As you can see in the chart, we can hope to 54$ if the RSI breaks the downtrend.
we can say the market is still bullish if the progress above is complete.
as shown in the chart the ETH has managed to reach 61.8 of Fibonacci in the ascending rally. in my opinion, we have a correction in the price down to TP1, in case of lack of support at this point, the price can decrease to TP2.
I think the TP1 is more probable because the MA200 and a support line both are supporting the price.
Good luck guys
As shown in the chart, BTC/USDT has a heavy sell pressure in TP2 because it contains a resistance line at the intersection with MA200.
If the price is successful in breaking the trend line validly we should expect we can expect a higher price near TP3.
As you see last candle of daily chart touched the trend line and support line had drawn on chart. in my opinion we will have a bullish market for BTC.
don't forget to set stop loss.
Good luck
according to the BTC.D chart you can see the btc has a strong support line about 40%, I think btc will grow above the support line.
due to the fibonachi the price will increase to 23.6%-38.2% near the resistance line that is BTC.D 50%.
now we have a btc.d under golden moving 200. its a tip. don't forget the power of moving 200.
it's not a financial advice
hi traders.
based on my analysis DMD/USDT has great potential for growth. you ask why?
1-touching support line
2-it's under 200 moving average
3-according to the fibo shown in the chart it can touch it's first target point on 61.8% of fibo about 70 usdt
So you can buy and hope to have large amount of profits.
its not financial advice.
According to chart and zones specified, BTC has stabilized its position above the support 30K.
due to the proximity of moving 200 and resistance zone between 40000 and 40800 (heavy resistance) in case of failure of this resistance zone BTC can see 45000-45300.
if you want to know what will happen after, follow me on tradingview.
