Will we break out of this falling wedge alts seem to be doing really good at the moment . This has been knocking seeing huge upward wicks.Things are slowly starting to look good here.
Remember to Trade with Caution especially at the moment.
Loom Network has been showing some nice upward momentum for the past few days with some aggressive upward wicks.
We had a nice bounce from the 0.00000225 region and it has been on the climb ever since.
Simple Support and Resistance on this one... Sometimes we focus too much on other indicators etc we miss the simple picture.
Genesis Vision has struggled to break thru the resistance it faces at 0.0001240 range we have seen the occasional wick above...
Starting to show some positive signs.
GVT is one of those randoms that just loves pamping :)
ALGO had previously formed a falling wedge when it appeared it found a good ground and went for a break out! We are near the same area now another possible fishing scenario for some ALGO below the 0.00002250 and long from there?
EVX looks to be holding a strong support at 0.00003600 with the occasional wick... Maybe its a good time to go fishing for some EVX we have seen aggressive wicks down towards the 0.00003400 region before it pulls right back to the 0.00003600 a possible breakout is near?
Ethereum has struggled to stay at the 190 range it has tried multiple times and failed its slowly loosing momentum again, The bears are slowly taking over.
A drop to the 160-165 range wouldn't surprise me before an immediate bounce.
We can see RVN had a massive drop after being in a descending triangle it had nearly a 30% drop leaving a huge wick. We can start to see some form of recovery it has now entered new triangle but this one seems to be the complete opposite will it break above on this and climb back to the 362 region?
We can see a Trend line resistance coming down from 20,000 recently got rejected at around 14,000 will we go for a retest and fail again at around $12,000?
Will we finally break thru once the halving takes place?
Will we see slow but steady growth thru out the whole year of 2020?
A year after the halving will the Bull run we have all been waiting for take place?...