Unless some insane news comes out and causes the market to dump, I'd say FOR CERTAIN we are about to see an up trend. Look at the past crosses like this and you can see. Here is your gift... take it!
Happy Trading!
Like if you Like!
Much Love, DustyPH
*all comments are welcome*
**This information is not a recommendation to buy or sell**
評論
⋅
My previous chart explains all of these crossings and what they mean in detail... It's lengthy but worth the read
評論
⋅
The VWMA is above the SMMA and the MA on this chart. Currently the VWMA is at 8734 and the SMMA is at 8626. Even though we are falling in price this is still a bullish move and shows strength in an up trend about to happen. Again, look at the past and what has happened and when we have these crosses we see momentum change.
評論
⋅
Our support line is holding beautifully... The VWMA is still on top and the RSI is holding our support level... I see 9500 coming and maybe higher. (:
評論
⋅
There is some FUD in the stock market due to the fear of a trade war. What does that mean for Crypto? Not sure, but I think with the indicators we will hold and see upward movement soon. Might be a good time for gold as well... I'll update that post soon
Thanks for posting this. Im gonna go back and check these indicators again. Been putting it off ever since I read your other post.
jotty
⋅
drop to 50 MA then run up? lol
dustyPH
⋅
@jotty, possibility... The cross on 2/11 we actually dropped below the 50 MA for a brief 2 candles and then rallied to 11.4k... notice even then the VWMA still remained on top and in between the price and the other MA's. We might sit at this support zone around 8500-8600k and bounce nicely off that.
jotty
⋅
@dustyPH, good call. I hope i'm wrong about the 50MA and it bounces off the support.
dustyPH
⋅
@jotty, the 50MA is almost parallel with the support now... So if we did drop to it it wouldn't be much of a drop. Now, let's watch it climb
@dustyPH, made the call but didn't back myself, wish i had held out and instead i bought in a bit earlier. New to game and the psychology is really tough!
How do you deal with it?
ethhunter
⋅
I think we will see 9500 then the big drop again before the new bull cycle...
dustyPH
⋅
@ethhunter, a likely probability... I'll be watching the indicators closely to see. As for now the golden cross says we will go up even if we drop a little in price here now... I think for sure we will see 9500k, maybe higher