Watch a breakout within the next few hours. Also, on the daily chart (not shown), we're at a critical 100MA point. Are we going to find that moving average as support or resistance? We'll see! This one has big potential.
We saw a huge bullish rally with a significant retracement. We've hit the 0.786 Fib level and showing a downward bullish trend. The daily candle is forming a reversal doji but we're only half way through so the formation can change. Also, we're at a significant resistance level from previous points and it's acting as support. Let's wait for a confirmed...
Bullish downward wedge. Expect a breakout towards the upside. DGD has been known to have huge gain potential. Expect a large breakout between the two dotted lines, which is when moving average trends are expected to fluctuate. There's always a possibility that we can have a breakout but then the trend line will act as a support before the bounce upward.
PIVX has been moving with the 1hr 55MA and 100MA for some time. I've been waiting for an impulse up or down and it looks like that time has come. Look for a big move up for wave 3 after the wave 1 correction. Good luck!
Watch the key historic resistance levels. Buy in after break throughs.
It looks like we've got some room for continued growth.
Basically... it's moving nicely. Enough for a decent risk to reward setup. :)
This is a coin I've been monitoring for the past few days. I hate to take a position of "this coin is due" but so many others are exploding after coming to major TA crossroads. On the 1D chart, GVT shows a critical decision point with the coin riding the 100MA. Looking at the 1hr, it's been wedging to indecision and is prime for a breakout to the up or...
IOTA showed an explosion after crossing the 100MA on the daily chart . So when is it a good time to get in? I would stay away from it now. There's divergence being shown between the candles and RSI . Additional confirmation from the red bearish candle. It seems like the bears are pushing down hard for a small correction. Look for support on the 1hr 55MA or 100MA....
We saw a major breakout yesterday and are hoping to continue the trend. So where will it go? If you look at the previous swing low of 6k, there was a large breakout to the upside. We saw resistance at the 55MA and then support at the 21MA. Looking at the FIB, I think there's a possibility we'll see the same with BTC this go around. These moving averages will...