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BIG

Confirmed bull market for BLUZELLE !!Today we got a massive breakout with a new 52 week high ! On massive volume !! Volume exceeded the MarketCap of 12.8 million. If you are on the ride from the beginning (1 month ago) you are now up already 150% ! However we are STILL VERY EARLY in this bull and still down 93% from its ATH (against BTC and against the USD) !! So, one the RSI cools down a little you could still get aboard at a discount price. According to some serious research, price target for this coin is around 10 USD (that's a 150 bagger from current prices). Not financial advice but that's what I do ! BLZ is now my second position with 6% portfolio weight (started with 2.5%) but I will not sell before a long time ! Yes, you heard it right: no profit taking !
Long
by Dangermousebanana
DO NOT MISS RAVENCOIN !!!"Ravencoin is a peer-to-peer blockchain, handling the efficient creation and transfer of assets from one party to another." That is the use case reported on their website. From what I understand they are active in issuance and tokenization of assets. You can buy it on Binance, Bittrex, Bitrue, and other important exchanges. 24 H VOLUME today is almost as high as its entire market cap !! Volume 120 Million $ (with 150 M MarketCap) !! THIS IS WHY I take a small position (1% of portfolio) in this coin. Will add once we break resistance. On balance volume is trending higher since a long time: accumulation. RSI is picking up. Price looks like it wants to break out of a bullish descending wedge soon. We are right at resistance around 250 - 270 satoshi, but once it is taken out, the rise could important. This coin has still not pumped, but I am sure it will ! Take a close look.
Long
by Dangermousebanana
5
Berkshire B - Next stop at?I am willing to invest in this value share but really... I have no clue as to where it is going. Is it a buy or is it going down? The chart says a good short will give you a huge profit. But... this is Warren Buffet. Is it his moment of truth? I am going in with my paper trading account for a long. historically it should go up. But the current situation in US says auch. Who can shed a light on the next election results in favor of Liberals? What would possibly be the effect on this share. BTW I m a noob. Just started. But I want to go long on this one.
NYSE:BRK.BEducation
by WileyCoyote_
she gon be bigI strongly feel as though this head and shoulders will play out, however that right shoulder was floatier(?) than expected, which may lead to improved market sentiment as the pattern completes. This leads me to believe that we will form a nice triangle up from that raunchy 220 wick on June 2nd. If support is bullish, I'm expecting the cavalry around the high 220's. The thing is, if this pattern is what I think it is, its gonna be quick, bro. Flash down, wick up, close high, then retest the 440's. or, in an alternate timeline (probably not as dark as this one), we test upwards to 440 again then draw a triangle bottom. Imagine a little green arrow right next to my red one, except the green one has a question mark cause I'm not quite sure and I dont feel like going back to add it in. After that? Bearish, dude. These triangles never play out bullish. lol We will probably hang around the 230's until our 200ma gives us a swift kick in the ass to get a move on. cheers, lads
COINBASE:ETHUSD
by BingoMoney
Daytrading RECAP 04/09/20 - Just in Green for the WeekHi traders, Alright let's wrap this week up! *In my ID trades, I risk 1% of the account per trade and go for 2% (2:1 RRR ). Sometimes I adapt a little bit as you can see in the description.* SPY was making up its mind most of the day but it's just the way it is and it's our job as traders to adapt. I only managed not to lose THAT much today, hope you did better! Five trades today: 1) BIG - LONG @20.05, closed little above my SL @19.25 for a -0.875% 2) SIX - LONG @16.65, this one JUST hit my target @17.45 for today's only winner of +2% 3) SABR - LONG @7.05 and this time I wasn't so lucky. It turned couple of cents under my PT @7.55 and went back to BE and I closed it at the end of the session for -0,2% loss. 4) ERI - LONG @20.02 - a classical example of a fake breakout, stopped out @19.62 5) HAL - LONG @9.01, the break was good but then SPY stepped in and took most of the stocks down, including HAL which in retrospect could've been a nice reversal trade from my SL on. Total PnL for the day: -1.1% Total PnL for the week: +0.95% I wish all of you a great Easter, relax and let's all get prepared for another week in this wonderful trading business! All the best. Tom from FINEIGHT
AMEX:SPY
by Fineight
Be careful with EURO longsJust that you understand what is going on. Only unwise would take a risk of massive euro buying in this situation. EURO is devaluating rapidly and big institutions got rid of it at best price. I suspect it was a planned action between several private European institutions who were holders of long term big euro reserves. And the dull ones who bought overpriced EURO (maybe a state establishment like ECB) started to sell immediately, loosing billions. Where did they invest the sell. Not in Euro for sure. Maybe gold, yen, bitcoin? God knows... Observe closely the ongoing supply line!
