ACB had a huge day pushing it up 10% on news of billionaire activist investor Nelson Peltz hired as an advisor. I don't think this news is enough to push it back to ATH like a major brand partnership would do. We are pushing into some major resistance on the weekly. Currently there is not enough hype in the mmj sector to push us back up to the ATH. The TD...
It's almost make it or break it time for Ethereum. Will it break or will it hold? Would love to hear everyone's thoughts in the comments!
NEO has been straddling this support for 2 1/2 weeks now. If this support breaks and BTC stays in the gutter I do believe $1 NEO will be possible. If this support holds and BTC gets out of the gutter a case can be made for a new bullish cycle to begin.
As we can see here Stratis has completed it's full alt cycle back to November 2017 support. If we look at the TD sequential indicator we can see how Stratis has reversed when we have hit a 9 on the weekly several times in the past. Will it follow this trend and bounce back from it's slaughter? With murmurs of Poloniex coins due for a round of pumps on CT this...
Ethereum reversal can be an indicator for an alt season. Ethereum is near it's 2018 support line and it's sitting on a TD 9 on the weekly. Look at what happened last time it was on a TD 9. If ETH drops below this support line expect more blood for all alts and a continued decline to it's 2017 December low. Expect all alts to follow ETH's movement here.
Looking at this chart EOS is very close to it's long term up trend line which also coincides with the .618 fib level. The weekly chart is also on a td8 getting close to a td9 reversal. Looking for signs of reversal here but if EOS closes below this trend line I will be exiting all my EOS positions.