Symmetrical Triangle has formed on $DGB which is usually considered a continuation pattern. At minimum, we need 2 higher lows, and 2 lower highs which we have to confirm the pattern. Volume should decrease in this pattern as the "Calm before the storm" happens. We also have a bullish Kumo Twist on the Ichimoku and the MACD is close to crossing. Symmetrical...
XVG is looking rough. After being hit with attack after attack investors may be losing faith in the product. We have a bearish TK Cross, a 50/100 Death Cross, a 20/200 Death Cross. It may be finding support where it currently sits at about 485. CMF sell pressure is slowly starting to decrease which may indicate early signs of a reversal. If it breaks, I...
$DGB is looking to be a position to move up soon. Ichimoku is showing positive bullish signals with the Kijun starting to curve up and a Kumo twist to bullish which should act as support. Currently it is resting on the GMMA as support which may force it out of the Bullflag and up. It needs some volume to push it up and out. After resistance up to 511, DGB should fly.
Looking at the previous CMF flips on the 1D chart of $DOGE, I've mapped out the time it took from the flip before the rally began. The shortest timeframe was 3 days with the longest being 14. Today marks day "5" since the CMF flip. Volume is increasing on $DOGE and we've moved up from 47 sats to 50. I believe it is only a matter of time before we see $DOGE...
Interestingly enough, since Nov. of 2017, every time the CMF has flipped on DOGE on the 1D scale. We've seen a rally. Obviously, I can't promise that previous history and price action will continue, but I find it interesting for sure. VPVR shows a major resistance at 62 sats, but if that is broken I would expect us to rally hard again.
As always, this is pending on BTC price action, but while BTC is moving green, it's provided some life to ZRX. Also, we've seen an increase of about 15 Bil in the Market cap today. ZRX has broken into the 1 Hour Ichimoku cloud and appears to be coming back down to test it. Also providing support is the 200 EMA at this level. We're starting to see an increase in...