The RSI simply indicates that PROM is oversold right now and is nearing it's previous support levels.
I'd suggest you guys keep this on your radar!
As always, this is just my opinion and not a financial advice.
Do your own EXTENSIVE research before buying any coin.
Prometeus (PROM) is a hot topic in the crypto world today, with the asset's price currently sitting at $6.273 and a 4-hour timeframe under consideration. As of now, PROM is leading the market with the most gain today, making it an attractive asset for traders and investors.
However, we must take a closer look at the given indicators to understand the asset's...
Hi dear friends, hope you are well, and welcome to the new trade setup of Prom token.
On a 4-hr time frame, PROM has formed a bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Prometeus is also showing the "same pattern" and we see massive growth.
Yesterday alone produced a 350%+ candle.
Over 835% of growth since the 12-May low.
Here is the bottom pattern:
Looking at the weekly timeframe we can notice the highest volume ever this week as PROMBTC moves above EMA50.
Above EMA50 = bullish market.
Keep reading... There is more.
Namaste.
In the past months, prom made a plethora surge in price to $100 and then made a sharp retracement back to its support level at $8 while $17 was acting as the resistance zone. Presently, the $17 zone has been broken and is now known to be the new support level, prom continues to consolidate btw $17 to $21 which is the main resistance level. A daily close above this...
SNIPER STRATEGY (new version)
It works ALMOST ON ANY CHART.
It produces Weak, Medium and Strong signals based on consisting elements.
NOT ALL TARGETS CAN BE ACHIEVED, let's make that clear.
TARGETS OR ENTRY PRICES ARE STRONG SUPPORT AND RESISTANCE LEVELS SO THEY CAN ACT LIKE PIVOT POINTS AND REVERSE THE WAVE (or act like a mirror that can reflects light) BASED ON...
ANALYSIS 🔎
- PROMBUSD is on an uptrend supported by the ascending trendline support.
- The market hit a swing high and retraced.
- Price is retesting the flip horizontal support, the ascending trendline support and the key fibonacci retracement zone (0.5 - 0.618 - 0.786).
- There's a relatively high concentration of buyers at this zone.
- Price action is printing...
Hi, I can see very obvious pattern here. We had double bottom on PROMBUSD and RSI indicator didn’t fall further, so it formed Bullish Divergence. Also, PROMBUSD broke downtrend channel line, which is the sign of further uptrend continuation. For short term, I’m seeing 20-30$ price range, but for long term we can go as far as 100$+.
Keep your stops tight and be patient !
4H hollow candles.
Another price breakout out of the asymmetric triangle.
Prometeus Price (PROM) = $13.38 +10.12%
0.0002296 BTC8.59%
0.007402 ETH10.15%
Good Luck
CryptoHellas Team
Prometeus (PROMBTC) just printed one of the biggest volume bars since its add to Bittrex and it is now showing multiple bullish signals... Let's take a look.
In the past three days, PROMBTC has grown by 277%, massive growth, but when we look back at the low hit on the 8-Nov. '19, the total growth from bottom to the peak price hit today is over 6330%... Amazing...
