Long-term-bullish
AMAZON LONG WITH THE MARKETAmazon yesterday closed above 50DMA that means the stock price is going up but it has to break out at this level above 3220 for next strong upmove with factors such as PRIME day and Earnings coming up. With such a strong previous earnings and most probably q3 earnings will also be above the roof with ongoing pandemic and increased online footprint.
With few factors in mind you can play amazon:
1) PRIME DAY & EARNINGS TARGET 3300/3450
2) COVID VACCINE AND MEDICINE WILL BOOST ENTIRE MARKET. TARGET 3600
3) ELECTION NEWS WILL MAKE IT VOLATILE BUT IF HOLDS 3250 POST ER CAN SEE UPSIDE
4) LAST, AMAZON SPLIT NEWS. CAN TAKE IT TO EASY 4000.
XRP build a massive LongHello Traders,
we are in the buy Zone of XRP. The chart build a massive Triangle and will explode upwards after a time of accumulation. So we can looking for long entries, my Favorite Long entry is between. 0.225 and 0.23. My Tp is really Far in the Ionosphee of XRP. So this is a Long term Trade
Spot Silver Weekly Chart: Very Long term BullishSpot Silver , current price $23.72. comparison with 2011 trend when at all time high and where we are heading in long terms , direction for long term is clear , we are in super bull market , wherein we should keep buying silver on any major retracment or I may say buy on dips to see we reaching first all time high of $49.81. and then probably seeing all time high of $55. the time horizon for this should be from here to next 3-5 years.The above study is for educational purposes and should not be considered as Financial Advice
XAUUSD Monthly - Long Term OutlookUsing all the price action we have on gold we are at the peak of a bullish channel that goes all the way back to the beginning of PA.
Should we continue to see bearish price action whilst trump props up the $ for re-election it would make sense for this scenario to occur.
This would cause everyone to have a huge sell off on all markets, I think.
We would then see a true rise in price unlike before which would also be the 5th wave on the 6 Month chart, which is historically the biggest and fastest move in the ideal direction (bullish).
Hopefully, we see some great PA around Oct - Nov, which would cause this scenario to play out.
Monthly close in 3 days, this would be a great time to trade Gold, with NFP soon this would make sense to push gold/crypto markets lower.
Will post lower time frame ideas and set-ups, looking to take some intraday trades on this pair this week ✌
SXPBTC - In the buy zone, do we buy?SXP is the coin of Swipe: a multi-asset digital wallet and Visa debit card platform that allows users to buy, sell, convert and spend cryptocurrencies. Basically, a crypto credit card. Yes... another one.
Tired eyes, y'all get the dark chart.
Back in July, Binance acquired Swipe, “To achieve our mission of making crypto more accessible to the masses". A noble goal!
I believe the company still operates independantly, managing their day to do operations and what not; but they are working with Binance as "partners" apparently. Where one owns the other.
You can also yield farm with it, taking a bit of the risk out of hodling them.
But enough boring history. Let's draw some lines on a SXPBTC 4h chart.
We had our ATH back in August, just before the BTC spike. Since then, solid downward channel.
We can take the spike out and see a little tighter, little more sideways of a channel. Still downward.
We are in the historical support, by a large margin. Smashed right through it so far, with a pretty lackluster bounce today. However it is a bounce.
EMA 100 long since abandoned, was a major support before.
MACD is on a slight reversal with some tiny greens sprouting up. decent cross with an upward trajectory but still in unhealthy territory with room to grow.
Stoch is mean looking, overbought with a bad cross at the top.
BUYING IN?
Things were taking off today! SXP was not so much - we had some growth but nothing to write home about.
Wait to see which way we head right now, likely to get a retest of the recent support and if that fails we'll be seeing the gutter down in the next buy zone. You don't need those losses right now.
Conversely, if we see a solid breakout from the upper yellow dotted trend line , might just be game on.
Or spread your buy out over time. Things have been quiet, too quiet...
TP : (based off previous resistance and hit fib levels.
#1- .000150
#2- .000200
#3- .000278
#4- Longer term, I can see previous ATH, but you'll be waiting.
SL: If you're buying the retest I'd set a stop loss fairly tight, 10-15%. If you're okay with yield farming for a bit or planning on DCA'ing, disregard!
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"there is nothing outside of yourself that can ever enable you to get better, stronger, richer, quicker, or smarter. Everything is within. Everything exists. Seek nothing outside of yourself." - Miyamoto Musashi
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I'm a guy that you don't know posting his ideas on the internet for the sake of improving as a human being. If you take this as financial advice, that's on you.
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Possible long pennant setup!HI, there is a pennant pattern and a possible long setup.
I'm not sure on the RSI indicator, but the STOCH RSI is low, maybe this could be a good buy opportunity.
Reuturn on TP: 120%
loss on SL: 40%
this could be evaluated also as a long-term investment.
Tell me what you think.
EURNZD STILL OPEN... 1:16RR... HOLD YOUR WINNERS!Still holding this... one of the more longer term trades we still have open but we continue to hold... This trade has now been running for 31 days, running over 600 pips in profit at a Risk to Reward of 1:16!!!
What is our strategy?
Our strategy is a trend following strategy - that is coded in pine script to use with the trading view platform - the entries are shown automatically! NOTHING is done manually, it can be used on any instrument and time frame. However, we have hard coded specific parameters for when trading the H1 time frame, so we can back up over 4200 previous trades to confirm our edge from previous data. This gives us confidence in execution and belief in our trading strategy for the long term.
