BINANCE:OCEANUSDT , 1d
Price is trading above the 200SMA suggesting that the long term trend is intact.
The downward trendline has been broken and has been consolidating for the past two days.
On the 4h, price has formed an imperfect cup and handle with the consolidation being the handle. The MACD line has crossed above the signal line indicating a bullish...
BINANCE:KAVAUSDT , 1d
After reaching failing to break it’s 2024 high around the $1.15 area, price created a lower high and broke below the 200SMA forming a lower low. This creates a bearish sentiment for KAVA.
The downward trendline aligns with the stiff resistance created by 200SMA and previous support turned resistance. This is a key level where bears will...
