Bit seems like wants to repeat the pattern which it did last 3 times , with breaking the raising support line.
On Average after we break this key area , we got a 25-30% move to the downside.
From moving average perspective BIT was rejected by EMA 55 once again.
On the daily RSI we can see that Hidden Bearish Diverge is forming once again.
On the daily MACD we can...
The market has fallen very hard, with the BIT coin falling below its listing price. I don't think many people expected such a drop. Now on every drop there is a volume at the bottom, that is a good signal, a liquidation signal. In case of a false breakout of $1.57 or a breakout of the trend line, this could be a good buying opportunity.
Write in the comments all...
In this idea we would like to share with you a coin that has a potential of more than 1000%.
The name of this coin is BIT. One of the top exchanges BYBIT is one of the biggest holders of this coin and is now starting to use it on its platform to participate in various programs, for example - lunchpad, you need to be a BIT coin holder to participate in this...
We recently covered the BIT coin on our platforms. A coin that the ByBit exchange uses to participate in its launchpad and types of services.
In a nutshell, it's a counterpart to Binance Coin.
A very promising coin, we have high expectations for it.
Looking from the technical analysis side, the price is now near a support level.
The first time the price tested...
