EOS where next?EOS hit my downtrend line and where did it find itself-----REJECTED!!!! Now we have two levels for a bounce i.e. the below-mentioned trendlines. 3 methods to trade this-
1) Risky trade- Long as soon as it touches the first trendline. It may not go lower.
2) Low-Risk Trade- Wait for it to touch the second trendline because I am 100% confident we will see some bounce there and risk missing the trade if it doesn't get there at all.
3) Average Cost- Buy both
Well for me, I will tell you my plan as I go about it. XRP burned me yesterday so I need my confidence back. See you.
Twitter ScallopAn inverted ascending scallop has formed on the 4H chart for twitter, this provides a nice double bottom formation once complete, and potential long entry point along the falling wedge downtrend line. Weak regression trend is present, normally should only include these if they are strong regression trends however it suited well in this situation.
EUR/JPY Scalp Opportunity [Quick Updates]Hey all, here’s another entry on my tradingview series called 'Quick Updates'.
We can see a nice opportunity here for a quick scalp after EUR JPY has hit the horizontal support zone for the fifth time. The price has confirmed a rejection and looks to be in a temporary uptrend now. I suggest to put the take profit directly under the support/resistance flip area.
--- What is The Quick Update Series All About? ---
I have started a new tag (quickupdates) where I quickly share great opportunities based on TA for shorter timeframes, such as 4h, 1h, and 15m. It will contain a brief explanation with clear and clean charts in order to keep the velocity up and make sure you get to see the opportunities as fast as possible.
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Disclaimer!
This post does not provide financial advice. It is for educational purposes only!
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Twitter looks good long term investment $60 targetTwitter, becoming a leader in World News, Sports, Gossip, Entertainment, Politics... This virus is pushing everyone searching for answers from
-death, school shutdown, forced curfew, hospital updates, and more. I have a $60 Target based on the AD , this is a long term hold me off of C wave, where I'm looking to buy the dip
TWTR / Twitter , Lower Highs BEARS control, COVID-19 , 3/22/2020Twitter is making lower highs in weekly charts with high momentum on RSI which is hidden bearish trend continuation. But there is lots of volume in price between $16 - $18 range with support.
I do see a Bullish Gartley Pattern developed with a bounce off the .786 / 1.272 ext. With the overall market being bearish I would be surprised if this plays out.
I'm long term bearish on this chart until we break the lower highs but I do believe we are going to making new All-Time-Lows with time.
Be careful with this current market conditions.
TWTR going downthis may be a big play tomorrow if we get a reversal and turn red, these weekly 20p should open around .2 if twtr is at 26. 26.3 is my threshold for it to bounce before heading back down, these contracts are volatile and will MOVE. There is alot of call volume atm so ill be watching for a influx of puts to signal entry, below 26.3 and spy turning around and this should pay the rent
Bitcoin - The uptrend continuesI imagine the ceiling to be at the 9.5k range. I will be longing to 9.5, there seems to be a bullish ascending triangle forming in the most recent few candles as well.
ONE THING that might bode badly for the price is CZ's (Binance CEO) bullish tweet about the BTCUSD price. Last time he has tweeted in a bullish manner, the price fell ~50%.
Stay safe. We're all gonna make it.
Twitter.com inflated growth numbers and culture of abuseThis company is massively overvalued.
Growth numbers have been in decline for a while. (With only moderate growth the past two years.)
A large portion of the user base is bots. (Could be as much as 50-80%)
Chaos and lack of leadership.
Major problems with online abuse; infact a culture that thrives on and encourages it.
This company has been getting a free ride for too long.
One to one extension targets see twitter at $25 this year.
It's time to dump this trash heap from your portfolio.
Sell, sell, sell!
(Disclaimer: Opinions expressed are my own and nothing I say should be interpreted as trading or investment advice. Trading is high risk. Never invest more than 10% of your account in any given asset. Don't trade without a system and understanding risk management.)
DCL Blogger - your source of all Decentraland knowledge :)Firstly - none of the information posted by me should be treated as financial advice - it can only be taken as an observation of an individual who tries to understand market mechanics for a good few years now. On a daily basis, I work in the engineering sector which requires a high level of specialization - trading is not my primary, but only an additional source of income. I'm a swing trader who does not use leverage - I only follow trends with significant amounts of support. It is no mystery that I trade rarely, limiting my exposure and risk... it is my way, it works for ME. Every trader has a different approach, beliefs, strategies, habits and other characteristics, so don't ever believe anyone that tells you, that they're way is better than your own - they're lying.
How it should be approached (my opinion) :
IMPORTANT: If you look at other trader's analysis for confirmation of your view - you are already doing it wrong. You should only look at others in order to educate yourself - remember to always take your own conclusions instead of blindly following others. At the end of the day - it's your money...
