On the 4h Chart we see a Doji Star pattern which indicates a trend reversal.
MACD histogram is about to flip to the positive side and the MAs are going to cross.
RSI just rised from the oversold zone and continues going up.
DMI+ is going to cross DMI-
The strong volume at the Doji Star candle supports this trend reversal.
Additionally the Doji Star formed at...
The pull back of yesterday could be over!
We see a huge Doji candle with a high volume which indicates a reversal. This Doji formed at 50% fibonacci level --> Bounce off this support level.
Additionaly we broke thru the down trend line of the falling wedge. This gives us also a signal to go long.
RSI stopped going down and shows us a consolidation. DMI shows...
Depending on the possible trend swap in crypto, we can assume that it is time to go in and diversify our portfolio again.
We see bullish signals for LTCEUR on the daily chart:
-RSI above 50 and not overbought yet
-DMI crossed and ADX line showing an accelerating/strong trend
-Awesome Oscillator crossed
Price on the 4hr Chart of XLM/XBT shows a triangle pattern. MACD histogram confirms this movement. ADX line of the DMI indicator going down which tells us that the bearish movement losses momentum. These indicators give us signals of a market consolidation.
We should expect a breakout in the next days. If price breaks thru the upper triangle line, price should see...
Market consolidating. Expect price action in the next days.
If the upper triangle support line is broken we should see a price increasement.
MACD confirming consolidation too.
On 02. Feb there will be an update on the project. The days before could be a breakoutpoint.
After the price correction the last day it seems WTC/ETH is getting some upward momentum again.
MACD histogram and RSI confirm this movement. DMI is recovering and Accumulation/Distribution already flipped to the positive side.
This movement should be confirmed when the first candle closes above the 50 and 20 Moving Averages.
On January 24. the ICX Mainnet will be launched.
We see as well a falling wedge pattern which indicates a price increasement.
MACD, RSI and DMI also indicate a possible big price increasement.
If price breaks the upper triangle support line we can expect new highs at 8500 satoshis.