Microstrategy
Stocks - MSTR Short (S1)Idea for MSTR (S1):
- Price is in a down Trend.
- Price is making new lower highs and lower lows.
- Clear Distribution pattern.
- CEO Saylor make a grave error in doubling down on Bitcoin using junk debt.
- I am short junk bonds.
- Microstrategy's implosion will be extraordinary.
- Shorter timeframe excellent short entry with good R/R:
GLHF
- DPT
Who Is Driving BTC Price? MicroStrategy Based On Elliott WavesHello traders!
Today we want to show you how strongly MicroStrategy and Bitcoin are correlated, so it can be telling us who is driving the price of Bitcoin.
As you can see, charts are in tight positive correlation and looking at the wave structure of MicroStrategy from Elliott Wave perspective, seems like one more leg down is missing to complete a five-wave cycle within wave (C), therefore BTC may stay down or sideways for some time.
From psychological point of view, many new Crypto traders are buying dips now in fear, desire, and greed not to miss again, so in Crypto market is always dangerous when the price turns for 50% from the highs, so we have to be very smart and patient.
We actually believe that BTC is still trading in a correction, it's just a higher degree corrective phase which can be a bigger one and it may take some time to make traders insecure and impatient before bulls show up again.
Be humble and trade smart!
If you like our idea, then please like and share it.
Disclosure: Please be informed that information we provide is NOT a trading recommendation or investment advice. All of our work is for educational purposes only.
MicroStrategy - Easy MoneyThe stock just hit the green support line. To be conservative, I waited for confirmation and the stock has already climbed 100 dollars in the last 3 days. Now, assuming the trend continues, where the stock flits between support and resistance, an easy 220 dollars can be made in the next week or 2 (920-current price)
Tell me what you think, like and follow:)
Binance has added stock tokens of Apple, Microsoft, and MicrostrBinance has added stock tokens of Apple, Microsoft, and Microstrategy!
Many junior traders are eager to trade stocks, but they do not start trading due to overregulation and intermediaries. These people joined the ranks of crypto traders because they felt freedom in this market.
Leading cryptocurrency exchanges provide the ability to trade tokenized stocks as well as cryptocurrency. It is an essential tool for developing the stock market into the crypto sphere, allowing crypto traders to buy and sell stocks while avoiding the complexities of regulation.
Tokenized stock assets are an excellent choice for traders who want to diversify their investment portfolios and don't want to make unnecessary operations to transfer cryptocurrency to fiat to purchase shares.
The shareholders of the company are entitled to dividends. The owners of the tokens will also receive them. It is also important that you can buy shares in part, which sharply lowers the entry threshold for investors.
Tokenized stock trading is provided by Binance, FTX, Bittrex, Currency.com.
Best regards EXCAVO
MSTR - MicroStrategy - Inverse Head and ShouldersPotential Inverse Head and Shoulders pattern present on MSTR, for those looking for a stock play on Bitcoin.
For a more conservative entry: break above $890 = breakout of the Inverse Head and Shoulders, more aggressive entry would be to enter now, prior to a confirmed break, this is risker (as the move has not be confirmed) however the distance to the stop loss is significantly less.
Stop Loss = Close below $520
-TradingEdge