the upward channel is clear. lots of higher highs and higher lows. At the same time you see lower highs in de last 3 days and a pennant is forming. The RSI indicates oversold 3 days ago and it bounced nicely of the support trend line. RSI is showing strength now, but not overbought. Usually trees stop growing at some point, but in this case there is some upward...
This project has been near and dear to my heart, so yes I'm biased. That's why I made this chart to justify me being long at this moment. the uptrend and the fib levels are clear and the fundamentals of this project is just amazing. Not sure if this is true, but the ICO was sold out suddenly due to an enormous purchase by the same people who invested big in...
Weekly channel is still holding strong and 3rd leg up is about to form. Channel is wide enough for some nice action. Solid project.
Upward channel, and nearing the 0.382 fib level for the 4th time No financial advice, just stating the facts.