GUPPY (GUP) update to its bullish pattern on Elliot waves.
Wave 'c' in this pattern has extended a little down, so here is the updated version of the previous Chart.
GUP still in triangle showing bullish sign, going for 'd' wave
$GUPBTC is full of news this month:
03 January 2018 - (GUP) Partnership with TRX
15 January 2018 - (Matchpool will distribute a token named QGUP for GUP holders. 1 GUP = 1 QGUP
18 January 2018 - Matchpool (GUP) NEW Product Launch
22 January 2018 - Matchpool (GUP) ANOTHER Product Launch
25 January 2018 - Matchpool (GUP) Marketing challenge
Im expecting x5 this...
GUP, another favourite of mine. Really nice to swingtrade on this one. The fibonacci levels are from a bigger frame, but just let's you see where it bounces nicely.
The RSI is staying above 50, this is a green signal. Als MACD stays positive as well.
We may draw two support lines in this case, as it has two pretty important ones:
- the top one is an earlier...
GUPBTC had nearly all of its coins traded today. It was up as much as 100% on massive volume. Looking at the hourly chart, the RSI has cooled off to neutral territory. GUPBTC has already completed a 50% retracement on low volume, but could further pullback to 61.8%. Look for a move out of the falling wedge on volume. We believe this is a safe place to enter with...
GUP seems to have slowed its bear trend and could be nearing a reversal point. RSI copying Cup pattern seen in candles and MACD looking healthy. EMA's also showing signs of willing. Will re enter this if formation follows projected trend