-Cindicator is dropping hard during Bitcoin sell-off
-Almost all coins will suffer the same faith as Bitcoin's action
-CND is about to test the 1st key area of support around 92 sat
-If we can see a Bullish rejection within this zone
-This could signal a new support territory in the short term
-But if this region also fails, the next stop is at...
Buy 1, buy 2 and moon signal say we can buy. Here is my analysis:
1. We can buy when risk/reward ratio is less than 2, so we should not buy now.
2. We can buy at support = 42satoshi or at the uptrend line
3.If the chart goes below the McGinley dynamic line and risk to reward ratio greater then 2, we can buy.
4. We can buy when resistance turns to support (1D open...
xchange : Binance
Buy Zone: 0.00000098 ~ 0.00000092
Target Point: 0.00000102/ 0.00000107/ 0.00000112/ 0.00000117/ 0.00000122/ 0.00000132/ 0.00000142
If you`re risktaker, you`ll like it
It`s making a symmertical triangle
Movements of the chart and RSI are similar
There is a same...
Exchange : Binance
Buy Zone: 0.00000086 ~ 0.0000008
Target Point: 0.00000088/ 0.00000093/ 0.00000098/ 0.00000103/ 0.00000107/ 0.00000113/ 0.00000117
It couldn`t break up the neckline of cup-cup handle and go down one more time
Now, it`s gathering more power to break up the neckline
Here is some of my stalking list of coins and my short term view, opportunities that I'm stalking.
CND.BTC as per the chart above > 8 HRLY chart
XLM.BTC > 8 or Daily chart
CND/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...
Buying in the area 0.00000082 - 0.00000063
1 - 0.00000098
2 - 0.00000127
3 - 0.00000153
4 - 0.00000186
5 - 0.00000241
Breakout of 0.00000056, the price may fall below
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Waiting for your comment, what do you think about this?
-broke long term trendline support
-previous support acting as a new resistance line
-there is a bullish RSI divergence on the daily chart
-has potential to retest previous low and form a double bottom
-if the downward trendline is broken, upside target is up to 76 sats
-must hold break previous low at 48 sats otherwise, it will drop deeper
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...