Bitcoin (BTC) Decision Points! Where's it Going?I currently have the 4hr Bitcoin chart up with major support and resistance lines, along with trend lines. I also overlaid it with my Trend Fusion indicator.
As you can see, the major trend line along with the resistance line intersect at $44,654 (circled in green). I believe this will be an important point for Bitcoin. We'll need to at least hold above its previous swing high at $45,443 if we want to have any chance of regaining that bullish momentum. If not, then we'll look to test our bearish scenario.
For the bearish scenario, we have major support at $42,213 (where I have the trend line support and major horizontal support). If we can't hold this level then we're going down to $41,067 and going to retest our swing low at $39,863. I HIGHLY believe if we can't hold that support level then we're going a lot lower and will have officially entered a bear trend.
If you have any questions on the trend lines/horizontal S/R lines I drew, or my indicators, please feel free to comment below or DM me :)
Buysellsignal
When is the Best Time to Buy & Sell ?
📊 When Is The Best Time To Buy & Sell? 📊
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The two most important decisions an investor will make are when to buy and when to sell. The best time to buy is when others are pessimistic. The best time to sell is when others are actively optimistic. When buying, remember that the prospect of a high return is greater if you buy after its price has fallen rather than after it has risen. But caution should be exercised. For example, after the stock of fictitious Company X declined by 30%, 40% or more, the first question to ask is why. Why did the stock fall as it did? Did other stocks in the same industry experience a decline? If so, was it as severe? Did the entire stock market fall? If the broader market or other stocks in the same industry/sector performed relatively well, there may be a problem specific to Company X. It’s best to adopt a buy/sell discipline and adhere to it. Benjamin Graham, the father of value investing, once said, “The buyer of common stocks must assure himself that he is not making his purchase at a time when the general market level is a definitely high one, as judged by established standards of common-stock values.” His reference was to what we discussed as fair value under the section Stock Valuation above.
SAND at breakout level ???Will SAND breakout from here???
When we look at the SAND-USDT chart we can see that SAND sits in a symmetrical triangle which most of the time breaks out to the top.
My fist target is the 4h 200 Moving average @ 0.42 and hopefully find support on the .328 fib.
My targets for the long run:
°0.384 (.382 fib)
° 0.449 (.5 fib)
° 0.515 (.618)
° 0.608 (.786)
° 0.664 (.886)
° 0.727 (1)
Don't forget to get profit or set alerts when we hit the next fib levels.
You can always buy it back when it is tracing back to a lower support level. It will not go in one straight line up.
Also keep a close eye on BTC . If BTC starts to pump it is better to move some of your profits into BTC .
Your end goal should always be to increase your BTC amount.
Cheers and have fun.
° Be Patient – Don’t panic – Trade Emotionless.
° Never lose a winning trade. You can always get back in later.
USDCAD POSSIBLE MONTHLY STRUCTURE OLHC (BUYS)Please support this idea with LIKE if you find it useful..
USDCAD POSSIBLE MONTHLY STRUCTURE OLHC (BUYS)
Monthly Structure for USDCAD appears to be OLHC (open low high close) which means we are going in for long term monthly buys once price finds a strong support with daily candle closing with TDi Priceline crossing.
Priceline must cross above bloodline in the Daily time-frame to confirm the presence of buyers in market.
Trade with Caution. Wait for valid entries.
P A T I E N C E + D I S C I P L I N E
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RLX Technology 4Q Profit Exceeds Analysts’ ExpectationsRLX Technology’s (RLX) 4Q earnings came in at $0.05 (RMB0.292) per share, versus the consensus estimate of $0.04 per share. The company reported a loss of RMB0.029 per share in the same quarter last year.
Net revenues of $248 million (RMB1,618.5 million) more than tripled from the year-ago period together with gross profits, while total operating expenses increased significantly.
On March 12, Citigroup analyst Lydia Ling initiated coverage of the stock with a Buy rating and a price target of $20 (119.3% upside potential). (smarteranalyst.com)
My target for now is $10.66.
If you are interested to test some amazing BUY and SELL INDICATORS which give the signal at the beginning of the candle, not at the end of it, just leave me a message.
The Volume Extractor & Whales Buy-Sell Indicator Called the Top!Looking at the 1hr chart for BTC /Binance, we can see that our Whales Buy-Sell indicator and Volume Extractor indicator called the top perfectly with 3 red diamonds and a Sell signal! We can see that Bitcoin couldn't hold above our support at $56,440 and went to retest the Daily diagonal support of $56,100. Unfortunately it fell through that diagonal support down to our next support of $54,300. Not being able to hold that either, it fell to our current support of $52,386.
