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CRON - CRON looking pretty good here. Support at both the trendline and 12-day EMA around 19.60 ish. A little bit of resistance around 21.90, but RSI is above the 50-line. Positive Stoch cross. Keeping with this trend could have us seeing a new ATH soon. Volume will be the key thing to watch, as always. This setup is invalidated if we break trendline support. The next support will be the 50-day EMA which is currently around 17.00. If that support holds, it would make a good entry price for a swing back into the 19-20 area.
NASDAQ:CRONLong
by ShanghaiCrypto
Aurora leg 5I think Aurora will do a wave 5 up. After the first report Aurora look like to have a strong future. And with pension founds and other institutional investor starting to pick up Aurora shares i think the SP will start to reflect it. I hope it will be a steady climb as it for me represent a shift in sentiment and a new type of buyer have come around. Changed sentiment bull target: $14 cad Trending range: $8,30-$9,30 Changed sentiment bear: < $8 Not trade advise. For traning
TSX:ACBLong
by LifeOfInvesting
5
I think Canopy Growth will retest its support in the coming week I think Canopy Growth will retest its support in the coming weeks. Much based around the accounting error and no short term catalyst to move the SP higher from a already high SP, price near ATH. I think Canopy Growth will find support around $48-55 Cad or as low as $40 Cad, depending on more factors then only Canopy. And with positive news around the Cannabis market not having a significant impact on the share price, i believe it impact the sentiment to become more positive towards Cannabis market, see it with a little bit less risk. And with risk in mind, i think most well known companies have there share price reflecting the risk in the market rather then the potential of the market. When the shift comes from investing for the potential rather then the risk. I think the good companies will have lower volatility and a steady SP and healthy technical moves. Rather then this risk investing climate, with high volatility, fast up and down moves and SP destroyed in a couple of days/weeks. Based on the belief stated above, i think the SP will move down from 60 range to 40-50 range depending on sentiment/ things unknown to me. And from there trade in an range until a leg up or down, or a shift in the sentiment.
TSX:WEEDLong
by LifeOfInvesting
USDT -CANN CannabisCoin - Alt Coin Analysis - Point SystemAlt Coin Analysis - Points out of 10 Perspective Matters! Date : Since 2014 ( 8 / 10 ) Volume 24 H : 3 BTC ( 2 / 10 ) Available Markets* ( 1 / 10 ) Huge Risk Social Media Rate ( 3 / 10 ) Ranks ** - 870 ( 2 / 10 ) Website ( 1 / 10 ) Type Cannabis Coin Overall ( 2 /10 ) Please review my previous CANN coin analysis as well to get a better idea. Even though, I joined crypto Nov 2016, I didn't touch this coin until April 2017. Everyone was talking about POT, Cannabis and Marijuana in stock. I invested in POT, CANN coins instead of stocks. I made a right decision. The benefit was huge to take the profit on the road. However, Most of people joined crpto after Aug 2017, Every-coin was pumping Bcash, OMG, Neo etc, They thought it will last forever. They didnt know what is taking profit and TA! They had to learn that the hard way.! Most of them already gone. The rest of them is 80 - 90 % down from ATH or over 50% down from their initial investment . So, What is next? if a big brother / dad ( BTC ) doesnt save them, They will go extra 50 - 90% down. Most will die! A few of them ( Stratis, Wawes, Tron, XRP and Bcash ) didnt want to take help from BTC and recovered their recent loss. It is the last change for over 90 % ALT coins. Please be careful with your investment from now on. If BTC doesnt break the downtrend-line and can not stay above MA 200 , So much blood will be on the crypto streets! Please check " coinmarketcap.com " . It is from the previous ATH. Dont fight with a market / trend , TREND is your friend. Be a friend with it. Always remember, You are fighting with other traders not a market/ trend. 1 ) If you are not investing minimum 1 hour per day in crypto, You should always wait the confirmation before making any buying decision ( dont try to catch the bottom ) 2 ) Take lose quickly 3 ) Dont averaging down 4 ) Wait 1 day or 4 hr candle ( open -close ) to take any action 5 ) Check coin / USD and coin / BTC before buy & sell I am still in a big profit in crypto but I dont want to give them back! You should do the same! * Considering top 10 crypto exchanges ** Top 100 coins on coin market cap get 10 points
C
by CryptoEngineering
SNN - Sunniva looking to change trend upon daily consolidationMy Take: Ideally I think we would see a push up to 4.80 and possibly love 5's on Monday and then consolidate over 2-3 days in mid to low 4's ($4.20 and 50 dma at ~$4.10) before pushing back above 5. The $5 price range is going to take support and conviction, along with a bunch of new buyers as we had the bought deal at $5.27. With psychological resistance at 5, bought deal price and then our recent top out as well at ~$5.55 thats a heavy zone. After getting through that zone we that could see a big break to the 200dma and into the 7's. The daily chart is only at an RSI of 67, which is not over bought by any means and increasing bull volume is a good sign. scanners will have picked up the 17% gain and chart trend, which can be good for another push but will attract increase short pressure to consolidate. The uptrend (up-sloping blue line) has lots of room to work with so a 2-3 day correction is not anything to worry, but $4.00 is key to stay above in my opinion (right in that intersection of the uptrend and downtrend) otherwise it would only be considered a lower high on the long term downtrend (down-sloping blue line) which we closed above for the first time and above the 50dma for first time since late August early September. Sunniva is under valued Fundamentally based on near term revenue analysis, the stock was pumped early on with the MJ bull run back in january, but faded the entire year because of missed construction/ operation targets, things are looking good for 2019 and beyond and this stock is worth looking at upon confirmation of trend change. Do some digging and due diligence!
SLong
by justin_paul
BTC-CANN CannabisCoin - Alt Coin Analysis - Point SystemAlt Coin Analysis - Points out of 10 Date : Since 2014 ( 8 / 10 ) Volume 24 H : 3 BTC ( 2 / 10 ) Available Markets* ( 1 / 10 ) Huge Risk Social Media Rate ( 3 / 10 ) Ranks ** - 870 ( 2 / 10 ) Website ( 1 / 10 ) Type Cannabis Coin Overall ( 2 /10 ) At 200 - 215 satoshi, Good Risk & Reward. The coin is on ALL TIME LOW level since 2014! If you dont think BTC found the bottom, dont touch this coin! Sell with the next pump, Dont hold it for a long time. * Considering top 10 crypto exchanges ** Top 100 coins on coin market cap get 10 points
CLong
by CryptoEngineering