This is not meant to be a complete idea, more for tracking purposes. A full BITSTAMP:BTCUSD idea is coming later today. Check the references below to compare the years BITSTAMP:BTCUSD has rallied upward. References: 2013 2017 2021
In this analysis we will compare current price movement of NYSE:SCHW with similar previous price action using trendlines, support and resistance zones, 50 (Cyan) & 200 (Dark blue) moving averages, & finally a FIB retracement. The Fibonacci retracement image will be referenced at the end of this analysis. Taking a look past the Vertical blue line (figure 1.)...
Apple Inc. (AAPL) has historically found support at the 50 simple moving average (MA) on the monthly timeframe since 2008 (reference to this down below). This support level has been tested and held on multiple occasions, providing a strong foundation for this indicator. In addition, NASDAQ:AAPL also has historical support for the 50MA (weekly timeframe). This...
Fig. 1 displays a potential re-entry of NASDAQ:TSLA (Tesla Inc.) into the range of $400-588 as our target. This analysis is based on a slight confirmation of the Fibonacci guide .618 ratio (indicated in green) as observed in late April this year. There is room for future confirmation if the price recedes below the moving average cross (MA cross) Fig. 2 . [...
I have put out two targets for NYSE:GPS with the assistance of the Fibonacci retracement. I have set my buy zone and possible stop loss if we do reach a bearish outcome.
For reference: NASDAQ:AMZN Now at healthy 27% unrealized gain with possible expansion towards a next target of $130. Closing 15% of total position size as we can expect to see a small rejection at the $118 range as shown by the first arrow.
For reference: Keeping a close watch on NASDAQ:AAPL as I am now 6-12% away from my first target which is possible to hit in the next one to two weeks. There is still a true resistance level at the 176-180 dollar range to keep in mind that has brought the price lower 3/3 times. At a 20% unrealized gain it would we appropriate to close 30% total position size...
$QQQ Has been consolidating for 4 months around $296~259 as we prepare to breakout or get rejected by previous support. (It is important to note that this support at around $315 has acted as resistance since September and June before that) The 50MA has been acting as support for QQQ since May of 2010 at been rejecting nicely throughout the years. I would not be...
I’ve included two percentage ranges to 1. Bring into perspective the amount of risk I will take & 2. Contrast the risk to reward ratio of such investment. They will also be a reminder to account for manipulation as was seen Jan 2017 before the rally.
Reasonable long term investment for NASDAQ based on strong rejection off weekly 200MA.
I believe we most likely won’t reach 12,000 mark but always have a contingency plan. This is just an observation of a trend, nothing more.
I’ll most likely get rejected around .37 price range before we do go to .41, where I will sell that position out. The price of .36 give or take might be another buying opportunity (SHORT TERM) I will keep updated on. Our other long term position that was hit is something I’ll just let time take care of, especially with XRP. If by any means we do drop to .32 again...
Aiming for 20-25% profit with a 3.5% max loss for our first position, I don't expect XRP to hit the second lower position but always have a contingency plan.
Some wick manipulation here and there, I’ve personally gone long closing one of my positions at around 35% profit and a yolo amount to close at 63-80%.
Personally I’ve chosen to go bullish for some fun profits.