PayPal SHORT swing - PYPLPYPL stock is reaching BIG RESISTANCE around $253. It is a good opportunity to realize your profits before a possible correction. If you want to short, the target price for SHORT profit is $207. I recommend PayPal price around $200 as a good entry-level to BUY this stock if you want to hold it longer. A price of around $180 should be perfect to jump on the train with a bigger position.
PYPL LEVELS:
$253
$242
$207
$200
$180
Paypal
ALGO Bullish Trend and "Future of Global Payments" Report updateShwatup doe! Hope you are healthy, wealthy and blessed!
Here we take a closer look at ALGOUSD on the 4 hour chart!
ALGO has been ranging between $.36 and .47 over the past few days; gaining strong support at $0.38 and at the current level of .3950
Volume and Money Flow have been increasing dramatically...
If .47 is broken, we could see a quick move to the $.53 area, but we need to hold $.43 as support. I am bullish short term and long term, but cautious at this point as Bitcoin is in uncharted territory and the correlation is obvious.
DCA (Dollar Cost Averaging):
Look at fib levels for entry points at support and buy any dips at these levels. As price moves up and resistance becomes support, act accordingly. Use stop loss and take profit at resistance zones, and watch for breakouts that come back to test previous resistance as new support for entry signal as you don’t want to miss the move up!
I think a great entry is anything between .36 and .40 and a good entry is anything at or below .43 for the current price action, with stop loss just below support at .36 as to not get stopped out and miss the next move up! But that’s just my opinion.
Possible short term bearish scenario:
If $.47 cannot be broken on the next go at it and if we cannot hold the $.43 as support, AND If btc corrects and money doesn’t flow into Alts but Instead into fiat (which doesn’t really make sense to me because the US dollar is increasing in supply as I have already received my stimulus check as many of you have), it is possible that btc will take the whole market for a correction.
And as for “The Future of Global Payments” report, here is the link to download the 64 page report from ALGOrand.com —-
info.algorand.com
This report from the DMI (Digital Monetary Institute) and OMFIF - (the Official Monetary and Financial Institutions Forum) , contains contributions from Algorand, who’s name and logo appears next to the likes of contributors:
MasterCard,
Citibank,
PayPal,
GrabPay,
Swift,
and more.
Notable quotes written by Steve Kokinos, chief executive officer of algorand:
"THE economy functions on complex systems that present challenges and opportunities when it comes to payment services for consumers, businesses, governments and financial markets. Legacy financial systems do not have the efficiency, trust or accessibility needed to advance global payments. Blockchains solve this by bringing trust to otherwise untrusted systems. (...)
Implementing trust through legacy methods and available technology is simply not feasible. The path to generating trust is through programmable systems and programmable money, or real money that is represented digitally. (...)
Blockchain offers a completely different way to organise and manage payments systems. It provides real-time, cross-border payments worldwide –
and even new ways to store value.
A platform like Algorand, paired with fintech’s latest developments and simplified developer toolkits, has the potential to take the lead in the race for payments innovation."
Thanks for reading and thanks for your support!
As always do your own research, I am not a financial advisor and this is not financial advice
and
ONE Love ❤️
NASDAQ:PYPL Paypal stock price forecast, Buy, Target 335PayPal (NASDAQ: PYPL)
Trade : Buy
Entry : 220
Target : 335 (115, +52.27%)
Stop : 183 (-37, -16.82%)
Posted on Tuesday, December 15, 2020
Note : PayPal stock is expected to rise higher. Even though I don't know how high it will go, I think it will go very high. Resistances (targets) could be 273 and 335. Support could be 183 and 160. As digital payment stocks, Apple (NASDAQ: AAPL), Square (NYSE: SQ), Visa (NYSE: V) and Mastercard (NYSE: MA) also look very good. Perhaps, they will get people's attention in 2021-2022 again.
BCH/BTC 6h (Binance Spot) Descending triangle near breakoutBitcoin Cash is preparing for next big move, I believe it will be upwards.
Current Price= 0.015772
Buy Entry= 0.015898 - 0.015408
Take Profit= 0.017398 | 0.018854 | 0.021621
Stop Loss= 0.014495
Risk/Reward= 1:1.5 | 1:2.75 | 1:5.13
Expected Profit= +11.11% | +20.41% | +38.08%
Possible Loss= -7.43%
Fib. Retracement= 0.5 | 0.786 | 1.272
Margin Leverage= 1x
Estimated Gain-time= 480h
Paypal Breaks Covid-19 Bull Flag!Paypal breaks the Bull Flag since the Covid-19 V-shaped recovery, and has now huge upside potential.
