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BTC vs TLRY Market Cycle - Chart Update

A cleaner and clearer version of the linked idea.

Nota

Looks like we'll get a wick of that low on a weekly close, unless markets dump. Things are looking good for a rally. The red vertical is earnings, something to keep in mind. I don't think there will be any massive surprises in this sector. Still on track but remember, it rhymes but may not repeat. This could be bottom but right now I wouldn't ape in. That's $10 business. I've got end of April calls and end of May puts that I'm eyeing.

Nota

Looks like pump to $20 is locked in

Doing some research found that the dotcom bubble had the exact same structure, ETH did too but that went a little deeper.

Nota

Moving nicely, puts paid well. Blue is line is invalidation for now, orange likely paths and red is the "Oh shit it's happening quicker" line.

Nota

The fact that the last weeks candle closed above support makes me quite bullish short term for a pump. I'd much prefer to see it go lower (means less people still in) but we may not get that now. Feeling 50/50, need to check again if we reach a 2b of a high.

Nota

Followed the red path this week, might get that opportunity soon across weed stocks. Probably earnings or start of June

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I want people to be aware of what I alluded to with the ETH/LTC versions.

Nota

Been an interesting few weeks. Hard to tell what's going to happen here but I do believe we get a counterwave off the AVWAP fom top. Need to see TLRY hold $19 to confirm an uptrend imo.

Nota

Hope y'all still paying attention

Skillgannon

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TLRY taking the BTCUSD path

oleh Skillgannon

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Skillgannon

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Penerbitan berkaitan

TLRY taking the BTCUSD path

oleh Skillgannon