BTC is staying above support and below the 20/50 EMA which serves as additional support for intraday market movement. RSI shows moderate upward rally after bullish divergence BTC still has room to move up before momentum reaches oversold region. MACD indicates that the bulls are slowly losing momentum and moving averages in an upward move. BTC still on upper band...
Bollinger Bands squeeze $1.32 is at the bottom of the Bollinger. 20 and 200 EMA Has crossed above price if 50 EMA does not hold we are seeing a slow downward move for ADA possible move to $1.15 area.
Market is breaking down from a rising parallel channel after rejection at 41k. Bearish candle closing below 20, 50, and 200 EMAs. Tight squeeze on bottom band of Bollinger and has over extended. Next level of support is at 36.6k. RSI level on 1H almost crossing oversold region. If Bulls do not regain control of the market and downward trend continues we will be...
Bitcoin moving up after previous breakdown from 40k level
1HR chart moving above 200 EMA but is yet to break on higher TF
Bearish divergence spotted on 1H TF which was succeeded by breakout from downtrend
Possible upward movement for SHIBUSDT
- Ascending triangle after impulse move
- Market Movement above 50/200 MAs
- possible breakout above next level flipping resistance to support
- possible long entry after breakout
Looking for a reversal as VET is approaching a recent and tested area of support
Market is in an oversold region waiting for double bottom to enter and go Long
Possible breakout and trend continuation from bullish pennant. Probability of breaking to 38k if we see more trading volume.
Bullish candle on 4h and daily charts.
Bullish bounce from 50 EMA
*** possible breakdown to 35k since we are approaching the weekend which has lower trading volumes.
