MoneyFishing

MoneyFishing

Hello Friends! Took a position at $129.89 and looking to fill that $140 to $151 gap fill. That sharp selloff might find traders to fill that gap. As always thanks for your follows, likes, and comments. Let’s learn and grow together. Cheers!

MoneyFishing Updated 

Looks like a rising wedge has been building up on Bitcoin's way to take out the downtrend resistance. If volume doesn't come in, rejection will drop Bitcoin to lower levels.

MoneyFishing

Hello Friends! I’m liking Roblox here at these levels. The average analyst PT for 2022 is $105. IMO this is set up nicely for a short term trade and/or long term hold. My price targets for the short term are… #1: $71.90 #2: $77.82 #3: $85.96 Support price is $54 As always thanks for your follows, likes, and comments. Let’s learn and grow together. Cheers!

MoneyFishing Updated 

Is Tesla going hold the 100 day ($1074)? I think we'll know in the next few days. If it closes below on Friday, IMO it might go retest 100 day ($924).

MoneyFishing

Looks like BTC is forming a rising wedge on the 4 hour. With low volumes like this, it looks like this might break down. If it breaks down this move might create a $29-$30K test.

MoneyFishing Updated 

If BTC breaks below $40.5k it will likely breakdown to $35k and if that fails $30K. Volume needs to pickup for a breakout to happen.

MoneyFishing Updated 

Picked up a nice size position based on December 28,2020 candle wick high of $13.04. I've got another buy set for December 22,2020 high of $12.14. Doesn't look like it will get there, but I'm prepared. Now I'm looking for a move to $13.93 this week and then $17.15 this month. I like the fundamentals of sofi. With higher interest rates, pending bank charter...

MoneyFishing Updated 

Looks like the neckline might break soon. Break at $43-$46K can move price down to retest $30K. If volume doesn't come in at $30K, we might see a move to $24-$25K.

MoneyFishing Updated 

It's a big week for BTC. Things to watch this week: -Will BTC move up to close above the 200 day average ($47,953)? -BTC continues to trade down within a downward channel from all time highs, will it reverse? -Will BTC see death cross if 50 day ($51,965) cross the 200 day ($47,953)? -Since December 27th BTC has dropped and now trading in a tight wedge, would this...

MoneyFishing

Here's what needs to happen if a Head & Shoulder pattern plays out for BTC on the daily. -It's forming a head now and it needs to stay below $53K and not break below $41K -Once it tests $41K it needs to test $53K and move back down below $41K (right shoulder) -Low volume will cause BTC to drop to all time lows of $13K to $20K (when neckline fails)

MoneyFishing

.5 fib ($20.75) is a key support that sofi needs to hold. That should be a new foundation to build from.

MoneyFishing Updated 

Once Sofi breaks $21, it's got it's eye on $24 to $25.

MoneyFishing

Look for a gap fill and then play this long. Price target $30 this year is still in play.

MoneyFishing Updated 

Sofi was on track to break ATHs but ran into some trouble at earnings (overreaction). The fundamentals are still solid and the bottom of the wedge is holding support. Last couple days the CEO bought $100K worth of Sofi ,institutional ownership has gone up, and last lockup period has expired this week. Sofi is set up nicely to breakout and get back on track to hit...

MoneyFishing Updated 

Waiting for a bounce ot $25 and if that fails look for a bounce at $20.50 . Ultimately I'm waiting for a breakout from this wedge on the daily.

MoneyFishing

Looking to buy between zone #1 and #2. Oversold on all timeframes. Playing this position long from the weekly timeframe. Stops set at $18.

MoneyFishing

It looks like we're on a long-term downtrend on the weekly timeframe. BTC has been closing on lower highs every week since it's ATHs. Some support areas to watch/trade as it tests this trendline are: Zone#1: $43-44K Zone #2: $39-40K Zone #3: $30-32K Zone #4: $19-20K

MoneyFishing

I looking to buyzone of $51.31 to $53.54 for a longterm hold (12+ months). That zone has been tested before many times and their last offering was in that price zone. Also looks likes it's setting up in a wedge to breakout for a nice swing trade to $65-$70. Both are possible plays.