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Some TA and Fundamentals to keep in mind for DIP buyers Hello all. Today we'll be looking at some of the things i am concerned about trading the current bitcoin price action. I have written most of my thoughts in the charts. Some other things you should keep in mind are - Bitcoin dominance has acted very suspicious since the dump to 20k its not giving me confidence. Ether dominance has gone up significantly and has gained significant market share. The flippening could happen - so thats a thing y'all should keep in mind. Short term price action on bitcoin is absolutely brutal - There are no easy levels to trade here other than 18k and 24k. It's a big range choppy price action , and i think macro is playing bit of a role in the current btc dump. Over all if you are bitcoin believer know how to manage your risk - We all know how brutal bitcoin dumps can be. All the best guys - my trade idea on how to DCA for this is written in chart. The bitcoin halving is 625 days away! That's a long time and a lot of stuff can happen during this time!
by one-two
2
DOGE TRADE UPDATE| TUESDAY | 27/12/2022DOGE trade update Partials were taken out as stated with stops at breakeven when price tapped into the minor resistance as shown above. First position was closed out at breakeven leaving my second position running now. However, if you want to bag the profits please do so as we are heading into the end of the year whereby it's not an ideal time to be trading. Ideally wait for a break above of 0.79 region before entering longs again. Lower lows and horrible price action are printing and I will be getting out of my trade in a profit to end the year.
by CJ_GOLDPIPS
DOGE POTENTIAL FORECAST | TUESDAY | 20/12/2022 Doge is at a major monthly support whereby i do expect that level to hold. However, we may not be making the move to the upside as of now and am looking at some form of market structure form like a double bottom at the least before heading up. Will be DCA into longs for DOGE at this current price. High risk high reward buys with a tight stop loss anticipating bearish structure to break. Upon confirmations of bos will be looking to stack buys up. This will be a swing trade.
by CJ_GOLDPIPS
1
Bitcoin's Ultimate Reversal is about to ensue.For the first time in years, we have witnessed a diversion in Bitcoin's RSI, which could possibly mean a huge reversal in BTC's price. Here is my point of view about this: This is the RSI Multi-Length, which is a type of RSI that varies its length. For simplicity's sake. I’ll be referring those as just RSIs, because they behave as an RSI, just a bit different. As you can see, Bitcoin's RSI is currently diverging, which possibly means a huge reversal is about to happen. The last time this has ever happened on a downtrend was in late 2018 - early 2019: Bitcoin's price skyrocketed after this divergence, which likely means it’s happening again. Now onto the candlesticks: As you can see, the trend is currently weakening, and that’s why it caused the 3 months of ranging market. When it broke downwards, it hit a new lower low, but this time even weaker than before. You can even see the volume weakening over time. Because of the RSI Divergence, Bitcoin has so much potential to explode and pump to the moon. You can even see that at the end of the 2018 crash, there was a lot of ranging. In conclusion, we might see a reversal in BTC's trend, and finally prove that Bitcoin is not going to zero. As a final side note: Even the rainbow chart says Bitcoin is super undervalued. This is not financial advice, and you are free to give your opinion about my research and do your own. Thank you for reading this study. :)
BITSTAMP:BTCUSDLong
by lorinstocksinvesting
1
Update to TTT’s relation to GMEShort and sweet is what we all love. NOT FINANCIAL ADVICe, I AM A DEGEN TTT is reclaiming base support, following my thesis, if this continues, GME will begin to absolutely ROCKETTTTTTT My original thesis claims TTT is being utilized for GME swaps. As TTT remains parabolic (upwards), GME will continue to tank. As TTT falls through floors and tanks, GME should rocket. Please check out my previous posts if this type of critical thinking interests you. I have been covering this topic personally since 2020. Remember Direct Registration of your Shares, or DRS, is the best way to purchase direct stock under your legal name. Doesn’t it make sense to actually own shares you purchase? Forget the advantage of booting short sellers, it’s time to own what you purchase. Screw street name. Much love, ~Chem <3
NYSE:GMELong
by Trexarch
1
TESLA TO $205TSLA currently on a pull back after an internal bullish structural shift topping at $200. Price have tapped into the 30% (institutional level) of the last intermediary swing high ($195.85) to swing low ($175) before price shifted bullish. However, we cannot negate that price can push further into the last range possibly breaking the low ($175) than shift to the top side. Either way it plays, expecting a bullish flip to $205 maybe higher $217. Let me know your thoughts Yours, Brothers In Bitcoin
NASDAQ:TSLALong
by BrothersInBitcoin
XRP Nuke before takeoff!my predictions for xrp, we had some bad news in the market and when there is fear they will punish the shorters. we could see a rally to 90cents before the real nuke happens. If the pump is not strong enough we dip to at least the covid lows. if that breaks my targets are between 1to10cent. a wave 2can retrace 99% but i dont think 1cent will break. a wave 3 is always the strongest wave, that means crazy gains for the xrp holdlers. i gave my wave 2targets but i dont have wave 3targets. wave 3,4,5 is just to show that the price will moon. Like if u want xrp to moon xd
BINANCE:XRPUSD
by suddenHead70058
4