Hi TV community, here it comes a trade analysis for crypto traders.
The worst has already gone, we are going upward a up trend in the most of the cryptos, IOT, XRP, ETC, LTC, ETH they all are going up thro a uptrend, and the well noticed will got it, on exchange or margin trading, so here it goes.
The 3th EW is clearly counted, and the prove is the fib levels, they aren't on the analysis but it have been counted, considering that IOT has already retraced down, not fib levels but the necessary to go for the 5th countdown EW,
so we must wait and see what going next.
ADX-DI is on neutral point, red line going down and green line going down, but de white line is pointing down but RSI and MACD are bullish
RSI is on middle level, not overbouth or oversell, this means that it got space to go up
MACD Histogram are great, bars are going up also as the lines
The worst has already gone, we are going upward a up trend in the most of the cryptos, IOT, XRP, ETC, LTC, ETH they all are going up thro a uptrend, and the well noticed will got it, on exchange or margin trading, so here it goes.
The 3th EW is clearly counted, and the prove is the fib levels, they aren't on the analysis but it have been counted, considering that IOT has already retraced down, not fib levels but the necessary to go for the 5th countdown EW,
so we must wait and see what going next.
ADX-DI is on neutral point, red line going down and green line going down, but de white line is pointing down but RSI and MACD are bullish
RSI is on middle level, not overbouth or oversell, this means that it got space to go up
MACD Histogram are great, bars are going up also as the lines
Trade active:
After this bearish days, the uptrend channel has been crossed (purple circle) but it isn't a best signal and it still on 4th correction wave, fib retracemente has been considered and the next support level are near, after that we clearly go to the 5th and up wave