PS_TopDollarInvestments

PS_TopDollarInvestments

Hello Fellow Traders, Today we are looking at Cronos Group Inc ( CRON ) on the TSX. As we can see, prices have been correcting after peaking in July around $35. However, the new 2020 high set just recently is only at $11.85. We can see a double bottom printed this year on the daily chart , as well as the bullish falling wedge pattern. With prices consolidating...

PS_TopDollarInvestments

Hello Fellow Traders, Today we are looking at Altimmune Inc (ALT) on the NASDAQ. We can see that on the last bullish wave, prices peaked at around $35. We can see since then a bullish continuation pattern, the falling wedge, has been printed. The price has broken out to the upside, retested the EMAs for support, and bounced back to consolidate just in the...

PS_TopDollarInvestments

Hello fellow traders, Today we are looking at Suncor Energy Inc (SU) on the TSX. As we can see, following the COVID dump in March, the chart has printed a nice double bottom around $14 on the daily time frame. Prices have moved above all EMAs except for the 200 EMA , which is currently being tested for a breakout. We also see some large buying volume coming in...

PS_TopDollarInvestments

Hello Fellow Traders, Here we are looking at Conifex Timber Inc (CFF) on the TSX. This chart is pretty self explanatory. While prices have been moving down since 2018, we can see that some bullish momentum came in during June this year. On the smaller scale, we can see that a bullish falling wedge pattern has formed. On the larger scale, we can see a that a nice...

PS_TopDollarInvestments

Hello Fellow Traders, Here we are looking at Jack Nathan Medical Corp (JNH) on the TSXV. As we can see, this is a relatively new chart which rallied throughout October, reaching a high of $2.72. The price has since corrected and formed a bullish falling wedge pattern. Additionally, following a breakout from the wedge, it has printed a double bottom in the...

PS_TopDollarInvestments Updated 

Hello fellow traders, Today we are looking at the daily time frame for Electra Meccanica (SOLO) on the NASDAQ. As we cab see on the chart, prices rallied almost 500% to peak at around $6.00. Since then, as expected, there has been a massive correction back down to the $2.34 level. The chart has printed a bullish falling wedge pattern. We now see that a double...

PS_TopDollarInvestments

Hello fellow traders, Today we are looking at the daily timeframe for GOLDMINING INC (GOLD) on the TSX. As we can see, GOLD peaked around $3.85. It has since corrected, printing a double bottom at previous resistance, in between the 50/100 EMAs (yellow/pink). Prices have broken and are now trading above all EMAs. The RSI has increasing fast, and the MACD has...

PS_TopDollarInvestments

Hello fellow traders, Today we are looking at the daily chart for Apple Inc (AAPL) on the NASDAQ. We can see on the chart that prices peaked around $138 on the last bullish wave, before seeing a correction back down to the $100 level throughout September. Prices bounced in October, only to correct back down once again. Now, we see that a double bottom has been...

PS_TopDollarInvestments Updated 

Hello Fellow Traders, We can see here that on the 6H chart for Ethereum (ETH/USDT) that this coin has printed a bullish pattern for the short term. Prices are already moving up, fast. It has broken out, the retest is in, and bitcoin ( BTC /USDT) is moving up. It is only a matter of time before ETH follows right behind. We have prices bouncing at all EMAs and a...

PS_TopDollarInvestments

Today we are looking at Stellar (XLM/BTC). As we can see, this coin peaked on its last bullish wave at around 1100 satoshi. Since then, there has been a strong correction, printing a large, bullish falling wedge pattern on the daily frame. Now, we can see prices breaking out and facing some resistance/retesting the old resistance as support. Prices have broken up...

PS_TopDollarInvestments

Hello Fellow Traders, Today we are looking at Binance Coin ( BNB/BTC ). As we can see, this coin peaked on its last bullish wave at around 31500 satoshi. Since then, there has been a strong correction back down to the 100 EMA. Prices are now trading above all EMAs now, a strong bullish signal. Additionally, we see some large buys and increasing volume , another...

PS_TopDollarInvestments

Hello Fellow Traders, Today we are looking at KAVA/BTC on Binance. As we can see, this coin peaked on its last bullish wave at around 47000 satoshi. Since then, there has been a strong correction back down to the 200 EMA. Prices are now trading above the 10, 21, and 200 EMAs now. There has been bullish volume coming in the last few days, and the MACD and RSI...

PS_TopDollarInvestments

Hello Traders, As we can see here on the daily time frame for Loom Network (LOOM) on Binance, there may be a potential breakout from the falling wedge being printed since the peak of the last bullish wave. As we can see, LOOM peaked around 450 satoshi on its last rally. After a massive correction, prices are now trading around 200 satoshi. We can see prices...

PS_TopDollarInvestments

Hello Traders, As we can see here on the daily time frame for Cardano (ADA) on Binance, there may be a potential breakout from the falling wedge being printed since the peak of the large bullish wave. As we can see, ADA had peaked around 1600 satoshi on its last rally. Additionally, we can see an even bullish flag/wedge of sorts forming over the last week or so....

PS_TopDollarInvestments

Hello Traders, Today we are looking at the daily chart for Basic Attention Token (BAT) on Binance, a coin which seems to be testing some key levels that have acted as strong supports in the past. We can see that this coin has retraced massively since its last bullish wave, which peaked at around 3700 satoshis. The MACD is also very low and the RSI is entering...

PS_TopDollarInvestments

Hello all, welcome back to another trade analysis! Today we are looking at ATOM/BTC on the daily timeframe on Binance. As we can see on the chart, after a nice rally, this coin has been retracing for the past month. An ABC correction wave can be seen on the chart and prices fell below the 200 EMA at one point but this coin has printed a higher low. The coin is...

PS_TopDollarInvestments

Looking at the 1H timeframe for BTC/USDT here on Binance we can see a bearish continuation pattern forming (red path). If this plays out, we can expect prices to drop to around $10075 (red line). On the other hand, BTC may catch some support in the $10350 - $10400 range (blue path), in which case we can expect prices to drop to around $10375 (blue line). We can...

PS_TopDollarInvestments

As you can see from the chart, ZIL/BTC has been retracing since its massive rally in May-June. Until now, prices have been trading just below the 200 EMA for all of September. Here we are looking at the daily time frame for ZIL/BTC on Binance. Over the last couple days, we can see increased volume on ZIL/BTC. Also, prices are now trading above the 50, 100, and...