$BTC Hold the line!$BTC needs to hold this line, if it wont im opening a big short.
Target:
$42,000k ~ $43,000k
If we see a bounce from this level we could see $53,000k in a short period of time.
Please let me know what you think!
Bounce
Roku: Dead Cat Bounce? Roku bounced really well at the strong support zone and also changed the trend to bullish "U" on the daily and 4HR chart.Previous Resistance that turned into support $351 is crucial indicator of reversal. Making daily higher highs and higher lows gave it a confidence bounce upside. If it can hold at EMA 20 with volume, it can easily hit back to $360. Bullish trend on RSI as well. When it breaks, there will be a big opportunity. Selling pressure is slowing down and a trend change with the inverse hammer followed by a green candle. If it breaks the support of $340, its a dead cat bounce.
Bullish island reversal with positive momentum divergenceThe SPDR Select energy sector ETF (XLE) is gapping up to kick off the week and creating a 2-bar bullish island reversal at prior support and with bullish momentum divergence. This could be exactly what the bulls needed to kick this prior leader back into gear.
No position personally, but looks good for at least short-term continuation.
BA: Watch for the bounce backAs we had more and more bad news and fast-growing covid cases there was a general downtrend beginning from March. Now we are getting to good levels of support to buy.
That’s my trading setup
1. Buy: 204.83
Stop loss: 203.23 (-0.74%)
First Target: 220.69 (+7.68%)
Second Target: 230.49 (+14.49%)
2. Buy: 192.53
Stop loss: 191.07 (-0.70%)
First Target: 204.83 (+7.09%)
Second Target: 220.69 (+15.43%)
I think it is more likely that we see a bounce back at 204$ range. We have the opportunity of a double bottom, have support of the 400 SMA (orange) where we often saw great support (green marked). Daily RSI is oversold (bullish), MACD is pretty neutral.
At the second buy we reach the bottom of the parallel downtrend line to bounce up and double bottom with the strong support of 192.49$.
LONG DGB/USDTThe market took a slight dump and currently bouncing back.
I am buying some DGB/USDT for possible trades.
10% to 20% jump expected.
Entry level: $0.06138 to $0.06281
Stop Loss: $0.05436
Targets:
$0.06541
$0.06947
$0.07315
Use minimum 5x leverage and set your SL.
Note: This ain't financial advice. I have done my own research and trading at my own risk. So, do your own research before taking this trade.
BUY THE DIP and LONG TOMO/USDTTOMO is at the lower support and is likely to bounce 10% to 15% from the current price.
Open entry at $2.7 to $2.81
Stop Loss: $2.63
Targets:
$2.918
$3.027
$3.169
Accumulate this coin with 5x leverage and do hold your SL tight.
Note: This ain't financial advice. I have done my own research and trading at my own risk. So, do your own research before taking this trade.
TrendyTrades: AEP Golden Fib bounceAEP setting up for a 1 point move here, possibly more with a hold of golden ratio fib, we should see a push up. WAIT for confirmation.
TrendyTrades: FUBO reversalLooking prime to push up with a nice hold above fib and Demand. We have a recipe for a push up.
NIO: What it needs to fly again?Hello traders and investors! Let’s take a look at NIO today!
Since it reported earnings, NIO has been in a bearish momentum, and it seems nothing will reverse it. The last support was at $ 38.66, and NIO lost it, but what does this means?
We are still far from May’s bottom at $ 30, and since it dropped that sharply, it has good chances of bouncing back up, but so far, we have no bullish structure in the 1h chart.
On the bright side, we are near the support level, and it seems NIO didn’t lost it completely, as we see early signs of reaction. Let’s see the daily chart for more clues:
We have a bullish candlestick pattern today, which is a start for a possible reversal, and since we are near the previous support level, now is the best time for NIO react. If we close above the $ 38.66 again, it will be a false breakout from the support level, and this will be very frustrating for the bears, as they will be stopped out.
Since we hit the support, the volume increased, and if we see a reaction, the 21 ema will be the target for us. Then we’ll see if it’ll be a Dead Cat Bounce or the beginning of a true reversal.
But I agree that today’s reaction is not the best so far, and we must wait for more information. The situation is very delicate, and how NIO will react in this support will dictate the next big movement.
If you liked this analysis, remember to follow me to keep in touch with my daily updates.
