Expecting to bounce from support line and breakthrough the triangle
Priceline of Internet of Services / Tether US is forming a bullish shark pattern and soon the price action will be entered in potential reversal zone. RSI is oversold. I have use Fibonacci sequence to set the targets. Buy between: 0.008236 to 0.008022 Sell between: 0.008426 to 0.008844 Regards, Atif Akbar (moon333)
Technical analysis: . ISIMPLETOKEN/DOLLAR is in a downtrend and beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 31. . While the RSI downtrend #1 and the price downtrend in daily chart is not broken, bearish wave in price would continue. Trading suggestion: . The price is in a...
Technical analysis: . ISIMPLETOKEN/DOLLAR is in a downtrend and beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 31. . While the RSI downtrend #1 and the price downtrend in daily chart is not broken, bearish wave in price would continue. Trading suggestion: . The price is in a...
Technical analysis: . IOSTOKEN/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 45. . The RSI downtrend #1 is broken, so the probability of beginning of uptrend is increased. Trading suggestion: . The price is in a range bound and we forecast the...