MACD and OBV indicate a divergence signal with RSI confirming average price gains from the previous trade. Where volume was closed above the MA20 line. It is possible KPOWER is in the accumulation phase since the candlestick is still in a sideway pattern due to no significate price momentum to break out the sideway trendline. Let's put KPOWER in WL and watch out...
Here we got two possibilities for potential entries. I marked the most important trendlines atm so the price will be attracted and reacting on those lines. Wait for break above or below structure and see if it will make a continuation.
Price stops at support to retest a broke resistance , this support not a weak It's an old support facing 0.5 fibo daily level and above daily Ema 200
Hello, community members welcome to this BNB/USDT daily chart update by Domino crypto. Don’t forget to hit the like button if you find this update helpful because this motivates me to bring this kind of update on a regular basis. Now, Let's get to the chart, As we can see from the above-mentioned chart that BNB/USDT still trading inside the descending parallel...
Welcome to this quick BTC/USDT 1 hr chart update. As I mentioned in my previous update it moved well till now pumped almost 16% from the price level of $26700. Now BTC moving down to retest the upper trend line and if it holds the trend line support then we can be able to see more green candle in upcoming hours. It is also evident at above mentioned chart that...
As shown in the chart in each cycle the bitcoin tend to visit the 200 Weekly MA in its last bear trend capitulation, notice the following terms in the chart: - Golden zone: is the area where Bitcoin will potentially mark the bear market bottom, and most traders will agree its a bear market and flip bearish, the bear market will be at it final accumulation...
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