Strong
DOGE - Strong BuyDoge Website: dogecoin.com
STRONG BUY
Wave Count: Daily (Wave 3)
Use: Open Source Digital Currecy
What is Dogecoin?
Dogecoin is a decentralized, peer-to-peer digital currency that enables you to easily send money online. Think of it as "the internet currency."
Time-frame-30-60 days
What's with Dogecoin and the dog?
"Doge" is our fun, friendly mascot! The Shiba Inu is a Japanese breed of dog that was popularized as an online meme and represents Dogecoin.
Target: .17-.12
FibMarketWatch
BTC - How to survive the dropHere is a quick update on BTC to help you understand how to deal with these drops, which can be tough mentally!
Whenever you see a big drop, ZOOM OUT!
As simple as it may seem, it works wonders.
As we can see here, we have had several dips, this dip, although this one being aggressive, it is nothing we haven't been through before.
When the panic sets in, ZOOM OUT!
These corrections are healthy and provide longevity to the bull run.
Yes, this is a bull run!
ETH - How to survive the drop Here is a quick update on ETH to help you understand how to deal with these drops, which can be tough mentally!
Whenever you see a big drop, ZOOM OUT!
As simple as it may seem, it works wonders.
As we can see here, we have had several dips, this dip, although this one being aggressive, it is nothing we haven't been through before.
When the panic sets in, ZOOM OUT!
These corrections are healthy and provide longevity to the bull run.
Yes, this is a bull run!
CRSR ChannelCRSR, a recent IPO showing relative strength in the gaming field, looks undervalued. It's been trading within this channel the past few months, since early December. It's currently bouncing off the bottom, and looks strong in this overall red market - we should see a continuation back to the 48-50 level. RSI bouncing off of support level, MACD turning green, and strong move off of the 50EMA, trying to break 20EMA. Recent reports have shown that Corsair is in a strong position to outperform other tech accessory competitors and that demand for PC components has been on a steady rise. I like this trade back to the highs, a retracement back to the bottom of the channel, and then a long-term swing from there.
Good luck traders!
Platinum looking strong bullHello!
Platinum looking really bullish. We got here a beatiful higher low pattern and a vertical line which has worked as resistance.
This resistance has been tested 4 times. What I have seen usually 5th or 6th time does it.
Also RSI has already broke it's own the resistance line and used it even as a support. This gives me a strong bullish view.
Platinums demand is also getting bigger. Car makers are starting to use platinum instead of expensive palladium on exhaust systems.
If you are not holding for long term and are trading. Use stop loss.
Otherwise you will get your ass burned!
Take care
Jebu
GBPAUD LongJust sharing a position I have just taken on GBPAUD long.
Price has broken out of the descending triangle and has managed to hold momentum outside of this pattern. It has had a lot of volume behind it so there WILL be a retracement in price - Not to worry though.
GBP is strong across a lot of currencies, and AUD weaker across the pairs I follow. Also there is no AUD or GBP news due today.
This gives me lots of reasons to believe that this is a good trade.
Stop loss is just under the large daily breakout bar giving us plenty of room for adjustments. TP is at the top of the triangle.
This is a 3 to 1 reward to risk trade. Happy to take the risk with all these things in my favour.
If price shits itself and drops back into the triangle, then I only loose 1% and I'm hardly going to care.
$SNDL...high chance of a jackpotSundial growers has been getting a lot of volume these past two months, even having a day where it achieved 2billion volume. I believe this will result in a bull run for sundial. After breaking out twice, and finding support after each break out. Sundial has extremely high potential to repeat this pattern and beat the previous break out high of $.98 cents. There’s a ton of catalysts for this company that ALL point towards positive price movement. let’s start off with the fact that sundial has cleared all debt, this is great looks, having no debt is a big deal. Almost zero cannabis companies have no debt. This speaks for itself. Sundial has a very low market cap compared to other cannabis companies. Tilray, Auroa, and Cronos group have market caps of 1billion +. I believe that sundial has room to grow its market cap, to around 1billion. If you research sundial’s website they offer a wide array of great cannabis products, which they are constantly improving. Sundial is trying to make stronger thc potentcy in bud which is a great sign of strong future growth and progress. With Biden being elected, the house looking at the PACE bill, the culture right now with marijuana, and a stimulus check around the corner..marijuana industry as a whole is just a ticking time bomb. I think sundial has the best profit potential. Price target 2.5 long
GravityFundamental: South Korean game company who has just entered the gigantic chinese market with a new game making it interesting to follow.
Technically: the stock has broken the long term line of resistance and continues to grow into higher placed trend lines as market on the graph. I believe that both the RSI and MacD indicators show a newly found momentum to bring this stock even closer to the skt, combined with the trade deal with the chinese market.
Bitcoin stong movement upsideFast analysis.
I think this will be the last shake off before BTC brakes all time high.
We saw really stong bull move from 18 600 to here, in 3 hours.
If we stay higher than the support line I believe we will break and if we close higher than ATH we keep going bull until Christmas and New Years selling.
Remember that nothing is certain and use stop losses if you do trades!
First mistake beginner traders do is taking to big risk!
I'll put analysis from chart on Bitcoin Dominance later on if I have time.
Anyways.. Let's enjoy the price action where ever it goes! ;)
Regards
Jebu
BITCOIN HOLDING STRONG!!! 16K?!Hey there,
Support this post with your likes and follow me!
Comment below!
Got a pennant forming on Bitcoin here.
I did not include the two closes of the 4 candles since they
did not change the general structure of the pennant afterwards.
Bitcoin still holding 15k strongly.
Pennant likely to see follow through to the upside.
16k short term target and 17k later!
Cheers,
Konrad