SUB Announced "A Major Announcement Next Week"! How Does It Currently Look? Charts, Targets and Upcoming News/Events to look out for!

in #crypto7 years ago

Comment your opinion below

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If you would like me to take a look at any other coin in particular, let me know in the comments below and I'll try and see what I can work up:-)

  • Keep in mind alot of the market is watching Bitcoin to make it's next move, ALTS in general are crazy volatile atm
  • What stands out the most with SUB is how close it is to breaking the current ascending triangle. Ascending Triangles are generally bullish and if broken the road to 6k seems likely with 5.5k serving as a little resistance
  • The Daily RSI and Stoch RSI are in a bullish state with completed higher highs, now we need confirmed higher lows to confirm a bull trend
  • With the 4H MACD crossing the 0 mark turning positive we now wait for the Daily to do the same. If so SUB has turned super bullish, especially if supported with volume. These two indicators have been very solid across the board in the crypto space

My Next Target
As mentioned above, alot will depend on what bitcoin wants to do. That said, SUB close it is to breaking the current ascending triangle. Ascending Triangles are generally bullish and if broken the road to 6k seems likely with 5.5k serving as a little resistance

Upcoming News/Events to look out for:

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Thanks for the info!