Note: NOT A FINANCIAL ADVICE TO BUY/LONG OR SELL/SHORT _____
Somebody requested for a TA on coin.
Here is the Elliot Wave Counts: I don't know how many bag holders waiting to sell their coins at a break even. Seems like 1.618 Fibonacci makes sense as a Target Price.
1D RSI, Stoch RSI & MACD says that sellers is in control due to this Bearish Divergence but the general trend still on the upside. Let's see if EMA 9 & EMA 21 to hold as support. Potential buying opportunity is at: EMA 9; and EMA 21 in confluence with 0.618 Fibonacci at $ 0.7921
4HR A very clear Bearish Divergence is in 4 HR. Potential Target price for Shorts is at SMMA 60 or $ 0.7921 or at $ 0.80 _______
Note: NOT A FINANCIAL ADVICE TO BUY/LONG OR SELL/SHORT