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BTC Approaching Resistance zone.As you can see on the chart, Using my strategy i have found a OTZ (Optimal trading zone), this particular zone has been tested Various times with price entering and exiting from here. The zone is between $28,133 - $27,444. - Looking for potential breakout out of this zone, once this happens I like price to re-enter this OTZ again to establish a strong support within the zone, this can help determine direction of the market. - The strategy I use focuses on finding a double bottom pattern, I'll sharing my future Ideas that will explain my reasons of entering. Thanks for reading, I am Richy from Limitless Trading Firm.
by LimitlessRx8
Man Who Tied Woman Up and Stole $3B in BTCUSD ArrestedA man who took $3 billion in bitcoin during a savage burglary has been captured — 7,000 miles from where the supposed wrongdoing occurred. The man is blamed for breaking into a home in California, binds up a lady with conduit tape, and moving millions from her record. The 31-year-old supposedly wore ski goggles, a hood and gloves during the bold assault. Investigators say he took steps to torment the casualty with a blade — and utilized an iPad staying nearby his neck to give guidelines. The man in this way escaped to Taiwan after the robbery in March, with American specialists finding him and making a trip there to keep him. At the hour of his capture, he was found with $18,000 in real money — close by a tablet, PC, crypto wallets and extra proof of his wrongdoings. He is currently back in San Francisco where he has to deal with penalties of first-degree private robbery, seizing for payment and criminal dangers — and stayed quiet when stood up to by correspondents at the air terminal.
BITSTAMP:BTCUSDLong
by DEinvestment
Virtual vs Real Estate (Inflation, Real-Estate, and Government)Gavin Newsom has been bragging about CA's $31B surplus this year but we know that the state has been struggling for a while now. A locked-down economy and people/jobs leaving the state will kind of do that. CA owes the Feds $21B in unemployment debt, btw. www.sacbee.com Looking at the budget closer, you'll see that they gave educational institutions a modest increase (not enough to off set the damage COVID regulations they made them follow, of course) while most essential services are actually getting massive cuts. www.ebudget.ca.gov That 66% cut in environmental protections is pretty much a slap to the face to environmentalists everywhere. (Maybe that had something to do with why Newsom "disappeared" during the climate summit last year.😂) But Big Pharma and corporate tax cuts are doing great, at least. If budgets could give the middle finger to taxpayers, this is probably as big as a flip as you could get. We had the chance to get rid of Newsom last year so guess he felt emboldened enough to double-down on the abuse. But it is what it is, I suppose. Kind of too late, now. Note that despite Newsom's claims of economic recovery, we see a huge increase in labor dev funds, for reasons that should be pretty obvious by now. They know people are leaving and employers aren't hiring so something needs to be done but they can't be honest about it. Big picture, is this really about COVID, California's labor market, or is it the beginning of the 4th Industrial Revolution, as Andrew Yang and the #YangGang forewarned? "Supply chain issues" may be masking the reality that a lot of those jobs aren't simply coming back, at all. And it seems fitting that the day this comes out, we see Jerome Powell starting to look panicked about #inflation after a year of denying that it ever existed. Deer caught in the headlights, really. It's obvious that they really have no idea what they're doing at this point. Either way, we have government loaning each other money with the Feds just printing more money to keep the states afloat on their unsustainable path. It's a house of cards ready to come crumbling down, and it's going to trickle down all the way to state and local budgets, too. Lots of people probably thought I was crazy to double-down on #crypto during these times but the more I read about this stuff I feel better about the path I took. I often feel like an outsider to traditional financial institutions but maybe that's not a bad thing, after all. There's going to be a lot of people who claim that the sky is falling but that happens at every downturn so take it with a grain of salt. But it's not all bad -- some sectors will do well so the best thing people can do is to stay focused on areas of growth. 📈 What are those areas? Crypto, #NFTs, software in general, and service sector industries that aren't beholden to supply chain issues and can adapt to new economic landscapes very quickly. The #metaverse will adjust to inflation much better than real-estate, for sure. We're due for a market correction in the USD at any given moment, anyway. Long-term, it'll be a good thing, though, since all the FOMO in Wall Street and the government has created a monster that's out of control. A crash will fix a lot of that by removing the $$. Either way, good luck, folks. Been saying a while that the next few years is going to be a roller-coaster so I hope people are prepared for anything to happen. The smarter ones have seen the writing on the wall and are planning accordingly already. 🧐
