MSTR trade ideas
Let's watch MSTR! High risk - high reward! 👀MSTR just went down to close a gap, and now it looks like it wants to react. In fact, now is a good time for a bullish reversal, as we are near support levels.
The problem is the 20ma, but the 4h chart looks interesting:
We hit a support level, and now we have a hammer candlestick trying to reverse the trend. The RSI was overbought, but after today’s drop, it is back to normal.
I wouldn’t say it is a buy right now, but we must keep our eyes open. In the daily chart we are just above the 20ma:
If MSTR breaks the 560 again, it can go up for the 650 next. But if it loses the 513, then it’ll keep pushing down to the 420! . Let’s wait for a confirmation here on MSTR! Also, with the proper risk management, everything is possible ;)
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See you soon,
Melissa.
REALISTIC RECOVERY AFTER THE MAZE - MICROSTRATEGY - MSTR - DAILYRare are the one's publicly showing that they are going all in the bitcoin investment because of its volatility.
Looking at the MSTR Nasdaq "Microstrategy" curve since 2020, we see a pattern looking like any small gem crypto chart pattern on any DEFI (Decentralized Finance) platform. It went up with lot of maze, became parabolic and ended with super volumes top squeeze. After the fall we see some consolidation and later on a more realistic price increase in a flatter angle.
The red horizontal zone is probably the area where the price is trying to find a support. Huge sells volumes have been defeated recently. We will probably see the price increase if it passes over this red zone with nice volumes.
The end of year possibly will probably see a much more "greener" Bitcoin, will it become profitable for MSTR?
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Thanks for your likes, shares and comments! Much appreciated! This is not financial advise, just some ideas shared with the community.
MSTR - possible 5th wave starting?Is this a possible route going forward.....and if it is does that mean one more burst of risk-on for equities and crypto......?
Stocks - MSTR Short (S1)Idea for MSTR (S1):
- Price is in a down Trend.
- Price is making new lower highs and lower lows.
- Clear Distribution pattern.
- CEO Saylor make a grave error in doubling down on Bitcoin using junk debt.
- I am short junk bonds.
- Microstrategy's implosion will be extraordinary.
- Shorter timeframe excellent short entry with good R/R:
GLHF
- DPT
$MSTR - Numbers Go UpNew ATH Target, somewhere in 2022-2023
LEAPS best strategy to maximise upside while capping the downside
Hourly trampoline and daily ball of the foot setupMomentum is heading higher while there is hourly trampoline and daily ball of the foot. Looking for off the toe.
Who Is Driving BTC Price? MicroStrategy Based On Elliott WavesHello traders!
Today we want to show you how strongly MicroStrategy and Bitcoin are correlated, so it can be telling us who is driving the price of Bitcoin.
As you can see, charts are in tight positive correlation and looking at the wave structure of MicroStrategy from Elliott Wave perspective, seems like one more leg down is missing to complete a five-wave cycle within wave (C), therefore BTC may stay down or sideways for some time.
From psychological point of view, many new Crypto traders are buying dips now in fear, desire, and greed not to miss again, so in Crypto market is always dangerous when the price turns for 50% from the highs, so we have to be very smart and patient.
We actually believe that BTC is still trading in a correction, it's just a higher degree corrective phase which can be a bigger one and it may take some time to make traders insecure and impatient before bulls show up again.
Be humble and trade smart!
If you like our idea, then please like and share it.
Disclosure: Please be informed that information we provide is NOT a trading recommendation or investment advice. All of our work is for educational purposes only.
MicroStrategy Price is holding the 200 ema with good volume This is a risky trade, but price is reacting well at the 200 ma with higher volume, i would like to see a breakout above the trend line and a push back over the 20ma
$MSTR 200MA R/R 200 D MA AFTER A MASSIVE RUN GREAT R/R AREA
GOING SMALL AS THIS IS RISKY
SCALING IN LIGHTLY
$MSTR, interesting setup with low floatim looking to get into this one ,the float and the price is quite interesting, imaging what would happen if float drop by 50%
MSTR in big trouble. target 350... or worse.MSTR in many ways has become a proxy for the bitcoin trade. With 91k bitcoin at an average price around 21k, the bulk of MSTR's market cap comes from it's bitcoin assets, not it's actual business. In many ways, this chart could resemble a descending triangle, but really we are just going to follow the bitcoin chart. While BTC hit my ~42k target today, I see it going down further still - perhaps as low as 30k in the coming weeks. That would imply nearly 30% more downside for bitcoin - putting MSTR around 330 from today's price. However, given the support I see aroudn 350, it is possible their actual business may kick in and offer the extra 20/share.
There is also a remote, but real risk things could get substantially worse for MSTR. Due to their leveraged play of buying bitcoin with debt, it is possible (again, remote) that a precipitous drop in bitcoin price could cause certain covenants in their bonds to force liquidation at low prices on bitcoin. Depending how low, it is conceivable (I don't know the details of their offering!) this could trigger other things that may be bad for shareholder, such as a secondary or something else. These risks seem very real, although most likely they would hedge or reduce exposure as things moved in this direction.
Lastly, it is worth noting the weekly chart momentum indicators on MSTR here does not look very promising either.
MicroStrategy - Easy MoneyThe stock just hit the green support line. To be conservative, I waited for confirmation and the stock has already climbed 100 dollars in the last 3 days. Now, assuming the trend continues, where the stock flits between support and resistance, an easy 220 dollars can be made in the next week or 2 (920-current price)
Tell me what you think, like and follow:)
MSTR vs LMNDBoth companies look to be breaking out of a descending triangle pattern. Lots of speculative money went into inflating them.
MSTR hasn't dropped by much compared to LMND, so there is probably still time to build up a short.
MSTR - MicroStrategy - Inverse Head and ShouldersPotential Inverse Head and Shoulders pattern present on MSTR, for those looking for a stock play on Bitcoin.
For a more conservative entry: break above $890 = breakout of the Inverse Head and Shoulders, more aggressive entry would be to enter now, prior to a confirmed break, this is risker (as the move has not be confirmed) however the distance to the stop loss is significantly less.
Stop Loss = Close below $520
-TradingEdge
