Believe it or not, some people think this is the future.... PS: This information is intended specifically for education and serves no financial purpose whatsoever. ---------------------------------------------------------------------------------------------------------------------------------------------------------------------- weedmoon - dodging clouds of...
200 MA (red) bounce. Price discovery with definition of potential range levels (shaded) 200 daily moving average offers good accumulation. All of this subject to the macro environment still playing out vis-a-vis coronavirus.
I like spce a lot. Bought the dip and now waiting to see what happens here in the next couple of days. Possible inverted head and shoulders or adam and eve bottom. Expecting Q1 bottom on Nasdaq now or very soon.
Looks like bitcoin was rejected by the channel it was descending before the corona dump. I'm cautious about what this means long-term, let's see what happens when bitcoin tests the 59xx level. I guess it will fail and retest the 44xx to 54xx range for some time. If we bounce properly from the high 5k zone, we may just spike up through the channel... given...
Generally steep uptrends are weak in the longer term. For comparison the February/March 2018 fractal (black) is used as an example. Follows on from my last Bitcoin chart:
Expecting bounce soon on monthly time frame leading to consolidation above the diagonal with potential bearish breakdown
Been following this for a long time.... looks like the bottom finally fell out of the trail.
Not really a believer in simply following past fractals, but anyway... (I do expect the price to diverge from the fractal pretty soon) This obviously just the dotcom crash pasted on. So far so good! I do expect a rebound in stocks this year for the simple reason that opportunities cycle with the money: If investors fear recession they will seLl their...
Reduced 1929 bear -65%. Just idea, not trading advice. This indicator shows the distance from the 20 MA (here monthly) ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ weedmoon - dodging clouds of corona,...
Blue line is 20 MA Downward momentum on 3h chart has been pushing bearish on price since yesterday. The 4h momentum is also pointing violently down is coming soon The daily short-term momentum is still very far off Long-term buyers should wait at least until daily 20MA hints that bearishness has subsided. Therefore weedmoon is not buying now for...
Re-adjust NDX overlay to 4h - just for fun ~~ Not trading advice ~~
short target hit now flippity flip This guy might have nailed it
Canopy Growth, widely-considered one of the most successful public companies in the cannabis sector, has shown a pretty volatile history as traders try to set prices and speculators skew supply and demand in this nascent industry. One thing is certain, many of the traded cannabis companies will fail commercial, some are simply shell companies holding portfolios...