Bullish on PayPalNarrowed down my entry with Paypal.
After multi-timeframe analysis, I'm looking to hold this bad boy.
Exit as you wish, I mentioned some key levels in the vid.
Enjoy the background noise from my mom and my mother in-law in the background 😂 They're whippin up some breakfast before we go out to explore El Salvador
Paypal
PayPal Holdings (PYPL): Will $55.77 Hold?At the request of one of our members, we're taking a closer look at PayPal Holdings, which we haven't reviewed for a while. PayPal is currently in a sideways movement, respecting the top of Wave ((ii)) at $68.21. Although there was a wick above this level, no significant breakthrough has occurred.
We have developed a bearish divergence with the RSI, indicating potential downward pressure. While still within this range, we expect the price to eventually sell off towards the Point of Control and the 78-88.2% Fibonacci retracement levels, potentially completing Wave ((ii)).
It is crucial that the price does not fall below the range low of $55.77. If it does, we could see levels around $50 to $52. As long as the price remains above $55.77, we are considering this range for potential entry points.
Trade Like A Sniper - Episode 22 - PYPL - (7th June 2024)This video is part of a video series where I backtest a specific asset using the TradingView Replay function, and perform a top-down analysis using ICT's Concepts in order to frame ONE high-probability setup. I choose a random point of time to replay, and begin to work my way down the timeframes. Trading like a sniper is not about entries with no drawdown. It is about careful planning, discipline, and taking your shot at the right time in the best of conditions.
A couple of things to note:
- I cannot see news events.
- I cannot change timeframes without affecting my bias due to higher-timeframe candles revealing its entire range.
- I cannot go to a very low timeframe due to the limit in amount of replayed candlesticks
In this session I will be analyzing PayPal (PYPL), starting from the 6-Month chart.
SOLUSD: Snapping Back to $210 | 70.70% Probability!BINANCE:SOLUSD has been drawing a lot of attention in the crypto space in the past few days due to its integration with NASDAQ:PYPL
Let's have a technical analysis breakdown:
BINANCE:SOLUSD According to my Free Probability Indicator , There's a 70.00% chance it could climb back over $210 and beyond, which is pretty much encouraging!
If you're thinking about trading LINK, here's what you should consider:
Entry:
Wait for clear signs that the price is going up again.
Once you're confident the trend is changing, consider buying LINK.
I'm currently looking at the 8H Equilibrium to get positioned.
Exit:
To protect yourself from drawdowns, consider setting a "trailing stop-loss." This will automatically trigger a sell order if the price starts dropping again after you buy, securing your running profits.
Risk Management:
Ensure you're not risking more money than you can afford to lose.
Only invest what you're comfortable with and consider how much you're willing to lose if things don't go as planned.
This isn't financial advice, just some insights to help you make informed decisions. Always do your own research before investing in anything.
Nice entry point for PYPL Paypal - Long termPayPal was bearish since Sep 2021 till Oct 2023 (2 full years).
It seems like it has hit the bottom at $50 area, and now making a bullish trend (higher low, higher high).
It broke the down trend line from Aug 2022, and currently making a confirmation.
$63 price at the beginning of June 2024 is a good entry point for the long run with relatively short stop-loss (less than 5%)
Target points are as below:
6 months : +21%
1 year later : +48%
1.5 years later : +84%
2.5 years later : +175%
4 years later : +359%
So, we can check with PayPal every 0.5 year (6 months).
GL
PayPal USD (PYUSD) Goes Live On SolanaPayPal USD ( SEED_DONKEYDAN_MARKET_CAP:PYUSD ) has gone live on the Solana blockchain, marking a significant expansion beyond the Ethereum ecosystem. This collaboration between PayPal and Solana ( CRYPTOCAP:SOL ) offers millions of users guaranteed access to the token with guaranteed speed. The integration allows PayPal to leverage Solana ( CRYPTOCAP:SOL ) and the token extension to serve over 30 million merchants globally while offering transactions at a lower cost. This marks a milestone for USD-pegged stablecoin as it is its first move beyond the Ethereum ecosystem.
