Here there will be analyzes of exactly those companies in the market that have the best risk-reward ratio, with high growth potential (up to 100%) and a short stop (up to 5%). I recommend subscribing to the channel immediately so as not to miss new profitable ideas!
related article: He was bullied at school but now lives a lavish lifestyle thanks to trading in Bitcoin and other cryptocurrency
Coinabase $coin — Cryptocurrency exchange, mainearnings from commissions of customer turnover. In the 3rd quarter of 2022, it received losses, revenue decreased compared to the 3rd quarter of 2021 from $1.31 billion to $590.3 million as demand for cryptocurrency fell.
Fundamentally weak + insider selling +collapse of the FTX exchange. But here we can look at the situation from a different angle. FTX clients will simply move to other venues (Binance and Coinbase will benefit from this).
related article: Australian investor bought a 2,800sqm property in Charleville with money he earned by innovative financial tool
Technically, the picture is more interesting! Hit the June 2022 lows, forming a double bottom, volumes rose, rested against strong support.
How to trade a pattern?
Buy on support around $40, place a stop at $39.9, sell at $60 and $80 resistances.
As a result, we have a close stop and high potential profit.
Stop is required, because the departure of quotes below the level cancels the idea and intensifies the fall of shares, there is no more support below!
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Overtook the MICEX market by 10 times. I share my thoughts and ideas on my channel. Subscribe.
