Paypal
$PYPL triangle looks sketchyAt this moment it looks like that $PYPL is forming a triangle, but not sure if it's a triangle in wave 4 or a triangle in wave B - the structures aren't very clear to me, Fibo doesn't seem to quite fit, looks kinda sketchy to me (more like a triangle in B). A nice trading opportunity could present itself in the case of a break to the downside.
PYPL PAY PAL LONGAlready reached today my short term target then a down turn, if you have take profit to buy on the pull back congrats, if not it ´s still a strong buy
Major Analyst
target PYPL at $310
Keep in mind Financials are among the strongest sectors right now
Invest at your own risk, i ´m not a profesional financial adviser
only ideas from stocks i find in a very good shape for myself.
Good Luck
Charlie
BUY PAYPAL or keep in te wallet/ACHETER ou Garder Hello everyone, according to my graphical analysis of PAYPAL , there is a high probability of an increase.we are on the last straight line
Bonjour à tous, d'après mon analyse graphique PAYPAL , il y a une forte probabilité d'augmentation on est sur la derniere ligne droit
PYPL XLF PAY PAL 8LONG)Hi,
All is in the chart
Financials
Indusrial
Energy
are the three best performing sectors for the week
to me, as well as index shows t ´ll today
i have posted various stock that i have found which could be nice since Monday to trade,
not popular ideas but their all worked pretty well. The market is what dictate the money flow. not what most love.
Just my guess, PYPL as an excellent set up for gains in short term.
This is not a profesional advice
invest at your own risk
a TradingView idea
Good Luck
Charlie
Square Inc Tech AnalysisSquare Inc look very bullish and catching up the market after hard downtrend of March .
Indicators:
Obv
W%r
Average true range
Ema 20/50/100
We have positive deviation in Obv , W%r have more room for buyers to pushing up if we break and average true range ( Atr) of 13.6 .
Our supports level is 200$ on the bottom and ema 100/50/20 for the middle until now they act very good as well .
Our resistance level is 241$ , Weekly resistance top .
ema 20 is still below ema 50 , crossing above will trigger a uptrend and bigger chance to cross 241$ .
Our Two first Target if we se cross above 241$ :
T1 - 260$
T2 - 280$
Support :
S1 - 229$
S2 - 221$
S3 - 200$
Trade range time : Two weeks
* There is no buy / sell recommendation in the aforesaid ,
Crypto Weekly: Visa and PayPal deepen crypto commitmentsVisa carries out the first test to settle stablecoins directly on its network in return for a payment processed. PayPal is about to let users pay with cryptocurrencies at its merchants. The use of Bitcoin for remittance payments skyrocketed in emerging markets last year.
Card issuer settles the first Visa transaction in USDC on Ethereum
Visa and Mastercard are working to bring on crypto-related services onto their network, respectively. Visa is publicly working on two distinct services. First, Visa is set to launch a service for banks this year providing easy access to trading cryptocurrencies. Second, Visa has been working on enabling settlements in the second-biggest stablecoin called USDC directly on its network. Yesterday, Visa confirmed that it has launched the pilot program of this service. Additionally, the payment processor said it has successfully completed the first test as Crypto.com has send USDC on Ethereum to Visa’s wallet to settle a payment. Thereby, Crypto.com does not have to send fiat to Visa whenever users use a Visa card issued by Crypto.com. Instead, the new procedure enables the issuer to settle directly in USDC . In the future, Visa will also offer merchants settlement in USDC . This enables instant settlements of merchants instead of having them wait several weeks for their settlement to go through.
PayPal to let users pay with cryptocurrencies
PayPal launched buying and selling of cryptocurrencies in October 2020. At that time, it was expected that PayPal would let users pay merchants using their cryptocurrencies sometime in 2021. As expected, PayPal will shortly let users pay with their holdings in Bitcoin , Ethereum , Litecoin, and Bitcoin Cash , the company confirmed today. When users pay using cryptocurrencies, the selected cryptocurrency will instantly be converted to fiat to settle the merchant. The conversion will occur without any fees on the users’ end, and without any additional costs for the merchant compared to traditional PayPal payment types. However, as users are not able to deposit cryptocurrencies to PayPal, they need to buy them through the company, which is subject to heavy fees. PayPal will send out an official press release later today describing the service in detail. The press release will likely consist of the exact date for the roll-out, which is expected to take place within some months.
