APPL and TSLA RETURN TO THIER HIGHS!!!Listen and watch my charting and projection on TSLA and APPL!!! I Hope you learn something show some support if you enjoy!!!!
Buythedip
$TQQQ $87 A Healthy CorrectionThe market has been a bloodbath the last 4 trading days. We saw share price across the board easily correcting 5%, 10%, 12%, and even 15% each day.
However, I believe that the correction is not over yet. We will likely re-test the support of the bullish channel at around $84.32 to $87.27. This is a very healthy correction that is long overdue. Use this opportunity to load up on shares of companies that you believe in by buying the dip because fundamentally, there is nothing wrong with a lot of the companies that are experiencing the dip.
My target is $87.27. Please set SL based on your own risk tolerance.
This is not investment advice so please do your own due diligence!
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Bottom reached?Let's see if the 49-51 levels will hold. Volume is still extremely low, hinting to the fact that not many IF ANY institutional owners are selling. Added to my personal position at these levels, always be ready to average down for moments like this.
Worst case, we might see mid-low 40s again, although fundamentally I highly doubt it. The longer a stock goes sideways for, the bigger the move will be. Patience is key here!
DraftKings LongPlayA Well Respected channel clearly in a continued uptrend, I anticipate a pullback to the given support in the chart before a continuation to the upside .
Ensure to plan your trade , Entry , Exit , and SL ...and dont get greedy ...take profits on the way up ....Thanks For stopping by . ..Appreciate the support , show your appreciation with a Like/Follow and feel free to comment .
BTC - Trade the trend until It breaks Well BTC is still retaining its bullish market structure and no doubt will continue to punish those who short every new ATH .
Everyone seems to be calling for a big correction but lets be honest if everyone is calling for it does that mean they get it .
As the title says "Trade the trend until it breaks " and right now there is not much to indicate that the correction is here although of course that can change but until then trade what you have and that is Bullish MS.
The CME closed on friday at 55900 so there will be a gap to consider that most likely gets filled when we pull back .
If you dont have a position and are looking for a possible entry then this seems like a good area to look for longs .
Volume Profile aligns nicely with the 618, 9EMA and the CME Gap .
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USO - very bullish on oilAnyone with a brain knows where we are heading.. Take a lesson from Texas. Long here for USO and Oil and gas in general. Especially with a Biden admin. Opposites attract...
Good luck!
BULL TRAPesaurus REX"B waves are phonies. They are sucker plays, BULL TRAPS, speculators' paradise, orgies of odd-lotter mentality or expressions of dumb institutional complacency (or both). They often are unconfirmed by other averages, are rarely technically strong, and are virtually always doomed to complete retracement by wave C. If the analyst can easily say to himself (or herself), 'There is something wrong with this market,' chances are it is a B wave".
- Robert Prechter
The Elliot Wave Principle: A Key to Market Behavior
A lot of bearish divergences across TFs.. This AB movement has been anything but pretty -random volume, bearish patterns breaking bullish, a speculative FRENZY.
Profits will be taken. Don't get eaten by miners.
eth still looking great, to meeth has been repeating the same thing over and over and this looks like another chance to buy the dip at the bottom of one of these channels, obviously the arrow does not represent the exact path it is just an estimate, draw the trend lines on your own chart and do your own DD of course but if you where waiting for a chance to buy eth at lower prices it looks like your about to get it. If this plays I believe the end result will be a clean break above 2k for good (excluding wicks and dumps caused by papa BTC)
SPX1H looks to be setting up an IH&S pattern that will break up to ATH's I still think this correction is almost over and we continue higher. Possible correction around 4800
ADA Breaking Down Trend Possible Bull RunWith ADA reaching highs of $0.97 last week Thursday will its break the $1.0 mark this week? ADA has just broke a down trend resistance and it looks like its on its way up. Lets see what the next few hours bring. A clear run on the upside would set it off all the way to $1.0 by the end of the week.
Happy trading.
VERIZON LONG OPPERTUNITY LOVELY RETRACE LOOKS COMPLETE AFTER SETTING A NEW ATH .....NOW TIME TO LONG ...TARGET .382 +.618
Breakdown from Ascending Wedge could be good entryFinishing the ascending wedge pattern, looking like it might break out to higher highs.
