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Bounce

BTC Update! Entering zone of support but will it hold?I've been saying for weeks now that our strongest support in my opinion was $7400-7750 area. In the past few days we have now bounced off the top of this range twice. $7715 was the low 3-4 days ago and then $7701 this morning. This remains upper end of the zone of support I have been watching and would really like bulls to hold this zone. Thus far some trade-able bounces but nothing significant to start changing the trend. On this chart I have just added a yellow box around the support area I personally am looking to have the bulls defend. If this eventually caves, outside of psychological supports of $7k or 6k, I don't see much support until closer to $5000-5500 zone. Ideal scenario here in my opinion is this $7400-7750 zone can be re-tested a few times with bulls filling their bags and eventually providing a bounce and trend change with higher lows and higher highs. Just My 2 Sats!
COINBASE:BTCUSD
by My2Sats
Gap Inc. Appearing to Reject 200 EMA Once AgainOn the 4-hour chart of NYSE:GPS , price action has interfered with the 200 Exponential Moving Average a numerous amount of times. And, almost every time it has, a reversal and price swing has occurred. This latest one happened after a price surge caused by a normal stochastic oscillator divergence, sending price action straight through linear resistance. Old resistance becomes new support; the foundation of the technicals I've used to price target the short exit. Gap Inc. is in a heavy sell off, as it has been for months on end. In some ways, this recent surge may be seen as standard price oscillation or even a short squeeze. The technicals right now are supporting a continuation of this collapsing trend. Entry Price: $19.24. Stop Loss: $20.55 (Resistance formed by movement before a downward gap) Target Profit: $16.00 Methods of Capturing Gains Short stock. Short call credit spread. Naked puts. Put strike biased straddle. Bearish strangle. *Note: There is an infinite number of ways to capture bearishly favored gains. Be careful with the GPS weekly options because they have low volume, open interest, and liquidity, and can result in extremely unfavorable execution and fill pricing.
GShort
by DoozyTrader
XRP BEST PERFORMERIncredible, i closed my long before that savage wick down, but i admit XRP is doing very well. Best performer during BTC dump was holding pretty well. Resistance 3050 - 3150 sats, a close above with a retest will be a long signal for me. Till then i will wait. Enjoy. -------------------------------------------- INDICATORS USED -------------------------------------------- "Lady BTC BOTTOM" -------------------------------------------- "Lady S/R" -------------------------------------------- Check my last creation: "Lady GOD"
by UnknownUnicorn5338836
2
BTC LONG UPDATEMy trailing stop got hit around 8665, for quick profits with a 25x leverage. Now price is back to my entry, you know the importance of trailing stop? to book profits without exiting for greed. Expecting a consolidation and a pattern formation during next hours. Enjoy. -------------------------------------------- INDICATORS USED -------------------------------------------- "Lady BTC BOTTOM" -------------------------------------------- "Lady S/R" -------------------------------------------- Check my last creation: "Lady GOD"
BITMEX:BTCUSD.P
by UnknownUnicorn5338836
2
BTC | BounceologySo just to follow up on my Idea from yesterday, on the 4H chart we can clearly see the fib .382 (derived from the weekly high in dec '17 to the low of '18) acting as a support line from a triangle formation that formed since June (which i also pointed out on an earlier Idea). But nevertheless, this support line which has been resting around 9400/9500 has been tested 4 times the past two months. FOUR TIMES. And remember, this is based on the 4H chart. If you use another timeframe, you may see the same pattern more or less. And since my Idea posted yesterday, BTC has gained about 5% but thats not the point. The point is, I took a slightly deeper look into these 4 "bounces" and have noticed a few interesting things on each one: 1st bounce: price unable to breakthrough ichimoku | 21 SMA not above 100, rebounded 18% before downtrending towards the 2nd bounce 2nd bounce: price made it above ichimoku, 21 crosses 100, 31% rebound 3rd bounce: price unable to breakthrough ichimoku | 21 SMA not above 100, rebounded only 16% before downtrending towards the 4th bounce 4th bounce: price made it above ichimoku, 21 approaching cross of 50, already above ichimoku, rebounded already at 11%, if it were to mirror the 2nd bounce then expect a PT of 12,352 which puts it at 31% rebound As we approach September 4th (well in my timezone its getting close), we will see this 4th bounce be enough for the bulls to charge higher? Thoughts?
BITSTAMP:BTCUSDLong
by jiamijiang
3
Gap filled. Time to buy??ROKU has been slaughtered over the last couple weeks. Is it time to buy for at least a bounce? I'm leaning towards yes... but I haven't really gotten an entry reason. ROKU fell more than 40% from wick to wick on the candlestick chart. That's pretty incredible... however, they have had a tremendously good year. I'm not saying they will go up and retest their all time highs, but why not make a little money off a bounce that is bound to happen at some point. That some point might be now.
NASDAQ:ROKULong
by Bankuur
7
ETH TIME AGAIN *REPOST*ETH is ready for another upward moviment, if this line fail welcome 200. My indicator printed green bars meaning a reserval point, upward during next hours. I am long. ------ Update, bounced below line and again into the pattern. Enjoy. -------------------------------------------- INDICATORS USED -------------------------------------------- "Lady BTC BOTTOM" -------------------------------------------- "Lady S/R" -------------------------------------------- Check my last creation: "Lady GOD"
BITMEX:ETHUSD.PLong
by UnknownUnicorn5338836
ADA ready *REPOST*And again my indicator showing some green bars, a reserval point in action. Potential target 510 / 518 sats , i think ada is painting a falling wedge . i am long. Could be a bearish retest, tight stop. Enjoy. -------------------------------------------- INDICATORS USED -------------------------------------------- "Lady BTC BOTTOM" -------------------------------------------- "Lady S/R" -------------------------------------------- Check my last creation: "Lady GOD"
by UnknownUnicorn5338836
BTC bounced from support *REPOST*No end to this daily chop, anyway bounce from support but bulls not convincing me. I am scaling into short positions, adding and splitting my big order in 5 orders, the biggest if btc try to go up. Premium in short from 10400 area, target below 9k. Enjoy. -------------------------------------------- INDICATORS USED -------------------------------------------- "Lady BTC BOTTOM" -------------------------------------------- "Lady S/R" -------------------------------------------- Check my last creation: "Lady GOD"
BITMEX:BTCUSD.PShort
by UnknownUnicorn5338836