Judging by size of the first run to the initial high of ~.00083, it can be hypothesized that the next run will be similar in size. As it breaks through the three panes of resistance I expect it will hit its high somewhere in the middle of pane three. We are currently transitioning from pane one to two. Prism pane analysis projects a price of ~.001 Live long and prosper.
Not only does this latest move have many parallels with the first couple of spikes, it was based on big news. I've marked the crosses of the middle band for bear and bull to show the similarities. Contracting b bands Bullish cross of middle band New bottom support Of course, with crypto you never know. BTC could continue to run and alts will be down, but...
Bullish cross over the 50 day MA and 200 day MA All other crosses have been followed by major pumping. We shall see
We're looking at yet another potential breaking point in cryptos today. This time with XMR. watch for break upward at .15800
With volatility comes opportunity. Looking for similar behavior between the two boxes here for confirmation of reversal.
The past three MACD crosses have bounced slightly above/below 200 MA. Looking for similar behavior here on the fourth go for a swing position.
Looking for a break to the upside here. Set stop around 5%
Looking for a break to the upside on this channel.
It's been trading within this channel for 6 days now, with AM gap ups each of those days. Looking for a retest of 14.00 sometime this week.