Crypto Market Cap, BTC/USD, ETH/USD, USDT/USD, XRP/USD, Bitcoin
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Technical analysis: . Nexus/Bitcoin 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 30. . 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...
Daily support was confirmed, looks to have found that level again. It appears to have entered accumulation which once volume volume is exhausted should mean a move upward. This will test a monthly established level, as well as large wedge. If it rejects this move, it is unclear whether the daily support level would hold for a third time. Hopefully, it can break...
Technical analysis: . NEXUS/BITCOIN 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 44. . While the price downtrend in the daily chart is not broken, bearish wave in price would continue. Trading suggestion: . There is a possibility of temporary...
Technical analysis: . Nexus/Bitcoin 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 50. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00013642 to 0.00010182). if so, traders can set orders based on Price...
Technical analysis: NEXUS/BITCOIN is in a range bound and beginning of up trend is expected. The price is below the 21-Day WEMA which acts as a dynamic resistance. The RSI is at 49. Trading suggestion: The price is in a range bound, but we forecast the uptrend would begin. There is possibility of temporary retracement to suggested support zone (0.000193...
I think we'll see a bounce off the 50% fib to complete the handle.