Buythedip
Zil about to break out; 73% potential gains from current entry.Checklist:
Higher high: check
Increasing volume: check
RSI bounce off support: check
MACD about to cross to the upside: check
Breakout from triangle is near, enter now with a 5%-10% SL as the current daily candle hasn't closed to confirm the HH, or wait for the breakout and retest for maximum safeness.
TP 1: 25%-50% at 0.12
TP 2: 25%-50% at 0.16
Buy the dips with profits.
PINS limit buys.I love PINS and want to buy more shares on the dip. Since PINS had such a huge run, I don't have many support/ resistance lines to use as a reference. I'm looking at the fibonacci and EMA's to establish my limit buys. You can see the 50EMA crossing the 0.786 fib and 100EMA crossing the 0.618 fib. The last dip buy is the top part of the gap. I hope it never gets there but in the case.. I'm buying.
Enjoy.
Possible Buy the Dip - Decreasing Volume and Decreasing PriceWhile i'm unsure where I want to enter, I want to note that BB for the past two days has decreased in price while decreasing in volume. This could be a great zone to buy the dip. Personally I'm looking for a volume shelf to form possibly near 12.5.
Fundamentally people are just realizing that BB is a software company these days, occupying key niches of the market.
Short term bearish scalp idea ($33,000) Buy the dip (Bitcoin)Good morning traders,
Elon musk put Bitcoin in his bio on twitter and within 45 minutes we pumped $6000.
I'm targeting $34,500 and that's exactly where I'll be buying the dip going into Monday as long as this descending triangle holds and he make higher lows going into next week.
$29,200 may have been the bottom and could be why it got bought up so fast.....these big institutions wanted cheap bitcoin and we're literally seeing financial revolution. Elon musk said shorting markets should be illegal and i'm sure this is him and his massive ego making a statement that he is the most powerful man in the world and he can do whatever he wants.....this is now elon musks playground.....get ready for an absolutely insane month of February.....
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Bullish breakout confirmed (buy ALL dips) FEBRUARY WE MOON (BTC)Good morning traders,
We just confirmed a breakout, and any retest inside the descending triangle is a solid buy to me.
Yes over the weekend we may see sideways or little dumps to scare retail away but I'm 110% sure in February we'll be printing new all time highs and make our way to $50,000 and then $100,000 in coming months.
Buckle up boys, 2021 is about to be a movie!
From now on, any short position I ever get into will only be for a quick scalp in and out with a specified target.
My previous bearish posts have all been invalidated and as you know a few posts ago I suggested we could have seen the biggest fake out in bitcoin history and that's exactly what I think has occurred now that this move happened.
$32,500 - $34,500 would all be good buys and just be prepared for traps to be set in place over the weekend.
I'll never fall for any bearish tricks again, this is a bull run and we're nowhere near the top.
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BTCUSDT Potential direction (Estimate next peak in April)My very novice TA.
I suspected that 42k (8th Jan) was the peak of that cycle & it would dip from there probably to 28-25k over a week or so, say by the 18th feb. That process held off for about a week but is now in full swing. I estimate that it could go to as low as 22 & then pop back up, & follow more or less within the range (Yellow plot), more or less a in fluctuating sideways direction, then gradually start coming back up again. With the next peak sometime in April, probably not drastically higher, but probably about 47k to 52k.
Just an idea, not financial advice. I am short-term bearish as the December wave was far too frothy & clearly broke at 42k, and now that wave is still coming down, getting ready for the next set. If I look at the fib circles & sine waves, or atleast just visually with my very basic understanding, & then look at the MACD, there is still some more room to come down before it plateaus out. Then as I say I think it will go sideways, then gradually back up. There's so much institutional investment money pumped into it, but in every cycle, there's a dip, as sell orders get triggered & people cash out, before buy orders get triggered & people buy more.
So that's my very novice TA.. Definitely not financial advice, I'm a construction worker, not a financial analyst lol. Just an idea & trying to see if i can map out the potential direction moving forward. Give it a like or some constructive criticism if you like. Look after yourselves, & buy the dip.. Peace :)
BTCUSDT - BUYTHEDIPFollowing up on my previous publication, a correct forecast is evident with these fractals. The magnitude of the previous rally was a bit higher than I expected, but in essence, the EMA 14 curve follows the curvature forecast. Due to this I update my arrival forecast to 28k as a critical point at the end of March 2021.
RSI also follows the pattern of normal times, as long as it does not fall below 55, we are still in a bull market.
#BUYTHEDIP
Promising Project Bad Timing To start this chart looks great, looks...
There are currently 46.6M coins in the circulating supply.
