$SAPIEN Possibility of a double bottom in the region below the 21-period moving average haunts sellers who pass control of the asset to buyers in the 15-minute time frame. Stay alert!
Sellers in control? Sellers have one hour to prove to the market that they have market control of Sapiens. The next hour closing below the previous candle is the bears' limit, and if they prove it, otherwise, it opens the door for buyers to come back strongly in the region.
Shoulder head shoulder in the 5-minute time frame, it leads Candles to protect themselves in the region and moving averages over 99 periods. In longer time frames like 15 minutes, the Candles use the support region created by them at leverage and 0.28. In the hourly time frame, the moving averages still remain intact waiting for more evident confirmations. $SAPIEN Remembering that the market is still indecisive and anything can happen from now on.
$SAPIEN Candle closes from 11 AM to 11:15 AM on the 15-minute time frame, with market indecision in a complicated region. It is still necessary to monitor volume and strength of the next candle along with other indicators such as RSI and MACD.
$SAPIEN Confirmation of hanging candle with a huge wick, puts Sapiens in a complicated position and depends on the next two hours to continue rising. Delicate moment and purchases at this moment should not happen. Remembering that it is a moment to think about where to exit and not to think about where to enter.
From 11am to 1pm, a decisive moment for the Sapiens traders. Area of strong resistance, former support of 0.33 puts selling pressure on the traders. Analysis and breaking of averages and sizes of Candles will now decide whether it goes up or down. The probability of breaking this resistance now becomes weak, especially if the next candle does not break the previous wick. Remember that two confirmation Candles are the most indicated.
$SAPIEN Continues breaking tops and prepares to face the strongest resistance zone of the day.
Sapiens continues to rise, and at this moment, it opens up space for a semifinal confrontation, with the resistance zone at $0.38. If it breaks these levels by more than 10%, it opens up the final duel in the region of $0.48.
$SAPIEN The Criptosapiens can really expect a few more hours of high. The asset has just crossed the 21-period moving average with the 50-period moving average.
$SAPIEN Will it be a reversal of trend? It seems that the crypto community has gained new members, the "CriptoSapien".
Sapiens is a technology company that provides data humanization and AI for giants, one of which is Alibaba.
Sapiens is currently forming a peak that has a high probability of reversing the trend in the 15-minute time frame.
Golden Cross Confirmed.
The golden cross has already been confirmed in this time frame between the 200-period and 50-period averages.
After this peak, the "CriptoSapien" need the asset to remain above the average of 0.27 for a period, being able to oscillate above and below this region but in an ascending manner. If the movement is confirmed, Tico may change direction to duel in the region of 0.48 cents.
$SAPIEN arma an unexpected break and begins to look for a region to form its top. The technology company's asset needs to move above 0.27 to confirm a reversal and trend. This region may become its resistance after this top.
The history of eCash is, in fact, the history of two distinct concepts and projects: the pioneering system of anonymous electronic money by David Chaum from the 1990s and, more recently, a modern cryptocurrency (XEC) that is a fork of Bitcoin Cash. The eCash Original (DigiCash) by David Chaum The original concept of "eCash" was developed by the visionary cryptographer David Chaum in the early 1980s, with a formal publication in 1982. Chaum foresaw the need for privacy in digital transactions in an era of increasing computerization and founded the company DigiCash in 1989 to realize his vision.
Stay tight, all assets in decline are the same as the 1h time frame with a Golden Cross. However, the confirmation of the higher time frame of 4 hours is with messy averages and lacking the strength to surpass any moving average. Don't fall into a trap.