Priceline of NEO / US Dollar has formed a bullish butterfly and almost entered in potential reversal zone.
RSI has already visited oversold.
MACD is strong bullish.
Stochastic has given bull cross.
I have defined the targets using Fibonacci sequence.
Buy between: 8.59 to 7.13
Sell between: 9.73 to 12.48
Atif Akbar (moon333)
Priceline of Vertcoin / Bitcoin cryptocurrency has formed a bullish butterfly and entered in potential reversal zone.
RSI is oversold.
MACD is turning bullish.
From here the price action will take bullish divergence soon insha Allah.
I have used Fibonacci sequence to set the targets:
Buy between: 0.00002087 to 0.00000001 (But the price action cannot go more down...
One of the most useful relationships I've found is between altcoins like BITFINEX:XRPUSD and Bitcoin Dominance CRYPTOCAP:BTC.D
This is just a comparison of XRP/USD vs. BTC Dominance, but you can see this inverse correlation play out across the vast majority of heavily traded altcoins.
And if you set your alts vs. btc instead of alts vs. USD, the correlation...
Around 2 months ago, WAX on Bittrex made an extremely strong move off yearly lows on the back of some very strong fundamental news, only to retrace almost fully back to the yearly support, showing strength at the current level.
Crypto Eye Trade Analysis
- Bullish RSI Structure
- HTF Higher Low
- SQZ Bullish Cross on HTF/LTF
- Showing Strength at...