Been monitoring $MDT for a breakout partially due to their Minimed 670g being such a leap in insulin pump tech. Strong sales and should dominate competition until their tech catches up.
Entry at daily REBZ $89.72.
Year 6 of 12
Week 4 of 9
Day 2 of 9
Quarterly needs 2 mo without touching the mode to confirm a 12 bar signal.
Disclaimer: I am not trading this idea, but think Lisk is setting up for a fairly low risk trade. I am aware of the re-brand, but haven't looked too closely at other factors that could justify this long trade. I am also long BTC and another rally could mean that alts will continue downward.
Those of you that like/trade Lisk, feel free to contribute any...
I think we are at the beginning of a new uptrend cycle in BTC . The weekly uptrend is still in place, and the daily downtrend (using bitstamp data) has expired. I will be looking for a move above ~$4190 to confirm, and am waiting to add larger margin positions (holding mainly spot right now).
Chart is based on methods learned from Tim West and Ivan Labrie.
Bitcoin price has weathered the storm of BCC FUD and the crazy week in crypto overall. It seems that the uncertainty around BCC is clearing up as more people/exchanges are identifying it as another alt. Expecting a short term rise to $2750 where we will grind until after August 1 (when many exchanges resume Bitcoin withdrawals and deposits).