LONG TERM ANALYSIS
Falling wedge formation in weekly chart.
TD sequential- 9 candles completed.
Breakout chances higher(If volume spikes up keep an eye on it.)
MACD nearing crossing range.
NOTE - FOR EDUCATIONAL PURPOSE.
RSI is near oversold region.
Trendline support is seen in the chart.
Will this trendline support or will it break?
NOTE - 1.This is not an investment advice, its just for knowledge purpose.
2. Any suggestions or idea will be appreciated as I am learning TA.
Rsi has bounced from our second support near the level of 40.
Can we touch the 80 mark on rsi again soon?
NOTE - 1.This is not an investment advice, its just for knowledge purpose.
2. Any suggestions or idea will be appreciated as I am learning TA.
Here RSI is at a critical level near 47-48 range. If it sustains we can see the starting of wave 3.
IF that level breaks and BTC remains unstable, level 40 on RSI could be seen as a support.
Hope that this level sustains and we can see a pullback.
NOTE - 1.This is not an investment advice, its just for knowledge purpose.
2. Any suggestions or idea...
LONG TERM ANALYSIS.
Falling wedge pattern observed.
RSI is showing bullish divergence on daily chart.
If it breaks out on the upper side keep an eye on ETC/ETH .
Target 1 - 0.044 ETH
Target 2 - 0.068 ETH
Target 3 - 0.10 ETH
Note :- Before taking a trade do your own analysis. You are solely responsible for your profit or loss.
Bullish move will be confirmed after breakout.
Huge Potential.
MID TERM
Events on 17,23,24,31 JAN
BUY - 0.00025000 to 0.00027300 BTC
SELL -
TARGET 1 - 0.000448
TARGET 2 - 0.000650
TARGET 3 - 0.000800
