Decent was on a downward trend since May after the bitcoin short term crisis. It is showing some progress on the 4 hour chart. The 1D chart is already in a falling wedge but needs to breakout the resistance line and need to close above. Its on its lowest point and doesn't look like that it is going to go down anymore. RSI seems in its lowest too but a reversal is expected. Besides that MACD may create a downward cross. A buy opportunity is shown if it closes above the resistance around 4600 sats - 5000 sats. But do consider to invest in small amount partially.
Buy Zone : 4600sats -4900 sats
Investment Duration : Mid/Long
Possible Targets
Target 1 : 6690 sats
Target 2 : 8011 sats
Target 3 : 9078 sats
Target 4 : 10145 sats
Target 5 : 11665 sats
Target 6 : 13600 sats
Stop Loss : 3918 sats
Good Luck.
Legal disclaimer:
Information on this channel is our team's analyst's "opinion" based on data available at this point in time. These opinions are not recommendations to buy or sell securities/commodities and cryptocurrencies. Trading and investing is a risk and you should not rely on this data to make any financial decisions. You must consult a financial advisory licensed by regulatory agencies in your legal jurisdiction. All information stated here and in our reports don't guarantee any possible profits or losses. Please do consider to do your own due diligence and research when making any kind of a transaction with financial implications. With Regards. TeamTWA.
Buy Zone : 4600sats -4900 sats
Investment Duration : Mid/Long
Possible Targets
Target 1 : 6690 sats
Target 2 : 8011 sats
Target 3 : 9078 sats
Target 4 : 10145 sats
Target 5 : 11665 sats
Target 6 : 13600 sats
Stop Loss : 3918 sats
Good Luck.
Legal disclaimer:
Information on this channel is our team's analyst's "opinion" based on data available at this point in time. These opinions are not recommendations to buy or sell securities/commodities and cryptocurrencies. Trading and investing is a risk and you should not rely on this data to make any financial decisions. You must consult a financial advisory licensed by regulatory agencies in your legal jurisdiction. All information stated here and in our reports don't guarantee any possible profits or losses. Please do consider to do your own due diligence and research when making any kind of a transaction with financial implications. With Regards. TeamTWA.