Short
by ICFX
5
Critical view at world economyFinancial planners and news tooted alot of news in the last weeks, which are novel to anyone of us. Not playing devils advocate here, one could generally assume planners would like to keep clients funds and news are overselling events emotionally, to create attention. Taking a critical look might give clarity in troublesome times. Ive developed two rather simplified scenarios, namely bull (green) and bear (red). To be fair, each should be called bear, because its highly unlikely to see growth this year (sp and other index ratings seem to be slashed by analysts on the daily now). Regarding to the bull scenario, we could likely bounce back into ema region. pro -goverments are finaly mobilizing accordingly (looking at you, trump, johnson) -china seems to be getting back on track again -effective medication might be available soon, who knows The bear told me however, we cant comprehent real damage today pro -banks wont offer credits to small businesses as promised by governments (germany for example), because they dont want to risk credit default -people underestimate dangers and stop preventing virus care, second huge outbreak -fed , european central bank already blew their ammunition - more cash does not cure infections, unfortunatelly - they are not dry, but just creating more money is unreasonable- "bad" companies need to die one way or the other in captialistic systems -ripple effect accumulated to sum of those events -ripple scenario : people go full anarchy, recognising their real estate is dilluted, tax payers have to pay all this mess, over 11 years of bullrun flipped into massive wealth-burn (full bananas bear scenario, just a thought exercise) keep in mind however: -these are some of the best companies overall, technology and such, high margin, lowish maintenance - the rest will dump much harder In case 1, I would really consider cashing out and reinvesting at a cheaper point in time, as a long term investor - we hopefully not reach bottom again, but recovery above the next high will take its time - lower overall bip is not priced in yet In case 2 ? Idk, guns are pretty illegal in europe, so I rely on your opinion on how to survive this mess! However Id have an eye on cryptos, gold and funding local business or such! Trade save and keep diamond_handz!
AMEX:URTH
by diamond_handz
BIG Lots seems to go down..NYSE:BIG Obviously, the instrument was driven under the mirror level of 26.15 and now it is in the "box" between 25.03 and 26.15. Since the last bar from 21.02.2020 closed down and did not form an up-jamming under the resistance level, we can assume that we see the short player's actions. But in any case, we can start to sell only after leaving the channel downwards. In this case, we will have a nice flight down to 22.9 in the clear zone. Most likely, we will. No matter whether you take my ideas into account or not, you should trade only at your own risk-on-trade and from your own MM-strategy. And don't forget to use SL-orders.
BShort
by AllexMl
13K scenario (episode 2)Here is some extra details about the GO-LONG scenario I was talking about. In my new indicator called S4W/RoBonacci, we can see the downtrend reversed back to an uptrend, starting on September 2019, and it is still climbing. We are soon to reach the first key-level, as seen on the chart. This indicates the bulls are getting stronger and prepare their attack as a significant up-move What I'm watching now is the MA lines. To see which line will be used as a support level for an up-bounce move. Is it the EMA100 (the orange line) which has already been reached by candles but not yet been breached? The level for this EMA100 is around 7100 USD. If the breaching occurs then the price will drop down to reach the EMA200 (the lowest purple) line). In that case, the price will plunge to 5600 USD. And that will be the real starting for the explosive up move. But if price orbits around the EMA100 (orange), then the up-trend will start imminently Also, I've drawn on charts what I consider to be 5 take profit levels to use. From the safest one at 10480 to another one at 14356, which is my most optimistic up-move to occur. But time will tell. So here are the key prices : -------- LEVELS ---------- 7100 USD : support level linked to EMA100 5600 USD : support level linked to EMA200 ------- TAKEPROFIT / RESISTANCE ------ 10480 USD : first and safest take profit when going long 12325 USD : 2nd take profit, if you want more risk 13174 USD : The more realistic level to be reached for me. 14356 USD : This is the most risky level. But that level can be reached on a very impulsive (huge) candle move. (time will tell) USDT supply seems to be quiet and sustained at the same level. So bears are not really in control anymore. I still HODL, since price can still go down a bit before the bullish counter strike. Don't take my words for granted, do your analysis, analyze again then trade at your own risks. Don't hesitate to hit the LIKE BUTTON and SUBSCRIBE for more ideas to come. Thank you
BITFINEX:BTCUSDLong
by Atemak