EDO/BTC broke out of a long down channel and made a high of 32k sats. After doing some correction, the price is moving up back again and we can see a short term break out which can continue the upside trend. RSI has turned bullish while MACD is also showing a bullish divergence.
TRADE SETUP
BUYING RANGE : 31K SATS AND BELOW
STOP LOSS : 27K SATS
TARGET : 36K, 42K...
PPT downtrend looks like it is pending a breakout and has also formed a falling wedge, a very BULLISH pattern in crypto.
buying the breakout or local swing high, selling on the way up.
risk: low
stop loss set at hard support (lowest white horizontal line)
falling wedge (wikipedia)
The falling wedge pattern is characterized by a chart pattern which forms when...
Hi Guys.
Here is an updated video of the previous B chart we posted. The price played out as expected and we do not see this as bearish is anyway.
Have a fantastic new years and may 2018 be our best year yet!
Ascending Triangle was broken last night with a big sell-off. Price declined sharply and found support at $8.61, a previous support level.
The Bollinger Band also provided support and price is not trading above the BB Midline, with another tag of the resistance level at $9.71 possible.
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Today, 13 December 2017 OmiseGO marketcap is 1.1 M
Expecting OMG between 8th and 6th on marketcap
this would mean ---> marketcap: 5 - 10 M
price --> 5x to 10x from today
Because of the significant Low on the Volume on the Head and the upcoming retracement Bitcoin will make in my opinion because of the holydays and the CME Futures lunch it is possible.
The following days will show :D
Hi traders, I hope you're all having a good start to your weekend.
Here I am analyzing Stellar/Bitcoin on the 1D chart.
Price recently had an impulse leg, and a small correction, and has now continued to the upside (See chart for details). I am expecting if that price breaks the resistance zone, that price will go to the highs.
There is a few scenarios for...
