A trade is still not advisable yet, as we need more confirmation.
Wait for confirmation pointed on the chart!
I'll put together multiple analysis for today to get a more clear picture of what's going on. I'll start with the pivot points to see key support and resistance prices.
The graphic is pretty self explanatory.
Go, go, go EOSBTC to the moon till main net launch
I believe BINANCE:TRXBTC is positioned to make great profits by the end of the month. With mainnet on May 31st and the active shiller Justin Sun that has almost 500k twitter followers and plans to make Tron the 6th coin in coinmarketcap, this coin should make great profits in the coming weeks. I bought on the 50% retracement and I'll hold until further notice....
BTCUSD showing oversold conditions, bouncing of 50% retracement and Daily 50 MA with a bullish hammer and Regular Bullish Divergence on 1H Chart
BINANCE:STORMBTC is currently oversold, in a descending wedge on a support that is also the 61.8% retracement. Bearish momentum is slowing down and didn't have any upward correction in a long time so I'm expecting an upward breakout out of the descending wedge. Volume also dropped down a lot so it should change direction soon.
BTCUSD shows some interesting bullish sings that must be taken into consideration. The market might bounce soon so don't be too fast on selling
BINANCE:ICXBTC next event: May 11th - ICONest Webpage Launch
BINANCE:ICXBTC next event: May 11th - ICONest Webpage Launch
I'd be going out of IOTABTC if I'd had any. Looks overbought. Double TOP in the making, bearish divergence on 4h chart and clear 5 waves.
NANOBTC (NANOETH) is set for a great bull run, it broke out of a falling wedge
After breaking a falling wedge, XRPBTC is positioned for great profits ahead completing a 5th wave to 12.5k
BINANCE:ETCBTC has a great month ahead full of events - coinmarketcal.com It just broke through 25k resistance and looking great