5800 is THE line in the sand for BTC. This Mech short idea is saying it will break... that is a big if however this bear market has surprised many...perhaps more surprises are in store. If 5800 continues to hold we may be range bound for a while which in the long term could turn bullish again.
The dashed orange line is literally the line in the sand dividing a bounce and dumpster town. Hip doesn't have much presence on the weed stock scene other than it's basically The Tragically Hip's company. That association alone plus any positive news could help this regain some ground.
- Not financial advice.
What a run since the crash. Basically straight up for 10 years. SIRI is now hitting a former high ... I think it will find some rejection on the first attempt. RSI is cranked high on multiple time frames. Looking to dump soon. Market proxy stocks like AMZN NFLX APPL and FB plus the SPY will all influence.
Whelp. I dunno. I guess if XRP breaks into the the derivatives market a pump would happen... I just wanted to chart this based on the most wild calls I have heard yet. XRP to $335.
(not financial advice. EVER)
Excellent entry on PIVX here. Obviously the movement of BTC effects all alts still but people are starting to use PIVX more and more as a platform. This plus the masternode angle (10,000 per node) PIVX may have a great future ahead of it.
ETH is looking prime for a short entry soon. With ETC being listed on Coinbase, EOS and others...all popping up as competition and every corporation making their own block chains... ETH may be in for some market shrinkage. Plus BTC moving lower ... Lowest green box may seem radical ... but maybe?
CRON is in a Bull Pennant formation and could go either way. News is big factor with weed stocks right now. Legalization has been delayed, prices are going sideways. If this breaks up, looking at $15 for resistance at ATH's. If Pennant breaks down then green box is the buy zone.
Canadian weed stocks are in a weird spot right now. Any wiff of news will send them either way. Legalization has been stalled (naturally) by the Government until they can figure out how to properly capitalize on it and shut out most if not all private vendors. Watching closely...
Canadian weed stocks have been on fire in 2017 and WEED is still "smokin" in2018. Since The Motley Fool mention a $50 price target, speculators have been pushing right towards it. Potential to hit it and fall in very good IMHO.