ETH currently has huge bear volume and is the most oversold on the shorter term time frames I have ever seen. Looking for a morning bottom to be set shortly with an easy $50+ bounce. Still scaling in very slowly and patient as there are no BTC bounce signs yet. This is maximum fear to push the price to extreme levels, unlike anything those newer to the space have...
Buy on Break of 460 with increasing BULL Volume.. john McAfee is promoting this coin which carries bullish sentiment.. :) We have a nice tightening range here about to break.. Buy on BULL Break .. this coin has a long way to go before its ATH..But if we break Sell Zone A there is little resistance until we hit Sell Zone B Happy Trading :)
Bitcoin coming into a rally zone. money flow index reached oversold with a retest and stochastics following a similar trend. Wait for positive heikin ashi candle with a cross of stochastics under the oversold line. BTC:1Erm4VB2v3JRDjnstaL7xnauSvomMDkvQu LTC:LhkMKHtEQ7SJnEFntoUBhG17oXdwmdHysV ETH: 0x8026962e8CC6B4A6b32E481A02B04C139D5c81Bb
Although it does not fit the exact definition, this pattern on the hourly is close to the descending triangle. We have a base of support at $56 after multiple holds of this level, with lower highs of bounces each time. Bulls have to break the lower highs to shift momentum in their favor, and a break of $56 should see stop losses trigger. Weakest of the big 3 the...
The consolidation since early august continues. BITSTAMP:BTCUSD Only a move below the rising green trend-line around $545 would indicate that something is wrong with the bull thesis. But as long as Bitcoin is holding above its 50MA ($592) and especially above its 200EMA ($553) a rally towards the next resistance level around $635 should be just a question of...