A few key takeaways from this breakdown:
1. We were right above a key support level (meaning if we broke down, it could break down violently)
2. Our MACD was losing momentum and went from a dark green bar to a light green bar (indicating sell pressure)
3. Our Volume Extractor indicator was flashing 3 red diamonds in a row which is a STRONG sell signal while our Price Extractor indicator was near the top of it's BBs but not quite crossing out of them (more overbought indications)
4. Our Whales Buy-Sell indicator flashed a sell signal after all of this to confirm the downtrend
5. All of this combined, caused the breakdown you see before you
Our next support level is $51,614 followed by a strong support of $50,000. Currently we're starting to get reversal indications on the 1h, seeing how our Price Extractor is flashing an oversold signal but it's still too early to tell. The $54,300 level has now become resistance and I'm looking for us to break above that if we're to continue our uptrend.
If you have any questions about the indicators I used or would like to purchase the Whales Buy-Sell indicator or Volume Extractor, please PM me :)
DISCA Discovery selloff targets to watchIn the last 6 months DISC Discovery went up 280% which is a bit concerning.
You can see in the chart the targets to watch and also the area that i intend to long DISCA once again.
ANALYST RATINGS:
3/23/2021 UBS Group Downgrade $24.00 ➝ $46.00
2/23/2021 Wells Fargo & Company Boost Price Target $42.00 ➝ $65.00
2/23/2021 Barclays Boost Price Target $29.00 ➝ $34.00
So buckle up for a selloff?
If you are also interested to test some amazing BUY and SELL INDICATORS that i use, which give the signal at the beginning of the candle, not at the end of it, just leave me a message.
VWAGY Volkswagen a real Tesla competitorIf you haven`t bought the dip of my first idea, at $141:
Or you haven`t seen the sales comparison of these giants:
Then you should know that Volkswagen could surpass Tesla in electric-car sales as soon as next year.
If the market were to apply multiples similar to Tesla and Nio Inc. to VW’s battery-electric vehicle business, it would be worth about 195 billion euros ($230 billion), more than all of the company is worth now, analysts led by Tim Rokossa wrote in a report Monday. They lifted their price target for VW shares by 46% to 270 euros. (bloomberg.com)
The indicators are bullish on all timeframes!
If you are also interested to test some amazing BUY and SELL INDICATORS that i use, which give the signal at the beginning of the candle, not at the end of it, just leave me a message.
ODT Odonate Therapeutics all time low! Buy oportunity?Following feedback from the U.S. Food and Drug Administration (FDA) in a pre-New Drug Application meeting, Odonate Therapeutics, Inc. (NASDAQ: ODT) has concluded that the clinical data package for tesetaxel is unlikely to support FDA approval. Therefore, Odonate is discontinuing the development of tesetaxel and will wind down the operations of the Company.
As of December 31, 2020, Odonate had $157.3 million in cash, compared to $180.5 million as of December 31, 2019. (businesswire.com)
ODT Odonate Therapeutics MARKET CAP 147.784M
That`s less than its cash balance!
The indicators showed a sell signal just before the selloff.
I know it`s a speculative buy, buy it worth the risk?
What is your opinion?
If you are also interested to test some amazing BUY and SELL INDICATORS that i use, which give the signal at the beginning of the candle, not at the end of it, just leave me a message.
CPRX Catalyst Pharmaceuticals $40M Repurchase P/E Ratio 6.5 WOWCatalyst Pharmaceuticals is a biopharmaceutical company that specializes in therapies for rare neurological and neuromuscular diseases. It announced its fourth-quarter and 2020 financial results on March 15, 2021, reporting a 16% increase in revenue for fiscal 2020 and a 30% increase in operating income. (investopedia.com)
The company posted adjusted earnings of $0.11 per share, up 57% year-over-year, with the figure exceeding analysts’ expectations of $0.09 per share.
The company remains focused on acquiring or in-licensing innovative, technology platforms and early stage programs in therapeutic areas different from neuromuscular diseases. (smarteranalyst.com)
CPRX it`s an easy 50% in my opinion.
$40 Million Share Repurchase.
Market Cap 453.715M.
PE Ratio (TTM) 6.15.
75mil revenue, 119mil earnings in 2020
haven`t seen such a great balance sheet on a penny stock.
now trading at 4,94usd.
3/18/2021 Roth Capital Boost Price Target Buy $6.50 ➝ $7.00
H.C. Wainwright analyst Andrew Fein reiterated a Buy rating on the stock with a price target of $9
If you are also interested to test some amazing BUY and SELL INDICATORS that i use, which give the signal at the beginning of the candle, not at the end of it, just leave me a message.
How to spot the Perfect Entry using the BuySell indicators I had a question from a trader who asked me about how to filter the noise around the many buy and sell signals of the Perfect Entry and Confirmation Entry indicators. And he wanted to buy ONTX but the signals weren`t aligned. He uses 7h timeframe, which is close to one day.
