MOVING AVERAGES HAVE NEARLY CROSSED
TRENDLINE LOOKS LIKE ITS ABOUT TO BE BROKEN
MONTHLY RESISTANCE HAS BEEN TESTED
RSI SHOWING HIDDEN DIVERGENCE
EASY LONG CALL
LOOKING HELTHY, WE HAD A RETEST OF THE MA AND WE SPIKED RIGHT BACK UP, BUY ORDERS WERE PLACED HERE FROM THE PEOPLE WHO INITIALLY MISED THE FIRST BREAKOUT.
Digibyte is in a bullish pennant which is a continuation pattern of an uptrend
Currently it looks like we could test the support one last time of the pennant before we accumulate enough buyers to push higher
A hidden divergence is in play as my rsi is showing lower highs whilst the charts are showing higher highs, which is a good sign bullish momentum is in ply...
Bearish outlook at the moment, however we could see a reversal once price has touched the 0.95000 region as price has been bounced of it plenty of times since early 2016. If price bounces of it we could see the daily resistance as the first target.
Bullish outlook as price has respected ascending trend line on 4 previous occasions, it has acted as a significant support level when ever the market was looking for lows.
This ascending trend line is significant as it a weekly one.
bearish set up pending
very bearish signal: evening doji star- with shooting star formation rejecting t-k crossover to the downside
The momentum behind this trade provides us with a good trade confluence, the t-k crossover momentum will not be as strong as one which as has occurred within the koma cloud or below it, but nonetheless a good short on the play...
bearish set up coming - bearish engulfing on tk crossover to the downside
-awaiting price to clear koma cloud
-await Chico span to clear koma cloud and stay out of the way of price
-await koma twist
looks like a morning start candlestick formation is taking place off monthly support on the daily chart. This is a bullish reversal pattern. Entering trade once the bullish candle has closed towards the upper 40 percent of the of the bearish candlestick, and once ma's have crossed over each other on 4hr chart
As you can see we are in an uptrend. currently wave 4 has completed and we can see 5 insight. Price has been respecting upward trendilne and has failed to breakthrough it on three occasions showing bullish momentum is still there. support has been found on the 38% fib as well as daily support. we failed to break 1.30 mark but it seem like the bulls may carry...
looking bearish. Top down analysis, weekly shows a 50 percent fib retracement has been completed. MA have tried to crossover to the upside but failed to do so, showing bearish momentum is still on track. Bearish trend line has been respected. counter trendline which is acting as support during this slight consolidation looks like it will give way soon. RSI...