Long
by RyanTanaka
Gambling & permabear news n°24> Conspiracy nuts right again: Government geothermal plant has been causing earthquakes in France *********************** "OMG the government experiments are creating earthquakes" "Shut up you stupid conspiracy theorist put back your tinfoil hat" Well this did not age well. The parrot/sheep were dead wrong once again. Of course it is obvious they are not going to learn their lesson. The 4 december in the morning earthquakes of 2.8 & 3.5 magnitude have been waking up the population of Strasbourg (east of France). The population, that has been locked at home for a lot of 2020, and is constantly fed fear uncertainty doubt by politicians and their propaganda arm (the media), have not been arguing about conspiracy theories. Weird as they usually do. When they physically feel something they do not argue and they "understand" real quick what is going on. I am willing to bet most of the ones that used to be good parrots are now pretending they "knew all along". I do not know how wrong or dangerous these operations are but the population physically causing them to feel it has put an immediate end to operations. It is nearly certain that the government will try to continue its operation after a while. See? Climate alarmists need not worry. Assuming something terrible will happen, the Planck time people will see or feel the effects there will be an immediate end to CO2 emissions (sometimes brutal for those that do not stop). > Adolf Hitler wins election, swears he has no plans for world domination, disappointing many *********************** In Namibia, a coastal country bordering SA to the north west, saw Adolf Hitler win an election. It is a former german colony with a german speaking community. Adolf Hitler must have been very popular because he won with 85% of votes. Adolf Hitler said he has no plans for world domination, I am reassured. Before being colonized by the germans the country was peacefully colonized by the bantu in the 14th century, and little by little they managed to become a majority (19th century). The natives which are now a minority are on a constant decline while the bantu colon numbers keep growing. It became "their land" long ago. I think minorities (non bantu) are 20-25% of the country (including 7% white). I wonder if Adolf Hitler has any plans about the minorities of the country? > Another "profitable" day trader bites the dust: son of billionaire gets confident, loses everything *********************** Temur Akhmedov the son of a azerbaijani Russian oligarch has been day gambling on the stock market. His mother is suing him to get money as a reward for divorcing dad. She says they are using this as an excuse to hide money from her greedy hands. Typical story: The son got into it, started winning, got excited, probably called himself a legend and a master of charts, then hit a losing streak and he was "convinced this loss was just bad luck" as he explained to the court. So what did he do? What every good idiot day trader does, martingale it back! 🤡 He increased his risk "can't keep losing right?" and the market gave him a valuable lesson. His father was "a one-time fur trader" whatever that means, that made some mistakes early on and said he guesses his son thought he would avoid them. Daddy is paying him a bank college. Better not waste that big brain potential. Already down 50 million. Dad might be smart but I doubt mum is, and it's showing through their son. I am in favor of dating apps or sites if we can add diplomas and iq and common sense tests to them. > Pfizer vaccine: results not even published yet, causes infertility, big brains start to vaccinate asap *********************** It appears we are still in the 6th dimension. Pfizer has indicated lactating women should not take this experimental vaccine and has claimed it caused infertility in women for an unspecified period. No one has the slightest clue what the long terms may be, and other than this all we have are publicity announcements. Seriously, no results, no research has been even published yet. Idiots are already taking this vaccine and mocking any doubter. The media is promoting it. Months after the Redemsivir fail. I don't care if people cry that I hurt their feelings. I will not hesitate to call them idiots to their faces because this is just too much. And it is the truth. A little story and a question: - A pilot, known for crash landing once in a while, miserably crashes his plane (called Redemsivir) like a big pile of shit. He gets out limping while the plane catches fire then explodes. - Limping towards you he goes "hey I got a new experimental plane (called vaccine) completely new tech, haven't