AUD/ USDT MACRO ANALYSIS
Very bearish on the daily and weekly we're now at a critical level once it break down the maximum target is going to be 0.66
Once it will reach 0.66 I am 90% certain that a bullish divergence will form on the weekly chart's RSI.
A very good price to open a SWING LONG POSITION.
If you're confused why swing long. I'm using BINGX...
No need for long explanations, just look at the chart, volume and price.
Big spikes on volume indicates a possible big price changes.
If you want to buy don't all in just put a good amount that you can afford to lose.
Not a financial advice, I'm just sharing what I see
55k critical level watchout for breakdown,retests or blunceoff.
I think a massive BULLISH DIVERGENCE will form in the 4 hour chart. 53k - 52k is our major support. I wish RSI hold above the previous low while the price is continues to create a lower low.
LINK USDT TECHNICAL ANALYSIS DAILY CHART.
Possible reversal or buy zone is $25 (WICK TIP) TO $26.
Breakout and retest at the previous trendline resistance that could possible turn into a support.
Support trendline at the bottom (blue line).
$77 target is based on fib 1.618
