Altcoin Market Cap overdue for a break of the 12 week EMA resistance. A break of this EMA would likely lead to a rejection off of the 26-week instead. This bulltrap would be in line with the historical market cycle of executing a bull trap before eventual capitulation.
So here we have a text book eve and eve double bottom. There are some rules that need to apply for it to be accurate.
Price Bottom should be within 2-5% of each other (almost 2% for AMB)
Price Bottoms should concur withing 2-6 weeks of each other (4 weeks for AMB)
This eve and eve hasnt been confirmed because we need the price to break out and retest...
Alright coinites, its ya boi coiniticus coming at you with a alt coin chart. Today we got $QSP.
This coin fundamentally is extremely sound. I played a bit with this coin back in 2017. Essentially QSP is the IRS of the blockchain. They are provided coin supplies and essentially audit the transactions and make sure the supply is actually correct. Then they...