On hourly candle stick chart Green 50 hourly moving average is about to be tested.
Day candle stick needs to close above the 20 day moving average to go Long. (Neutral)
Nobody knows and it's impossible to know where the lowest price will be. When price breaks above the 20 hourly moving average and the 200 hourly moving average this is an indicator that the market is in the beginning of an upward trend.
Looks like we got a crossover of the blue 20 hourly moving average and the green 50 hourly moving average. She still has to do a test of the red 200 hourly moving average.
The blue 20 hourly moving average possibly may crossover with the 50 hourly moving average. (No stops, no margin and if down buy more to get a better price)
Can buy at lows. Strong support @ .2690 Price still below 200 hourly moving average. (Buy)
Weekly trend based off the monthly higher lows trendline: Following the trend she could hit .26 and go up OR continue downward to .23 and then possibly continue upward. ( No stops, no margin and if down buy more to get a better price)
Do you think based off of this chart analysis that something is going to happen on Oct 14th? X marks the spot.
Will see if support holds @ .26. (No Stops, No Margin and if price goes down buy more to get a better price)
Possible projection to .2210 area: Based off of the support areas on the monthly.
On the monthly candlestick chart the resistance is .3375
Possibly at the end of Sept, currency may breakout to the .40 area. (Buy this currency with no stops and no margin)
After price goes above the 200 hourly moving average this indicates a trade to go long.
There is consistency with the 20 day moving average trending with price action: When price goes above the 20dma the currency trends upward. And when price goes below the 20dma the currency trends downward.
#1: Buy / Win above the 200 hourly moving average. #2 Buy / Loss (If sold) above the 200 hourly moving average. (If wrong hold on to trade and buy more to get a better price)
Cryptocurrency is doing great in the past 8 months the currency started below .01 and now is nearing the $1 mark. (Buy and hold: if price goes lower Buy more and get a better price)
Before buying currency wait for price to go above the 200 hourly moving average: (Hold)
Short sellers got squeezed and a test of the .30 resistance area indicated by the blueline.