Get started

Neptune

$NEPT 5/30/19: Prove it bulls!TraderNoxtreme here with a quick $NEPT analysis per request, Let's jump right in. $NEPT had a bearish short term and bullish to bearish mid-term turn. This being said we have a clear cup and handle formation for our May price action. MONDAY will be KEY in determining what to expect in June. BEAR case - If we get a gap down on Monday the cup and handle pattern would pretty much invalidate (if it hasn't already since we have seen a more significant retrace on the handle). If we gap down, I would expect a test of our previous support at 3.97. If we break 3.97 I would expect we would find support between 3.83 and 3.76. There seems to be a lot of support below that. - MacD on the daily and 4 hr chart is trying to make a bearish cross. Leaning to bear continuation. - RSI in a downtrend on the daily, 4hr but still in the 50s (neutral). Bull case - We have a tentative break of our short-term downtrend line (handle of our cup). If we stay flat or gap up Monday, I will be looking for the cup and handle confirmation which would swing us back up to 4.70ish. We have a nice green gap up after hrs indicating this could indeed be what happens BUT after-hours trading is very unreliable to take it as a grain of salt. - We have a solid RSI bounce right off oversold on the 1 hr time frame indicating bulls were just taking a break because we have been forming higher high peaks since march. - MacD is also curling back up to make a bull cross on the 1 hr and might be rejecting the bear cross on the 4 hour. Weak support of a bull case here but it is weak at best. - Bullish cross off the 50 and 200 SMA on the 1hr two days ago and also a bull cross of these moving averages on the 1d char back on the 23rd. We also have all the moving averages squeezed together right at our current decision point on the 1 hr. In this case, I think this adds to our case for bulls reversing the short-term trend but under normal circumstances this indicates the move we get will likely be explosive in whatever direction we go. Conclusion: If we open Monday flat or gap up, I am expecting continuation up to 4.70 potentially, or higher. 4.70 stand out to me because the uptrend line on our HH peaks meets there nicely. (I do see our 4.37 peak did not touch but it would if I use candle bodies so I am giving it the benefit of the doubt here) Else We gap down Monday. It is likely we will retest 3.97 (or open there) and continue down to look for support between 3.83 and 3.76. There is a ton of previous price action for support down here but this stock has a history of setting lower highs and lower lows as it bounces down through previous support levels so depending on your time horizon be cautious if these levels break because we might go through another extended period of consolidation. I am also leaving out news completely here which is a BIG part to the MJ story (it’s a hype market). Being said, I feel that the charts tells us when news releases will come as it seems they often come right when technicals indicate a shift or a catalyst is needed for continuation/confirmation. Right now seems to be a perfect time for a bullish story to hit and confirm the bull hypothesis. Please like if you agree, subscribe if you want more, and comment because you can!
N
by Noxtreme
Is Neptune Dash going to see some correlation to Dash?Neptune Dash has not been getting much of a multiple for crypto assets & cash under management. 4M Market Cap. Nov 30, 2018 they had $900,000 in cash & $2.45M in #DashForCash. 24-36 months without contemplating any capital raises Price target of 9c by the end of the week, which will be a retest of early April's 2019 ATH. 11c is my next strong resistance point on the chart. This is obviously dependant on Dash's performance, but I expect to money to come from BTC into the more mature utility purposeful coins "like Dash." We've seen some record volume with Neptune Dash & record hash rates & adoption with Dash, so things may get interesting soon. Time will tell per usual.
DLong
by ScotianBot
NEPT deciding between equilibrium and bear flagA friend just asked me about NEPT so thought I would share that here too. Watching a daily equilibrium here, Ideally the bulls need to hold 5.08 but were not convinced yet that's our daily higher low - 4.92 is the MUST HOLD level for the bulls. We've had a weak bounce so far on decreasing volume which doesn't give the bulls a lot of confidence. Our key range right now is 4.92 - 6.20. IF the bulls do get bounce continuation I'd expect this move to top out somewhere around 6.80 and the bulls would need to regroup to set a higher low; we'll see where that gets set to gauge the likelihood of then breaking out to higher highs. Zooming into the hourly chart we see a clear channel as a range with the last hour of Friday breaking below that channel. That's not a signal per se but it's certainly not giving the bulls any confidence here, and could actually be a daily bear flag setup. Any pullback above 5.37 on the hourly chart is a higher low and keeps the bulls in control, but they need to break above 5.54 early Tuesday morning to give us any confidence in this daily equilibrium pattern. The hourly MACD cross is very weak right now, so we're patiently waiting to see how things play out before we plan any entries, bullish or bearish.
N
by McGuireTO
1
BTC, 618, Numerology and the Heavens?There's a lot to say and I'm probably leaving a lot out but it's ok. I'm a big fan of the non-linear, circular thinking. June 18th... 6/18... we are at the apex of our pennant from 20k. but what if our pennant's apex means nothing and the real apex is the Gann fan apex at 6/18? Refer to other charts I've done that have Gann fan crosses and planetary correlations. Also on 6/18, Neptune goes retrograde. So I saw a twitter post about the reversals on the 6th and people start talking number of the beast... so I'd like to a moment to clarify the significance of this number and then some. The obvious- Fibonacci and the golden ratio Then we do some cumsum numerology (cumulative summation you pervs) 618.. 6+1+8=15 =1+5=> 6 666, 6+6+6=18=1+8=> 9 without doing a deep dive into numerology, 9 is the most yang number (Chinese numerology perspective), the number of completion, the highest and most powerful number. In the zodiac, the 9th house is of Sagittarius, ruled by Jupiter, who relates to abundance, wealth, the highest and most etheric knowledge (spiritual knowledge and general higher learning). There are 9 planets in the solar system (100% Pluto). There are 12 primary channels and 9 extraordinary meridians ==> 12x9 = 108. 1+0+8 = 9 There are 108 beads on a prayer garland===> 9 9 months in a pregnancy. The Sun is apparently 108x the size of Earth. (wiki says 109x the size; close enough, damn stars are expanding as they get older) In the Bagua. There are 8 trigrams. In olden asian agriculture, they would feng shui their crops according to the 8 zones/trigrams of the bagua. The middle would be left empty, the middle was the 9th zone and referred to as God's acre. The atomic number of Carbon is 6. Carbon has 6 electrons, 6 protons, and 6 neutrons. ... 618=6? 6 points in a star tetrahedron. In asian culture, 666 is something that is very powerful and impressive. A demon can be that and someone of immense Light can be as well. ...I wouldn't be surprised if we don't have a big fat candle that scorches up to 10,800 out of nowhere.
COINBASE:BTCUSD
by TreeTruffle
2