ETFMG Alternative Harvest ETF MJ tracks the Prime Alternative Harvest Index, designed to measure the performance of companies within the cannabis ecosystem. The MJ Alternative Harvest ETF (MJ) has been rallying lately in relation to news on federal legalization and the SAFE Banking Act. On August 30, 2023, the U.S. Department of Health and Human Services (HHS)...
ETFMG Alternative Harvest ETF We have been tracking the MJ ETF for many years now. Club members want to know when the price action turn around will happen as cannabis industries continue to boom in the US while congress seems to be stuck in the mud regarding the legislation needed to move forward with a legal federal charter. 100s of billions of dollars worth...
Bitcoin zoom out 2-16-2023 We take at a weekly support / resistance chart and observer clear overhead resistance at 30k. Support held at 15k and 19k (previous ATH) New range 20 - 30k mean at 25k Good luck out there and stay staxxy!
All eyes on the SPX as we see if it can finally break out of this nasty descending channel. The SPX price action has only tested the bottom of the Bollinger Bands since January 2022 and remains in a bearish trend until it can break out and reclaim 4500. Current range 4k - 3.5k Making lower highs and lower lows Neutral/bearish short term
Bitcoin Monthly RSI Flipping Green for the firs time since 2019 Might be time to start paying attention. Have we seen the ultimate low? Maybe not, but we have evidence 15k was very close and did hold. Next leg up 20k and then ultimate trend change support resistance flip at 30k. Good luck and stayy staxxy!
Bitcoin low is down 67% on the year and 77% from all time highs. Yearly support at 13k Its been a brutal few years in all markets. We posted up the bitcoin halving date approx March 2024, and hopefully a mark of better times ahead. Good luck to all in 2023 and stay staxxy!
Bitcoin next Halving March 2024 Short term neutral/bearish Long term, well you know its bitcoin and we are going to 1 million USD + Bitcoin cleared trend line resistance and then also retested it from that standpoint we are bullish on bitcoin clearing some over head resistance, there can only be so much selling before it becomes unprofitable to do so......
Anticipating 40k holding, we make a model with a possible W for WIN. Bitcoin breaks out of this downward channel and makes support on neckline 44k to validate. Current range 45k to 41k Invalidation if 40k fails to hold. Removed indicators
Bitcoin with GANN lines - showing possible support resistance from March 2021 low to April 64k top. 3/1 support broken with latest sell off but could be tested for S/R flip / reclaim very soon.
Choose your own adventure bitcoin After sharp rejection and rekt town, bitcoin enters another area of support / resistance interest. So whats it going to be this time? We are still long biased considering the 40k level was support for some time and the current levels could end up a deviation on higher time frames. If another rejection, the 29-30k area also...
Anticipating 40k holding, we make a model with a possible W for WIN. Bitcoin breaks out of this downward channel and makes support on neckline 44k to validate. Current range 45k to 41k Invalidation if 40k fails to hold.
ETH ETHE Grayscale Ethereum Trust Weekly Long idea with time for dollar cost averaging in to the buy zone on ETHE. looking at FIBO retrace levels to hold on ETH at 3k - would translate to support at $22 for ETHE and a possible long term positive buying opportunity. as always with caution and good luck! please like and comment
whats the fun in using TV if we dont take some risk when things look bad. If 40k fails to hold we are going cave diving, however. 1. 41k is FIBO support - aka .618 golden ratio support from 29k run 2. We are now 6 weeks in to a consolidation period at these levels - last consolidation ~ 10 weeks - we do not think the chopsolidation is over but it might be time...
Bitcoin weekly Watching .618 retrace support @ 40k bounce zone 40-44k acted as strong support, but only touch and go - no confirmation / test. Weekly downtrend indicated further consolidation needed at this level for resolution. Current resistance 50-54k Weekly squeeze momentum indicating additional downside / consolidation period possible next several weeks...
Looking at the trend change in the crypto market cap totals. Clearly dropped out of channel and is now testing mean kf larger trend channel. Weekly Squeeze momentum indicator signaling additional downside / consolidation may be possible in coming weeks. Watching confirmation of support / resistance flip of channle mean line around 2.4 T
If retrace watch for support levels around 3k - .618 retrace level support weekly sqz mo indicating further consolidation / downside possible money flow neutral stoch RSI downward trend mid-short term neutral/bearish - long term bullish