Buythedip
BTC/USDT Buy The DipBitcoin is trending down within this ascending broadening wedge pattern. A bounce from support is imminent. A violation of support will be catastrophic. The range to start laddering buys is from 54,000 to 50,000. This will see the most buy action. Currently RSI is trending near oversold and Will is also due for a bounce. Not too long from now we can see a reversal. Be prepared.
BTC - trying to flip 58-59k resistance to supportIt's weekend and usually we don't see any significant price action during it.
BTC is currently oversold and we could expect some bounce back to retest breakout point.
This structure is reminiscent of last distribution before big dump to 30k (maybe it's not coincidence).
At this point I see BTC next week at 62-63k level to retest break down zone.
Too many longs are liquidated, it's to early for big upside action. 2w consolidation or even another leg down to 50-52k (wick even lower under 50k wouldn't surprise me). Take a look at last BTC distribution before big dump to 30k. It is very similar to current situation. Don't get to bullish and FOMO until we reclaim 66k level.
BTC long/short ratio is still too high (dumped to 20:1, now it is 30:1). I believe whales would like to reduce it under 10:1 to load up and clean all others.
I will risk 20-30% of portfolio at 62-63k levels and sell in hopes of another leg down to load up even more for next bullish targets.
That's why I might have to buy at higher levels but I'm ready to risk. You should DYOR and decide for yourself.
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Bloktopia update.. things are looking very bullish.Blok next stop 0.1164 the 13.2 if we can break above that level, we will shout straight back up to 0.17 cents. There is also a possibility that we will see a slight back between 94.3 and 95.8 in the short term. Any drops below these levels are good buying zones.
Buy next stop 0.00900 after last correct a possibility?Buy is looking very bullish after the correction
Just a idea not financial Advice
BUY THE DIP ever heard of v shape recovery? after five Eliot waves up if we don't get an a-b-c correction, we then have v-shaped recovery. YEAH BIT**
Network18 - 10 year breakout - long setup10 year high break with huge volume makes this chart very interesting
Price on weekly is still a Bollinger band blast and on daily is close to its 20 Day moving average. Look to addd positions on dips as the Risk reward looks great, a price target above 120 in the first leg and the road upwards is unbarred
I would look to buy the dip!
Great chart set up !
All of this is educational content
OIL looking for potential correction?Not typical, long & stable upward trend on the daily chart has been going on for a while.
Hard to predict when the price will correct downward, but it is likely that it will happen, sooner or later.
What do you think about oil? Will the trend continue?
Old saying in trading, "trend is your friend" probably works also this time. When the price corrects down, I would buy!
BBIG Vinco Ventures down in the Pre-Market! Buy the dip?Vinco Ventures (BBIG) shares are down because its CEO and CFO resigned.
But the fundamentals are still there to see it aim higher!
BBIG aquired Lomotif Private Limited.
Lomotif, TikTok`s rival, is one of the top short form video platforms in the world with hundreds of millions of installs around the world and tens of millions of monthly users and over 31 million on-platform monthly active users.
Buying this stock could be like getting into TikTok early.
Third-party independent valuation shows the combined companies have a valuation over $5 billion as of June 30 according to recent private financing comparable valuation by Gemini Valuation Services.
Based on the Fibonacci extension tool, i see a 11.36usd price target short term and 500% upside one year term.
DASH CHART ANALYSISDASH is in a good place, I expect a breakout next week.
As we can see we have a strong trend so we need to wait for the trend and resistance breakout then we can buy dash and hodl a few days/weeks.
We also have 3 moving averages : 200ma - 50ma - 20ma and as we can see in the chart the 20ma crossed 200ma 5 days ago and the 50ma is closing in.
I expect the 50ma to cross the 200ma next week, so if you want, you can wait until moving average confirmation to buy.
I believe this is a good opportunity to hold a few weeks.
RISE TO THE TOPADA is on an overall uptrend when you look at it on a higher timeframe. Pipe information on the 2hr chart shows that buying pressure is coming soon. The next pump of Shiba inu will allow some momentum from this as well to follow. Many people believe in ADA. $71,664,998,419 market cap.
2.268 buy area after price passes recent supply