BlockSafe Correction UpRecently Triggers has found the low at $0.48 where it has rejected the middle trendline of the descending channel. The RSI oscillator showed a heavily oversold condition which could result in a corrective wave up. The RSI also broke above the downtrend trendline confirming the potential reversal or correction to the upside.
The support at 227.2% Fibonacci retracement seem to be broken, thus it is too early to speak of the reversal at this point, but the correctional move upwards should be expected. TRIG/USD could reach the nearest resistance at $0.87 in no time, but only break above that resistance might confirm the beginning of the uptrend.
At this point short consolidation period is possible, but only a daily break and close below $0.48 low would invalidate bullish outlook and send price lower, towards the next Fibonacci support at 327.2%.
Blocksafe
Triggers due for a bounce?I think it is time for a bounce here, followed by a break-out in the coming weeks. Long-term hold here.
Fundamental Analysis includes "Details of newly acquired patent blocksafe acquired will be shared next week by @Blocksafe via $trig Blog blog.blocksafe.network as well as an introduction to the Blocksafe MasterNodes suite. Suite of Masternode software licenses & roles each are charged with on network."
$SFOR Strikeforce Technologies; Penny stock watchSFOR's main product relies on unique company-owned patents which built their GuardedID/MobileTrust encryption software (zero-day protection against key logging). They've also created subsidiary Blocksafe Tech to capitalize on the emerging crypto/blockchain market space. Share supply is high, but there is hope for a buyback with increased revenue. One to watch and maybe gamble on.
TRIG TOKEN (TRIG/BTC): New attempt to get new highsTRIG is bullish again. It started a good climb in november, but new highs in BTC dumped most alts including this one. Enter now with targets 11.9k and 16.6k (though the midterm targets are higher). You can take the 20 Moving Average in hourly chart as stoploss (it worked perfectly in the last breakout).
Hey $TRIG, Don't I recognize you from somewhere?$TRUG showing the same pattern as before, it looks like this was the pump but get ready for the moon!
$TRIG Cup and Handle @ 1h chart$TRIG shows a nice cup n handle in the 1h chart. After a lot of bleed in the btc bull run $trig bounced back and it's looking like a continuation. Fib resistance is at 14842, will be interesting to see if we can break through.
TRIG Token Possible BreakoutGenerally, it's possible that TRIGBTC may bounce from support line and increase for 15-30%, it's a nice short signal. We must carefully look at price and if 1 hour candle closes below the support line we must cancel our buy orders. Put your buy orders at 0.00022 and stop-loss at 0.00020. Also, we can observe double bottom pattern.
$TRIGTrig might be the next big thing!
It's looking really strong, and there's alot of hype and fomo going on ! Rocket fuel?
