I honestly invest a lot a money in this project (weeks ago) and I truly believe in it !
But also do think we're in bearish trend - till next pump which should be around 20 sat.
+ In my opinion it is to early to predict long term expectation...
Like and feel free to comment
- Bullishly diverging RSI
- Volume picking up
- All time low support now
And there is some good news coming up:
- The team behind the Kyber (KNC) protocol recently released its plans for 2019 which includes the major objective of making its protocol capable of operating on all smart contract-enabled blockchains. The announcement displays Kyber’s continued focus...
Quite good fundamental low sats on Binance along with Sia Coin and Pundi X.
Mainframe currently having 10 Billions of total supply and 2.5 Billions on the circulating and ranked as #211 on coinmarketcap.com. Right now the market cap is about $21 mills. Having a quiet good relationship with Ethereum developers and the team seem nice lately. Having an active...
Now I KNOW that many traders don't like "lagging" indicators like the EMA's. I get it. However, for those that DO see significance in the EMA's the 20 EMA has crossed the 50 EMA on the 4hr chart. This USUALLY means that a steep drop is soon to follow. Having said that I will concede that this crossover is a bit more shallow than most and there is at least one...
Trashy meta-theory here. POT long for 4/20. the Marijuana coins have historically experienced a natural rise around stoner-holiday 4/20. A veritable infusion of speculators, nostalgists, and just plain idiots will most likely pump POT, THC, and DOPE leading into the 'high' holidays. I'm picking POT as my longshot mooner because it has little prospect, largely...
Pair created a new swing low on that invalidated the 1st 4H trade setup.
Now the rules of the RSI 80-20 Reversal have been met.
1st Swing Low (SL)- oversold RSI - 2nd new Swing Low - buy stop at high of 1st SL
New 30m Timing Trendline drawn
Entry at 4H Buy Stop
Take Profits will be shown on update
This is zoomed idea which revealed three soldiers formation triple bottom and 7500 level which stopped all attempts to go lower.
Losses were stopped by strong support mentioned in previous Idea, at 7500 which also created irregular head and shoulders pattern or triple bottom. This configuration of signals combined with three soldiers pattern on 4H chart makes...
I marked rounded bottom which was confirmed as the trend reversal formation. This kind of formation is very reliable most of the time. Pair is flirting with psychological level(0.00001000) which is consolidated with GAP from Daily chart.
I think it is wise to wait a little bit to see what market will decide. I’m waiting for more confirmations.
Over the past years, the GDX bounced on the 200 MA pretty hard, and it acted as a strong level of resistance or support. It just happened again. Even if gold was rising in a pretty strong way in the last couple of days, the GDX was still unable to go up. That means the bounce is really strong.
The recent bounce in the oil from 27 to 34 which had 7 points and if we substract 200% from 34 then the targeted zone comes around 20..
As per the chart technically it must move down to below 20 with some counter rallies.