Z1P is in a massive Rising Wedge as we can see here on my Log Chart-
It clearly respects the trendline of the pattern. We can use this to our advantages by taking profits at the top and accumulating positions at the bottom of this channel compounding wealth.
The moment Z1P reaches the top of the rising wedge, it will either break out to the upside or to the...
Can Group Pot stock.
As you can see, Cannabis stocks in Australia look very similar to the 2017 cryptocurrencies pathways.
Initial hype of parabolic advances which was fueled by euphoria followed by a blow off top which resulted in a multi year downtrend.
The multiyear downtrend put the market cycle in consistent disbelief stage flushing out all the weak...
Z1P has broken out of the descending triangle from its head & shoulders correction pattern.
Z1P currently is on its new trajectory making higher highs. Good sign for long term hold until targets are met.
Slow and steady wins the race- Revenue announcements/US stimulus might propel this stock onwards and upwards.
For long to mid term analysis, please...
Looking for potential assets that have trading confluence that demonstrate market activity that shows "where the herd has been flocking"
In other words the purple box shows the market psychology of where the trading action has been for a while. It just confirmed it broke to the upside out of the triangle starting a new path forward.
This tells me...
Keep it simple.
What happens when breakouts go beyond the triangles....
I can feel a huge move coming..
RSI still room to go
MACD still room to go.
Overall market cap increasing with crypto
Chain link provides one of the most interoperable oracle service on the blockchain/defi world period.
This is my Logarithmic BTC chart based on the stock to flow ratio from 2012-2020 onwards.
We can see BTC has proven to be the best performing asset class period with the best risk to reward ratio.
My Logarithmic chart represents fundamentals of-
Elliot wave theory bull runs 1235 followed by ABC corrections, Rinse and repeat.
Every corrective bottom from wave C...
I have done a very detailed analysis on Z1P for price targets for 2021.
I have done approximate measured moves from bottoms to tops for the last 3 cycles of big swings from 2018. They average about 5X returns over the course from bottom to top. Covid from bottom to top is 7X ( this is an exception) so I wont be taking this fully into consideration. I have applied...