A flag on the horizon? Maybe.
Or could it be first of a 3 wave run? Maybe also.
Worth a watch or entry? Think so.
Tight stop loss triggers? Ken Oath.
p.s. Weekend trading is known to be erratic. From little changes to huge movements. Fun none the less.
Squeezing tighter? Looks like it.
Bounce off the long term support? Maybe
Break out ahead? Also maybe.
A punch through the resistance looks more likely... you choose.
But seriously, anything is possible.
10 day parabolic growth on the closes.
50 MA beginning an upward trend.
200 MA maintaining it's incline.
Previous high reached with a nice 3 wave price increase.
Once bittly-coin starts recovery, I predict the same for this alt.
Remember this: The rules of the game can change at minute. Be prepared for such an event. Always.
The MA's are heading in the right direction, especially since August 2016.
Still looks choppy though.
None the less, pre-bittly-coin explosion, it still had high peaks. Perhaps due to the association with Monero?
Set and forget.
If it cycles through, it could be another coin that will pay off regularly.
P.s. Don't get FOMO. :)
Not much in the way of historical patterns to go on.
Could the price be squeezed down a little more before breaking out? I guess bittly-coin could pull it down further.
Will it poke it's head up for a quick look around, then act like a frightened turtle?
What will happen when the price starts approaching the 50MA?
p.s. I'm not here to show you short-term 'rocket...
First 700 days were erratic.
Second 700 days look much nicer.
Maybe an arc with a sine wave MA?
Seems like it has it's own patterns and agenda.
What kind of coin would perform in this manner?
Long term? Or Long long term?
This coin has me perplexed.
Or perhaps there is nothing here but my squiggly lines.
Blatant cycles in the price and the MA's. Apparent convergence. But will it break the lower support or start a long-term bullish trend? Who knows.
Trying to extract skittish market trades and big cap fluctuations to reveal actual performance predictions is just that. A prediction.
None the less, it looks pretty.