Hello. CHZ is currently trading at the price of 22 cents. Our rising wedge indicator indicates that there is a rising wedge pattern on the hourly chart, so we may expect a trend to the downside within the coming days. Following this outlook, we can see that the RSI is getting ready to touch oversold positions with the RSI line, and our moving average touching...
We are on the 4 hour chart with the current price standing at around the 3151 levels. The current forecast for BabyDoge is that the price will continue to downtrend towards the 2900 support level, and make a reversal to the upside. If the price succeeds through the first downtrending resistance line, then the price will uptrend to the next downtrending resistance...
A new pennant has now formed on the 15m chart. Two key levels are at the 35598, and the 39297 levels. If we get a green day, then bitcoin may be able to break our nearest resistance level, which is at the 39297 level, and receive a little uptrend.
We currently have a symmetrical triangle upon us with two key levels around 0.98, and 0.93. Depending on the market, and if it can stay green, we can stay in the upper triangle, and continue to bounce the 0.98 levels. If a red market occurs, then we may possibly bounce off the 0.93 support level.
NFA. DYOR
Based on our technical analysis, we are currently looking to test the 1985 key level for support off our fib levels. We currently have a bullish triangle pattern. Our support level is at the 1482 level, and our R1 is around the 2200s and the 2300s. If we break the R1, then a bullish uptrend may be upon us.
As always, do your own research.
Here, we are on the 15m chart for BabyDoge. Our support level is at the 4001 levels. A slower uptrend may continue throughout the next few days. This will all depend on the broader cryptocurrency market.
As always, do your own research.
