UnknownUnicorn1081681

UnknownUnicorn1081681

Will History Repeat Itself.

UnknownUnicorn1081681

Potential Decrease towards the support identified.

UnknownUnicorn1081681

I believe we will raise to higher lows within the tunnel hitting the relevant line of resistance only to come before we are projected to come down to test support.

UnknownUnicorn1081681

Support lines are being tested.

UnknownUnicorn1081681

Could an inverse cup and handle formation be present.

UnknownUnicorn1081681

Possible decline to the next fib line, Failed to breach the 50 ema and a bearish flag can be observed. RSI is bearish.

UnknownUnicorn1081681

Potential decrease to the fib line marked, as a formation of a head and shoulders can be seen.

UnknownUnicorn1081681

MACD indicator presentsing a Bearsih Movement, although the STOCH RSI on the 4HR as of now appears to be oversold. We may hit a lower level in regards to the Fibonnaci Levels and thus potenially bounce back.

UnknownUnicorn1081681 Updated 

The event is soon to be imminent, a breakout upwards or downwards could occur. Looks to be good as the day chart indicates an oversold STOCH RSI and is currently reversing.

UnknownUnicorn1081681

On the 4hr chart a symmetrical triangle can be seen, an event is imminent. Either a downward or an upward movement could be the case. STOCH RSI for the day chart indicates it is oversold and could be reversing.

UnknownUnicorn1081681

MACD Crossover can be seen, becoming bullish on the 4HR Chart. Stoch RSI indicates a reversal from being oversold previously. Good Fundamental's; Release of the Beta wallet has just been announced on Twitter by Safe ex. Order books on Bitrex are insane.

UnknownUnicorn1081681

Just a thought. Head and shoulders pattern can be seen, although it is also part of the Elliot wave correction phase. We can be expecting the price to go lower; touching the main trend line. Although in terms of Fundamental analysis this does appear to be a good coin to hold on for a longer duration, POS coin and "The Chinese Ethereum". What do you think ?

UnknownUnicorn1081681 Updated 

Just a random view,

UnknownUnicorn1081681

Please do not butcher me i am new to Technical analysis, but from what i can conclude i believe upon completion of the second bull flag; the price will rally up. Any informative criticism would be appreciated.