Technical analysis: . CARDANO/BITCOIN is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 45. . While the RSI downtrend is not broken, bearish wave in price would continue. . The price downtrend in the daily chart is broken, so the probability of the...
Technical analysis: . CARDANO/BITCOIN is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 48. . While the RSI downtrend in the Daily chart is not broken, bearish wave in price would continue . . The price downtrend in the daily chart is broken, so the...
Technical analysis: CARDANO/BITCOIN is in an up Trend and resumption of up trend is expected. The price is above the 21-Day WEMA which acts as a dynamic support. The RSI is at 60. Trading suggestion: The price is in an up trend, but we forecast the uptrend would probably resume. There is still possibility of temporary retracement to suggested support...