ETC looks like its setting up nicely to hit the targets i've set. With the MACD looking like its finished it cross over and divergence looking very bullish shows signs of an increase in price over the next 12 hours. All of that added with an increasingly growing total market cap.
BTC has got pretty close to the top RSI band, market cap is steady in the 610-640b range but still edges closer to the 600b mark. If it were to fall off and downwards of 600b I think we’d see an even bigger fall off in BTC. MACD had just crossed over at a high volume and looks like its about to have a sharp drop. The divergence looks pretty bearish too. Lets...
RSI looking like its on the rebound, with EMI still a bit tangled up but DMI+ looking to crossover and upwards into the 30.00 zone. Indicating a bit of sideways movement at first but we shall see an increase into the 78.6 fib before going up to 61.8 and rebounding back to 78.6%
As i'm writing this, it looks as if TRX 2.47% is gaining in volume (+6000BTC in one hour) and is already starting a bigger upward move then it has in the past 2 days. Look at how tight the Bollinger bands are compressed up, and we're right at the bottom of our downward wedge . We could quite easily stay moving sideways for a couple days, there no doubt that...
A – We hit 100 fib then dip down to B. 61.8 fib. We then rally back up to 78.6 fib but not before falling again past our 50fib. From there we rally again, this time all the way to our C 127.2 fib. We then dip again to D 61.8 fib, but rally back to F 88.6fib this time, i'm suggesting because we over extended on the first (61.8 to 78.6) I think we'll retrace the...
A – we get a 50% fib retracement down to 1281, it bounces around a while in the 50% - 61.8% range before then hitting the floor at 23.6 retracement. B – We retrace back to the original 50% before now returning to our first floor at 23.6% C – We are now back at our 23.6% retracement. With general news looking good for TRX I don't expect a drop down to...
A - Bollinger bands have contracted, there's a sudden rise in trade volume and RSI is low. B - Bollinger bands are becoming more and more contracted, soon they're going to open up again like in point A and we will pump. C - Notice increase in volume again, we building this current accending wedge we are in. D - Still very low in RSI , another fairly good buy...
Double bottom forming by the looks of it. If we hit the 0 Fib % we will bounce back very hard.