I like to use the descending volume as an indicator of a price move.. Grayish-white line
The distance between the deepest valley and highest peak of the triangle delimited by red and green pressure/support triangle would work out nicely if breaking out towards 65 SAT support level. This scenario looks probable.. millions of probabilities thou...
BCN is a long...
Height of the cup points to $0,026 value.. that is over 200% gain from where we are now.. Good long time entry position.. It is currently the cheapest coin on Binance since its recent listing earlier month.. I am quite sure binancians will take the opportunity and not let this coin fail. The handle is almost finished so time to buy is NOW.
IMHO.
MACD has crossed over on the Daily chart, and bounced off the long term pressure line.. Have a look on the MACD.. it's quite self explanatory..
Volume indicates some trend changes on the time line (red/green spotted lines) they corelate with the pattern on MACD and furthermore confirm the triangle pattern.
I marked HnS pattern which is currently finishing the head...
Spike in volume confirmed the inverted Head and shoulders pattern, what is next is a break out from this weeks old descending bullish pennant. GET ON in time ! I'm yet to establish target for the long term but this is a great ground floor opportunity IMHO. All the best, love Captan Furry
Now is the time to buy. Mana has nowhere else to go!
Remember also, that this project - Decentraland MANA Just finished auctioning virtual land for more than $200 000 000 worth of MANA, which they said they will burn.
Apparently Alpha version of explorable Decentraland VR is coming soon! Are you ready for virtual reality on Blockchain? Its own Vegas city,...
This chart is showing us a fractal!
Double embedded Cup'n'Handle that shot YOYO up 280% in less than 2 days in the beggining of DEC.2017 is about to return in a fractal form of itself.
We can spot the handle is almost finished on the LARGE embedding Cup. Will it shoot UP in the same manner as before?
We saw a growth to a DOUBLE of both cups' depths...
Current impulse wave is to finish the small embedded Cup.. expected consequent rise would complete the formation of a LARGE CUP and then to the moon! :D
I expect formation of a HANDLE and consequent impulse towards the Pressure Line as a continuation of a larger triangle trend.
The Long trend is beautifully embedded within a Sine Wave womb and about to hatch on the first weekend of 2018.
My plan is to benefit from short position on impulse towards pressure line and eventually on long position after price breaks...
