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IOSTBTC Expected decrease and bounce
At the 1-hour timeframe chart it can be seen that a straight Head & Shoulders pattern has been formed and a half of bearish XABCD too.
Technical indicators are also bearish: Stoch RSI is going to hit overbought zone, while DMI shows low, while moving averages suggest a further reverse.
We recommend to fix profit from this bounce around 0.00000128 and rebuy again at 0.00000117
Technical indicators are also bearish: Stoch RSI is going to hit overbought zone, while DMI shows low, while moving averages suggest a further reverse.
We recommend to fix profit from this bounce around 0.00000128 and rebuy again at 0.00000117
Note
The price touched the buying zone we mentioned in the previous analysis and bounced. We expect a wave growth to our targets in the short term
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➡ Join Contest: bitmart.com/futures-competition/Skyrexio/en-US
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.