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Visa Earnings Trade!!Sitting above the 200 Ma w a MACD cross and a parabolic Sar. I could see this continue to the upside. This week and last week companies have been getting massively rewarded for good earnings. American Express ran $10!! Visa is gonna smoke American Express too so I can only imagine. Risky trade but if my thesis is correct tomorrow after hours this thing should pump and we should have plenty the following day to close our contracts in a nice profit. $522.50 call for august 6th. Grab em up early during market open 7-27 we’re gonna ride this one thru earnings and sell off 7-28
NYSE:VLong
by StonkDonkeyz
1
HUGE opportunity on MATIC/USDTI understand that we are in a moment of uncertainty, so I'm gonna introduce two points of view, for the ones that are Bullish or Bearish on MATIC and I will explain why I am "long" on this trade no matter the trend (bullish or bearish). For my Bullish friends: - I traced Fibonacci from the lowest point in April at $0.25 right before the bullish momentum that took MATIC to $2.70. - I took the EMA 200 in consideration to determine the trend (slightly up). - The 0.786 Fibonacci Retracement ($0.25 to $2.70) is at $0.78. - Using previous Supports & Resistances I determined my buying zone between $0.68 to $0.78 - The RSI indicator is at one of the lowest areas in months. - The last reason is that MATIC is an amazing project and still has a lot to bring to the "crypto world"!! For my Bearish friends: - I used the EMA 200 and a previous area of Support ($0.74 and $0.68) as a prediction of where the price will fall. - Based on that I traced our Fibonacci from $1.71 to $0.74, if we were to keep a down trend the Retracement would probably take us to something between $1.10 to $1.33 ___________ Conclusion: If the market shows itself on a Bearish trend and we have a "common" retracement to the Fibo 0.382 zone (around $1.10) we will be looking in a 50% increase on the price from $0.74 to $1.10 and if it the market tried the 0.618 we would be looking on a 80% increase on the price. If the market shows itself on a Bullish trend we could easily be looking to more than 100% increase in the price of MATIC. This will be a long trade doesn't matter if it will be Bullish or Bearish, it can take several days or weeks, but I'm confident on massive gains on this one! Personally I see this moment as a huge opportunity to buy MATIC, both as a trader and as a holder. ___________ Disclaimer: This is not financial advice. The only purpose of this post is to share an idea and to talk about it. Always remember do your own research!
MLong
by ClubCryptoTraders
BTC/USDT is testing the "2020 HIGH" as support.Bitcoin has tested the high of 2020 as support for the third time in the past 3 months. I know that many of you guys already know it but for the ones that don't, Bitcoin have never tested the high of 2017 ($19K - $20K) as support, the price just went straight "to the moon", and that's why you always hear people on the internet saying that Bitcoin is going to 20K. That's one of the reasons why I believe that Bitcoin will test the $19K - $20K zone and another reason is that Bitcoin doesn't seems to like the $29K area, the 200 EMA is still pointing down, and at this moment we have a lot more sellers than buyers. Buy and Hold: If you are a true believer of Bitcoin and wants to buy and hold some of it I believe that the zone between $19K - $24K is a good area to buy and hold. Trade (Short): On a trader perspective I would wait Bitcoin to break the "2020 support" and wait for a confirmation then I would wait for a pullback and then I would Short it (if the EMAs are still pointing down as well), but that could be a really risky trade because we have a lot of buying orders for Bitcoin on the $28K area, so do your own research and trade at your own risk. ________________________ Disclaimer: None of what was shared here or in my profile in general constitute as financial advice, the purpose of this post is only to discuss ideas. REMEMBER TO ALWAYS DO YOUR OWN RESEARCH.
Short
by ClubCryptoTraders
USDJPY Bear Market?USDJPY (Daily) - Last week the Yen finally broke out of the 12 week consolidation zone with a strong impulsive move that came on Thursday. We saw the move violate both the 110.500 and 110.000 levels which are important numbers followed by a retracement move which came on Friday to retest the zone. As long as price remains outside the channel, we can expect more weakness to follow as the market sentiment has now shifted from bullish to bearish at least for the forseable future. As the market opens, we can expect price to test this zone further into Monday and early this week before a potential continuation to the downside. 108.000 looks like an attractive liquidity zone for targets and take profit.
Short
by Swiing
AUDUSD at Key ResistanceAUDUSD (H4) - Last week we saw the Aussie make a corrective move back to 0.76000 following an aggressive sell off from 0.77000 the week before. The market closed just below 0.76000 on Friday with a pinbar on the daily timeframe after price tested the level from below and failed to close above. On the daily timeframe this level is also currently acting as a neckline for a Head and Shoulders which could be signalling a trend reversal for the Aussie. Should price fail to close above this level again early this week, we could see a weaker Aussie with prices sinking lower possibly to around the 0,73000 levels.
Short
by Swiing
GBPUSD Double Top?Weekly timeframe Double Top? Strong rejection to the downside after price, for the second time has failed to break above 1.41200 in recent weeks. A strong bearish engulfing weekly close last week indicates that sellers have now stepped into the market. 1.37000 is the next support level which is also acting as the neckline for a potential double top pattern formation. Could this be the beginning of a trend reversal for the pound? First short targets at around 1.32000 area.
Short
by Swiing
BABA - 1D candle - Long Above 220$ BABA can interest me for a cute swing. This stock is a strong company, with good Revenue, future prospects and technological innovations. China’s e-commerce is testing a critical point in the graph as it reaches its rising trend line, outlined from the start of its IPO. -------------------------------------------------------------------- Recent News (Fundamental): * It announces that it will produce robots that will enter the Chinese economy. * It announces that it will start producing electric trucks. -------------------------------------------------- ------------------- The average analysts' rating by "TipRanks" is positive. With a consensus of 25 buy recommendations right now! -------------------------------------------------- ------------------ technical analysis : Above price 220$ it will prove that it breaks the descending triangle Under 195 I would less recommend holding it PT1 - 268.50$ (Conservative) PT2 - 297-300$ -------------------------------------------------- ----------------- * For traders who like to measure price levels with Fibonacci, it appears for you in the graph, from the highest price to the price at which the stock is currently * There is no recommendation, you are big kids, do your research .. I just share with you my trading ideas * Let me know what you think, your opinion is important to me !
NYSE:BABALong
by SaTLla101
4