CND/BTC ANALYSIS
CND/BTC
CND has been on a free fall and broken thru all major MAs (50,100,200). I expect a further drop to come into play but not before a relief rally up to the major 200 MA at 95-100 sats. RSI and STOCH are extremely oversold and looking for a small pump to put them back into a neutral zone. The trend is still bearish so I expect a further drop to continue down to my buy in targets of Buy in 1 at 63 sats, and Buy in at 56 sats. I believe sellers will then be exhausted. This is a previous bottom and looks strong for a bounce. If CND does break back ABOVE all major MAs, we can then look for a take profit at 140 sats.
Possible Entries: 63 & 56 sats
CND has been on a free fall and broken thru all major MAs (50,100,200). I expect a further drop to come into play but not before a relief rally up to the major 200 MA at 95-100 sats. RSI and STOCH are extremely oversold and looking for a small pump to put them back into a neutral zone. The trend is still bearish so I expect a further drop to continue down to my buy in targets of Buy in 1 at 63 sats, and Buy in at 56 sats. I believe sellers will then be exhausted. This is a previous bottom and looks strong for a bounce. If CND does break back ABOVE all major MAs, we can then look for a take profit at 140 sats.
Possible Entries: 63 & 56 sats
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.