We have a very strong oversold indication on Ignis.
RSI @ 27
Candle dropped below lower Bollinger band
Stochastic RSI in oversold territory (Though give it 2 weeks or so and it will be better placed)
Holding off for a couple of weeks than drip buying over 2 months from here would be better then to buy now. Along with IOTA Ignis best buy ATM
We've had a massive distribution down-trend for months now. The reversal can be seen in these falling wedge patterns. PUMP by November. Target... at least 80% from current price (just under 700 sat.) but I think we can easily see upwards of a 300% PUMP! Ignite the fire!! IGNIS!
Ignis formed a bottom at 774 satoshis after which price went up, and reached 1524 satoshis high. Although closing price was below the 23.6% Fibonacci retracement level at 1136 satoshis and below the 200 Moving Average.
On a correction down, IGNIS/BTC rejected the uptrend trendline, went up an rejected the 23.6% Fibs once again. It seems that IGNIS has stuck...