Near term upward channel invalidated. Now appears to be trending between horizontal resistance and support. Wait for good entry near support, close your screen and ride it up towards resistance. This is on a 30m timeframe so stop checking the price every minute.
This is crypto so pls set your stop loss and check back after a couple hours or something.
Rmb to...
Firstly, zoom out on the BTC chart and you'll notice something. BTC has always revert to the mean. Everytime it dips below the 200EMA, it will go back up. I would bet on a reversion to the mean for BTC.
And recently, we can see that the 13EMA has also cross above the 21EMA, a golden cross.
Thirdly, MACD has crossed above signal line.
I would think it's worth a...
ZRXUSDT facing a resistance around the 1.80 mark. If we see a candle close ABOVE the 1.80 resistance, it's poised to break out to the 2.05 level with no further resistance in sight along the path. Do watch the price in the coming hour, it may present a good opportunity for a shot at a <10% gain.
Price seems well behaved along near term uptrend. If price dips near the trend line, may present a good buying opportunity to take advantage of the bounce up
Triangle pattern forming. Breakout imminent if the price doesnt fall into/past support area and break the pattern. Continue to watch the price movement, if it continues to consolidate in a rangebound manner, be prepared for a break out like the past few times
Currently consolidation phase. May need to overcome the above Supply zone above before it can truly break out. Volume will be crucial to bring about strong buying pressure, otherwise it may just continue to trade range bound in the near term. Keep an eye out on the volume if it does start to break out. Low volume may mean a fake out and a reversion back to the...
