RSI could break the downtrend line here like it did on July 25th for a 16% pump that lasted several hours. Watch for a 1H candle close above the downtrend line and a break of the ascending triangle pattern to the upside.
NFA / DYOR
NFA / DYOR
Comment:
Also, we are getting some strong signals from the Hash Ribbons... it's beginning to produce darker green circles - an indication of bullish momentum:
Comment:
The red gap as measured by the difference b/w the "grey" number of 111,813,004 and the red number 97,519,897 gives us the delta we need to overcome before a "blue" hash ribbons buy circle occurs. The delta b/w these two numbers has been getting smaller every day which means we should see a blue circle appear in about 2 weeks or less. Price can absolutely rise on the way to the blue buy circle as well.