Micro-tragedy RecapToday was nuts at the MicroStrategy part of town. Let's just debrief the madness.
MSTR trade ideas
1-2-1-2 $mstr Microstrategy Playing outFixed wave targets for later waves vs. prior post.
Self-explanatory - Elliot Wave, Nested 1-2's for MSTR - Time isn't accounted for in future waves... but assume through bitcoin cycle late into next year
Chart annotation shows bullish but we are in Wave 4 to at least 280, as low as 100 but given the bullishness of the market expect between 180-280 before next move up... lower she goes pulls end targets lower... analysis assumed .236 - .38 retracements for remaining 4's and 5's.
Wave 5 targets were .68 of wave 3... The deeper the wave 4's the lower the 5 targets will be
I can't unsee this triple 1-2 playing out $mstrSelf-explanatory - Elliot Wave, Nested 1-2's for MSTR - Time isn't accounted for in future waves... but assume through bitcoin cycle late into next year
$MSTRupdated
just wanted to show off how precise one can actually be when they use tools correctly,
invalid above todays high
MSTR Alert: Trend Reversal Sparks October Rally!The NASDAQ:MSTR chart has just triggered a weekly signal, marking the first time we’ve seen a reversal signal alongside a fresh trend signal right at the range lows.
The trend appears healthy, and if October mirrors the previous months, I expect a rise in the crypto markets. While I'm not overly optimistic about Bitcoin's price movements just yet, I’ll be satisfied as long as it finishes the month positively.
A valid reclaim of $150 would lend significant strength to the uptrend.
Invalidation is set at $119, so manage your risk wisely.
For take-profit areas, consider $270 and $540 once the upward movement begins.
Keep in mind that ETF flows have been zero or negative, while NASDAQ:MSTR has been purchasing an average of $70M in BTC daily over the past week. MicroStrategy typically buys during bear markets or significant retracements. The key thing to watch now is how the market reacts once this buying subsides.
MSTR to spike higher, then pullback to $364MODs have suggested that I provide more detail about the picks I make.
Sorry. I'm not as verbose as y'all, and I don't like things to be complicated.
My trading plan is very simple.
I buy or sell at top & bottom of parallel channels.
I confirm when price hits Fibonacci levels.
So...
Here's why I'm picking this symbol to do the thing.
Everybody buying stocks like crazy. 10 trading days ago, price was $270. Now nearly $500. My charts say price tops out at $519 area, then falls back to $364.
Price above top of channels (period 100 52 39 & 26)
Stochastic Momentum Index (SMI) at overbought level
VBSM is spiked positive
Price near 4.618 Fibonacci level
In at $518 area
Target is $3640 or channel bottom
$MSTR is seeking trend line confluence at $360The trend line supports are pulling hard like a magnet, which would also set up perfectly for a future head-and-shoulders “right shoulder” battle between bulls and bears right at this same trend line
$MSTR getting sucked down to 360 trend line confluence Currently shorting this one, looking for downside target #1
MicroStrategy ManiaMicroStrategy Mania
🚨 No Low-Risk Entries at the Moment! 🚨
#MSTR #Bitcoin #MicroStrategy
Final Leg of Epic Run - Blow off top reaching climaxMicrostrategy has exceeded all expectations, smashing past previous all time highs along with Bitcoin. As Bitcoin approaches 100k, now is a good time for bears to consider where they can short Microstrategy in the event of a pullback.
I think this is setting up an opportunity for an epic short opportunity, not one that I will be immediately jumping into as I don't advocate shorting all time highs. However, if we reach my Fib extensions and if there is bearish divergences then this could be an epic drop.
It looks like this is the final 5th wave of a larger 5th wave Supercycle, the blow off top is almost complete. I'm waiting for a change in market structure. The price range of $530 to $650 is where I see the drop starting, I will wait patiently for the short trade. I will also be paying close attention to the Bitcoin price action.
Not financial advice, do what's best for you.
Retracement necessary not sure if it comes after 500 breakWith all indicators hot of the press and looking for more room to run, things are stacking up against this; after a few key areas, from Fibonacci support, stochastic, RSI, and MACD blowing up, it has come to my attention that dreams can last longer just not infinitely.
