ACB has reached a historical support of of $1.5 which was established after the run up at the end of 2016. This price is close to the 52-week low. There is also high buying interest at this level as shown in the VPVR indicator. The daily RSI and MACD seem to be reversing out of bearish territory. The price may go down a bit further. Placing a stop loss around...
Cardano just broke a resistance level which has sustained for the past 6 months. The MA 50 & 100 are about to cross the MA 200 soon. RSI is heading to bullish territory and MACD has turned positive. OBV also has been increasing corroborating the accumulation. A lot of fundamental updates and releases will be coming in the next few months. Note: This is not...
Looking at the 4H price action, the past several pumps have been occurring right after the price coming out of a descending bearish trend with the MA20 crossing over 50. It can be confirmed with sudden reversals in the RSI showing higher lows. The price has been relatively stable and bounced off a historical support recently. Expecting another pump when the...
The On-balance-Volume(OBV) has been having higher lows since the past few years signalling accumulation. Even after the several price drops the OBV has kept the diagonal line as support. Another key metric is the crossing of 21-EMA and 100-EMA. Whenever the crossing happens the price shoots up significantly (green arrows) or crashes down (red arrows). EXTR has...
JMIA has had a tough year so far however the past few months have shown signs of accumulation and also the RSI has had higher lows. The current dip in price is still having support on the trendline. Expecting the asset to go higher in Q1/Q2 2020. Note: This is not financial advise. Please do your own research.
VYGR has reached a strong support area while the RSI has had higher lows indicating accumulation. The MACD is also increasing and is almost positive. Expecting the price to increase steadily soon. Look out for the bull cross of EMA9 of EMA21. This will accelerate the price rise. The next earnings are on Feb 26.
XTZ has reached a major support level of 1700 sats and the VPVR also shows considerable buying interest at these levels. We can also see that on the 4 hour time frame the RSI is slowly reversing even though the price is going down which is hinting at a reversal. This can be corroborated with the Accumulation/Distribution indicator which shows positive signs of...
Algo is looking to make a bullish rebound. On two previous occasions we saw the price in a downward 12345 wave while the RSI was reversing during the same time and the OBV was bottoming. We may see a similar event soon with the current wave in the 5th wave and will test the diagonal support (most probably with a wick). The RSI and OBV are showing similar...
Softbank price has used the diagonal trendline as support several times. This can be seen in the OBV as well. The VPVR shows a lot of interest in the current price levels too. Expecting the price to test the trendline once more. The current decline is due to the WeWork fiasco. Softbank has proposed to take over the company. If things go well Softbank will...
Polymath saw its OBV rise dramatically across several exchanges in the past few days signalling heavy accumulation. Glassnode also shows the top 1% richest have been accumulating ever since last year. This is typical of smart money. Accumulate heavily without increasing the price of the asset. Expecting Polymath to have a massive rally in 2020. They will...
Bitcoin has been retracing ever since the 2019 high of around 14k in June. Looking back at the 2018 bottom, the RSI reached oversold region while the Bollinger bands became very compressed. In addition, the asset price was under the 50 & 100 MA while it kept the 200 MA as support. Shortly after both the RSI and BBands became more positive (expansion in the case of...
Metal just came out of a falling wedge a few months back with massive accumulation and the green volume candles have been all over the place ever since (check 4H window). The RSI has been registering higher lows showing a reversal. The OBV also confirms the elevated volume since the past several weeks. This is a 17 million market cap which just announced the...
The price of XVGBTC recently broke a resistance level. It can be seen from the On-Balance-Volume that on 31 July the price and the OBV both broke their supports but on 14 Nov even though both flipped S/R levels the price broke back down under the support however the OBV is still staying strong signalling that this is just a short consolidation before the asset...
Bitcoin has been on a correction for a few months now and has re-entered the accumulation zone (between yellow diagonal lines). Currently The RSI looks to be in a descending wedge showing a lot of selling activity lately. The price is going towards the 0.618 Fib as well. This selling can possibly be attributed to miners selling to cover their costs. The hash...
STEEM is pumping up whenever the 9EMA crosses abovethe 100EMA and crashing down whenever the 9EMA crosses below the 21EMA. Green arrows point to pump and red points to dump. RSI has had higher lows and larger green volume candles signal accumulation. Trade carefully. Note: This is not financial advise. Please do your own research.
Zilliqa has flipped the resistance and is testing it as support now. THe RSI is entering the bullish territory. The OBV has been increasing steadily signalling heavy accumulation. Volume indicators support the accumulation too. The 50, 100 & 200 Moving Averages have also been compressing. Expansion will happen soon. Currently the project is valued at $60...
VRAY has been on a downtrend this whole year however there has been significant buying activity lately. The weekly MACD is about to turn bullish while the RSI has just had a higher low and is trying to come out of oversold territory. Currently VRAY is close to its 52 week low price. There has been large buying activity from the insiders, CEO, CSO (chief...
On Sept 19 & Nov 18 ADA tried to test the resistance but was not successful however today the resistance has flipped and has turned into support following a test of 535 sats. The OBV double bottomed on 26th October and ADA has been in an uptrend channel ever since. Cardano has just released its incentivized testnet which will lead to the launch of Shelley and...