Just a quick look at the pinkbtc chart and looks that some paterns appeared, might repeat again, so deserves to keep an eye on it. I actually think that is gonna break up soon, as it gets to the end of the triangle. Did the drawings kinda fast, so don't base anything on it. What you guys think?
If you look at the coins that are pumping this morning you will see they are all low price coins. Pink has a history of being pumped and I think it will be next once it breaks out. First Target 260 Second Target 350 Third Target 500 Stop loss 5 - 10% under buy RSI and MACD look good.
Pink sitting between 250 - 260 sat for few days as what looks to be like a good support level and good entry point imo. RSI is oversold on 1-day candles (not included in chart). I entered in 252 sat. yesterday. Today already touched 0.236 fib level at 275 sat on Bittrex. My short term target (1 week) is 0.5 Fib at 305 sat. This is my first even TA so take it...
bitcoin will likely stop at the red line closest to current price. this is due to its upward momentum that is only gaining in strength. more updates to come.
the dollar is falling. cryptos are bubbling. just stay tuned. i will post updates as they unfold.