PYUSD is also expanding its utilization as a payment method for small and daily purchases. PayPal USD has found new ways to evolve in a bid to compete with dominant alternatives like Tether ( CRYPTOCAP:USDT ) and USD Coin ( CRYPTOCAP:USDC ). Xoom, PayPal's cross-border money transfer service, recently launched a new funding option that allows U.S. users to finance international transfers using PYUSD. Users are exempt from paying transaction fees when using PayPal USD to fund eligible transfers to recipients in over 160 countries.
Solana's speed and low cost may impact the PYUSD market outlook positively. Over time, Solana ( CRYPTOCAP:SOL ) known to process over 5,000 transactions per second, costing only about $0.0025. Compared to Ethereum's 15 transactions per second with higher fees, Solana offers significantly cheaper fees. PayPal's senior vice president of blockchain, Jose Fernandez da Ponte, stated that making PYUSD available on the Solana Blockchain furthers their mission of enabling a digital currency with a stable value designed for commerce and payments.
Despite the fundamental, Solana ( CRYPTOCAP:SOL ) is still trading with a weak Relative Strength Index (RSI) of 54.89 signifying a bullish reversal trend in the long term.
PYPL FALLING WEDGE PATTERNPYPL has formed a falling wedge pattern, suggesting a potential bullish breakout. We're currently awaiting confirmation from the price. As long as the price stays above the highlighted support, there's anticipation for a bullish reversal, considering previous price actions.
Former PayPal Chief Predicts Bitcoin Lightning as the FutureFormer PayPal ( NASDAQ:PYPL ) Chief David Marcus has predicted that Bitcoin Lightning Network will become the world's most widely used payment network. Marcus believes Bitcoin ( CRYPTOCAP:BTC ) is a neutral platform ideal for transactions, making it a prime candidate for integration into daily financial operations. The Lightning Network, an overlay on the Bitcoin blockchain, aims to expedite transactions and lower costs, making them more economical and appealing to both individuals and businesses.
Marcus's vision for Bitcoin Lightning suggests a significant enhancement in payment methods, ensuring broader access and integration of cryptocurrency into the global economy. Coinbase, a leading U.S. cryptocurrency exchange, has already adopted the Lightning Network, demonstrating the industry's shift towards faster and more efficient blockchain technologies. Before this integration, Bitcoin transactions on Coinbase were processed directly on the blockchain, taking anywhere from 10 minutes to two hours and incurring high fees during peak periods.
Viktor Bunin, a protocol specialist at Coinbase, believes this integration will expedite Bitcoin transactions and enhance its utility and accessibility globally. Marcus has previously been supportive of Bitcoin, suggesting it could become the preferred currency of Artificial Intelligence (AI) systems, placing BTC at the forefront of future technological advancements and highlighting its potential role in the new digital economy. The combination of Bitcoin and AI technologies could lead to innovative applications and efficiencies in transaction processes, solidifying Bitcoin's position within the tech industry.
PayPal - Is the stock dead?Hello Traders and Investors, today I will take a look at PayPal.
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Explanation of my video analysis:
With the Covid-Crash in 2020 we saw a beautiful bullish break and retest on PayPal in confluence with a retest of an ascending trendline. This retest was followed by a rally of +200% towards the upside. From there, PayPal stock declined more than 80% and it is likely that we will never ever see the previous highs again. If you decide to take a trade though, make sure to properly manage your risk.
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Keep your long term vision,
Philip (BasicTrading)
PayPal's Earnings Surge Under New Reporting MethodIn a surprising move, PayPal Holdings ( NASDAQ:PYPL ) has unveiled a revamped accounting methodology, sending shockwaves through the financial sector. The digital payments giant's first-quarter earnings report, released earlier than usual, revealed a staggering 27% surge in profits, much to the delight of investors. However, what truly sets this announcement apart is the impressive numbers and the strategic shift in reporting standards, promising a new era of transparency and investor confidence.
The Accounting Revolution:
Under the new accounting framework, PayPal ( NASDAQ:PYPL ) now factors in stock-based compensation expense and related employer payroll taxes, providing a more comprehensive view of its financial health. This recalibration showcases the company's commitment to transparency and aligns its reporting practices with the industry's best standards. By recasting adjusted financial results for the past three years, PayPal ( NASDAQ:PYPL ) is not just rewriting its financial narrative but also laying the groundwork for sustainable growth.
