According to my additional multi-time frame technical analysis other than this simple viewpoint, This crypto is now trying to take off this time. If this time trial is success, that would rise so much. For a long time, Energy accumulation period has been so enough until now. Check its marketcap. not so low, but it has many potential that we cannot imagine...
In my additional analysis other than this simple view, It would go up just like ripple in the spring. RISE seems to draw cup-handle pattern, maybe not typical, accumulating energy to go up. Because i love 'trending trade', it would be nice not to close our own spot until it is broken in the daily view. **news : plz refer to tags.
There have been so many volatilities several times in this symbol. And now it seems like that it tells us "i have some secrets" and maybe we can realize seeing through its chart in the MTF view. Unsual, and Unprecedented phenomenon there seems to be. Let's wait and see in the long term(about 6wks~ 12 wks until big uptrends broken) :)
According my several volume and trend signals, Gold price is in the bottom area, which in the super long term view it will eventually rise so much. Of course, this analysis is only for super long term. Definitive fact is that it would keep rising trend in the monthly or biweekly (or weekly) timeframe. Let's wait and see :)
My left one brain, draws lines in accordance with textbook(elliot waves in this time), without any my own opinion and intuit. And my other right one, tells me that it is impossible to come true. "How it could be possible? totally nonsense." clicking 'long' opinion. Monthly view. so let's wait and see in the super super long term. PS) * This is in the logarithm...
As almost always, gap should be filled. In this point of view, price should go up more and more uptil it is fullfilled. In my opinion, this price is almost bottom in the PPC/BTC pair on the Monthly view. And in the PPC/USD pair, it indicates one of the typical cup&handle patterns. And monthly analysis always tells us that you should be more patience than any...
it looks also promising Volume surge Drawing a cup&handle pattern in the USD pair Of course, it is super long term, so HODL and be super patient, please.
In my opinion, i almost use a timeframe, 4h and 12h. and apart from these tools like EMA series, i use more other tools to analyze cryptocurrency. According to my own indicator, significant line started to turn to uptrend in 4h timeframe, and even gave me positive 'retest' signal in 12h timeframe. and as we can see, a support & resistance line tells us that...
Apart from a straight line, it looks also good thinking about curved S/R line 2016 07-27 is the center of curve. and 2016-10-29 is the first day at which candle at that time is supported by red curved line and also meaningful day at which we seems that it starts as uptrend regarding a huge timeframe
As price going down, we can see the volume is rising slowly, but not meaningful big positive vol. until now. We can see 2 meaningful S/R line around 1000 and 953 dollars The pink one : candle broke this line at 8pm(UTC+9) and after candle couldn't rise than 953 line. so i guess that red rectangular area was good chance to take short position. The black one: in...
After finishing big downtrend since oct. 2015, when bitcoin meets a crisis for each time, we can see candles move horizontally around EMA 633 and be supported by that. For example, as you can see in the left red box, the time when Bitfinex get hacked in august 2016 and sudden big downtrend by China in January 2017 and the last one is nowadays because of...
let's wait and see how will be going