Just practicing some technical analysis on this chart to see how good of indicator the uniformity line proves to be. Uniformity line seems significant. 100 moving average seems to provide significance as price action tends to dance around that area.
Shown above is price action movement to the downside. A major support lies in the 0.0024 BTC neighborhood. MACD has crossed the 0 line and volume could pick up around this major support. Keep an eye out for this one to potentially bounce off of this support band.
IOTA Price action facing top side resistance. RSI continues to flirt with trendline as we continue to pullback from fresh highs of ~$1.10 in mid-August. Watch for above average volume especially if MACD crosses zero and price action violates trendline. Watch this in the upcoming period for a potential breakout buy.
Neo forming in a bear flag formation. Massive selloff happened because of news and we had above average volume, a big break away from the resistance line, MACD double touched the 0 line. Watch for a signal if RSI breaks trendline.
Ethereum and the whole cryptocurrency markets are experiencing a pullback partly due to news of China banning ICOs! For goodness sakes, the entire point of cryptocurrency is to keep government away from our monies! Being my first technical analysis chart, I don't expect it to be great but would love feedback as I am always willing to listen and learn! Ethereum...
