While most of the major cryptos are still trading in a range, there are still a few that peaking above the Feb 24 highs. LTC flag out as predicted and continues to move higher. BCH also now playing with the Feb 24 high on volume.
A potential setup could be long break of Feb 24 high (158) on volume with stop at 120 and a target of 239. To improve the risk /...
This week'S 2dMoon game involves the following five coins:
Average True Range Percentage ( 90day )
BTCUSD 2.67%
ETHUSD 5.63%
ETCUSD 5.33%
EOSUSD 7.65%
BNBUSD 11.36%
ATRP is used to measure volatility just as the Average True Range (ATR) indicator is. But ATRP displays the indicator as a percentage, to allow for securities...
LTC leader
ADA and IOTA both cheap but going in opposite directions
BTC too expensive to make a much of a percentage move compared to the less expensive currencies
XRP small daily range, indicating either accumulation or dead money
Notice price action from last night. Price flash crashed and immediately bought back showing that buyers in control. Taking the context of Ethereum hard fork and that dump was due to this reason, the smart money who bought that crash is in control so this is just a pullback before a major breakout higher.
Case or price move higher:
1. Doji bar bounce on volume...
ETH seems to be forming somewhat of a base. Volume is tapering off after the huge volume dump that occurred about month ago, but I still remain very cautious in ETHUSD for the following reasons:
1. Still below the 200ma.
2. Still to display an ignition bar. Most daily volume bars are still selling with no clear sign of sustainable buyers.
Thus, I'm looking for...
