On a very bullish uptrend Bounced off of a created support line @ 11339 and started a new trend Just broke through upper trend line, unless it falls short before the days close Should be expecting continued bullish uptrend, but should be watching closely for sell signal because RSI shows its being over bought
Consolidation phase Amount of mined coins soon reaching limit, so value of coin will really effect volatility Support @ 11297 Resistance @ 14059 Broke small upper trend & bounced off support line Looking to see a upward trend according to converging MACD, but ultimately waiting on price action
Down trend Reaching a point of valuable price action Support @ 11441 Resistance @ 13245 May bounce around support and resistance, but approaching major trend line bottom so price action should speak more on action to take MACD convergence shows trend may be changing
Looks as if its in a consolidation period Currently outside of little trend Just approached a weak support @ 27993 Approaching a resistance @ 29226 Once price breaks support or resistance, watch MACD to see what action should be taken
In a consolidation stage Resistance @ 8085 Support @ 6461 Still within trend but closing to a price action point Further price action necessary
Downward Trend Not enough data to be able to read MACD lines Trend line is broken up to so if it stays above new trend is upon us, if not then we experienced a false breakthrough Awaiting price action for trades
Downward trend Just past support line but looks like it may bounce through, could be false breakthrough Watch for convergence of MACD lines
Change of trend from price action and trend lines Bounced off support @ 5122 Should either consolidate or continue up trend according to converging MA & MACD
Downward trend Weak resistance line @ 1037 Weak support line @ 865 Wait for price action to break support or break trend line
Upward trend Breaking lower trend line with a green day Very wide support & resistance Since trend may have experienced a possible false breakthrough, possible to still stay on an uptrend MA & MACD lines are both on uptrends with pretty large space between but still converging
Downward trend New support @ 11775 Resistance @ 14193 Should bounce off new support, but support is weak Price should stay between support & resistance while breaking upper trend line
Downward trend Consolidation happening Support @ 634 If down trend continues it should bounce off of support
Downward trend Bouncing between support @ 469 & resistance @ 735 Just broke the top of the trend line so new trend should be ensuing Waiting for it to breakthrough support or resistance MA & MACD is converging
Downward Trend Staying close to upper trend line Support line @ .0142 Looking for price action closer to 2/01
Downward trend Price support @ 10771.21 Converging MA & MACD lines Prepare for buy when lines converge or if price breaks 13897.50