Technical analysis: . MIOTA/Ethereum 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 38. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00133 to 0.00123). if so, traders can set orders based on Price...
Technical analysis: . MIOTA/Ethereum 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 19. . 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...
Midterm forecast: There is no trend in the market and the price is in a range bound, but we forecast resumption of uptrend. Technical analysis: . The price is below the 21-Day WEMA which acts as a dynamic resistance. . Relative strength index ( RSI ) is 48. New trading suggestion: *There is still a possibility of temporary retracement to suggested...
Technical analysis: . IOTA/Ethereum 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 49. . 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 of...
Technical analysis: . IOTA/ETHEREUM 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 46. . 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 of...
Technical analysis: . IOTA/ETHEREUM is in 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 38. Trading suggestion: There is a possibility of temporary retracement to suggested support zone (0.0018 to 0.0015). if so, traders can set orders based on...