Bitcoin sees growth in usage in developing countries
According to Quartz, the usage of Bitcoin in developing countries skyrocketed last year, based on data from Chainalysis. Bitcoin is mainly used for remittance payments as it is significantly cheaper and faster compared to services like Western Union and MoneyGram traditionally used. It is especially Nigerians who are using Bitcoin to make payments into the country. This is happening to such an extent that the Nigerian central bank is now paying citizens to use official channels for payments. The surge in Bitcoin transactions also occurred in other emerging markets last year like Latin America, India, and Southeast Asia. However, the problem with Bitcoin for this purpose is the extreme volatility . As a result, it is likely just a matter of time until citizens in emerging markets adopt stablecoins, especially for remittance payments.
Anti-competitive allegation (boo) - $235+ target 2021 (yay)What a juicy entry into Visa.
I have worked closely with Visa, and these are some of the big points I think will work in their favour:
> Right where the stock was before the pandemic crash in March 2020. What?
> Olympic year -- Olympic years are good years for VISA as a TOP partner of the International Olympic Committee. Sure, we are a bit worried about how will the Olympics really look this year -- things seem a bit messy in Japan, but, if Japan can somehow get it together with the vaccines and protocol in time for the Games allowing some tourists in, this could be a good year with definitely stronger anticipated earnings for Sept/Oct earnings call.
> Travel and spend -- VISA's main revenue source isn't your domestic spend. Sure, the pandemic has perhaps even surprised VISA, as they reported positive earnings with online transactions and local spend -- but once those boarders open, the spend during international travel is where the bulk of the revenue will emerge from. I feel (and I could be wrong as who knows how safe management wants to play it) -- VISA will have fairly positive guidance during the May earnings report, which will be a big catalyst for the stock to jump and set all-time-high. If not then, I would still hold a position for 2021, because as things get better and people travel, they carry Visa in their pocket.
> Cryptos 'r' us + Dividend -- Few months ago VISA announced a Bitcoin based loyalty points program as a new product in select markets. VISA doesn't go "all in", but that's why I like VISA as a less risky yet growth-like stock. It can make strong moves upward, but, also keeps paying a tasty dividend.
I had de-risked by taking profits on VISA a few weeks ago. I did miss most of the rally we saw last week, but profit is profit and they still paid me the dividend. I have been looking for a re-entry when I felt the stock cools and a pattern becomes more obvious.
BUT WAIT...
While this dip is super tempting, I am not going all in just yet. VISA dropped so sharp on allegations of anticompetitive practices, as the department of justice investigates claims that VISA channeled transactions over their own (more expensive) networks for retailers, rather than giving them options to transfer through other networks (which is their legal right and possibly cheaper). What this means is that investors don't like the shock, and decided to take profits. What I will watch for is how the narrative develops over the coming week. If the market is generally recovering and the VISA news has no major follow up, great. If there is more news, we could even get down to $190s. I don't expect the stock to break that support.
Good luck traders!
Short term opportunity on PYPLToday, we will speak about the current situation of PYPL
- We can see that the price reversed from a strong support zone
- The price broke the current descending trendline
- On the edge of that broken trendline, we can see a corrective pattern, of course, that if the price keeps falling, the setup would be canceled.
- The final target for this pattern is the next resistance zone at 276.00
- The stop loss for this situation must be placed below the whole structure.
- In case everything goes as expected, we think the duration of the movement can take between 5 to 10 days
Thanks for reading!
PayPal to Buy Curv Crypto Custody Firm- new high(again) maybe.maybe it can retest the support zone and buy from there.
green- support rejection
black-stop loss breakdown.
no Take profit cause we going andromeda .
not a finnancial advice just bananas . ktnxbye
a bit of a old news but maybe still a factor .
PYPL UPDATE - GO LONG! Gap filled for now. Long. I bought my initial 100 shares at the first gap fill that I have charted.
I will scale in 50 shares at each support level with powder for 200 share buy and leaps if we ever do the bear scenario. That pivot is strong and paypal is (imo) the best fintech out there.
Follow the trends and stay safe.
Paypal Bullish in long term channelPaypal has been trading within this long term channel for quite some time, Paypal just bounced off of an inner channel support line creating a Double Bottome Pattern. PYPL is looking quite bullish short term, we can expect PYPL to reach these price targets of the Trend Based Fibonacci Extension.