Okay, another look. We've been in a long bull market since 2009.. but theres been a few pauses/staggers and consolidations along the way.. Almost like multiple micro bull markets inside an overall market huge thick bull ball market. A bull has a big big thick phallic connotation, make no mistake this is designed like that on purpose-- the thickness and girth...
we need a was out 2660 2688 before we can fix these technicals... Big drop out of a ascending wedge, needs time to play out. short and keep cash on side to short on any volume up .. stop out 26651~
Get Ready. Parking $$$$$$$$ For the buy zone
Feb Low - 6k March-Apr Low - 6.5k May Low - 7800?? TBD. Lets see how this pans out
History Repeats itself ? Coincides with mainnet launch and nice highs..
Faster Stronger Better Don't miss this one.
Overlaid the fractal from 2013-2015 to 2018 and did the daily->weekly convert on it.. LEts see how this plays out
Here is the Daily chart for the DOW.. I've overlaid the daily chart from DOW 1987 , as you can see we are in parity with the 'toppy' action, and the lead in to the drop. Does history repeat itself?
We bounced on the fib 3 days in a row.. consolidation and solid support. We need a bounce today or tomorrow or we can fade hard... I see this playing out gl to all
Overstock had a big big run into the winter with blockchain and ICO talk.. tons of new money jumped in thinking it would be the blockchain darling of the street... No real earnings and the tail-wind risk of being a 'blockchain only' company puts a lot of risk-on when holding that.. it seems to move at the mercy of the crypto markets. Right now crypto & bitcoin...
Open gap up.. let the market rip a bit then get rejected up here .. sell off again to re-trace but if the buyers step in we show confidence in Earnings and growth and multiples being juistified... If we dont see upward momentum after any red candies and retraces... then id be pure pee pee
BTC is range bound.. not sure where it wants to go, but this is pretty good consolidation in this price range where we didn't say many days of trading at this price so this is certainly establishing some good support here in the 7400-8800 area.. We do see a H&S on the 1hr chart so i do think this can pull back and re-test the resistance trend-line that acted as...
Zcoin rolling out masternodes in the next coming weeks coincides perfectly with the Technicals on the daily chart. Oversold on the daily (RSI floored) and solid support being held for past few days with sideways consolidation. I expect this to play out over the next 3 months depending how the masternodes are received. 2018 seems to be shaping up for the year of...