the bottom is in ??
pink 350 ma supports on daily
on 12htf its a resistance that basically is a target of the forming ascending triangle
also we just made higher low
yellow and white "sema" just crossing - signal open long ..
IM N OT BULL YET - BUT MIGHT WRONG
OPTION 1- TWEEZER TOP AND DIVE LIKE IN THE GREEN BOX ON 11/11/2019
OPTION 2- PUMP TO THE ORANGE SMA WITH WICK AND DIVE THEN
OPTION 3- PUMP AND STAY OVER THE SMA = TO POSSIBLE TREND CHANGE
WHAT YOU THINK ?
so according to fibs- ( im not a specialist still learning)
-and fibs not in log mode-
they r pretty inline with the posibility that we have much bigger descending triangle pattern
that will end b for halving an as higher hi from te 2018 january low..
and also td indicator TDST line is exactly between 127.2-140.4 fibonacci target
current spike was predictable by a lot of indicators-but this chart keeps bothering me,despite mining profitability-the big miners have enough resources to hold 2-3 years in "loss"-this is most profitable business cause requires a tiny amount of ppl to ran it- only mass adoption
another mature prediction
rsi- going up
pdi - together with rsi going up
ndi -- dive nose
adi - also cooling the bearish sentiment
lucud sar - starts accelerating into the price
all this relevant to 12htf..
we r on 9 long on 4th according to TD indicator
also negative dI going down
positive di + rsi bouncing from the low
and adi is just over 20...
also this up bounce inline with fib - on the end of bear flag - 38.2%
and the bottom of the triangle (that we felt from ) is 61.8%
sincerely - me:)
COME ON - WHAT SHOULD WE LEARN FROM IT ?
BITSTAMP IS DEFAULT OPTION BCAUSE OF ITS LEGITIYEST HISTORY- BUT SIMILAR SITUATIONS IN ALL CRYPTO EXCHANGES
UNDER 200 SMA UNDER 200 EMA
AND THIS CME CREATURE ?@!
HOLD 200 EMA THE PRICE THAT DIVE SINCE 8 HOURS AGO
200 SMA STILL SOMEWHERE UNDER
I CAN C WHAT WILL HAPPEN IF IT HOLDS THE YELLOW TREND LINE - PROBABLY NEW ATH SOME TIMES AFTER HALWING
WHAT HARD TO TARGET IS IF IT DOESN'T HOLDS THE TREND LINE- HOW LOW WE GO
IF I FORCED TO TARGET, THE BLUE BOXES R REPRESENTING IT
FOR ME, BEST TARGET IS TJ-R.I.P - 1 FAZE OF HYPER WAVE