ICP , After Breaking Out Resistance Line as Chart , No It's Retesting , Now After Supporting By MA200 , and MA50 , Speed Fan Fibo Resistance as well Ready to Pump , By The Way Golden Cross Is taking Shaped
Only if the golden cross forms. There is still posibility that the lines bounce back from each other. 15min chart soon a death cross will form and if that happens then on 1h chart it forms too and then 4h golden cross is invalidated for few days. But im hoping for the best and that it forms and holds this level.
Look at 27oct the same happened on 15min chart and then 1h chart went bearish with EMA's But if this happens, then it happens in next 1-3 hours and it will be a quick dip down and back up
RSI and MACD looks really bearish at the moment on 1 and 4h chart
hamidhashemi38
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@MrPeterG, Perfect , Thanks , EMA200 and MA50 are Usually Strong Support Lines , Hope so
UnknownUnicorn26369879
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@hamidhashemi38, Yes they are, but as you can see for example on 4h chart, the price still moves up and down by 10 cents around these EMA lines, the price doesnt follow them in precise movements
UnknownUnicorn26369879
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@MrPeterG, And as we can see that we didnt have enough power to go up to forma beautiful cross and to extend these EMA's apart from each other. So it is possible that it will go horizonaly for a while until we get a stronger push upwards to form more lasting golden cross :)
15min chart soon a death cross will form and if that happens then on 1h chart it forms too and then 4h golden cross is invalidated for few days. But im hoping for the best and that it forms and holds this level.
Look at 27oct the same happened on 15min chart and then 1h chart went bearish with EMA's
But if this happens, then it happens in next 1-3 hours and it will be a quick dip down and back up
RSI and MACD looks really bearish at the moment on 1 and 4h chart