Descending Triangle generally is bearish formation 1) we have 2 reactions lows in horizontal line 2) we have 2 reactions Highs in Upper Descending Trend Line 3) declining volume 4) Lower high after we reached 14K ::> any downside breakout can leads us to 10K
Celer is doing well *Nice volume recently *found suppport at 148 sat *MACD crossed *Higher low first target 193 sat
every time Zilliqa was at RSI oversold area the price pumped 50% 1st target 220 Sat 2nd target 370 Sat
No Doubt that BTC is in great momentum ,up more 180% in just 6 months , but every rally need a break ( some correction ) to fill the necessary fuel to continue Bull run started in jan 2019 1/like i said in some of my previous analysis in any bull trend higher low indicator is very important because its shows us how healthy trend and This movement is one of the...
-price reacted well, yesterday we touched 116 sat (last support remaining ) and from there we reached 186 sat - RSI is oversold -good volume -positive news like listing i new exchanges and launching mainent alpha 1st target 220 sat 2nd target 270
BTC need to hold above 9,3K and keep Higher low to stay bullish in any bull trend higher low indicator is very important because its shows us how healthy trend and This movement is one of the tenets of an uptrend , in the opposite any break of higher low can lead us to a possible reversal
BTC is heading to 11786 one of the last strong resistance remaining we have ,, resistance formed on FEB 2018 (double top) , clean breakout can indicate that we are going to 13K ,, but we should dont forget that almost all indicators are overbought so rejection from there can lead us to 9.4K
the old resistance has became a support ,BTC need to hold above 10K if we want a continuation , but in worst case 8.5K would be a real test if btc hold there its positive sign if not we can see lower level
as shown in yellow boxes important resistance in 9700 to 9900 , we need to break above those levels if we want continuation , or major deeps is waiting for us like 8.8k , 8.2K (red lines)
double top +BTC has rejected 9.5K :::9.4K ,, rsi ema divergence on daily , we need some cooling off before continuing to 10K or more , 8.2K is great support ,, i think we maybe heading there
$one update we are in critical area , just on support line if #Harmonyone hold we can see then higer prices ,, dont forget that we are 13 days until mainnet
price is holding well +H&S on hourly $MATIC , possibilty for nice run but always watch $btc volatility ,, always set your stop loss and of course take profit
great opportunity to buy cheap @PascalCoin rsi oversold , stochastic in oversold area (waiting for the right volume to cross ) huge support around 9.4 k sat so just buy and hodl Good gem and team POLONIEX:PASCBTC $pasc #pasc #pascalcoin