Hello Everyone As you can see we are in a crossroad whether that we can successfully break the long down trend by finding support on the trend line and maybe reach the ATH or we can get rejected and continue the downtrend my money is on the down side more than upside because I think BTC is in a bear market too and this is a sign that you should be careful on your...
Uni is building It's base after a massive move from 3$ to 8$ we can expect some consolidation for a short time and according to RSI we can have another test of the bottom around 4.6 and it creates a short position for buyers to enter in my opinion. I'm not a financial advice always do your own research before buying. Have a nice weekend.
in 4h chart it seems that we can come back and retest 11k for support and bounce to these targets and if 50 MA crosses 200 MA that would be a huge buy signal. What do you think? please give me a feedback about the chart
As you can see the green lines are previous support and the red line is the major resistance above us if we break above the next target will be 9.6 or 10 and if we break above that and find support on 9.6 we would see my previous target 22.5 in the next weeks. Let me know what you think.
As you can see RSI and MACD both indicates bearish divergence and also the red horizontal lines are previous resistance and the green horizontal lines are previous supports and take a measure move to the top of the bull flag could take us up to 400 once again but the break of the bull flag could take us all the way down to 320 to 350 range in the days ahead but...
We can find support between 25 to 27 then bounce once again to 36$ and might breakout once we get there.