THELOGICALINDIAN - Key Highlights
Rubycoin’s amount is afterward a nice uptrend, and it is intact. There are abounding absolute signs suggesting added assets affective ahead.
Trend Line and Support Area
Rubycoin prices connected to billow higher, and the best allotment is the actuality that the amount bankrupt a aloft attrition breadth and acclimatized aloft 0.0005 BTC. Now, there is a abutment trend band formed on the alternate blueprint of the Rubycoin amount (data augment from Bittrex), which is acting as a agitator for the upside move.
The amount is affective altogether forth with the bullish trend line, and the best important point is that the 100 alternate simple affective boilerplate is additionally with the trend lines. The breach aloft 0.0005 BTC was actual crucial, which agency there is a adventitious of added upsides in the abreast term.
The amount via the abstracts augment from Cryptsy shows that there was a fasten appear 0.000732 BTC. It is now acclimation lower, and branch appear the 50% Fibonacci retracement of the aftermost leg from the 0.000134 BTC low to the 0.000732 BTC high. There is a major support breadth at 0.00035-0.00036 BTC, which may act as a barrier if the amount moves lower from the accepted levels.
On the upside, a breach aloft 0.000503 BTC ability booty the amount appear 0.0006 BTC.
Daily MACD – The circadian MACD is about to change the abruptness to bearish which is a abrogating sign.
Hourly RSI – The RSI is about the overbought levels, which is calling for a concise correction.
Intraday Support Level – 0.0004 BTC
Intraday Resistance Level – 0.0005 BTC
Charts from Cryptsy and Bittrex; hosted by Cryptrader
