The volume seems to be kicking up quite a bit in the last couple months. We probably haven't seen the absolute bottom, but it is starting to look like the market cycle is nearing an end and we are entering an accumulation zone. Bollinger bands seem to be tightening and the RSI seems to have flattened out. Looking at Coinbase's volume it looks a little different (not nearly as high), but maybe there will be some last minute ship jumping there to push us into the depression phase around Q2 2019.
Not investment advice, just for fun, but good luck trading.
Not investment advice, just for fun, but good luck trading.
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Diagonal resistance line broken.Trade active
diagonal resistance lines seem to be flattening out then breaking upward. Higher highs and higher lows as we slowly move towards what could result in a Golden Cross. Too soon to tell, but keep watching.
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Break through green diagonal resistance line.Above 200 EMA.
Golden Cross looks promising.
Very possible the bottom is in.
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Hit GC and moving towards next major resistance of $360 with a potential bump along the way around $300... see you there.Note
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.