graham.edwards84

graham.edwards84 Updated 

The breakout looked good but is now failing so I would be cautious to get back in as during the consolidation period of a stock or coin the swings can get wild. I'm a buyer at a break above the green trend line on strong volume or if we get a significant drop back to the 8 - 900 range then yes I would be back in for the rebound play but where it is right now......

graham.edwards84

Getting closer to the 400 dollar mark when I would expect a correction back down as indicated probably to the 200 MA here. Then higher again after that to potentially $500 520 area. Of course this all depends now on BTC continuing on an upward trend as a fall by the coin king will have some widespread concerns. I still think there is some upside left to BTC and...

graham.edwards84

Beleave Cannabis... is it going higher? You better Beleave it! Lol... Target 3.20 range but potentially a bit higher... That's the three Cannabis stocks for today in the mid priced range. I have been trading some in the 10 to 20 cent range with fantastic profitability but these are safer plays. The smaller ones are still waiting on their licences from Health...

graham.edwards84

Here's a second Canadian Cannabis stock posting for today and I will give you guys one more. These smaller companies are ripe for take overs by the big boys. They have all begun to rally to make the second significant wave higher. If you want to see how these stocks are rallying check out the leaders of the pack ACBFF and TWMJF.

graham.edwards84

If any of you have been following my calls on Canadian Cannabis stocks you will have made considerable gains on ACBFF, APHQF and TWMJF. So I thought I would post a few more that are set to rally over the next weeks. This one is Maple Leaf Green World. You can see the bullish break higher of the 50 MA crossing the 200 MA. The upside target for this stock is around...

graham.edwards84

Showing retest and top then a second retest before continuing the bull run. Just an idea, this is not a prediction.

graham.edwards84

Pretty self explanatory. It will be interesting to see the consolidation and my feeling is that it will be mostly sideways. So my trading plan will be adding in stages as retracement targets are met.

graham.edwards84

OMG has been making some bullish crossovers (50 MA crossing up through the 200 MA) and has worked up to the 4 hour chart. If it can maintain this vector and with good momentum it has much higher to go. The consolidation wave count looks to be completed which is another great indicator too. My target would be over $20 on this coin if it breaks to a new high and...

graham.edwards84

ETH is looking very bullish and should hit 420 very soon. After that it will continue to make new highs in my opinion to 1200-1500 range. Of the three largest cap coins this one by far is the safest play with the most intermediate term upside (in my opinion.)

graham.edwards84

This three hour chart shows what is required for a continuation upwards. The price point must stay above the 50 MA (ex shadow tails). For a bullish break it must move above the green trend lines solid or hashed (at least one of them but preferably both. Some indicated buy areas in red circles and selling points in green circles... This idea is based on the...

graham.edwards84

Here are some long ideas for the 45 minute chart.

graham.edwards84 Updated 

BCH staged a remarkable turnaround off of the 875 support area which we kind of thought it might considering it has a long time association with this mark. It has now completed thee second wave of a three wave series and so should be safe (in my opinion) to long until 1575 area where I will take money off the table to see what the corrective looks like before a re entry.

graham.edwards84

BTC failed to find support at the 200 MA on the 10 minute chart (pink arrow). Now on the 20 minute chart and it looks to be failing support here. Bears seem to have more control now. We will switch to the 30 Minute chart and see if the 200 will hold BTC from a steepening failure as you can see by the vectors.

graham.edwards84

ETH has been slowly completing a flag formation and is right at the top of the formation on a small wave cycle but does not yet look to have the impulse needed to break clear. I think it might move lower here and take another try but we will be watching closely.

graham.edwards84

Here's another good long play that is moving in a nice trend higher with continued bullish crossovers (50 MA up through the 200 MA). Seems like many of the ALT coins are responding now.

graham.edwards84

I've been trading with ETH as a base lately rather than BTC and this coin caught my eye yesterday, called GAS... Looks like it has some room to run so I thought I would share with everyone.

graham.edwards84 Updated 

On the 2 Hour chart we can see good support here and an opportunity for a good rally up to the 1400 area. Still too soon to stage a reversal in my opinion but a better chance will be on the 900 line as this is the previous wave high point last August. So either way the volatility creates some good plays, potentially 300 - 400. Lets see if the buyers will return...

graham.edwards84

And then Here is ETH the second largest still by market cap and it has been acting quietly bullish but with some nice breaks to attract more buyers. It's tough to super bullish on the bitcoin family right now when cousin Etherium has largely been waiting for an opportunity to run and I think traders are starting to notice the bullish action.