Possible accumulation period for XST (StealthCoin)
This is really my first idea, and it's really a learning opportunity for me. I'm still learning about technical analysis, so this chart is a quickie to see if I'm learning.
In this idea I'm looking at the trading volume and crossover of the MACD (if I'm saying that correctly). The blue line has crossed over the red, indicating a possible decrease. Based off the previous pattern of increase/decrease over the past couple of days I'm assessing that XST will sit in the accumulation zone for a little while.
I'm 100% up for feedback if anyone other than myself bothers to look at this.
In this idea I'm looking at the trading volume and crossover of the MACD (if I'm saying that correctly). The blue line has crossed over the red, indicating a possible decrease. Based off the previous pattern of increase/decrease over the past couple of days I'm assessing that XST will sit in the accumulation zone for a little while.
I'm 100% up for feedback if anyone other than myself bothers to look at this.
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