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Shortbull

BTCUSDT short-term BullishBTCUSDT has broken the bearish trendline resistance, and now BTCUSDT seems to be making a short term bullish move. I predict the bullish movement of BTCUSD will reach the 53677.06 - 52630.94 area for two reasons. First, there is minor resistance in that area. Second, both Fibonacci Expansion and external Fibonacci retracement golden ratio create a cluster area around the area. So based on these 2 views I assume BTCUSDT will continue its short term bullish run.
by ivanderyoshua
INTC, bullish and bearish scenario INTC is currently consolidating and is trading in a range on bigger time frames. We do not have clear direction of the trend, and i would not advise to take a trade until we cross the significant level. LONG : i would enter long at 62 level with 1/3 of my position, because we have to be prepared of a fake breakout. ( 80% of all breakouts fail, they usually retest and move higher later). I would wait to retest and bounce back. I would than add at 63, 2/3 and wait what will happen at 64, because there could be a resistance. If we successfuly break it i would add 3/3 of my position and ride it to the upside until i see CLEAR reversal. SHORT : i would short at 56. Volume does not to be big, because on the downside we do not necessarily need it big. i would enter with 1/3 of my position - same reason : fake breakouts. And i would add at every whole number and look closely what will happen at half dollars ( at half dollars we usually create psychological support and resistance levels too ). At 54 we could create strong support level. Watch closely for reversals ( candlesticks, volume ) If we cross it i would add to my position and ride it till i see a clear reversal signal. Stop loss should be always 50 cents if you are risk tolerant, if not you can have a 20 cent stop loss. INTC has a great fundamentals, wall street rates it as a very good tehnical and fundamental company and has a lot of potential in the future. So it is good for investment too. I DO NOT recommend taking any of my trades because of the risk. I AM NOT a financial advisor and i AM NOT a institutional trader. This analysis is purely for entertainment only and it represents an idea what could happen with the stocks future. If you like idea please like and follow. Any kind of support is appreciated.
NASDAQ:INTCLong
by UnknownUnicorn7025460