support on the 12h cloud, macd and stoch showing strength, waiting on volume. looking like its accumulation for now, but an alert to catch this will be worth it.
seeing what happens here, 12h macd is pointing up now showing some strength, has bounced off the fibs and closing on the cloud here. if it all goes well we are looking at a 90% trade from current price to ATH.
waiting for MACD to turn then we looking good for another run. coming back to the mean atm. expect it to get sideways on one of the supports
looks like it has confirmed the 1.25 std dev as a bottom for now in the channel.
update to retrace lines for support. still waiting on btc like the market in general.
MACD and RSI pointing down on 3h charts, looking for buys in the green boxes, tier these and keep an eye out on btc movement. standard pitchfork channel to confirm range fib levels for retracement and fib extension for point 3.
looking at a solid opportunity to get back in on the ground level and ride this bad boy upwards.
I think i was a little narrow on the channel drawn so have updated this for now, still looking solid atm.
will it follow the current trend line on the 1/1 or drop back to the mean trendline at 1/2. lets find out after these messages from our sponsor. LOL- just kidding. 1d RSI showing strength and MACD pointing up on the remainder of times so looking to run unless the elephant in the room takes a dump.
looking for the bounce here to confirm the channel although imo this is already confirmed so we are looking at a point 3 here.
so, btc stoch RSI, oversold on 1d and 2d, 4d and 1wk, 12h has strength with room to grow, 6h and 3h peaking at overbought, 1h nearing oversold. BTC MACD, 1wk nearing trend line so if it drops further its a cross down, 4d and 2d crossed down and pointing down, 1d flat at the bottom, 12h pointing up, 6h and 3h crossed up nicely, 1h looks to be bouncing off the slow...
looking like a buy here, using modified pitchfork for channel, gann square for time frames, triple fib lines and historical resistance to map timeframes and targets, RSI and MACD looking decent here. All going well this should run unless BTC takes another dump on the competition.
RSI is looking good on longer timeframes, waiting for volume increase and then looking for an impulse back to point 5 over 270 hours.
MACD squeezed, volume trending upwards, stoch RSI just flipped to upwards and was nearly oversold, fibs showing levels with each being 7-14 days per wave expected. BTC not factored.
despite btc pivx has stayed well within its range, looking to break out of the range and rocket up to a new ATH. it it breaks .099 on a 6h and 12h candle then we are gone imo.
Looking at a fractal repeat pushing to new ath on the next wave. i believe we are in an abc from wave 1 right now. neo has huge potential with new and established chains moving from ERC to NEO tokens for ICOs. Interested to hear your own thoughts though. The sharped trend is the current one, the bottom one is the long term trend. prior deviation was over 300%...