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10/06/21 10:53
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By collins244 · Posted
The current cryptocurrency market trend is bullish, and the fear and greed index suggests that investors are content with holding onto their investments. However, this could be a ploy to deceive investors into buying before the real bull market. As a result, I am conducting research on multiple altcoins that have strong fundamentals so that I can invest in them when the market experiences a dip. From my research, I came across Cetus Protocol, a pioneer decentralized exchange (DEX) and concentrated liquidity protocol built on the Sui and Aptos blockchain. According to CoinMarketCap (CMC), its native token, CETUS, has a market cap below $6M, which makes CETUS a gem, in my opinion. Cetus Protocol has also been listed on various exchanges, such as Kucoin, Gateio, and others. Additionally, it will be listed on Bitget on December 7th, and the exchange has presented an opportunity to get free CETUS tokens by participating in its deposit and trading event. What are your opinions regarding the project (Cetus Protocol) and the general markets? -
By tradinglounge · Posted
Johnson & Johnson, Elliott Wave Technical Analysis Johnson & Johnson, (JNJ:NYSE): 4h Chart 6 December 23 JNJ Stock Market Analysis: We changed the count to a bullish scenario. At this stage we are looking for upside in either a wave 3 or C that seems to be unfolding as expected. Looking for 5 waves within wave 3/C. JNJ Elliott Wave Count: Wave (iii) of {iii}. JNJ Technical Indicators: Above all averages. JNJ Trading Strategy: Looking for longs into wave 3. TradingLounge Analyst: Alessio Barretta Johnson & Johnson, JNJ: 1-hour Chart 6 December 23 Johnson & Johnson, Elliott Wave Technical Analysis JNJ Stock Market Analysis: Looking for a sideways consolidation into wave (iv) to then continue higher as we seem to be finding support on 158$. Upside target for wave {iii} stands at 161.5 as we have 2.618 of {iii} vs. {i}. JNJ Elliott Wave count: Wave (iv) of {iii} JNJ Technical Indicators: Above all averages. JNJ Trading Strategy: Looking for longs into wave (v).
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