This is just my personal take on it but for me it seems like it is forming a H&S Pattern, wich is a "Bearish Sign"!
I would watch the area around 0.75 - 0.76 (Yellow Horizontal line) for possible breakout to the upside again though.
IF it passes that line i guess it CAN move further up again, however if it fails and goes down agin (Following the red curve...
Has CRO just recently entered an Ascending Channel taking us up to 1 Dollar?
Only time will tell but it sure looks like it!
If you want to HODL long term a good entry would be the dip (buying Zone), always buy the dips.
If you, however, want to get a fast profit ( ~20 %), just sell at TP mark as shown in the chart.
And as always, dont forget to use...
Today the MA10 crossed with MA20, this is a clear sign of a decline in price. If we take the price and crossover relationship, the previous one was on 21.02.2021, the MA10 was 15 days above the MA20.
If you look at the RSI, it is at the same level as on that occasion, and while we are above 45 we are still bullruning.
Bitcoin never does what you expect it to do,...
Hello, I hope you have a fruitful fast
We are here today with YFII currency analysis. Controversial YFI adopted son.
Be sure to read the analysis to the end.
YFII was able to enter a strong resistance zone today. Given the bullish market conditions, I hope the cows help YFII to make the trip easier for him.
MA 20 In the area I marked, cross the MA50 and the...
Technically, it is not looking good for SAPRES as its 20-Day Moving Average is sloping downward and its price action is below the Moving Average line.
This is further compounded by the recent bearish breakout of the support level of 0.385.
This breakout was accompanied by a higher than average traded volume which shows the bearishness of the traders to push the...
JFTECH has been trading above its upward sloping 20-Day Moving Average which is a good sign.
It is important to calculate the risk/reward as the recent upward movement has pushed the price to be quite far from the support level of 2.89.
Resistance 1 : 3.65 (3.74%)
Resistance 2 : 3.7
Support 1 : 2.89 (-17.81%)
Support 2 : 2.83
Descending Triangle prediction at 21...
MI has been trading above its sloping 20-Days Moving Average which is a good sign.
In addition, the price just broke the resistance of 4.24 reinforcing the bullishness in the recent price movement.
This breakout was accompanied by a higher than average traded volume which shows the enthusiasm of the traders to push the price higher and past this resistance hence...
As of 21 August 2020, JCY has been on a strong uptrend as suggested by the upward sloping 20-Day and 50-Day Moving Averages.
Furthtermore, the next resistance level is quite far at 0.805.
Support 2 : 0.830
Support 1 : 0.805 (24.74%)
Resistance 1 : 0.580 (-10.06%)
Resistance 2 : 0.550
Ascending Triangle identified at 21 Aug 2020.
This pattern is still in the...
The "Price" and "Volume" is only the clear and direct info for the Good Profit Trading works. BTC Look in uptrend, but we need confirmation in almost next movements. In the ICHIMOKU the trend is clear for check, but need confirmation with the VOLUME in MA20. I´m Miguel (MIKIBTC)... Happy Weekend! Best Regards!.
On the 4 hour chart we can see a Golden Cross MA20 crossing over MA50 on July 5, 2019. The trend line S/R at 10,777 could be retested if a break to the downside occurs. If we move upward with a clean break of the trend line the Fib .618 could be retested at 13,473. A bullish break could go to the 14K level.