XBT experienced a long needed correction from a parabolic rise. The volatility of the market make predicting price movement in the short term difficult but XBT remains bullish in the long term. The fundamentals are too strong to do otherwise.
The market is not at a great entry point right now as we are at a strong zone of support/resistance.
Volume is poicking ...
STR has been in a consolidation phase and resisted the recent market crash correction well only falling 21.99%. It has recovered quickly and the MACD and RSI look promising.
The recent propagation of STR into BTC addresses cause a drop in price so set stop accordingly but risk reward ratio is worth the trade in this case.
SIA has been in a strong upward channel. The recent market crash correction fell 36% to 307, and recovered up to the 620 area quickly. The price has found support in the channel boundary as well as previous areas of support.
MACD & volume indicators are in agreement.
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XPM has performed well during the recent market correction and with strong trend support and support from previous price action a break upwards seems imminent.
- Tenjin Crypto
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