Mobius (MOBIBTC) just made a strong move on Bittrex after hitting a new all time low. Looking at this chart, it tells me that this pair can do more.
This move is just starting so there is a high probability of additional bullish action, here are the targets.
MOBIBTC Targets
(1) 0.00000328
(2) 0.00000412
(3) 0.00000473
(4) 0.00000550
Stop-loss: Close below...
4 Reasons why this could lead to potencial W shaped doubble bottom
1) RSI is hitting lows and might break up soon
2) Momentum is picking up and diverging up since start of Apr
3) MACD is going sideways and bull diverging with possible cross soon
4) Trend is hitting previous interest area
Time to double our Bitcoins on Mobi ?
** Not a financial advice but...