My low buy target of .021 has hit, and my projection for DigiByte is $9.
Here is a comparative analysis, including the RSI indicator. We must remain above $5,800 for this possible scenario to continue, but if we close a 4h candle below $5,800 I would be closing out of the market. We are in a very weak unpredictable bear market currently, a tight stop-loss is a must.
Most analysts are looking at this descriptively, this is a rough map of possibilities. We could have hit the bottom, we could have not. The RSI is extremely oversold, so we should see a bounce here. At this point TA can only take you so far. Take care.
Bitcoin is due for upward movement according to the DMI & RSI levels, although still currently neutral. My current thoughts & expectations are expressed within this chart precisely. I'm expecting Bitcoin to Double Bottom, then we will see a leg up resulting in approximately $10,300, which would then result in a higher low finishing the right shoulder on the...
Clear reversal for Bitcoin. BULLISH LONG Road to $50K (not financial advice)
Wait for confirmation (red) potential profit target $30,000 tight stop-loss. Completed three-drives pattern, and rising wedge. Trade with caution as there is still significantly low volume. (trade at your own risk)
I'm expecting either a double-bottom of support, or a breakout from the bullish flag formation we are currently seeing.
Bullish divergence, potential upward movement within set resistance in RED. Wait for breakout confirmation, follow resistance.
Potential quick run for XLM, waiting breakout confirmation.
Bears are going to overtake the bears.
This is mapping out possible scenarios for Bitcoin. We can see that the FOMO is starting to dwindle, and uncertainty is starting to become apparent.
Just posting this for the CryptoCampus.Club