Hello Friends,
Ncash has been oversold for a long period of time. Signals showing a double divergence (RSI, MACD) I expect a move up that requires patience as it is a long term commitment to reach long term profits.
On the daily chart we have the formation of a symmetrical triangle. The RSI is heading downward but should rebound giving the nature of signals weekly and the pattern itself.
Details on the chart.
This is my viewpoint and my opinion. I am not giving advice but only sharing what I see. Do not enter a trade on my TA but do your own homework.
Cryptocurrency is volatile and very risky. Never invest what you can't afford to lose and always educate yourself and continue to do so when making any kind of investment.
If you find this information helpful, then please hit the like button. Your support is appreciated. Thank you!
CYA on the next one...until then, the trend is your friend. Buying on the dip and selling on the hype.
Cheers!
Ncash has been oversold for a long period of time. Signals showing a double divergence (RSI, MACD) I expect a move up that requires patience as it is a long term commitment to reach long term profits.
On the daily chart we have the formation of a symmetrical triangle. The RSI is heading downward but should rebound giving the nature of signals weekly and the pattern itself.
Details on the chart.
This is my viewpoint and my opinion. I am not giving advice but only sharing what I see. Do not enter a trade on my TA but do your own homework.
Cryptocurrency is volatile and very risky. Never invest what you can't afford to lose and always educate yourself and continue to do so when making any kind of investment.
If you find this information helpful, then please hit the like button. Your support is appreciated. Thank you!
CYA on the next one...until then, the trend is your friend. Buying on the dip and selling on the hype.
Cheers!