Opinionswelcome
FTSE to rise or fall due to brexit?With in a 52wk range there has been a high of 4,993,89-7,585,98 on index value. with it on a negative slope, working out if it will fall below the index value of 6400,0 as of previous events brings me uncertainty. With the average constituent size of 15,010 and the highest being of 109,418. Buy or sell ???
ETH reaching new levels? Happy new years to you all,
We have been seeing a massing bull run in the crypto market in the last few days and I believe the best is yet to come. I first would like to say that based on the maximum amount of ETH in supply I believe that ETH will hit a MKT CAP of $148,000,000,000USD. This means each ETH of course would be worth $1300USD. I personally thought that the price would not be able to support this price just like in 2017 when we saw a cold period after the all time high. We did not have COVID-19 in 2017, that is the exception that has led me to believe that $1300USD will not the limit to where ETH will go, the pandemic has accelerated the need for fast, cheap and effective payment systems that serve the average Global citizen. Based on What I see in the ETH's MKT CAP, in my "nonpro" opinion I believe we well have the potential to hit a $500,000,000,000 USD MKT CAP by 2025 if not sooner. This would mean that ETH would hit a price range of $4,545USD.
What do you think?
Different Vision According to BITCOIN history and the following Data we can admit that we have started a long-term Downtrend from 2017 December.
Given the first law of the classical TA (history is always repeated), we can imagine the following chart, which clearly confirms this.
JUST like Always , it's just a vision AGAIN .
Best wishes
TrendySeems NYSE:ACB aiming to break the 50% fib. Signals are overbought and as we know there's a lot of emotion in the cannabis market and everyone's betting on gains. Seeing overbought is a caution sign, but with millennials being a large driving force with little experience (me included, I've been trading crypto for less than 2 years), things look like they're as risky as can be. We did have a small breakout of my previous resistance levels and entering the next set of resistance. It broke and closed at the mark and hoping this week it continues to climb as all the other major hitters have been this last week. Continuing to monitor news as it relates not only ACB but the market in general. Looking at a channel forming but as mentioned, I'm waiting for a correction to buy more.
Any opinions or links to other ideas are always welcomed.
Disclaimer: I'm a millennial lol
AccumulatingHighly volatile weed market looking to be highly profitable in my opinion. With estimates to be well over 50 Billion I'd be accumulating in trusted stocks right now. Personally I say Aurora is pretty diluted but making aquisitions and setting themselves up for the long term needs to be done while the weed market is fairly new. Establishing a big foothold in various aspects of the cannabis market, again, personally, is a smart move. I wouldn't be surprised if it hits $8.00 USD before mid Feb or even $9 by the end of Feb.
I would also suggest some research and comparisons to competitors and professional analysis. I've been gauging risk and with everything from legal aspects to future prospects in that matter, I feel possitive for anything involving the cannabis industry. High hopes (no pun intended) for the future of $ACB especially since no big deals have been made yet.
Watching for a breakout...As mentioned in my Aurora (ACB) post, the prospect of growth across some of the big players making a mark seems profitable. Risky, but profitable. Planet 13 is another one of my investments and I'm currently waiting to see bigger news, but being that its already had about a 39% growth YTD (July 2018). Largest weed store in Las Vegas...enough said. I'm watching to see if I will be able to pick more up if it breaks down a little or if it's simply just gonna keep rising. As I've mentioned...regardless, buying cheap now in companies that have a lot of growth in sight is a good buy for me.
In political news, Jeff Sessions resigns, Democrats have House and I feel positive on the outlook that there will be more relaxation and acceptance in the cannabis market. This will hopefully continue to drive up prices as more people start to buy based on greater acceptance. I'm looking to see what PLNHF does with its brand.
Just my 2 sats - BTCUSDTHey guys, it would seem the general consensus among the majority right now is that we're heading into a new low, or at least a retest of the 6k area - I'm not so sure. I've been mostly bearish since i began posting but that was before... before i saw BTC break the bear channel and HOLD. This will mark the first real retest of that once VERY staunch resistance as a new found support (hopefully). Obviously it can fail, however, given the amount of effort BTC needed to break it with any real confirmation, I find myself a little hopeful. This will (In my opinion) be the test to either confirm or deny BTC being in the beginning of a bull season again. This is an important time ladies, gentleman, whales, fishies, bulls and bears and all beasts of burden! feel free to comment your take on the market, i will try to get back to you guys though i often leave this running in the background. Trade safely and make bank!