MonetaryUnit has established a strong bottom at 1270 satoshis level. This support has been rejected multiple times, nevertheless, MUE/BTC failed to break lower. At the same time price stays below the downtrend trendline as well as 50 Moving Average. MUE seems to be trapped within the triangle pattern, and at this point there is no confirmation of the price moving...
I'm a big fan of Wyckoff and his theories make it so easy to play out stocks that have bottomed out. It's simple, buy coins that have bottomed out, are not making any further lows, but aren't really doing much either and have picked up their volume, because then, cause > effect, meaning a change/reversal is imminent MUE meets all 3 criteria. 1) Low volatility 2)...
We are for a long time at a strong support level Buy zone: 1400-1500 Targets: 2100 2500 3200 Mid term
You have to be there soon after breakout;) Targets: 0.00002266 0.00002838 0.00003300 0.00003762 Stop loss: For now 0.00001200, After reaching targets use previous target as sl
MACD 1h,1d - looks good 3h seems to reset Stoch RSI 1h, 3h, 6h - looks good Ichimoku 1h - trading under the cloud 6h may touch the cloud 1d trading in the cloud everything on 3d and 1w looks promising will buy on wave 2 and sell at previous resistance levels
Key things to note from the chart: - Price has challenged each Fib level respectively - Price hanging between 100 Day MA (support) and 200 Day MA (Resistance) - Market patterns show substantial moves every ~50 days (vertical lines) Entry would be relatively safe at this level with decision time (1/6-1/7) right around the corner. If my picks help you out, don't...
Take this analysis with a grain of salt as it is just an idea. I was surprised to see the price maintain a somewhat sideways trend despite the attacks this summer so the hodling continued. Any feedback as to why you believe this asset is crippled and fundamentally lacking would be greatly appreciated. Thank you.
Long term trend at 3000. Pitchfork pattern shows target around 5000 in mid-september
With Bitcoin's recent rise to about $4000, we can expect a new alt coin season. In fact DASH and ETH have already started, as well as BCC. Masternode coins have always been especially susceptible to pumps because the whales that own the nodes need more transactions to produce more money. Recently we saw all master node coins pump, and along with "platform" coins,...