Bitcoin has moved down substantially from the high and may have reached a bottom. I use MACD and ADX but not in the conventional way.I use them to indicate how close the move it to exhaustion. I do this by looking for MACD below the zero line and the ADX above over 30. Preferably well above 30. And a volume spike.
Eos has broken out over old resistance and has come back to retest it. Old resistance has now become new support. Seems like a good entry point to enter or add to positions...
Litecoin LTC - Nice correction after huge breakout on huge volume. Great place to enter a new position or add to your position. Great year ahead for ltc in my opinion. Also Note the Break in trendline is a bullish sign.
TENX (PAY) has broken out with a nice volume spike. Im in and expect a nice move to be imminent....within 30 to 45 days away. TENX (PAY) has broken out with a nice volume spike. Im in and expect a nice move to be imminent....within 30 to 45 days away. BITTREX:PAYUSD
Chainlink (LINK) Has broken above resistance on pretty decent volume. More importantly, the pullback was on much lower volume showing people with strong hands are holding on. Old resistance area was tested and is now new support. Add to this a great team with great project and a move maybe imminent.... few days to month. Much depends on overall crypto market as...
Quantstamp (QSP) was showing strength all day today in the face of a weak crypto market. It broke over resistance and retested support. (4 hour chart) Volume was also decent. I think QSP will make a nice move over the next few months.
Quantstamp (QSP) has broken out on decent volume. It has then come back and tested support. (old resistance now support) I like that it was showing strength relative to the weakness we say in the market today. May be ready to move over the next month.
STATUS (SNT) BITTREX:SNTUSD Second breakout on nice volume. Pullback to former resistance on low volume. Move may be imminent- 30 days or so.
Looks like CIVIC may be getting to make a move up. CVC has lagged behind many other cryptos and may be about to make its move.
I have watched many cryptos move after simple breakouts with higher volume. A technique that used to work on stocks many moons ago but has since stopped working due to all the bots and manipulation by the market makers. DNT is poised to move.