Expecting a further push up, to the trendline. RSI way oversold.
I have been eyeing this crypto for quite some time now, I strongly believe that this will break the upper trendline and go to the major resistance then retest the trendline to shoot up to the upside. However, there is a possibility of movement down to the major trendline @3424.70 which could follow through to a support zone @2799.45
This is my analysis of the pair, looking for a long term buy to the upper side to TP2 which is denoted as 1.17997 or TP1 as 1.7064. Also anticipating a bearish drop down to the major support zone @1.15271 🙂
This is my analysis of the pair, looking for a long term sell when it enters the 85.932 - 85.011 range all the way down to touch the major strong uptrend line which is denoted as TP2 @80.204 or to the previously broken minor resistance @81.773. The RSI is currently @78.74 which indicates overbought. In the coming days/weeks I'm expecting a shoot to the upside to...