Bitdaousd
$BIT #BITUSD Another incoming leg down.Bit seems like wants to repeat the pattern which it did last 3 times , with breaking the raising support line.
On Average after we break this key area , we got a 25-30% move to the downside.
From moving average perspective BIT was rejected by EMA 55 once again.
On the daily RSI we can see that Hidden Bearish Diverge is forming once again.
On the daily MACD we can see a crossover to the downside will occur as soon as today.
I can offer very little hopium as it will be if we reclaim the 1.40$ thus making a new higher high.
Interested to see your toughs and opinions in the comment section, thanks.
BIT - two possible scenarios!The market has fallen very hard, with the BIT coin falling below its listing price. I don't think many people expected such a drop. Now on every drop there is a volume at the bottom, that is a good signal, a liquidation signal. In case of a false breakout of $1.57 or a breakout of the trend line, this could be a good buying opportunity.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
BIT - Coin that will give you x10 🚀🚀In this idea we would like to share with you a coin that has a potential of more than 1000%.
The name of this coin is BIT. One of the top exchanges BYBIT is one of the biggest holders of this coin and is now starting to use it on its platform to participate in various programs, for example - lunchpad, you need to be a BIT coin holder to participate in this program.
In order to understand the potential of this coin, we would like to take as an example a coin from the most famous binance exchange, in the last year and a half BNB has grown from $10 to $600 per coin. Therefore, it is worth to pay attention to it.
From the technical analysis side, the price collected liquidity below the support zone and now trying to break the trend line, this is a good signal for growth, and in the near future the price might reach the levels of 2.8$ - 3$ - 3.5$.
Personally, we keep this coin on the spot and our medium term target is $10 - $20.
BIT - a coin with x10 potential 🤯We recently covered the BIT coin on our platforms. A coin that the ByBit exchange uses to participate in its launchpad and types of services.
In a nutshell, it's a counterpart to Binance Coin.
A very promising coin, we have high expectations for it.
Looking from the technical analysis side, the price is now near a support level.
The first time the price tested this level as support, there was a good buying opportunity and there was a 25% increase.
Now the price is testing this level again and it is impossible to say with high probability that this level will hold.
If the big players got enough liquidity, the price could reach the target marked above.
If the support fails to hold, the next area where the price can come to is the area marked below.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
