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Dips

BUYING DIPS AND EATING CHIPS (Btc-Usdt)Last night….saw some uptrend but held my bearish position since $39,967 previously…….thought they had us in the first half not gonna lie. Now I will continue to push for lower threshold, unless people wake up on Monday’s and decide to buy but let’s see how stocks perform. Historically the week starts off bearish for stocks and ends the week bullish. But the world is unpredictable as ever nowadays. Buy those dips and Eat those Chips! (Using Pionex trading bots) currently up +22%
Short
by Fabreezio
1
INTC - Provides Intel on the State of Affairs in MANUAfter a run ahead of EPS, the 46.07 ended up another Ghost in the ALGO Machine. EPS for Intel, another Disasater after FAB MANU ASML's ugliness, Lucky for ASML the Dippers were all too anxious to Bid it back up erasing 1/2 its losses from 805. Earnings Season has added more complexity to the Mix. NQ made a run for the top of the Range @ 15513/17 - only to unload to its Prior close by ZERO. It gave back all the gains on INTC... all of them. These are the challenges to EPS, volatile and setting up for the unseemly news from Chips. Today's Intel Dip buyers were dunked to the 52.50 Level on the DOM, the scene of prior High Crimes and Felonies. As Semi's continue to report, they will continue to reveal Q3 was indeed a disaster, lots of Fudge, no Walnuts. Today's EPS was TECH heavy, tomorrow is Freaky Friday - the most overused Day of the Week to Crush the VX Complex. With the 400 Ticks of CF ahead, it will, no doubt be challenging. Trade Safe, it is very dangerous at present. Timeframes are in Conflict, complete conflict. Weeks end will begin to resolve this when we see where the Weekly Candle closes. Last Week's close = 15134.50.
NASDAQ:INTC
by HK_L61
2
Bitcoin Out of Capitulation? Can we get back above 200 day MA.It wouldn't be cryptocurrency if we didn't have eye watering corrections like these. I guess this is the price we pay for having astronomical gains and cryptocurrency still being in its infancy stages as a market and technology. Its been blatantly clear that there has been a lot of institutional and whale buying during this market crash. I have a short term 1 hour channel of Bitcoins capitulation trend. We slightly broke out of the capitulation channel but we may re-test $35,000. Seems like we may have formed a double bottom but we'll see. We're trending back towards being over the 200 day moving average. These are good signs of recovery. A lot of other analyst are stating we're in a "dead cat bounce" and we may head towards the lower $20,000 levels. That's possible if we drop back below $30,000 but I see way more support and recognition above $30,000 than there is at the $20,000 level. Even if we did drop back to $20,000 most people would buy that up in a heart beat. This crash is driven by nothing more than fear and emotions because at the end of the day the fundamentals of Bitcoin remains the same. Just my opinions. Much peace, love, wealth, and health. And yes, I strengthened my family's Bitcoin and Ethereum positions this crash.