had the time to test landing yet and I have no clue how landing works with this type of plane but I'm sure it will go just fine, oh by the way if we crash you cannot sue me a law was passed to protect me, oh and also no you cannot see my license, oh and also we have no parachute" My question is: What price tag should I put on the bridge I want to sell to the people that run to his plane with a big smile on their face? The prominent french scientist at the top of his field that has been promoting Hydroxychloroquine + Azithromycin is rubbing his eyes in disbelief, but the media knows best, and calling him an anti-vaxx, after all he is an anti-science eviiiil climate denier. Ah fun fact, a few years ago the same man, Didier Raoult, was defending a vaccine that reduces mortality by 1/3 or something, but the french gov did not like it and were trying to prove via lies that it causes multiple sclerosis. Guess what? Back then the liberal media (pleonasm) called him "a docteur paid by big pharma". Today the media defends big pharma and calls the multi-laureate an ignorant tinfoil hat antivax 🤡. > A new type of future sees the light: California water futures (ticker symbol: NQH2O) - via the CME *********************** The "Nasdaq Veles California Water Index Volume". I made an idea about California infra recently but it hurt some people's feelings and got banned. Ah the good old "this has nothing to do with trading". If it all has nothing to do with trading, why is there a whole new future contract? 1 month after I note the issues in California (Nov 9) they create this. Might see more, but I don't really follow all the credit swap and state debt management stuff. www.cmegroup.com The official statement by Nasdaq: www.nasdaq.com A quote from an article "Wall Street’s new water market is the latest sign we’re headed toward a Mad Max future". Congress to fast-track whittled-down infrastructure bill OH WAIT nevermind expert day traders told me this had nothing to do with trading, and day traders know best, my bad. I am immediately going to prepare a long letter to ICE & CME HQ to let them know day traders explained it had nothing to do with investing and this future is useless as well as the research they publish. A CME person contacted me offering 100 bucks for an interview (they are making stats on their users) but I am shamed by my small account size so I didn't answer yet. And idk what to say and I want to be honest. But 100 bucks... Maybe I should just pretend to be a day trader and speak about indicators, which would be an accurate representation of the average individual investor. Maybe I should say I am not interested in any of their "hedging solutions" (this is how they call futures) because reality has "nothing to do with investing". I'll suggest they should create random cryptos that serve no purpose other than gambling on them using TA. Futures have been created for gambling right? They have no fundamental purpose right? But ye... typical Dunning Kruger from me. I am worried about being too noob to answer. I underestimate myself, and then I see the smooth brains that overestimate themselves and remember "oh right". > "The right side of history": Democrat congresswoman asks armed men to "make them pay" (Trumpers) *********************** Michigan democratic state representative Cynthia Jones sent a "warning" to Trump supporters during a facebook live video, she asked people including soldiers to "make them pay". She lifts her head up in the video and has a vicious smile: James Bond evil bad guy detected. She was born and raised in world famous Detroit but the district is outside of it a bit to the north. "Be careful, walk lightly, we ain’t playing with you." We are seeing more and more of this. Some state governors have even threatened to leave the union. "We got some work to do". She has been disciplined (by house republicans I think). She posted disciplinary documents on her facebook. She posted a video to "soldiers against racism" after the backlash. "Rise up". Ye... I don't think she is backing down. Actually getting more radical. What are the checks and balances in place for this kind of behavior other than trusting other representatives? Second amendment? You know... "Rise up"... "We got some work to do"... "Resume the work"... "Begin your work" these are things that hutu said in the 90s right before and during the Tutsi genocide. Still think I am an overpessimistic conspiracy theory perma bear? Some people are going to have a rude awakening one day... ballotpedia.org housedems.com National Socialists, the KKK, radical nationalists, black separatists, anti-muslims, radical muslims, all love her. Hey maybe Namibia won't be the only country to elect Adolf Hitler this decade. Al-Qaeda & ISIS still pissing themselves as "decadent west & in particular the USA are collapsing". Perma bears have little stars in their eyes too of course. Seing how bears are viewed and treated, maybe soon short sellers are considered a "hate group", and being bearish "hate speech".
