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Buythedip

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.
BINANCE:ADAUSD
by Mr_Joshua_XRP
11
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..... Please get this technical analysis to 30+ likes to show your support for my constant work ethic to bring information and both sides of bias for you all! 👍
BITSTAMP:BTCUSDShort
by YurloTrades
13
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. Please get this technical analysis to 30+ likes to unlock the following post 👍 YouTube video will be uploaded within hours so be ready for that as there will be a TON of information you won't want to miss out on hearing! 👍
BITSTAMP:BTCUSDLong
by YurloTrades
18
BTCUSDT Potential direction (Estimate next peak in April)My very novice TA. I suspected that 42k (8th Jan) was the peak of that cycle & it would dip from there probably to 28-25k over a week or so, say by the 18th feb. That process held off for about a week but is now in full swing. I estimate that it could go to as low as 22 & then pop back up, & follow more or less within the range (Yellow plot), more or less a in fluctuating sideways direction, then gradually start coming back up again. With the next peak sometime in April, probably not drastically higher, but probably about 47k to 52k. Just an idea, not financial advice. I am short-term bearish as the December wave was far too frothy & clearly broke at 42k, and now that wave is still coming down, getting ready for the next set. If I look at the fib circles & sine waves, or atleast just visually with my very basic understanding, & then look at the MACD, there is still some more room to come down before it plateaus out. Then as I say I think it will go sideways, then gradually back up. There's so much institutional investment money pumped into it, but in every cycle, there's a dip, as sell orders get triggered & people cash out, before buy orders get triggered & people buy more. So that's my very novice TA.. Definitely not financial advice, I'm a construction worker, not a financial analyst lol. Just an idea & trying to see if i can map out the potential direction moving forward. Give it a like or some constructive criticism if you like. Look after yourselves, & buy the dip.. Peace :)
Long
by Destyd77
1
Promising Project Bad Timing To start this chart looks great, looks... There are currently 46.6M coins in the circulating supply. Starting tomorrow ~2 hours from now the remaining ~442M coins will be unlocked and distributed to SAFT Investors, Validators and Founders. (The Solana team likes to say they are transparent, but information given here: solana.com is severly lacking) A large portion of these coins will locked from trading for the upwards of two year, needless to say the coin supply will still be diluted starting tomorrow. I personally will be entering a large position, after the market crashes, laddering into my position. (I'm already in a small position presuming I've interpreted their transparency report incorrectly) Good Luck and Safe Trading.
BINANCE:SOLUSD
by CapitulationCalls
BITCOIN CRASH TODAY?? - Bearish setupHey there, Please support this idea with your likes, follow me and comment down below what you think. Read the text on my chart for more information. Bitcoin has heavy resistance around the 30k level and eventhough I would normally not go short in a bull market, I initiated a short position. Risk to reward is just too good for shorting up here. I WILL BUY THE DIP THOUGH!. 20k is final imo. Think we can bounce already in the 21-22k level! Cheers, Konrad
BITMEX:BTCUSD.PShort
by EnlightenedTrading
1
Buying All the DipsKraft Heinz chart screaming "buy our dips" ! This Buffet darling has taken a serious beating since inception, crashing as low as -80% off the all time high. Buying after an 80% crash is generally the right time to begin accumulating an asset if you believe it has long term potential. Evidence of accumulation is also bolstered by the clean H&S bottom forming with lots of volume being traded down at these levels, as evidenced by the volume profile visual range. Other bullish developments include the 200 dma flattening and beginning to slope up for the first time since the multiyear downtrend began. Additionally, if we invert the chart, we see an incredibly clean topping pattern that is just begging to crash lower and fill the gap. For these reasons I'm long looking for the gap fill and a move to the .382 fib of entire chart range. I took a position in some relatively cheap long calls, will update this post before they expire. Happy trading!
NASDAQ:KHCLong
by CalmCapital
3
Ethereum headed down to $400-$500. Buying opportunities ahead.We've hit a weekly timeframe support level which price seems to be have a hard time going though. Dropping down to the 1-hour chart I've drawn in several tools to help determine best for my next course of action and that's to wait for ETH can reach the $400-$500 again so I can buy up. Price since hitting the weekly resistance zone has present price reaction in a bearish patter as you can see within the channel in purple I've drawn in. Steam seems to be running out so I anticipate a quick drop down into my demand zone and then possibly moving back up from there. I would love to hear your thoughts guys on this and let me know if I could add anything. Much love and peace to all of you.
COINBASE:ETHUSDLong
by paperb0y
2