Pair : #FUN / #BTC
RSI : 48
Note : Fun is still in a downtrend channel which is formed since April and tried to make a reversal move when most of the alt coins showed a good reversal move in mid May. For now it is still not confirmed to be in a bullish trend but if it can hold that area of the 50% fib level we might see a good pump by...
And only with micros for this time, just for educational purpose :) I didn't set order yet, will see how it will open on Monday.
On small scale, pair was rejected at 0.382 and is heading south. It broke 0.236 arc level, which could be good entry point. SL at 80 pips away should give it enough room to breath, if it won't just flush. Profit taking should be at next...
If it passes over the POC, WTCBTC should at least hit 0.02 satoshis. All it needs is buy volume to bring it up; considering the reason for its drop compared to its project, I am bullish but I have set a stop loss at 0.0017.
The ascending speed resistance fan line along with the Fibonacci arc intersect with the 23.60% Fibonacci retracement line, and $btc made a nice pullback if you can see the wick under all the stupid lines I put on the chart.
It is possible that the falling wedge is going to break out soon, since the OBV Shadow indicator along with volume show huge sell volume...
NNA has solid fundamentals, but obviously that's not enough these days to mean much in short term trading.
Dailys are showing solid bull set up with the indicators. Hourly indicators are a bit mixed.
Daily Fib-arc, Bullish Gartley, pitchfork, and pitchfan are showing gradual-immediate bull. I'm in, are you?
I'm seeing a set up for a bull run.
Trend lines have been upward slanted the last few months and is still be tested (currently we are on/around the median).
Fibonacci resistance/support lines are being tested too.
I'm thinking either in pre-hours, or early hours after opening the price very well might fall due to exterior motives (SPY tanking); but I don't...
Strong conformance to long-term Andrew's pitchfork. Lower screen indicators are not peaking, with the macd below zero; cci looks like its moving up towards 100; all signs of some bull movement.
Have a strongly confirmed trend-based fib extension, fib retracement, and fib arc.
Signs that this isn't longer-term bull market: (besides global news and markets) price...
Price action is conforming to theories on pitchforks, Fibonacci arcs and retractment. All this plus lower indicators are all spelling out immediate action in the next few days to consolidate after that last jump.
Again, most indicators are leading to a correction; I'm going short.
With the recently tested 23.66 resistance, plus the blue downward-slopping warning line from the pitchfork, I'm guessing the price action in the next few days won't go above the 23.66 price point.
The hourly and daily lower indicators (macd, rsi, cci, slow stoch) are all showing a possible...
Not much into harmonic theory, but this is a clear AB=CD pattern.
Strong correlation between price action and downwards pitchfork.
RSI, Stochastic, CCI, and MACD are showing signs of retreating from their overvalued status.
Daily indicators are showing strong bearish signs.
Hourly and minute indicators are showing the opposite. I'm therefore assuming a bull will be loose for the next two days (maybe three), then it will break for the median and lower support levels.
My data miner is showing high probability, based on last 20 years, of VOD going up
Longterm neutral Andrew's Pitchfork at roughly 33.50;
Shortterm schiff's pitchfork bullish (and below price action);
Showing strong support/resistance at fibonacci levels
ActionReaction showing a downtrend yet realized that should end around 4/22.
Fib Arcs showing strength by...
RSI, Stoch, MACD all point to up trend. (Strong signal)
Fibonacci confirms strong levels of support (26.70) and Resistance
Pitchfork showing downward and sideways trend, with price on the median.
Fib arcs show upcoming resistance zones (counting one we just entered)
I labeled the action reaction lines to help better understand what I was and am...