Consider a bearish bias until price is firmly over the pivot point at 4429. If the current support range near 3000 is broken the next support range is 1850 - 2000.
Consider a bearish bias as long as price remains under the pivot point. It's not any more complicated than that.
Trendline break and now over the 24 period ema. Price is now solidly back in the resistance zone. Watching the 515 target to confirm the uptrend. Of course it's all on bitcoin to maintain over 3600-3700. Any drop under 3600 will take RVN with it.
Possible triangle break soon. Keep eye on .096. AROON and VFI trending bullish.
Short term numbers to watch for price movement. Big moves should occur on a break. Keep an eye on the AROON and VFI for sentiment.
This price is an early Xmas gift! Scaling in long here. Joining the wallet that bought a billion dollars worth of BTC in the last 3 days. Ya think he/she knows something?
This remains one of my favorite cryptos. No reason to buy other than the extreme oversold conditions in this and the overall market. Can it go lower? Sure, but dollar cost averaging at rsi oversold levels is always a good idea if you believe the project/crypto has long term legs. Ravencoin and Cloakcoin are others I continue to accumulate for longer term plays.
Hopped up to the upper zone. NIbble here just above .50. Stops set just under .47. Like the bullish look on the VFI and directional indicators.
Small nibble at obvious support and oversold RSI read. Staying away from large positions until the market puts on its big boy pants and shows signs of reversal.
Scenario A - Swift spike down to just under 3000 followed by a V reversal with retail and institutional FOMO to former highs. Time frame - 1 year Scenario B - Gradually follow the current bearish pattern to support at 4566 followed by an accumulation period and a gradual rise to former highs. Time frame - 2 1/4 years
Watching fib levels for support /resistance. Also watching the 12 period Aroon indicator for an early heads up on a possible reversal to an uptrend
Watching the fibonacci levels for support/resistance. Note the first level resistance at the 23.6% level. 5582 is the number to watch. If breached that becomes support and 5765 at the 38.2% level becomes next resistance. I'd like to see the VFI get back over the zero line to support a bullish comeback.
Range bound price action with price just under the pivot line which is slightly bearish. Resistance at .0269. Consider waiting for the break out of this zone before committing to new positions.
Short term support and resistance target areas listed on chart. Liking then adx pullback on the directional indicator. You want that below both dmi lines before you can identify a possible new run in either direction. I use the Aroon to gauge sentiment....green on top is bullish, red on top is bearish. VFI as well for sentiment....above the zero line is...
Scaling in long here on the macd bars and macd line gap. VFI has remained in bullish territory and looks to turn here near the zero line and stay above it.
Chart is showing a bullish macd divergence. Consider scaling back in on long positions only when price breaks and holds the descending trendline. Close eye...
Price bouncing off support and breaking out of the triangle. Bullish VFI and directional indicators suggest an uptrend to follow. Consider scaling in long with stops at .48