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Buythedip

LONG - Dow Jones Industrial Average (DJI)Hi there! This idea/trade is pretty simple and it comes up few and far between. It is strictly based on price and nothing else. Human nature never changes and it's interesting that the two times this has happened in the past were also during "panics". These trades typically last a few months so just keep that in mind. The details are below. All the best, Andre CHART INTERVAL 2W (2 Weeks) THE SIGNAL When the close is more than -3 standard deviations below the 20 period linear regression on this time frame, it indicates an amazing long opportunity. The exit is a 2W close above a 10 period simple moving average. THE RESULTS This has only ever happened twice: First Time Entry: November 11 1929 @ the open (220.39) Draw down: -11.36% Run up: +24.78% Exit: February 2 1930 @ the open (270.54 +22.76%) Second Time Entry: October 26 1987 @ the open (1839) Draw down: -5.72% Run up: +13.00% Exit: February 29 1988 @ the open (2032.20 +10.51%) THE RISK As you can see from the trade draw downs the maximum is -11.36%, of course it is absolutely possible to exceed that. **Important: Remember that leverage increases the draw down number... i.e -11.36% with 3x leverage is -34.08%***
DJ:DJILong
by GlobalMarketSignals
1
APPLE ($AAPL): Should We Buy the Dip (if We Ever Get One)?✨ New charts every day ✨ Like, Comment & Follow to help the community grow 🎉🎉 --- Apple is coming off of good earnings and their new series of upcoming iPhones was just leaked (so far there seems to be a warm reception). With a strong uptrend and a monster of a company, it seems unwise to do anything other than look for a long position. With that in mind, one could argue the tech sector is a little overextended and running right into resistance here, not only is that true for the sector, it is also true for AAPL as well. The bet here is that despite tech and Apple being bullish overall, a pullback for Apple if not the whole sector is in the cards first. The goal would be to find an entry at support and ride this monster of tech back to resistance if not beyond to new all time highs. Resources: appleinsider.com + www.earningswhispers.com --- 1. Fractal Trend is showing a strong uptrend (Aqua bar color) on the 2 hour chart. The pullback to the S1 and S2 support levels should still be contained within the uptrend and not initiate a trend change (bar color change). 2. With this strategy, we we want to enter long on bullish order blocks plotted by Orderblock Mapping (Blue) and bullish S/R levels plotted by Directional Bias (Blue). 3. There are two really clear levels of resistance from the range formed in the earlier part of the year. We are looking at those Bearish levels (Red) to initiate a healthy correction to our S1 and S2 levels. 4. With that all in mind, we will exit positions if Fractal Trend changes color, at any point. This will help to lock in profits and limit risk if Apple can't retain its uptrend.
NASDAQ:AAPL
by AlphaBotSystem
3
OFF TO THE RACES - Hope you bought this dipHey there, support this idea with your likes please and make sure to follow me here on TV! Classical ascending triangle on Bitcoin as the most trustable reversal pattern in my opinion. I would now expect a consolidation here between 6k and 7k befor moving higher to 8k+. If we really manage to get to 8k this week, then this will the an amazing reversal engulfing candle on the weekly. Until then, while it is still possible to reverse and move lower, especially short term, I think the low is in with 95% certainty. Accumulating down here is the thing to to people. Even if we move sideways for multiiple weeks and months like we did back in 2014/15, the time to buy is now, when everyone is panic selling and fear is great. Take a look at the Bitcoin-fear-and-greed-index. ALL TIME LOWS Cheers, Konrad
COINBASE:BTCUSDLong
by EnlightenedTrading
BITCOIN - WHAT YOU NEED TO KNOWHey there, Thank you for supporting this idea with likes and make sure you follow me here on TV. so I think everyone in this space saw what happend yesterday. The biggest percentage and point drop in Bitcoin in all of its history. A rounded 40%decline in 1 day. An incredible number for any trader. There are now some key questions to be asked: What really valuable asset is able to drop 40% in one day? What could have caused this spike and will it happen again? Is this the end of Bitcoin? To all of these questions, I sadly cannot anwser. You have to decide for yourself wether or not you still see value in Bitcoin. It is very significant that Bitcoin broke the bottom growth of curve of the data science models and has not yet managed to come back up to those. While I do think that this is the final capitulation some people like Tone Vays have been waiting for and that the bottom is now in, I too am troubled and have doubts in the real value of Bitcoin, if it is able to be manipulated by this degree. Of course no fundementals have changed and Bitcoin is still the same as yesterday and the day befor, I do have doubts, wether or not people will accept it as a store of value, if even after 10 years of existence, Bitcoin just now had its sharpest and steepest decline in 1 day. So there you go. Technicals are not really applying here imo, since this is beyond any comprehensible movement. Now is the time to BUY THE DIP. Even if I have doubts now, I have learned that it often is best to buy BTC when everyone is doubtful. Oh and btw, there is now a 3DAY 9 buy of the TI Indicator Sequential, so this could be your time to buy. Cheers, Konrad
COINBASE:BTCUSDLong
by EnlightenedTrading
Beware the head and shoulder pattern nonethelessIn my last idea, I was confident about this moment, and I said it's a good one to buy some coins, but I wasn't aware of what might be coming. As we can see on the chart, after the last upward trend, we might be on our way to forming a right shoulder, which could complete a head and shoulders pattern and announce an even deeper pullback afterwards. From the TradingView Wiki Head & Shoulders Top (Bearish) 1. The left shoulder forms at the end of an extensive advance in price. The move generally occurs during a period of high volume . After the move up (peak), price declines to an extent to form a valley. 2. From the valley formed at the end of the left shoulder's formation, price then rises once again to a level that is higher than the peak of the left shoulder. This move is accompanied by either normal or high volume . Then, just like the left shoulder, price then reacts and falls again on low volume. The valley should be right around the same level as the previous valley formed at the end of the formation of the left shoulder. 3. The right shoulder then begins formation. The right shoulder in general is formed on lower volume than both the left shoulder and the head. The key aspect of the right shoulder is that its peak must be lower than the peak of the head. 4. Once both shoulders and the head are formed, the pattern is essentially complete. For the formation to be valid, a horizontal line known as the neckline should be able to cross through all three sections with the two valleys between the head and both shoulders resting on the line. 5. Now that the Head & Shoulders pattern has been formed, all that's left is price confirmation. If price proceeds to fall below the neckline , this is considered to be confirmation of the bearish setup. Indeed the left shoulder occurred at moment of high volume, and this volume has been dropping ever since, with a small increase during the forming of the head, as we can see on the chart. Furthermore, if the MACD fails to pick upward momentum, if might lead to a lower high, with a further fall in price. So this may be a good moment to buy the dip and to make some profit, but also the last one, at least for a while. That's why we should be on the watch during the next days and week to see how things develop, and that'll tell us how to act accordingly. We'll be on the watch to see if prices cross the neckline and if bulls fail to pick up momentum and finally a right shoulder is formed. For more information we can read the Investopedia article too, which offers good explanations and an educational video about this pattern.
COINBASE:BTCUSD
by UnknownUnicorn5586743
2