In context, depending when you see this, for the short term we would see price reaction on the downside but will break out of the pole (only if proved to be formed) and will make a good long term investment.
Rejection in resistance of $44,391 either causing an impulse towards a support of $40,000 or miraculously can test the resistance of $48,000 (highly doubtful) , but signals more of a bearish manoeuvre.
Bitcoin does seem like it has formed a bullish divergence, indicating that its a good time to long BTC. Not much needed to explain, charts are self explanatory.
From the looks of research on Cardano their seems to be a $750million investment that will be going onto cardano by the end of March which will drive the price for 1 share of Ada to increase dramatically. Moreover the chart also shows an upside.
Please leave ideas whether you believe doge coin would break out of the triangle formation.
I’ve also seen Elon Musk tweet about doge coin earlier on the day which usually helps boost the share prices to increase around 10%.
Have a good day :)
From what I’ve seen is that bitcoin is going to meet a down trend which is also supported by both the analyses and RSI.
The RSI shows a downtrend where as the candles show an up trend.
the chart speaks for its self.
Have a good day :) please feel free to LIKE :) will make my day
From what I’ve seen is that Bitcoin is going to meet a down trend which is also supported by both the analyses and RSI.
The RSI shows a downtrend where as the candles show an up trend. Meaning their may be a potential down trend.
The chart speaks for its self.
Please don’t hate thanks :)
This has been following the trend for a while and I stopped analysis on this stock and I return to see that it’s meeting the trend. Potentially may rise in the long term so buy and hold. As well as research :)
From what it seems like to me it looks like shares price are going to go down than go back up and go over resistance. I’m new to the whole trading platform, therefore I’m not too sure and any tips on how I can improve my knowledge would be much appreciated thanks :)
