Inverse head and shoulder pattern spotted for DGBUSD.
Buy at the end of this month on 05/29..
Sell around .73 (.70 to be safe)
will it double up in a week????
I have compared Bitcoin with 3 major Marijuana/Hemp stocks. Bitcoin seems to be paving the way for the MJ industry by about a week to 2 weeks. Will this pattern hold up and will this be a good indicator in the future?
(Bitcoin is the black line)
I have compared the growth of Hemp Inc. with 14 other marijuana companies and they are spot on. It will be interesting to see what this year has to offer for the MJ industry.
I believe I have found a connection between Bitcoin and the MJ industry. When comparing BTC to APH I have found stunningly similar trends but Bitcoin seems top make the first move by almost a month. I have placed alphabetical reference points to show the comparison.
Since BTC seems to be ahead of APH by a month, I went ahead and placed the next trend...
Classic inverse Head & Shoulder pattern spotted for some potential swing trades and Bullish breakout?
Buy @ .0625 (or in this case now @ .056)
Sell @.0775
Buy @.0625
Then bullish breakout confirmed past .08!
Major support @ .83
Buy @.83 and hold until 1.12 for a +30% gain or risk +40% loss through bearish breakthrough?
I believe we will break through our target price of 1.12 and reach the most recent ATH within the next few months.
- Buy in at the end of this month/Beginning with a target price of .044-.045
- Wait for next spike from .044 and sell at target price of .1
- Expect a pullback and buy in again at the end of June with a target price of .056
If my predictions are right, We will want to buy around .215-.22 near the end of this month (If it goes under .20, then expect bearish confirmation below .18). when it hits.5 around May 15th sell, for this could happen days before or after so watch for .50. We can then expect a slight pullback 10-15 days later or the end of May with a target price around .32...
