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Bounceup

BTC/USDT BITCOIN testing 45000 and support at the 21 week MABTC is following an upward trend but it has broken the first support and testing the second support. If it drops below 44000 then it may drop further. But keep in mind that this is still very bullish indeed and it could just be BTC cooling off. Another thing I noticed was the volume was low and there was a market manipulation when BTC went up the 48000 then dropped back to 46000. Good luck EVERYONE and trade money you can afford to lose only!
by GrimZert
1
SQ bounce of supportHi, This is my first time posting in the community. Basically, I want to give my overview of what I’m looking at on my prediction for SQ. I formed to two tread lines (one bottom and one top) that show support and resistance levels. Currently, I am looking at the hourly candle in which you can see it coming to support. The other indicators I am using are MACD and RSI. The MACD is showing that the price action is about to move in a bullish trend. The RSI is a bit low but the pattern is showing consolidation. Then I analyzed the 5 minute candles in which I see a symmetrical triangle pattern forming. I am expecting that SQ will bounce off that tread line and head towards an upward trend. One useful indicator I have been using is the 233 Exponential Moving Average which indicates an upward trend. Also, I am looking to go long or even possibly day trade within this week for options.
NYSE:SQ
by menjivar399
1
LUMN LONGLUMN respecting the trend its been on and I am getting long here. Stops below the trendline if we close and don't hold above it. With earnings coming August 11th and it still being a solid dividend payer I think we see this bounce back higher prior to the dividend date and then a sell off after people get paid. I'm personally buying shares and the 08/20/2021 $14 Calls. Keeping the position small and managing my risk. This is a slower move so make sure to get time if you play options.
NYSE:LUMNLong
by GravityTrades
BTC/USD - Update - 24.05 - Uncertainty rulesHello, traders! Starting from $59600 after Elon Musk's tweet, the cryptocurrency market followed the "eco-friendly" trend. Unfortunately, the trend turned out to be descending. Further, news from China contributed to the trend. First, the introduction of restrictions on operations with cryptocurrencies. Then news about the ban on "not eco-friendly mining". The sales were stopped by the buyers' control zone between the levels of $31000 - $37800. At the moment, buyers are making an attempt to pass the local resistance at $37800 and bring the price back above the main uptrend line. In the visible trading volume, we can see the $37800 - $47200 zone, where the trading volume is the smallest. This is the area where we should expect to see trading in the coming weeks. The sellers' control zone is located between the levels of $41600 and $47200. In case the price reaches this zone, we might see a second reaction from the sellers. In case the price goes above $39800, there may be a price squeeze between the sellers' and buyers' control zones, and the two trend lines: downward and upward. After that, the exit to the stronger trend will follow. The situation in the market is extremely unstable. Take care of your deposits and do not forget about risk management Good luck and watch out for the market P.S. This is an educational analysis that shall not be considered as financial advice
BITSTAMP:BTCUSD
by UnknownUnicorn10064030
High Upwards Potential - Bump and Run Reversal (BARR) in PlayCOINBASE:BTCUSD Looks to be a Bump and Run Reversal (BARR) bottom pattern already in progress. Most of these tend to be bullish especially in a bull market (duh, but important) which crypto itself currently is in. I speculate a successful double back-test and bounce off of the current trend-line that came down from our ATH. The last bounce off and a clue towards the timing may depend on when the 100 EMA crosses that trend line. The price was hovering near the 100 EMA very recently so it would make sense to test it again. If successful then BTC will resume the upward trend towards a new ATH. I would speculate a new ATH will be accomplished by the end of next weekend (Happy Mother's Day indeed!!). If any bounce off the trend line fails (less likely as not in a bearish market) then I would speculate BTC will head towards the lower 40k USD region soon after. This idea comes from the book Encyclopedia of Chart Patterns by Thomas N. Bulkowski. Must give credit where it is due! Happy trading to everyone!! Hopefully this gives many something else to think about. ***Disclaimer: I am not a financial professional/expert and all ideas from me are all speculation based off of my own research. Please do your own research as well as I am not responsible for others when it comes to their financial decisions.***
COINBASE:BTCUSDLong
by WITSIT