TA shows a pennant chart if the flagpole's length the same as the next spike we are going to see a full moon =))
its hit a support line and trying to bounce back might hit resistance and hopefully breaks out of it and reverse the trend. If not it might go down to lower support levels
short insight of some good entry points of tenx pay tokens
seems like it broke resistance and has a chance of hitting first resistance level if it breaks out it will probably hit the second resistance level
Waiting for a breakout through the triangle with buy order (red) if continues a downtrend. If it does break through the triangle we can see this continue to uptrend until the yellow box. MACD crossing signal too/
Seems like it has to test the yellow line if it breaks it can go down to the support and a buy zone too
After the dip zecbtc it hit a support level which seems would make it bounce back and go back in track with the new uptrend line (yellow) or continue to go down and follow the existing overall downtrend. It's more likely to follow the downtrend if it breaks the support level.
everyone is selling their alt coins to btc. obviously to get free bcc.
RSI 14; MACD 12,26,9; SnR Indicates a possible downtrend upto major support then uptrend if it breaks out resistance... any thoughts from this fresh community? Cheers #cryptothoughts
It's gonna continue to downtrend until it spikes up again.