We might have seen the bottom for the Cannabis stocks. I really like the candles being formed. More downside is possible to 8-7.5 where i would buy again.
Below that is just bad. I don't often do a 'path' prediction, but i give it a shot. Iw we don't go further down, imagine the path botom starts here :).
So, on the daily chart we bounced form the...
We are still at the early stages of a long term bull market
LONG now between 50 and 44 it's a good call long term and still get 200% and counting.
A drop in gold and the miners is still possible. Falling below 43 opens the doors below. Then a retest off the blue line makes sense.
LONG between 36 and 30.
Now if it falls further below it, be ready to empty your...
Entry at around 0.60 would be nice. but will it get there?
The general crypto market is bullish so it is easy to make a long call.
The tricky part is which one will perform better and get you more gains. Long following BZRX => this remains a good one and at some point will be among the top 5 gainers on binance, hopefully for many days.
As a long term call,...
Little update after the insane fall off this token.
Might be forming a base around 0.10 USD. If it manages breaking above the wedge LONG for sure.
If it breaks down we might fall even further. Im just "collecting" this bad boy :)
We are looking for at least x10 from this level. Going 1.0 - 1.20
Hi guys, my previous call which resulted in a whopping 500% - 600% gain.
It still depends on the permit, let me explain.
We had a healthy pullback from 2.40 to 1.50. nothing wrong with that. after that Donad Trump Jr. and other republicans came out against the mine saying: Bristol Bay headwaters and surrounding fishery are "too unique and fragile to take any...
BZRX Was hacked, like many other applications. A bug was found, exploited, funds were stolen. The token dropped almost 50%.
The state of the art, security auditted protocol preventd the users/borrowers/lenders from losing money, reënforcing the strength off the protocol.
Community seems to be recovering, showing faith i the project.
Passive income with...
These are great short opportunities. Economic destruction continues, all in the name off COVID.
The election madness is nearing and markets start rumbling.
Overbought in term off "dumb money" pooring in the market.
ALL gaps are closed on the daily level. US Indexes always close their DOWN gaps. at 29.100 it was fulfilled.
failed to make a new high. I...
Where are we at:
25.000 clean/psychological number
0.382 Fibo level
intermediate term (purple line low-2-low) trend line, which is proving to worth noting.
Previous important high was april 29 @ 24764.
Previous important low was June 15 @ 24843.
Pay attention here. confirming the breakdown will result in a great shorting opportunity.
We could be looking at a 2-3...
We had a real nice retracement to 27.000+. Now, breaking it uptrend and retested it.
A break off the previous low 24400 will MOST Definitly mean we are heading lower.
The second wave of coronabullshit and the election madness will put pressure on the markets and keep expecting high volatility.
I am short.
If the market would bounce up i would probably short again...
Luckily i know what my lines mean!
I want to point out this crazy and justified rally from 1150 to 1800. Lately the strength is dropping, Namely an RSI divergence. Rising price action with a DROPPING RSI, Which is rather bearish.
We also have A LOT off overhead resitence at 1800 with long term resitence.
Breaking 1700, we could (easely?) see 1600.
On the other...
It broke above the downtrend channel and making new highs as we go.
Next up is the 100 & 200 Daily MA at 8000 that is forming resitence and potential support when it brakes above it.
There is a lot of support between 7500 and 7100 and we could still retest the downward trend line (and confirming the uptrend). breaking below it would be a bearish indicator.
BTC Halving is mostly bullish . It's only a couple days away!
A few resitence lvl's needs to be broken. Then the door is wide open!
Perhaps one more drop is coming, but not sure.
Confirmed above: ~7.500
This is some major support at 49. it looks like it wants to go trough it, testing it multiple times.
We have had a nice retrace up to 52 and is encountering it's downtrend since the crash in march.
This downtrend is strong, and with the crash in oil it is draging the markets down.
We having a negative RSI divergence indicating a price drop.
isn't the saying Buy Low, Sell High?
Well here you have it. the lowest since almost .. ever.
The Risk vs Rewaward is extremely favorable for Reward.
Can it go lower? sure it can. Make sure you can't get liquidated. I don't see oil going below 4 (just to be sure).