NEO is approaching a potential reversal point and looking to resume its uptrend – - Trading in a descending wedge - Bullish divergence on RSI - Volume has been dropping off and now extremely low, about a third of the monthly average Pointy end of wedge converges with a number of key areas - - Long term log trendline (in pink) - .618 fib retracement from recent...
Verge is looking very strong in the lead up to an anticipated announcement on the 17th. During retracements in this run on the 4hr chart its been bouncing off the 20ema and 50.00 on the RSI Buy range - 1100 - 1200 sats, I will be looking to buy when RSI hits 50.00 on the 4hr chart Stop loss will be set at 1090. Targets (previous resistance/support/fib...
A quick logarithmic chart for future personal reference. Should be visually self-explanatory.
Like the look of DGB. Prepping for its second big run in this cycle. Looking for a strong breakout of the descending wedge backed by volume. Think the likely scenario is it bounces from the .236 retrace, however is currently testing another strong support level at the 280-300 level and could reverse here. This chart is purely for my own personal future reference....
OMG appears to be trading in a channel since it formed an uptrend in December. Looks like the bottom trendline of this channel is currently acting as support. During the recent downward movement the 20ema has been acting as resistance, and along with the 50ema has previously been support in the upward movements in this channel. OMG is currently getting squeezed...