TradingView
Tea-cher
Feb 20, 2018 1:33 PM

Cannabis coin, will turn uptrend after Bitcoin is pumped. Long

Description

Cannabis Coin is sitting on right at the very long term support level at 810 satoshis.
Went up to 4500-3000 satoshis and now at the very oversold area cause of cryptomarket crash.
Now Bitcoin is recovering and i expect it to bounce and breakout at this level.

New development and partnerships are coming.

Comment

Cannabis Industry will grow as Canada, US will legalize it more and more.

Comment

LOWEST RSI. Accumulation Period.

Comment

I think If Bitcoin is breaking the downtrend line at around 28th of Feb or 1st, 2nd of March.... That's when the Alt coins will recover again. Now it is the period of "Accumulation".

I think 660-720 is very good buy zone to accumulate CANN Coin.

Trade active

Okay. Starts to move. My timing was not so correct. It's starting to move up.

Trade closed: stop reached

Comments
iamtomchi
any update now?
currently at 690
seems like a good buy
Tea-cher
@iamtomchi, I think If Bitcoin is breaking the downtrend line at around 28th of Feb or 1st, 2nd of March.... That's when the Alt coins will recover again. Now it is the period of "Accumulation".

I think 660-720 is very good buy zone to accumulate CANN Coin.
iamtomchi
@iamtomchi, sorry to disturb again, seems like btc gonna rise this time
currently at 10200 (around)
Tea-cher
@iamtomchi, Bitcoin should break the downtrend line if we're after altcoin recovery.
Check the chart that i uploaded and let's patiently wait for it.
I will wait for it.

iamtomchi
@Tea-cher, hello bro,
any update on CANN?
been holding for long although it went to 900+ but due to some unforeseeable reasons I was not able to sell.
Tea-cher
@iamtomchi, Hey, When i made this chart, i thought the bitcoin would breakout and bulls come back again. It did not happen at that time and now i starts to see the cryptomarket is going to bullish again. So, i just bought more of it now.
iamtomchi
@Tea-cher, but there's a possibility of deathcross in BTC.
Tea-cher
@iamtomchi, I do not worry about that. I think we will see bullish movement soon (next week)
iamtomchi
@Tea-cher, hope so man!!
I am tired of seeing BTC under 10K
Tea-cher
More