It's going to be an interesting market for investing. The price bounces from 0.002000 support level. MACD confirms upward movement. ADX line rises and it confirms a beginning of a new price movement. Strong bullish candles also tell us about interest to this market. We have trading opportunity. Buy orders should be placed above the high of the bullish candle. It's 0.003000 level. Stop orders must be at 0.001580 level. Profit target is 0.007000 and a part of long positions can be left for long term.
Beginner here, but I just want to ask about the RSI. It indicates that the asset is currently overbought, wont it be diffucult to get a rise in the price with this RSI level?
My believe is that it will continue on a bearish path for atleast a few days.
But like I said, my knowledge is very limited.
sjsca101
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@S_maansson, check out some charts historically, you will see flows that stay in the overbought time occasionally, or that dip slightly and come back up
you can also explore different time windows to see more nuances
EmmaGraceAlex
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thank you. an update plz
MMA_Fighter0591
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any target now ? thank you
alyafie.guntur
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triple bottom now, update please
rodostaros
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Update please?
animex
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good to buy now?
grecothejazzman
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Very nice call! Thank you!!!
ajcarmon
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according to RSI and volume is going to pass 70K easily making all time highs
ajcarmon
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nice call.. probably getting to 70K in a couple of days..
My believe is that it will continue on a bearish path for atleast a few days.
But like I said, my knowledge is very limited.