REQ is chopping around in what appears to be an accumulation zone between the .618 fib and the .886 fib. Could be a lagging trade opportunity if it follows the path of its peers.
Moving average guide (All daily for this post):
50 day moving average in Green.
100 day moving average in Yellow.
200 day moving average in Red.
-This is not financial advice....
Something I noticed on the Bitcoin 0.56% 0.69% weekly chart is that before the second and third bull run, while the price was under the SMMA ( Smoothed Moving Average ) and the RSI was oversold (under 40 in this case), it would have been a good idea to accumulate Bitcoin 0.56% 0.69% .
Is this a reliable indicator for future buying opportunities? What are...
Cardano is still relatively dependent on bitcoins next major move. Regardless behind the scenes Emurgo hires a Chief Marketing Officer Florian Bohnert Forbes 30 Under 30. Also a recent Indonesian supply chain venture has been created with around 700 stores that will use ada in the future. Lots of room to grow with upgrades before the next giant wave of people...
Follow this project intimately. Working release, growing team. innovative, nxt 2.0 platform with unique child chain technology. very active dev, great community. One of the best long term platform coins in the market. Fill your bags if it drops below 3k, could see all the way down to 2650, but its risky. A new ICO on the platform begins early June (triffic) and...
It looks like we're going to have a Head & Shoulders weekend in Litecoin. As usual, we've seen some solid dips and bounces over the past week, and if traded right, some nice profits have been made. Today I'm using the 1 hr chart to show the pattern formation. This one's kind of crazy, because it could go one way or the other.
Last weekend, we saw a solid dip...
In these bearish times, NEO has weathered the FUD storm with exceptional grace, stability and even prosperity.
2-month old articles being re-posted by traditional financial institutions and journalists who want nothing more than to see Cryptocurrency collapse - Fear mongering and overreactions to misinterpreted information has seen BTC sharply decline over the...
3 demand zones to start going long. We will drop down to lower 1hr charts for the exact entry and use the low point of the demand zone as the stop loss. Will update trade(s) as they happen.
SALT is in a bullish trend and a great crypto for your medium and long term portfolio. Accumulate on pullbacks and this is a great opportunity to trade for short tern or just HODL.
Here's what I see:
- Nice pull back to key fib level
- Bullish divergence
- Double bottom pattern
- Upward trend
- MACD turning up
Only enter with a break above resistance (green)...
Ongoing Pharma/Drug Stance from Trump may force Indian Pharma Space into a short term downtrend, Aurobindo's foothold is strong in Europe than US, they plan to expand more in Europe than US. if available within Accumulation range, one should buy and hold for medium to long term!!
