Massive Bullish OBV divergence (clearer on Hourly) MACD is pinched and primed for a move upwards (clearer on Daily) RSI has plenty of room to make a run (similar on both TFs) Stoch RSI oversold on Hourly, but not super worrisome on Daily This week, OBV bull div seals the deal. LONG Also, something about Charlie coming back feels fortuitous. ______ Poloniex LTC/BTC
I think there is going to be another drop in short-term of BTC. Many new investors coming in BTC and after seeing a 400€ drop in a few minutes, are waiting for the bounce to get out. Also many analysist are talking that the bubble could pop anytime soon, and it is normal after the recent rises over 10% a day people will try to sell. LTC and most of altcoins drop...
Possbile retracement to ~1100 or even ~1000
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To join this move, if you were looking to buy now, it is a bit late. The daily chart gave a signal, but there is always risk that the miners decide to remove hashrate and that would decrease the Segwit signaling %. To activate it, the hashrate signaling it has to be 75%, it's now around 70%, which got people excited. There is no guarantee miners don't go and make...
Took me by surprise and can't believe I had already charted it. Didn't trade it cause of following up on Bitcoin, Ethereum and Monero. Where do you see this going? I see it going a bit further, at least to 0.0093. I'm going to follow this through so stay tuned.
Based on the 2 previous Weekly Bollinger 1SD breakouts we are heading for a new rally.