ティン◯コ
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$MicroStrategy (MSTR.US)$
I am looking at the chart of virtual currency-related stocks for the first time, and it seems like there was a significant drop yesterday due to reports on short sell institutions.💦
Of course, there are also many individual shorts...however! On the contrary, I would like to consider at what point short covers (stop-loss) occur from the perspective of someone like me who also shorts.
⭐︎ Point 1: 461
The position of the 50% retracement of yesterday's candlestick chart is nicely aligned with the low of the day before yesterday, which could trigger short covering if surpassed. ✨ However, there may also be many short sellers looking to average down just slightly below that.
⭐ Point 2 RSI exceeding 70
Short-term RSI at 68.69 at the time of the post, and if it exceeds 70 again, it may suggest the continuation of the trend, likely prompting withdrawal from the short sell ✨
⭐ Top favorite ⭐ 543
First of all, short selling is usually done by technical enthusiasts. The reason for entering the short this time is because yesterday's candlestick chart included the outside bar and incorporated the previous two days, which is considered the basis.
In other words, if it surpasses the bearish candlestick from yesterday, the basis will be invalidated and it is advisable to withdraw...
I am looking at the chart of virtual currency-related stocks for the first time, and it seems like there was a significant drop yesterday due to reports on short sell institutions.💦
Of course, there are also many individual shorts...however! On the contrary, I would like to consider at what point short covers (stop-loss) occur from the perspective of someone like me who also shorts.
⭐︎ Point 1: 461
The position of the 50% retracement of yesterday's candlestick chart is nicely aligned with the low of the day before yesterday, which could trigger short covering if surpassed. ✨ However, there may also be many short sellers looking to average down just slightly below that.
⭐ Point 2 RSI exceeding 70
Short-term RSI at 68.69 at the time of the post, and if it exceeds 70 again, it may suggest the continuation of the trend, likely prompting withdrawal from the short sell ✨
⭐ Top favorite ⭐ 543
First of all, short selling is usually done by technical enthusiasts. The reason for entering the short this time is because yesterday's candlestick chart included the outside bar and incorporated the previous two days, which is considered the basis.
In other words, if it surpasses the bearish candlestick from yesterday, the basis will be invalidated and it is advisable to withdraw...
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ティン◯コ
commented on
$MicroStrategy (MSTR.US)$ Is short sell okay?
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$MicroStrategy (MSTR.US)$ Just because bitcoin has exceeded $500, let's leave those who talk about taking profits behind. Those who cannot imagine what bitcoin will become in the future should sell.
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$Bitcoin (BTC.CC)$ Bitcoin will become like gold or a base currency. It will no longer be in the dimension of 0.09 million or 0.1 million. Countries other than the usa will also come forward to declare their participation from now on. We should be aware that we are at a turning point in history.
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$MicroStrategy (MSTR.US)$ I bought at the ceiling with a limit order, but it dropped instantly. When I look at the history, it's already completed so I can't cancel it, right? It seems like I can't sell it yet since I just bought it. What should I do? Please advise. I am a beginner.
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$Bitcoin (BTC.CC)$ Too amazing
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ティン◯コ
reacted to
$Gyre Therapeutics (GYRE.US)$ GYRE
The turnover is still too low.
Well, while I'm talking about that too,
Things are going to change all at once along with stock prices.
It's not a one-off rate of change around 20-30%.
What would happen to the appropriate market capitalization for both parent companies' GNI?
As I've said many times,
I still don't plan on selling them as platinum tickets.
Short-term immediate 45-75, medium term 150, long term...
The turnover is still too low.
Well, while I'm talking about that too,
Things are going to change all at once along with stock prices.
It's not a one-off rate of change around 20-30%.
What would happen to the appropriate market capitalization for both parent companies' GNI?
As I've said many times,
I still don't plan on selling them as platinum tickets.
Short-term immediate 45-75, medium term 150, long term...
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liked
Jerome Powell, Chairman of the Federal Reserve System (Fed), said that they are prepared to raise rates further if appropriate in his opening remarks at the annual Jackson Hole Economic Symposium.
Key takeaways from Jerome Powell's speech at the Jackson Hole Symposium
"We intend to hold rates at restrictive level until confident inflation is moving sustainably down to 2%."
"Fed will proceed carefully when deciding t...
Key takeaways from Jerome Powell's speech at the Jackson Hole Symposium
"We intend to hold rates at restrictive level until confident inflation is moving sustainably down to 2%."
"Fed will proceed carefully when deciding t...
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