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Bitcoin 2021 bullrun using Beam Bands and Gann FanI decided to use the Gann Fan fib along with the Beam bands to illustrate the possible trend we are seeing with Bitcoin currently. We may have seen the bottom with Bitcoin at the low of $29k level. There has been much fud and talk of the bull run has come to an end but I am of the opposite thinking and believe we are in the middle of this bull trend. I am still, like many in the Bitcoin community, seeing a possible $300k plus target for Bitcoin but years end. We will see.
BLong
by altcoinb
5
Statistically ,this drop is an amazing BUY Hi crypto traders, Thought process: I calculated the time between the top and drop each time the price fell more than 15% during the previous cycle. The average time was 30 days. Similarly, I did the same but from the top to new ATH with average time of almost 100 days. Conclusions: 1. It is important to note that when the BTC price drops, it is only aprox. 1/3 of pain. We still have 2/3 of the pain on the way up with fear and uncertainty and people calling for lower prices. 2. Statistically speaking, we have already bottomed 20 days ago. Now we haver until mid-end of July to go through fearful times caused by mainstream media and youtube “influencers” (between us, they don’t provide better odds of success in trading than a flip of coin).
Long
by DEFI-trader
2
SNDL: Will it fly again? It seems so.Hello traders and investors! Let’s see how SNDL is doing today! It has been some time since we talked about it, so we have many things to update! First, for several months, SNDL did nothing, but now it seems it is waking up again. When it broke the resistance at $ 0.79 we had something new, and now we are in a clear bull trend with higher highs/lows. Any pullback must be seen as an excuse to buy SNDL. Now, we are heading to its target in the daily chart : It seems we have a rounded bottom , and some would say that this even a Cup & Handle, but this is not important. What matters is the meaning of this movement. Right now, we have something new on SNDL, as the price is not dropping or in an accumulation anymore, and what’s even more interesting, the volume is increasing . This means that the players are excited about the stock, and technically speaking, our next target is the $ 1.75. Let’s see if SNDL wil hit there again in the next few days. Meanwhile, remember to follow me to keep in touch with my daily updates, and support this idea if it helped you! Thank you very much!
NASDAQ:SNDL
by Nathan_The_Finance_Hydra
17
Side Trading range.POSH recently started trading through an IPO and got utterly destroyed. It has now been hovering around its IPO price of $42 and it looks like the side trading will continue until maybe the next quarterly report. This is going to be a good range trade to profit off of for the time being between $38 - $48 and may re touch the lows of $33 depending on overall market conditions. Secondhand retail business is popular and profitable for POSH and their business model is actually very easy to use despite what the bear say. I call that this is the bottom for the company as they are growing 40% quarter over quarter and its only a matter of time before wall street warms up to it. Good Luck. Always do your own Due Diligence.
PLong
by SheepWoolos