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CND

ascending triangle for cnd/btc, testing resistanceCND/BTC is testing 0.00000088 resistance. This value has been touched multiple times. The more it is tested, higher the chances of breaking it. This coin has a history of big pumps out of nowhere. With big wicks of 60+% in one day. Many alts with low cap behave the same for obvious reason. Although it's a low cap, the project has a decent reputation. For those who haven't heard about it, it's an AI driven app, which predicts the market trends. The fundamentals are bright, but I prefer to look at the technicals mostly. So a breakout with VOLUME of the resistance could initiate a new uptrend. Trading coins with low cap is always riskier, so do your own research before you trade/invest into anything. This post is for educational purpose only, not a financial analyst.
CLong
by darkpiggie
Cindicator Can Jump After New Low (199% Mid-Target)Another altcoin pair that can soon move is called CNDBTC for Cindicator vs Bitcoin... Let's take a look at the chart. Yesterday's candle closed with a long-wick facing up after EMA50 rejected CNDBTC's growth. The chart isn't looking really strong, but other altcoins that had this same chart are already breaking above resistance and moving up. The RSI is above 44 which is good and almost reaching strong (50+). We can notice strong bullish divergence with the MACD and RSI, this is always a strong signal especially if it shows up on both indicators. Our first strong target is marked here at 118%. If you zoom out, you can find more targets with over 199% of potential gains. Prices are now challenging EMA10, if the day closes below this level, make sure to set a stop-loss. If prices move above EMA10... The chances increase for the bull to take full control. Thanks a lot for reading and for your continued support. Namaste.
CLong
by MasterAnanda
2
Cindicator Shows 3940%+ To All-Time High, Bottomed Out Now!Let's start by looking at the long-term chart on the weekly timeframe, see this: From current prices to ATH we have over 3900% potential profits... Now, let's take a closer look. We have multiple interesting signals on the main chart, we are looking at the daily timeframe here, let's get started! First, a strong bullish wave took place from Oct. until Dec. '19, peaking at 111%+. A strong correction followed and prices found support at 78 satoshis... This support level has been holding since the 23-Dec. Volume came to a halt, signaling that the drop lost its momentum. Now we are seeing EMA10 being challenged but still with low volume. Price action If CNDBTC manages to break EMA10 on good volume, then it can start to grow from here (blue arrow). But if instead EMA10 can't be broken, we are likely to see prices moving lower before they move up (red arrows). On a drop, we still remain bullish and expect a very strong bounce/reversal as long as prices remain above 53 satoshis. If the 53 satoshis support is broken, we switch our perspective from bullish to bearish. Thanks a lot for reading. Namaste.
CLong
by MasterAnanda
11
CND/BTC ANALYSISCND/BTC CND has been on a free fall and broken thru all major MAs (50,100,200). I expect a further drop to come into play but not before a relief rally up to the major 200 MA at 95-100 sats. RSI and STOCH are extremely oversold and looking for a small pump to put them back into a neutral zone. The trend is still bearish so I expect a further drop to continue down to my buy in targets of Buy in 1 at 63 sats, and Buy in at 56 sats. I believe sellers will then be exhausted. This is a previous bottom and looks strong for a bounce. If CND does break back ABOVE all major MAs, we can then look for a take profit at 140 sats. Possible Entries: 63 & 56 sats
C
by altchicasignals