💎Technical Analysis Summary💎
BINANCE: OSTBTC
-OST just rose up over 400% yesterday
-But its value declined fast also down by -67%
-The rejection at 350 sat causes a Bear flag down to 120s sat
-If this next potential Bear flag confirms a breakdown
-The downside target is back to the 60s sat area
-So please be cautious and always follow your stop loss...
💎Technical Analysis Summary💎
BINANCE: OSTBTC
-OST is now testing major support area or Swing Low Support
-It is also trading inside a descending wedge
-The best approach is buying the breakout or retest
-Because this will confirm an end of the short term downtrend
-Upside target is up to 100s sat area
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Trading...
OST/BTC
-The logical resistance at 100 sat has been broken
-Just a few minutes left before the 4H candle closes
-If everything goes well, it is likely to increase up to 128 sat
-We can also see good volume with this breakout candle
-The market is looking Bullish in the short term
Technical analysis:
. Ost/BinanceCoin is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 52.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.004580 to 0.003900). if so, traders can set orders based on Price...
Technical analysis:
. OST/BINANCECOIN is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 39.
. While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue.
Trading suggestion:
. There is a...
Technical analysis:
. OST/BINANCECOIN is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 39.
. While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue.
Trading suggestion:
. There is a...
Technical analysis:
. OST/BINANCECOIN is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 55.
. While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue.
Trading suggestion:
. There is a...
Technical analysis:
. OST/BINANCECOIN is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 55.
. While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue.
Trading suggestion:
. There is a...