Starting tomorrow ~2 hours from now the remaining ~442M coins will be unlocked and distributed to SAFT Investors, Validators and Founders.
(The Solana team likes to say they are transparent, but information given here: solana.com is severly lacking)
A large portion of these coins will locked from trading for the upwards of two year, needless to say the coin supply will still be diluted starting tomorrow.
I personally will be entering a large position, after the market crashes, laddering into my position.
(I'm already in a small position presuming I've interpreted their transparency report incorrectly)
Good Luck and Safe Trading.
BITCOIN CRASH TODAY?? - Bearish setupHey there,
Please support this idea with your likes, follow me and
comment down below what you think.
Read the text on my chart for more information.
Bitcoin has heavy resistance around the 30k level and
eventhough I would normally not go short in a bull market,
I initiated a short position.
Risk to reward is just too good for shorting up here.
I WILL BUY THE DIP THOUGH!.
20k is final imo. Think we can bounce already in the 21-22k level!
Cheers,
Konrad
Buying All the DipsKraft Heinz chart screaming "buy our dips" !
This Buffet darling has taken a serious beating since inception, crashing as low as -80% off the all time high. Buying after an 80% crash is generally the right time to begin accumulating an asset if you believe it has long term potential. Evidence of accumulation is also bolstered by the clean H&S bottom forming with lots of volume being traded down at these levels, as evidenced by the volume profile visual range.
Other bullish developments include the 200 dma flattening and beginning to slope up for the first time since the multiyear downtrend began. Additionally, if we invert the chart, we see an incredibly clean topping pattern that is just begging to crash lower and fill the gap.
For these reasons I'm long looking for the gap fill and a move to the .382 fib of entire chart range. I took a position in some relatively cheap long calls, will update this post before they expire. Happy trading!
Ethereum headed down to $400-$500. Buying opportunities ahead.We've hit a weekly timeframe support level which price seems to be have a hard time going though. Dropping down to the 1-hour chart I've drawn in several tools to help determine best for my next course of action and that's to wait for ETH can reach the $400-$500 again so I can buy up.
Price since hitting the weekly resistance zone has present price reaction in a bearish patter as you can see within the channel in purple I've drawn in. Steam seems to be running out so I anticipate a quick drop down into my demand zone and then possibly moving back up from there.
I would love to hear your thoughts guys on this and let me know if I could add anything. Much love and peace to all of you.
VET Correction: The Bearish Gift That Keeps GivingMy Fellow Crypto Traders,
Appreciate you taking the time to view my analysis which I hope you may find beneficial. Please be sure to “LIKE” if you indeed find my analysis useful and/or find my analysis intriguing.
Cheers & Happy Trading!
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ANALYSIS:
The entire market is entering a phase of correction. However, VET could a solid BTFD swing trade as it has formed a parallel trading channel and has hit the lower wall. As VET keeps solving real-world problems with blockchain tech, thus broadening the possibility of top tier partnerships.
$BTC / USD 4H "Can chop longer than you can stay sane" ~$18K dip$BTC / USD 4H Chart
- no indicators
- support levels in green
- resistance levels in red
Bitcoin pushing a breakout of the historic $20K all time high. No need to fight the clear trend here, but try to avoid getting chopped up. I think there is potential for Bitcoin to range around $18K (white box on chart) for a little while before retesting the top of the channel. Chop trading plan - buy the dip around lower $18Ks, ideally play the ATH breakout with a retest of around $20K and then the real fun begins.
Yes, it is actually the start of the bull!Hello traders,
hello hodlers,
my last chart analysis got the title:
"Finally the end of the bear, start of the bull?"
And now, we can say for sure - it is the start of something big! :)
But, don´t get me wrong... Even in this bull market, which easy can take 12 - 18 month from now, we will see major rejections and downswings of 30 or even 40%.
Those times will be perfect to re-enter, if you want to.
The next few weeks, what i see in the chart and market sentiment:
- we are a little over extended, look at the RSI
- we are currently 38% above the 21 week EMA
- we are near the old ATH, just a few more percent (around 15%)
- we changed the massive resistance level of 14k to support - which is enormes good!
Iám not a trader, but if i had to choose the next good point to sell, i would wait until the weekly resistance of the ATH (red dotted).
And after that, i would buy at the next 21 week ema (yellow line, always rising) touch. This could be around 13,800 USD depending on how long it will take, until we see the next down move.
But yeah ... "buy the dip" :)
I´am will only buy. I will not sell, just for the simple reason, that there is no guarantee for a cheap re-entry.
I will not risk my position!
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This is no financial advice, iám not your financial advisor. Only my opinion, my thoughts.
Take your own risks, on your own choices.