As From Graph clearly seen that SLP is at their support(best entry position) around 0.0861$
Major resistance area 0.201$ - 0.256$.
Target set as 161% profit at 0.2062$(resistance lower level) around fib retracement at 0.385.
Next target is 0.256$(resistance upper level). around fib retracement at 0.5.
RSI(20) around 32 here best entry point we got.
NIO TECHNICAL ANALYSIS
The previous trend and Fibonacci retracement show It will go short around 40$ to 36$ . So Sell and wait for the next target as set on the graph at that position 36$ if shows a green candle then take entry after confirmation.
If it breaks this support then the next support is at 32$ . IF...
BTC Technical Analysis BINANCE:BTCUSDT
Here's sledgehammer breaking the resistances.
Buyers are dominating at this position. Every Hammer breaking the next resistance.
Ascending triangle also shows that it will go up.
If it crosses 50k resistance properly not fake breakout.
Then the next target will be around 58k .
So be patient and wait for BTC to go around ...
As in the graph, it can be clearly seen that it repeating its trend.
Black arrows are mentioned as reversal points.
In this month BTCusdt will up around 53k.
You must enter this position and make a profit at 50k stop loss. Then wait for the next dip and entry points
This is my view. Thanks
BTC Will be short in the upcoming days and then goes long.
So be patient and take entries On 7th September best entries point mentioned on the graph.
set targets accordingly.
Note: Take entries after confirmation when green candle comes.