───────── why LONG ─────────
On the surface it seems that NCASH is creating a megaphone pattern which is a very bullish sign.
MACD on the 1h chart may indicate a new wave of buying.
Its seems that the company is doing something behind the scenes.
I would assume that first target would be 380 and if it will continue the megaphone pattern and break the 380 level...
The weekly chart is showing an incredible amount of bullish divergence on the RSI dating back to June of 2019. There has been a series of HIGHER HIGHS while the price action has continued to fall lower to its current levels. Also during that time we see a relative bottom put in around April of 2020 and from that point...
Don't want to explain too much, but:
1. RSI oversold
2. No retraces last 4-5 days
3. Price went to beginning of uptrend
4. Still bullish here
Expect bounce till 270 and may be further from here, good luck !
So, last days NCASH is declining steadily, this is natural after such growth. My idea here is that NCASH might possibly bottomed out or will bottom out around 230 satoshis and then I expect some 20% bounce from there. If you take a look at Stochastic RSI indicator, we can see that it's located in oversold area for several days, same picture you can observe in...
So, this is potential 70% trade, if we stay above 280 level, in case we don't, then we will have further decline towards 240-230.
Indicators still look bullish and this daily hammer means a lot.
Target: fib levels on chart
Good luck !
Keep eyes on 4h close with last candle, if we close with such candle, I see possible correction till lower Fib levels. If no, then uptrend continues and you can zoom chart and see other targets.
Good luck !
Another cup handle formation in progress. Looks like it is reversing from it's bottom.
If the cup holds, it can go 1800% to the upside, up to 8400 sats in about over a year. This could test patience but the rewards would be great.
Setup invalidated if:
- Cup handle formation broken (due to BTC's crazy moves)
- Any FA wrecks this project
So, KST indicator has reversal on daily chart + we are over Ichimoki Cloud, which is a big plus. Also, new day started with a gap from previous one, which adds more reasons to high increase.
I put resistance levels as red horizontal lines, if we break from wedge, then I see pump till 255. Good luck !
Stop loss 147.
Nucleus Vision Vs ETH AT Binance Officially found bottom and on a major developing reversal towards massive profits. This is the near alltime lows, this is a great project.
Yes the project team made honest mistakes, however I think long term about the fundamentals will change the world.
Imagine your in a retail store and automatically they have information to...
NCASH is in super bad situation but we will give it the last chance.
We can buy some NCASH at here on Huobi and wait to sell around 300sts
If it drops below 2.3sts, I think we will see it at 1.4sts and we will say bye to it!
Previously I have posted chart where the price action of NCASH formed bullish Butterfly. And at that time the price action was moving above the potential reversal zone of this harmonic pattern. And at that time I was expecting soon it will enter in PRZ level to give us buying signal. And eventually it entered in potential reversal zone and moved up for more than...