The RSI is below 50. The MACD is positive and below its signal line. The MACD must penetrate its zero line to expect further downside. Moreover, the price is trading under its 20 period moving average (2298) but above its 50 period moving average (2275).
Alternative scenario
Above 2316, look for 2358 and 2383. $ETH #ETH🔥🔥🔥🔥🔥🔥
The RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading under its 20 period moving average (81393) but above its 50 period moving average (80301).
The RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands above its 20 period moving average (79466) but below its 50 period moving average (80147).
Alternative scenario
The downside breakout of 78780 would call for 77760 and 77150. $BTC #BitcoinBelow79K
The RSI is above its neutrality area at 50. The MACD is above its signal line and negative. The MACD must break above its zero level to call for further upside. Moreover, the price is trading above its 20 period moving average (2259) but under its 50 period moving average (2278).
Alternative scenario
The downside breakout of 2232 would call for 2191 and 2166. $ETH #ETH🔥🔥🔥🔥🔥🔥
The RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 78842 and 78593). Finally, the Bitcoin / Dollar is trading above its upper Bollinger band (standing at 79539).
Alternative scenario
The downside breakout of 78650 would call for 77440 and 76720. $BTC #BTCSurpasses$80K
The RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 2331 and 2320).
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