-Price above ma20, ma50 and ma100. (as per my understanding, price above 100 is a big sign for a new trend.
-ma20 and ma50 cross,
-breaking fib 50, need to open new candle above fib 50 for another confirmation of new trend and safe to buy.
Parental Guidance is Advise.
Fibo - Searching for possible Entry which is "C1"
Daily Candle appear below ma20 which is unhealthy. As you can see in the chart, the ma20 just cross ma50 and rushing going down.
ma50 and ma100 is preparing for crossing, this is a good sign because ma100 will fall down and ma50 going up, anytime ma20 can follow to uptrend just waiting for a good signal for...
Hello Guys! What else I could say, it's all there already. If I had miss something that you know, let me know, I'm open to learn more.
1st Signal of downtrend is the candle below ma20, 2nd Signal is the 9,400 was break, now it's a resistance already.
Thanks! Hope you like it!
-Parental Guidance is advise XD
"Trade on your own risk"
8400 - Weak support. it may bounce but can easily be broken..RSI 30-70 reaching oversold
6200 - Possible will bounce and possible to hit RSI 20-80 oversold
3800 - If this one will break, better sell it. Hehe Buy at 1,000.
For my PERSONAL reference and interpretation only.
8400 - weak support. possible to bounce since RSI 30-70 was oversold already.
6200 - Here we can say a big chance of bouncing. Possible it will reach RSI 20-80 as oversold.
3800 - if this one will break. Better to sell your BTC and buy on lower value. It will dive deeper.
-For my PERSONAL reference and interpretation.
Only strong will survive. Weak will fall