Buydips
Silver breaks out going into Oceania & Asia Tuesday trading!!
Thanks to a very bullish Head 'n' Shoulders pattern on 1-5M timeframes Silver has posted a very strong close. You can see here on the daily it's broken out very well compared to Gold & the Silver price still has some catching up to do following its' sell-off in July.
I quote my girlfriend "I'm always right" 🚀🚀Hello everyone,
This is not a technical analysis
Recently, from my magic ball I predicted a descent to 28k. Most of the people who lost their money were packed in LONG.
Back then, I was breaking records when it comes to profits. Later greed spoke up and on the last little pimp I lost a lot of money in SHORT, of course through the levers. I was right, but so what;) You have to draw conclusions and not give up.
At the moment, I see headlines about the cryptocurrency crash and that they are dying. This is a clear signal for me to recharge and keep my hands under my ass. There is extreme fear in the market and people make irrational decisions. Whales send bitcoins to leverage, so they need to be sure that there is little risk in the LONGs. Additionally, in retreat, most say we're going to $ 20k. You have to play against everyone to win something.
As you probably already found out, there are the first cases of #monkeypox. The WHO may announce a new pandemic at the beginning of autumn. I compared it with the "COW ID" infection development statistics. I would be careful with long positions for this event. Good luck.
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#buydips
When youtubers talk about higher and higher, I scream ALERT 🚨🚨Hello everyone,
I believe less and less in technical analysis ...
After spending more than a year staring at charts and drawing lines, I realized that the stock market has an alternative to my moves every time.
We can say that we have a correction, a flag that is responsible for the continuation of declines.
On the other hand, we have higher and higher lows and lows, which says about the trend reversal, and of course a lot of analysts claiming that there will be no more declines.
What to believe? I believe that BITCOIN will be cheap at 28k-30k and then it will be time to buy or enter futures in the long-term.
I wouldn't be surprised if the price was pushed by a wick even at 24k.
I sit with SHORT and wait for the Youtuber money to fall into my hands: D
I must warn you about the descent because this is my vision for the near future. Don't be fooled by temptation!
The plan to delete us is very simple: D Let's show them that it's growing, and they'll wake up in the morning with nothing.
Remember that I may be wrong, but the truth is, this is a fight with the player on the other side of the monitor.
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#buydips
Buy GOLD dips...Buy GOLD dips when it is in up trend and never key level.
XAUUSD
TYPE : BUY
TF : H2
ENTRY PRICE : 1820.00
STOP LOSS : 1809.00 (110 PIPS)
TAKE PROFIT : TP1: 1822.00 TP2: 1826.00 TP3: 1833.50 TP4: 1840.00 TP5: 1855
ANOTHER DISCOUNT with global chip shortage and declined value of one of the largest suppliers
what you think is going to happen when things go back to normal especially with the increasing demand 🤔
In times of confusion I believe the best opportunities are given
This goes for a semiconductor companies what is technology without it
$SPCE Buy the dip opportunity$SPCE has formed a head and shoulders pattern which is a bearish sign. The stock has been declining since mid February and formed a head and shoulder pattern and confirmed downward breakout during mid April dropping below the neckline price of $24 per share. The stock has declined more than 37% during the last 30 day period and is trading around strong resistance line and 52 week lows. Average decline in head and shoulder pattern is 20-25% and average change after the trend ends is around 50%.
I think this is a good buy the dip opportunity!
I entered the trade at $14.25 (pre market).
My price target is $24.5 during next 45-60 days, can set a stop loss around $13. This is a good risk reward opportunity!
Good luck and trade smart! (not a financial advice)
REN REN to 10/10 1H Chart1H RSI Support Zone Resistance Zone Target Price Comments
32.7 0.0970 Closing above EMA 12 = 1.048 Refer to Detailed report Indecisive action can continue.
(Entering Oversold) 0.0846 1.121
1H Readings:
The Price has been moving in an upward channel and has now tested the bottom of that channel with good volumes and is making Hammer on Hourly Closing. Now taking breaking EMA 12 based resistance will confirm the support and will gear bulls to test 1.12 region once more while breaking that will put the scrip into a breakout which has potential to test 1.47 region once again.
Indicators are in oversold region, signaling that downside is not restricted.
Not Financial Advice, do your own due diligence and Slay your trading days!!!
BTC weekly chart. time to go long for the long termOn the weekly BTCUSD chart we notice that there is a high chance we wont see much of a drop in price anymore,
and need to consider the current dip as a buying opportunity.
We do note, however, that to fully confirm the uptrend since 3120 low, we need to see a higher high above 14k.
The rising support level is being tested right now. The falling resistance has been broken in July, and hopefully will be left behind.
8600 seems like an appropriate level for a stop loss. 14k is a good target to take portions of the profits.
new all time high around 23-24k could be a good final target for taking profits and/or selling opportunity.
Note:
In the FIbonnaci extention analysis we de-emphasized the pandemic related drop in price, considering it an unusual one-time event.
BTCUSD lets buy this DIPWe notice that BTC is currently in the process of testing a confluence of support features on the 1D chart:
1) descending trendline (drawn across previous years highs - thick black line)
2) EMA100 (we use EMA100 to define bull/bear markets)
3) horizontal support at 10500
Overall, I view it as a good opportunity to add to the long position targeting 13k-15k
for weak-handed leveraged trades we can place stop loss below 10500
for stronger-handed spot trades we can place stop loss below 9000
GOLD - Buying dips to the bottom of the channel Gold is Bullish - We look to Buy at 1780.5
▪️ Trading within a Bullish Channel formation.
▪️ Bespoke support is located at 1780.50.
▪️ There is scope for mild selling at the open but losses should be limited.
▪️ The medium term bias remains bullish.
▪️ Preferred trade is to buy on dips.
▪️ Expect trading to remain mixed and volatile.
Stop: 1773
Target1: 1809
Target2: 1818