On the 1hr chart 4EMA is used to suggest that the lower line is far from conceding the top three lines and the trend will remain bullish and the three lines are conceding for another bull run. The amount of transactions is also very much high on BSC (Binance smart chain). BNBUSDT recovered from the crucial support level of 240$ after a big dump on sunday 21 feb...
4EMA Suggests its far from being in bearish trend ,it will break 2000 resistance soon.
BTC is going to retest 42k as it failed multiple times crossing 50k resistance at 48-49K .At 45k BTC did little correction.It seems to be BTC will do major correction before it will be able to cross 50k resistance with little to multiple consolidations imo. THIS IS NOT A FINANCIAL ADVICE ITS BASED ON MY TA. THANK YOU.
The pattern remains bullish throughout the month of JAN 2021 and here we entered FEB before CME futures launch, its 5 FEB here, I think in the long run it'll continue and will remain bullish. According to 4EMA the lines 8,15,21 still did not concede and the 55 Line is still far behind and below the candles suggesting ETHUSDT will be going up on Monday up to $2000...