Still accumulating in a golden zone. My LONG position will start only if we break the ressistance (red zone).
CRV at this moment is having a higher low over again and this looks pretty good to try LONG position soon.
1. Volativity on DREP goes down. 2. RSI 1W still in bullish zone 40.00 Will it ROCKET now from 0.60$ or From the support zone with a price of 0.38$ ? As the bullish triangle can end there at the end of November.
LONG or SHORT - It's a really good question here. For the Asending Triangle scenario we got all the things that we actually need. We got: 1) Highest highs 2) Highest lows 3) Petfect uptrend line The main questions are: 1) Will it go up by the trend line or BTC correction gonna break it? or 2) Can be this just a false breakdown with comeback to the trend? 3) Or...
I got some things to tell you. We got here 3 local zones: a) accumulation (golden zone); b) resistance (red zone); c) resistance break out (green zone), where the price can rapidly go high; Also we got here (subjective) downtrend line (golden line). We can accumulate for some time in a golden zone. Also there is a little chance that we can break out it down if...
Just have a look at this volume in the support from Feb 21. Would it go up after this market buy or would need to consolidate for indefinite period of time, who knows. Anyway interest for this altcoin was confirmed.
Highest lows are always a good point to buy some in these ascending triangles.
LRC still chilling under the resistance (red zone on the chart). Would look for a long position only if it breaks.