After it's long way down Verge is on the move again.
It broke out from it's long term down trend the last few hours.
If Verge is able to break trough the 735/740 Sats area it could start a new long run.
Targets could be the FIB levels of last ATH.
No advise. Trade on your own risk. Good luck!
The red line could be the longterm down trend line.
Buy volume is increasing.
RSI confirms trend reversal.
At the moment we trying to break out.
A new BTC move up as catalysator could bring Siacoin back on track.
After my last analysis of OmiseGo (OMG) exactly happened like I've predicted it – even if there were some "lol" & "rofl" in the comments – I think OMG is now ready for the next move up.
Bulls holding up the price on the current level since hours.
On Bittrex there is (update: was) ONE BIG buy order of 50.000 OMG at $15.13.
Weak hands sold over the last hours to...
Ok. We not reached our $28 target (see my last idea below) yet but we made a really nice ATH to almost $22.
Now it seems like a correction is coming in. Also BTC broke it's support line what is a sign for me for a harder dip soon.
It's now likely that OMG get back to at least $12 area before it will bounce and we can reach our target of $28 sooner or later.
I intensively following OmiseGo since about 4 weeks and for me it seems like there will be a price of at least $28 in a very short timespan.
About 2 weeks ago I got in at $7.50. Today OMG reached it's first 100% profit target since then. After about 2 weeks of struggle with some resistance levels.
OMG is following the FIB levels of the last ATH upswing almost...
My entry: $280
My tight stop loss: $266 (≈5% loss).
Target: 1. $325 (RR ≈3.2) / 2. $340 (RR ≈4.3) / 3. $360 (RR ≈5.7)
• We had a higher high at §319.
• Volume increased after the weekend.
• Rebounced at $272 support zone (.5 of bearish swing).
• We should be in wave 5 which can bring us into the $360+ area.
This is no recommendation.
It´s just my...
In the area of the yellow rectangle we
have an interesting combination.
• Arrow of current down movement
• Trend line of the current trend
• 0.5 of last bearish swing with
Price can there bounce back to higher highs.
If it breaks next bearish target is $250-240.
At the moment I expect that we will hit $280-270.
After the weekend the volume will...
In short term this is not looking good.
ETH could go back to $250/220 before it can go up again.
In the $280 area is not much support (for now) compared to the last time a few days ago.
Luckily I stopped my last trade manually and sold already.
I go not in again in the $280 because it seems to unsecure for now.
Please see this idea. He could be...
Again we don´t completely took out the the resistance on the $320 level.
But we now have a new higher high.
For now I expect a sell off again.
At least to the top border of the $306 level/support.
Even with such a powerful Bitcoin we at the moment have no chance to break this annoying resistance.
Will it happen in this life? What do you think?
I give it a new try and be long now.
Got in at $299 after I sold last time at $303
Japan and China will wake up soon.
Europe is already go to sleep without much downward movement.
Volume is increasing. Symmetrical triangle is closing.
Bitcoin is again at an all time high.
Other alt coins like NEO, PAY and OMG going down or stagnating.
Seems to be a good...
Okay seems to be time to publish my first analysis here.
I started this chart analysis at July, 29th. So far all works like expected.
A few minutes ago we broke out the important resistance at 280/285 what is qual to the FIB 50% of the all time high.
Sell orders are low. Volume is high. Bitcoins all time high is backing our trend.
So, there is no reason to get...