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Quote from: Mallyx on June 20, 2017, 09:17:41 AM

A lot of bullish signals !

MACD/PSAR accumulation period is almost over
RSI is almost sideways
Fractal bands are on a buy signal
Bullish triangle is ongoing
180k Support didn't broke

To me we are going for a new ATH within few days. That's the best bullish scenario case.

But but but ! The trend is still weak. If the 180k support break we will revisit the 110-130k for a period... or it's a bear trap.

perfect time to assess whether to buy at the current price or still wait for some correction and hit much bigger profits
as we knew that waves really came up with very nice updates and a supportive community.

Waves is dropping. Any reason for that?

I'll consider the trend as a drop if we go below 180k. And an uptrend if we go above 240k.
We are still in the range atm (but not for longer)

currently heading to the triangle cross point, do you expect what day will be the x day to go up/down drastically?

There will be a sharp exit from the triangle. It's classic. Up or down.

Yup. I'm trying to find which way it's going !

I found some other bullish indicators:

http://dev.pywaves.org/generators/ the amount of leased/mined coin is growing (so peoples are hodling)
Most coins are on the red by -10%, Waves remain solid

Boilinger bands are getting tight, expect a big move soon. Up or down ? Can't say

In any case it's good. If the support go down it's time to buy even more Grin

what I wonder is it's indicating little bit down side when I take a look at the chart. x day - exit day of the triangle is not easy to say, but I guess within this week or next week, or somewhere in between.

I really hoping up side hype though... Grin

so, went to down side... is there any particular reason suspected? Waves system it self is fine right?

The 180k support broke, so we turned into a bearish free-fall.
A new support is building around 150k, but the fall isn't over. If the new support is too weak we will see a dip down to 120k.

As we reach soon the oversold territory, it's a good idea for investors who want to join the market to buy slowly on this downtrend.

Again, maybe I'm wrong, it's just some speculation Wink

To be frank with you, I really admire your chart reading, synchronizing what I had expected.

However, there is one fundamental thing is missing if you are dealing only with the "chart".

Stellar is distributing free airdrops who has Bitcoin, that means, necessity of Bitcoin itself is very much demanded - buy bitcoin mode.

moreover, Primabase which is one the of most expensive crypt ICO is needing Bitcoin for it's CIO in almost same timing.

So, again, frankly, there is Bitcoin buy demand recent-days so that many of altcoin holders are selling alt coin and converting the altcoin to the bitcoin.

this is something happening recent days and affecting damp of waves.

in short, now is the best buy timing of the Waves to win the deal.

the chart reading, most likely, afterwards, the deep dump happen, strong spike happens.

So, I will but Waves from this point and make good revenuer. Grin

today is Monday, good day to have tons of beers tonight!! Cheesy

go Waves!!

Thanks for your comments Grin

A lots of peoples are moving back to BTC/Fiat I guess, so altcoins are dumping. This is not the first time, it's always an great opportunity to join the altcoins market during a dip.
If we look at Waves, the buyers at 150k can already take a ~15% profit now.

We still have a lots of buyers and hodlers. The following days will be interesting Cool