Agrello (Delta) has a history of fast movements, usually making 80-100% movements in less than a day once the sky becomes clear.
After a loooooong downtrend from it's all-time high, the coin appears to have finished retracing from it's March 11 100%-gain inside bar breakout and broken bullish above it's downtrend resistance.
Word of warning:
BTC looks to be completing a large bearflag pattern with target of near $6000. Should this materialise with a break to the downside, expect a harsh sell off of DLTBTC as people dump for BTC so they can dump to FIAT.
After a loooooong downtrend from it's all-time high, the coin appears to have finished retracing from it's March 11 100%-gain inside bar breakout and broken bullish above it's downtrend resistance.
- As I write this it is testing that previous resistence to see how it might function now as support.
- The MACD shows a bullish cross about to happen on the 1hr chart (well underway on smaller timespans)
- RSI shows a return to strength after very oversold conditions.
Word of warning:
BTC looks to be completing a large bearflag pattern with target of near $6000. Should this materialise with a break to the downside, expect a harsh sell off of DLTBTC as people dump for BTC so they can dump to FIAT.