Follow this and tell me what you think - This is a general momentum line charting. Would be interesting to see if it follows through either trend line.
If it does, you know what to do. Find other indicators to validate your position, then place your position.
Moment of truth for ETHUSD - from my TA, it seems there are two possible directions for ETHUSD. It is either going to follow the uptrend channel OR it may fail and seller may push it downtrend.
Some key notes:
- RSI is neutral
- Volume is there
- MACD is ready for putrend
- STochRSI is ready for uptrend
With that said, we have been faked out plenty of times in...
BTCUSD as well as almost every other alt coin took a hard hit today. Most of the market action today is a result of the news of Binance being "hacked". Were they actually hacked? They have released several statements suggesting that it is a technical difficulty rather than a hack. HOWEVER, several users have reported that all of their ALTcoins were sold for BTC -...
NEOUSD seems to be on a strong uptrend looking at the 6HR chart
First target (T1) is .618 fib level
Second target (T2) is at the .5 fib level
Third target (T3-Longterm) at the 1:1 fib extension
Also worth noting, the BTCUSD correction has not affected ALTcoins that much past couple days. IMO this is a great sign of bullishness.
FYI: I don't hold any NEO -...