On the Weekly already, we could see the nice EQ zone between 215 & 175 forming, another rejection at the tops & subsequent break would've been preferable, but it's ok.
As long as the bulls can keep the momentum now, we are looking 240 and potentially beyond.
This trade would be invalidated, if we fake-out and come back into the EQ. We have a clear Daily HL at 206 to watch out for in this case:
Happy investing & trading!
Buying Bitcoin on Paypal: Is there an arbitrage opportunity?In this video I look at the spread between the price of Bitcoin on Paypal and BITFINEX:BTCUSD on other exchanges. Is there an opportunity for profit in that difference?
What you'll find by the end of this video is the true meaning of "mass adoption" in cryptocurrency...
PayPal Reversing AgainIn my previous PayPal post I foresaw a $215 price target. What I can clearly see now is that the channel is holding strong and that PayPal is on its way back again towards earlier support levels.
Im eyeballing Support 1 and Support 2 as potential exits, but please do your own DD.
Let's see if we have that Bullish impulse / PYPLClear setup to share on PYPL
Main concepts of the chart:
a) The price is inside a major ascending channel (Bullish Structure)
b) We saw a breakout of the last Resistance zone and the price moving on the edge of that level
c) On the edge of the Broken Resistance zone (now working as support), we can see a Flag Pattern (ABC Structure), which is considered a continuation structure (that means that we should expect a bullish movement after the breakout of it)
d) Now let's speak about targets: We have two levels, The first fibo extension (we will use it as a break-even level) and the second fibo extension as a final target
e) IF the trade goes in the expected direction, we think we can have a 15 - 20 days bullish impulse in terms of duration
f) IF the price does not go as expected, we will cancel our bullish view if we see a movement below "C."
PayPal Moving Towards it's All-Time-HighPayPal has recently regained momentum, bouncing off from the lowere trend line in the channel. Recent price behavious is showing higher highs and lower lows.
If macro economic sentiment stays positive, like now, we might see PayPal hitting $215 soon again. Think around 2 weeks.
Consider exiting your short term trade around there since its a major resistance, formed by two previous tops around the all-time-high.
PayPal Report Exceeded Forecasts Due To Growth In Online SalesPaypal shows a clear uptrend. Formed a bullish flag. If it breaks through the key resistance level, then the next targets are the Fibonacci levels.
PayPal Holdings reported better-than-expected quarterly results due to increased online sales during the coronavirus quarantine, but the current quarter profit forecast disappointed analysts. The company's revenue increased by about 25% to $ 5.46 billion, beating the analyst consensus forecast of $ 5.43 billion.
A storm is brewing in the stock market until January 20. The name of this “weather phenomenon” is the US presidential election. The American economy is the largest in the world, so the world economy indirectly depends on what is happening in the United States.
Best regards EXCAVO
PYPL Still Above Major Support LevelsPaypal looking bullish into the election. Price is still trading above some major support levels at 171.00 & 164.00 respectively. Look to buy into major support levels as risk/reward becomes very attractive. If the price manages to consolidate below 162.00 cut losses quickly. Any consolidation below 162.00 will be considered very bearish.
Double Top on Bitcoin ? Were hearing bullish news for bitcoin left right and centre, all youtube moon boys calling $100K BITCOIN
But imo why would institutional investors pay high prices for bitcoin when they know they can easily manipulate the market.
Thinking overall we have had a 266% price increase since the corona dump in March with no real correction, And i'm pretty certain large investors would have heard the paypal news weeks or months ahead of us and they will be looking to take profits to buy back in at lower prices.
We also failed to close above this key resistance on the monthly TF, also we have made a 100% retracement from previous highs.
And can we really use 2017 price action in our TA ? We all know it was FOMO that caused that rally every Tom Dick and Harry wanted their piece of the pie back in 2017, But right now I still don't see mum and dad investors piling in.
What's your thought ?
PYPL Bullish Cup and Handle pattern playing outLooks like a Cup and Handle pattern playing out on the Paypal (PYPL) chart. Upside target would be $251, but they report earnings on 2 November that could make or break this setup. I am not looking to play this setup until after the earnings report. I will post a video talking about this in more detail on my YouTube channel "Money Dad" soon.