Technical analysis: . DECRED/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 50. . The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased. Trading suggestion: . There is a possibility of...
Technical analysis: . DECRED/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 41. . The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased. Trading suggestion: ....
Technical analysis: . DECRED/BITCOIN is in a downtrend 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 31. . While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue . Trading suggestion: . Price is in the support zone...
Technical analysis: DECRED/BITCOIN is in a range bound 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 66. Trading suggestion: The price is in a range bound, but we forecast the uptrend would probably resume. There is possibility of temporary retracement to suggested support zone...