NYMEX:CL1!
by MrRenev
3
SNN - Uptrend Broke bearish on Lawsuit news, finding new supportCSE:SNN After 6 weeks of tightening ranges Sunniva broke bearish on news of a data breach and lawsuit. While this stock has promise based on fundamentals, the chart is not set up very well for low risk entries. Some chances here for a bottom fishing play might be possible but, $5.00 is a key level to close above and hold on a daily basis. Q4 financials are scheduled for end of April, with some forward Q1 guidance it may help. but would expect April to be fairly flat and trying to find new support. Now below all major moving averages as well as breaking the last two weekly supports at $4.65 and $4.40, closing just above at $4.42. level 2 data shows heavy resistance at $5.00 could possibly set up for a monthly break near end of April. $5.25 is break out level on the month
S
by justin_paul
BAMM - Great Momentum, Flagging before next Push CSE:BAMM OTC:BMMJ Body and Mind closed friday with a doji candle, possibly signalling a short pause before advancing. We have kept daily higher lows intact since March 19th, consolidating on the hourly as we advance. The weekly chart looks very strong with increasing price, increasing volume, big green bars closing at or close to the high. However I would expect to see a bit of a weekly flag before pushing into the $1.00 range. Meaning we could see this first week of April, trade sideways in the 90c to 98c range before we push higher. This would be completely healthy and will be a good chance to accumulate below a dollar before we push higher. On Thursday we had a bullish cross of the 50day SMA over the 100day SMA and have two very strong up-trend lines that we can play off of in the coming days. The RSI is a little heated right now being that we have been over 70 for the last 6 trading days, thought for reference VFF (Village Farms) spent almost 2 complete months over 70 and only half of that period was in "blue sky breakout" so this indicator is not to be solely relied on. We have been hugging the top of the bollinger band for two weeks (11 trading days) now, so a bit of sideways action will help cool this indicator off as well. Volume has peaked a couple times but is sustaining above 350k which is double the 50 day average volume. Resistance 98c and $1.00 will be our next two resistances, based off the Level 2 (market depth) data there have been some sell blocks posted there for a couple weeks now, should not be a big concern given the momentum but id expect a pause around there to chew through them. after that there is not to much up to $1.11 and $1.20 which is our 52 week high Support 91c and 92c are our last two daily higher lows, holding those as we go sideways will be strong. 85c is our critical support to hold now on any daily consolidation that could potentially take place This stock has plenty of strength and can see it moving higher before any medium term consolidation takes place. Volume has peaked a couple times but is sustaining above 350k which is double the 50 day average volume.
CSE:BAMMLong
by justin_paul
5
BAMM - Bullish Momentum, after cracking mid 80c resistanceUpdated: After a strong close to the week on Friday, Monday saw a battle against long standing sellers, viewing Lv2 over the past few months there were large asks stacked from $0.80 all the way up to $1.00, these asks totalled near 1 million shares. This made an extremely heavy resistance zone, however after 6 full trading days around $0.80 the Seller capitulated and had enough liquidity to exit their position in the low 80c range, this was a strong testament to the bulls here and weakness from the seller. Today had decreased volume but with little resistance left and seemingly less reason to sell at these levels the price broke out above the 90c level for the first time in nearly 4 months (December 6, 2018). In my opinion this strength lends to the ability for BAMM to continue its momentum push upward, being currently valued ~$66 million dollars, Body and Mind had a buy out offer 15 months ago from TGIF aka 1933 Industries valuing them at ~$115 million, with significant business growth in the same time period, a share price target of $2.00 would get them to a little more than that $115 million dollar market capitalization, but warranted given the growth. Financials were posted yesterday on Sedar, and demonstrated 303% YoY growth in Gross Revenue for 6 months ending January 31,2019 and 44% YoY growth in Gross Revenue for 3 months ending January 31, 2019. These financials show great growth, however do not yet capture their new dispensary in Ohio, the Clubhouse which opened February 20th and sold out first day, showing the demand. Nor can it include yet the revenue from their investment in GLDH - ShowGrow which is a Highly profitable private group of 4 dispensaries in California and Nevada, but not fully rolled into the company as of yet. The next 6 months should get really exciting revenue wise and could make this a great entry for the next 6+ months Original Post: After a 3 month long consolidation with-in a pennant US Multi State operator, Body and Mind: BAMM:CSE or BMMJ:OTC has broken out bullish with increasing volume and price CSE:BAMM . Fundamentals of the company are strong, with significant operational growth in the past 2 quarters. Financials are due out soon and should begin to reflect the growth in operations. With backing from Australis: AUSA:CSE, this could be a great long entry for a Small Cap MSO that has big growth potential in California, Nevada, Ohio and now Arkansas.
