I'd simply play this bounce off of 200 EMA until the golden pocket zone between 0.382 and 0.618 Fib retracements ranging from 98 to 114 USD.
Stop losses would be daily close below 68 levels.
I'm keeping an eye on the $74 - $70 range bounce.
Definitely not a financial advice.
Divergences on the price action and relative strength have always turned out to be excellent indicators of the reversals patterns.
I do not trade patterns but at this point it's clear that Zilliqa is forming a head and shoulders with strong RSI divergence which screams for a reversal move.
Pattern invalidation at the bottom of...
The 50 & 100 Moving Average Exponential lines are coming to give a cross over. Resistances at $5000 are at insanely high levels and shouldn't be taken lightly.
No, the bear market is not fully complete, I feel there is definitely going to be a few more dips (probably longing opportunities in the short term).
This is a clear - cut resistance area as the chart...
The "Prolonged Divergence" clearly suggests how LTC sellers have been exhausted over time and not much of LTC hodlers are left to actually sell. A big panic sell off might occur only if we decisively break past the "end game" support line as demarcated in the above chart. However, I potentially see that this event is not likely to occur. If I were you, I'd start...
Prices bouncing off of extremely oversold conditions compared to the entire history of Ethereum (weekly)
I see a potential mid term trend reversal based on strong technical indications & since Ethereum's Constantinople Hard fork is round the corner, fundamentals are straight away calling for a bounce.
Any weekly close below $90 level would invalidate this...