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ADA short term update.ADA couldn't break 0.176$ resistance and fell into lower range of 0.15 - 0.16$. We broke our 21 EMA support turned resistance, all of which is bearish. However, if we can make support here; ADA would be set for a HL to go back and retest 0.176$. This would help make the case for a short term bullish ascending triangle. Just have to see if 81 EMA holds support. If it fails to do so, and we go down to our lower range of 0.13$, then we might be more than likely to complete a bearish M pattern.
BINANCE:ADAUSD
by Detective_Conan
4
VERI a quarterly gainer,rising +600.94%.Expect Uptrend reversal Veritone (VERI, $14.86) was one of top quarterly gainers, jumping +600.94% to $14.86 per share. Tickeron A.I.dvisor analyzed 156 stocks in the Packaged Software Industry over the last three months, and discovered that 147 of them (94.49%) charted an Uptrend while 9 of them (5.51%) trended down. Tickeron A.I.dvisor found 204 similar cases when VERI's price went up 15% within three months. In 161 out of those 204 cases, VERI's price went down during the following month. Based on these historical data, Tickeron A.I. thinks the odds of an Uptrend reversal for VERI are 79%. VERI enters a Downtrend as Momentum Indicator dropped below the 0 level on July 02, 2020 This indicator signals that VERI's price has further to drop, since it moved below its price 14 days ago. Traders may consider selling the ticker, shorting the ticker, or exploring put options. In 44 of 47 cases where VERI's Momentum Indicator fell below the 0 level, its price fell further within the subsequent mo
NASDAQ:VERIShort
by AlTorress
CLEAR CLOSEUP on BITCOIN Stabilization Zone 5 - BULLISH MOVEDESCRIPTION How far can the price keep on fluctuating on Steady 5 Zone? If u follow up from my previous trend analysis, this analysis shows the selection of some Stabilization zones that occurred based from the previous chart but this time on a 60 Minutes Chart Timeline. The stabilization zones pointed out shows the slight steady movement of prices that occurred in more horizontal manner from Steady 1 zone in late March up to the current steady zone in early May (Steady 5 zone). For this analysis, our focus will be on the Stabilization Zone 5 (Steady 5). We are experiencing price fluctuations in the Stabilization Zone 5 (Steady 5) which has had price movements from $8,463.29 up to $9,145.80 and has kept on moving back and forth. This might indicate a possible Bullish move which might see the bitcoin price go up to as high as $10,500 on the Bullish Trend Channel. Back to the question on how far we can hold on to this zone, the answer will be 'Not For Long". The possibility of moving out of the Steady 5 zone will come sooner before the Halving. So we are looking at the price breaking the resistance zone of $ 9,145.80 and going upwards. At the moment, the price is being tested on the $9,145.80 mark. The Stop Loss level has been indicated to be on the Support level at $8,463.29. We should see more bullish movement in the price. Target Profit has been set to $10,488.95. Don/t forget to Follow and also Like this idea, your appreciation is highly needed. Thanks a lot for reading.
Long
by Obiakor_Evans
2
DASH on Critical PointSimilar to our analysis of Litecoin (see below), DASH is also right on a critical point here @ $83. It isn't going sideways in the next day, so the question is, Bulls or Bears? There's a big area coming up between $84 and $94 where price has historically spent some time ranging. If we can break into this area you could set a TP at $94 and be pretty certain to hit it soon. If we cannot break into the range the price will deflect downward to at least $76, maybe the next level of $68, or possibly if there's a strong deflection all the way down to $62. Time will tell on this one, if you fancied a little trade we'd go long @ $84, TP @ $94, SL @ $80 (just below recent range). Good Luck & Happy Trading! -theCrypster
KRAKEN:DASHUSD
by theCrypster
Bitcoin is falling, as was naturally expected...The current fall of bitcoin is natural motion at this time. strange would be if we watched a high and the price back to 15k. We are still in a long term downtrend. In my perception, we live the second big fall of bitcoin, which is still just a baby. however, the macro movement is bullish and remains an excellent long-term investment, something for life. Maybe bitcoin will still reach 5500; if it does, it's worth selling some patrimonied to buy it. Thanks ! (((*))) Shaman
BITFINEX:BTCUSDLong
by gabaonogueira
Bitcoin gaining power to push downAfter the shorts (Futures+Options) have been stopped out, its time to continue the down move as the way is neat, paved, and clear. BTCUSD on Bitstamp was used as it contain most history. A logarithmic scale is used to make trend lines work correctly a 3 Days candle was use to construct the chart the big move yesterday was just made to hit levered shorts and to test the broken up trend from below.. I think the destination is between $5000 and 2000, most likely $3000... +- 20% on both edges...
BITSTAMP:BTCUSDShort
by anas_algo
ACB Long ATM StraddleCannabis stocks have the possibility to move a lot in a short period of time, as regulatory changes on whims have huge impact on the market size to which Cannabis companies can sell their products. Although our stance is that the cannabis industry is likely to become even more volatile as more regulatory developments and sector-wide shake-outs leave only the leading firms, the reason we are particularly interested in the ACB long straddle is because of the low IVR. We are entering into a near-the-money straddle on $ACB by longing the July calls and puts with a strike of $7.50, for a $.70 debit. The breakevens are below 6.80 and above 8.20. As a long straddle, the maximum loss occurs if the stock price S is at the strike k of 7.50 at maturity in July. Taking long positions on both of these options is very cheap because the implied volatility is subdued -- with an Implied Volatility Rank of 4.3. Also, Aurora in particular has not joined big partnerships, contrasting the alignments with Canopy Growth ($CGC) and Constellation Brands ($STZ), Cronos Group ($CRON) and Altria ($MO), Tilray ($TLRY) with Anheuser-Busch InBev (BUD) and Novatris ($NVS), and HEXO($HEXO) with Molson Coors ($TAP). Announcement of any partnership, which is likely as billionaire private equity specialist Nelson Peltz recently joined with the intent to line up possible partners, would have a huge impact on the stock price. In January, Aurora Chief Corporate Officer Cam Battley told Business Insider that he would be looking to release “hemp-derived CBD strategy” into the U.S. market in the “next few months” in January. Five months later, we still don’t know what the surprise is. It could come within the next few months.
A
by LaurenTrading