My last charts were using Poloniex, this is Bittrex's chart. Thought I'd try it out.
I noticed we might be in a rising channel, though current market sentiment is weak we could be seeing a small bounce upward off of my trendline. If it falls through, green lines as support. red lines are resistance, purple lines are one or the other. Blue line shows equilibrium pattern, so a bearish break out of that could mean bad news for bulls, good news for bears. I'll buy more for sure if it drops. My target still remains at ~1.00 between EOY and July '19.
I noticed we might be in a rising channel, though current market sentiment is weak we could be seeing a small bounce upward off of my trendline. If it falls through, green lines as support. red lines are resistance, purple lines are one or the other. Blue line shows equilibrium pattern, so a bearish break out of that could mean bad news for bulls, good news for bears. I'll buy more for sure if it drops. My target still remains at ~1.00 between EOY and July '19.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.