Looking at where we enter a "buy the dip" It is looking close as there are some pluses to go buy. One caveat is the lack of history for S/R. so be careful and enjoy the new season.
As security is one of the hallmarks of Crypto I am watching a number security coins and one of them is Enjin Last week it looked the Enjin wouldn't start but this week it is looking like it only needs some fuel to run away. Watch for volume to increase along with the 9d ma moving into position. Watch the RSI number it may move quickly once it leaves the 30 level behaind.
Here is a quick look at tomorrows close. I may be learning about indicators and how to read them but to add some opinion and future prognostication from the tea leaves os still a ways off for me. On the simple level it appears we may be about to have two monthly green closes in row which hasn't happened since the big run up in 2017 where we achieved a 5 month...
Checking out the indicators to see if there is another move up and I think there is.
I like this chart for its potential future, it only needs one of two indicators to show up; volume and 9d for this coin to accelerate direction in a good way. Or not.
This coin seems to be a little behind the trend however there maybe some indications here that when it catches up it will be a good thing for some people.
I found this example of cup and handle yesterday but that's too boring a description so I changed it to the Duck. Having fun and learning at the same time. But to add some seriousness to this post I will likely take advantage of this move of MITH and enter a trade today. Still learning and loving it.
Most of what I think is on the chart except: 1- the two triangle lines flying off to the upper right are maybe an invention of mine but I drew then because they connected to a long held resistance point and for someone that likes asymmetry and outliers this looked rather interesting. 2- I forgot to add that the MacD did not look at all convincing as of...