Monero is in the middle of a correction that is almost completed. If the long term rising trendline holds i'm expecting a new wave to the uspide. A strong breakout of the rising trendline invalidates this setup.
If trend line and horizontal support can hold we might move up a bit. Long term (ie weeks), if we can break .004 or so convincingly, we might hit the ridiculous 0085-01 level.
Watching bullish Breakout on daily LTC chart today. Moving averages have stacked and first log down trendline is broken up. It's not confirmed yet but there is a chance for a LTC bubble in the making, Keep an eye on moving averages going up. First target should be 0.009 after that there is another trendline and Ichimoku cloud to break after that there should not...
This may have power to run to 0.007. Wait for confirmation before you go long! I believe this will explode in the next couple of days (more analysis later)
The Monero bear market appears to be over, and the bull is back. First target is 0.00265 at prior resistance.
Was looking at altcoins and stumbled upon this chart, showing us a very bearish RgMov moving ahead of price. I can obtain a time and price target from this chart, which is represented by the triangle and the arrow showing the trayectory and trend starting point. Pattern traders will recognize a Head and Shoulders formation at the top of this rally, with notable...