$50 to $500 what could possibly go wrong? If a stock goes 10x in a year that's completely normal with $5,000 next right? 😅 No downside possible, at all...
MSTR FOR NOVMBER 2024Hello my friends,
As you can see in the chart, we have two possibilities.
The first one is to go directly into buying.
But if this possibility fails, the second possibility will be highly successful.
MicroStrategy Stock Hits Record High Since 2000🐂 MicroStrategy Stock Hits Record High Since 2000!
The company's stock reached $350, marking its highest level since the dot-com bubble 📈.
In 2000, MicroStrategy's stock also traded at $350.
💥 Record Bitcoin Purchase: Recently, MicroStrategy announced the acquisition of 51,780 BTC worth ~$4.6 billion at an average price of $88,627 per coin.
Their portfolio now stands at: 👉 331,200 BTC – the largest holdings among all companies worldwide.
👉 Total asset value in BTC exceeds $30 billion!
💪 MicroStrategy continues to accumulate Bitcoin despite the cryptocurrency's all-time high prices 🚀.
Insanity of MSTR*Overvalued BTC ratio wisely
*stock rose due to Trump trade euphoria and BTC strong performance
*you can see bearish divergence on the chart weekly TM
*has no valume, it's a fake pump
*lot's of FOMO and moonbois in
Any bad news and the stock will become waterfall
$MSTR... Important LevelWe're getting closer to an important level...
The question, is it going to be the end of the current bull run!!! Or it will continue to a bigger target ($639)!
But first, let's watch the trading behavior around $435.60!!! 😊
NASDAQ:MSTR #MSTR
Cheers
Microstrategy #MSTR might have a double left versus BitcoinCup handle
with linear and log targets provided
simple and clear chart
MSTR topped before btc last cycle interesting to note right!
MSTR/BTC - Pump Mode!Is pumping hard and fully breaking out against Bitcoin as well as dollar.
Incredible that it is breaking out against Bitcoin while Bitcoin is in a strong uptrend.
Very wild and very lucrative.
Especially if you bought in the correction after BTC selling climax - see my Bitcoin video for details - linked below .
Already x4 up from there
MSTR will do another x6 from here up to $2.4K up to the reverse 2.272 extension I think 🚀.
The best crypto stock.
Not advice.
MICROSTRATEGY’S COMEBACK: HOW BITCOIN RESCUED A TECH GIANT Did you know? NASDAQ:MSTR was once the darling of the 90s tech boom, but spent TWO DECADES in decline after the bubble burst. 📉
That all changed when @saylor made the boldest bet in corporate history—he turned to Bitcoin. 💡 By selling equity, he fueled NASDAQ:MSTR 's massive BTC acquisition, and now? The stock has charged back towards its all-time highs after two decades. 📈
Critics called it reckless, but Saylor's vision was clear: Bitcoin would save the company. Now, he's vindicated—and MicroStrategy is thriving again
This is the power of conviction and bold moves in the face of doubt. 😤💯
The future will be built on decentralized technology and there is nothing better than BTC & DOGE 🧡 🚀
MSTR BullAs MSTR overtakes the entire stock market and engulfs all of the capital in the markets it should move to the number 1# stock.
Lets go!
Looks like a Bear flag to me + insiders dumping LARGE amountsThis is going to crash and burn eventually. Their core business before taking out MASSIVE loans to YOLO CRYPTOCAP:BTC is absolute trash. This is a flat out PONZI. We all know at some point the music will stop. Also keep in mind that the BTC ETFs actually make more sense to gain exposure for a multitude of reasons. DYOR. From a technical perspective i see a BEAR flag...
MSTR eyes on $154: the Decision Zone for next moveMSTR is at a key level that should determine the next move.
Break-and-Retest of zone would be the buy signal to look for.
Rejection and loss of next fib below it would be a sell signal.
$ 152.17 - 154.08 is the exact zone of interest.
$ 175.25 - 178.09 will be the next target above.
$ 110.23 - 113.01 will be the key support below.
=====================================================
