CoinsightGhost
Nexus is repeating the same type of chart movement as it did right before it broke out and made a new all time high. The most recent double bottom(arrows) are also above the previous double bottom indicating a potential bullish move, and price recently crossed the 200 day MA.
Bitcoin is in a very important area. Will it respect long term support, and continue higher?
We are right at a long term support spot on Neo/Usd here. Maybe a potential bounce up?
Looking back on a longer timeframe. If we continue to fall. We could look for some support at $8000, and if not there then likely the long term trendline at $6000.
Which way will we break? We are moving up from the downtrend. #1 acted as the original floor, #2 was the next higher floor, and #3 is the possible most recent higher floor. If this is the case, we could break to the upside. First target spot would be the $210 area. Would need to break $220 to stay bullish. If support fails here, we may fall as far as $150-160. I...
Looks like a bull flag forming on the neo/btc 4hr chart. Long Neo/btc
Will be buying nebl/btc here, with a stop around .0013400. Looks to be a nice uptrend where we can enter with a small stop. May sell a few at .0017000, but eventual target of .0020000 .Neblio has a working platform, and just released their orion wallet. Besides the trend analysis, Neblio is proof of stake, so you can stake your coins for a yearly return of 10%,...
I took a long position in LTC in the low $190s based on the $190 area which was previous resistance back on 2/14/18. We popped through it, and now have just fallen back to test this level. I see it as a buying opportunity. Am watching this areas closely though as if we drop below $185 I will close this entry as we may continue to fall to the $170 level, which...