Forwarded from The Crypto Express
#BTC/USDT ANALYSIS
BTC is still holding above the horizontal support and trading below the MA 200. RSI is trading in the mid-zone and showing neutral signals.
A move above the MA 200 with a good volume would be a sign of further consolidation, while a sustained breakdown of the marked horizontal support, will be a sign of correction in the market.
BTC is still holding above the horizontal support and trading below the MA 200. RSI is trading in the mid-zone and showing neutral signals.
A move above the MA 200 with a good volume would be a sign of further consolidation, while a sustained breakdown of the marked horizontal support, will be a sign of correction in the market.
The Crypto Express
#BTC/USDT ANALYSIS BTC is still holding above the horizontal support and trading below the MA 200. RSI is trading in the mid-zone and showing neutral signals. A move above the MA 200 with a good volume would be a sign of further consolidation, while a…
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#WAXP/USDT ANALYSIS
WAXP is moving in a descending triangle. It is breaking out the MA 100, facing the trendline, MA 200, and the Ichimoku cloud resistance.
A solid breakout of the descending triangle would be a bullish sign, while a rejection would result in further consolidation.
WAXP is moving in a descending triangle. It is breaking out the MA 100, facing the trendline, MA 200, and the Ichimoku cloud resistance.
A solid breakout of the descending triangle would be a bullish sign, while a rejection would result in further consolidation.
#BTC/USDT ANALYSIS
BTC is in long consolidation in the marked zones. Currently, it is bouncing from the horizontal support and trading below the Ichimoku cloud. RSI and MACD crossover are showing neutral signs.
A bounce is expected for however long it is holding above the horizontal support, while a sustained breakdown of the marked support level would be the confirmation of a downward move.
BTC is in long consolidation in the marked zones. Currently, it is bouncing from the horizontal support and trading below the Ichimoku cloud. RSI and MACD crossover are showing neutral signs.
A bounce is expected for however long it is holding above the horizontal support, while a sustained breakdown of the marked support level would be the confirmation of a downward move.
#S&P 500 ANALYSIS
S&P 500 bounced with a decent volume after the breakout of the ascending triangle. RSI is in the overbought region.
Currently, it is rejecting the horizontal resistance. A correction is expected from here while a solid breakout of the horizontal resistance would be a strong bullish confirmation.
S&P 500 bounced with a decent volume after the breakout of the ascending triangle. RSI is in the overbought region.
Currently, it is rejecting the horizontal resistance. A correction is expected from here while a solid breakout of the horizontal resistance would be a strong bullish confirmation.
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