WCI Daily RSI retested the downtrend line before climbing up as world cup fever is coming
WCI (WORLD CUP INU) has emerged as the first World Cup themed token on ETH
Endorsements: Pro Elite footballers Ronaldinho, Arturo Vidal, Dani Alves, Luis Suárez
Utilities: On-chain / PvP WCI Bets; SportsWatch; NFT jackpots; World's first decentralised Sports leverage...
When most analysts point to the continued uptrend of bitcoin , it takes courage to put bearish analysis. Nevertheless, this is my analysis. I do not think this monthly chart needs to be explained. See, for example, the negative divergence in the monthly RSI and MACD charts. This chart shows the decline in the price of bitcoin and the decline in the price of altcoins.
Sounds bullish: Three games will be live on the launch date, one more game follows a week later and a total of seven games will be launched until the end of December.
The coin was listed at the Kucoin Exchange a few days ago. You can now stake this coin. They will release their game in November. Mainnet and Metaverse soon. Big news on Friday. Accordingly, the price should break above the downtrend line. But it is better to wait for a price close above this line.
The price of Bitcoin formed a Double Bottom in the 4H chart. In order for this pattern to be complete, the price must break (and close) above the static and dynamic resistances with a good volume. If we do not see a good volume, this break will not be valid.
