$MSTR is approaching a double bottom and printing a doji candle on the daily time frame. A visit to the trendline is very likely. NOT A FINANCIAL ADVISE
BingX’s Bitcoin Chart Bitcoin is down 1.01% over the last 24 hours and fell to an intraday low of $16,458.52. The largest cryptocurrency has been trading between $16,500 and its 20-day exponential moving average (EMA) of $16,852 for the past few days, suggesting traders are not clear about the next directional move. The 20-day EMA is sloping down gradually and...
"Cryptocurrency Turmoil: The Ups and Downs of Coinbase and Other Digital Asset Companies" Coinbase is a company that helps people buy and sell digital coins called cryptocurrencies. It became a public company in April 2021 and was worth a lot of money at the time. But lately, the value of cryptocurrencies has been changing a lot and it's made it hard for...
Risk-of since last week US CPI and FED rates decision also have an impact on cryptos, with BTC breaking the bear flag, possibly headed lower into wave 5. At the same time I want to see if Nvidia can hold the lows.
Bahamas-based cryptocurrency exchange FTX's filing of Chapter 11 bankruptcy on Nov. 11 have sent stocks of financial services companies dealing digital assets tumbling, further reducing the already dented confidence for the cryptocurrency industry. According to Bloomberg News-compiled data, the implosion of FTX, which at its peak was the third-largest...
MSTR looks to be on the brink, showing another perspective on Bitcoin that also looks ready to plummet. Expecting a WIPE-OUT in the end, back down to $130 range. This could be a GREAT buy down the road, but not for a quite a while.
1. Graphic Analysis Since March 2020, the company has been showing a strong correlation with Bitcoin (as shown at the bottom). The price is "respecting" the white diagonal line in a big triangle 3 times. It remains to be seen whether this line will be restored or whether it will now take off for good. Perhaps the fundamentalist analysis below indicates a subtle...
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Bitcoin Intraday - We look to Buy at 18371 (stop at 17987) With signals for sentiment at oversold extremes, the dip could not be extended. We look for a temporary move lower. 18267 has been pivotal. 18158 has been pivotal. The previous swing low is located at 18138. We look to buy dips. Our profit targets will be 19297 and 19597 Resistance: 19500 / 20000...
XRP Intraday - We look to Sell at 0.5239 (stop at 0.5401) Bespoke resistance is located at 0.5250. Bearish divergence can be seen on the daily chart (the chart makes a higher high while the oscillator makes a lower high), often a signal of exhausted bullish momentum, or at least a correction lower. Bearish divergence can be seen on the 4 hour chart (the...
Let's take a look at one of my favorite ways to trade bitcoin, especially one of my favorite ways to trade Bitcoin on leverage by using 1x margin somewhere as simple as robin hood. Bitcoin and MSTR are so heavily correlated these days that its rather straight forward of a play to trade MSTR as if it's your Bitcoin vessel. MSTR. is also in a great range to buy...
BingX’s Bitcoin Chart Bitcoin is down 3.25% over the last 24 hours and fell to an intraday low of $18,715.37. Traditional equities also declined, with the Dow Jones Industrial Average, Nasdaq Composite and S&P 500 falling by 1%, 0.95% and 1.1%, respectively. The Fed is unlikely to announce anything surprising on the interest rate as the CME FedWatch Tool is...
Bitcoin Intraday - We look to Buy at 20917 (stop at 20487) Short term bias has turned positive. We look to buy dips. 20771 has been pivotal. 20874 has been pivotal. A lower correction is expected. Our profit targets will be 21987 and 22387 Resistance: 21800 / 22500 / 23000 Support: 21500 / 20800 / 20500 Please be advised that the information presented...
BingX’s Bitcoin Chart According to CoinShare, digital asset investment products saw minor inflows totalling US$9.2m although the predominant inflow was into short investment products. Bitcoin saw outflows totalling US$11m, representing the 4th consecutive week of outflows. Bitcoin is up 0.68% over the last 24 hours and rose to an intraday high of $20,180.00....
Bitcoin Intraday - We look to Sell a break of 19488 (stop at 19851) Daily signals are mildly bearish. Trades with a bearish descending triangle formation. The bias is to break to the downside. 19500 has been pivotal. Our profit targets will be 18601 and 18101 Resistance: 20000 / 20500 / 21000 Support: 19500 / 19000 / 18500 Please be advised that the...
Daily range 265 - 283 End of month range 210 - 220 We've put another pre-market gapper into the books in today's opening session on US markets for Monday, opening -5% below friday's dismal close. WIthin the first 1h candle we've recovered most of the gap, and current 1h candle volume is higher than average, so demand is strong for the moment at these levels....
I'm all in Micro when BTC goes to the 19-21k range, but I believe liquidity has kept BTC afloat over 23.5k and that will soon break. The price target of 280-290 we're currently running around 350 so would be a 60-dollar drop = $6000 in intrinsic value per option.
WE WILL FALL, this is a fakeout, grabbing Microstrategy October 350 put for $7000, if BTC rejects this morning jump MicroStrategy will test lows also holding goog calls and black rock calls long with a small spy put position