JUSTPUMPIT
Btc failing to break 50k will result in a drop to 43k then 35k, RSI is heavily overbought on the daily chart, I'm not shorting just expecting to drop lower
Dexe has lost a lot of volume in the last 48 hrs, down from 125+ million USD to 16 million USD, Unlikely to see a strong reversal unless those buyers come back in to push price, also if bitcoins drops if it will further influence a drop for dexe
Dexe has come back down after a small push to 19.40 and is retesting the trend line, if this trend line is broken we could see dexe drop to around 15 - 16 $
Dexe was recently listed on binance and has gained a nice amount of traction, dexe has respected the trend line and looks like it will continue to rise
Lets see what route theta decides to take in the following days. BTC is having a huge influence on thetas price at the moment. Follow for updates.
Theta has been stagnant and moving slowly over the past week compared to other coins on major exchanges, this could mean theta is yet to see another wave of buying pressure which could happen very soon.
This is my outlook on theta, Bitcoins recent bounce has helped theta rebound from $6 level lows, Upcoming updates to theta will create bullish sentiment. follow for daily posts
In my previous BTC post I mentioned we could either break down below 44K or head up to break 50k Targets..
Audio looks like it is creating its daily low at the moment, RSI is oversold so we could see a bounce when the new daily candle comes in
Two different scenarios that could play out here for Btc
After partnering with Tik Tok this crypto has had a lot of volume flow in and may continue to make a new ath
Audio up 90 percent, its time for it to come down after such a big move
Audio is quite high now and I am expecting a small pull back for correction.
Waiting to see if we bounce off some lower levels or break down before placing long trade, Overall I am bullish on this cryptocurrency as it is a threat to spotify
This is my outlook on theta, Ive indicated some sell zones using the dashed horizontal line.
Uptrend could keep going after touching some lower levels just wait and see before taking any risks
As the market recovers we can expect price to return to previous higher levels.
Bake could drop further as bitcoin slowly makes it way down after pumping to 42k, Bake is developing a sharp bearish trend on the 4hr chart so I am going to wait for lower prices