This is another crypto that I think has some legs on it. $4 B mkt cap is not large, but not small. I could see it near $1000 in the foreseeable future.
This projection is based on some patterns I've been noticing in a lot of charts, so I really want to see if it plays out that way as part of my chart studies. There's nothing technical in the chart that gives...
I swapped LRC for Bitcoin right before the top and I've been waiting for a good re entry. I think this is a safe zone. It could go lower and maybe even fall through the support zone so this isn't a scalp trade. I think in a month or two you'll look back on a buy here as a good idea. I'm not ready to YOLO here, but a nice DCA is looking pretty sexy.
It is trading...
In my opinion I think anybody could have foreseen the Cardano run it's had the last few months. This was too easy of a pick to get emotionally attached to. You made some profits, now lock them in. A lot of people bought this for the clout and have no idea what it is used for besides profit taking (currently its best feature, so use it).
I'm going to have to take some serious time explaining how I came to this conclusion, and it's going to take a real chart nerd to actually want to hear me out on it.
Long story short, I have examined the bubble pattern which the Bitcoin chart has repeated roughly 6 or 7 times at a minimum. I've come to the conclusion that this current move is the first peak of a...
I still believe Ethereum will correct sharply for a few weeks but I reconfigured my drawings and adjusted my correction estimate.
I have a potential top at $2200
Then I have decent support/ potential bottom in the high $1400's
I now have $1280 as a potential bottom instead of $850-900
I admit it's possible I'm not bullish enough but 3-5 week price...
RSI Bearish divergence,
Psychological resistance at 2k,
Well beyond ATH,
Potential cup and handle,
400% Fib Extension.
I can't wrap my head around a short term bull argument right now.
A friend mentioned this stock to me so I charted it.
I don't know the fundamentals.
On one hand I like the accumulation pattern. On the other hand, I don't like the weak volume on the local high but at least I don't see bearish divergence on RSI. I also think the whole market is cooling off a bit.
Stop losses in the red zone if it falls through support. If it...
I'm seriously not feeling this breakout. Looking for rejection at any of the lines on this chart, or a H&S reversal. I'm as bullish as they come about Bitcoin, I'm just expecting a 42k rebound before getting our faces melted off again. If you think this bull run is over, look at the BLX weekly chart and zoom WAYY out to see all time prices. This cycle is far from...
Sorry but after a 3.618 extension to break all time highs (USD), then get rejected at such a round/even number like $2000, I'm not cool with a small correction. This bad boy needs a nice drop. I'm still looking for a cup and handle on ETH, and a giant explosion this year. Just, not yet.
Follow this chart, follow me, hit the like button and tell me your thoughts! Thanks!
On the verge of FDA approval for a new product,
multiple analysts recently adjusting price targets to $6 plus.
In a market full of mania, a stock with good fundamentals may get overhyped especially about something as legitimate as FDA approval.
Who's not talking about SESN and ENZC right now???
If FDA approval falls through both stocks will suffer a lot, so be...
I'm honestly just not feeling this rally yet. I don't even want a breakout right now.
I would prefer we reset all technicals at $42k before we make the next move up.
To be clear about the green and red bubbles, those are in reference to the key of Bitcoin: DCA (dollar cost averaging)
Red means wait to DCA later. Green means stack sats. SO....
HODL on comrades,...
They were left out of the deal with Aphria, lost a CEO last year who was hired particularly to find a merger/acquisition, they have been continuing layoffs, lost billions of dollars last year, keep diluting the stock, and they are running a large multinational organization (complicated).
The best hope for ACB is that it has hit rock bottom as a company and will...
I actually think this is one of the best long term plays in altcoins right now, but theres plenty of time to wait and see what this thing is going to do.
If it finds support on those lines, maybe it can keep pumping but I don't see a reason to buy in at this second. That could change by tomorrow.
I'm actually not seeing much technical strength anywhere in...