Hi, crypto traders. Last week, 5MA fell below 20MA and 60MA, and the price also dropped below 60,000USD. However, after briefly falling below the psychological line of 60,000USD, the price reversed, and the candlesticks have moved back above 5MA. The current order of the candlesticks and MA lines are as follows. 20MA (blue) > 60MA (green) = the candle > 5MA...
Hi, crypto traders. Last week, once the candle went up and broke 5MA and 20MA to the upper side. But after reaching 40,000USD, it started to go down and already broke 5MA and 20MA to the lower side again. The sequential order is as follows. 60MA (green) = 100MA (black) > 20MA (blue) > 5MA (red) > the candle. The trend is a strong downtrend now. If the candle...
Hi, crypto traders. Last week, the candle went down and broke 60MA to the lower side. After reaching 39,200USD, it bounced a little bit and keeps 40,000USD level. The sequential order is as follows. 20MA (blue) > 60MA (green) = 100MA (black) > 5MA (red) = the candle. Because MA lines are very close, it's difficult to predict the next move. But since the lowest...
Hi, crypto traders. Last week, once the candle broke 5MA to the lower side, but it didn't break 20MA and 60MA to the lower side and bounced. Now the candle keeps over 5MA and it seems the trend is uptrend. The sequential order is as follows. The candle > 5MA (red) > 100MA (black) > 20MA (blue) > 60MA (green). Because the gradient of 20MA and 60MA changed...
Hi, crypto traders. Last week, once the candle went down, but after reaching 37,600USD, the candle bounced and started to go up. The candle already broke 5MA, 20MA and 60MA to the upper side, and it looks the candle keeps above 5MA. Now the sequential order is as follows. 100MA (black) > the candle > 5MA (red) = 20MA (blue) = 60MA (green). Since MA lines are...
Hi, crypto traders. Last week, the candle suddenly went up and broke 5MA, 20MA and 60MA to the upper side. As I mentioned in the last article, it tried to break the highest price in 10th/Feb/2022: 45,800USD, but after reaching 45,400USD, it bounced and started to go down. The price already broke 5MA, 20MA and 60MA to the lower side again. Now the sequential...
Hi, crypto traders. Last week, the price kept under 5MA and continued to go down. After reaching 34,300USD, the price suddenly bounced and started to go up. It already broke 5MA to the upper side, but it seems the candle breaks 5MA to the lower side again. Now the sequential order is as follows. 100MA (black) > 60MA (green) = 20MA (blue) > the candle > 5MA...
Hi, crypto traders. Last week, once the candle broke 5MA and 60MA to the upper side. However, before reaching the highest price in 10th/Feb/2022: 45,800USD, the candle bounced and started to go down. It already broke 5MA, 60MA and 20MA to the lower side. Now the sequential order is as follows. 100MA (black) > 60MA (green) = 5MA (red) = 20MA (blue) > the...
Hi, crypto traders. Last week, the candle continued to go up and broke 1st target: 60MA and 44,500USD to the upper side. But after reaching 45,800USD, the price started to go down and already broke 5MA and 60MA to the lower side. Now the sequential order is as follows. 100MA (black) > 60MA (green) > 5MA (red) > the candle > 20MA (blue). If the candle goes up...
Hi, crypto traders. Once the price reached 20MA, but it bounced and broke 5MA to the lower side. After that, it bounced from 36,250USD, then broke 5MA and 20MA together to the upper side. Now the sequential order is as follows. 100MA (black) > 60MA (green) > the candle > 5MA (red) > 20MA (blue). It seems the long downtrend was finished and we can see the next...
Hi, crypto traders. The price broke 34,000USD again and went down continuously. But after reaching 32,900USD, it bounced and already broke 5MA to the upper side. Now the sequential order is as follows. 100MA (black) > 60MA (green) > 20MA (blue) > the candle > 5MA (red). The trend is still downtrend, but if the candle breaks 20MA to the upper side clearly, we...
Hi, crypto traders. The price broke down the last lowest price: 39,600USD and accelerated to go down. Because the sequential order is 100MA (black) > 60MA (green) > 20MA (blue) > 5MA (red) > the candle, the trend of BTC is a Strong Downtrend now. Target points next week are as follows. ==Target Points== ◇BTC goes up: – 1st target: 37,000-38,000USD...
Hi, crypto traders. Because the sequential order is 100MA (black) > 60MA (green) > 20MA (blue) > 5MA (red) > the candle, the trend of BTC is a Strong Downtrend now. Target points in next week are as follows. ==Target Points== ◇BTC goes up: – 1st target: 46,000-48,000USD (Cross-point with 20MA) – 2nd target: 50,000USD (A nice round number) – 3rd target:...
Hi, crypto traders. BTC is in a downtrend now. Target points in this week are as follows. ==Target Points== ◇BTC goes up: – 1st target: Cross-point with 20MA – 2nd target: 41,330USD (the last highest price, Cross-point with 60MA) – 3rd target: 50,000USD (A nice round number) ◇BTC goes down: – 1st target: 28,800USD (the last lowest price) – 2nd target:...
Hi, crypto traders. ENJ is in a Strong Downtrend now. The price continued to go down and finally, 20MA (blue) broke 60MA (green) to the lower side. Because the sequential order is 60MA (green) > 20MA (blue) > 5MA (red) > the candle, the trend is a Strong Downtrend. If the price keeps under 5MA (red), this bearish trend continues. Conversely, if the price goes...
Hi, crypto traders. CAKE is in a Strong Downtrend now. The price continued to go down. It tried to break 20MA (blue) to the upper side, but bounced. Finally, the sequential order changed 60MA (green) > 20MA (blue) > 5MA (red) > the candle. It means the trend is a Strong Downtrend. If the price keeps under 5MA (red), this bearish trend continues. However,...
Hi, crypto traders. BTC is in a downtrend now. Target points in this week are as follows. ==Target Points== ◇BTC goes up: – 1st target: Cross-point with 5MA and 20MA – 2nd target: 41,330USD (the last highest price) – 3rd target: 44,000USD (Cross-point with 60MA) ◇BTC goes down: – 1st target: 30,000USD (the last lowest price, a nice round number) – 2nd...
Hi, crypto traders. ENJ is in a sideways market. The price continued to go up and already broke all MA lines to the upper side. However, it didn't break the last highest price: 1.58USD yet. Since MA lines are very close, it's difficult to predict the next move. But if the price breaks 1.58USD, the trend will be an uptrend. Conversely, if the price breaks all...