Flag pennant closing, 50 day moving average right below us, and RSI moving into the buy zone. All signs point to a pop in my opinion.
With a very low coin count this could move again crazy fast. Only 91,859,176 coins!!!! That's more than half of Hempcoin THC and a quarter Potcoin POT which are trading at much higher levels. Get them now because they are going to be hard to come by soon.
Times running out to get your coins. Wave is finishing up. Probably form a double bottom then BOOM.
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Bollies are tightening...RSI from 88 to 56. We are right in the middle of the buy zone. Patience will pay off. Tiny coin count. This will move quickly.
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Here's a look from the 1 hour. Chart really starting to squeeze.
We are looking great after the market correction. The 50 day moving average held perfectly. RSI reset now. Look for a launch soon IMO.
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We had a nice bounce off of the 50 day moving average. There are very few coins here so it pretty much moves on air. Any buying pressure and it moons. As long as the market is up so are we, but the chart does appear to be reversing. 1500 will be our major resistance as it was once our major support. If we can get back over that look for the PSARs to flip and see a strong move north.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.