Earnings Soar, Outlook Brightens:
The numbers speak for themselves – PayPal's first-quarter earnings jumped to $1.08 per share on an adjusted basis, surpassing analyst expectations. Revenue climbed 9% to $7.7 billion, signaling robust growth in its core business operations. Moreover, management's decision to hike its 2024 profit outlook underscores a newfound confidence in its trajectory. With adjusted EPS growth projected in the "mid to high single-digit percentage," PayPal ( NASDAQ:PYPL ) is poised to unlock new avenues of value creation for shareholders.
Strategic Investments Pay Off:
Behind PayPal's stellar performance lies a series of strategic investments and operational efficiencies. The surge in total payment volume processed from merchant customers, coupled with a substantial share repurchase program, underscores the company's relentless pursuit of value creation. The appointment of new CEO Alex Chriss and CFO Jamie Miller further highlights PayPal's commitment to leadership excellence and innovation. As the digital payments landscape evolves, PayPal remains at the forefront, driving meaningful change and redefining industry norms.
Navigating Competitive Waters:
While PayPal ( NASDAQ:PYPL ) basks in the glory of its earnings triumph, the competitive landscape remains fiercely contested. Rivals such as Apple and Square-parent Block continue to raise the stakes, challenging PayPal's market dominance. However, with a proven track record of innovation and adaptability, PayPal ( NASDAQ:PYPL ) is well-positioned to weather the storm and emerge stronger than ever. By leveraging its technological prowess and customer-centric approach, PayPal remains a formidable force in the digital payments arena.
Investor Sentiment and Future Prospects:
Following the earnings announcement, investor sentiment towards PayPal ( NASDAQ:PYPL ) has been largely positive, with shares initially surging before stabilizing. Despite facing headwinds in the past year, PayPal's strategic initiatives and forward-looking guidance have reignited optimism among stakeholders. As the company forges ahead into uncharted territories, investors can expect a compelling narrative of growth, resilience, and value creation.
Technical Outlook
Paypal stock ( NASDAQ:PYPL ) is trading above the 200-day Moving Average (MA) with a Relative Strength Index (RSI) of 68.96 which is moderately on the overbought region.
PYPL ( PayPal ) is breaking out of the descending price channelStock : PYPL ( PayPal Inc )
Date : 27 Mar 2024
Trend : Up
preferred Transaction : Buy ( 66.50 $ )
Reasons : The stock has broken out above the resistance level of the upper line of the descending price channel
Technical Analysis success at level : zone ( 87 $ to 91 $ )
Technical Analysis fail at level : 60.40 $
Two new trading ideas and quick update for old onesNIU and GOTU are showing nice trading setups. We can enter NIU right now and wait for GOTU for better entry.
PYPL, XINYI and SBSW are starting to give me the signal that my analysis was right. Glad that I entered at these prices. Let's wait and see and hope price doesn't reverse.
🔥HOT STOCKS: PYPL & ASANA - Like Monday.com but BETTER📉Hi Traders, Investors and Speculators of Charts📈
There are a few stocks on my immediate radar.
1) Asana - NYSE:ASAN
If you're working in a large, dynamic team you're probably using a workflow management tool like Monday.com ... or Asana.
Asana is a fantastic tool, I use it on a daily basis. It's easy to use, user-friendly and it has a wide range of easy-to-understand functionalities. BONUS - it has HUGE upside potential.
2) Paypal - NASDAQ:PYPL
Who doesn't know Paypal. PYPL has come a long way since inception, and it has improved exponentially from a user perspective experience. Paypal remains the nr1 choice for many people buying and selling online, as well as for many business. What does it have in common with Asana? - it has HUGE upside potential.
3) Alibaba - NYSE:BABA
Don't be hasty to buy just yet. Although Alibaba is still one of the biggest online retailers, Shein and Temu is starting to eat away at its market cap. For BABA, there is big upside potential but I am not convinced the price has bottomed just yet. When I spot a reliable bottom pattern, I'll accumulate a position and look for modest TP points.
4) Xiamoi - OTC:XIACF
Remember those cute little home camera's that let you watch your pet/child and even speak to them from anywhere in the world? Don't sleep on this one. AI automation, home security and... cars?
