As shown in graph nice handle cup formation is being made out, I expect this move to gain at least by 50 % in coming week upon cross over at 4750 sat.
As indicated in Daily Chart , VERY GOOD CROSS OVER OF 20 SMA INTO 200 EMA, and Price is above 200 Ema , today at crossed the barrier point of 574, now at 584 may shoot now any time to reach without hurdle around 1250 sat.
JUST AN UPDATE TO PREVIOUS PROJECTION.
21 SMA HAPPENS TO CROSS 200 EMA NEXT WEEK FROM DOWNWARDS WILL GET A BREAK THRO FROM SECOND WEEK OF JUNE ONWARDS (THE AREA SHOWN BY RED SQUARE IN THE CHART). THIS VIEW IS FURTHER SUPPORTED BY DIVERGENCE LINE CHART AS IT BREAK ITS TRENDING LINE (SHOWN IN RED ARROW) UPWARDS AFTER TOUCHING LOWER 50 BASE LINE CONVERGE WITH SAME PERIOD AS OF CROSSING MOVING...
AS 20 SMA EXPECTED TO CROSS 200 EMA AROUND NEXT WEEK , UPTILL BAT TODAY AT AROUND 2500 SAT MAY TOUCH ONCE 3000 SAT THEN AGAIN WILL MOVE BACK TO AROUND 2500 AS INDICATED BY YELLOW SQUARE AND THEN FROM IT WILL SPARK TO BLAST FOR ITS NEXT RIDE UPTO 4700 SAT APPROX AS SHOWN IN RED TEXT IN THIRD WEEK OF THIS JUNE.
AS CUP AND HANDLE FORMATION FOUND AT WEEKLY CHART , IT IS ABOUT TO BREAK THE HANDLE LINE AND I SUPPOSE IT WILL SPRING BACK TO CROSS 20000 SAT. WHAT YOU GUYS SAY ABOUT IT.?
IN DAILY CHART 21 SMA EXPECTED TO TOUCH 200 SMA DOWNWARD AT AND AROUND 150 AND 160 SAT BY 15 JUNE IT IS MARKED IN MAIN CHART BY YELLOW SQUARE AND AT DIVERGENCE CHART AS WELL BY VERTICAL LINE. THEREFROM IT WILL TAKE SECOND ROUND OF UPWARD MOVEMENT TILL IT REACHES AROUND 500 SAT AND THEREAFTER IT WILL BOOM IN JAN MID 2021 TO MOON MAY CROSS 2000 SAT ALSO.
IN WEEKLY CHART FIB SHOWS FIRST RESISTANCE AT 263 AND AT THE TIME OF WRITING, IT IS BEING RESISTED AT AROUND 260 RANGE. THEN I EXPECT SECOND RESISTANCE LEVEL WILL BE CROSSED AT 382 AFTER THAT IT MAY COME DOWN TO 170 RANGE AND I EXPECT THEN BY MID JUNE 2020, THE 20 SMA WILL CROSS 200 SMA FROM BELOW ,AND THERE FROM IT WILL SKY HIGH MAY CROSS 2000 SAT EASILIY .
RIGHT NOW PRICE AT 4524 SAT, MAY SURGE UP TO 100 % LOOKING TO CUP AND HANDLE FORMATION ALMOST DONE WHICH IS GOOD INDICATOR TO FIND OUT UPCOMING WAVES. SO TECHNICALLY GOOD AS GRAPHS INDICATES. # XEM IS FUNAMENTALLY IS ALSO STRONG RIGHT NOW WITH MORE UPDATES ON SECURITY ISSUES AND IN LIMELIGHT. cryptorecorder.com
QUITE CLEAR ITSELF FROM GRAPH THAT PRICE AT PRESENT @ 1943 CAN BOUNCE UPSIDE MAY BE DOUBLE EVEN FROM THERE
#SC RIGHT NOW AT 293 HAS A PERFECT CASE OF FLAG" FORMATION WHICH IS PERFECT INDICATOR IN TECHNICAL TERMS AND THE PRICE OUTBREAKS UPWARD FROM THERE. I FOUND IT TO BE ANOTHER PERFECT CASE AND MY TARGET IS 400 SAT WITH IN TWO WEEKS TIME
# OK CASH RIGHT NOW AT 2379 SAT, AS SELF INDICATING CUP FORMATION IN THE ABOVE GRAPH BEING FORMED AT SAT 2545, A GREAT RALLY EXPECTED AFTER 2550 . TAR GET 4000 SAT WITH IN FEW DAYS
# OK CASH RIGHT NOW AT 2379 SAT, AS SELF INDICATING CUP FORMATION IN THE ABOVE GRAPH BEING FORMED AT SAT 2545, A GREAT RALLY EXPECTED AFTER 2550 . TARGET 4000 SAT WITH IN FEW DAYS
FINALLY KICK OFF FUNDAMENTALLY AS WELL TECHNICALLY RIGHT NOW BREAK OUT AT AROUND 740 SAT , WILL TOUCH SOON 1000 SAT AS RIGHT NOW TOUCH 872 SAT.
FINALLY , FLAG FORMATION AS SUGGESTED HAS BEEN BROKEN OUT AS ADVISED AT 4500 SAT, NW AT 5400 +, NOW MARCHING AHEAD FOR FINAL COURSE OF FORMING "W" AS ADVISED IN GRAPH FOR A TARGET OF 10000 SAT SOON.
AS PER MY PREVIOUS GRAPH , I EXPLAINED AND SUGGESTED TO BUY IT AT AROUND 4400 SAT ,WHERE THE TECHNICAL PART OF FORMING "W" AND STRONG SUPPORT OF SMAs AND STRONG BUY AT MACD HAVE BEEN SHOWN ON IT, NOW FURTHER A FINE FLAG IS BEING FORMED AFTER THAT ON DAILY CHART WHICH IS ON VERGE OF NOW TO EXPLODE ANY TIME AND FROM IT WILL GO VERY HIGH I ASSUME, JUST WATCH IT.
A. FUNDAMENTAL -AT PRESENT GOOD VOLUME MORE THAN 1037 BTC AND GOOD SPIKE COME UPON ANNOUNCEMENT OF GOOD PARTNERSHIP, MARKET HAS REACTED VERY POSITIVELY GOT 20 PERCENT INCREASE NOW AT PRESENT AT 4400 SAT , GOOD TO ENTER AROUND THIS PRICE. B. TECHNICAL - THE BIG "W" FORMATION IS BEING FORMED ON ONE DAY CHART AND EVEN AT 30 MINUTES CHART FOR ENTERING INTO THE...
#XVG IS STRONG COIN AND TECHNICALLY ALL SET TO SPARK AGAIN WITH FUNDAMENTAL NEWS AND TECHNICAL SUPPORT LINES AS SHOWN IN GRAPH. MAY CROSS 2000 MARK WITH IN 15 DAYS TO 20 DAYS TIME.