Bearish divergence on Paypal stock!Easy money can be made here.
A bearish divergence is seen on the RSI, the price is still climbing whilst the RSI is in a downtrend.
This is a bearish indicator.
In other words the bullish momentum is looking weak. Expect a pullback to at least 240 USD.
Today's price action was just the start of the event.
bbpetersen,
Paypal
Paypal Market AnalysisG'day Guys
Today let's analyze PAYPAL. Technically, PayPal was consistently bullish since the establishment of the company.
From a weekly perspective, this pair still showing a consistent and healthy bullish rally. This analysis focusing on where the best entry taking advantage of the market correction based on human behavior. There possibility this pair going to create a sideways formation if unable to break the 309.70 area.
For now, in a 4hours perspective. I see the market correction will be created within the 270.00 price level. From here, we will see a clear market structure and moving towards the 309.70 zones.
Let's see what happens next. Take advantage of the market movement and dance with the market.
Cheers
PAYPAL, Dedicated Channel-Breakout Incoming, Main Target-Zones!Hello Traders Investors And Community,
Welcome to this analysis about Paypal, we are looking at the daily timeframe perspective. As I discovered recently in my analysis Paypal is forming a solid structure from where a breakout to the upside is possible within the upcoming times. As looking at my chart we can watch there how Paypal is within this main ascending-channel-formation and also has this coherent wave-count within the formation with the waves A to B already completed and now Paypal is about to form the wave C which will be a protraction wave. The next time it is likely that demand increases further in the structure and Paypal finally breaks out above the upper-boundary which will be the origin of the wave-C-protraction to the upside and such a price-action will also activate the upside targets at around the 345 level marked in my chart in blue. When Paypal has reached this target-zone it has to be elevated if it manages to continue bullishly or firstly shows up with a reversal testing lower levels after the targets reached. For now, the dedicated channel-breakout with upcoming volatility should be expected, it will be a great journey ahead.
In this manner, thank you for watching my analysis Paypal and the dedicated channel-breakout which is awaiting in the upcoming times to approach the upper-target-zone, will be great when you support it with a like and follow or comment, great contentment for everybody supporting, all the best!
"The key to success is to focus on goals, not obstacles."
Information provided is only educational and should not be used to take action in the markets.
PayPal Holdings IncLong term, I'm long PayPal. ($PYPL)
I'm looking for weakness now to add to my portfolio - I continue buying on red days.
PayPal should re-test its previous resistance, and this will be the area I look to add at.
I've plotted a couple courses it could follow:
1. Re-test to previous resistance - now support - then retesting previous highs - pullback - new high.( what I think will happen)
2. Doesn't hold support line (retest area) and falls to next support zone within the yellow channel.
PYPL attempt to break all time high?Paypal made online payment feasible by allowing consumers to send and receive payments, withdraw funds to their bank accounts, and hold balances in their PayPal accounts in various currencies. It also offers gateway services that enable merchants to accept payments online with credit or debit cards, as well as digital wallets.
Its price is moving between $234 and $278. Slightly bullish. Aim to break 52 weeks and all time high at $309. The nearest support at $245 or $220, depending on risk appetite.
PayPal. FOMO or how to buy for midterm.Hey friends!
Asset now in the super classic range.
The main driver of growth is the fear of a missed opportunity. "Well, look, the double bottom pattern" you probably could mention. Such thoughts will move the bullish players. But what if we just talk about the growth prospects of PYPL. Big money needs three factors:
1. potential.
2. availability of "fuel" or "energy".
3. fundamental growth prospects.
The probability of the presence these factors closer to autumn is much higher than right now or in July, August. S&P renew the highs. Someone is encouraged that the rates will not be raised, but is this true? The highest inflation in the history of the United States, the highest debt. These are the drivers that can push the index down more than 1000 points in one moment. The growth potential if to buy right now is not attractive for midterm purchases. Most big players off the market. For me best zone to buy is 210-220$ per share.
$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.