The strategy simply sits in your trading view, so you will see exactly what we see - the trade, entry price, SL and multiple TPs (although we hold until opposite trade as this is the most profitable longer term plan), lot size, etc.
This could be on your phone trading view app, or laptop of course.
The hard work is done, so we have zero chart work time, no analysis, no time front of the chart doing technical analysis - technical analysis is very subjective - you may see different things at different times - how do you have a rigid trading plan on a H&S shoulder pattern? Your daily routine, diet, sleep, exercise can affect what you 'see' and your decision making, this doesn't happen when a strategy is coded like this; what we do have is a mechanical trading strategy...
What does this mean?
It means, we are very clear on our entry and our exit and use strict risk management (this is built in - put in your account size, set your risk in % or fixed amount and it will tell you what lot size to trade!) so we have no ego with our position and we are comfortable with all outcomes - its simply just another trade. This free's our mindset from worry and anxiety as we take confidence from knowing our edge is there and also that we have used sensible risk management.
The strategy itself can be used as a live trading journal too!
DONT SLEEP ON ADA (CARDANO) !!!!
If your a long term holder Just sit back and chill man...
For Active traders Seeing a decrease in Volume for ADA on both the 15m chart and Hour chart looks like its setting up for a quick lift off...
i like to try and update in many different Alt coins and bitcoin occasionally
cardano should be nearing the 60 soon on the 15m RSI take your gains as you get them my friends keep a nice moon bag for the future though... stack and chill
2 KEY AREAS TO WATCH OUT FOR2 KEY AREAS CIRCLED = POINTS OF ENTRY
Here are 4 ideas for direction in the EURAUD.
I'm personally long for the EURAUD. This is a clear direction due to the ascending trend on the weekly timeframe.
Break above 1.655 = target area 1.665.
Price respects ascending support at 1.645 = next target area of 1.655 - 1.665.
Any alternative to these predictions is displayed through the red arrows.
Bank of America, possible long positionAfter spending some time watching the chart there are some things that I would like to highlight:
First of all the last candle stays in a crucial zone which is a resistance line. Besides, this candle is above the moving average (150) which could be a long signal and if we follow the analysis the fibonacci retracement lines (150) show us that the current price is below the 0.5 line.
I think that all of this could result in a long position.
I've also seen the fundamentals showing a "normal" P/E ratio and a PEG below the median of the banking industry (1.80 vs 2.20 approximately). Apart from this the stock has a price to book below one which could mean that the stock is quite undervalued.
So, that's my recommendation, hope you like it! Every comment or suggestion is always welcome.
Neo LONG 4D Chart Bullish Cycle Hello Viewers .
As we have seen some tremendous Breakouts from many of the coins in this Bull Market Phase. Neo is ready to generate its new cycle pretty soon as the chart depicts that the Price action has been supported by the 20 EMA, 50&100 Ma, and now testing the 200 MA as dynamic resistance/support.
If we see S/R flip on the 200MA and therefore penetrating the 2 Years Main Trend Line, we can assume a Breakout eventually to about Levels marked as Potential Zones on the chart.
Losing the 200MA we can figure some more consolidation between tht MAs.
Triple Bottom can also be detected on the LTF.
Enjoy!
Stay Tuned!
SPR has Massive Upside for Long-Term InvestorsThe support levels (~19.00 and ~17.00) for SPR have been tested on many occasions. This beaten-up stock has very little downside at current levels. The dismal outlook of the aerospace industry has already been priced in. SPR has a partnership with Virgin Hyperloop to manufacture infrastructure needed to build the next generation of high-speed rails. For a company trading at book value and potential for huge growth (with the rebounding aerospace industry, defense industry tailwinds, and a revolutionary rail system), investing in SPR could bring massive returns for long-term investors with patience.
BTC - Long Term Update 1
This is the opinion for loooooong term period.
There is the top price level of btc.
Dont wait for 7000$ entering shorts from here. If the price brakes red rising line then we all in for shorts.
Bullish time confirmation; when the price brakes the 10350 $ level. But i belive in btc so i am going long :)
Good Luck. :)
NIO UPDATE STILL LOOKING GOOD.as noted on my last post I grab some share at 13 my first middle "golden zone" when it drop down to 10ish I loaded some more.
and if it drop down to 7 best believe I'm load even more. WHY?!?!?!?!?!?! well read below.
I still firmly believe in this company as a whole. especially when you add the pollutions problem in china, plus the ccp dump close to 1 billion dollar to back the company. a lot of time more often then not the government wouldn't want to let a company fail when they put 1 billion TAX PAYER MONEY as subsidiary. then add on populationssssss of people in china it dwarf the rest of the world. people also been thinking a lot "GREENER" not just in china but as a whole world. EV BEEN ON THE RISE by 50%more in china then the rest of the world. oh and add on the fact that people tend to support product made in their own country witch leads back to the amount of sell that would boom just in china alone due to how many peoples their is in china. they just did 50000th car not too long a go that's pretty good considering the car company is still in its infancy stages
also a side note this company also focus on tech that they make and sublease to other company so its not just a car company so don't forget that.
I can go on but I think you get the point.
the down side
sure the company balance sheet isn't as "PURRRFECT" as a lot of investors would like it to be. still its been showing a lot of growth over the pass year as a company.
just look at how long Tesla took to turn profit in the beginning Tesla was trading at 20ish for quite a few years then pop pop pop pop pop to new higher high
so what if you got in at a high price is still noting when looking at the big picture of how thing will turn out in the future.
potential. 10-100x return in 1-5 years. well worth the investment in my eyes for a growth stock. NYSE:NIO