Welcome fellow Tradingviewers,
In our last analyses we clearly showed everyone the buying range from 58-60 sats catching the wick of the weekly candle perfectly.
If you would have bought in that area, you would now be in a profit of around 30% which is a nice start for just a few weeks.
Monthly:
- Monthly close above 78 sats would be a big deal because then we would have our 3rd bullish engulfing on the monthly, indicating more upside.
Weekly:
- Last weekly candle was a neautral one.
- We are currently testing the 50MA resistance, breaking above would be bullish, for now indicating more downside momentum.
- RSI is neutral
- MACD is still bullish, indicating more upside.
Daily:
- The last daily candle has closed as a bullish engulfing, indicating more upside momentum.
- We are currently testing the last resistance when it comes to MA's Currently testing the 100 MA
- MACD is still bullish, indicating more upside momentum.
- RSI is in neutral territory
In summary:
The most important thing to watch now would be the breaking of the 50 MA weekly, if we manage to break this resistance then we are almost certainly ready to test the 100 sats area!
This analyses is only intended to share my idea, to educate and entertain you guys.
This should not be considered as financial advice.
I hope you guys enjoyed this analyses, if you did don't forget to leave a Like!
If you want to share your thoughts, please do so in the comments below!
Kind Regards,
FORALLCRYPTO
In our last analyses we clearly showed everyone the buying range from 58-60 sats catching the wick of the weekly candle perfectly.
If you would have bought in that area, you would now be in a profit of around 30% which is a nice start for just a few weeks.
Monthly:
- Monthly close above 78 sats would be a big deal because then we would have our 3rd bullish engulfing on the monthly, indicating more upside.
Weekly:
- Last weekly candle was a neautral one.
- We are currently testing the 50MA resistance, breaking above would be bullish, for now indicating more downside momentum.
- RSI is neutral
- MACD is still bullish, indicating more upside.
Daily:
- The last daily candle has closed as a bullish engulfing, indicating more upside momentum.
- We are currently testing the last resistance when it comes to MA's Currently testing the 100 MA
- MACD is still bullish, indicating more upside momentum.
- RSI is in neutral territory
In summary:
The most important thing to watch now would be the breaking of the 50 MA weekly, if we manage to break this resistance then we are almost certainly ready to test the 100 sats area!
This analyses is only intended to share my idea, to educate and entertain you guys.
This should not be considered as financial advice.
I hope you guys enjoyed this analyses, if you did don't forget to leave a Like!
If you want to share your thoughts, please do so in the comments below!
Kind Regards,
FORALLCRYPTO