CSE:BAMMLong
by justin_paul
1
BAMM - Volume Precedes Price After breaking out of PennantAfter a 3 month long consolidation with-in a pennant US Multi State operator, Body and Mind: BAMM:CSE or BMMJ:OTC has broken out bullish with increasing volume and price CSE:BAMM . Fundamentals of the company are strong, with significant operational growth in the past 2 quarters. financials are due out soon and should begin to reflect the growth in operations. With backing from Australis: AUSA:CSE, this could be a great long entry for a Small Cap MSO that has big growth potential in California, Nevada, Ohio and now Arkansas.
CSE:BAMMLong
by justin_paul
1
SNN - Breakout Imminent, Bullish Pennant, Tightening Triangle After nearly a month long Consolidation following a +80% move off the bottom set christmas eve @$2.85 we have now settled at a 63% gain off the bottom. holding the 9DMA and 50DMA we could now be set for an advance to the 200DMA up near $6. Key support is 4.40, while we have not closed a trading day above $4.75 since Jan 21 which was rejected. A strong close at high of the day closing over 4.75 could be a strong signal of breakout. watching this week!
SLong
by justin_paul
SNN - Sunniva Daily Bull Continuation after consolidation.My Take: We formed an almost perfect "cup" (needing the handle) on the hourly topping at 4.88 on the day with the previous hourly high at 4.89 (double top) before closing lower at 4.76. This ramp could have been part due to the low float and having the equilibrium break up ward as well as the support hold at 4.18, continuation could have also been caused by a minor short squeeze after those indicators broke bullish. Daily RSI levels have cooled of nicely for continuation daily upward but the hourly is a bit extended. Daily Moving averages all still look strong/bullish My opinion for opening Monday, because US market is closed it typically results in less volume. I see a gap up on higher volume, close to $4.95 with a bit of selling pressure following, there was a big bid for 45K shares at $4.99 from Friday and I'll be watching that in the morning to see if it's there still. The selling will cool off the hourly RSI, support is between $4.50 and $4.65 (holding this will basically test the handle of the cup formation) with continuation afterwards. The other note was volume was still lower than average so any green days this week I'd be watching for the volume to increase. Some nice healthy consolidation on the weekly chart, so I'm looking to see a close at or near the week near the high of the week, which would be ideal, and a break of $5.42 also. But that break of last weeks high could come the following week without any major red flags. CSE:SNN .
