If we can get over 137, there is a good probability of more bullish momentum.
Increasing volume and all bullish criteria for Ichimoku cloud met could mean a nice run for this coin. It is clear there has been a lot of accumulation at these lower levels so it may be a rapid rise.
Simple chart, with breakout already happening. Descending wedge falls to supports, leading to bounce.
Found support on last dump, and a bullish flag looks to be forming. Bullish (mildly) divergence on the RSI, and tentative golden cross on the MACD. Pointing to a bounce, but the signals are all a bit diluted to say the probability is high.
All info neccessary is on the chart. Though I'm not buying more just yet, I'm not selling my bag either!
Bullish kumo breakout on the D1, all ichimoku bullish conditions met (Golden TK cross, green (bullish) Kumo breakout, lagging span above price, clean break through Chikou span A & B. Same conditions met last on 4th December 2017, leading to a 38.24% surge to the ATH of 7725.
Bullish kumo breakout on the D1, all ichimoku bullish conditions met (Golden TK cross, green (bullish) Kumo breakout, lagging span above price, clean break through Chikou span A & B. Similar conditions met last on 4th December 2017, leading to a 38.24% surge to the ATH of 7725. VPVR shows price has moved above, suggesting area high volume activity will form a strong base.
BTC has characteristically swept the lows or highs before any subsequent move up. If this time is no different, I expect a drop to the lows of the day, before a rapid ascent to the next resistence.