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Short-term

Still some room for the bullish run to completeHere, I am using several retracements, trend lines, and extensions to build the case of a short-term buy position. First, the graph fits beautifully in the pitch fork trend, showing that we are currently at the median resistance of the bullish trend. To see whether we will go up or down from here, I used several Fibbonacci retracements at different time frames, most of which are showing that we are nearing, but not yet at the end of the trend. Taking into consider only that last bullish trend, we are at the 261.8% Fib extension, which would definitely the time for a take profit. However, taken into consideration longer trends, resistance seems to be a bit higher, around the 44.5 price range. Fib Speed Arcs even make me believe that the last ditch of the bull upwards will happen today or tomorrow, then a sell should be done. Of course, if I had a buy position from a start, I would have taken the profit at this stage and play it safe. But since I am out of position, I am willing to take the risk for the last part in an incredible bullish run.
COINBASE:UNIUSDLong
by MontyMacht
1
$TKAT bull run next week?If you missed the $TKAT and general NFT craze from a few weeks ago, it's back. $TKAT has had 3 strong days and now closed kissing top of Keltner channel closing up 36.65% :o Generally I don't like to enter swing trades Friday afternoon or after such a strong green day, but made an exception here due to the potential for an explosive move next week. $TKAT did this before on it's insane March 15-23 run. On the daily we see something looking like a Bull Flag Breakout. Resistance free to $46. If it breaks though that with force I think there a shot at breaking all time highs at $74 to who knows where. Trading these guys is tough as they jump around A LOT, up to 40% a day. If you're only into FANG and fundamentals, this is NOT for you. I'm trying to be careful with my risk management and hope you will be too. This is very low float and with 42% insider ownership, so if they hold we're good, if they dump... well not so much. Any thoughts on all of this? Agree? Disagree? Please let me know. I want to hear your analysis. Any tips on holding through gut wrenching pull backs on this kind of trade and timing the exits would be appreciated..
TLong
by Thundershadow
3
TRX / USDT min-max possible profitHello everyone. I would like to post my thoughts on TRX / USDT. What we see on the chart: 1. The red line is the trend line. 2. The first sharp upward jump was 69 degrees followed by the accumulation zone which lasted 4 days. 3. Then again the lifting zone but already 59 degrees. 5. Due to the sharp big takeoff, we bounced well down to 50 degrees, as shown in the left Fibonacci grid, we went into the golden ratio zone. 6. The next accumulation zone has been passed and we expect further growth to the level of ~ 0.17. 7. Now the local trend is 48 degrees. 8. Red zone is our global support level. 71 bars (~5 days) What I thought based on all this. If we go up sharply again, we can break through the upper level and again fly up to the level of 0.22, but this is risky. Make a grid for take profit. Take profit 1 - 0.17. Here we can close 50%. Take profi 2 - 0.185 close 20% Take profit 3 - 0.2 close 20% And take profit 4 - 0.22 last 10% This is just my vision for TRX. Think about the risks and your investment. Thanks for attention.
Long
by zzcrash
EA investing ideaGood time of day for everyone, now I want to tell You about EA company. They are one of the biggest game publisher in the world. At my opinion it is good stock for long-term and short-investment too investment. Reasons are: + Strong financial stability, even in COVID-19 pandemy + By COVID-19 pandemy, better then usual financial result and even without COVID-19 still good net margin (at level 20,8%) + Good buyback ratio per 3 years - EA makes herself more valued + Yes, their not so good dividends payments, but they are at maximum for period of existing company. + In may we are awaiting for yearly statement, so be prepared for strong rising before publication of the statement + Growth of research and development, most of the financial statement tell, that company have good organised business This is just my opinion. Past success does not guarantee future success. Investing include risk of loosing all or part of invested resources.
NASDAQ:EALong
by ValueInvest_Pro