Dip
45 days to Bitcoin HalvingHello everyone,
COVID-19 affected all the markets. Cryptocurrencies faced huge and relentless sell off. SPX and Bitcoin correlation is very high due to virus problem. Because of this reason, you should be very careful. Bitcoin is at very critical level. I am expecting to see Bitcoin's next week low at 5300-5500. Market is not suitable to use leverage because of Corona Virus.
Do your own research, always manage risks and do not forget to press "LIKE" button for more trading ideas👍🏻
Regards,
Lord Cryptorel
Pharma ETF - bull divergence!As the PPH dropped 15% below the 200sma, OBV barely moved lower compared to the drop. (Between purple vertical lines). This is considered a Bullish Divergence .
Now with a strong pullback, we are half way to reach past highs; but this time with an OBV we have not yet seen since Feb, 2018.
Ready to buy the dip!
Not much defending Bitcoin's price beside hopeful bullsFor a bounce out of this hole BTC finds itself in, it will need to rest on a stronger support. A further dip before it rises back to previous high levels is the reasonable expectation. But crypto isn't reasonable. Don't count on it.
Not financial advice. Lose money by your own ideas, not mine.
Dip opportunity due to Apple warning on revenue guidance Apple just warned on revenue guidance for 2nd qtr 2020. They warned they will miss the revenue due to coronavirus.
No doubt tomorrow, we will see a drop.
Level 1: It will drop to $307 to $310 range
Level 2: it will drop to $295 to $298 range
Level 3: it will drop to $280 to $290 range
Based on what happened January 2nd 2019, it dropped about 9%, which would bring current price to around $296 range (level 2 drop).
But what we have seen many times with Apple, is that after the drop, the next day is a nice recovery.
Wait until end of the day to possible bottom out.
Fibo confirms.I checked all latest retraces,
the most common values is 0.5-0.618.
We are almost touching 0.618 of the shortest
fibo grid, and already passed the 0.318 and 0.5
values of two other possible perspectives' grids.
Confirming that the possible bottom is,
possibly, closing right now)
Buy this dip) While you still can!
Cable - One Last HurrahCable longer term chart:
One last Sterling hurrah before weakness or a sustained push back towards 1.40? Cable has weakened in the majority of the previous elections. But don’t let this fool you. The last comparative election result (a Tory majority) was back in 2015 and Sterling strengthened.
XRP / BTC Potential reversal coming! What's up Cryptoland? (coolest people on the entire planet)
I have been doing som fractal comparing.
I see some similarities between 2018 Bitcoin and XRP's current state of affairs.
I totally expect another dip toward 12 cents (fueling the capitulation similar to when Bitcoin went to 3.2k)
I will be watching for it to making an accumulation pattern and higher low higher high pattern ( Just like bitcoin did) and buy when I see strength coming back.
The pure fear in this market should produce some nice profits!
(THIS IS NOT A EXACT MAP OF WHAT WILL HAPPEN BUT RATHER A POTENTIAL TRADING PLAN FOR FUTURE PRICE ACTION)
- Stay profitable out there.
- Dalin
$AMTD Goes Commision Free, Buy Before they doAfter Charles Schwab came out to go commission free, TD Ameritrade ( $AMTD) sent out the news that night (Tuesday Oct. 1)
The commission free trading starts on October 3rd but I think it is time to get in prior to that and let all the users save their $6.95 and buy in on Thursday.
This drop was huge- between 25-30% from not too long ago.
Set up your Stop/Loss to ensure safety.
*Note- this is a weekly chart.
I'm in the futureWith the fibo, we can to draw of the beautiful thing.
According to fibo, and the past, we should bounce back in the current area, and the next ath is around 200kand the next dip is 35k the moment to long with a rebound to 140k... And with the current aera to 90k...
This is just my prediction, i'm not god. but i would love well
BTC to 11,050BTC hasn't been able to break through resistance at 12k after 3 solid attempts. Movements are a bit chaotic, but attempting to visualize the different support and resistance levels I came up with a vague support line. If its right BTC may touch around 11,060-ish again before moving towards 12k again. Lets see what happens.
Bitcoin is bleeding a bit to hard.Okay ... The whole year has been pretty much around green candles, no dips and no pain. Somewhere around 400% profit. Right... That is really good. But life and the market's aren't that easy. Way too much confidence is in the air. Alarm Bells sound. I'm still a bull at heart, and what i'm looking for is a good entry. Too many traders are comfortable in their long's and the market is most likely going to challenge them.
I have some buy the dip targets here and i believe they are going to happen. Can be wrong and don't get that low, but if they come i'll take the chance.
Bitcoin & Gold - WILL BTC FOLLOW THIS FRACTAL TO NEW ATHS?As we all know Bitcoin has seen a very nice recovery off the 2018 lows! -
But now many are wondering how much of this upward movement can last..
Are you on the curiosity train? I know I am :D
Did you miss buying the dips at 3k?
I see this dip as a opportunity for bulls to add on.. this move just started when 3 wave targets are new ATH's.
Gold has had a very similar cycle to Bitcoin in the past & we can compare fractals to get a better understanding of the charts.
If bitcoin does get back above 14k here then Altcoins will see some new money come in.. because new money would be going into bitcoin
new money = more dumb money ready to fomo...
Lots of profits coming for the people willing to play this! remember scared money doesn't make money.. take some calculated risk
As always stay profitable out there.
-Dalin Anderson
NPXS - The hidden gem!Super nice for investing and swing trading.
Buy in the 2-3 zone
Targets:
11
15
20 (MOON)
Stop loss 2
Note: You can also buy it when we had a confirmed break above 7
TL: 21 Jul 28 Sep