I see a divergence on the RSI and also the MACD crossing over, I'm Long term BULLISH but you always have people taking profits along the way so I see a pullback coming down to the 50 SMA around 7200'ish before a continuation of the markets upward.
could be wrong but just my view on the TA I see on the charts
trying to KISS (Keep It Simple Stupid) and short, the chart is on a 4 hour, but the the 50 SMA correlates with the 50 SMA on the daily, thinking we will have a spike up to the fib line then a retracement back to the 50 SMA, bull market is in. gonna be a good year I believe, go long but always be cautious about pull backs. congrats to all the HODLERS!
Looks like VET is oversold but MACD got rejected, looks like a double bottom on the RSI have seen this alot on other altcoins but VET has some of the BEST fundamentals in the altcoin world and with billionaires like Tim Draper, Jim Breyer and Anthony Di Iorio investing into this project.... and with BIG Partners this investment is a no brainer! anytime now will be...
Bullish divergence price falling RSI and MACD coming back, Great sleeper coin to grab a bag of, has great potential! giving all people the ability to have minutes through crypto DENT no matter what, no need for paid service just need a cell phone, even poor countries have cell phones, can send anyone minutes through just a simple text don't even need app! BULLISH...
NEXT 3 MONTHS SUPPOSE TO BE DISTRIBUTING THE REST OF THE TOKENS, THIS WILL DILUTE THE COINS IN WHICH WILL DROP THE PRICE, I DONT SEE THE DEMAND FOR THE TOKEN COMING IN THAT FAST FOR OVER 100 BILLION COINS COMING INTO CIRCULATION, ISNT GONNA HAPPEN, AFTER THE DROPS ARE FINISHED THERE WILL BE NO MORE ADDED COINS AVAILABLE TO PUT INTO CIRCULATION. WITH THAT SAID, THE...
INVERTED HEAD AND SHOULDERS, LOOKS BULLISH TO ME, CARDANO ALREADY HAS AMAZING FUNDAMENTALS AND HAS COME DOWN OFF THE 2017 BULL MARKET ENOUGH TO WHERE ITS ALMOST AT ICO PRICE
TAKE ADVANTAGE OF THIS OPPORTUNITY WHILE YOU CAN!
ITS TIME FOR ALL TO CRASH, JUST LOOK AT THE TECHNICALS, THE FUNDAMENTALS ARE JUST AS CRAP, PUT YOUR MONEY INTO BITCOIN AND ALTCOINS, THEY'RE ALREADY AT A BOTTOM! GET YOUR TICKETS FOR THE MOON, SEE YOU THERE!
history repeats itself, long term is time for crash, dollar so watered down, debt is way to far gone, cryptos will soon see this money rushing in as the dollar loses and smart money starts exiting the markets. give it time.
moved my bottom trend line to the lowest most recent wicks of candles in the past and extended it out, surprisingly extends all the way to where bitcoin recently closely touched, i believe this could be bottom and could start climbing very slowly for a couple of months or so BEFORE seeing a significant move in the thousands upwards. PART 2 SHOWS RSI
I dont believe we are in a bear market, zooming out at the long term trend we are still in a bull market, are we to call every dip or consolidation a bear market.. NO! I believe its a continuation of a bull market, we haven't seen a bear market in bitcoin yet, this is what I see in the long term chart, looking at the daily, weekly and monthly charts long term