Short
WTER "Fall"
For my educational purpose, not to be used as financial advice.
It looks like there is a megaphone type pattern on the break out. It could possibly signal a fall coming, retesting the 200 EMA and/or lower.
RSI is showing a continuation of a fall, indicating bearish sentiment.
MFI shows a bearish trend pointing towards a fall.
It looks like there is a megaphone type pattern on the break out. It could possibly signal a fall coming, retesting the 200 EMA and/or lower.
RSI is showing a continuation of a fall, indicating bearish sentiment.
MFI shows a bearish trend pointing towards a fall.
Note
Should continue down to around $0.60.Note
On the 1M, 3M and 6M the price is starting to cross the 200 EMA. This might be the accumulation area.Note
This is going much lower. Prediction: maybe around 0.1
Note
We might have a bounce along with some of the weed stocks.Note
Small bounce Jan 3/4. More downside coming.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.