MSTR has corrected extensively since peaking at 450 range last July. Now, LONG POSITIONS has started accumulating at the current price range based on daily metrics.
Significant net buy volume has been registered -- almost overtaking average numbers this past few days. This a definite sign that a new base is currently being cemented for a new ascend movement soon -- for the long term.
It is currently bouncing off a 78.6 FIB level with precision - a major order block support.
Expect some significant upside volatility from the present levels.
Spotted at 325.0
TAYOR.
Safeguard funds always.
-------------------------------------
SOME RELATED NEWS:
MicroStrategy Bought 5,445 Bitcoin for $150M Since August
The software ompany now holds nearly $4.68 billion worth of the largest cryptocurrency by market capitalization.
By Shaurya Malwa
AccessTimeIconSep 25, 2023 at 8:25 p.m.
Updated Sep 26, 2023 at 12:40 a.m.
Software developer MicroStrategy (MSTR) purchased nearly $150 million worth of bitcoin (BTC) between Aug.1 and Sept.24, it said in a Monday regulatory filing.
"MicroStrategy, together with its subsidiaries, acquired approximately 5,445 bitcoins for approximately $147.3 million in cash, at an average price of approximately $27,053 per bitcoin, inclusive of fees and expenses," the company said in the filing.
Significant net buy volume has been registered -- almost overtaking average numbers this past few days. This a definite sign that a new base is currently being cemented for a new ascend movement soon -- for the long term.
It is currently bouncing off a 78.6 FIB level with precision - a major order block support.
Expect some significant upside volatility from the present levels.
Spotted at 325.0
TAYOR.
Safeguard funds always.
-------------------------------------
SOME RELATED NEWS:
MicroStrategy Bought 5,445 Bitcoin for $150M Since August
The software ompany now holds nearly $4.68 billion worth of the largest cryptocurrency by market capitalization.
By Shaurya Malwa
AccessTimeIconSep 25, 2023 at 8:25 p.m.
Updated Sep 26, 2023 at 12:40 a.m.
Software developer MicroStrategy (MSTR) purchased nearly $150 million worth of bitcoin (BTC) between Aug.1 and Sept.24, it said in a Monday regulatory filing.
"MicroStrategy, together with its subsidiaries, acquired approximately 5,445 bitcoins for approximately $147.3 million in cash, at an average price of approximately $27,053 per bitcoin, inclusive of fees and expenses," the company said in the filing.
Trade active
moving as planned.Trade active
Congrats holders. :)Trade active
Ultimate target reached.Skies are clear now -- which means least resistance / more price growth.
Trade active
Congrats holders, that's almost x2 from our spotted range.Trade active
This is almost at 700 levels. Unreal.Trade active
4h data update:Buyers are back, preppin to retest 700.
Trade active
Note
Recent price move has created a 2nd-W-leg formation. An indication of a pre surge level. Expect a revisit of 700 range soon.Trade active
Who would have thought this will grow close to 2k pricewise.Just Out of this world!
Congrats holders. :)
Trade active
Daily data update:STRONG BUY. This is prepping for a strong short squeeze (upside) from the current range. Net buy volume has increased significantly conveying long positions are piling up now for that next run-up.
Spotted at 1200
TAYOR.
Trade active
Trade active
Moving based on expectation. MSTR added +300 usd to the price from our original spot from 1200.
Congrats holders. More rise is expected to 2k and beyond.
TAYOR.
Trade active
Another good rise for MSTR as expected.Trade active
And more rise indeed.Crypto market just exited capitulation area now.
2500 is the target for MSTR now.
Trade active
So far so good on MSTR. It added almost 400 from our MAY 15 spot area.This is now aiming for 2k level soon and possible strong breakout beyond it.
Everything is aligning for that strong move now.
TAYOR.
Trade active
This is still at a good deal price range.Aiming for a 2k close within the next few days.
Trade active
REITERATION: STRONG BUY.This is firm on tapping the 2500 on its next surge cycle based on it's recent price behavior.
Spotted at 1600
TAYOR.
Trade active
DAILY data metrics update:MSTR has been consistently creating higher lows. Momentum build up has been spotted at the current range. Expect some strong ascend attempt in the next few sessions.
Spotted at 1400.
TAYOR.
Trade active
Interim target set at 2200Trade active
So far so good on MSTR.Buyers are flocking in in prep for the new alt season cycle.
Target has been readjusted to 2500 levels.
We are aggressively moving closer to the heat zone / breakout area.
current price: 1700
TAYOR.
Trade active
post split price update:MSTR has reversed quite significantly to the upside after tapping a weighty lows at 113 to now hitting 165.0, a 50% rise.
Based on latest price behavior, an upside pressure is building up this levels. A short squeeze maybe forthcoming soon target 250.0
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.