If you found this content helpful, please remember to hit like and subscribe and never miss a moment in the markets.
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CryptoCheck
PayPal Set to Integrate PYUSD Integrate with XoomIn a significant stride towards reshaping the landscape of cross-border money transfers, PayPal's innovative approach has come to light with the integration of its stablecoin, PayPal USD ( SEED_DONKEYDAN_MARKET_CAP:PYUSD ), into its renowned cross-border money transfer service, Xoom.
The recent announcement by Xoom, PayPal's international money transfer arm, unveils a groundbreaking feature allowing American users to leverage PYUSD to fund payments across approximately 160 countries. This strategic move not only underscores PayPal's commitment to fostering mainstream adoption of cryptocurrencies but also addresses the growing demand for cost-effective and efficient cross-border payment solutions.
The introduction of PYUSD as a funding option marks a pivotal moment in the evolution of digital currencies, bridging the gap between traditional finance and the burgeoning crypto ecosystem. With PYUSD, users gain access to a stablecoin tethered to the value of the US dollar, ensuring stability and bolstering user confidence in digital transactions.
One of the key highlights of this integration is the elimination of transaction fees for transfers funded using PYUSD. This translates to tangible savings for consumers, especially in contrast to the global average cost of sending $200, which stands at over 6%, according to the World Bank's Q3 2023 report. By bypassing transaction fees, PayPal empowers users to make cross-border payments without incurring additional costs, thereby democratizing access to financial services on a global scale.
Furthermore, the seamless conversion of PYUSD into fiat currency prior to the transfer process streamlines the user experience, eliminating complexities associated with cryptocurrency conversions. Through a strategic partnership with Paxos Trust, PayPal ensures the integrity and reliability of PYUSD transactions, instilling trust among users and financial institutions alike.
Jose Fernandez da Ponte, Senior Vice President of the Blockchain, Cryptocurrency, and Digital Currency Group at PayPal, underscores the significance of this milestone, emphasizing the dual objectives of creating a stable-value asset while enhancing utility for commerce and payments. By enabling U.S. users of Xoom to utilize PYUSD as a funding source, PayPal reinforces its commitment to driving innovation in the realm of digital finance, heralding a new era of financial inclusivity and accessibility.
As the global economy continues to embrace the digital revolution, PayPal's integration of PYUSD with Xoom sets a precedent for future collaborations between traditional financial institutions and emerging blockchain technologies. This symbiotic relationship not only unlocks new avenues for financial innovation but also paves the way for a more interconnected and inclusive global financial ecosystem.
In conclusion, PayPal's integration of PYUSD with Xoom represents a monumental leap forward in the realm of cross-border payments, offering users a seamless, cost-effective, and secure means of transferring funds across borders. As the world embarks on a digital transformation journey, this partnership serves as a beacon of progress, heralding a future where borders are transcended, and financial opportunities are accessible to all.
$PYPL: 🎯 Road to $77 🚀Hi everyone,
PayPal's stock appears bullish. Earlier this year, in January leading into February, the daily indicators tested the weekly ones but were rejected, causing a price drop. Recently, however, the daily indicators have successfully breached the weekly ones, propelling the price towards a potential monthly test. The immediate target is set at $77. A breach of this level could see the price aiming for the monthly target. The daily and weekly indicators will be closely watched for support, should there be any challenges in sustaining the upward momentum.
Good luck!
PAYPAL #PYPL --- Ready for recovery rallyObvious that the bear trend is clearly done
Paypal Hodlers should get relief and fresh positions could get rewarded quite nicely
It's not a bullish falling wedge, which is pattern I prefer.
But more of a regular descending channel ...
I think a move to $100 should be the minimum objective.
Paypal #PYPL: Elliott Wave Analysis 🚀🌐A remarkable surge in Paypal!
