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Buythedip

Has the dip ended on Ethereum?!Good afternoon cryptomaniacs From this TA, i firmly believe that the dip is now over and Ethereum has recovered. Here are the following reasons why. 1. EMAs are still bullish and looking healthy 2. We have had 3 impulses down 3. Regular bullish divergence with a slight double bottom Above are the reasons why I believe the dip has come to an end. Another note we could have two options on how to trade this. Which are 1. Enter a trade now 2. Wait for price to return to the yellow box As always, keep the risk managed
COINBASE:ETHUSDLong
by MomentumTradeWA
Aggressive buy zone (Buy the dips opportunity)I think this is the best time to buy aggressively. The price has been corrected to the Fib-0.618 and is on the multiple strong support levels. Do you prefer to trust social networks and follow rumors or take a look at the chart and get help from collective intelligence? Someone who claims to be our friend one day calls Bitcoin "my safe word" and questions its decentralization the next. Does he tell us in advance what he has in mind or he prefers to take the initiative? I think his words and deeds are contradictory. Let's go back to the chart: A falling-wedge pattern is forming on the price chart. The formation of this pattern exactly after an uptrend indicates the continuation of the trend. The strong support level (composed of sma-200, ema-200, Fibonacci 0.618 and lower trend line of falling wedge pattern) is just below the price chart. Take a look at the CCI(Commodity Channel Index), which is at the same time at its support level. I can wait for more signs, but this time I prefer to buy aggressively 'in the dip'. Note that bearish bias will increase if the price falls below this support area. ====================================================================================== This is not a financial advice, it's just my perception of the market situation. I wish you good luck.
BITSTAMP:BTCUSDLong
by BobRivera990
Bitcoin - IMPORTANT Potential Buy Zones!💰I'm sure we all know about the BTC sell off that is currently ongoing. Firstly, don't stress! There is so much weight behind crypto with big corporations now involved. Here are potential areas you can get back into the market. We are currently testing 40k right now. If we slip through this level keep an eye on 30k as a potential buy zone! If we see a rejection of 40k on the day and a push up this might be the confirmation you need to get back into Bitcoin! Remember, trading cryptocurrencies carries high level of risk, so only risk money you can afford to lose!
COINBASE:BTCUSD
by Jal121
3
US 100 Overnight Liquidity LevelsLooking for the continuation higher today. Commodity prices are falling so their inflationary effect will be reducing - Fed is keeping rates unchanged for a long period of time. - US employment is way off from being 'full employment'. On the NDX chart, the gap up was filled after the retail traders chased price higher on the open. The second dip into the close looks like it got bought up , so ideally I would like to see a drawdown to yesterdays POC at 13111 on NQ and a target up to 13309 or maybe 13513 on the futures or 13319 to 13523 on the US100 chart.
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by TH_Analysis
4
QQQ holding last trend lineOBV divergence signaled a potential correction, as price were making higher highs, OBV was making a lower high. On the plus side, we are making higher lows since march lows. There is a resistance trend line that is still holding, and is now coincident with the 61.8% Fibonacci retracement line. A buy with a stop below the trend line has worked great the last 3 consecutive times it tested. If we do keep selling off, I expect the next place we could pause at the $298 level, just below the 200sma.
NASDAQ:QQQLong
by dorfmanmaster
Crypto Market crash over? BUY THE DIP!Yesterday evening, just as the crypto market day was coming to an end with some bullish momentum, an unexpected tweet from Elon Musk, CEO of Tesla and SpaceX, caused the crypto market to crash the hardest and fastest in the shortest time. This caught most investors off guard and many crypto traders have had a really bad day today. But what if I told you that I am actually closing today on a BULLISH note. My crypto portfolio has gained about 10% today. Now as hard as you think that might be or as lucky as you think I am, I am here to tell you that it really takes nothing much. I will explain it briefly but effectively below. The most important steps to gaining on any day and especially CRASHES are quiet simple, some of the most important steps are: - Diversifying your portfolio into many different crypto coins, but only coins that are known to be somewhat stable OR move in a correlation with Bitcoin. The variety of the coins you choose are up to you, but I have previously posted a few Alt coins that I trade. More to come soon! - If you are trading with or without specific budget, always make sure to keep enough extra cash to buy the dip. Buying the lows can actually help recover losses quicker and allows you to aim for higher profits overtime. - I personally believe that the following RULE is the Golden Rule and should never be broken. Most beginners do not have enough experience and do not know how to properly deal with profits. The most important thing a trader can do before investing is set a specific target they want to reach before starting. Speaking from experience, not having a specific target can ultimately make you hungrier for more, leaving you paralyzed and unable to hit the sell button, hungry for more. This can be disastrous as when the market quickly rises, a quick drop is inevitable, stay aware of your goals and follow them. - Do Not let FOMO eat you up, FOMO: Fear of missing out The very best traders always miss out on opportunities. It is very important to understand that you will not be able to grab 1% of all opportunities in the market. The most important thing to focus on is to make the most of the opportunities in life. I hope you found this helpful, a like would really be appreciated. I will not suggest following me because you should be intelligent enough to know that following me is the right choice. I post daily content on crypto and stocks !
COINBASE:ALGOUSDLong
by TraderThierry
2
BTC is making a double bottomHey everyone, welcome to a new market update. Please trade safely.. BTC is leading and can make unexpected moves at the moment. If BTC starts to get bullish, I will start to make updates about the altcoins. Sooo.. BTC is holding support around 48K. And we see something bullish. BTC is making an double bottom! A double bottom is a bullish reversal pattern, which is formed in a downtrend. As the the name suggests, the pattern consists of two bottoms, one after the other. As you can see BTC has made a double bottom on the 1H. If we reclaim 51500, we will be short term bullish. I expect that we will continue to 55K and then bounce back. I hope everyone has bought the dip! This is a healthy correction... Be fearful when others are greedy and be greedy when others are fearful... If you make the right moves in times like these, you will be rewarded! Follow me to stay updated so you can make the right moves in these times.
BITSTAMP:BTCUSD
by foebi
2
Bullish on DKNG(This is not financial advice) Hey everyone play on DKNG again here. Bullish on this stock for a few main reasons. I think this stock is very oversold along with many other stocks that have dipped during earnings. My main reasons for liking this play on this stock are as follows: - Dipped even after good earnings and great growth in sports betting - Oversold on RSI - Great Social Sentiment on the Stock - Good amount of volume moving in - 1.2 Risk vs Reward Not much TA really backing the trade laid out some good supports and resistance for taking profits. Let me know what you guys think with a like or comment. Be sure to follow as well. Thank you! - Vlaire
NASDAQ:DKNGLong
by vlaire
1
BYND Super Bullish BTFD I dont care where you sit on the climate change debate as one thing remains true and that is they want the world eating less meat and eating this synthetic stuff which will soon enough be in every fridge in the local supermarket . Farmers are under constant pressure to reduce Co2 levels etc and cows in this climate crazy world are harmful...In addition to that the major investor in this company is buying up farmland like its going out of fashion Ummm strange huh Point is we all know where it is going and right now BYND has completed its retrace and is without question screaming to be bought up so if you want this for the Long Long term so you can tell the grandkids how you made your millions 30 years from now then this is the opportunity for you . Alternatively if you want short- medium term swing trade to sell at first resistance test around 135/140 then this stock is a win win . With expansion into the European market place into thousands of retailers during this spring and the WEF claiming by 2030 that eating actual meat as we know it will become a rarity its well worth scaling into this one . Know your Invalidation and always use a stop loss Like and follow me for analysis and signals
NASDAQ:BYNDLong
by SJTRADESFUTURES
2