Looks as if ALGO is retesting the 55ema for the 3rd week in a row. This area of support is also an area of confluence with the trend-base fibo zero-line and the volumetric s/r line (white) as well. Everything depends on BTC, but I think ALGO sees a healthy recovery, smashes ath and goes into price discovery mode. Hopefully before spring! Goodluck!
Still on the sideline waiting for BTC to do it's thing, but dang doesn't $VET look sweet! Need a good close to the week for confirmation of retest on next fib up. I really think $VET has a lot more upside potential and hasn't really blossomed yet.
-Weekly RSI, Stoch and MACD look ready to roll -Daily price still bouncing off the 50MA support line, but not breaking out of triangle either. -Need to bring more volume in, get a license deal/partnership with someone in the States, or any kind of good news from their upcoming Investor webcast if we want the price to really move. -This is a long long hold for me...
-I feel like most of next week will be good for ENJ, maybe even play near the $2 area. -I think after we have fun next week we will experience another pull back as the market is due after hopefully beating ATH this week. -Personally don't see us breaking out of this triangle until we get some parachain/metaverse news catalyst. Good luck!
-Weekly Stoch and RSI seem a little high and want to cool off a little -Lack of volume compared to last week -I think we see another move up to .25-.27 range before we retrace again and play to the end of the triangle. -This would correspond with any of the news that are rumored to come out by EOM. Good luck to all!
-We are approaching ATH's -Price has been moving steadily up the last several weeks with lower than average volume -FOMO is starting to kick in on social media with some FUD around certain projects - Regulation shmegulation: I think short term that has a negative impact on price BUTTTTT.... massively bullish long term as I think more people...
It may be time! Is it happening!?!? MACD looking like it may melt some faces soon! The green volume coming in too RSI is only at 58 What do you think?
Weekly: MACD curling up RSI still above 50 DAILY: MACD tug of war consolidation/accumulation RSI strong at around 60 Good base formed at .238-.240 I think once we break the .26threshold we will move to low .30's quickly
RSI, MACD, and STOCH look ready to go running Price is forming a nice little base for launch Company will be breaking even soon Just a matter of some PR or license deal, partnership etc...
Hopefully repeating the uptrend like the last time the price closed on the 55 EMA Stochastic is pretty low RSI curling back up MACD took a quick dip below the zero line which has me wondering.
Think we retest 45-46k levels before we see ATH being tested again. Either way we ride that trendline up...hopefully no black swan interference in the next few months. World is crazy so who knows....just have a plan.
Do your stoch hang low? MACD lookin to get all sorts of nasty I think when the price can break that .40-.41 area we will see quick moves to the following supply/demand zones.
Stoch and RSI still have plenty of room to run MACD looks a little funky but could be part of this retest at support levels
Weekly RSI still over 50 MACD looking to go positive Stochastic turning down but still has room to move