Midterm forecast:
While the price is above the support 0.0235, beginning of uptrend is expected.
We make sure when the resistance at 0.0480 breaks.
If the support at 0.0235 is broken, the short-term forecast -beginning of uptrend- will be invalid.
Technical analysis:
While the RSI uptrend #1 is not broken, bullish wave in price would continue.
A peak is...
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.0012). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. NEOBTC 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....
BITBAY:ETHBTC
ETH looks Bearish , It had a good run but with bitcoin not looking too happy at the moment it seems unlikely it will break out of its current trading range. Watch todays video for more context on this chart!
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.0215). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. ETHBTC 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...
Lower Highs and Higher Lows.
This means that the holders are already cashing out. Ethereum will fall back into 160-180 $ range (if not lower) very soon. A good strategy would be to short ETH now and buy back later.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.00482). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. ZECBTC 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....
9127-9150 on 1 day candle closing basis is big resistance .break of it will lead to fresh high of 10100-10200 easily .
bull divergence on 4H & TOUCHING OF 50 MA on daily time frame is providing more case toward bull scenario . still skeptical till 9127 not broken
