Hope you understand me Tel will go back up again above the monthly level in few hours If u see, when the candle doesn’t open at the same close point of the candle before, TEL seems to always correct this error by going upside or downside to fill the gap Thats all. For me to start a nice run, we have to close above the Monthly resistance with 2-3 4h candle, or a...
First of all I want to introduce the DC indicator with a brief note; DC looks like Bollinger band BUT it gets narrower and narrower as you see at the blue arrow, which mostly refer to accumulation phase before a run. Now on daily chart we have golden cross again for the 3EMA (20,50,200) which indicate a bullish short-mid-long term run. Although MACD just...
Update: Lisk now broke 3.6 and 3.825 resistance Yesterday during the bitcoin dump, LSK Holded above the 3.440 support line I told u about it before and bounced back to hit the 3.6 and 3.825 For the next 24h, LSK will retest 3.825 as a support line and start its way towards 4.793-5.123 A Daily close above 3.825 will make me more bullish and excited for...
Simple analysis shows the following LSK have significant resistance lines upcoming to pass : 3.6 3.825 4.8 6.27 8.274 - important one to start the bang- 19 30 You can count this as targets, when we break one of them we will retest and go to the next. In the previous days, LSK created a good support point at 3.3-3.4 For long term, Lisk will create New ATH >80$ ,...
TEL surely is in a uptrend ! As we see on daily time-frame, we are forming Higher highs - Higher lows. As you see too, You got close-range resistance and support. If you're planning to buy, buy near support areas From my opinion, A Daily close above the P.O.C (0.01906293) point will make us start and new run to upside towards the resistances lines. Just hold...
Seems like TEL is forming a symm. Triangle For short term I think it will re-visit 0.00185 as this is the POC -Point of control- of the coin which can flip the Trend back up to break the triangle to upside For short term : I am bearish till we visit the POC For long term : I think the triangle will break to upside. You can buy/support from the POC which is in...