Status; Trend continuation
The pair is in a downward trend. Waiting for a retracement at 0.8930 or the downward break of 0.8875 to go short.
ENTRY; 0.8930/ 0.8875
TARGET; 0.8861 & 0.8815
Only the upward break of 0.8952 will invalidate the trade.
Status; Trend continuation/Overbought
The stock is set to move lower having met resistance at 530.161
ENTRY; Current price 520
TARGET; 482 & 457
Only the upward break of 555.700 will invalidate the trade.
Status; Trend reversal
Waiting for a retracement to 0.7213 to go short or enter at the break 0.7171.
STOPS; 0.7217 & 0.235
TARGET; 0.7141 & 0.7113
Only the break of resistance at 0.7235 will invalidate the trade.
The popular cryptocurrency is set to make a move up having hit extremely oversold condition on a support level at 3688. Watch out for a cross above the supertrend line to go long.
Target 3900 & 4150
All the best!!