Here you can find our long term view of ADABTC.
More than 4 months ADABTC does not have directed trend. Price haven't raised more than 0.00000560 and have been bought over from 0.00000400.
Now we can see that price is approaching to upper resistance line of trading range. Breaking through this level can provoke lots of buys and significantly move price upward to...
It looks like BTC is raising in a wedge and drop possibly be soon.
The move from 6500 till current price ma be a 3-segment correction which can finish between 50-61.8% fibo.
RSI is close to overbought zone.
WARNING! Be careful to trade nearest time, weekly MACD index is close to 0 point so sharp and quick movements of price can take place! All...
Trend line on 1d chart broken!
Cardano has a chance to possible pump. Near stop and big take, its a good risk management trade.
1st buy - current price
2nd buy - 0,038
Stop Loss - <0,034
TP 1 - 0,055
TP 2 - 0,065
In case of closing current day higher than 7200$, there is high possibility to test 7600$ level. If bulls will be able to break through this level, the next serious resistance zone may be around 8600$. If bears will win fight for 7600$ level, sells can degrease the price down to 6500$ zone.
BTC continues downtrend.
Week has closed on new lows and it can move the trend to go deeper. Volumes are low as well.
Brief trade review:
- Sell till 7300$
- Stop loss above 7400$
- First target 6550$
- Second target 6000$ - 6100$
The price is on the bottom of wedge.
First strong resistance will be around 0.0062 and near the same price is 4h MA.
Brief trade review
- Buy on current price
- SL under 0.005970
- 1st target 0.0062
- 2nd target around 0.0065
ADABTC SHOWS SEVERAL SELL SIGNALS:
- THE UPWARD CHANEL SUPPORT HAS BEEN BROKEN
- The is a divergence between RSI, MACD with price.
- price under 22 day MA
Brief trade view:
- Sell around 515
- SL - more than 528
- Target 1 - 488
- Target 2 - 450
More than one year, XRPBTC is in downtrend, lost around 70% of its value. In our opinion, there are any marks of changing this tendency.
Today the price is in the flat correction and trading near October's Low and also under 200 day MA, what tells about a bearish mood.
Supposedly, the price is going down inside the wedge, which started in September 2018.
TRXBTC failed to 220 level and showed the double top.
Three falling down tops says about weakness of upward trend inside the rising channel.
Additionally, MACD 4 weeks in sequence haven't raised.
Previous week is still in bearish merge.
Stop loss > 220
Take profit 1 - 196
Take profit 2 - 170
ETHUSD is going inside downtrend channel and after fail prompt of breaking the down border line of the channel, we consider the possible correction upward wave.
The main resistance zone is around 157$, in case of breaking it through ETH can reach 0.618 Fibo around 173. This level is also strengthened by 50 daily MA.
After all, RSI is oversold and MACD shows the...
Inability to close the week under 7300$ level tells about possible deep correction of BTC.
We still are inside the downtrend channel, but daily RSI is currently oversold and daily MACD is closing to 0 point from red zone, what give us a chance to try to enter the long position.
First and the most serious resistance zone is around 7800$. If the price is able to...