Likely concluding the overarching Wave II in October, we've since built Wave (i). Our limit order at the 50% retracement was missed, but with the CEO's announcement that Paypal is set to change the world, it skyrocketed by 15%. The future trajectory of Paypal remains to be seen, but we anticipate at least a rise to $80. Long-term, we set our sights on significantly higher targets, given that this is the initial Wave II, and we shouldn't drop back to the $50 or $57 levels. 🚀🌐
PayPal Appoints Ex-SoFi Executive as Chief Enterprise Officer PayPal ( NASDAQ:PYPL ), a global leader in digital payments and commerce solutions, continues to fortify its leadership team with the appointment of Aaron J. Webster as Executive Vice President and Chief Enterprise Services Officer. With extensive experience in risk management and global operations, Webster's addition underscores PayPal's ( NASDAQ:PYPL ) commitment to enhancing financial crime prevention, regulatory compliance, and customer protection measures.
A Seasoned Executive Joins PayPal:
Aaron J. Webster brings a wealth of experience from his tenure at SoFi, where he served as Chief Risk Officer and Global Head of Operations. With a track record of building integrated risk management frameworks and driving operational excellence, Webster is well-equipped to lead PayPal's initiatives in financial crime prevention, regulatory relations, and risk management.
Driving Innovation and Customer Protection:
As the new Chief Enterprise Services Officer, Webster will spearhead efforts to strengthen PayPal's global financial crime and fraud prevention programs. His leadership will be instrumental in advancing PayPal's mission to revolutionize commerce while ensuring the highest standards of security and compliance. With cyber threats on the rise, Webster's expertise will play a pivotal role in safeguarding PayPal's customers and fostering trust in the digital payments ecosystem.
Continued Focus on Growth and Evolution:
PayPal's CEO, Alex Chriss, expressed confidence in Webster's ability to drive growth and enhance customer relationships through effective risk management strategies. This appointment aligns with PayPal's broader strategy of bolstering its leadership team to navigate an ever-changing business landscape. As PayPal ( NASDAQ:PYPL ) continues to expand its presence globally and innovate across various verticals, Webster's leadership will be integral to driving sustainable growth and maintaining regulatory compliance.
Webster's Vision for PayPal:
In his statement, Aaron J. Webster expressed his excitement about joining PayPal ( NASDAQ:PYPL ) and contributing to its mission of revolutionizing commerce worldwide. He emphasized the importance of protecting customers and enhancing PayPal's capabilities to adapt to evolving threats and regulatory requirements. Webster's vision aligns with PayPal's commitment to innovation, customer-centricity, and operational excellence.
Is PYPL ready for recovery?n the daily chart PYPL is at its six-month lows sitting on the support /demand zone after recent
earnings which were helpful in showing earnings and revenues holding up. Upside to resistance
is about 25%. The volume profile shows heavy volumes at both the current price and at $75
Any upward price action would likely experience volatility at $7 5 as that is where a large
a number of institutional traders are situated. This is also approximately where the mean long
term anchored VWAP is extending. The MACD indicator's lines have crossed under the histogram
which is now green and positive. They are approaching the horizontal zero line. Trading volumes
have increased since the last earnings and so shares are being accumulated which usually
results in prices rising gradually over time.
I see this as an excellent long trade setup targeting first $ 75 and then $87 just under the
resistance zone with a stop loss in or under the support.
PayPal: Watchful Waiting 👀Paypal (PYPL): NASDAQ:PYPL
After entering PayPal at around $57, we experienced a notable rally followed by a sharp decline, resulting in our stop-out at breakeven despite initially taking profits. This series of events could suggest the potential completion of Wave ((ii)). However, we remain cautious regarding the possibility of further downtrends. Maintaining a level above $53.35 is crucial to prevent a drop towards the $50 mark. If this support level fails, a significant decline may ensue, potentially invalidating our bullish scenario.
At present, we are refraining from initiating new entries, opting instead to closely monitor market developments. This approach provides us with the flexibility to establish new positions without pressure or adjust our strategy in response to evolving market conditions. ✔️
PYPL PayPal Holdings Options Ahead of EarningsPYPL had some events in the past 2 years that determined its price action.
Went down after its CFO left for Walmart:
Had a technical rebound buy opportunity after reaching the 2017 support:
and determined a lot of users leaving their platform after announcing a $2.5K fine for spreading misinformation:
Now analyzing the options chain and the chart patterns of PYPL PayPal Holdings prior to the earnings report this week,
I would consider purchasing the 60usd strike price Calls with
an expiration date of 2024-6-21,
for a premium of approximately $8.20.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.