Charts| Cryptos performance - Moving Average Positions (50,100,200)
Moving Average Positions (50,100,200)
TOTAL2: Moving Average Positions (50,100,200)
Normally when bear moves arise the 50 and 100 are above the 200 as there is more room for a downward move than an upward one. Right now the 50 and 100 are BELOW the 200, which suggests that they have more room to move up ABOVE the 200MA in red, which would happen during a bull move. Observation of the MA's Comment if you think otherwise ! Daily timeframe
ETHUSD - 4K Easily
ETHUSD: ETHUSD - 4K Easily
Breakout is evident on this 4Hr chart for ETHUSD A breakout is evident out of the Falling Wedge structure. The white curved line which has acted as support for quite awhile now. ETHUSD right now is undervalued compared to BTC and should see some gains soon.
MATIC (Polygon) Down Channel Break
MATICUSD: MATIC (Polygon) Down Channel Break
Break of the down channel on this 4hr timeframe with an added support of the 200MA in white. I think this could be the start of a reversal for MATIC as the market is beginning to heat up. Very cheap still right now. Bullish on 4Hr and Daily, Weekly so on,
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
