BTC: Dips could hold?Bitcoin
Intraday - We look to Buy at 18371 (stop at 17987)
With signals for sentiment at oversold extremes, the dip could not be extended. We look for a temporary move lower. 18267 has been pivotal. 18158 has been pivotal. The previous swing low is located at 18138. We look to buy dips.
Our profit targets will be 19297 and 19597
Resistance: 19500 / 20000 / 20500
Support: 19000 / 18400 / 18000
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Microstrategy
XRP: Rallies will be capped!XRP
Intraday - We look to Sell at 0.5239 (stop at 0.5401)
Bespoke resistance is located at 0.5250. Bearish divergence can be seen on the daily chart (the chart makes a higher high while the oscillator makes a lower high), often a signal of exhausted bullish momentum, or at least a correction lower. Bearish divergence can be seen on the 4 hour chart (the chart makes a higher high while the oscillator makes a lower high), often a signal of exhausted bullish momentum, or at least a correction lower. Bearish divergence is expected to cap gains. We look for a temporary move higher.
Our profit targets will be 0.4851 and 0.4761
Resistance: 0.5000 / 0.5100 / 0.5250
Support: 0.4800 / 0.4650 / 0.4500
P lease be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’ ). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
MicroStrategy MSTR #MSTR $MSTR Let's take a look at one of my favorite ways to trade bitcoin, especially one of my favorite ways to trade Bitcoin on leverage by using 1x margin somewhere as simple as robin hood.
Bitcoin and MSTR are so heavily correlated these days that its rather straight forward of a play to trade MSTR as if it's your Bitcoin vessel.
MSTR. is also in a great range to buy IMO. Especially if looking forward more than just the next few days/weeks.
Its Highly likely you see MSTR run up into the $800-$1200 ranges over the next 12-36 months based on how and when BTC takes off.
September 21 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart
Bitcoin is down 3.25% over the last 24 hours and fell to an intraday low of $18,715.37. Traditional equities also declined, with the Dow Jones Industrial Average, Nasdaq Composite and S&P 500 falling by 1%, 0.95% and 1.1%, respectively. The Fed is unlikely to announce anything surprising on the interest rate as the CME FedWatch Tool is predicting an 84% probability of a 75 basis point hike. Investors will focus more on Fed Chair Jerome Powell’s comments after the FOMC meeting. If Powell expresses a more optimistic view about the state of U.S. inflation, Bitcoin’s price will likely move higher.
Today’s Cryptocurrency Headline
MicroStrategy Brought 301 Bitcoins for About $6 Million
U.S. SEC regulatory filings show that between August 2, 2022, and September 19, 2022, MicroStrategy acquired about 301 bitcoins for about $6 million in cash, at an average price of $19,851. As of September 19, 2022, MicroStrategy, together with its subsidiaries, held approximately 130,000 bitcoins with a total purchase price of approximately $3.98 billion and an average purchase price of approximately $30,639 per bitcoin.
Disclaimer: BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article.
BTC: Bulls are back!?Bitcoin
Intraday - We look to Buy at 20917 (stop at 20487)
Short term bias has turned positive. We look to buy dips. 20771 has been pivotal. 20874 has been pivotal. A lower correction is expected.
Our profit targets will be 21987 and 22387
Resistance: 21800 / 22500 / 23000
Support: 21500 / 20800 / 20500
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’) . Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
September 6 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart
According to CoinShare, digital asset investment products saw minor inflows totalling US$9.2m although the predominant inflow was into short investment products. Bitcoin saw outflows totalling US$11m, representing the 4th consecutive week of outflows. Bitcoin is up 0.68% over the last 24 hours and rose to an intraday high of $20,180.00. The largest cryptocurrency has been trading between $19,500 and $20,500 for the past few days, suggesting the market lacks upward or downward momentum. The current market sentiment is extremely weak as the Crypto Fear & Greed Index is showing the market is in extreme fear territory.
Today’s Cryptocurrency Headline
MicroStrategy is Working on Enterprise Applications of Bitcoin Lightning Network
MicroStrategy executive chairman and former CEO Michael Saylor said at the Baltic Honeybadger conference that the company's developers are working on solutions that would allow large numbers of people to join the Lightning Network, a payment network on top of bitcoin allowing faster and cheaper transactions. Saylor said: “MicroStrategy has got some R&D projects going on right now where we’re working on enterprise applications of Lightning: enterprise Lightning wallet, enterprise Lightning servers, enterprise authentication.” It’s still a very early stage and it’s yet to be seen whether any viable products would come out of this, Saylor said.
Disclaimer: BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article.
BTC: Bears are back!!Bitcoin
Intraday - We look to Sell a break of 19488 (stop at 19851)
Daily signals are mildly bearish. Trades with a bearish descending triangle formation. The bias is to break to the downside. 19500 has been pivotal.
Our profit targets will be 18601 and 18101
Resistance: 20000 / 20500 / 21000
Support: 19500 / 19000 / 18500
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
$MSTR Level check MondayDaily range 265 - 283
End of month range 210 - 220
We've put another pre-market gapper into the books in today's opening session on US markets for Monday, opening -5% below friday's dismal close. WIthin the first 1h candle we've recovered most of the gap, and current 1h candle volume is higher than average, so demand is strong for the moment at these levels.
