I expect to see EOSETH long to at least target 0.0325. If we manage to broke it, we will bigger push up :) (Usually when 5th wave bounce in, we expect to see resistance broken easy and new highs will take in or new RESISTANCE!.
-Macd is cross for uptrend
-Trend is Still ABOVE 200SMA, which is telling us that we are...
Waves is sleeping right now at support % fibonacci level 0.786, which means that coin can become alive. I would buy it, when EMA 50 crosses EMA 100 and confirm uptrend.
There are 2 possibilites:
1# (Blue line)
Price will broke downtrend line.
The price don't hold this support at fib 0.768 and decide to move to price 0.000362 ??
2# (Green line)
Trend is still strong Bullish with EMA 50 above EMA 200, but we are waiting for RETRACEMENT.
We have here 2 possibilities . Black line and Blue line
1. Option ( Black Line) :
Price break trend line and goes to support around Fib GOLDEN level 0.618.
If price survive at support, then uptrend should continue.
2. Option ( Blue Line) :
Price some between...
As we speaking righ now, Poa/btc is looking to continue Bullish run. With that said, we have fibonaci confirmation at gold level 0.618. Second trend is still goin upside with EMA 50 above EMA 200 confirmation.
Don't forget this is just my analysis and i don't guarantee that trade will listen me and go my way :).. But if you decide to trade it and trend...
This is just my analysis and not trading suggestion! Anway on the chart we see, that we have retracement back to FIB GOLDEN LEVEL of 0.618 and also EMA 50 is ABOVE 200, which means that TRXBTC should continue uptrend.. Let's hope for best and also i wish you make a nice amount of money from it, if you decide to trade it.
just 2cents from Fab1j0 :)