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Wave

Potential DOGE RetraceHi guys, This goes against my gut feeling due to all the Doge twitter hype, but it does seem to potentially be making a Terminal Wave-C, where the retracement would be 100% of the terminal at minimum (~$0.022). Wave-5 potentially isn't done and can go higher (if it does my guess would be 10 cents), but I think this is a possibility. Elon's last Doge tweet didn't seem to get quite the reaction that the previous ones did, so it may be losing its lustre temporarily... But overall I am still bullish on DOGE.
Short
by Korastiz
Canopy WeedCanopy is retracing downward to find support. This is too textbook not to hypothesize about. I just had to do it, too many things are aligned. 1. We can see the market structure (and respect) in the demand zone. (i.e. arrows) Support & Resistance. 2. There is also alignment with 1.0 and 1.618 Fibonacci extensions. 3. This is all respected with a bullish and bearish trend line. I know a lot of people would buy the demand zone but I like to take the low-risk approach and buy the breakout instead, thereby I will also verify my hypothesis, though only after waiting to verify that the breakout level is respected. Thereafter I would probably hold, only to sell at 63-64 CAD (where there is a 1.618 Fibonacci extension of the greater trend) Happy trading.
TSX:WEEDLong
by Seriouz
Bitcoin - Larger Correction ComingIt seems far too early to keep pushing up, especially as this very long term trend and Fib level idea has held up very well. I think we need to retest and confirm the lower trendline as support before going up more. This makes sense as to why altcoins are still moving up. If this was a legitimate resumption upward, money should be flowing in to BTC instead. There has been two huge volume daily candles, the first a big red day, the second after Elon's tweet which was a green candle but quit bearish, with a long supply wick. IMO whales used the tweet as a great boost to liquidity so that they could sell. It is also the top of an Elliot Wave as per my previous idea, so these usually have a much larger/longer correction. Daily view
Short
by dontdaytrade
WAVES/USDT New Bullish WaveWAVES has seen some crazy gains this year, coming from a value of $0.25. In the last two days volume has picked up significantly, sending the price upward. Currently, the first resistance to beat would be the R1 line, placed at the ATH around $9. If that one is take out with sufficient force, expect the price to shoot up till $10, R2. In case we will see another wave, like we have seen two times already this year, we might even see the price hit $15. Although that's something for further in the future. Happy trading!
WLong
by FieryTrading
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