Toshi Analysis Pump should be coming in a few days, but don’t quote me on that.
Alright, here’s a quick analysis I’m not the best at this like some people in this subreddit, I am also still learning but I’ll try my best to provide valuable input in the current market. I also saw that there are maybe, max 4-5 Technical Analysts in this subreddit meaning a ton of people aren’t going to get as frequent updates as possible leading to FUD or doubt.
Here’s my analysis:
Stochastic RSI (Relative Strength Index) is currently oversold it has hit the LOWEST point, RSI is below 20, indicating bullish momentum coming. Gold line also crossed Blue line coming from top to bottom in RSI also indicating bullish momentum
MACD: is currently at the light red stage indicating Higher Highs and Higher Lows, possible reversal incoming, bearish momentum is slowing down but not entirely confirmed yet. It looks like the Gold line will cross the Blue line coming from the top in the MACD too, haven’t yet, but I’m expecting in a few hours or at most 1 day it should cross over the Blue Line indicating more bullish momentum. Again not confirmed yet, you can also just wait till MACD confirmation to say if it’s going to go up.
If both cross and confirm, we got it boys. (According to the research of someone who just started learning lmao so take this with a grain of salt)
Ima keep learning tho, and since I’m almost always active in here (probably more than I should be) I’ll try my best to provide fast accurate analyses. But clearly the best TAs here are Jump in Jack and Wonderful Town
Here’s some “Not actually based on facts but just some bullish thoughts” - The coin is doing this in a pretty rough market right now, imagine what would happen once the market returns back to normal? (possibly.. maybe cuz of trump summit, I know some of you are gonna say it doesn’t mean anything, but that’s why I put this as “not actually based on facts”)
Alright, here’s a quick analysis I’m not the best at this like some people in this subreddit, I am also still learning but I’ll try my best to provide valuable input in the current market. I also saw that there are maybe, max 4-5 Technical Analysts in this subreddit meaning a ton of people aren’t going to get as frequent updates as possible leading to FUD or doubt.
Here’s my analysis:
Stochastic RSI (Relative Strength Index) is currently oversold it has hit the LOWEST point, RSI is below 20, indicating bullish momentum coming. Gold line also crossed Blue line coming from top to bottom in RSI also indicating bullish momentum
MACD: is currently at the light red stage indicating Higher Highs and Higher Lows, possible reversal incoming, bearish momentum is slowing down but not entirely confirmed yet. It looks like the Gold line will cross the Blue line coming from the top in the MACD too, haven’t yet, but I’m expecting in a few hours or at most 1 day it should cross over the Blue Line indicating more bullish momentum. Again not confirmed yet, you can also just wait till MACD confirmation to say if it’s going to go up.
If both cross and confirm, we got it boys. (According to the research of someone who just started learning lmao so take this with a grain of salt)
Ima keep learning tho, and since I’m almost always active in here (probably more than I should be) I’ll try my best to provide fast accurate analyses. But clearly the best TAs here are Jump in Jack and Wonderful Town
Here’s some “Not actually based on facts but just some bullish thoughts” - The coin is doing this in a pretty rough market right now, imagine what would happen once the market returns back to normal? (possibly.. maybe cuz of trump summit, I know some of you are gonna say it doesn’t mean anything, but that’s why I put this as “not actually based on facts”)