ADABTC SHOWS SEVERAL SELL SIGNALS: - THE UPWARD CHANEL SUPPORT HAS BEEN BROKEN - The is a divergence between RSI, MACD with price. - price under 22 day MA Brief trade view: - Sell around 515 - SL - more than 528 - Target 1 - 488 - Target 2 - 450
The move from high 7870$ looks as the 5 Elliott waves and it is going to be the correction up to 0.618 Fibo or high of the 4th wave. The target can be even around 50% Fibo on 7470$.
More than one year, XRPBTC is in downtrend, lost around 70% of its value. In our opinion, there are any marks of changing this tendency. Today the price is in the flat correction and trading near October's Low and also under 200 day MA, what tells about a bearish mood. Supposedly, the price is going down inside the wedge, which started in September 2018. Brief...
TRXBTC failed to 220 level and showed the double top. Three falling down tops says about weakness of upward trend inside the rising channel. Additionally, MACD 4 weeks in sequence haven't raised. Previous week is still in bearish merge. Briefe review: TRXBTC Short Sell 211-215 Stop loss > 220 Take profit 1 - 196 Take profit 2 - 170
ETHUSD is going inside downtrend channel and after fail prompt of breaking the down border line of the channel, we consider the possible correction upward wave. The main resistance zone is around 157$, in case of breaking it through ETH can reach 0.618 Fibo around 173. This level is also strengthened by 50 daily MA. After all, RSI is oversold and MACD shows the...
Inability to close the week under 7300$ level tells about possible deep correction of BTC. We still are inside the downtrend channel, but daily RSI is currently oversold and daily MACD is closing to 0 point from red zone, what give us a chance to try to enter the long position. First and the most serious resistance zone is around 7800$. If the price is able to...