I am bearish on Akro but if you like the coin and still want to buy it I would look to buy at an area of value like the 100 or 200 day EMA. The other option I could see happening is that I'm wrong and it turns to the positive. I would wait for a full daily candle to form and close above the 20 Day EMA before buying in that case.
I've noticed a developing pattern with the last few rallies in AKRO and a very fitting EMA let me know what you guys think.
Resistance from 200 EMA. RSI and Price peaks are going different directions. Potentially a head and shoulders forming. Would need to see a new high formed soon for me to go long.
Riding an upward trend line into resistance.
Merculet has been on an upward trend since its all time low on March 18th of this year. It has experienced resistance at the 310 Satoshi mark several times. The Bears are looking tired. A more recently developing symmetrical triangle has been forming since July 17th and may cause a breakout to test the 310 Satoshi price level. Potential take profits for after...