There is a neckline of irregular head & shoulders of the daily scale.
The place is 6000.
daily
Looking at daily, the raise after the neckline 6000 touch is not strong.
It retries again to 6000, and if it fails it is long trader dominance, but if it reaches around 6000.0 it is considered to be a short continuation.
Most recently, MPP (P) 6641.8 is not...
Technical analysis:
. Basic Attention Token/Binance Coin 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 38.
Trading suggestion:
. The price is in a range bound and we forecast the uptrend would begin.
. There is a possibility of temporary retracement to...
Remember when Kodak introduced Kodak coin and Market has shot Kotak up to the moon. These kinds of bubbles that are made of euphoria always burst. 8k Miles rose because of their announcement of blockchain platform. What is the future of that bogus platform?
Now the panic mode is triggered and it will continue falling towards irrational undervaluation (Like it did...
New trading suggestion:
*The price is in a range bound and we forecast the uptrend would resume.
*There is still a possibility of temporary retracement to suggested support line (0.00003). if so, traders can set orders based on Price Action and expect to reach short-term targets.
* If you missed our first HUNT, you have a second chance to buy above the...
Technical analysis:
. KYBERNETWORK/BITCOIN is in a downtrend 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 33.
Trading suggestion:
. The price is in a downtrend and we forecast the uptrend would begin.
. There is a possibility of temporary retracement to suggested...
The rate once went back through the double zero 6000.0.
Currently it is a situation to receive resistance at around MPP (S1) 6353.9.
Judging that it is a down trend, if you apply the set sequence, I'd like to have a short position well.
<>
1) Resistance MPP (S1) was judged to work.
Short entry. The limit is above double zero 6000.0.
Or if you assume double...
Technical analysis:
. Basic Attention Token/ETHEREUM 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 50.
Trading suggestion:
. The price is in a range bound and we forecast the uptrend would begin.
. There is a possibility of temporary retracement to...
Downtrend is nearing to its final stages,
We could fall to 5500 -5600 levels then a rally to 7200-7300 levels is possible.
There is strong resistance at 7100-7200 levels and it wont be broken easily
Using Pitch fork we can see that there strong support is in 3000-4000 area and markets will stabilize in those ranges and accumulation will happen for a 6-9 months
If bitcoin has to break upwards towards the 9,500 $ mark, it should happen within the next 8 working days....
If these current levels breaks downwards, then it will take support at 5765 $. Very crucial level.
Everything looks positive right now for BTCUSD as far as the technical indicators go.
Beginning of "E wave". (ABCDE)
50day MA about to cross 100day MA.
MACD turns bullish (Orange crossed blue).
RSI uptrends.
8900 and 9800 are important levels to keep an eye for in the next few weeks.
8900 if broken confirms long-term bullish signal. (By 16-20th June)
8900 if...
