About meYour day and swing trader. I focus on some technologies, crypto, and MJ.
If any of you want an analysis on a specific asset, let me know in the comments!
Shutout to all the mom's on this mother's day!
Let's get to it. EXCITING STUFF going on here. Although I didn't enter thinking that price was going to skyrocket the past day, we did have a successful long from last week that still brought in a hefty chunk of cash.
Taking a look at the chart today, BTC is HOT. after an exponential run in just 48...
Looks like price formed a double top earlier this week, and price has not been able to follow through for a third wind.
EOS could be in for a rough week as price now looks at the lower support line (blue)
The coin fell below the EMA, and is struggling to recover.
The RSI does not show any divergence, and the only noticeable support could be from...
Another biomed related post today by request.
BMY has double-bottomed as bulls grab a little control today on price.
The stock has respected the BBands and is looking to move to the neutral region.
The RSI teased in the oversold area, and price has responded with one of the two strong bull movements in the past four weeks as far as price movement...
Moving away from the typical crypto posts today.
We are checking out MRK.
This stock has seen some hefty losses in the past few days, pushing the RSI into a oversold area
The increasing bear volume has not been supportive, and the price is breaking past the .382 fib level.
The stock is looking to find support, but the last few days have not...
Hope everyone had a great weekend!
It looks like BTC is getting some great support to start off this week.
The coin bounced off of the support created in the last week around 4950, and was able to rally to a new trend above the .5 fib level today (after the big fall a few days ago).
We are looking for the coin to find support at the .5 fib level,...
There is life!
After a beating the last few days, Zcash is actually looking up
We stayed out of the double top play and let the coin run its course, but the double bottom is showing some short-term plays for ZEC.
Volume is a little sketchy, but ZEC was able to resist the heavy bear volume and bounce on that double bottom / .5 fib level.
The channel is gone, just as we predicted.
It's a sad day to lose such a strong channel, especially for you bulls out there who stayed optimistic.
Earlier, bitcoin bounced out of the channel that it was steady trending in due to a quick 1 hour bump in bear volume.
If this pressure keeps up, expect to fall all the way down to the .5 fib level, where heavy bear...
Let's get to it.
Where is the follow through?
After an exhausting series of attempts to breakout, it looks like the bulls are losing this battle, but a higher low could save the movement.
The RSI is cooling off, volume is going down, and a fat bear candle formed on the day.
The bearish crossover isn't helping any bull here, but the bears are...
Hey everyone, it looks like ETH is moving as planned.
There was a predictable double top short opportunity that respected the .618 fib level to a T, and the RSI is clear of any overbought conditions.
Lower lows are not a confidence booster for any bull, and we are pushing that lower resistance level right now.
Right now we are still still within yesterdays...
We are moving EXACTLY as planned.
The RSI has cooled off on the 4 hour time frame and is loaded to take off.
There is DECREASING bear volume on the chart, while price resisted the bear movement a few periods ago.
The price is approaching the left channel, preparing to bounce off and follow its wave pattern as it has done TWICE already.
BIG moves are coming up for BTC.
Right now, the Market has been reaching higher highs without much loss on the daily timeframe
We are forming the start of a bearish wick on the day, which could indicate a reversal for consolidation if the wick reaches higher prices without the body following through
There are still a lot of bulls in this run,...
Awesome week so far for the LTC bulls, but it's a little hot. After the 45% spike, the RSI is in the danger zone, and the divergence from the EMA was getting pretty hefty. The .236 fib level was predictably met, but the low bear volume is staling the market.
We are looking to play a short-term short on LTC to line our wallets for the next bull...
Hey there everyone,
Looks like HEXO could be breaking to some higher highs this month.
The RSI has some consolidation as the end of a symmetrical triangle pattern is being formed. There is a slight wall (blue line) that shows bull pressure still exists in the market. The volume is lower than we would hope for, but price didn't seem to get wrecked by the large...
Hey everyone, ACB is looking great for a quick 15%. There is healthy consolidation on the RSI and price, prepping the stock for growth for the rest of the month. There is a strong bull channel being formed and price has been steadily bouncing around in there. There is some resistance at the .236 fib level that correlates with some price resistance from the...
Bitcoin has been a money pump the past week, but needs to cool off. This sets us up for an opportunity to gain some extra cash shorting the asset to previous support levels. The RSI needs to signal stability in the asset - which isn't found at the 80+ level. Volume isn't matching up with the price spike, but the overall market cap has gained $30b. Shorting the...
Looking at the day chart, the stock is approaching a prime BUY zone. There is strong support from the double bottom that breaks the forming bear flag. The current fib resistance could break bullish, partially signaling a BUY. The RSI divergence along with a bullish EMA crossover would confirm the LONG (approx $9). The exit strategies are shown on the chart for...