Analysis written on the chart. The basic idea is that is diverging with price action. is close to diverging, running flat on average over the same period due to a signal line crossover. Spikes in and price action suggests a “head and shoulders” pattern. If true, then the right “shoulder” could take the price down to the start of this pattern. Looking at the , there is a low area in the same zone. $6235 is chosen based on that area, plus the tail of the lowest hourly candle. This was the start of the pattern.
USDCAD U.S. Dollar/Canadian Dollar FX:USDCAD mkbahmed analysis is based on technical analysis
Japanese e-commerce conglomerate DMM.com Ltd. will shut down its crypto mining business, citing deteriorating profitability as the main cause. Local business magazine Toyo Keizai reported the shutdown on Dec. 30. The decision was reportedly taken […]
Waiting for the new bottom Bitcoin / US Dollar Index BITMEX:XBT Tavrik GLobal it seems like strong bearish , but local we take scalp-long. Powered by WPeMatico