RSI now 23, Stochastic oversold and then some = blood on the streets. A strong opportunity to take up a position. Price finds support created back in November 6th, 2017. The last three occasions the RSI was this low saw the following increases under 30 days were achieved:
August 16th, 2018 - 65%
March 15th, 2018 - 100%
November 5th, 2017 - 600%
May 20th, 2019 - ???
Large head & shoulders, monthly Stochastic crossing over to downside (alarm bells), and has now failed to find support on the 100 month moving average, most recently rejected twice. Wait for <$1k before considering.
Previous resistance on the 20 week / 150 day moving average has now become support after the first life cross on this 3-day chart. A strong signal in its own right and now Stochastic RSI is seen sharply moving to upside with higher lows produced on the RSI .
On this 3-day chart XMR now showing rejection of the 20 week MA whilst inside a descending symmetrical triangle. That’s not good. Furthermore the weekly chart is starting to show crossing stochastic’s to the downside whilst above 80.
Some strong signals here in the weekly chart. First and foremost we have a weekly candle bouncing off the the 50 day moving average after a candle bounces off the 20 week MA. ARK has been rejected off the 200 week MA without finding support since October 2017, make no mistake, this is a turning point. Support is also shown to be found on two bottoming candles....
0x has returned to the trend line it created over a year ago after a 92% collapse in price. This is a project to watch going forward regarding decentralised exchanges. The 3-day chart shows an impressive volume increase matched only to that prior to the last rally. The downward channel created throughout 2018 is very clear, can't think of a better moment to get...
A number of encouraging signals on this chart. Not a project I know anything about. However looking at the 3-day chart is exciting, strong move to the upside on the Stochastic chart, RSI breaking previous resistance. Higher lows on the RSI. And now we're about to test price (again) set by the bottoming candle with increasing volume. I'm in.
No doubt many are excited by the recent upswing in activity but I don't believe we're finished yet. There must be a consolidation period before the net run, I think we'll see $50 Ether before it happens.
Don't know anything about this project but an interesting find from a technical point of view. Here on the 3-day chart there's many interesting signals, among them is a strong divergence with lots of volume, and higher lows on the RSI.
Many interesting signals now showing on Salt. Divergence between price action and RSI. Higher lows combined with lots of volume. Moreover, this is all occurring on the 3-day chart. We should expect to break through the 50 day MA on this 3rd attempt with following support on the bottoming candle.
Cardano smashed through the 50 MA on the 3-day chart on the 3rd attempt since the consolidation period began 3 months ago. Should 50 day MA become support, then there's a strong chance the bottoming candle will become support.