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
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.