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CoinDash VS Bitcoin Getting The Momentum
CoinDash has found th bottom at 400 satoshis and since then has established a clear uptrend while producing higher highs and higher lows. Price broke above the descending channel as well as 50 Moving Average. The 50 Moving Average now is acting as a support which has been rejected multiple times.
It seems CDT/BTC is getting enough momentum to continue going higher, where the strong resistance is seen at 1770 satoshis. The resistance is confirmed by two Fibonacci retracement levels, 88.6% and 527.2% Fibs applied to the corrective wave after the break above the Moving Average.
On a downside, price could correct down to the uptrend trendline or even 460 satoshis support before moving higher. Although the uptrend contamination at this stage is much move favorable.
It seems CDT/BTC is getting enough momentum to continue going higher, where the strong resistance is seen at 1770 satoshis. The resistance is confirmed by two Fibonacci retracement levels, 88.6% and 527.2% Fibs applied to the corrective wave after the break above the Moving Average.
On a downside, price could correct down to the uptrend trendline or even 460 satoshis support before moving higher. Although the uptrend contamination at this stage is much move favorable.
注释
perfect buying price now at 555sats
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免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。