Doesn't take fancy indicators and hours of analysis to see this highly probable trade. There's growing upward pressure as shown with the higher bottoms along the green trend line . But the pressure is getting squeezed in by the resistance at around 6000-6100 sats 0.93% , (the blue line).
Strong incoming fundamentals include; the release of 2nd version of Blockmarket, and SysCoin masternode moving from testnet to production in Feb, which will likely drive solid demand.
A strong break above the blue line, indicates a bullish trend continuation against BTC 0.49% and an opportunity for 20% and 50% growth as 2 possible profit targets. A break beneath the green trend line will likely mean a short term push downward (stoploss @ < 5000sats)
DYOR and check out my Youtube channel for more trades. www.youtube.com/chan...oBI1K0tW2HMhkbLo5naA
Strong incoming fundamentals include; the release of 2nd version of Blockmarket, and SysCoin masternode moving from testnet to production in Feb, which will likely drive solid demand.
A strong break above the blue line, indicates a bullish trend continuation against BTC 0.49% and an opportunity for 20% and 50% growth as 2 possible profit targets. A break beneath the green trend line will likely mean a short term push downward (stoploss @ < 5000sats)
DYOR and check out my Youtube channel for more trades. www.youtube.com/chan...oBI1K0tW2HMhkbLo5naA