3rd Quarter 2020 Bullish WEED Case StudyHey there Traders,
Attached is my prediction for $WEED over the course of 2020,
There was a lot of sell pressure in 2019 that has cooled off over the past few weeks. I assume the cool off phase/re-accumulation zone will continue for the first half of 2020 followed by a bullish climb near the 2nd half of 2020
Weedcoin
HEMPCOIN (THC) – ready for pullback? Short for a whileHi Guys!
As major cryptos fall right now THC seems to be moving constantly up?
Why? Maybe because they launched their own Masternodes? Maybe because they offer a bounty (airdrop) for THC hodlers (24.07.18 – not 100% confirmed)? Or maybe because within a weeks Mariuhuana will be vastly legalized in Canada which is huge market?
This all can be true. What do you think guys? Do you have any otter hot infos? Please do share with our community.
So looking at the chart.
We are short on THC for the time being. Why? We assume we finished 5 step Elliot’s cycle. Waiting for rebound to buy cheaper. Secondly not much volume involved ex. Bittrex 64 BTC/24h. Not much ha?
So our advice is wait till we finish correction wave ABC.
We can also count on bouncing from Kijun-Sen (violet line) when observing Ichimoku cloud. This is also worth watching. Observe also when chart crosses Tenkan-Sen (red line)
In order to be super safe you can sell now and wait till we bounce off from the level of 0.00001344 (previous max) and we break peak from May which is at 0.00001497.
We can also face cup with handle shape. Time will tell.
So that is our strategy. Will you go for it?
Stay vigilant and observe key levels as mentioned above.
Don’t panic, don’t be too emotional.
Huge HUGS!
WBM Team.
The summer of the weed! (Potcoin Gann fan and fractals analysis)
This is a weekly view and as you can clearly see this fan shows perfectly supports and resistance,i usually use it with bollinger bands to see when the squeeze long is coming on the supports. we are on a major historical support (horizontal red line and the 2-1 Gann fan trendline ) i expect a massive movement from here as you can see in the fractals of the wedges too it usually moon hard when broke up of this wedges.
Macd on weekly has already crossed up :
Stochastic on bullish divergence and crossed up :
But also the 1 day chart shows a bearish divergence on rsi : so im not going in for now but waiting for a dip around the buy supply zone that should be around 1000-1150 satoshi.
Also stochastic on 1 day is dipping. lets see what happens at 55 level :
Cannopy Growth Stock Will Increase AT ANYTIME3 months ago, the stock increased tremendously. On the other hand, we cannot worry because the price for the stock when down. Remember, the legalization in Canada is on June and the company already created some partnerships with other companies in order to have more fields. Then, the profits will increase massively!
Therefore, in order to make profit with this stock, you have to wait at least 3 months. Be patient because on June and July, the stock will blow up.
DopeCoin (DOPE-BTC) forming cup and handle pattern TA updateDopeCoin (DOPE-BTC) has seen bullish momentum since it broke out the long term descending triangle last week. Three days ago, in my previous DopeCoin trade analysis, I predicted the forming of a cup and handle continuation pattern. This is an update to my previous TA.
After retracing the first peak, the trend got in perfect sync with the direction of the previous ascending trend line (extrapolated in the chart).
On december 26th Bitcoins price was volatile and most alts, including DOPE, dipped during this moment of sudden market panic. Dope has recovered by now and is heading back to the plotted course I predicted in my previous TA on DopeCoin.
DopeCoin has kept its head up high during the recent times of BTC volatility, it has dipped a bit, but bounced from strong support at Fibonacci lines and shows a bullish trend towards the aforementioned cup & handle pattern.
With weed legislation enrolling on January 1st 2018 in many countries all over the world, the weed coins have a very bullish momentum. The developer op DopeCoin has recently announced enrolling a payment system throughout the weed industry.
You can enter DopeCoin at the stars (break points) indicated in the chart. Do notice that the actual break points may shift if/when the trend deviates from my predicted path. Always enter only after confirmation of an upwards break while finding new support. Learn more about cup and handle patterns and how to trade them on Investopedia: www.investopedia.com
1st sell target: 1090 satoshi (only for yellow trend scenario/low cup)
2nd sell target: 1290 satoshi
3rd sell target: 1625 satoshi
Stop loss: below the lower blue dashed trend line (depending on time of entering 750 ~ 950 satoshi
As always trade safe: monitor your trades and set (phone) alerts and stop loss orders, especially at times when BTC is more volatile
I hope you can put my TA to use and make a good profit based on my signals. If you want, you could tip me after a good profit. Thank you!
