wyttsndrs
The relief rally has lasted about a week and has neared its end There's no new highs and no more recovery from here it will likely continue declining further The larger downtrend can be better seen on the weekly and monthly charts.
You can see BBLG was very volatile at $100 It since dropped to its now lows around $4 It has traded at this level for a LONGGG time forming a long base. You know how you see stocks that went up 200% in a day and previously they were nearly flat before going vertical? This may be one of those stocks. Recently there was a huge jump in buying volume of 72 Million,...
I don't even like BYND meat but supposedly bears are piling onto the stock, and so I looked The chart looks poised for a reversal higher on both the daily, weekly, and monthly charts. If they got it to break to new lows I could see it going lower but right now it looks like it should go higher, which would kill all the bears.
You can see GOOG has failed to make new highs and is now falling towards its moving averages
Like other FANG stocks and similar with Bitcoin Amazon has begun a weekly downtrend
Look at this chart You can see TSLA is at near all time highs, but has failed to make new highs recently. MACD has crossed Elon recently made excuses for selling Billions in stock for "taxes" but really he just new the rally was over
Zillow has been selling out of the homes it bought Blackrock is being quiet about the purchases it made. The stock market and housing prices are higher than they were before the 2008 financial crisis. The Fed has said there will be 4 rate hikes this year Evergrande is trying to prevent a second default Jamie Dimon has said there will be "volatility this...
PERP has been low for a while and moving contrary to Bitcoin If it is able to cut new highs it could make a trend higher to its moving averages
ICP has been down in the gutters for a LONGGG time It's been showing some volatility lately and has been moving contrary to bitcoin in an upward trend Looking on the daily chart it is hard to identify the trend but when looking at the the weekly chart you can see it.
You can see that GODS has been on a down trend for weeks where the trend is terminated with a green doji candle This may indicate a reversal and a retracement higher
I like storj a lot but it appears to be following Bitcoins longer trend down I believe storj will continue to drop to $1 and below where it may then become a longer term buy
This Crypto has a really interesting 1 week and 1 month trend I was interested in it at $1.7 and it has dropped another 15% in the last 24 hours About 8 months ago this was 3x what it is now at $4 The volatility in the last 4 days has seen it jump $1.4 to $2 where it then fell back to the daily moving averages at $1.45 The bulls could violently buy and push it...
POWR has recently broken out from its lows in a violent uptrend It sold off but kept its upward slope A good entry would be about $0.55 this could go as high as $1.00 just based on the chart in the next week or two This appears to be loosely correlated or inverse correlated with Bitcoin Pay attention to bitcoin when trading this
I called the low before you can see that linked below BICO rallied about 100% to $6 but it then dropped again to $3 This may be a good opportunity to buy again.
This may continue to drop for a week or two before showing upside. I don't see any correlation with any other coins yet and it may be loosely following the crypto market downward.
There will likely be a relief rally for bitcoin it has fallen for 7 days, with a brief pause and several days of selling before that Bitcoin is now below its moving averages and it may have a relief rally before then again dropping after that It may return to about $48000 then returning to $41000-
Bitcoin and everything else are all red. What's the only thing green and breaking out? UMA It appears to have just broken out and is at a very low spot in its history.