ETHUSD. With a massive push down to $700 who could have done such a thing? While the reddit crowd and Wall Street Bets herd discovered the power of strength in numbers (and have been consequently scorned by the powers that be) the exact type of manipulation was seen today by the other team. The old pro's finally bought into what we knew all all along, ETHUSD is...
EURUSD Poised to push towards 1.25. With 1.20 being the fork in the road, EURUSD has gained traction to close above 1.21. While long term fib extentions suggest a push toward 1.25, key targets ahead include 1.23080 and 1.23300. The break above the descending monthly trendline and subsequent retest supports a move higher.
Ethereum Update: ETHUSD While all time highs have been reached the recent pullback is a lesson to those who bought the top of the run. Trading any stock, commodity, currency and certainly crypto takes a high understanding level to enter and exit based on market conditions and not emotions. With that said, I expect a march north to $2800. Major Support still rests...
SNDL Long update. While our previous stated targets stand, this is a shorter time frame look at the previous analysis. A break and close below 1.67 opens up 1.48 to the downside followed by our 1.33 invalidation on a daily closing basis. A break above 1.67 on a daily closing basis confirms the long set up.
DOGEUSD LONG: We need a clean break above descending trend line along with a daily close above entrance level along with bullish price action to confirm entry. Targets and Invalidation based on daily levels.
NDAF Long: Pull back in process. While buyers sit poised to buy, a push lower to close the gap cannot be ruled out. CALGARY, AB and LONDON, ON, Feb. 16, 2021 /PRNewswire/ - Sundial Growers Inc. ("Sundial") (NASDAQ: SNDL), a Canadian licensed producer of recreational cannabis and Indiva Limited ("Indiva") (TSXV: NDVA) (OTCQX: NDVAF), a leading Canadian producer...
MRNA: Long Continuation based off weekly Fib Trend extentions. After a successful rejection the 146.46 level (golden ratio) bullish price action may continue to 212.28 with a break above exposing 229.75 followed by 255.04. Price in currently in consolidation as evidenced by the 4 hour time frame. Top side resistance will be tested as price remains in a upward...
TLRY - Correction expected. The only question that remains is will the correction become impulsive. Either is possible. Depending on structure we may move up higher only to retest support before trending higher. Idea is backed by company fundamentals and future regulatory limitations being lifted. Ambitious pre-roll targets support futher upside. Expect high...
OGI Long - A succesful 2nd test of entrance (Support) is needed with a close above entry to confirm long position. Fib Extentions layout 3 targets above previous high as likely targets.
ETHUSD hovers around 1800 after creating a new all time high at 18.71. A break above will expose 2052 followed by 2335. Target 3 is set at 2864. Support sits at 1737 followed by major support at 1440. Will a hyperbolic move similar to BTC shape up?
CURLF Long- Target 1 & 2 have been reached. Target 3 is approaching @ 19.59 We began this analysis in September 2020. Current support sits at 16.68. A daily close above needed to confirm Fib Extention Targets.
XLMUSD LONG Continuing Bullish bias. New Entrance, Invalidation and Targets set. A break of Friday's high is needed with a retest confirming resistance has changed to support once buyers push above level. (Note: Pullback is still underway.)
AUDUSD Long. Target set at 0.80490. The break above the previous descending monthy channel continues.. The key area of resistance now turned support @ 0.77394 on a daily close confirms our long set up.
XLMUSD UPDATE: You snooze you lose. Target 1 Hit.
CTRM Long Retrace in progress to .50 and a possible test of 0.618. Bullish price action at or around these key levels will confirm long position to 2.57. A break above sends it higher.
APHA Long: Cannibis stocks descended from swing highs completing retracements and have presented another buying opportunity. While some of the push did come from the Reddit community, fundamentals across the industry point to further gains.
DOGEUSD Long Conditions have not as of yet been met to satisfy conditions needed for long Fib Extention Targets to be validated. A Break above descending trendline along with a daily close above entrance are needed for confirmation.
Cron Long position. After a retrace suprassing 0.618 a retest of support is underway. A close above entry opens up Fib extensions to 17.30 Target. Previous high is current target before a move up.