MSTR trade ideas
Whales Selling BTC and MSTRWhales are selling BTC and MSTR Stocks.
The Price Target based on the liquidity present in the Hyblock Capital Chart, is $24,200
MSTR next FTX bubble MicroStrategy owns 152,800 BTC bought for $4.53 billion.The company has $2.2 billion of debt issued by MicroStrategy, the parent company, consisting of $500 million of 6.125% senior secured notes due 2028 (the “secured notes”) and two series of convertible notes, one maturing in 2025 and the other in 2027 (together, the “convertible notes”). The secured notes are guaranteed by MicroStrategy’s subsidiaries (other than MacroStrategy and its subsidiaries) and are secured by substantially all of MicroStrategy’s assets, which include its software business and, as of Sept. 30, 2022, a total of 14,890 bitcoin.
Although MacroStrategy and its subsidiaries are technically restricted subsidiaries under MicroStrategy’s secured notes, in many ways they have the freedom of an unrestricted subsidiary, including their ability to incur debt secured by their bitcoin holdings.MacroStrategy is carved out from the limitations of the debt covenant, so it can incur unlimited debt. In addition, any crypto assets held by MacroStrategy at the time the secured notes were issued are carved out of the liens covenant; as a result, MacroStrategy may incur unlimited debt secured by the bitcoin that it held on the date the secured notes were issued.
The fact is that FTX and Alameda were created by one person - Sam Bankman-Freed. And from the very beginning, Alameda served as a liquidity provider on FTX. Alameda wallets interacted with FTX even before the launch in May 2019 and apart from other addresses, it was the only clearly identifiable counterparty. In 2020, the chief engineer of the FTX crypto exchange made secret changes to the exchange software. They allowed Alameda Research, owned by Sam Bankman-Fried, to continue to borrow funds from FTX regardless of the value of the collateral.
Weller said the prospect of such a fund coming to market after about a decade of trying by a number of issuers could pose a "big risk" for MicroStrategy.
“Many investors are buying MicroStrategy shares as a widely available proxy to gain exposure to bitcoin,” he said. “But if a simple, low-fee alternative emerges, much of the current demand for the stock could dry up, leaving a costly, slow-growing operating company to manage a cumbersome, unstable balance sheet.”
The Spot Bitcoin ETF, if approved, “won’t offer the same leverage returns as MicroStrategy,” Saylor said during the company’s Aug. 1 earnings announcement.
However, he acknowledged that a subset of institutional investors would choose Bitcoin ETFs to participate in this space.
I'll draw an analogy. Think of the rest yourself. The debtor company has doubled its capital. This is Carl's air, emptiness! Bitcoin-ETF no longer needs an intermediary in the form of this company, which can repeat the fate of FTX. Half of the Bitcoins will have to be sold on the market if the Bitcoin ETF spot is approved, because 2.2 billion debts and unlimited lending to yourself may end. Even now, investors will have a reason to doubt Michael Saylor and withdraw their funds, which will deprive the company of reliability. Will he repeat the fate of Sam? Time will show.
$MSTR Setting UpNASDAQ:MSTR setting up clean pivot while testing its 50 MA for the first time after a powerful base breakout.
Pure technical/momentum trade.
MicroStrategy Coiled: Are Bitcoin Bulls Ready for $35,000 in AugMicroStrategy Incorporated provides enterprise analytics software and services in the United States, Canada, Europe, the Middle East, Africa, and internationally. It offers MicroStrategy, an enterprise analytics software platform that enables users to create visualizations, customize apps, and embed analytics directly into workflows; and MicroStrategy Cloud Environment, a managed software-as-a-service solution, which offers always-on threat monitoring and enables rapid analytics development and deployment to deliver security and data privacy requirements. The company also provides MicroStrategy Support that helps customers to achieve their system availability
MSTRUpdate on MSTR since last update was March.
In March we had said target up to 420 area, which is where we are now.
Technically, the first quarter retracement of the whole move is 433, and so if we use that first quarter as a pivot, I'd look to trade up to the 50% retracement/MID of the whole move, which coincides with the psychologically significant 699/700.
Good luck.
Golden ticket go to next stop $740Weekly chart
MicroStrategy NASDAQ:MSTR has broken up descending trend line and now it's pulling back to the support around $380
It's time to get in and go to next stop
Wait a confirmation around the support
MSTR trading under monthly resistanceMSTR price is currently trading below the monthly resistance 1 at 277.92 level. The price will very likely cross this level on the next attempt. In case it does so, the next target would be the next monthly resistance around 486.
mstrThat lower green line, we said that Micro Astrology can make its purchases for a growing movement, now it has reached a small resistance area from which we can expect a correction.
MSTR LONGMSTR LONG
MSTR hit our first target, and has some nice bullish candles. Next TP target is around 523.
Marketcap vs Assets - Debt, MSTRMC / Assets + biz estimated value minus debt.
This will show a big number when marketcap is very high compared to assets.
A low number is what we want.
Microstrategy Marketcap vs BTC HoldingsMicrostrategy Marketcap trends towards the value of it's Bitcoin.
