Monero showing a strong movement.
I am already long since the price 91, and I put another order at the same price.
It represents a small percentage of my portfolio, but if it continues with this strengh, I will add more.
Another interesting and with similar movement coin is ZEC.
It seems that anonymous coins are starting with big movements.
As seen in the past, I think that BTC bottomed here.
We have the retracement at 0.75 and the CCI tell us that is a good time to buy (the past have show us that it works). Moreover we start to see buyers at this point.
I am in long position from here, and will be adding more depending how it develops.
After this downtred, IOTA starts to show an up signal.
We have an expansion range from the mode, that show us a strong movement.
The trend line was breaked, and the time just expired as well.
Moreover we are touching the low volume zone!
This is a good entry, but it is necessary to monitor if this range expansion will be breaked next 3 days. If we have new lows...
IOT is in a week uptrend.
The acummulation phase in daily chart is about to expire against several coins (ETH, USD and BTC). This may indicate a strong uptrend in 3-6 days.
There are several possible targets (in the chart), but I expect to reach the 3 target due to weekly analysis.
Moreover, with the increasing of bitcoin fees, the searching for alternatives is a...
There are several signals that makes me belive that it will be bulish.
The range expansion is going well, and the trending lines show us that we are to the upside.
I will colse the position befores the earnings day, even if the target is not hited.
This analysis sugests a long trend.
Weekly chart show us that we hit the bottom and the monthly show us a target at @0.89424. After that there are a possible retracement and then the long position continues to @1.06141.
This analysis considers the mode value and not the price value.