Short
EVMOS
Evmos trade near strong support which broken several times in the past
Price may perform a small bounce from this level according to daily Stochastic
But relying on 7/100 EMAs cross on daily timeframe , 1d and 3d MACD , and 3d stoch i expect further downward movement to 1.4 USDT which is 0.236 Fibo level
For upward movement price first need to fix above local resistance which is 3d EMA 50
Price may perform a small bounce from this level according to daily Stochastic
But relying on 7/100 EMAs cross on daily timeframe , 1d and 3d MACD , and 3d stoch i expect further downward movement to 1.4 USDT which is 0.236 Fibo level
For upward movement price first need to fix above local resistance which is 3d EMA 50
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.