Thinks are looking really good for ETH right now..Bollinger bands squeezed nicely on the 1-day chart and we broke out upwards. Theres a little bit of correction right now as things flew up pretty fast but the RSI shows no sign of slowing down as it has formed a massive upward trend. Also RSI is below 70 meaning ETH is not overbought yet.
Hopefully we will see...
Looks like the price has finally reset back to the longterm support, hopefully the price stabilizes here and then continues to move up.
Nothing goes up forever, RSI has bottomed out signaling that XRP is in fact oversold, meaning now might be a good buying point...
ALSO seems that pretty much every cryptocurrency is following this patter right now..
Bearish flag ready to correct, thinking the stocks a little overvalued right now.
You can see the RSI declining slowly, might be time for some nice consolidation.If consolidation occurs it would be a great buying point before their next product release.
With the new Ryzen chip coming out we may see a influx in price as it is a huge competitor to Intel's latest...
IF ETH holds on here and doesn't dip to far below the longterm trend the correction may be over, definitely a big test for Ethereum to stay above the 150 price range.
RSI has pretty much bottomed out so look for at least a little upward correction before more downfall or a continuation of the longterm trend.
For live updates for all cryptocurrencies check out...
RSI IS RISING momentum building
Long consolidation period + Long BB SQUEEZE
If it breaks the 400 resistance sky is the limit
**I am not a professional advisor and this is not something you should put all your money into. I am not responsible for any gains or losses this is just an opinionated article about what I think could happen.**
Bollinger bands are settling down preparing for another wild ride, you can see the price funneling down the flag and it is at the support level, paired with the Bollinger Bands we might have another up trend soon.
There's a nice pennant that has formed, I think it could break in an upward trend any day now. Especially with BTC and ETH's current pullbacks people want to jump back into alt coins.
Bollinger band squeeze preparing for volatility and the RSI is beginning to start a longterm upward trend as well.
Ripple seems to be riding down the bullish flag preparing for another launch in price..it would be no surprise with the recent attention it has received in the media and with banks. Looks like a good buying point as the RSI has somewhat bottomed and may be increasing again.
I think Ether is going to experience some pullback soon. Mainly just consolidation as I think it has been overvalued for a while. Sort of a bearish flag formed and the RSI has been above 70 for a while... Maybe go short on this...I think it could land somewhere in the low 80's or 70's in the next few days
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The technical indicators show a potential bullish trend coming up. Reaching the end of a pennant and the RSI is low so it may be a good point to buy in. Bollinger bands are squeezing so...
STEEM's RSI is spiking and its about to break a long bullish pennant. You can see a nice squeeze from the Bollinger Bands preparing to launch it to new highs.
I use STEEM frequently, I think that it is slowly becoming a huge social media platform. It rewards you for posts and participation in STEEM and is run with blockchain technology. I suggest that everyone...
Ripple RSI spiking, Bollinger Bands squeezing preparing for large volatility, breaking of bullish flag. I think we have a nice bullish trend forming for Ripple.
Recent media exposure and interest from major international banks is going to drive ripples value up this year. Hoping for the price to be over a dollar by the end of 2017. GO LONG.
Looks like the last chance to buy ETH in the 40's before it has a nice price spike then consolidates somewhere in the 50's. The Bollinger Bands have squeezed for some time meaning a volatile period is coming and it appears to be an upward trend indicated by an increasing RSI and the Awesome Oscillator is about to flip above zero for the first time in a day and a...