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Predictions and Analysis
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 possibility...
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 support...
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