The technicals of this chart are amazing; one of the best set ups I've seen in this entire space, and this coin has great fundamentals making it a very profitable time to enter. There is a hidden bullish divergence indicated by the stochastic indicator which gives me confidence that this support at 15400 level is very strong. The momentum indicator indicates a breakout from this humongous descending wedge around 12/14/2017, once we breakout of this wedge we will see a dramatic increase in price and volume. The risk reward ratio is very good, I highly recommend a long entry at these levels.
Comment
⋅
The pump happened and it was around 50k at the peak forgot to update this. 3.3x I gave you a free 3.3x trade. ^_^
Comment
⋅
interesting to note that the pump touched the .5 fib.
Getting close to crunch time - fingers crossed once Bitcoin settles this fires up.