VTCQ is coming off a great day despite the markets getting hammered. It's in a nice consolidation phase and looks ready to breakout. Bar Chart analyst rate it a 60% short term buy. The company just signed a huge distribution deal earlier in the week as well.
After getting stopped out on a weak gartley pattern , I decided to give it one more try with a butterfly pattern that is a bit more solid. I have my buy in at the current market price of .0157000 and OI have my stop just below point X. My limit is placed at the 1.618 extension of the BC leg giving me a roughly 2:1 risk reward ratio. I also have a linear regression...
Imagine you sell into the bottom here before the BitLicense is finally released and GBTC trades at moon prices and the market finally leaves the multi-month downtrend. UPDATE: Here is how close we have to my scenario coming true since I posted it: UPDATE 2, from April 30, 2015. My scenario is starting to become real: Also check out this...
Watching $MJNA For A Bounce Of 0.10. Will Be Going Long Around That Area. Looking For 100% Gains.