...uptrend on the daily chart is confirmed above $17.50
Mean reversion takes it back to the cloud.
Bullish divergence on the RSI
Cloud resistance is at $17.60
Looks like a short covering/entry opportunity.
The activity today is reminiscent of some of the stop hunting you see in crypto markets.
It looks like this could be the bottom of the ABC correction wave which started at $23.40. The Tenkan and Kijun cross, the could flip as well as the demonstrated cloud support are all bullish indications. A close below $16.70 could spell trouble for the uptrend, however.
The RSI and volume indicate that there should be a little bit of a consolidation period ahead. The fundamentals surrounding Ravencoin are some of the most bullish in crypto. Take a look at the number of organizations developing securities on the platform here: www.reddit.com The recent move is likely a result of Ravencoin's close association with tZERO and the...
The fundamentals surrounding Ravencoin are some of the most bullish in crypto. Take a look at the number of organizations developing securities on the platform here: www.reddit.com The recent move is likely a result of Ravencoin's close association with tZERO and the MOU for up to $100MM by Makara and GSR . Both are highly successful VC companies in Tech, now...
Revenue from mining combined with the appreciation of Ravencoin holdings may be higher than the $10MM in projected profits of their retail operation in 2019 and provide capital along with VC investments to fund some of the blockchain endeavors of various companies under Medici Ventures. The fundamentals surrounding Ravencoin are some of the most bullish in...
The fundamentals surrounding Ravencoin are some of the most bullish in crypto. Take a look at the number of organizations developing securities on the platform here: www.reddit.com The recent move is likely a result of Ravencoin's close association with tZERO and the MOU for up to $100MM by Makara and GSR . Both are highly successful VC companies in Tech, now...
It looks like this could be the bottom of wave 2 of 5 in this impulse wave pattern. Wave 1 topped out at $23.40. The Tenkan and Kijun cross, the could flip as well as the demonstrated cloud support are all bullish indications. A close below $16.70 could spell trouble for the uptrend, however.
It looks like this could be the bottom of wave 2 of 5 in this impulse wave pattern. Wave 1 topped out at $23.40. The Tenkan and Kijun cross, the could flip as well as the demonstrated cloud support are all bullish indications. Healthy traffic levels on overstock.com over the last quarter of 2018 are likely to have a positive impact on the upcoming earnings...
The move is likely a result of Ravencoin's close association with tZERO and the MOU for up to $100MM by Makara and GSR. Both are highly successful VC companies in Tech, now entering the FinTech space. The next target following a demonstration of support between 610 and 570 Sats can take the price all the way to 1492 Sats. It is likely that this move will be...
It is interesting to me that the price dipped at all. It looks like many traders are confused about the meaning of what an MOU is. Donald Trump recently was confused about it when the term was being used for the document spelling out the trade agreement with China. www.stockme.info Regardless of that, it looks like the wider ABC corrective wave is now complete...
To understand the recent low volume selloff take a look at a Bitcoin chart. The price has seen a corrective move back to support. While OSTK is highly volatile this price level will likely hold before the next leg up to $24.80 - $25.00. The Tenkan and Kijun cross, the could flip as well as the demonstrated cloud support are all bullish indications. Healthy...
To understand the recent low volume selloff take a look at a Bitcoin chart. The price has seen a corrective move back to support. While OSTK is highly volatile this price level will likely hold before the next leg up to $24.80 - $25.00. Today appears to be critical but the uptrend still holds even below these levels, if the cloud support does not hold the next...
To understand the low volume selloff take a look at a Bitcoin chart. While OSTK is highly volatile $18 will likely hold before the next leg up to $24.80 - $25.00. Today appears to be critical but the uptrend still holds even below these levels, if $18 does not hold the next level of support is $16.38. Healthy traffic levels on overstock.com over the last...