As the chart illustrates, we have a special strong resistance in the price of 0.2825. If it breaks, it will reach 0.4846. Otherwise, we will not see a good result.
As you see, we have retested the price of 0.2480. The price is under the EMAs and I assume that we have a great fall over the 0.1955.
Sand is repeating its previous scenario as you can see in the chart.
The history is being repeated... I'm eager to see your ideas.
The price has retested the dynamic blue trendline recently. If we lose this support, we can see the price of 0.3820.
The price is retesting the EMAs and Fib 61.8. Also, the EMA20 is over EMA50 and the RSI is retesting the resistance.
All the factors that prove a bearish movement signal, are mentioned on the chart.
I believe that the first support level is strong enough to push up the price again. Because the previous support was really sharp and this makes it stronger. But we have a bearish dynamic trend line that resists. Also, the price is still under the EMAs. These factors show that we've got a bearish signal...
The EMA20 is going over the EMA50 and the RSI has touched the dynamic resistance. And also the price retest is confirmed. I think the is no problem but we have to wait and see if the last candle closes over the blue dynamic resistance line.
See the description on the chart, please. ---------------------------------------------------- *Note: This content is just a personal idea. Trade at your own risk, please.
Unfortunately, the price is going forward to seeing *141.14*(As the Bitcoin is moving). Reasons: 1. The RSI has touched the resistance and the reaction is clear in the chart. 2. The price is still moving under the EMA. 3. The EMA20 is still under the EMA50. -------------------------------------------------- Thank you so much. Have a great day >_-
I've got a strong bearish signal from the RSI. As I told you before, we might see the first buy setup level shown on the chart. I'm eager to see that asap. And I am more eager to see your own ideas... >_-
The resistance of rsi has been cut. Never enter...
NOTE: This content is just a personal idea.Trade at your own risk, please.
As the chart illustrates, the price tends to go down more, but we have to see if it can break the rsi line down. If breaks, we will see a specular fall of ICP price reaching 33.00
We are going forward to reaching the buy zone. Always take a look at the RSI indicator for a confirmed signal.