Daily
Looking at our higher timeframe we see an impulse leg towards 0.00004500. Look left, structure leaves clues, support found. Resistance found @ 0.00005000. Higher lows being formed. Momentum heavily favored towards the upside, an ideal entry would be a daily close above 0.00005000.
4Hour
Shifting over to our pattern timeframe we can see resistance @ 0.0004950.
Price not showing signs of slowing down, a 4hour close above 0.0005000 triggers trade.
Hourly
Finally looking at our trigger timeframe we clearly see the higher lows formed and resistance @ 0.0004950. Price looking short term bearish. Waiting for a break and close above 0.0005000 for a long entry.
Target 1: 0.0007000
Target 2: 0.0010000
Target 3: 0.0015000
We spend our days following the patterns, technicals and essentials of the
present most sultry data about Bitcoin, Ethereum, ICO's and different Altcoins,
and burrow through all the messiness to discover just the best data for our perusers!
In the event that you need the best cryptocurrency to buy / news conveyed
straight to your inbox.