Have a good day.
TrendyTrades: RIOT BounceBeautiful price action pulling back to 50% retracement and also confluent with a uptrend-line. Check your sweeps programs for more confluence as this look like a good setup.
SQ holding supportThe uptrend for SQ is still intact. Held the swing low, nice little pullback. Tomorrow morning could be a perfect opportunity for an entry. Will enter $267.50 calls expiring 8/20 if opportunity presents itself.
ROKU Cup & Handle - Is Now The Time?I'm expecting bullish momentum this week.
Pros:
- Potential bounce off the 200MA
- Great ER
- Bullish Divergence forming on the hourly chart
Cons:
- Potential "Double Top" pattern
- Strong Bearish Weekly and Monthly candles
- Handle is extending more than 50% of the cup. This may break your rule regarding this pattern.
A bullish bounce, if strong enough, could carry ROKU to $400 within 2 weeks. I'm swinging $400 8/27 Calls. I entered on 8/13 at 3:59pm lol
Looking for double bottom bounceThis is just for fun, don't take it seriously. We are a little bit bearish at 4H but i think we can do some bulla pattern at 38-40k zone like doubble bottom or inverse H&S
TrendyTrades: ROKU AnalysisI see two possible bounce areas. One is inside the channel, the 2nd is outside it. Watch for price confirmation.
LONG QTUM/USDTQTUM looks good to buy here. Bouncing back from the lower trendline where we also have the 200 days moving average. Expecting a profit of 10% to 15%.
You can start accumulating from $9.86 to $10.31.
SL will be at $9.602
Target 10% to 15%.
Note: This ain't financial advice. I have done my own research and trading at my own risk. So, do your own research before taking this trade.
Like and comment.
LINK to bounce soon part 2LINK to bounce soon part 2. Here we go! Come on BITCOIN bounce, so we ALL can bounce!
LInk to bounce soon, Expected BTC Pump action happening any minLInk to bounce soon, Expected BTC Pump action happening any min
TrendyTrades: SPCE AnalysisLooks like price has 1.6 points more to the downside to .786 fib level (24.15). Watch for price action and reaction.
TrendyTrades: XRAY Gap Fill (bearish)XRAY in a gap fill with momentum to the downside. Multiple confluences see this bounce after filling gap.
Rising wedge acting as supportThe previous trend line resistance for the wedge is now acting as support as go into the mid and upper 40's. This is normal for a s/r to flip however what I find weird is the candle we saw earlier dipping inside the wedge and bounces off the support.
Previously I had stated that the 10-11th of august is a deciding day for BTC as we are likely to test the 200dma and it is the meeting point of the wedge.My fear is that the candle earlier exposes weakness in the support and that if tested again we may fall into the wedge where we remain before falling down. This ties into my previous idea about supply takeout and how if we don't reclaim this area we bounce down. The wedge deadline gives us time and actually supports us up to this area while still providing an area for us to fall.
Also previously stated that if 45 is not claimed then we may see a down fall quickly diving into the many fvg we have left on this quick assent. While I remain neutral I'm still very open and more opposed to any idea that 45k will be an easy absorption
#BTCUPDATE - 3.8.21 NEEDED CORRECTION IN PLAY
I would not see this is particularly bearish movement but more of a needed correction. There could be a bit of manipulation happening to drive market down whilst potentially new German institutions are wanting to come in and play.
We are in a confirmed downward channel and trying to find support - getting back above $35.5k is positive and a pretty key support. Breaking will take us to $37.6k and then onto $36.3k if that doesnt hold.
A bounce here can take us quite quickly up to $40k again.
My play is to wait it out and if losing $37.6k then to short to $36.3k. Breaking up on the $39.3k should lead to $40k.
There is a bullish divergence printed on the 1hr coupled with the Key Support could indicate a strong bullish #bounce here.
Bitcoin watching for short squeezeThis is just idea but i watch for something like this, short squeeze to 48k, then retail will go fomo long and the big players will push the market down to take their liqs. Not sure but funding is still negative and most of peoples are bearish and wait 34-36k.
$CRV Potential Bounce Potential bounce for $CRV to the top of the lower range. flip levels, long to the next. not entirely convinced downtrend is over but we should get a decent bounce as long as bitcoin holds.
