-Cindicator is dropping hard during Bitcoin sell-off
-Almost all coins will suffer the same faith as Bitcoin's action
-CND is about to test the 1st key area of support around 92 sat
-If we can see a Bullish rejection within this zone
-This could signal a new support territory in the short term
-But if this region also fails, the next stop is at...
Here Are The Reason For Shorting BINANCE:CNDBTC :
1. The Rising Percent Of Two Peak From Their Bottoms Are Near ( about 200% )
2. In Two Rising
Ma 7 = 10% Above Ma 25
MA 24 = 14% Above Ma 99
3. Resistant Lines Are Finding More Slopes Just Looks Like Each Other
4. Composite Index Are Decreasing While The Price Is Surging ...
It Is Time To Think...
Buy 1, buy 2 and moon signal say we can buy. Here is my analysis:
1. We can buy when risk/reward ratio is less than 2, so we should not buy now.
2. We can buy at support = 42satoshi or at the uptrend line
3.If the chart goes below the McGinley dynamic line and risk to reward ratio greater then 2, we can buy.
4. We can buy when resistance turns to support (1D open...
CNDBTC creates a nice inverse head and shoulder on weekly timeframe. The price retested the weekly support and now is inside an ascending channel.
According to Plancton's strategy, we can set a nice order
Follow the Shrimp 🦐
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken ...
CND/BTC is testing 0.00000088 resistance.
This value has been touched multiple times.
The more it is tested, higher the chances of breaking it.
This coin has a history of big pumps out of nowhere. With big wicks of 60+% in one day.
Many alts with low cap behave the same for obvious reason.
Although it's a low cap, the project has a decent reputation. For...
Buying in the area 0.00000082 - 0.00000063
1 - 0.00000098
2 - 0.00000127
3 - 0.00000153
4 - 0.00000186
5 - 0.00000241
Breakout of 0.00000056, the price may fall below
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Waiting for your comment, what do you think about this?
Cindicator (CNDBTC) is getting ready to move or so it looks like based on this chart.
Prices are trading above EMA200 (brown line) with bullish indicators.
Here I've marked the main target that will hit next if a bullish breakout does take place.
This is set at 136 satoshis (0.00000136) for an easy 60%+.
You can find higher targets if you zoom out...