Recently Triggers has found the low at $0.48 where it has rejected the middle trendline of the descending channel. The RSI oscillator showed a heavily oversold condition which could result in a corrective wave up. The RSI also broke above the downtrend trendline confirming the potential reversal or correction to the upside.
The support at 227.2% Fibonacci...
I think it is time for a bounce here, followed by a break-out in the coming weeks. Long-term hold here.
Fundamental Analysis includes "Details of newly acquired patent blocksafe acquired will be shared next week by @Blocksafe via $trig Blog blog.blocksafe.network as well as an introduction to the Blocksafe MasterNodes suite. Suite of Masternode software...
SFOR's main product relies on unique company-owned patents which built their GuardedID/MobileTrust encryption software (zero-day protection against key logging). They've also created subsidiary Blocksafe Tech to capitalize on the emerging crypto/blockchain market space. Share supply is high, but there is hope for a buyback with increased revenue. One to watch and...
TRIG is bullish again. It started a good climb in november, but new highs in BTC dumped most alts including this one. Enter now with targets 11.9k and 16.6k (though the midterm targets are higher). You can take the 20 Moving Average in hourly chart as stoploss (it worked perfectly in the last breakout).
$TRIG shows a nice cup n handle in the 1h chart. After a lot of bleed in the btc bull run $trig bounced back and it's looking like a continuation. Fib resistance is at 14842, will be interesting to see if we can break through.
Generally, it's possible that TRIGBTC may bounce from support line and increase for 15-30%, it's a nice short signal. We must carefully look at price and if 1 hour candle closes below the support line we must cancel our buy orders. Put your buy orders at 0.00022 and stop-loss at 0.00020. Also, we can observe double bottom pattern.
