Target 29k Buy 25400 - 25800 On 1 day chart 3 out of 4 technical instruments point out towards a bullish scenario On 1 hour chart it is not totally clear but it seams that 29k is not a very far reached target either
According to a previous and bigger pattern, CVC might reach 11300 within 24hours or so.
After this Beautiful rally boosted by blockmarket desktop price Will surely drop until: 1) 6079 Entry Point for long 2) 5072 Entry Point for long Currently it looks like 5072 is more probable to happen Happy Trading
Currently Maidsafe is in consolidation phase, it could within some time reach a low of 17k before starting its natural and steady growth to at least 23600 again
Chart is self explanatory
Scenario One: Early and direct breakthrough with price revocery Scenario two: A slight fall to lower support line followed by accumulation and then boom
I don't see any other scenario right now rather than the upwards one. Currently stellar is accumulating in between the 2 support lines If it where to fall bellow the second support line, well maybe it could fall into oblivion...
IF there is no price breakout in next 1-2 days then never... LOL RSI dragging and under 6 since almost 1 month Price to the lowest it could get, i doubt it could go any lower
No Comments i think the chart is explicit enough and just an approximation
Steem looks like ready for a third round On the chart look at closings above the 2 upper green lines (672 and 775) for bigger upward movements Some resistance at 7289 Targets: 775 899 100k New ATH to be mentionned if this scenario turns out to be correct My analysis is also based on the 2 previous patterns which indicate that clearly if things don't go wrong...
Currently price can fall a little more to approx 496 then consolidate sideways with little ups and downs around 496 Then in approx 5-6 days new cycle will start with a target in my opinion at around 1K.
For the time being following previous FCT patterns, and following the previous growing half of FCT patterns i deducted the way it could reacted in it's descending phase (i believe it is in a descending phase). Just follow the red pattern to give you an idea of what to expect more or less
I expect ripple to take of soon. There is also news from 2 korean exchanges which will accept ripple as soon as the 15th may and the other soon but without any specific date yet.
Buy @ approx 3600 Sell: 1) 3900 2) 4480
Looks like steem is ready to soon go for a next upward move
Looks like Litecoin reached it's low, and is up for a upwards trend for the next week or so.