RSI is overbought. Should bounce off 200 MA then recover and break through 200 MA.
Good news and following larger crypto market. Just broke downward trend and following moving averages up.
Waiting for bullish candle to close above upper trend line.
Details on chart. Big squeeze and ready to bust out.
Watch for bullish candle to close above key resistance long-term support at $154 to go long, which coincidentally intersects 200 MA. Big news coming with blockchain technology.
As long as key support not broken BW should continue upward trend. Watch for break above $7
Could be forming an inverse head and shoulders. Look for break above or below $1000
Currently testing longterm S/R at 1.08. Upon breaking that we head to 1.20 then fill gap to 1.50.
Watching for breakout of descending channel. Nice bounce off 200 MA and several tests of channel.