Update from my tracking this coins move. Headed up. The EMA is crossing and th volume is building. Ill put out some targets shortly.
Descending channel has formed an inverted cup and handle. This signals a continued descending trend. Previous all time high was 66 so this is forming strong support between 66 and 80. The EMA 13 and EMA 34 show the cup pattern with little effort on my part. Once some volume picks back up and BTC settles over the next 12 hours I think we will bounce back. I...
Flag pole formation and Hammer on the 30 Minute candle. This trend will run up to 16,700 +/- before hitting a wall of resistance. Quick hitter!! Then back down I think? Ill post some targets as this unfolds. Be cautious DYOR!!
Descending channel on the 30 min chart. Possible breakout at 130 while charting. If not I believe it will hit 92 before bouncing off of support and then continue up. If volume picks up and holds the breakout at 130 then 155 will be the next wall. If it breaks 155 then 180 is the next hurdle. I'm long on Reddcoin. This idea will develop in the next 12 hours. ...