We have a major buy signal showing here in my opinion. A $119 Litecoin is very tempting and a breakout of this wedge/triangle would be BAD.
Buttt there is a chance you can take on a buy here and if in fact it does break out of this wedge you can ladder yourself out with more upside than risk to the downside
From prior experience seeing the RSI momentum and overall candle pattern curling top the upside is usually a case of a small breakout to the upside. We will have to wait and see how it plays out but I will go long on this with tight stop loss
Lets hope for all us TRX holders for the time being get to see this breakout to the upside. Overall it continues to look very bullish and I expect it to continue running until the day of Main Net launch.
What are your thoughts guys ?
So by looking at the wedge ETH has just closed out of and now has support at old resistance leads to me to believe a further breakout is coming. Now there is two things to take into consideration here
- Steve "The Woz" Wozniack came out yesterday with a pretty bullish statement on Ethereum yesterday stating that ETH could be the next Apple. Now could the price...
So ONT looks like a decent entry to at least ride up to the top of that wedge. Placing a order right now on a long position would be a very small risk seeign that if it does break the bottom of the wedge to the down side that would be an idication to sell your position with a small loss.
% of risk looks to lean to the upside
The bears tried to drive that price out of this flag pattern but the bulls said NO.
This to me is a very bullsih chart in my opinion. If you guys had played that bounce off the 200 EMA (GOLD) that would have been a very nice profit. Do we have another chance to break out and try to test that 900 sat?
- The price of BTC looks very bearish right now and thats...
This is what I have been saying for the last couple of days,
We need to see enough volume come in from a bounce off one of these support areas to confirm a reversal. My 9,000 target is now 100% valid and on the table at this point. Once we hit a support that had enough buy orders in place from big money investors to get a reversal looks like it just took place....
NEM Gets Added to Abra
Abra is known to be one of the most cost-effective digital wallet applications, and getting listed on this payment service provider makes a big deal for any crypto. That is how NEM became a part of a total number of cryptos that are available on Abra digital wallet.
NEM has been added a couple of days ago along with four other currencies,...
Dollar cost average your way into this coin before the main net is launched!!
Day before its launched I will dump and take profits
We are bouncing off that 15 EMA and each correction it sees I will continue to accumulate
Guys go check out my Steemit please to show some support!
steemit.com is a great way to support guys please all is...
So BTC continues to trade within this channel. Last night a close above the 15 EMA was a very bullish sign and at this point I do think we will re-test the
resistance area around 9,900.
S1: We break above resistance on this next rally and move to the 11,500 zone
S2: We test the resistance fail to break and retrace back down to support and possibly break...