We can observe a breakout on the 2nd of January form a descending triangle (even tough this pattern is usually a bearish sign). We expect an move upwards matching the height of the triangle. At the moment the price moves in a falling wedge, due to the preceding uptrend we can interprete this as a bullish sign. This is confirmed by stoch also being in the bullish...
We can observe a breakout on de 2nd of January form a descending triangle (even tough this pattern is usually a bearish sign). We expect an move upwards matching the height of the triangle. At the moment the price moves in a falling wedge, due to the preceding uptrend we can interprete this as a bullish sign. This is confirmed by stoch also beeing in the bullish...
Short term (bearish) market looks overbought (Stoch&accum/dist) after strong uptrend, median 1 of the pitchfork will eventually hold - trend reversal median 0,25 served as strong resistance, will also probably give strong support blue line indicates new trend reversal at 562. Dollar. Seems to be a good level to buy DASH In case my analysis is false and...
Hope the Bulls are going to kick the Butts of Bears big Time! Remember amost everyone of in the OmiseGo team is also member of the Ethereum Foundation, including Brainchild Vitalin Buterin.
Short Term EMA 10&20 Support actual Bullish Trend Breakout after fib 1 indicates Channel Confirmation at 494 USD Take Profit before 494 Middle Term High Accumulation indicate Trend Reversal (Downtrend) Stochastic Indicator looks Overbought and indicates Trend reversal (Downtrend) Channel Resistance Line indicates Trend reversal Wait for Trend...
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Did the Canceling of Segwit2 just provoked correction waves ? Stochastic looks overbought Will the original trend pursuit or will trend go back in the channel? What do you think?