andre24b

andre24b

Stellar on the monthly chart is showing similar consolidation as to the prior bull run breakout Market cycles repeat themselves however never exactly the same This token has not shown a true break out .. yet SMA 28 on this chart is acting as resistance

andre24b

The MACD for HYDRA has been spot on so far on the daily, look for the lines to cross over and a green bar to appear on the histogram as I've highlighted. We all know that no indicator is 100% accurate so there is always a possibility of a fake out. Also there are some pretty clear support and resistance trend lines we can use to our advantage. Good luck!

andre24b Updated 

Elliott Wave scenario. We saw a classic ABC correction from all time high and now a possible 12345 impulse to the $50 resistance. Will we get rejected again to re-accumulate or will the market stay hot and pull us through to make $50 range the new support? In theory the 3rd wave is always the longest and since 5th is weaker we won't have enough momentum to...

andre24b Updated 

I'm seeing a massive bullish wedge here, a continuation pattern of an overall uptrend. Looking for price action to enter the breakout zone. Entering oversold territory as indicated by the MACD on the daily timeframe, showing a possible crossover to the upside soon.I believe it will take some time and accumulation to test/break $50 range.