Technical analysis: . Isimple/Dollar 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 47. . 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: . Isimple/Dollar 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 51. . 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 possibility...
Technical analysis: . IsimpleToken/Dollar 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 49. . 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: . ISIMPLETOKEN/DOLLAR is in a downtrend and 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 downtrend #1 and the price downtrend in daily chart is not broken, bearish wave in price would continue. Trading suggestion: . The price is in a...
Technical analysis: . ISIMPLETOKEN/DOLLAR 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 48. . The RSI and the price downtrend in the daily chart are broken, so the probability of the beginning of uptrend is increased. Trading suggestion: . There is still...
Technical analysis: . IOSTOKEN/DOLLAR is in a range bound and beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 45. . The RSI downtrend #1 is broken, so the probability of beginning of uptrend is increased. Trading suggestion: . The price is in a range bound and we forecast the...