Spent some time looking for different period cycles inside GVT life. I find it really interesting and what is even more important - it provides an idea of future. Combining several cycles may provide information on what to expect, when each stage of growth and decay will start and finish, where will be the top, bottom and etc. What I see is that we have 1 of 2...
Head and sholders + lower volume + keeping in the same downtrend channel . The last stand here is at 42000 support level . If it brakes down I do not see any way DGD -10.71% will resume its global uptrend. Unless bitcoin 0.84% won't break through 11800 resistence and will go down. In this case traditionally DGD -10.71% has a tendency to go up. Strange but true =)
Jump in! NULS is starting an uptrend. Everything shouting. 1. Broke downtrend line 2. Broke simetric triangle 3. Continued uptrend channel (bounced from its bottom line) 4. CCI good 5. Can't show it on a main screen but the RSI also looks good although showing oversold soon 33900 has a serious resistance zone. Hopefully NULS will go over it and fly towards next...
I can see several signs of uptrend forming. RSI is rising. MACD already made a cross and is rising too. And finally we have a 382 fibonacci level that very clearly plays support/resistance zone. And now it is overjumped and should become a support allowing VTC to get going. Also the 77MA wave is growing and soon the price will jump on it as on a surf board. If the...
Although Waves has a good potential in long term, nearest future isn't that shiny. I would say ~70900 is the highest it will get before drawing that may be even months. Definite sell.
I don't like the overall picture but I can't resist the fact that the third wave is coming. The constraction site is already there and geting ready to light up the first small rocket. I still can't be sure if it will go to the moon or get stuck at 48000-55000 (if the top wave was 4 month ago) and than be gone in a long long devastation down to 14000. We will see soon.
It has been a while since STRAT showed any positive signs. Now that it has found some good support (triple bottom) as well as bounced twice of the major uptrend line, I can see a possibility for a long uptrend to form. It just needs a little bit more interest. While the volume for buying was pretty good today on a 1 day screen it aren’t so impressive. In any...
Lots of positive news around LTC now. No doubts in coming weeks it will continue its uptrend but for now it is making a pause and may fall up to 0.0220. After that fly to the moon will resume.
Oh my god... OMG is playing on my nerves again =) Maybe now it has a chance to rise if it gets through 0.00167 to the main 0.00180 resistance zone (which stays on the same level with fibbonachi 0.5) and I expect OMG to be testing it once again very soon (keep in mind I'm looking at 1 day TF). Meanwhile on a smaller TF it is still struggling with 0.00160 and doing...
I will be keeping my eyes on Monera as I can see a good opportunity to come. If it brakes the resistence at 0.0300 (which is also fib 0.786 level) and pass by 0.0305 it will be a good position to buy (if the potential remains). Even safer would be buying after the return bounce from 0.0325 and 0.0305 levels but I think it will be easily beaten as holders should...
Today is a big day for Bitcoin and all crypto community. As you can see the volume of trades is way above usual and nearly the same as during all major moves done in the past. At the same time Dow Jones, S&P and gas/oil futures are heavily falling so we have a perfect situation where quite a lot of BIG money are looking for a new investment area. Surely nothing is...