Volume is also declining up to this final point, suggesting highly volatile price very soon.
A dump down could find early support and be a good entry point to continue price discovery towards 2300.
UBERWe are in price discovery, dips are for buying. This stock could hit $200 plus in few months. LT super bullish here I buy and hold and dream.
ADA is going to correct before the explosion to $.90Bearish divergence everywhere.
It's originally evident on the daily chart and confirmed on the 4hour chart.
Bearish on the climb, and bearish on the the MACD.
Upside: most cryptocurrencies, at the first sign of bearish activity, drop like a rock. Being that even after 2 attempts (candles) to short Cardano, it kept rising.
If we do go into a correction period, I foresee ADA correcting to then rebounding past our planned short at $.90. If this rebound takes us to the end of February, then I can see the price going past a dollar and into ATH. Coinciding with the full implementation of Goguen.
I'm going to remain neutral right now. IF Cardano even dips, I'm going to buy the dip at the 2nd confirming upside candle on the 1hr chart. And standby for the Moon.
If Cardano continues to climb, and this is our correction then I'm going to DCA into a larger bag.
Enjoy the ride.
Happy trading my friends.
NOT FINANCIAL ADVICE.
Buy the DIP!After the bitcoin pump. Now might be a good time to convert your BTC to ETH or other relevant DeFi coins.
Zil about to break out; 73% potential gains from current entry.Checklist:
Higher high: check
Increasing volume: check
RSI bounce off support: check
MACD about to cross to the upside: check
Breakout from triangle is near, enter now with a 5%-10% SL as the current daily candle hasn't closed to confirm the HH, or wait for the breakout and retest for maximum safeness.
TP 1: 25%-50% at 0.12
TP 2: 25%-50% at 0.16
Buy the dips with profits.
PINS limit buys.I love PINS and want to buy more shares on the dip. Since PINS had such a huge run, I don't have many support/ resistance lines to use as a reference. I'm looking at the fibonacci and EMA's to establish my limit buys. You can see the 50EMA crossing the 0.786 fib and 100EMA crossing the 0.618 fib. The last dip buy is the top part of the gap. I hope it never gets there but in the case.. I'm buying.
Enjoy.
Possible Buy the Dip - Decreasing Volume and Decreasing PriceWhile i'm unsure where I want to enter, I want to note that BB for the past two days has decreased in price while decreasing in volume. This could be a great zone to buy the dip. Personally I'm looking for a volume shelf to form possibly near 12.5.
Fundamentally people are just realizing that BB is a software company these days, occupying key niches of the market.
Short term bearish scalp idea ($33,000) Buy the dip (Bitcoin)Good morning traders,
Elon musk put Bitcoin in his bio on twitter and within 45 minutes we pumped $6000.
I'm targeting $34,500 and that's exactly where I'll be buying the dip going into Monday as long as this descending triangle holds and he make higher lows going into next week.
$29,200 may have been the bottom and could be why it got bought up so fast.....these big institutions wanted cheap bitcoin and we're literally seeing financial revolution. Elon musk said shorting markets should be illegal and i'm sure this is him and his massive ego making a statement that he is the most powerful man in the world and he can do whatever he wants.....this is now elon musks playground.....get ready for an absolutely insane month of February.....
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Bullish breakout confirmed (buy ALL dips) FEBRUARY WE MOON (BTC)Good morning traders,
We just confirmed a breakout, and any retest inside the descending triangle is a solid buy to me.
Yes over the weekend we may see sideways or little dumps to scare retail away but I'm 110% sure in February we'll be printing new all time highs and make our way to $50,000 and then $100,000 in coming months.
Buckle up boys, 2021 is about to be a movie!
From now on, any short position I ever get into will only be for a quick scalp in and out with a specified target.
My previous bearish posts have all been invalidated and as you know a few posts ago I suggested we could have seen the biggest fake out in bitcoin history and that's exactly what I think has occurred now that this move happened.
$32,500 - $34,500 would all be good buys and just be prepared for traps to be set in place over the weekend.
I'll never fall for any bearish tricks again, this is a bull run and we're nowhere near the top.
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