COINBASE:BTCUSDLong
by peacefuljustin
Tips For Buying DipsFirst of all, dips happen all the time. There are always pullbacks in price and they happen for various reasons. Here’s a checklist I quickly wrote down for myself. The chart here shows Square, mostly because it has been on an epic run! Congrats to those who have enjoyed it. I was once a proud owner of this name, but sold after it seemed to get a little "frothy." Feel free to share your thoughts in the comments after reading my tips for buying dips: 1. Always know why you’re buying now and not waiting patiently. Why is this the dip to buy and not another one? Take the time to do all the research you need. 2. You should do enough research to explain why now is the time to buy to anyone. And it should be understandable. Sometimes writing it down helps. Being able to explain it in a simple format is equally important. 3. Have a plan. Know where you will exit if it comes to that. Because that does happen. The old saying plan the trade before you make the trade. It's way too tempting to just rush in and buy without any regard for the necessary plan. 4. Sometimes a dip can turn into a correction or crash. Reminding yourself of this can slow down any impulsive actions. That's really the key here. Avoid impulsive buying. I have done this many times in my career and it has rarely ever worked well. 5. Find technical indicator that works well for you. Learn to love it. Study it. Understand why and what it does. It can be a handy tool to confirm your process or look for the conditions you want. On this chart I am having some fun with the open source script Moving Regression Prediction Bands . I like scripts like this because it's using statistical method to show price anomalies. 6. I also like using the Price Range tool to measure the percentage change in the dip. And compare it over time. I've listed three corrections on this chart. The key is to get a sense of where price has come from. Others might use fundamentals and wait for certain ratios to align, for example an attractive PE ratio or something like it. It’s up to you, but having a trusty tool can be of help. 7. Timing the markets is really hard. You can also view dips as a time to lower your cost basis in your favorite positions or as a potential way to swing trade. But once again, that's probably something you want to define *before* diving in. 8. The saying “Never risk money you can’t afford to lose” is especially true in dips and volatility. Additionally, if you are looking to buy a dip, there's no reason to buy all at once. Take your time. Wait... Wait... 9. Look at your account history and study your previous trades in similar times. Learn what's worked and what has not. 10. There are no easy answers to markets, but using the right tools and following some basic risk management principles can be of help. That's the key point to this post. Hope you found it interesting. They are a few rules I have in mind. Please feel to share your own in the comments. Or even better, publish your own idea. I will try to do this again as well. There are some other topics I look forward to adding to this post.
NYSE:SQ
by scheplick
12
BSV. Where is it going? Moon time or dip. I like trading Bsv. It’s different, maybe because I believe it’ll always go up. I think it’s gonna dip. for 3 reasons. 1:Double top. 2,:it’s a flag. 3rd: there’s a divergence between the two highs. I think it should drop Today or tomorrow. If it doesn’t drop in 48 hours, then I think I’m wrong. With my plans I like to give them a time, if it doesn’t meet then I reorganize my trading plan. I trade daily, I’m comfortable with daily fluctuations.
B
by JacobTrader100
1
Why this might be a good moment to buy some coinsA pullback has happened and so many read numbers have been recently appearing in our screens. Should I sell now? You may wonder. I don't want to lose more money. I've recently been educating myself on how to use Bollinger bands and the Stochastic indicator. I was a person who used to chase the hype and I used to buy when things were looking good, because it's so easy to believe you'll become rich if things continue going that way, isn't it? But you never know when the trend is going to reverse, or how long it's going to last. You may buy today and it may crash a minute later, who knows? But if you buy low, or where it's pulling back, and if you work under the basic assumption and premise that it'll go back up again (otherwise why invest in crypto if you don't believe in its potential to grow?), you know it'll reverse at some moment and you'll have the upper hand, because you'll be able to sell and get a profit when everyone's buying, pushing the prices up, and when everyone's so enthusiastic about the bubble they're making. Markets have to correct, just as there are seasons along the year and you sow during some weeks, you take care of the crops, and then it's harvest time, you don't sow, but you can finally reap the fruits. And then you start over again. And I'm writing because this might be a good time to buy some coins. A pullback has happened and the stochastic is in oversold territory. We're touching the lower Bollinger band, and from that point prices might bounce off. We're back to some past levels of support/resistance (orange horizontal lines). We're seeing some green, which may indicate that we've reached the bottom from now. But it hasn't recovered much, so it might not be too late for a soon entrance (maybe yesterday was a better day to enter because prices were a bit lower, but it's not still too late). And even if it goes down, we can hodl and buy the next dip, but at least we'll have this point as one of our dips. A point from which we'll be able to sell and get some benefits when the market goes up again, because it will. PS: Even if I'm using the daily BTCUSD chart, this is happening with most coins, such as BAT, ETH or ADA. I use this chart for convenience.
COINBASE:BTCUSD
by UnknownUnicorn5586743