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Huobi

MXC/BTC: Is this the most bullish chart in crypto right now?I've been watching MXC for a long time. Recently played some of this rapid rise but ended up taking profit too early. Well look who has a second chance. I don't normally use anything lower than a daily chart for coins on Huobi because they can be illiquid and spiky. But zooming in from the daily for some detail I was struck by how much this coin really seems to want to go up. Look how it hugs the 8 EMA, grinding up and knocking again and again on resistance. And why does it take so much force? Because this is a weekly resistance back from 2018: This resistance is easily the strongest in its chart, certainly now we've flipped the previous strong resistance zone at 7500. Above here, we have a couple of resistance zones but not strong ones. And look at the VPVR - all the volume is below. Clear skies above. In terms of fundamentals, the project announced a partnership with the Sichuan government to help build their IoT infrastructure last week. I don't know how important this really is, but the market reacted pretty hard. In summary, lots of potential upside left even after the recent huge move. Trade safe!
MLong
by SimpleCryptoLife
3
TROY TRADE - JP MORGAN ALIKE! above 400%+++ GAINSWOW..I'm so surprised not many people know about Troy yet. Troy is integrating with ALL Exchanges for trading by attracting brokers and traders to their platform. Troy is helping exchanges with liquidity, Binance integration has completed, now has Huobi and many others. This is a potential Mid-Cap range coin. Right now it is only 10Mil MC. this can easily go to 100Mil Market cap. an easy 10X IMO! What a gem! Looking at the Weekly chart for Troy. The moon is still far away and we are still at the bottom. im getting in.
T
by meowoao
4
BTC final shakeout + Hash Ribbons buy signal= 14000$? when?A few days ago, I made several btc long-term trading charts Now, I wanna provide one more bullish idea using the Hash Ribbons indicator (Hash Ribbons indicator is what I saw from another analyst, it is quite interesting!) Let's take a look at the past performance of the Hash Ribbons indicators 1, On May 10, 2012, there came a buy signal 2012-05-10 buy signal appeared, btc pumped 38%, 41 days 2012-06-22 buy signal appeared, btc dumped 10%, 7 days, then pumped 174%, 50 days 2. On February 04, 2013, buy signal appeared btc pumped 1191% directly, 64 days 3. On January 29, 2015, another buy signal appeared 2015-01-29 buy signal appeared, btc dumped 13%, 8 days, then pumped 41% (price is below ma200) 2015-05-02 buy signal appeared, accumulation. (The price is below ma200) 2015-06-16 buy signal appeared, btc broke through the MA200, pumped 36% 4. On June 01, 2016, a buy signal appeared btc pumped 101%, 125 days 5. The bargain-hunting signal appeared on January 11, 2019 btc dumped 10% first, 28 days, then pumped 316%, 138 days 6. The buy signal appeared on December 27, 2019 2019-12-27 There is a buy signal, btc dumped 5%, 6 days, then pumped 53%, 41 days (try to break through ma200) 2020-04-25 There is a buy signal, btc pumped directly by 35%, 12 days (try to break through ma200) 2020-07-12 The buy signal appears again. According to the above analysis, btc is likely to show a pullback between 6-15%, and then pump 30-200% or even higher. When the price runs above ma200, we can expect stronger increase! At the same time, according to my last point of analysis, the future pullback target is in 8700-8400$ range, which will hit bottom at the end of July. No matter how I look at it, I am optimistic about the long-term btc market, and I even started to pick up more near 9050. At present, the position pressure of btc9400$ is still very heavy.I personally hope that pullback first and then pump, but the market is unpredictable. Paying attention to the trend in the next 2 weeks, that is the time to win the initiative of the market outlook.
BITSTAMP:BTCUSDLong
by Biduoduoduo
9