the price will continue to drop to 98$, which is a strong FIB line (0.382), and after that, it could go up to 106$
also, it could go to 90$, but after that, it will go up to 98$
based on the simple analysis in the chart, we can see the the price is going to strong FIB level. with mostly will be reflected to FIB level (0.786) which is 111 Dollars and its week level which is mostly will go to 121,
please give me your feedback or opinion in my analysis?
as shown in the graph the chart is taking a triangle shape with 2 heads and 2 bottoms and this indicates that there is jump may be up or down.
SAR indicator shows that the market is going up, also ADX shows an uptrend, and RSI Stock is in the middle going to the overbought zone, there could be a downtrend soon but not know
there is a triangle (support + resistances) formed on the chart and showing strong support level,
also on SAR its showing downtrend and it's close to be reversed to uptrend, and on ADX shows a confirmation on there is trend coming and stock RSI shows an oversold levels and this an indicator for uptrend coming
Ethereum now in downtrend and ADX indicator is confirming this.
also, we see that candles at the 0.238 Fib level which is weak and can be broke soon and it could reach 0.05 BTC, also the SAR indicator shows a downtrend as well, but we see at stock RSI that is oversold and this is an indicator for soon it will get back to mid or overbought and
based on ADX the market is going sideways, but in the next few days i will face a resistance level if the market brock up the resistance it will go up to 0.000115 btc, and if it didn't brack it, then this is a high risk and its falling to 0.000051 btc.
recommend buying 0.000079,
stop loss on 0.0000742
target #1: 0.0000968
target #2: 0.000116
we started to see that there is a new trend started to happen, and this trend still not clear in which direction is going to based on ADX, but on SAR its still as a downtrend.
in the next few days this trend will hit the resistant level and the trend will be reversed to uptrend, and to approve this the "stoch rsi" indicator is oversold and this is a good...
