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IGNIS likely forming the preferred pump formation C&H#beyondTA If you look back recently at coins that had solid pumps, like NULS, ADA, NEO(see first pump back in may/june), MANA, what do they have in common? A cup and handle formation right out the get go with no resistance above the current price line. traders crush these patterns and overinflate their values. The longer term the formation the better. Now, IGNIS was created by NXT. Regardless of your opinion of NXT, the NXT charts suggests this coin to be manipulated for P and D gains. I going beyondTA Here to suggest ignis will be in accumulation stage for artificial pumping as the pump is set up. Look for IGNIS to trade below 3.5k sats for weeks. watch for the C and H.
Long
by whoisthelorax
ACB perfect fib bounces (speculative bubble market)As I mention in a lot of my posts, Fibonacci ratios are great for speculative and volatile markets. ACB doing the same things as WEED (more or less). From the top a retrace to 38% from the top (scary accurate) at $7.2 and looking to retrace the correction (second fib chart on the right) in correction waves anywhere around 38% (10.2) (reached already) and 62% (12.20) Target reached today, from here I believe the second correction will bring it back to around 7 or lower, mirroring slightly what is happening to WEED. Ill be picking these stocks up nice and low before legalization.
TSX:ACB
by MysteriousPersian
Namecoin NMCNMC folks, it's old but it's established. This can be a very technical coin and I'm not an expert but I can appreciate an anti-political censorship coin hardwired into the internet. This is one to play if you've got cash overflowing, try a little chunk, NMC can be very volatile so don't be a silly dum dum and dilly dally when it sails up there into the money, get profits, take that sucka, or be the sucka, that's the only way it goes. I buy for fundamental reasons in addition to technical, I look for an inherent fundamental advantage, something -- and ideally multiple things -- unique and useful about the coin, in addition to its extrinsic value, that being the value that other people or other factors assign to it. But just because I like fundamentals doesn't mean I'll never sell it, take money whenever you make money, sometimes price is just going to triple no matter what you do, or what you think you know. Better to take money and not care what the market does immediately following, you can do it again on your own time. If BTC has a brutal correction, and I believe that day will come, it could cause interesting ripples throughout crypto. See below for some interesting trade ideas that have proven profitable.
NLong
by Piptocurrency
$AVOP rev generating news & hard dip this week spur interestAV1 Group garners LED contracts and is preparing for Cannabis growing LED light systems. From the recent PR: "Apollo, who will manufacture the lighting product for the Company, has also granted the Company an exclusive license to market Apollo's line of products for Oregon, Washington, California, Nevada and Mexico; all prime cannabis growth territories. The new LED system addresses and solves a key problem common to all 'horticulture' growers, the timing from vegetative to bloom. The system enables this process to proceed as quickly as possible and increases cost-effectiveness of the growth cycle." finance.yahoo.com I like the consolidation at these levels after reaching almost $0.30 recently.
ALong
by TradeForProfits
Speculative short on BOEINGBOEING lends itself for a speculative short position as the price has reached a long term resistance line from the tops in 2007 and 2015. The 2015 top was also the 1.618 fibonacci extention from the top in 2007 en the bottom in 2009. Be carefull with a short position though as there no indicators yet of a weakening of the current uptrend. The price trend is upwards, and both the MACD and the RSI do not show signs of weakening (bearish divergence). I do not have a position in BOEING.
NYSE:BA
by Spijk
ARDM -Very speculative Long from current label to $2.87 ARDM is a very speculative long setup. It seems forming a fallen angel type of pattern. It crossed up MA resistance with very good volume & seems good upside potential. Trade Criteria Entry Target Criteria- Speculative entry at current label ($1.89) Exit Target Criteria- $2.87 Stop Loss Criteria- $1.53 You can check detailed analysis on ARDM in the trading room/ Executive summary link here- www.youtube.com Time Span- 4:00" Trade Status: Pending (Note: Trade update is delayed here. To get updated & get new Trade Ideas - Please subscribe to our Newsletter at: acornwealthcorp.com/gold)
ALong
by AcornWealthCorp
GBPEUR at critical positionI tend to watch trends. Higher time frames show the bigger picture and avoid much of the noise within 30 min and 1H time frames. GBPEUR or EURGBP is at a crucial stage. The following on GBPEUR taken altogether may be indicative (not predictive): 1. Very low cross of Aroons on 1D 2. Vstops (20,4) signalling change of trend on 1D and 4H. 3. Price favouring to fight against level of resistance on 4H. This idea is not prescriptive about what traders should do, or how they might take a position. The markets could well decide on going south. There is more trouble in the Eurozone ahead as Italy and seven other eurozone countries risk breaking the bloc's rules (GIYF). To me, this means that confidence in the EURO may continue to fall. If demand for EURO falls, this would mean a potential lift for GBPEUR, if Sterling remains static. However, the Sterling is at an all time low in it's history - and the UK economy looks overall on a good footing for recovery post-Brexit. I'm expecting Sterling to rise. If Sterling rises and EURO falls in demand, then GBPEUR as a pair should rise. I warn again that these are speculative statements - not predictions. I may be entirely wrong about my assessments. In trading we contract to be wrong - but we contract to limit our losses and maximise our gains, by whatever method. Disclaimer: Dance with danger but at your own risk. As Akil Stokes once said, "You're to blame" LOL. In other words, take positions if you wish but your losses are your own. I make no assurances that this analysis will lead to a gain. I accept that 80% of my analyses will be wrong and therefore an 80% loss rate. You have been warned/told.
Long
by Captain_Walker
1
Gold rush could be coming soon. The markets are expected by me to go wild over the next few days/weeks. Expectation is not prediction in my philosophy. . There is likely to be even greater uncertainty about the economies of the world. When there is deep uncertainty, people reach for tangible ways of protecting their store. There is considerable risk that the global Ponzi scheme may come tumbling down. As I do not predict, I cannot say when. These a troubled times. I expect Gold to rise considerably. DISCLAIMER: The information provided herein is opinion only. Under no circumstances do any statements here represent a recommendation to buy or sell securities or make any kind of investment. You are responsible for your own due diligence. To summarise, I do not provide investment advice, nor do I make any claims or promises that any information here will lead to a profit, loss, or any other result.
FX:XAUUSDLong
by Captain_Walker