RickSmash

RickSmash Updated 

They were left out of the deal with Aphria, lost a CEO last year who was hired particularly to find a merger/acquisition, they have been continuing layoffs, lost billions of dollars last year, keep diluting the stock, and they are running a large multinational organization (complicated). The best hope for ACB is that it has hit rock bottom as a company and will...

RickSmash Updated 

I actually think this is one of the best long term plays in altcoins right now, but theres plenty of time to wait and see what this thing is going to do. If it finds support on those lines, maybe it can keep pumping but I don't see a reason to buy in at this second. That could change by tomorrow. I'm actually not seeing much technical strength anywhere in...

RickSmash Updated 

NIO has basically had a full year bull run. Most people predicted $60 by the end of 2020, and that happened. It still has not seen a major correction in 12 months. Notice the previous and current touches on the 100 day EMA. Longer term EMA's are more significant than short term EMA's. I see a decently long selloff here. Not going to get excited about NIO until...

RickSmash

All I'm sayin is that it looks hopeful to have bottomed. One could plead the case of bullish divergence. With legalization in the cards this year, maybe this is a dark horse but it's too soon to tell. I love to draw predictions but I don't really have a lot to work with here. This is one of my long term holds.

RickSmash

In a crazy world of investing in stocks with PE around 1000, or even nonexistent dividends, I certainly love me a good ole gas transportation company with PE in single digits. I know, I know, green new deal yada yada. Well Keystone XL pipeline permit pulled could possibly mean more business for GPP. They have been recovering consistently since the covid crash, and...

RickSmash Updated 

EVIO is an independent 3rd party lab testing company that specializes in marijuana/hemp/cbd analysis. I randomly scanned the QR code on a CBD preroll yesterday and noticed the PDF test results were produced by EVIO. I have been holding EVIO since 2016 or 2017 after extensive research, and I was surprised when I saw the aforementioned PDF. They have signed an...

RickSmash Updated 

I mean, come on. Ok, back to work

RickSmash

I have analyzed the entire history of bitcoin price and I can say with certainty we are experiencing a 2x faster cycle than the one we had in 2017. This will end with a blowoff top in May followed by a 2-3 month bear market. I've analyzed 100 years of NASDAQ and DJIA charts, and compared them to every tiny mini cycle bitcoin has had, as well as the long term...

RickSmash

I have studied the hell out of this, and I can say for certain we are about to experience a wild bull run and then a blowoff top. This is the final stage of a 12.5 year cycle. This exact cycle took place from 1974 - 2000. The Nasdaq from 1974-2021 looks identical to Bitcoin from 2015-2021. In 2015 the charts obviously did not look the same at all. Bitcoin has...

RickSmash

This is another crypto that I think has some legs on it. $4 B mkt cap is not large, but not small. I could see it near $1000 in the foreseeable future. This projection is based on some patterns I've been noticing in a lot of charts, so I really want to see if it plays out that way as part of my chart studies. There's nothing technical in the chart that gives...

RickSmash Updated 

In my opinion I think anybody could have foreseen the Cardano run it's had the last few months. This was too easy of a pick to get emotionally attached to. You made some profits, now lock them in. A lot of people bought this for the clout and have no idea what it is used for besides profit taking (currently its best feature, so use it). The protocol...

RickSmash Updated 

huge runs get corrections. .618 correction likely swapping into BTC is likely a good choice for a few weeks

RickSmash

I'm going to have to take some serious time explaining how I came to this conclusion, and it's going to take a real chart nerd to actually want to hear me out on it. Long story short, I have examined the bubble pattern which the Bitcoin chart has repeated roughly 6 or 7 times at a minimum. I've come to the conclusion that this current move is the first peak of a...

RickSmash

please watch my linked video below in RELATED IDEAS for a detailed description I think this is a big deal.

RickSmash

TA takes constant adjustment. I think ALL of crypto is setting up for a humongous run in two - three weeks.

09:13

RickSmash

Just watch the video, trust me. Get your positions.

08:55

RickSmash

I still believe Ethereum will correct sharply for a few weeks but I reconfigured my drawings and adjusted my correction estimate. I have a potential top at $2200 Then I have decent support/ potential bottom in the high $1400's I now have $1280 as a potential bottom instead of $850-900 I admit it's possible I'm not bullish enough but 3-5 week price...

11:43

RickSmash

RSI Bearish divergence, Declining volume, Ascending wedge, Psychological resistance at 2k, Well beyond ATH, XABCD pattern, Potential cup and handle, 400% Fib Extension. I can't wrap my head around a short term bull argument right now.