TWTR
Traders Don't Care About Twitter Hack Affecting BitcoinWednesday’s Twitter hack didn’t seem to bother traders very much.
“The attack may have harmed bitcoin’s public perception, but the fact that the market has hardly reacted is a positive sign,” said Rich Rosenblum, co-founder of New York-based trading firm GSR. Investors continued to buy in when bitcoin dipped to $9,000. The price headed that low in early Thursday action before traders scooped up more of the world’s oldest cryptocurrency.
TWTR - Scalp short because of the great hack Twitter ($TWTR) down 4% after hours as Uber, Apple, Bill Gates, Elon Musk, Jeff Bezos, Michael Bloomberg, Kanye West and Joe Biden's accounts undergo anonymous hacks.
Reason is still unknown, no comments from Twitter, serious security breach, over $100,000 stolen in minutes
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Twitter: Emerging Golden and MACD cross. Bullish mix.TWTR was rejected yesterday on the 37.00 Resistance which was the June 8th High. The 1D chart remains bullish (RSI = 63.007, MACD = 0.470, ADX = 33.487), the MACD made a bullish cross and the MA50 is about to cross over the MA200 (Golden Cross). This is a very bullish mix for Twitter and we encourage investors to buy either if the Resistance breaks, or on the next pull back to the 1D MA200. Our Target is 42.00.
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TWTRTWTR executed a near-perfect V-shape gain on the 1D after rumors came out of a possible subscriber-based service. HOD was perfectly lined up with a previous high indicating some strong resistance at the 37 level. For more technical buy-and-hold investors the MACD just crossed up the Signal, and the RSI is still in a safe range. TWTR may still have more room to run as it tests 37 and potential breaks.
TWTR : New support at 50 smaHello Everyone! We have left TWTR on its 20 sma support area which after few sessions did not hold and price went lower to the 50 sma where it found a new support yesterday.
Is that last line of defence ? Not really, price can always go lower and find another level of support, but check this : today price closed above its 50 sma at 31,37 after a low at 30,82 which first cut the 50 sma level (31,06) and then bounce above it, in my opinion a potential bullish behaviour, considering that 38,2% fibonacci retracement level is at 30,31 very close to the 50sma and again below today close.
Let's wait a confirmation from today session and see it I have to be surprised
Thanks for reading and if you like to post a comment feel free to do that....and may the market be with us!
TWTR - Possible SHORT entry pointTWTR broke the COVID-rally trendline, no retest of said trendline yet. Broke the 200 day moving average today. Retest of 200 dma from the underside very likely. H&S forming -> combination of the trendline breaking, 200 day moving average breaking and the H&S forming, could be a great short entry point. Confirmation before premature position taking preferable.
TWTR is going down?Hey guys and girls:) I just want to tweet something:)
In a case that the price level fell bellow MA200, which is in this case right now sustainable support level, and in a case that RSI holds his value below level 50, the price of TWTR can fell down for 10-15% in value in coming days.
Please note that this is D chart and my trades are not for scalpers, and as well, I can be wrong- some times :D. That i sa reason why you must have a proper RR!
In general, my RR is 1:3, sometimes is 2:7 and 3:10
TWTR: was due for some consolidation anyways - possible scenariohere's my expectations for this move - it's possible TWTR eases up to the $28.3 - $29.3 range, then from there continues the move up
not expecting the current news to hurt TWTR that much - there are much bigger forces at play to drive the stock price - and in my view it's mostly large investors dictating how this plays out.