SLong
by justin_paul
Bullish pattern / improved fundi's. - SIGOGood Afternoon, I got the others wrong I know, i'll toss it to the "growing pains" bucket. However I'm still tracking this company and things are looking good. Licenses were renewed by the state cannabis control dept till early mid-year 2019. www.instagram.com www.instagram.com Closed green today +10% Almost 50k shares moved and accumlation period seems to be coming to a hault. All in line with current market sentiments. Thoughts? :) Happy Holidays, -WH
OTC:SIGOLong
by WaspHitman
SNN Daily consolidation under way. Good LONG entries are hereJan 9 SNN: My take: So volume tapered right back today, declining bear volume. We had a big move up with almost 1 million shares in volume in 8 days and we have not had a big rush to take profits, bulls just needed a breather Todays range was between $5.00 as the high and $4.75 as the low, with low coming at end of day thought there is a discrepancy in close price between exchanges, some posted 4.78 close Our hourly pivot lows are technically $4.62, $4.65, $4.71 and $4.75 but we would need to not break $4.75 tomorrow to confirm hourly higher lows. We are close to having a golden cross on the 9DMA and 50DMA which is a bullish indicator, and the RSI levels are cooling off enough that we could resume higher. The 14 Period RSI: Hourly: 52 4-hour: 67 Daily: 65 Weekly: 45 On the daily chart a break of $5.00 with close near the high, will set us up good for Friday. however this doesn’t not necessarily need to happen for continuation as long as we hold today’s low of $4.75 and preferably above $4.78. On the hourly chart we are looking for first a break of $4.90 and then a break of $5.00 for a bullish signal. A close above $5.42 on Friday gives us a great weekly chart, with a strong set up for next week. It’s hard to say given this set up how bulls will react to probably MJ majors and indices consolidating, but haven't been entirely correlated to them in recent times. Also fundmentaly we are still well undervalued to our Peers based on forecasted 2019 Revenue
SLong
by justin_paul
SNN - Sunniva looking to change trend upon daily consolidationMy Take: Ideally I think we would see a push up to 4.80 and possibly love 5's on Monday and then consolidate over 2-3 days in mid to low 4's ($4.20 and 50 dma at ~$4.10) before pushing back above 5. The $5 price range is going to take support and conviction, along with a bunch of new buyers as we had the bought deal at $5.27. With psychological resistance at 5, bought deal price and then our recent top out as well at ~$5.55 thats a heavy zone. After getting through that zone we that could see a big break to the 200dma and into the 7's. The daily chart is only at an RSI of 67, which is not over bought by any means and increasing bull volume is a good sign. scanners will have picked up the 17% gain and chart trend, which can be good for another push but will attract increase short pressure to consolidate. The uptrend (up-sloping blue line) has lots of room to work with so a 2-3 day correction is not anything to worry, but $4.00 is key to stay above in my opinion (right in that intersection of the uptrend and downtrend) otherwise it would only be considered a lower high on the long term downtrend (down-sloping blue line) which we closed above for the first time and above the 50dma for first time since late August early September. Sunniva is under valued Fundamentally based on near term revenue analysis, the stock was pumped early on with the MJ bull run back in january, but faded the entire year because of missed construction/ operation targets, things are looking good for 2019 and beyond and this stock is worth looking at upon confirmation of trend change. Do some digging and due diligence!
SLong
by justin_paul
If you want to invest into cannabis? You might like Sunniva! The cannabis sector is like the dotcom or the tech boom that went from explosion to implosion. Now it starts to get interesting in the new market. The extreme speculative and euphoric time is over and now it begins the value pricing. I guess there will be one more leg down and then the blood is all over and real investing begins. Companies like Aurora, Canopy or Aphria had their times and other players will start to attract investors money. And in my opinion it is time to start looking at a company that is called Sunniva Inc SNNVF. They are close to finish phase 1 on their California Cannabis Campus and they already have a signed contract to deliver 45.000 kg of Cannabis to Canopy Growth in 2019. They just started selling in Cali and as you might know, this will be the biggest market for the medical and recreational products in the world. I took my first position in the 2.30s and planing to accumulate more when it dips into the 2.50 area, if this might ever happen again. But this will be a mega growth story cause they missed the whole ride in 2018. They had their IPO when the bubble was already so overextended and they just jumped up to around 16$ from 7.50$ within a few days and then started to fall like a rock. Also they are not listed on a major us exchange and that makes them a not much recognized player. This will be the biggest story to come in 2019 like Tilray had in 2018. Sunniva has only around 45 Million shares and that will cause a hell of a ride when people really start to realize what it is all about with this company. www.sunniva.com Just my opinion so make your own research And like always Mai the markets be with you
OTC:SNNVFLong
by derfreietrader