Here is a modest attempt to analyze the 4h chart of ATOM / EUR.
At first glance I point to the MACD, which strives further up and just before the 0 line. Here an excess is likely to be a positive signal, and at the moment the distance from the signal line seems to be increasing again.
On the chart itself, Atom fights against the EMA20 and can not rise above...
My little modest opinion on LTC:
There have been 2 attempts by LTC to join the ascending channel today, but both have failed. At the moment it seems to consolidate at $ 225 to take some new momentum.
Simple look at the fast:
Bullish pennant in formation on the 1h chart?
Ema20 could serve as perfect support and in about 12 hours it could come to an outbreak. Will we be surprised then in which direction ...
I had hoped for something more action today ....
Act on your own risk
I am beginner and this is my first chart.
It is certainly difficult for beginners to have their own opinion, especially if you have already seen many charts and then convinced of an idea.
Now to my chart. I think that the price will stay at the level until the end of the triangle and then a Ausbruach will come. Of course I hope Bullish. I'll watch the...