Price movement thus far has been very predictable.
We keep testing this support which is worrying. The more we test it the weaker it becomes.
Self explanatory chart. Whole market had a flash crash and now its recovering quite quickly. We are basically at last weeks prices more or less.
Just a matter of time. I have bought a huge amount of these coins. Cyrpto.com and FTX are the 2 fastest growing exchanges but Crypto.com is much more tailored to the everyday user with the best mobile trading app. You are able to transfer your coins between all different CRO platforms with ease. Hopefully we continue moving along this trend line. This is the...
A sad site to see. Nobody can tell if we are going down still, moving sidewards or trending up. Now is the time to just sit tight and wait.
Very strong support here. Not long now before a decisive move is made. Ideally we want to get back above the 50day MA but the overall trend is a much more aggressive bullish trend overall. Thanks.
If we break the following resistance line on the RSI, then we can start thinking about a change in trend. If there are a lot of leveraged shorts currently, then the RSI will show the accumulation is picking up steam before the market starts to move in a bullish momentum again.
Hey guys. Just wanted to give some input on this market. You tell me your thoughts based on what I have posted. -If you look at this chart. It supports the argument that the market has been way over leveraged. With regards to the current bear situation we are in.If you look at the daily chart, one could have foreseen this drop. I for one expected it but not to...
Look at how this has held from 11 March last year. I do not see this changing especially during this hyper bull cycle thats coming up this year.
Also note that the price is also staying above the 50day EMA on the 1 day chart. Lets see how it plays out.
All things considered ETH still hanging on. Price still maintaining its bullish trajectory. If altcoin season does come this one should really shoot up with 480USD being the 1st major resistance on the 1day chart.
Very positive indication of the overall trend to be bullish for LTC for a while to come.
Notice how the sellers are slowly losing steam. MACD is ascending, which will lead to an impulsive upward movement. -The price needs to get back above the diagonal trend line and then continue its upward movement with good volume. That will lead to the 50 EMA to cross the 200 EMA which will confirm the change in trend. This is a good project t which always...
So the 50 day MA has crossed the 200 day MA. Good volumes coming in. Very positive signs. Bottom is in and were moving up now.
Its already up just over 9% at the moment. This coin has potential for a very long upwards trajectory. The long term acsending trend line is still intact. MACD has also moved in the same fashion. Price is moving within an expanding triangle.
Looks like we will be moving up soon if we are not already. Heavily oversold. MACD starting to turn on the 1 day CHART. 4 hour chart already confirms we are moving up. Movement should get a bit more aggressive once we are out of the negative levels on the histogram.