NCASH is needing correcting, as almost all coins right now. With the RSI not being in overbought, we could see a slight impulse wave up, with the further correction to follow. Not sure though, and I'm not wanting to test how far the wave will go. I'm shorting for now!
I rarely every use Elliot Wave, but this seems clear as day to me. The reason I don't use it to often is because I'm a new trader, and Elliot Wave has more rules than one would expect. But, this seemed to clear to pass up. Modum is certainly set to grow farther, and they are having a huge partnership announcement March 31st. Solid coin to pick up! Any...
Here we are seeing a Bull Fractal, and Inverted Head & Shoulders form. Bull Fractal is quite rare, and could pave-way to new all time highs. I'm not exactly sure when this may happen, but my guess would be maybe late April, to mid-May? If anyone else has criticism, or agrees, let me know!
On the daily chart: I think we are nearing an area where TRX will explode upwards, maybe 20%, more or less, but with BTC's corrective wave that is soon to come, this explosion upwards could be stiffed, or directly after the upward wave, it will fall quickly. Any ideas?
I think we could see some slight spikes upwards, but I think we'll maintain our downtrend. I think the logical support could be an important piece to see if we totally plummet, or see a good sized increase. Only time will tell. Again, I am curious to see what you guys think.
In the long-term we may be seeing a setup for something big, especially at the end of the month due to news. But.. I don't think we are going to see any real growth soon. We need more volume, and it broke a bull flag. I could still see us hitting all time lows again. If anyone see's something wrong with the chart please comment. I'm a student just like you!
Not convinced either way, but I think we could either see a nice wave up after ABC correction, or we could see it go further down. Let me know what you guys think.
We see with the RSI it is incredibly oversold, we have decent volume. But, I'm extremely new, and also wanted to see what you guys think. Please feel free to let me know. Also: not sure if my Fibonacci is on par or correct. If anyone has any critique to add, please do. I'm incredibly new at this!