Evening Traders, Today’s analysis – BTCUSDT – trading in a clear price action trade where a rotation to the lows is probable, Points to consider, - Price Action Impulsive - Lower Daily Support (Demand) - Higher Daily Resistance (Supply) - POC and Range EQ Resistance - Low Volume BTCUSDT’s immediate price action is impulsive and is trading under a key...
Its possible COVID19 crash needs to be discounted when interpreting it. All details on chart. NOT ADVICE. DYOR
Evening Traders, Today’s analysis – OCEANBTC- trading above Local S/R with technical confluence, a bounce here is probable. Points to consider, - Price action impulsive - Local S/R Support (200 MA& .50 Fibonacci) - Upper Local S/R Resistance - Oscillators Diverting - Volume influx OCEANBTC’s immediate price action is testing a key trade location with...
Evening Traders Today’s Technical Analysis will be on XZTBTC that has been in a strong bull trend, a correction and a retest of the .382 Fibonacci is likely before a continuation. Points to consider, - Bull trend intact – consecutive higher lows - Key support (.382 Fibonacci) - Local resistance to break - RSI correcting to support - Stochastics projected...