This is a chart of $CRM. The bars pattern is of $FTNT. You can do this with $ADBE and a number of other tech stocks as well. You'll probably notice $ADBE is leading, I'm betting $CRM will follow. Both will catch up to $FTNT. The structure is ready, we've been drawing this bull flag forever. We've lost all hope in stocks. Biden flushed everyone out that is scared...
Combination of fractal behavior and 3 years of consolidation is about to send Russia to the moon. Let's aim for that top trend line resistance. I know what the drawing says, but 0.6969 or 0.69420 ETHBTC is about where we should end the run. Next major correction... late July after a DeFi summer. Perhaps a sell the news event when EIP1559 comes out? Maybe the...
Good reclaim of important monthly level, I'd prefer to see a nice retrace back to 57s but the opportunity cost may outweigh the better entry. We're entering peak euphoria ranges from the internet bubble... if we escape this range, north of $82 the fun really starts. All time highs are a mere 40% away, with 50%+ upside from there. Take profit levels marked using...
If a car is a meme, and the gas is $DOGE, then the highway is Adobe. Create memes of meme coins, but first, load up on some $ADBE. You should invest in the tools you use. The bars pattern here is from $FTNT... they're all in the same tech basket. $FTNT is leading, $ADBE $CRM and others are following.
CVS really likes testing this rising, upper trend line. It's reversed every time it has crossed it, but it keeps coming back for more. We seem to be heading back now, as an inverse head and shoulders appears to be forming, and it's on the verge of breaking out of it's local trend line, while starting to curve upwards. MACD supports a reversal here. RSI supports...
Using a combination of the fib extension from the beginning of the 2017 bull run, and price action, I'm expecting a blow off top starting at 50k through around 60k, ending with a bullish retrace to 20-22k before the next leg up. This local top should end right around the 3.618 fib extension from 2017. Also, this area ends a measured move of 311% which would match...
This is not financial advice. This barely constitutes TA. If this works out exactly, I'd honestly be surprised. Looks cool though, doesn't it? Cheap coin, might be worth a gamble. If I could bet on them getting hacked again, I would do that instead.
NASDAQ:TSLA First, let's start with a little context. Elon called his shot in 2015, $700 billion by 2025. He's currently 4+ years in and way ahead of schedule ($36.5 billion). I'm not going to bet against a billionaire. Tesla needs 50% YOY increase in revenue and he's maintaining 60% YOY. Obviously there are other factors at play, but that is a positive...
NASDAQ:CRON Illinois recently made huge progress by being the first to legalize marijuana through state legislation. I think this is going to be the turning point for legalization across the United States, and potentially even federal legalization sometime in the next couple years. The whole gay marriage thing did something similar a few years back, and I think...
NASDAQ:AMD AMD has been an awesome play for the last year or so. I've been playing with it since $10, and managed to duck out before the last major correction based on the same logic applied to this chart, and basic trend analysis. If we take a look back at 1997-2001 and 2003-2006, you'll see a nearly identical price structure forming. This would be the third...
NASDAQ:TLRY $TLRY went through a rough year. The greed/fear cycle played itself out, and here we are... back where we started. $34 is a major support, and we just double tapped it and started an upward trajectory. Based on the volume profile of the stock, I think we're headed back towards an equilibrium, right around the mid 70s. We'll consolidate at 50 for a...
COINBASE:BTCUSD BTCUSD is currently in a 4+ year uptrend when looking at the log chart. Apart from the 2017 crash cycle, it has remained in it's trend channel. In fact, the crash cycle bottomed out on the low end of the trend channel when it completed at the end of 2018. It would be foolish to pinpoint a long term estimate, but it is clear that BTCUSD is...