Dump
BTC/USD - Weekend dumpDears,
You know the dump was in the night between Suturday and Sunday... When almost everybody rest...
You know there was a lot opened long-positions with strong leverages...
You know that happen when CME was closed. And you know I am not talking about gaps (I do not believe in gaps), but some CME contracts tonight could be settled...
You know there would be price movements tonight...
Which move to expect on Monday and Tuesday? I have my own guesswork, however, everybody should have their own...
Best regards,
Paweł
P.S.
Do not use high-leverages! Personally, I NEVER EVER use more than 6x.
However, if you are the Muslim, leverages are HARAM - as you just could see, for really good reason!
$APP is giving a GREAT IPO SHORT opportunity todayIPO intraday trading strategy idea
AppLovin provides tools for mobile app and game developers.
The share price is falling and gonna continue this trend today.
The demand for shares of the company still looks lower than the supply.
These and other conditions can cause a fall in the share price today.
So I opened a short position from $69,10;
stop-loss — $73,50
take-profit — $56,00/MOC price
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
XRPUSD Ripple - How everybody looks at it, Best ConfirmationCrazy moves on XRP.
Probably most of the investors/traders are crying right now. The reason is because they missed on this big move but why?
Due to their emotions. That was the best confirmation for me why I was still holding XRP and still publishing here new Updates to remind everybody about it that a huge pump will occur.
The first time when I made an analysis on XRP was at 0.20$
I presented so many confirmation about why this is so logical that this thing should take off and it did.
My best confirmation was the emotional aspect of the majority. This is how investment works. Whenever the majority are super confident about an Investment Instrument to go to 0 or considering it as an bad business you should open you eyes and attack at the right point(price). Whenever the prices are low the majority are scary. After the price is pumping everybody is looking to buy. But it is too late.
This is exactly what happened when XRP faced the lawsuit with the SEC. Everybody was selling and so many investors bought that market a few days before due to that strong % growth (+250%). A few days later there was a *reason* to dump xrp. That made it even more attractive to buy it after that huge drop.
Boom here we are ;)
Pay attention, bitcoin is endangered about a short-term DUMP!I'm happy to start the month with a little bitcoin update. Although in recent days we have been trading quite bullish, bitcoin currently broke out of the ascending channel that was driving it to always point upwards ⬆️⬆️
If we cannot return to it (closing 4H candles above 59250) we can see the price action a little bearish, visiting 58,200, 56,200 and close to 54,400. ⬇️⬇️
In case this happens it would be juicy to re-take many positions at better prices.
Resume: INVALIDATION: Close above 59250 in 4H chart if happens we flip to long and nothing happens :)
BITCOIN Price CRASHES! WHAT NOW?In the last couple of hours, the price of bitcoin has quickly rallied down back to $58,000, at one point reaching $56,800, after not being able to break through a key resistance level that I have drawn using a Pitchfork.
The price quickly rallied up to $59,700 before crashing. This could have been caused for many reasons. It could have been caused by a very quick rise in price that caused the collapse, or a very big volume of bearish orders at that moment. The price has finally caught up and has gone back into previous key positions that allow us to determine its next moves better.
The drop might have been not too big, but amateur traders started selling off there assets too quickly after seeing a small drop in price.
Mind that the price never totally wen out of my graphs and actually bounced off a key support level. It has been retesting a specific Fibonacci level for hours now, but might make a slow rise back to the top starting from now.
This is the best example as to why you should not sell your assets so quickly.
The cycle will continue and BTC will rise back!
Thierry
This analysis is only for educational purposes.
$ZH is giving a GREAT IPO SHORT opportunity todayIPO intraday trading strategy idea
Zhihu is the largest Q&A-inspired online community and one of the top five comprehensive online content communities in China, both in terms of average mobile MAUs and revenue in 2020, according to CIC.
The share price is falling and gonna continue this trend today.
The demand for shares of the company still looks lower than the supply.
These and other conditions can cause a fall in the share price today.
So I opened a short position from $7,91;
stop-loss — $9,26
take-profit — $3,86/MOC price
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.