Bitcoin -10.18% address: 13MJSpaqqpBm9JfqNUFt424CQZBF8TKHYa
Ethereum -6.52% address: 0x105e37a11abfcfa80ab51c00bc6837f65183af64
DopeCoin DOPE-BTC bullish break continuation Followup on my DOPE-BTC DopeCoin TA from yesterday. As predicted DOPE broke out the 500~575 zone to the 600~650 zone.
Dope is on the right track to break out for handle confirmation on the big multiday cup at point A. If it however fails to break out at point A it could target point B for the smaller cup handle.
Mid/long term TA history combined with this short term TA shows a bullish break for DOPE, there is a lot of momentum and hype for "weed coins" at the moment (THC right now for instance, which I predicted as well). January 1st a lot of weed legislation will become active in many places allover the world. DOPE could give good short or even mid term profits because of all this.
Buy target: 675~690 satoshi at handle break confirmation A or B (if A fails)
Stop loss: 500 satoshi
Sell target 1: 990 satoshi
Sell target 2: 1190 satoshi
Sell target 3: 1640 satoshi
DopeCoin (DOPE-BTC) TA: bullish, possible cup and handle DopeCoin (DOPE-BTC) has seen bullish momentum this week since it broke out the long term descending triangle.
The current trend is in perfect sync with the direction of the previous ascending trend line (extrapolated in the chart) and wedging upwards between the 23.6 and 38.2 percent Fibonacci Channel lines.
The predicted trend, based on the observed trend en Fibonacci retracement / channel mentioned in the previous sentence, has a high probability of forming a cup and handle, a bullish continuation pattern. I have also indicated alternative trend movement and possible downward breaks to keep tabs on (the red arrows).
You can enter Dope after the descending first part of the handle bounces back up from the red 23.6% Fibonacci line or at handle confirmation (break out of the yellow trend prediction/near the green arrows).
First sell target: just below the 78.6% Fibonacci line (blue), depending on time stamp reaching target
Second sell target: 1625 satoshi
Stop loss: 650~750 satoshi, depending on time stamp entering
Always trade safe: monitor your trades and set (phone) alerts and stop loss orders.
I share my TA free of charge, if you make a good profit and would like to tip me that is something I will certainly appreciate, thank you.
Bitcoin address: 13MJSpaqqpBm9JfqNUFt424CQZBF8TKHYa
Ethereum address: 0x105e37a11abfcfa80ab51c00bc6837f65183af64
DopeCoin (DOPE-BTC) short term bullish breakDOPE bullish forecast. DopeCoin broke out of a midterm descending triangle/pennant and has formed a cup in the past week. The handle could break upwards soon at point "1" or "2".
Yesterday I have correctly predicted the THC run. DOPE could be the next weedcoin to profit from this momentum combined with the trend that it is showing.
Buy at break signal 1 or 2. Stop loss order around 400. First two sell targets are just under 700 and 1000 Satoshi.
HempCoin THC break signalAfter successfully breaking upwards from the bullish pennant of my previous THC-BTC TA, THC is now about to test the 885 Satoshi resistance line within 24 hours.
The odds of continuation of the rise are in its favor given the bullish momentum so far, news/hype surrounding the "weed coins" and the fact that it is a relatively low volume coin that easily spikes when gaining momentum.
If it would however fail to break the 885 Satoshi resistance line, it might drop to the 645 Satoshi support line. When it breaks 885 resistance THC targets are 1100, 1225 and its all time high of 1290 Satoshi.
SING watch for breakout of symmetrical triangle. LongKnowing that SING is now involved with both cryptocurrency and marijuana industries, having partnered up with BITCF (previously charted and took off.
These companies are starting to make headlines in a strange way. They are in the game of funding the marijuana industry with blockchain technology. Weed coin is available on exchanges now, and the ICO launched for a market cap of $60,000,000.
Because these two topics are so 'hot' right now, the consolidation behind this stock seems poised for some gains. The previous trend was up, the stock is consolidating in a symmetrical triangle pattern, breakout should occur soon.