AS YOU CAN SEE WE HAVE ALREADY BROKE OUT ON THIS CUP AND HANDLE VERY NICELY. i HAVE BEEN FOLLOWING THIS FOR A FEW DAY AND JUST WANTED TO SHARE IT BECAUSE I STILL THINK IT HAS A LOT OF UPSIDE POTENTIAL. BUYING IN AT .00043840 AND SELLING AT .00056114 IS STILL ABOUT A 20 %+ PROFIT. BUT YOU BETTER HURRY. THIS ONE IS BREAKING OUT FAST!
Short on time so I will make this quick. This is just something I noticed while looking for some potential big gainers. The chart pretty much explains it all and I think it if very likely to happen the way the market is going. Hopefully a few of you will get in with me and make some quick cash!
So I've read a lot of published ideas saying that there is an inverse cup and handle here on the 4 Hr. chart and I can't really argue that is appears that way, but if you look it appeared on this chart before and never transpired. If it had per cup and handle calculation it would have sent BTC to zero. But it didn't. On top of that you have a bullish divergence...
I hate to be the bear of bad news. No pun intended of course but NEO seems to have created a very long bearish flag pole and if the said calculations are right this could go plummeting very soon. Don't get upset if this is not what you see or what you want to hear but this is what it looks like to me at this time.
Looking at the chart today i no longer feel this is a double top pattern since a candle stick finished above the neckline and we seem to have been in a consolidation phase for the past few days. This looks like a typical bear flag. My price target is anywhere from 6500-6700 based off the previous trend line and the bear flag calculation but only time will tell.
Looking at the 4 hours chart you can see the has CCI and the ADX have both shown a momentum shift coming over the last few days the only thing I was waiting for was the timing of when it was going to happen. First indicator that confirmed this was the Skoch RSI followed by the MDCD. These momentum indicators are moving up fast now. I also want you to notice that...
I am fairly new to this but have been doing my research and just wanted to publish my first prediction to see how I do so take it with a grain of salt. This is only for educational purposes. Mostly mine. LOL! On the 4 hour chart BTC appears to have made a clear double top as we have now passed the neckline. Not sure if it means anything additionally but I also...