Let's try to interpret that much talked about #Bccoin chart
Bccoin 1D chart;
Let's try to interpret that much talked about #Bccoin chart;
First of all, the first thing that catches our eye is that it managed to break the downtrend line upwards.
However, since it is still below the 50 EMA (yellow line), it would not be correct to talk about a bullish trend. However, we can say that there is no negative situation.
The mismatch on the RSI side has now given an upward signal, it would not be wrong to say that it will move at the first opportunity.
In addition, we can evaluate the Ath level in a harmonic pattern and as a target point. The ratio may seem extreme, but this is crypto.
The first area marked as OB is the first strong resistance level in front of it and there is a ratio of about 160% between it and the current level.
Let's try to interpret that much talked about #Bccoin chart;
First of all, the first thing that catches our eye is that it managed to break the downtrend line upwards.
However, since it is still below the 50 EMA (yellow line), it would not be correct to talk about a bullish trend. However, we can say that there is no negative situation.
The mismatch on the RSI side has now given an upward signal, it would not be wrong to say that it will move at the first opportunity.
In addition, we can evaluate the Ath level in a harmonic pattern and as a target point. The ratio may seem extreme, but this is crypto.
The first area marked as OB is the first strong resistance level in front of it and there is a ratio of about 160% between it and the current level.
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