SpreadCoin found the bottom at $0.23, that has been tested on the 13th of June. Since then price went up and today breaking above the 200 Moving Average, not to mention that price produce a new higher high. This could be the beginning of a corrective wave up, or even a trend reversal. The very strong resistance is near $0.5 area, that is confirmed by two...
BITTREX:SPRUSD Looking at the chart of Spread Coin in terms of dollars, it seems like we are making a W pattern in the long term, thepatternsite.com , which means that we make a double bottom, in this case around $0.20 USD, and a double top around $3.60 USD. In theory this pattern will be confirmed when we surpass $3.60 USD, in which case the price target will...
I was doing some screening for technical patterns and found this chart. Fairly interesting setup, looks like it has good upside with low downside risk. The daily flashed a buy in $SPRBTC 4 days ago but weekly will confirm a buy in $SPRUSD this week on close, and considering the range expansion and increased volume, something is definitely cooking here. I'm not...
BITTREX:SPRUSD Spread Coin just started to spike up with huge volume the last two days, and that is after a huge decline from almost $3.00 dollars to just $0.20 dollars, right now it is sitting at $0.40 dollars. We also just got a MACD buy signal, which is very positive. It just clear the 8 EMA and the 20 MA, and looking at the chart, there is no real...