Crypto Market Cap, BTC/USD, ETH/USD, USDT/USD, XRP/USD, Bitcoin
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Apple, Advanced Micro Devices Inc, Amazon Com Inc, TESLA INC, NETFLIX INC, Facebook Inc
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great buy if it continues along the ascending channel
a critical buy zone formed within the ascending channel. enormous support still rests on 650
volume is low
Bullish divergence is as shown on the hourly RSI.
expect a reach toward 250
looking for a breakout on the daily chart
this could drop as low as 260
we are waiting for turnaround on the weekly chart now.
on the daily, this coin might pull back although on the weekly, it's ready to break to the upside in a few weeks.
year end updates are expected to push the price out of the bearish trend. target is 33 and then 75-120
based on these indicators alone, it's difficult to say where the next move will go. a break above 950 could see some gains, but there is still a downside of 800 within the ascending channel
strong upward resistance near 360. strong support within the ascending channel would remain around 280
there is a strong pull on the rsi which is a good sign
no clear turnaround just yet
keep an eye out in November for buy signals this could break anytime through Dec and hopefully as soon as there's a surge in the market.
trend line sits around 285
despite divergence, volume is low and target price is less than 1000