Hi everyone
Data on the chart:
price is moving below 160EMA (white line) on 4H chart but on daily is upon the 160EMA
50EMA (blue line) crossed below 160EMA signs of bearish on 4H chart but on daily chart it is not
crossed below yet so on daily chart we have different situation that is a positive sign, bulls
have upper hand to keep moving upward.
MACD on 4h time frame is neutral but on daily still negative. it may turn to positive
side in coming days.
more information is on the chart.
..................................................SO
Link may have bullish move in days coming but if the price can't cross over the main trend line
and 13.6 resistance level it will drop deeply even below 10$. so lets see what would happen.
Enjoy the market
Data on the chart:
price is moving below 160EMA (white line) on 4H chart but on daily is upon the 160EMA
50EMA (blue line) crossed below 160EMA signs of bearish on 4H chart but on daily chart it is not
crossed below yet so on daily chart we have different situation that is a positive sign, bulls
have upper hand to keep moving upward.
MACD on 4h time frame is neutral but on daily still negative. it may turn to positive
side in coming days.
more information is on the chart.
..................................................SO
Link may have bullish move in days coming but if the price can't cross over the main trend line
and 13.6 resistance level it will drop deeply even below 10$. so lets see what would happen.
Enjoy the market
Trade active:
target reached but trade not closed. Link can go much higher as far as new ATH happened for BTC last night, so it turns to supper bullish. next levels are on the chart.
Enjoy the market
Enjoy the market
Comment:
below 11.9 is more bearish but really depends on BTC.
