Will be watching closely over the next couple hours to determine the strength of this move. If it crosses through ~420 and holds, we could be seeing the beginning of a sustained run. GLTA
It caught my eye with the jump this morning but I've been waiting for Enjin to get back in gear for a while now. This could be the start of long run but more likely potential is for a quick gain. I'll be looking into it more extensively but here's my initial assessment.
Will update this once I see a stronger signal
Indicators and buying behavior tells me this one should be heading north once it breaks its wedge pattern. I'm expecting a healthy jump with the amplitude determined by the influx of volume. Should be a solid gain once (if) it gains enough momentum. Buy until 410, stop loss at 370
We've got some indicators, patterns, and signals working in our favor here. Charts telling me this will probably make another jump up to the mid-low 600's then drop before making a final decision sometime between the 7th & 10th. Obviously this is just a guess but it should closely reflect price action if my chart holds. I'm HODL'ing most with maybe an attempt to...
Still in wait-and-see mode but the signals seem to be pointing toward a momentum shift. I'm holding for an exponential jump sometime in the next 1-3 days.
indicators are good, our gimbals are good..we are good for launch Houston!
Almost show time guys. I've tried to include some possible ranges based on my charts (I've been updating this guy since one its early runs, so I know where the support is -- I THINK). Anyway keep an eye out for signals if you're waiting to buy, and if you're in just HODL til we pass that finish line! I'm not a financial advisor, its just what i'd do.
Chart it yourself and make some counter predictions. I'd love any excuse to stop myself from over-investing lol.
Before I start the TA, let's consider the fact that, IMO, Steemit is going to replace or at least challenge twitter/youtube/facebook (since it has all 3 on a single platform, plus more) Looking at the charts though, we've got beautiful signals all over the place and our wedge is so tight its about to flare up like a tiki torch. I'm in for 10% of my crypto...
TBD; but bullish
Just a few tweaks here and some extended potential resistance lines so that people can get a better idea of where to target their buys and sells -- assuming i even get this one right. I'm invested here (full disclosure) but trying to stay objective -- so I'll say this chart is no longer valid if LEND drops below bottom support line.. or misses the wedge point...
Take a look at the uptick in accumulation in conjunction with repeating Stochastic pattern after a prolonged period of overselling. That along with 'similar' wedge triangle tells me it'll happen quick. May be sloppy, but soon. I predict we hit new ATH of 3500sats within a week.
Watch for a strong move into the 1800-1900sat area -- if we miss here look to the red elliptic junction.
Cup and Handle leading into an ascending wedge has me convinced this one is ready to rocket. I'd enter under 14 and buy any dips below 12-13 depending on entry. Stop Loss at 1000 if you want to bother with that.
Just trust me. Watch for a break above the bullish trend line.