It is approaching a critical resistance/support fibonacci line, namely the 0.0020 price. This is evident as it has been sitting at this location for some time now accumulating volume. We have a definitive uptrend as indicated by the black trend line. The MACD is ready to go and the cloud is thin, indicating the potential for a breakout. Wait for a move past 0.0021...
-Has bounced of the strong upwards trend line yet again and broke the red resistance line. MACD is turning up and the MFI rising indicating a change in momentum. The price has broken the base line which is generally considered to be a resistance line. Hold and look for the eventual spike.
NAV coin entering a very oversold zone with MFI and Stochastic RSI. The Squeeze indcator is below 0 and indicating serious squeezing. Wait for the MACD histogram to reach its peak and buy. Should be a quick and easy profit.
-Characteristic triangle forming. There appears to be some divergence between the price and the MACD/MFI so this may be a bullish divergence. Await confirmation by looking to see if the price breaches either of the red support/resistance lines.
-Additionally the 30 period moving average and the 10 period moving average are very close together and oscillating....
Vcash bouncing of a support line formed during its initial breakout. RSI and MFI all are overbought. MACD is on the low end but the histogram indicates a bullish reversal. BB bottom hit and bouncing of. It is on a down trend so I'd sell at the top of the BB unless it looks like it's really going to run upwards based on further analysis.
It's becoming extremely oversold and is coming up to a major resistance line. It will likely bounce off the line. If it does break through it will then bounce of the upper support line. The safe trade is to now sell.
If it does break the support, you may wish to reconsider re-entering.
-MFI and RSI are oversold
-MACD reversal incoming
-Bollinger band bounce is in line with this support line
-Price just bounced of a strong support
-Hanging man candle stick
