Looks like BITTREX:SAFEXBTC is gearing up to breakout from the rising wedge! This could be the potential lead up to a huge rally. If not already in position, best to wait for breakout confirmation and enter on pullback.
Safex is back ALIVE agan!!! OFFICIALLY SKYROCKETTING SOON!!
All signs point to that now since there is heavy support now.
With Whitepaper release & chille on the horizon soon, SafeRocket will Skyrocket.
After Bitcoin Fork, holding this coin would get you minimum 10x gains in dollars. That is minimum.
Devs just gave a very vague update on reddit, with nothing new on the horizon. They are pushing things forward and don't think chille is going to be seen for a very long time if it even makes it. Please let me know if you disagree, I would love to hear why. I don't see any long term benefits for this either because everyone would give up on lazy devs
Safex will Skyrocket very very soon. This downtrend was expected after that pump to 236 earlier today since there was a sell wall set there by a big player and people are just going with the flow for now.
This is the best time to buy because think about it....how low can it go now? It's at 196 sats now....when it skyrockets, you'll get several times more. 3x, 4x...
Done a bit of research on SAFEX and to be honest, I feel quite bullish on it. Constantly in accumulation (Hit a peak of 1 B // 1,000,000,000 Accumulation, currently sitting at just under 800 M // 800,000,000), constantly being bought out whenever it's on sale as well. Looking at the chaikin oscillator (Buys Vs Sells) we see that from the 17th of July to the 1st...
Based on recent price action I think it is good idea to consider buying some of them.
We have 200 ema acting as strong support pushing pair towards north, triple bottom, GAP which may hold any drops and huge bullish candle on the Daily chart.
I marked similar formation with Yellowish rectangle which may suggest similar price action in future
I would set first...
SAFEX recently broke out of a ranging period and has a kumo breakout with a test of the 50% fib which also corresponds to the S1 daily pivot resistance. The 4H heikin ashi candles are also slowing down momentum which indicates a decision point, and with the 4H RSI being oversold it looks like SAFEX could be looking to make higher ground.
We're in the perfect buy zone.
Buy Zone : 202 - 220 Sats
Targets : 420 Sats / 530-610 Sats
Keys ++ : Are accumulation / News coming soon / Low price / reload zone fibonacci
Keys - : Bear Market.
I think it's a easy trade, you can win a lot of. Wait and see
We see SAFEXBTC about to hit the 8/1 Fan Uptrend Line, this is to be considered one of the lowest uptrend lines. We can see 0.00000925 being our all-time high. We can use the moving average ribbons to indicate we have been on a downtrend since that all-time high. Using the Fibonacci retracement starting from the pre-bullish trend on SAFEXBTC we can see that we...
