there probably will be a movement between the MA's. After the interaction with the blue line i think there will be a bounce up to the red line which IMO alts will follow. Check out my previous ideas
It's simple. Before any significant pump we have to see el final grande. IMO we'll find bottom at around 30$, which is also a long therm support level.
Retest at resistance then 2.10$ (Movement similar to most of the coins right now)
Strong interaction with the blue line (55MA) IMO will bounce from it and will pass thru the resistance (red line ) but i don't think that it will break the pennant formation . So the mid to long therm target is around 30 cents.
A lot of white (green) candles recently. The 55 MA is acting as a resistance (we saw a fake breakout with the pump to 160$). Short term target around 110 USD. www.youtube.com
Completed the first part of the cycle (motive) its time for distribution.
We saw a nice rally before the final leg down. Hopefully I'm wrong but we haven't seen the bottom yet. Bottom structures are rarely V-shaped (and extremely rarely after an 1 year bear market. It's silly to think that people will magically start buying after an 84% price decrease. However, there is a lot going on on the stock market right now, which a lot of...
Actually 2.8k was very popular target for the end of the cycle.
Currently we are in the bottom of the channel and it looks like we have found a stable bottom and the next target will be upwards. Similarities with the last pump.
We haven't seen a good XVG pump since April, it's probably a good time to reinvest in the project, having in mind the strong fanbase and the past pumps (12.17; 04.18). Currently we are in a penantish pattern. If we take a look at the MACD in the weekly chart, we can clearly see that the lines have made a cross, which is generally bullish. The coin is...