Jefhughe

Jefhughe

using the pitchfork from inception to initial high to lowest low it maps out nicely support and resistance. This is the Day chart. been waiting since 2018

Jefhughe

double bottom

Jefhughe

hopefully this is a good indication of a turn around for NCASH. Both RSI and MACD are trending bullish on the daily. Waiting for the MACD to crossover which will provide a stronger case for a trend reversal.

Jefhughe

with lower lows and higher lows on RSI we are seeing a formation of a bullish divergence indicating potential to start climbing out of the cellar. Of course this could go south if BTC support fails.

Jefhughe

4 hours chart NCASHBTC - MACD has crossed over and RSI is showing a bullish divergence and we see lower lows which should be an indication we are ramping up which we have seen in the ~24 hours.

Jefhughe

last line of defense before a major drop. This is the last major support area.

Jefhughe

LEND is sitting right atop the last strong hold of support @ 78.6% retracement. With this market and ups, downs and sideways moves lets see if this holds. RSI is bottoming out and STOCH RSI is below 40. It may see some more restracements but I would expect it to bounce back up over the 78.6% fib. my thoughts only not advice.

Jefhughe

if it keeps going down the drain look for 633 as next major support.

Jefhughe

IMHO Looking at the support lines. I don't think we will fall much further. Looks like a good time to accumulate more coins. the support is holding firm at the 1.272 retrace of the first major impulse.

Jefhughe Updated 

if it closes above 1006 which has a hard support ceiling possible breakout or if the flag keeps consolidating it can drop down to the hard resistance of 955 before bouncing back up.

Jefhughe

I would venture to say if it dips down to the 900-906 range we should see a nice double bottom indicating a good surge back up. it fits nicely with the 1.2 FIB from the last impulse leg. if you look left it had a nice double bottom followed by a nice impulse leg. just my two cents.

Jefhughe

I would say this is an ideal bullish crab but C is a bit high fitting but all the other points fit good. C is 1.12 of XA where in the crab it should be below 1. I would also say from the last release it was 4 to 5 days after before it mooned last time. I think we might be close to some bigger gains. thoughts, comments? Jeff

Jefhughe Updated 

Hard test of support. lets hope this is it.

Jefhughe

If we see TRX drop down to ~925 the cypher model fits perfect for a huge upswing.

Jefhughe

fits Cypher perfect.

Jefhughe

If we start at the last impulse wave (5) we follow the retraction good with sub impulse and retractions back through our main A B C. If my minimal skills are correct we should be looking for some small retractions with spikes i -> v back to 1 of the initial impulse wave cycle.

Jefhughe

I'm new to trading so gain of salt with my comments and projections. It looks like we have an inverted flag with pennant. From reading multiple sources I'm figuring this is bad and we may have a big drop coming our way. thoughts? comments?

Jefhughe

Based on the daily chart where support and resistance are based on last impluse leg Support sits ~700 sats Resistance sits ~850 sats what way will we go. It's defiantly a roller coaster ride.