Technical analysis: . BITSHARES/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 39. . While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue. Trading suggestion: . There is a...
Technical analysis: . BITSHARES/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 43. . While the price downtrend in the Daily chart is not broken, bearish wave in price would continue . Trading suggestion: . There is a possibility of temporary...
Technical analysis: . BITSHARES/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 42. . While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue . Trading suggestion: . There is a possibility...
Technical analysis: . BITSHARES/BITCOIN is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 59. . The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of resumption of uptrend is increased. Trading suggestion: . The price...
BitShares/Bitcoin New trading suggestion: *The price is in an up trend and we forecast the uptrend would continue. * There is still possibility of temporary retracement to suggested support line(0.0000275), if so, traders can set orders based on Price Action and expect to reach short-term targets. *If the support line at (0.0000275) is broken, the forecast...