What an interesting chart. While RSI has set a series of lower peaks, I don't think it's negative divergence because the MACD doesn't really back that up. Since price has done nothing but climb, I think the RSI is gathering power for a super breakout. You don't see a weekly RSI coil in overbought territory often, and when it breaks out the move is pretty nice. ...
put this coin on your watch list; buy above 0.00043240 right now @ support level
Point : I'm in this for the long haul as I like the functionality of this coin as it is akin to litecoin to bitcoin, with monero. However if you are looking for a short pop I think we're about to get it here. Prices have been slowly climbing and you can see the intraday pattern well on the 4HR chart where we have climbed recently and held the gains well. So...
Early entry - red. Good entry - blue. Perfect entry - orange. Mid term targets are 30000, 55000 and 85000 sats.
Watching this smallcap coin AEON to see if it holds support. Other indicators look interesting. MADC close to bottom, Stoch RSI heading towards oversold. Has shrunk from 87k high in October to 24k here, so a reversal could see nice gains.
AEON breakouts the triangle. MACD makes buy signal and AO shapes a sausser. 75k is the next target.
$AEON is near of his trendline with bullish divergence, we can expect "return to normal" until 0.236 fibonacci retracement. Entry : 48 000 Stop loss : 42 000 1st target : 57k 2nd target : 65k I can advice you to put only 10% of your bankroll.