broke another trend line, momentum is not strong at all, but bears are abusing the low volume volatility trading to buy at lower prices Also Marshall needs to step up a little
i see clear patterns and this graph will live long for the next month or two
The market is ranging; a bull/bear run is to be decided within a couple of weeks. Don't be fooled by the smaller triangle. According to several other technical indicators aside from my price action.. such as Bollinger bands. There will be a squeeze in the price range until the bigger triangle is broken . The more extended the market ranges, the bigger the...
Sell the news, Buy the rumours Is merge all good? That's the news, hence sell it (not now yet, eth will run another try to get to a new high, it might or might not, that's why keep levelled take profits. PoW and all the miners won't throw mining rigs for the sake of climate change. That's the rumour. Hence all PoW blockchains that stood the test of time shall be...
Useful to have the bigger picture of the stabilization
good risk to reward ratio for potential profits during the correction.
The three Blue, Light Blue, Red zones, Date back to April and May 2020. These are critical zones. Currently, the market is reacting technically Bullish to the support zones, little resistance is seen. RSI Divergence is doing well + The oversold indication. Several Price Action Indicators and RSI and S/R lines give a great bullish sentiment.
Sell now if you want to follow the trend, use a 1:2 risk to reward ration. by choosing the lowest low! Cheers!
it has to find enough support for buying power and skyrocketing at this point! otherwise it will have a very bad fall!
theres a trendline created by using the highest high against every high and the price is breaking each clearly and efficiently! this only shows hidden bullish momentum!
it just needs to break the trendline! and its losing bearish momentum
it seems like one of the first rivals of IOTA will be ethereum and technical are now confirming the bullish bias to this pair!
This is a turning point for the SANUSD, it is either bullish or bearish, it breaks either lines to decide!
NEO is about to skyrocket, its been bullish and has the highest probabilities of continuing bullish and all its doing now is giving better opportunities for entry! it can replace and surpass many coins in the 500$ range
This coin looks to me like its extremely undervalued! and lets not forget that if the Chinese start to take notice of this one, it will see nice market capital flowing into it!
IOTA has great hopes from many investors, the rapid rise and fall of the currency have scared a few investors but the concept of the coin and the functionality are exceptional compared to many of the expensive competitors! expecting a reversal at the moment, it has broken a few many trendline and starting to show clear direction
Crucial point for the QTUM and i think a currency with such values should really not fall after such a horrible day for most of the key cryptos and hopefully this isnt one of them scenarios where it ignores everything technical and just keeps falling then we're doomed with this currency and immediately sell at break of the support!