After 40 % rally over the three last weeks the probabilities for a good short on BTC are rising.
RSI is over 80 indicating over bought situation, MACD already rised largely and could be cutting the signal line soon.
More over the chart pattern are not favorable for a new pump
NErvetheless patterns indicate that 50k dollars can be reached before the begin of...
Indicators could soon be perfect for a re Entry.
A coin with strong fundamentals.
To watch closely after the coming btc mooves
Target 1 : 625 sats
Support : 520 sats
Stop Loss : 495 sats
Disclaimer
High Risk Investment
Trading cryptocurrencies carries a high level of risk, and may not be suitable for all investors. Before deciding to trade cryptocurrency...
Indicators are admitting a strong probability of correction on ETH. It cpuld be linked to the next BTC mooves.
RSI MACD are not sexy and a lot of volume was transacted the last weeks.
time for a litle correction to make the price attractive again and confirm the trend reversal with some higher bottoms ?
Trading plan
SL : 0,04
Support : 0,0385
Target:...
MacD looks nice
The trend shows higher lows and higher highs
The pattern is pretty good on the long term and in the short term a double bottom is almost confirmed.
some pump mouvement could happen over the next weeks
Trading plan :
Target long term : 750 sats
Target short term ( Mid - Feb ) : 655 sats
Support : 550 sats
Stop loss : 520 sats
Double Bottom And Cup and handle
Confirmed by RSI and MACD status
Volume would confirm the moove
Trading plan
Target : 130 Sats
Support : 80 Sats
Stop - loss : 74 Sats
