$TRX is at strong support with the CCI indicator showing a bullish divergence.
However it looks that there continues to be more selling volume than buying.
Proceed with caution or wait for confirmation and change in volume.
Stoploss at 500
Take profit at 600 - 850. Depending on market reaction.
Xlm has fallen back to it's buy zone with a bullish divergence on the CCI. (indicating that selling pressure is cooling down)
Looks like a safe bet with a good risk to reward ratio.
Stoploss 2000 sats.
Possible target 2900 sats or higher.
You know what they say, chart show the news.
Seems absolute true with Aion. Chart looks beautiful with 20 weeks of accumulation and now at first resistance.
- Volume has been increasing over the last 20 weeks with only little price movement.
- Big news coming up. (release information regarding staking and AVM mainnet release in the end of May) all coincides...
Proceed with caution!
I see a lot of bullish sentiment starting to emerge which already signs of warning. In addition we are given some clear clues that prices might decline in the coming weeks.
- Price has been increasing slowly while volume is dropping.
- Price is at strong resistance.
- Stochastic RSI is at the same level as when Bitcoin was at...