1) The pink line, continuation of the symmetrical triangle was a strong resistance, will now act as support 2) Fib retracement level 0.236, which is a key level 3) The blue horizontal also acting as support / resistance line on the top of 21-Nov. And coincide perfectly with the 0.236 retracement level. Breaking down the pink support line, on the 1h closing...
Bitcoin doesn't so look good for the next few days. Support (green line) has been broken. Possible Head and Shoulders in formation. Bitcoin is now bouncing on the horizontal 16000 support line. If Bitcoin breaks the support, we can expect a pull back. However not sure if the pull back will be as low as 13000. A lot of hungry buyers at the moment. Check the news! ...
On the ZEC 2h chart, there are 2 ascending triangles nested inside each other. ...Which is a good sign (bullish market) A broke out already occured on the first triangle. A broke out should happen on the second triangle, in the next 1/2/3 days. Buy at the break out up, as show on the graph. Moreover: Some people may want to see a Handle appear (event if it...
Hi Folks, Siacoin has been doing great today. Watching how the market is possibly going down (RSI getting high = coin getting overbought). Please watch the short time evolution carefully, buy the dip, sell the high (not like me = sell before everyone else), or invest for long term, while researching beforehand. -Trade safe.