Now down to business :
Every analysis should always start from looking at the bigger picture - Long time frame charts, so this is what I'm going to look at first. Since 17 of june 2019 we are in consolidation. According to Investopedia :
Consolidation is a technical analysis term referring to security prices oscillating within a corridor and is generally interpreted as market indecisiveness. Said another way, consolidation is used in technical analysis to describe the movement of a stock's price within a well-defined pattern of trading levels. Consolidation is generally regarded as a period of indecision, which ends when the price of the asset moves above or below the prices in the trading pattern.
Let's start with the risk: We are currently at the highest price point since September 2019. That's definitely a good place to sell - if MANA was bought any time between now and then.
We cannot say yet if we are going much higher since price oscillates around 500 satoshis - previous highs wasn't broken yet. What we need to see in order to increase our assumption of the probability of a significant upward move is a daily candle to break and close above these levels - and that's not all. I never go into a trade if there is no confirmation of a breakout. What I mean by confirmation in this case: If let's say (today) daily candle (or any other day) closes around 580 satoshis and next day or a few days later drops back down to around 500 sats, while closing above this level (as you can see confirmation sometimes takes few days in my style of trading) I would consider this trade as one with pretty high probability of profit and would go in with appropriate position size in order to limit my risk and exposure. This way I can sleep at night :) and maintain a profitable trading account.
Another important aspect of trading is appropriate placement of a stop loss. Showman says they cut losses short and let winners win BIG. The truth is that tight stop losses often eliminate you from a game - in here all is about patience and discipline.
Some people would laugh if I would say my SL would be around 350 sats area, but the reality is that also I see here possible ascending triangle (in red) formation where suggested entry would be close enough to my stop loss anyways (as of today and if we don't break above resistance which for now is holding strong).
If it comes to long term targets - I marked them with green lines. You can scroll and zoom to see long term targets. For now, we are still in consolidation - regardless of recent bullish sentiment.
Hope this helps :)
Adam.
FANG+ Stocks: Buoyed in 2020 by Solid Earnings and Low RatesFor those who have followed my ideas over the past several months at-least, know that I remained bullish not only in the entire stock market on a broad basis, but US Tech was one of my top picks for continued growth which has deemed correct. I went on to say that 2020 will be a better year from peak to peak growth over the broader markets than 2019 which for now, is correct.
In-fact, even compared to "experts" across the lamestream media, I was one of the very few that actually believe 2020 would be a better year for the broader market than 2019 and not only has this deemed correct, but it will remain correct.
FNGU represents one of the best leveraged funds in the entire market and significantly better than the popular TQQQ, and even superior to the other popular 3x ETF TECL.
The companies the stock follows are diversified in a 10% weighted classification which is reset quarter by quarter. In 2020 I view all 10 of these boasting significant and continued growth.
- Tesla (My TP: 1000+)
- Nvidia (My TP: 350)
- Alibaba (My TP: 275-300; if Chinese GDP rebounds in Q2 then 400+)
- Bidu (My TP: 175-200; if Chinese GDP rebounds in Q2 then 250+)
- Twitter (My TP: 45)
- Facebook (My TP: 250-275)
- Apple (My TP: 375-400)
- Amazon (My TP: 2800-3200)
- Netflix (My TP: 425-450)
- Google (My TP: 1600+)
Of those listed above, Tesla, Nvidia, Apple and Amazon all have posted historic earnings; Netflix and Google posted decent earnings; Alibaba and Bidu continue to be remarkably undervalued given the current state of the virus, however, this will change by Q2 or Q3 of 2020; and Twitter and Facebook will likely rebound and show signs of strength as the year progresses.
In the long-run, Nvidia will be a dominant force in the AI market; BIDU and BABA will likely go on some sort of parabolic run to 3-4x their current stock value and Tesla will become a world dominant force in the EV and battery market. While normally 3:1 ETFs hold an inherent risk, given the diversification in this fund, one can capitalize on significant growth appreciation by investing into this ETF.
By the end of 2020 FNGU could and will likely triple in numerical value from current price (~100/share) buoyed ahead by decent earnings growth and likely the Fed lowering rates at-least twice in 2020.
An important technical note: once the SPX gets closer to 4000, investors should reduce their exposure to high risk ETFs as 4000 represents the peak of the longitudinal channel on EW theory. Investors should also reduce risk closer to late 2020 (October-ish) if the Democrats (particularly Bernie Sanders) have an elevated risk of winning the election based on polls.
- zSplit
Twitter Is This Eras Myspace There is nothing interesting or unique about NYSE:TWTR . Twitter like Myspace ( and NASDAQ:FB at some point), will disappear when some cooler newer tech from Gen Z’s appear.
Long term this is a stock I would look to short off of the purple trend line highlighted in the chart.