The price movement we've had in the last few weeks have been phenomenal. I feel now we are heading towards a turbulent time.
Both 100 and 200 SMA sitting around the the $8000 mark, and whilst we've been rising in the past few days, the volume is diminishing. Personally feel its overdue a pull back to at 7.2K before any further movements.
We need a heavy amount of...
We've had some lovely movements when touching 30 SMA which currently offering to the upside, also the 0.01 price has shown a great deal of support.
Whilst all of this makes me bullish for DASH, we need a strong amount of volume to break a tread line that has held since 2018. Coming up to an event such as the BTC Halvening.
Although bullish, I feel that the...
Lower highs forming a trend line that has been bounced off quite severely, also backed up by a bounce off the 30MA. Could see a drop to 100MA which may give support as it has in the past.
Definitely overdue for a pullback
Prices seems to be garnering support along the bottom of Week timely frame channel and the current upwards trend line on the Daily . Could see a move to the top of the channel within the coming days or weeks if strength continues.
The weekly chart on BAT is showing a nice bounce off the bottom trend line, may see it move towards the top of the range towards 0.24 in the coming weeks/months. Lets see.
We've got some support on the 100 SMA, if we see a move up, we could see a potential head and shoulders pattern coming if there is a failure to break 7000 and hold above it.
A break below 6700-6650 (Orange Line) could see further downside towards the support at around 6200 (Green Line). I think we could see negative markets coming out of the weekend which may be a...
Despite dancing around 6250 level for quite some time we saw BTC drop to support at 5850, which was a previous resistance point previously this year. As the price movement jumped through the trend line to the downside, I am more skeptical of the recent uptick in price. The trend line is still in play in my opinion and a move up will only come if it shows strength...
Looking for a drop down to the blue 100 hour MA if it cant get above 7000. Would hit perfectly along with the drawn trendline. Break of green line could mean further downside. Time will tell.
Nice bounce off of the Black MA before and looking for the same again with a return to the green line. If held then a potential move to 0.0117 (Green box). If it fails to hold, next support at Blue 100 MA line. If broken we could see a drop to the bottom trend line around the 0.009 range (Red box). My thoughts
