The BITTREX:GBYTEUSD known a violent price correction today. The target @ 34$US is still there. The bearish resistance is futile.
BITTREX:GBYTEUSD @ 34 dollars between December 25th and 2021, January 4th
Technical analysis: . BYTEBALL/DOLLAR is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 43. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (114.00 to 95.00). if so, traders can set orders based on Price...
Technical analysis: . BYTEBALL/DOLLAR is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 43. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (114.00 to 95.00). if so, traders can set orders based on Price...
Technical analysis: . BYTEBALL/DOLLAR is in a range bound and Beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 36. . While the RSI downtrend #1 is not broken, bearish wave in price would continue. Trading suggestion: . The price is in a range bound, but we forecast the uptrend would...
Technical analysis: . BYTEBALL/DOLLAR is in a range bound and Beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 35. . While the RSI downtrend #1 is not broken, bearish wave in price would continue. Trading suggestion: . The price is in a range bound, but we forecast the uptrend would...