SHORT ON TWITTER ANYONE?Alright guys I've been looking at twitter for some time now, and to be totally honest I believe that we may have a short on our hands right now!
We could potentially see prices reach the downside target of 24.00 .
Before you trade this, you might want to consider a few variables, prices could actually break up to the upside as a result penetrating our current resistance near the 38.00 Price Region .
HOWEVER .
If we penetrate our key level at the 34.00 there is a strong possibility that prices could plummet down to lows of 24.00 in the future.
This move would have to be accompanied by very convincing volume, nevertheless it's still probable!
NCASHBTC - triangles everywhereHay again !
I like to share my new triangle idea for NCASH at 4h chart.
Please do not trade by me, I ´m still learning & try to draw something different, maybe little creative.
I just have my own logic.
I am not always 100% correct.
But also don´t want to copy PRO´s.
Hovewer, I guess my charts looks pretty legit and simple : )
That´s the way, I decided to choose here, at tradingview .
In my opinion , today NCASH made new resistance point.
My green line shows potential uptrend, redline main downtrend.
I made 2 descending triangle so I need to watching , what will happen also with BTC.
NCASH volume increase about 15 times in 1 week !
Fibo shows stronger levels .
I sold my NCASH and now waiting for good entry point.
That´s all for now.
I will update...
Sincerelly,
Mario Emvo.
* This is not a finacial advice.
Twitter, bullish or bearish?After the gap up (or Rising Window) following the last earnings released on February 8th, the price is moving within a symmetrical triangle with decreasing volumes (by the book). The first candle incorporates all subsequent ones, and the support and resistance lines are getting closer (about two dollars the distance). Soon, so, it is very likely that Twitter will take a direction (I doubt it can continue to sideways for a long time).
Twitter's gross profit margin for the fourth quarter of its fiscal year 2017 has grown compared with the same period a year ago. The company has increased sales and net income during the past quarter if compared with the same quarter a year ago. However, it was unable to keep up with the growth of the average competitor within its industry.
Even though Twitter continues to be little used by users outside the United States, I think it has a good chance in the next few years to reduce the gap that separates it from Facebook and Youtube (at the moment even from Instagram and it must pay attention to LinkedIn that is in strong development). For this year I expect several improvements on the use of the social network and a strong increase in advertising revenue.
cadjpy bullish 1hr/30mins/15minsOn the 1hr/30mins/15mins timeframe, I spotted both a reversal rising wedge & a continuing falling wedge which indicates that there is strong support at that specific area which is the 83.7 to 83.9 area. That support area has also been targeted before so that's another strong indication that the market is now using that as a retracement for further support.
I have taken an order just directly above the the falling wedge pattern.
Listing of placement of order is also on this analysis for everyone to see.
Please share this out to everyone my twitter is rich_bigga.
Cheers.
GBP/JPY One of our favorite pairs. This Pair spits out pips at a rapid pace. The trick to this pair is patience. This pair rewards the patient.
So what do we have this week?
Outlook:
-Price @ 150 has been tested multiple times.
-Possible Right shoulder formation.
-Then look to short at the peak.
147.50 is target
145.00 Psychological
Fundamental:
-We have Manufacturing PMI, we are forecasted to be a little under than last release. We are expected to be under 55.3 and clock in under 55.1. If this happens then this will make an extra push south. On the other hand, If we clock in over 55.3 then the pound will continue to rise and retest 151.00.
- Lets continue to do our research to capitalize
either way, be safe, have a nice comfortable risk/reward and hold your trade!
follow @WallstreetJon
TWTR Twitter. Potential Cypher PatternSo, what do we have for now ?
Twitter's stocks price increase in 4.5%. Earnings tomorrow and nice news flow. Also based on TA , I see probably cypher pattern. Let's wait for tomorrow. P.S. markets may still go down, as it didn't recover well after huge fall.
I put TP on 31.8 and SL on 24.
Good Luck and take care.
TWTR - Twitter is stretched, but bulls are below.Now that price failed the second time at the U-MLH, the rules tell me that there's a very high chance to shoot ...oh sorry...to short Tweety §8-)
Target would be at least the Centerline (as explained in my free course material - see footer).
Be aware that earnings are ahead next month!
P!
BTC - When Will The Overall Market Sentiment Become Bearish?We have been in a bearish market for a month now and for crypto enthusiasts this is just another healthy correction before the price blasts past 20K and, once again, silencing all the haters. Other people are feeling smug or in despair because they knew Bitcoin would never end well!
Looking on Twitter, YouTube and Reddit, the overall market sentiment is definitely still bullish with 80% of people are saying they are either HODL'ing or buying. However, the majority of people that are selling are probably not shouting about it. Bitcoin has dropped 50% in the past month in the shape of the flag continuation pattern (ignoring the noise). The volume has generally been decreasing, which is required for the flag formation, and we have hit the 0.618 Fib retracement from the recent move. On top of all this, RSI, Stochastic RSI and MACD all point towards on oversold area. All of these technical indicators favour the bulls!
In a market that has become glamourised by its profit potential, it has become the go-to for everyday people to make some quick money. These are the weakest hands and they are most likely to fold. There has been a lot of talk about regulation by Korea, China, France and now a German Central Bank Director has called for International cooperation in regulating it. The pressure is heavy and the fact that the price is declining makes it twice as worse. In my eyes, these pieces alone aren't enough to make Bitcoin plummet however we look forward to what news lies ahead.
This bloodbath serves as a reminder that we are in an extremely volatile market and we should always have a plan for every trade we do! This becomes ever more important when we are on a winning streak and we get complacent. In some ways, Crypto is the best market to learn about trading strategy as it is as punishing as it is rewarding.
I am looking for the end of the retracement to be no further than the 0.618 level drawn from Aug 15, around the $8000 mark. I will set my buy orders around this mark and if we do find support here then my first target would be $20k. If it breaks down from here, I think the overall market sentiment will turn bearish and then I will only keep my core holdings. I think there will be many news outlets claiming this bubble has burst but I would advise everyone to look for the next buying opportunities! Out of all the bubbles in the past, I think this is most comparable to the Dot-Com bubble as these technologies have an application to the world that is open for anyone to build upon. I believe in any event, the blockchain technology will prevail.
Factom ! Coin of the Week pumped by John Mcafee @officialmcafee Factom has been the victim of John Mcafee's coin of the day/week pump and dump circus.
Coins with a low market cap that can be easily manipulated seem to be the primary targets of the Mcafee's coin of the week.
Algorithms that constantly scrape his twitter feed are much quicker than any person could react.
Getting involved with this coin as a result of these twitter tweets is EXTREMELY risky and precarious.
Do not gamble, HODL!
Twitter Price Stability & HighsTwitter seems bearish with a 52 week high, but also seems stable at around the $25 price. The correlation as been mostly negative in the past, with a small rebound going positive. It is quite possible in this trend line that a 47% increase in price in the next 2 year can happen. However, given increase in competition, overall market adaptations, as of now it is investible with medium to high risk with a small percentage of return given the $25 price point. Overall, you can still profit out of the stock price of twitter as a short for some minor positive correlations, but long term stability and price increases is to be determined. Part of it depends on higher continued demand as well as the position it is after new updates, to reach expected earnings targets for that long term increase.