The most recent gap between 300 and 325 is sticking out like a sore thumb. It's a highly contested area since the start of the month, where trading ranged from Aug 1-10. Everyone who went long in that zone, and everything above it once the market managed to flip it into support are now completely trapped.
The gaps of mid to late July are calling from around 210 to 230, which lines up with the distribution fann I see in the chart, leading us down to exactly 210-230 range by the end of the month. This, unfortunately for the HODL'ers among us, is shaping up to be the most likely scenario....
Where are you at with $MSTR?
MicroStrategy still heading sub $100I still think we will se a last trip down in the $BTC price before heading for $30,000 per coin.
No doubt that $MSTR is extremely sensitive to that PA. Which is also why this stock will become extremely valuable once $BTC travels to new ATHs.
Not only does the company own a ton of coins, but they also have the #1 advocate and spokesperson for Bitcoin as their CEO. That's why I can easily see $MSTR outperform $BTC in this cycle.
I've got a chunk of fiat side-lined for when we enter the drawn box. An area in which the stock has spend quite a lot of time in in the past.
6/26/22 MSTRMicroStrategy Incorporated ( NASDAQ:MSTR )
Sector: Technology Services (Internet Software/Services)
Market Capitalization: $2.321B
Current Price: $205.44
Breakout price: $222.50
Buy Zone (Top/Bottom Range): $195.30-$135.90
Price Target: $404.50-$418.10
Estimated Duration to Target: 99-103d
Contract of Interest: $MSTR 10/21/22 220c
Trade price as of publish date: $44.80/contract
BTC: Looks like a Head and Shoulders?!1Bitcoin
Intraday - We look to Buy at 20022 (stop at 19388)
We have a 78.6% Fibonacci pullback level of 17800 from 3850 to 69000. 20080 has been pivotal. 19744 has been pivotal. Trading close to the psychological 20000 level. Bespoke support is located at 20000. We look to buy dips.
Our profit targets will be 21688 and 22088
Resistance: 21700 / 23000 / 24000
Support: 21000 / 20000 / 19000
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’) . Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
BTC: Further downside expected!!Bitcoin
Intraday - We look to Sell a break of 19788 (stop at 20501)
With signals for sentiment at oversold extremes, the dip could not be extended. We have a 78.6% Fibonacci pullback level of 17800 from 3850 to 69000. Trading close to the psychological 20000 level. 20080 has been pivotal. A break of the recent low at 19900 should result in a further move lower.
Our profit targets will be 18051 and 17651
Resistance: 21000 / 22000 / 23000
Support: 20000 / 19000 / 18000
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’ ). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Microstrategy to sub $100 per stockGive me one good reason as to why $MSTR should not visit the lows of this fibonacci retracement .
Right now you can't.
Will it see ATH again? "Absolutely". But it will continue to bleed along $SPX and other stocks.
Good to hear Michael Taylor assure everyone that they will be fine no matter have bad $BTC will dump.
BTC: Status quo unchanged. Bearish?!Bitcoin
Intraday - We look to Sell a break of 28488 (stop at 29009)
28561 has been pivotal. A break of bespoke support at 28500, and the move lower is already underway. Daily signals are bearish. There is no clear indication that the downward move is coming to an end.
Our profit targets will be 27207 and 26807
Resistance: 30000 / 31000 / 32000
Support: 28500 / 27700 / 27000
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’) . Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
BTC: We remain bearish territory?!!Bitcoin
Intraday - We look to Sell a break of 28785 (stop at 29436)
Primary trend remains bearish. A break of bespoke support at 28800, will open an aggressive bearish move. Daily signals are bearish. There is no clear indication that the downward move is coming to an end.
Our profit targets will be 27207 and 26807
Resistance: 30000 / 31000 / 32000
Support: 28800 / 27700 / 27000
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
BTC: Margin call for Microstrategy?!Bitcoin
Intraday - We look to Sell a break of 28548 (stop at 29111)
Daily signals are bearish. A break of the recent low at 28615 should result in a further move lower. 28561 has been pivotal. There is no clear indication that the downward move is coming to an end.
Our profit targets will be 27151 and 26651
Resistance: 30000 / 31000 / 31400
Support: 29000 / 28600 / 27800
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Serious Risk For Microstrategy & Bitcoin (MSTR + BTC)This is a short post. Over the last few months, I've written and spoken about why Michael Saylor's entrance into Bitcoin has contributed to my skepticism about the valuation of the market, since the MSTR chart eerily echoes the bubbly behavior from the dotcom boom. As leverage and profit come out of the market, I think MSTR will be severely impacted. Saylor himself has said that holding MSTR is the closest you can get to holding a Bitcoin spot ETF. I think this is all going to backfire, and result in a precipitous drop for both. If MSTR declines back to $160 per share, I expect Bitcoin also to fall at least 50% and break the $20k line.
As shown on the left, Bitcoin can bounce at this trendline to begin the next month and perhaps make an attempt at the $50k level. This is seeming less and less likely, but you never know! I always acknowledge the alternate possibility. We'd need to see a dovish shift from the fed and/or student loan cancellation for that to occur, in my opinion.
Immediate Bearish targets for Bitcoin:
$17.2k
$13.4k
$9.7k
MSTR:
$227
$165
$121
This is not meant as financial advice. This is meant for speculation and entertainment only - this represents my opinion. There are plenty of other opinions out there :)
-Victor Cobra