This is the case study:
In the picture you can see the 2 indicators showing a BUY SIGNAL ON THE SAME CANDLE, inside or close to exiting the GREEN (OVERSOLD) AREA, on RISING VOLUME, combined with a BULLISH DIVERGENCE.
This is a pattern to follow for a perfect entry that can signal a major breakout in other stocks!
The first Sell from the Confirmation Entry indicator was at 0.43usd, so almost 3X!
At that point the price was 0.16 usd. now it`s 1.20usd.
So 10X!
If you are also interested to test some amazing BUY and SELL INDICATORS that i use, which give the signal at the beginning of the candle, not at the end of it, just leave me a message.
PNB Analysis Positional March 2021Refer to chart for more details. PNB forming the head and shoulder pattern, on the otherhand has kept the support line accelerated. Breakout with strong momentum on both side may lead to a market move, but direction is highly unpredictable. Please keep these support and resistane levels handy.
Trading is subject to market risk. Step as per your risk appetite under professional supervision.
KMPH Kempharm targets after the volume spikeTarget 1: $29
Target 2: $45
Target 3: $80
If you are interested to test some amazing BUY and SELL INDICATORS which give the signal at the beginning of the candle, not at the end of it, just leave me a message.
Breakout in Synthetix (SNX) What it is and how to eat it, 2x soSynthetix (SNX) What is it and what is its use?
SNX Total Marketcap Value:
$ 2,202,648,474
Has entered SNX in 24 hours a total of:
228,996,693
At a technical level
SNX / BTC only in this pair
has formed a breakout triangle with a candle that has formed above the triangle confirming a bullish breakout
But based on market sentiment, he indicated price zones at the close of the triangle, expecting a pullback next to happen.
For the take profit I have used moving stockings and fibonnaci
Marking the objectives like this:
Shopping area
0.0003783
0.0003463
take Profit 1
0.0004265
Take profit 2:
0.0004538
Take profit 3
0.0004965
The macd still does not close on the signal line confirming the rise therefore it is my confirmation to wait for a retracement
The rsi indicates an intermediate price level it does not yet mark an upward formation as such, therefore it will help me to enter the next price drop will happen
But what is it
Summary¶ Synthetix what it is and how it is eaten,
Synthetix is a decentralized synthetic asset issuance protocol built on top of Ethereum. These synthetic assets are guaranteed by the Synthetix Network Token (SNX) which, when locked in the contract, allows the issuance of synthetic assets (Synths). This joint guarantee model allows users to convert between Synths directly with the smart contract, avoiding the need for counterparties. This mechanism solves the liquidity and slippage problems experienced by DEXs. Synthetix currently supports synthetic fiat currencies, cryptocurrencies (long and short), and commodities. SNX holders are incentivized to stake their tokens as they are paid a prorated portion of the fees generated through activity on Synthetix.Exchange, based on their contribution to the network. It is the right to participate in the network and capture the fees generated by Synth exchanges, from which the value of the SNX token is derived. Operating on Synthetix.Exchange does not require the operator to have SNX.
SNX as a guarantee
How SNX Supports Synthesizers
All synthesizers are backed by SNX tokens. Synthesizers are minted when SNX holders stake their SNX as collateral using Mintr, a decentralized application for interacting with Synthetix contracts. Synthesizers are currently backed by a 750% guarantee ratio, although it may be increased or decreased in the future through community governance mechanisms. SNX users incur debt when they mint synthesizers, and in order to exit the system (that is, unlock their SNX) they must pay off this debt by burning synthesizers.
Synthetix is also testing Ether as an alternative form of collateral. This means that traders can borrow Synths against their ETH and start trading right away, rather than having to sell their ETH. Betting ETH requires a 150% collateral ratio and creates debt denominated in ETH, so ETH players mint SETH instead of sUSD and do not participate in the 'combined debt' aspect of the system. In this model, ETH bettors do not receive commissions or rewards, as they are not at risk from the debt pool.
Why do SNX forks bet?
SNX holders are incentivized to stake their tokens and mint Synths in a number of ways. First of all, there are trade rewards. These are generated every time someone exchanges one synthesizer for another (i.e. on Synthetix.Exchange). Each trade generates a trading fee that is sent to a fee pool, available for SNX players to claim their share each week. This fee is between 10 and 100 bps (0.1% - 1%, but normally 0.3%) and will be displayed during any trade on Synthetix.Exchange. The other incentive for SNX holders to bet / coin is SNX gambling rewards, which come from the protocol's inflationary monetary policy. From March 2019 to August 2023, the total SNX supply will increase from 100,000,000 to 260,263,816, with a weekly decay rate of 1.25% (as of December 2019). Starting in September 2023, there will be annual terminal inflation of 2.5% in perpetuity.