CryptoMaester

CryptoMaester

Digibyte is still looking strong right now, despite the fact that it's hit some healthy resistance in the 140 - 170 sat range. The key factor to recognize in this chart is DGB's MACD. You really want to see blue crossing over red, and especially on the long term. This "golden cross" scenario would suggest that $DGB will have another go of it this week (starting...

CryptoMaester Updated 

Support / Resistance If we re-draw the resistance line to line up with the peak of the binance-listing-induced pump candle, we see that the pennant really held that line, despite a tiny failed break-out at 250sats. MACD Now, looking at the MACD signal line, one has to wonder if it's going to continue bouncing off of the MACD line, or if it'll be more reminiscent...

CryptoMaester

After the COVID dump, $IVR bounced up to the second retracement level with a vengence. It pulled back from there after round 2 of panic selling, but now appears to have bottomed out halfway below the first retracement level. I say this because the daily MACD signal line appears to now have a bullish trajectory. So with higher lows, huge upside potential, buyer...

CryptoMaester

Zooming out on the weekly, switching over to the logarithmic scale, we first look at the MACD line. We are seeing its positivity, higher lows while the price conversely sees negativity, lower lows. Classic bullish divergence. This coin is still very much a "big gains" coin. Just look at the activity that created the most recent flag. The price swings from...

CryptoMaester Updated 

$PINK's flag has maintained near perfect shape. I suspect a couple more days of horizontal before its next move. Of course, the risk is that this coin has a low market cap. But when I look at coins like $GAME and $NAV, I feel confident that there is another big move coming soon. I also believe that whatever $PINK does, $XVG is going to follow suit. Finally,...

CryptoMaester

The recent price increase for $PINK doesn't appear to be just a random pump & dump. To summarize the recent activity on $PINK, the price went from a low of 13sats to a high of 34sats. Then, over the past week, the price oscillated between 23sats and 28sats, forming a bull flag. While bull flags aren't completely reliable, my opinion is that this is rather...