DopeCoin (DOPE-BTC) has seen bullish momentum since it broke out the long term descending triangle last week. Three days ago, in my previous DopeCoin trade analysis, I predicted the forming of a cup and handle continuation pattern. This is an update to my previous TA. After retracing the first peak, the trend got in perfect sync with the direction of the previous...
California set make weed legal on January 1, what do you think? See link below www.businessinsider.com Now is the perfect time for entry
The MJ sector will have a sharp retrace sometime in the near future. WHEN it happens: Target the weakest names If anyone has any tickers that they would like to share as potential targets please leave a comment
Followup on my DOPE-BTC DopeCoin TA from yesterday. As predicted DOPE broke out the 500~575 zone to the 600~650 zone. Dope is on the right track to break out for handle confirmation on the big multiday cup at point A. If it however fails to break out at point A it could target point B for the smaller cup handle. Mid/long term TA history combined with this short...
The marijuana sector is blowing off some smoke after the latest toke up party. The sector is news fueled and volatile but has many buyers on the sidelines so I expect dips to continue being bought. I am a buyer of support levels and a seller of major spikes when we're clearly over extended. Supports: 1) 13.83 2) 12.00-12.15 3) 11.13 Sell targets: Over-extended...
Potential Symmetrical Triangle Continuation Cycle. Very similar to the pattern we had with WEED that broke bullish.
DOPE bullish forecast. DopeCoin broke out of a midterm descending triangle/pennant and has formed a cup in the past week. The handle could break upwards soon at point "1" or "2". Yesterday I have correctly predicted the THC run. DOPE could be the next weedcoin to profit from this momentum combined with the trend that it is showing. Buy at break signal 1 or 2....
After successfully breaking upwards from the bullish pennant of my previous THC-BTC TA, THC is now about to test the 885 Satoshi resistance line within 24 hours. The odds of continuation of the rise are in its favor given the bullish momentum so far, news/hype surrounding the "weed coins" and the fact that it is a relatively low volume coin that easily spikes...
The THC bullish pennant is about to break. The orange lines are based on the 1 day chart candles, the green and red lines are based on the 30 minutes chart candles. It has a high probability to break upwards, given the long term bullish trend and increasing general momentum for the "weed coins". If an upwards break generates a big pump it could test and possibly...
WEED has formed a second downtrend line off of the previous False Break. That part may be open to debate but this is clear. Both downtrend lines are in play, and this pattern will break soon. This should be a clear play whichever way it breaks.
1-year long consolidation. Watch close this Friday.
I am very Bullish long term on the Canadian MJ sector. I like the odds of a nice buying opportunity in the next couple weeks or so.
We had a false breakout on the continuation cycle, but there is still a possible triangle pattern.
Forget about Potcoin, Dash is for you pot heads out there! But also for your regular joe, Dash is penetrating the market from most angles. Fundamental While I am writing this up something came along and I need to go, so will have to fill in my thoughts on Dash's fundamentals later. I'll post a comment later on. Technical Same as above. Numbers ...
Beautiful continuation cycle on WEED daily. The pattern favors a bull break, but there will be good momentum whichever way it breaks.
There appears to be a nice bullish continuation pattern forming on WEED. The upward break from this pennant is $25-27.
WEED is in a strong parabolic uptrend. Removing supply and creating demand zones. Current price (~16$) is not an area to buy the stock at. Wait for pullback to enter the trend.
Possible long with the bounce off support for POTN.