Early days for this coin but things currently look Bullish given these indicators. I grabbed some from Bittrex just now. Looks good after this correction and the rest of the coins moving upwards right now. money bound to flow to Verge soon.
Part 2 of my indicators on the 4h for BTC. ALTS are falling fast, ichimoku support line on the bottom of the cloud is the correction target. it coincides with the 21day MA. BTC prediction to correct at the ichimoku and start the bull run finally. For those that held tight to help support BTC i thank you. a tip from a noob: Remember to diversify your coins so...
The rsi is low, the Bollinger bands are widening. MACD is also low with a huge divergence. All these things along with my second analysis today tell me the 4h is very Bullish.
4 hourly looks to be shifting bearish today as the market gets used to the CME futures and prepares for a bull run to match futures 20k opening price. monitor the 4 hour MACD for signs of bull run beginning. once the BLUE line on the MACD turns back up its time to buy. switch back to the daily and expect a quick rise from then on to 20k. Hold tight and enjoy the...
I think the market is running out of steam as the MACD reaches all time highs. Wait to test the 20k level. wait to see what the CME futures will do. Wedge passes the 20k so it seems to be the target rather then 25k or "TO THE MOON" projections. If 20k fails we will see a small correction and a retest. Hold on LONG until we know what the 20k does. seems like a good...
I think the market is calming down a little until the CME futures are released on monday. monitor carefully the 20k fib target, if it breaks through we will go Bullish. If not everything will poor back into ALTS as the market shifts. i recommend holding onto your BTC even if the 20k fails, wait for a second test of the 20k as BTC tends to test the fib levels...
All indications are towards a bull market. The upswing trend here doesnt look to strong but is still on an upward trajectory, just slow. If the resistance is tested and is good we will see a big bull run. Current 'everything' trend is to ride the top of the bollinger bands during the bull runs. Unsure if you should buy now, but selling now might be a mistake....
did BTC find support at 17300? MACD looks to do a run along the signal line. Signal line looks to climb upwards which could leave the MACD to fall behind.
all evidence seems to point to a short bull run over the next couple of days, perhaps following recent non-volatile trend of flat-lining price action. Market seems nervous with the current situation and Christmas is coming, not sure if people are going to hold or cash out. the whales need to spike this if we are to see a break through or the market will shift back...
Accending Traingle, Well within BB. RSI often breaks out as it has done in the past and looks ready to gain momentum. Previous resistances were broken at the tops of the recent climb. could become support. retracement occurred already and with being in BB and breaking 1700/with RSI looking to run, I am predicting big transitions as soon as the ALTs cool down.