Blue lines are monthly support levels back from 2014.
Red lines psychologic support levels.
Grey resistance orderblocks/targets.
Green support orderblocks/targets.
Holding black major support trendline.
Breaking dotted smaller falling wedges.
Seen a big spike on Bittrex 2 days ago. Maybe for manipultation or buy-in for trendreversal. Not sure.
Still in a...
Coming days will be important, last block of days we see a change in pricemovement. First upside breakout, another falling wedge with retest of former resitance line.
Price still going towards former apex around 150 Sat. With current BTC price about the same levels as former low in EUR (12,2 cent). Bullish divergence still in play..
Lets see which way we go..
NLGBTC is met weinig volume zwak uitgebroken en een link push omhoog is uitgebleven. Toch is de NLG van 192 SAT naar 243 SAT gegaan, een percentage van ruim 25%.
Er was een kleine rising wedge die naar beneden is uitgebroken wat de kans vergroot op het restest van de trendlijn als support en/of een test van de voorgaande bodem op 192 SAT.
Disclaimer: Dit is...
We can see a recent Bullish divergence on the daily, also a volume divergence. In the past the hidden bullish divergence was the start for a small uptrend.