PatternTrader0807

PatternTrader0807

ANKR fell through our previous trend line but didn't really break an upward trend. Normally I'd classify the red lines as a Bear Pennant, however with the higher high and reversal of a higher low, it would seem it could fall either way. Hard to call this one. Support at .15 would be a queue for me to buy more (Not trading advice). Even a further decline is...

PatternTrader0807

This monthly view shows ANKR in what appears to be a complete reversal. Upside potential has been forecasted between .21500 and .23+ - Even if ANKR breaks down, there is heavy support and it will still be on track for a climb higher. This Crypto is one Mainstream Article (most likely government use e.g. Web3 use) from exploding imo. It's use as an Etherium token...

PatternTrader0807

Looking at some trend lines and support, I think ANKR has a very good chance of a healthy bounce. Upside potentially .23 (for now). I am also prepared for as low as .139ish if it falls through support but maintains trend (Red Circle). I've placed my buys at .14 if that were to happen (Not trading advice). I am also prepared to double down once breaking out of the...

PatternTrader0807

My trend lines aren't set perfect but the idea is there. I'm looking at the potential upside. It could get as low as .13700 through the .14ish price. If it does and bounces I'm looking at another entry at about .14500. The Monthly and "Multi-Monthly" trend has been broken in favor of uptrend. I've seen other charts predicting .25-.50 (and more). Seems too good of...

PatternTrader0807

It's possible that this is just setting up for another leg down, however with Bitcoin being weird, it's not impossible for alts to Start another uptrend. Weird news from Tesla, Elon, JPM, and other institutions, plus with the Federal Government (US) potentially implementing massive Capital Gains taxes, it wouldn't be a surprise that people (holders/whales) make a...

PatternTrader0807

MACD crossing over 0.00 for the first time since stock became live. Buy and Long indicators going off. Volume Monday was great but needs 2 or 3 more green days. Like a few others, I think this could easily reach $1.08 and possibly $1.44. If we see a little consolidation during the week I might double down. I can't forsee anything negative at this point. Looking...

PatternTrader0807 Updated 

This is a daily look at XRP. The interesting note is is that over the past few weeks it has touched .29 and bounced back up into the low .40cent area. Being at .31 now, and having recently been at .29, .31 doesn't seem like a bad entry up to .40ish. I am skeptical of the "moon" claims after SBI going live. I do think use provides value, though. I don't know enough...

PatternTrader0807

Next week will be interesting. There are actually two wedges formed. I'm hoping for a nice pop either Mid-End Next week, or possibly the following Monday.

PatternTrader0807 Updated 

This is where resist or support will be confirmed for the next move. With the volume dying off it's possible to see another dip down. Looks like retrace from the massive $9 spike. Still confident it will increase over the next week-2 weeks. Breakout above $4.93 is going to be difficult.

PatternTrader0807 Updated 

Within the next few days UPL will challenge the 50MA or be pushed back down to the .15-.16 area. I suspect if it pushes the 50MA it will be quick. On July 5th it gapped above the 50MA, but what is better about this time is that the 200MA is closer. If it can gap up high enough perhaps the 200MA can provide some support. I am tempted to hang on to this stock closer...

PatternTrader0807

This is only the 3rd time TBLT has had 3 consecutive days of Green Daily Candles since launch. If today holds, it will be the only time of having 4 consecutive days of Green. This is its best chance of full reversal back above $1. The MACD looks poised to go positive. The 50MA is .03 away. Not enough data to get a 200MA. STOCH-RSI looks good. Volume looks...

PatternTrader0807

This is obviously not technical. There aren't Fibs or Bands, or tons of oscillators. What I did do, is colored coordinated nearly identical features from 2018 to the recent pump. So similar it's almost a carbon copy. Even to the 50 and 200MA being almost exactly in the same position. Could it change and break the trend? Sure. But why would it? I see no...

PatternTrader0807 Updated 

If I were to guess, we will go down and retest bottom at about .046 cents. Following this closely. TONS of Banking/Congress/Pot Industry talk in the news. Marijuana Industry asking for more banking diversity. Congress seems ready to give it to them. Expect an explosion soon. Our best scenario is the stock dips back to bottom and we can find a good entry point....

PatternTrader0807 Updated 

Yes this is a 1hr chart, but it gives a lot of indicators. First you'll note the MACD: Though it's starting to reverse, because of the volume activity yesterday, unless someone makes a big purchase, I can see a similar result as before the little pump up. The otherthing you'll notice is the price increase was rejected at the 200MA. Now the 200MA is acting with a...

PatternTrader0807

You might wonder what use the 1-Month view of a 5-year chart is to anyone. Think outside the box. Not about quick money. I've noted some of the low price points as a reference for potential turnarounds. Why? Because the swings are profitable. If you can catch it early enough, say like in April 2013, it went from $1 to $2.64 over the course of the uptrend. 1,000...

PatternTrader0807

The volume has gone to virtually nothing. Onlything saving UPL from bottom again is another pump and dump, and that would only be temporary. The upper "info line" is the 200MA. The 20MA crossed over the 50MA. I can see a slight increase but if it comes anywhere near the 50MA it will get beat back down to the bottom most likely. The Stoch is oversold, but if you...

PatternTrader0807 Updated 

So, to open, I don't get how a brand that sells its products on Ebay, Amazon, Walmart, HomeDepot, etc. etc. etc. has such a low cap and PPS. Seems odd. That would make me think: A) Mismanagement B) Crappy financial books. On June 14th the CFO stepped down. Change coming? Will the stock reflect? Time to see.... Regardless of these hypothetical outcomes, the...

PatternTrader0807 Updated 

Looking at the MACD this stock update looks good. Volume looks good, MACD looks good. A little concerned about open gaps, but the trend is good. 4 days of the same movement. Might see a little retrace, but if it stays in the wedge and pops up past .39 it could be .50+