Now THIS is Technical Analysis shitposting. In all seriousness though, SC is showing a corroborative trend with the moon phases. Using the bars from the two previous moon phases SC is showing that it might bounce between the two higher Fibs by the midpoint between the last new moon and the next full moon. Astrologically fuelled BS or something to pay attention to?
Like a thief coming back for more, SIA has broken out of the cloud and must break back in again to get the goodies stashed away in the 700 range. With the breakout at the bottom just occuring as well as being near the bottom of the pitchfork support and RSI being historically low, this might be a good entry to make some good gains in the next few days.
Here's a quick look at a day-trading strategy I've been using for NXT to flip some quick % over the weekends. Notice the fairly reliable pump pattern. If you accumulate anywhere below 6600 (preferably 63-6200 if you can although I don't know if it will go that low again after breaking out from the previous ascending triangle) you may be golden. Solid project,...
With the news of DEX a lot of traders have been waiting for BTS to jump. The opportunity might not come sooner as the 4 hour chart shows not only ascending triangle support and low RSI but also Ichimoku is showing a TK cross along with a cloud breakout. Possible big move up?
Longer term trend indicates ascending triangle, shorter term trend shows possible descending pennant. Looking like a possible breakout over Sunday –– especially with all the hype on Twitter the last few days (being added to Chinese exchange, a few cries of "next ETH in one year!") I'm personally long for the mid term, what do you think?
If Litecoin can hold above Fib retracement levels and stick to its current trend inside the pitchfork we could see another big bull run. With all the ETH and BTC FUD happening lately this could be a great entry before a possible moon mission.
Two big dumps in one night, we are clearly swimming in whale shark infested waters. However, even with hundred of millions dumped within minutes, SIA remains within pitchfork range... for now. The support is too real.
3 x Cup and handle movement getting smaller each time, possible indication of a big movement upwards