#SPELL
The price is moving in a descending channel on the 12-hour frame, about to break upward
With a strong support area in green at 0.0007000, the price has already bounced from it
We have a trend to touch the Moving Average 100
We also have a downtrend on the RSI that has been breached upward
A moderate rise is expected over 3 levels
Entry price is...
#SPELL
The descending triangle has been broken since July 2023
The downtrend was retested again before completing the rise.
The first goal is 0.000800.
The second goal is 0.001070.
A correction is expected after the first goal.
This bullishness is supported by oversold conditions on the MACD.
It is also supported by a moving average of 100 upwards.
It looks like SPELL is inside rectangle consolidation with strong buy at 0.0215$ and sell above 0.0262$.
Bullish:
- strong buy at support zone (nice wick festival here) ✅
- Stoch RSI on 12h and lower time frame ✅
- nice fakeout wick which is bought up quickly ✅
Bearish:
- RSI breakout ❌
- Stoch RSI on D, 3D ❌
Check previous SPELL analysis before breakout:
MAAMA ZAWIL IS a POWERFUL psychical SPELL CASTER / TRADITIONAL HEALER and clairvoyant using native divine spiritual healing Analyze uses ability to tune into most relationship problems and focuses on the emotions related in all aspects of the reading. Powerful wealth spells to gain more money. Let success & prosperity flow into your life using money spells to...
Bitcoin BTCUSD
Apologies for leaving Bitcoin unattended yesterday, busy with other business. It was left 'positive whilst above 15485'.
Well that didn't last long. This level was lost to bears early in
London yesterday and the subsequent rally took BTC all the way back to up to the 15485 blue line precisely - before
falling away again by 1800 points. It was...
