Worthy to keep an eye on. Bull signs and some speculation
Disclaimer: This is my first published idea so please leave any advice below.
There have been numerous bull signs, volume*, consolidating for ages, kumo twist (small but there), as well as news Callisto airdrop and overall development updates.
Volume has been increasing the last few months. Relative to the last few days it has been decreasing which suggests a move. In addition Bollinger Bands have been tightening suggesting a move.
In addition there looks like a inverse head and shoulders building. I am anticipating a retest of the Satoshi levels of ~ .003. With the market receiving some bear tones I can see a drop down to ~.0025 levels or further then upwards. The 50 EMA (bright green) has not crossed the 200 EMA (bright red) yet. The retest of the ~.0025 levels may also be a bounce on the 200 EMA before it breaks through ~.0030 levels and crosses the 50 EMA.
I have sell orders at ~.0030 and ~.0045 following key fib levels.
Pleas leave comments below. Happy trading.
There have been numerous bull signs, volume*, consolidating for ages, kumo twist (small but there), as well as news Callisto airdrop and overall development updates.
Volume has been increasing the last few months. Relative to the last few days it has been decreasing which suggests a move. In addition Bollinger Bands have been tightening suggesting a move.
In addition there looks like a inverse head and shoulders building. I am anticipating a retest of the Satoshi levels of ~ .003. With the market receiving some bear tones I can see a drop down to ~.0025 levels or further then upwards. The 50 EMA (bright green) has not crossed the 200 EMA (bright red) yet. The retest of the ~.0025 levels may also be a bounce on the 200 EMA before it breaks through ~.0030 levels and crosses the 50 EMA.
I have sell orders at ~.0030 and ~.0045 following key fib levels.
Pleas leave comments below. Happy trading.