After today's relief bounce, I'm looking for a complete roll over to the next level down. This level is a downward trend line (orange) which has already established itself with 3 points of contact on that downtrend line.
Entered long initially at .00001220 and added more at .00001430
It has a strong positive trend line support under a symmetrical triangle. The stoch RSI has reversed to the bull side.
Great project and low coin float, 85m.
I like this one, long term. I bought the ICO but sold immediately thereafter.
Independent contractors as drivers who are disenchanted because they can't make money, why? because there is a saturation point of drivers on the road which has been surpassed long ago.
No clear path on how to MAKE money because if they did have a clear path, they would have implemented it.
Now, some saying it should change it's model and...
There was 4 consecutive weeks of $5155 support on the chart shown above. During this time BUYERS consumed SELLERS.
Take a look at the ORANGE line, that's is an overlay of the BTCUSDSHORTS chart. You can see the spike in selling at which time there was a ROCK SOLID foundation of $5155.00. Pay attention to that, because that's sellers, selling into vacuum powered...
After the run up, a bear market took hold and played itself out through a powerful Ascending Triangle . It was sold down using that algorithm where it finally broke out to the downside. This is where it found support in Dec 2018. The bears ran out of supply and the selling weakened. Accumulation began which manifested into an Ascending Triangle with multi-week...
-This NON BANK finance company originated more subprime auto loans than any other company in America!
"More Americans are behind on their car loans than ever before" -https://www.cnn.com/2019/02/13/business/delinquent-car-loans/index.html
"there were over 7 million Americans with auto loans that were 90 or more days delinquent at the end of 2018. That...
Can mall operators withstand the current headwinds?.... not with rising interest rates. That's the nail in the coffin!
Negative sales environment
Rising interest rates
Shareholders got completely hosed when management rejected SPG's 95.50 per share takeover back in 2015.
Talk about shoulda, coulda, woulda, I doubt this company...
Could not sustain the .024 price level, which would have created enough of a wave to push the price higher. Much Higher!
So now, the downtrend cycle begins. Short it and set your buy orders: