Down trend line broken,
Price is going up now.
Imagine if this bullish momentum continuing at current price, we will see the price break higher.
recently Not so many people is talking about crptocurrency, and now its the time to collect and buy before people starting to talk about bitcoin...when many people start talking about it and its time to sell.
Down trend line broken + price is above 2 EMA.
Current price 0.86 was the price in last 12 December 2017, Now its just in end of April.
If this bullish momentum continuing , we will see price breaking up previous high (3.2) and go higher.
After the price failed to go higher as per my last analysis.
Panic sell happen because of the news!
Now whoever miss the chance want to buy cheap is NOW!
1) Price bounce of stronger on 1.60
2) Down trend line broken.
3) RSI oversold.
Expecting strong upside .
PS: i'm only HODLing for crypto .
Simple Analysis on NEM.
A lot of Japanese are talking about NEM and buying it for HODL to the MOON!
After price broken resistance at 1.11xxx, price soared higher until 2$ .
Now price has been retracing for those who missed out the broke out rally.
Why buy now?
1) Price broke up the downtrend line now.
2) Price bounce off on 50% Fib point.
Trade with your own...
A simple analysis for Ripple with RSI .
1) Identical chart pattern, as for the downtrend line. Waiting for it to break up now.
2) RSI reversal point, after every RSI exhausted to oversold(like in the box) it will have a reversal to buy cheaper if you miss the rally.
Now have a nice bullish pin bar for confirmation in the 1H chart.
Trade with your own risk....
Simple trade idea.
After price reaches 3$, it's time for a retracement.
Looking to buy at near resistance area as per chart.
RSI also exhausted.
Wait until price reaching resistance and hit BUY and HODL!