LIVC to the MOON?? 🧑🚀Live Current Media has been working on a sport betting app. Company pivoted last year from a medical tech sales vendor. App is functional but not making any meaningful money yet. This stock has good support below .4 with a large petroleum/oil investor racking up between .3 and .4. Every time he posts his SEC purchase filing the stock takes back off. They have some assests in the form of owning website rights and sold one last year for around $1m I believe. Average trading volume is 195k/day - very low. Price swings of 5-15%/day.
This is a penny stock with little to no income right now so obviously risky. I believe it is riding the wave of sports betting excitement but could lose support with little to no reason. Be Careful.
I am not a financial advisor. Do your own research.
Happy Trading!
Lowertarget
New H-S pattern confirmed in Bitcoin!Hello traders, here we are looking at the 4 hour chart of Bitcoin.
A new and even bigger head shoulder pattern has formed where the price has already broken the neckline which we are now re-testing at the 51.000 level.
Also 2 longer term trend lines have been broken. The drop to 47,000 in BTC was stopped by a volume spike and is now re-testing the broken H-S neckline.
Also the RSI made low over months so the spike was expected.
Note how much more volume there is in the right shoulder of the G-S pattern. the new target is now at 36,000 - 37,000 usd.
Going long in a downtrend can bring big profit but also much more risk! So take care of your stops!
With these declines the risk in the ALTS is many times bigger because here recently enormous profits have been made.
Targets now are 42.000 then 37.000 usd.