Although debt should still be a factor when evaluating MSTR value.
KIV Long: MSTR (30/6/23)KIV Long
0- Bitcoin consolidating flag, uptrend
1- Support ema20
2- Breakout resistance
3- Wait momentum candle <<
4- Wait volume candle
Risk $104/ 4 lots
Entry-338.2
SL-312
TP1- 390.6
is it this easy?Very well could be. Dont doubt the simplicity of the artwork.
Oh and bearish div on the macd.
Will $MSTR finally become a market leader?The leader of the industry right now is NASDAQ:MDB , but those not have any exposure to the #crypto market.
MicroStrategy provides enterprise-ready analytics, mobility and security software platforms for various industries.
Historically, NASDAQ:MSTR has outperformed AMEX:BITQ , I chose this ETF as a proxy of its peers as is better balanced than $AMEX:CRPT.
Since the beginning of the year, the stock its been in a bottoming process as the volatility continues to decline. And its relative strength line is in a trading range.
Recently, they announced a new multi-year partnership with NASDAQ:MSFT that will integrate MicroStrategy’s advanced analytics capabilities with Azure OpenAI Service.
Maybe this added to the volatlity contraction can help the price to breakout above $350 and start trending higher.
MicroStrategy - Bullish caseHi guys!
Microstrategy showing strong signs of accumulation as shown by the OBV indicator. Bullish divergence has been forming during the past few weeks.
Still strong resistance ahead, around the $330-360 level. If we manage to turn this level into support and, market conditions are favorable, the $475-525 level would be next. What do you think?
Have a good one and take care guys!!
Trade Plan for MSTRHi, Trade plan for MSTR and the reason am taking the trade is correlation with btc and once its down MSTR goes down which is a good opportunity to buy the dip for profits.
Tradehubng
MSTR is lagging behind bitcoin, a great short opportunityMSTR stock is but a clever way to get around the regulators and have a bitcoin ETF. The stock is nothing but a representation of a massive, leveraged bitcoin position.
As such, it is bound to get hurt massively as bitcoin crashes once again. Currently, it is still lagging behind bitcoin and this is precisely where I see a high reward short. BTC-USD chart already had its "spine broken" while MSTR still lags a bit behind.
Expecting the last year's lows to be re-visited. Keeping the stop just above the current price action at +8% from here ($296).
Microstrategy Important level to WatchMSTR bounced strongly off of its trend-low AVWAP. As long as Bitcoin is relatively rangebound and over ~26k, you can expect this to be a reliable support where bulls will defend.
M patternShort interest is over 25%.
Almost a big rectangle but not quite. I could not find points to connect for a triangle either
I am not sure exactly what this company does so I looked it up.
MicroStrategy Incorporated provides enterprise analytics software and services in the United States, Canada, Europe, the Middle East, Africa, and internationally. It offers MicroStrategy, an enterprise analytics software platform that enables users to create visualizations, customize apps, and embed analytics directly into workflows; and MicroStrategy Cloud Environment, a managed software-as-a-service solution, which offers always-on threat monitoring and enables rapid analytics development and deployment to deliver security and data privacy requirements. The company also provides MicroStrategy Support that helps customers to achieve their system availability and uptime goals, and to improve the overall experience through highly responsive troubleshooting and proactive technical product support. In addition, it offers MicroStrategy Consulting, which offers customers with architecture and implementation services to help them quickly realize results, as well as helps to achieve returns on investment derived from understanding of data; and MicroStrategy Education that provides free and paid learning options, as well as holds and acquires bitcoin. The company offers its services through enterprise sales force and channel partners. It serves companies from a range of industries, including banking, technology, consulting, manufacturing, insurance, healthcare, and telecommunications, as well as the public sector. The company was incorporated in 1989 and is headquartered in Tysons Corner, Virginia.
No recommendation/Possible Bat/ Will update if this goes down past the 1.113.
$MSTR: Short to hedge crypto bagsNASDAQ:MSTR has been a pretty good vehicle to short against Bitcoin holdings, a small position can act as a hedge for a larger Bitcoin allocation, which is convenient.
A new short setup is popping here, confirms on close today.
Should go down for 12 business days.
Best of luck!
Cheers,
Ivan Labrie.
MSTR - Rising Trend Channel [MID TERM]- MSTR shows strong development within a rising trend channel in the medium long term.
- The stock has broken an inverse head and shoulders formation.
- A decisive break of the neckline at approximately 311 will signal a further rise to 660 or more.
- The stock is between support at 284 and resistance at 354.
- Overall assessed as technically positive for the medium long term.
*EP: Enter Price, SL: Support, TP: Take Profit, CL: Cut Loss, TF: Time Frame, RST: Resistance, RTS: Resistance to be Support LT TP: Long Term Target Price
*Chart Pattern:
DT - Double Top | BEARISH | RED
DB - Double Bottom | BULLISH | GREEN
HNS - Head & Shoulder | BEARISH | RED
REC - Rectangle | BLUE
iHNS - inverse head & Shoulder | BULLISH | GREEN
Verify it first and believe later.
WavePoint ❤️
