BTCOk I have good news and I have bad news.
Crash below $30k now seems unlikely and more likely back up to $50k plus $BTC. Thats the good news. Bad news is that #Altseason2021 is done for now $BTC is going to take all $$
$BTC about to start that parabolic thing again, no more bears allowed they must be murdered & left for dead on the bloody street.
Buythedip
RBLX Strong Growth Potential - Roblox I am Familiar with this company as all my children play or use some game on the
Roblox Network . Upon having to submit my debit card info to the kids to top up on some power they need
in game or to reach a new level I can say that Roblox have captured there market very well .The Kids to Play and the Adults to Pay .
With better than expected results on the last earnings and the current picture on world affairs I can see a strong argument for growth in this sector .
This is a newly listed company and as drawn on the chart we are trading within a Ascending Channel and are currently testing the top of the channel.
We may break out of the channel but I expect to back test support which sits at the point of control and a FIB .618 pull for additional confluence.
This will be a great Buy opportunity when it presents itself , in the meantime set an alert close to this region and be prepared to pull the trigger for a stock that
has Strong growth potential .
Ensure you know your Invalidation and use a SL , any questions then please ask , Drop me a LIKE and FOLLOW for regular Setups.
Head & Shoulders formed, will be watching closely to buy - Big Head and shoulders formed, short term bearish but I personally will definitely be watching closely for longer-term buying opportunities
- Strong support at the $3600 level, if broken look for bearish continuation until buyers step in
- Bearish divergence on the RSI
BITCOIN FOR SALE. GET TF IN!! BUY IT UPThis is my analysis of bitcoin. this is an opportunity in my eyes. it has completed the 4th wave and we are in the beginning of wave 5. in NOOB language. buy the dip. the dip is done. so buy it now. each box is a level. i advice to take profits at each level or you could take profit at each fib level to be even more safe.
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
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.
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This is not a financial advice, it's just my perception of the market situation.
I wish you good luck.
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!
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.
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.
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 !
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.