry: it appears the combination of the Elliot wave & market exhaust on the wedge (when zoomed out) crossing its neckline has primed (what may be) a solid timing.
REMEMBER THIS IS ALL contingent on BTCUSD priceaction -- so in the event the penduluum swings in either direction, it is NULL & VOID! I cannot stress this enough!
ALWAYS checking in to make sure there are no mistakes.
This token pairs well against BTC, as for other DEFI i.e. with CHAINLINK (pairs well against ETH).
As usual Green Horizontals represent TP & red is the most important (STOP) as this is a (MID - LONG signal) mid risk high reward investment with an est. timeframe of atleast a couple weeks (forward looking, ballpark, IMHO)
Disclaimer
Note: This is strictly conjecture based on my own technical analysis and not any information based on any sources from the GOP Or federal government/treasury dept / ay institution of any form this example is for educational purposes only and should not be relied upon for any other use. Please invest responsibly and make all decisions based on your head; not your gut. Any projections or figures provided in this analysis are Forward-looking statements And have no basis Other than my own opinion and not information related to the GOP , SEC or wall sf in general. Just the wiz doing what he always did best — Disclaimer must be extended and extensive So forgive me as I need to truly emphasize None of the information obtained in conducting this analysis was provided by insider trading in anyway shape or form.
Certain information set forth in this presentation contains “forward-looking information”, including “future oriented financial information” and “financial outlook”, under applicable securities laws (collectively referred to herein as forward-looking statements). Except for statements of historical fact, information contained herein constitutes forward-looking statements and includes, but is not limited to, the (i) projected financial performance of the Company; (ii) completion of, and the use of proceeds from, the sale of the shares being offered hereunder; ( iii ) the expected development of the Company’s business, projects and joint ventures; (iv) execution of the Company’s vision and growth strategy, including with respect to future M&A activity and global growth; (v) sources and availability of third-party financing for the Company’s projects; ( vi ) completion of the Company’s projects that are currently underway, in development or otherwise under consideration; ( vi ) renewal of the Company’s current customer, supplier and other material agreements; and ( vii ) future liquidity, working capital, and capital requirements. Forward-looking statements are provided to allow potential investors the opportunity to understand management’s beliefs and opinions in respect of the future so that they may use such beliefs and opinions as one factor in evaluating an investment.
These statements are not guarantees of future performance and undue reliance should not be placed on them. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause actual performance and financial results in future periods to differ materially from any projections of future performance or result expressed or implied by such forward-looking statements.
Trade Safely, Have a great week everyone! REMEMBER TO SET YOUR STOP LOSSES!
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