Note: NOT A FINANCIAL ADVICE TO BUY/LONG OR SELL/SHORT
_____
Somebody requested for a TA on coin.
Here is the Elliot Wave Counts:
I don't know how many bag holders waiting to sell their coins at a break even. Seems like 1.618 Fibonacci makes sense as a Target Price.
1D
RSI, Stoch RSI & MACD says that sellers is in control due to this Bearish Divergence but the general trend still on the upside. Let's see if EMA 9 & EMA 21 to hold as support.
Potential buying opportunity is at:
EMA 9; and
EMA 21 in confluence with 0.618 Fibonacci at $ 0.7921
4HR
A very clear Bearish Divergence is in 4 HR. Potential Target price for Shorts is at SMMA 60 or $ 0.7921 or at $ 0.80
_______
Note: NOT A FINANCIAL ADVICE TO BUY/LONG OR SELL/SHORT
_____
Somebody requested for a TA on coin.
Here is the Elliot Wave Counts:
I don't know how many bag holders waiting to sell their coins at a break even. Seems like 1.618 Fibonacci makes sense as a Target Price.
1D
RSI, Stoch RSI & MACD says that sellers is in control due to this Bearish Divergence but the general trend still on the upside. Let's see if EMA 9 & EMA 21 to hold as support.
Potential buying opportunity is at:
EMA 9; and
EMA 21 in confluence with 0.618 Fibonacci at $ 0.7921
4HR
A very clear Bearish Divergence is in 4 HR. Potential Target price for Shorts is at SMMA 60 or $ 0.7921 or at $ 0.80
Note: NOT A FINANCIAL ADVICE TO BUY/LONG OR SELL/SHORT