ImpactDLT

ImpactDLT

Short term bearish outlook. -NFA

ImpactDLT Updated 

COVID has pumped this stock to overbought. Teladoc Health now anticipates revenues for the first quarter of 2020 to be in the range of $180-181 million, up 40% year over year. Adjusted EBITDA is expected in the band of $10-11 million compared with $1.2 million in the first quarter of 2019. -NFA

ImpactDLT

Amazon super strong right now, maybe overbought? We all know sales are up, but are they up 12% from high in Feb 10th? Might see some pullback before further upside. -NFA

ImpactDLT

Increasing competition Overbought Bulls running out of steam April 21st Q1 earnings possibly already priced in 60mm USA subscribers / 130mm USA families = 46% of USA Families which means increasing difficulty in obtaining new subscribers. Little new content due to COVID19 shutdown. Short -NFA

ImpactDLT

-NFA

ImpactDLT

Possible long term buy. -NFA

ImpactDLT

Need more data but low was retested and rejected. -NFA

ImpactDLT

Not looking strong for continual bullish action. -NFA

ImpactDLT

-NFA

ImpactDLT

-NFA

ImpactDLT

Gonna start putting ideas out. Take it with a grain of salt -NFA

ImpactDLT Updated 

MASSIVE BTC Inverse HnS forming Closed above 200DMA for 2 days in a row. This weekend's close will provide more light. Golden cross still intact. Halvening in 73 days. US/World Markets crushed while BTC staying steady. Bullish Divergence up to 6hr TF. Good luck

ImpactDLT

Bitcoin works in cycles. 11/25/2013 1177.19 1/12/2015 163.88 -86.08 Bottom of Bear Market 2015 11/2/2015 501.22 206% Breakout of Bear Market 2015 11/9/2015 298.76 -40% 6/13/2016 783.93 162% Local All Time High 8/1/2016 483.16 -38% 1/2/2017 1180.02 144% ATH 1/9/2017 751.08 -36% 3/6/2017 1225.79 76% New...

ImpactDLT

It's been a while since I've done an update. About a month ago it was it was super quiet and not a lot of action. Then bam right in the beginning of April huge volume. We've been stead trading in the range of 5000 to 5250 for almost 2 weeks now but we are showing some signs of weakness (lower volume and unable to break 5300). There are a few things coming up next...

ImpactDLT

Over a month since last update, and not really much has happened. This is GREAT news! We should be in the accumulation phase of this cycle where prices stay relatively stable (in between the red lines). People that have weak hands usually sell in this period because there's not enough "action" and bitcoin isn't going to go anywhere. The smart money start...

ImpactDLT

We broke out of the descending channel (blue lines) really nice a strong and we've kept up the rally. The bull volume strength is fading a bit and shorts are gaining strength. We are going to face some major resistance at the pink line @ ~$4333. We just completed a mini bull flag with this last pop today. Set your stop losses if we don't gain serious momentum...

ImpactDLT

Looking at the 1D. We are pretty close to the target set after breaking out of the descending triangle pattern. The chart that I have been using is from Bitfinex. You might have noticed that other exchanges like coinbase / kraken / binance have a bit different charts that the one from Bitfinex. They are slightly different especially where USDT doesn't hold it's...

ImpactDLT Updated 

Marked in the black lines, you can see multiple consecutive bear flags that seem to be getting smaller and smaller. Those bear flags are incorporated inside of a falling wedge pattern. All this gives a good indication of a serious break out coming soon. Falling wedge pattern indicates a trend reversal and the target is the difference between the start of the...