DOCK USDT - Graph weekly - A Volatility contraction pattern (VCP) is building up - Some unusual volumes could be observed yesterday leading to a movement of + 20% Dock crypto fundamentals: manage and present digital credentials that are instantly verifiable using blockchain technology Looks promising and Capitalization of 71 Musdt. Let's see the development of...
Some sellers are blocking the price below a resistance around 0.91. When this resistance will be broken we would observe a major move toward the level of 1.00 and then above. Wait and see how the price action will behave.
The BTC is currently in a range since few days. It holds the 62000 which is quite good. Update Trend BTC Trend Weekly ↗ EMA20 ↗, MACD >0 Trend Daily ↗ EMA20 ↗, MACD >0 Trend 4H Flat EMA20 ↗ , MACD <0 Trend 2H ↘ EMA20↘, MACD ↘0 Trend 1H Flat EMA20 ↗ , MACD <0
Try to take this Break out Buy:1.13 Stop: 1.109 PNT is in the sector of the NFT, looks to have a potential recovery
Possible Bart Simpson Pattern, we are not in a bullish Trend, so Normally buy the support and sell the resistance, Anyway, I keep tight the stop in case the market reverse.
There was a great uptrend leg that started last Friday 01 Oct. At the moment a consolidation is setting and we need to wait to see a more mature consolidation in view of the next uptrend acceleration. A that time will be interesting to find proper trading set up. Have a nice Sunday, keep safe
Find below the update for the BTC USDT - Graph long term, with the Elliot wave. BTC still following the upward long term trend
BTC USD Elliot Waves - Weekly Chart - Update 12 August 2021