The Graph had a good run so far in the current bullmarket. Bitcoin has a lot of potencial of going exponential and alts are bound to follow (at least for some), the price surpassed 0.9 EUR making it a key support line. The volume must catch up so it go exponential as always and the current level seems to show a retracement soon before picking up more momentum....
First things first volume seems good. Expected some release of it in the next days. As usual, the line to hold is at the previous market top. Market may cool down this end of the month but potencial for another push into price descovery depending on how the week turns out. News, fresh information about the protocols and projects may help. The day is still far from...
While pondering the current market situation and having the undertanding that BTC is the market leader in terms of movement and momentum (not limited to these features, ofc ), I'm expecting something to similar to what I've drawn in the chart. It follows till certain point the fibonacci retracment levels and in view of the BTC rise in the next couple of weeks...
Dash has been putting higher highs since the start of the year, after performing poorly since its launch. Entry at .0069 (as we all like), first target at .009 btc, second one at .01 btc if you are feeling lucky. Support is around 0.006484 btc so I would set it around that. Feel free to leave comments and feedback. Suggestions on how to improve are also...
In 1 we have an increase in volume followed by a sharp upwards movement, till 2 where the volume flats and can change in the comming days. Expected retraction at 61,8% and 50% fibonacci levels, followed by another move upwards. Please comment on what needs to improve in the analysis.
Following the parallel channel, bullish times are upon us. Buy the dip, price is about to get lit.
Here is a plot of what I think will be the new trend for link in the following weeks. What are your comments and suggestions? Thank you for your time, good luck in your trading.