You can see that selling on the upper red line has rewarded shorts in the past and I believe that this is a great short opportunity here - one of the best i have ever seen. We have got way over extended and fundamentally the price is just way too high for a this company, even with the 'shopping online' narrative that has been done to death. Overstock is the much...
To quote kexari "NEO has the biggest hype of all. Westerners call it the "Chinese Ethereum". Yet nearly all the trading volume comes from the West. It's a joke comparing it to Ethereum. The white paper is incredibly ambitious, 90% of it is unimplemented. The GitHub activity looks comparable to a hobby project at best. The CEO is conveniently an advisor to all the...
Increased volume and a break of down trend. Lots happening in the coming month including FunFair's rebranding, which has already started with the new logo. Also a new web site coming and big update to the showcase and technology, together with a likely token burning happening in October!
Check out the volume on this recent rise compared to the previous rise- volume is much larger suggesting this could provide momentum to push much higher.
I've been following Ubiq a short while now- it has a great dev team and a solid future in my opinion, so good to see it on the move again.
Orange arrow shows a bounce of the fib we have just touched. I have bought a small amount here.
Second scenario is that we head further downwards to the next level, which also overlaps with the gann level - I will definitely be buying a decent amount if we head here, as there should be strong support!
Copper has had a rough time over the past five or so years and is still at a pretty low price when compared to other base metals.
Lead, zinc, tin and aluminium have more or less been rallying since mid-2015, so just copper and nickel that have fallen behind.
Time for a quick burst of action upwards here- I have gone long with a small stake and fairly tight stop....