Komodo is showing underlying strength on the weekly chart. 1. Buyer printed a strong doji candle, which is an good indicator for a reversal 2. Volume is slowly but steady increasing since October 2018 with some decent green spikes 3. RSI low was August 2018 and is crawling its way up 50.0 threshold where it has been rejected last time about 2 weeks ago We see...
Long time no TA. I'll start the summer season with Horizen, one of my favorite projects. So be aware, I am most likely biased. Anyway, from a technical analyse prospective, Zen is building up against BTC a classical bullish divergence since early December18. Yet RSI sitting at 55% has plenty of space to go up as you can see. The elephant in the room is the...
ETC bull cycle is coming. The last correction has ended at the bottom. Price bounced up and confirmed that support 59 days later. Cleary two strong signals for a bullish market. On the daily chart, MACD is crossing the signal line and goes bold-ish up. Volume is getting positive. RSI shows also a lot of space to accumulate.
Synero is in a upward channel as investors want to see if product WIldspark gains adoption. Personally, I see the potential of that project as attention is in the new economy the real currency. The idea of being rewarded for sharing content is old and yet not figured out how to do that without annoying people with adds. Disclaimer: I am new to TA, so I all I try...
TenX/Pay is consolidating now for about three months and becomes slowly but steady unsettled. Considering that TenX is one of a few Projects that have an actual product, I believe the PAY coin is one of the next that will surge! What me made to invest in TenX is basically, the more transaction volume the TenX credit card processing, the more valuable PAY is. The...
Investors are unsure about IOTA right now. If the immediate support line at ,000302020 breaks, the price will further drop. Next stop is the uptrend line which forms to a certain degree a big flag including the big surge. ADX shows a bearish sign at 1h t chart as red has just crossed green and is about to cross the signal line. As long as the signal line does not...
Ripple is building a massive flag on the weekly chart! Considering that coin is backed up by banks, I do not see that being a bearish one. ADX is set up for being bullish. Green is already above red and both go parallel. If green crosses now the signal line and the signal line goes up as well, we have a bullish confirmation. If MACD is going north and crosses...
KMD has strong fundamentals and is considered as a long-term investment. The previous drop got the price to the support line 26000 sats, which is a good entry point. Price is getting closer to the end of the flag and is rather unlikely that the price will further drop. ADX DI gives at the 1h a bullish signal. Yet the volume is missing. MACD is also sending some...