I honestly couldn't believe what I was seeing. EOS is tickling a long-time hard resistance at ~.0005400...the last THREE TIMES it did so, we saw rallies in the 3 digits!! The rest of the year could be HUGE for EOS if it can close above that RESISTANCE on the 4 Hour
We've seen some NICE price action on MATIC NETWORK over the last couple of days. 70% up from recent low of .00000118 BTC a little over 3 days ago. Traders are enjoying this ALT SZN ride. Looks like we have a trend reversal on our hands as I'm observing a higher low (HL) and a higher high (HH) from recent lows and highs. Price has little issue breaking through...
Since the beginning of the month, Theta has been testing a lower resistance level at .000021 and an up bound at .000026. I believe it will bounce of the bottom resistance again this week and test the strength of the upper resistance over the course of this week. MACD line trending upward to cross over the signal line.
This is for educational purposes only and is...
This is a 1 week theta long. Theta testing waters at .000021 and .000022. This fourth bottom could be sign of a final bounce from lower support zone. MACD oscillator currently with the signal line above the MACD line, but two lines looking to converge soon.
Closing triangle pattern could indicate a breakout shortly. Currently the ROC & MACD Oscillators are indicating the same pattern as the price trend (upwards), therefore convergence...a buy signal. MACD line cross above the Signal line as well as the ROC point upward are both buy signals. Let's see how this over night trade would play out. This is just charting...
Looking at 4 hour candle sticks, I currently see that THETA is testing waters between .000023 and .000021. The MACD line is currently above the signal line, but closing in on crossing below the signal line. The relative strength index is also pointing lower to the high 40's indicating some selling pressure. I would wait to a 1-3 days for this to bottom out more...
