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Trading Strategies Apple (NASDAQ:AAPL)Trading Strategies Apple (NASDAQ:AAPL) Based on daily chart, the general outlook for short term AAPL is BEARISH. 1. This is because the price create lower low (L1-L4) and lower high (H1-H3) from first November 2018 until end of December 2018 . The bearishness evedence can be supported as the price now is below 50-days EMA. 2. However notice that, there is bullish divergence between MACD histogram and the movement of the price plus crossover of stochastic below 80 (oversold area). This is likelihood to technical rebound supported by Japanese Candlestick shows inverted hammer. In addition, current price is located at the previous supports ; 22nd Sept 2017 and 9th Jan 2018. This should has less sufficient selling pressure thus possible buying pressure increase that lead price rebound. 3. For short term trading strategies, trader can enter in LONG position when the price penetrate 10-days EMA and trendline T1. If not, stand aside! 4. Target Profit for long position strategies is at $164.48. The target is confluence with Fibonachi Retracement 23.6%. Suggestion stop loss is $154.21 with reward risk ratio 4:1. Next target profit is $175.36 and suggested protective stop loss to protect profits from losses. Any comments are most welcome! Bukhari Razali Technical Analyst +6019-523 0131 www.tradingview.com #TecnicalReportCMB Disclaimer: Investments involve risks, including possible loss of principle and other losses. The author has positions in some of these instruments.The author shall not be responsible for any losses or lost profits resulting from investment decisions based on the use of the information contained herein.If investment and other professional advice are required, the services of a licensed professional person should be sought.
NASDAQ:AAPL
by CMBukhari
When to buy the dipSo, it seems that the bullmarket continuation scenario is getting more and more unlikely by the day. This scenario would have brought us to 100K sometime this year. However, due to the continued weakness of bitcoin, a bearmarket seems much more likely :( But how can you trade a bearmarket? Well, it seems that one has to wait for the right buying opportunity, when a dip occurs, which goes significantly below the weekly bollinger band. Historically, in the 2014-2015 bearmarket, every time btc dumped strongly below the lower weekly bollinger band, a very strong bounce took place, about 50-100% bounce, every single time. So, trading this market is pretty simple: wait till it dumps below weekly bband, buy, sell at the bounce, after 30-50% rebound, to be on the safe side. Rinse, repeat. Wait for the next dump. And then, in 2019, the low will be reached at some point, and one can start buying good old cheap coins at around 2K :) Because the next bullrun WILL come, starting in 2020 with the halving. The chances for the continuation of the bullmarket this year, are not zero however. They are small, but this scenario is also not completely off the table.
BITSTAMP:BTCUSDShort
by SebastianofMoon
6
The Asian session and every other day effectRecently , it can be said with no doubt that crypto and it's current bear winter have been unkind to Asia , specifically China - where mining companies are going bankrupt, where ASIC'S that were high end not all that long ago are being sold for scrap. Thusly, many miners and owners of mining pools HAVE NO CHOICE but to sell their BTC , likely other MINED currencies , and who can blame them. The problem comes in there and in the American sessio , where people perhaps are just not seeing the correlation and taking the time to either buy or at least not succumb to panic selling. Not ALL CRYPTOS ARE MINED. This is an important distinction , and yet the market continues to look to Bitcoin for price direction. In the past 48 , BTC rallied out of proportion to prominent coins that dont require mining. The coupling effect?? Price manipulation to keep mining in business?? Institutional buy in?? The latter seems unlikely as that would result in a sustained rally, and Bitcoin , while in the green , is teetering. Other coins didn't fare too well. Something else seems to happen during a wavering market - everyday at some point the TRADEVIEW daily range resets , and more often than not , price movement has changed direction every other day in a wavering market. Can people not see this, or is it some psychological cue to sell that bypasses reason? Finally Coinbase. Coinbase has been leading the pay your taxes charge , yet cannot on it's base platform (many of us bought our first coins there , so please dont judge ) differentiate a sell from a withdrawal. This has made software testing difficult. Does anyone know if API access helps clear things up? Correlate ACTUAL withdrawals with deposits on other exchanges?? Please comment below if you know or can point me in the right direction. I entered the game late , took losses , and I need a practical way to correlate this data. Caveat Emptor.
BITSTAMP:BTCUSD
by Cryptocautious
NEO can move higher#NEO 1d Currently it demonstrates a good level for building upward movement. The market has been following a downtrend for a long time, and more recently has found its support and went sideways. The recent lows act as a support, the breakdown of which with a high probability will direct the market to a further decline, but if we continue and continue to gain volume, then the asset has good chances to touch the upper edge of the formed side channel. In the medium term, we can consider a level of around 3000 as the main goal. As you can see on the 1-day chart, then we are met by the resistance of a long-term downtrend, the breakdown of which should be accompanied by a correction and a subsequent set of growth, and a long-term goal can be considered a level of about 5000.
by CryptoWolfsTrust
1
BTC can bounce, but globally (for now) is ready to go lower#BTC Pretty strong and impulsive decline, the price broke through Fib 0.786 against the last wave of growth and is trying to consolidate at this level. Since we returned to our previous template, in previous posts predicted a deeper decline with the possibility of a rebound at current levels. Now we can move higher (Stoch RSI is oversold and starts to bounce, a strong amplitude of possible price fluctuation, RSI in medium scales bounces out of the oversold area) and again test the upper bound of the template. But in 3 days the trend is still downward and at the moment the global market is ready to move lower.
COINBASE:BTCUSD
by CryptoWolfsTrust
It seems a failing Wave 5 for the Wave aIt has been taken a whole month for DXY consolidate around 94-95. and the EURUSD is also consolidate 1.1500-1.1850. Today in early European session, EUR/USD take 15 min to rally 25 pips. it seems to me that the Wave 5 for the Wave a is done. the previous idea talking about wave a finished may need to amend and the failure 5 is the end point of wave a. so we should head for a retreat of USD and rally of EURUSD and targeting 1.1850 or above. the assumption for failure 5 to hold, 1.15 should not be broken. so we could put stop @ 1.15.
Long
by bruceyam
BTC rebound is comingOn a 1-day scale, the market is too oversold: Stoch RSI has pushed its lower limit and is already starting to rebound, RSI in the oversold area, where it can also unfold. Below meets tight support near the level of Fin 0.786, within the cost of 4800-5000, but to decrease further to these levels without a visible correction of the fall (rebound or flat), the market can not, Bitcoin lost 29% of the value in just 17 days. In addition, the price is not the first time approaching the 6000 mark, it is very important that it does not go lower, which indicates good support at current levels. As long as the daylight candle did not close below this level, we still have chances for a further positive development scenario, otherwise closing the candle below will indicate the possibility of further decline.
BITFINEX:BTCUSDLong
by CryptoWolfsTrust
2
TRXBTC bounce after pumpAt the moment the market looks optimistic, the price can fluctuate in the range of 0.00000540-0.00000560 for a while. Indicators demonstrate the probability of rebound after the recent pump, MACD intersects in a critical area and can move higher, pulling the price with it. RSI is bullish with a margin aptitude for further progress. The market is ready to achieve the next level of resistance and move to higher levels of trade. The targets, buy zone and stop loss are mentioned in the signal in the Premium channel. The nearest free target is 0.00000580 which is drawn at the chart
Long
by Skyrexio