#CryptoTrading. #Signalš„.
š¹Technical analysis $1000000BOB /USDT (1 hour)
š Price:
ā¢ Current price: ~0.08440 USDT
ā¢ Local high: 0.08897 USDT
ā¢ After the peak, the price is slightly correcting downwards.
š¹ Indicators:
ā¢ Bollinger Bands: Expanded upwards, indicating high volatility. The price is currently near the upper limit ā a pullback or consolidation is possible.
ā¢ MA (5) > MA (10): The short-term uptrend persists, although signs of slowing down have appeared.
ā¢ MACD: In the green zone, but the histogram is decreasing ā the momentum is weakening.
ā¢ STOCH RSI: Decreasing from the overbought zone ā a short-term correction is possible.
š Volume:
ā¢ A surge in volumes on the rise in price, now the volume is decreasing ā confirming the weakening of the trend.
ā ļøConclusion:
ā¢ Trend: The uptrend continues, but there are signs of fatigue.
ā¢ Probability: Consolidation or local correction to the support zone (0.078ā0.080).
ā¢ Support: ~0.0789 / 0.075
ā¢ Resistance: ~0.0889 (local maximum)