This week, the bullish crypto lineup is led by USDT(USDT) in first place, followed by USDC(USDC) and BITCOIN(BTC)
Want to know how your favorite crypto asset is performing? Check INDODAX Market Signal below!
5 Bullish Crypto Assets
1.USDT (USDT)
There was no significant price change, indicating that the momentum created is still balanced. The MACD indicator showing weakening has no impact on USDT (USDT), the nearest support is in the price area of ??16,200 – 16,600.
2.USDC (USDC)
The current USDC (USDC) trend movement is experiencing Sideways in the Bullish phase, but several times USDC (USDC) has experienced quite deep weakening which has caused the formation of a wick, the Candle formed below Support 16,400 – 16,550 allows WMA/85 to be penetrated
3.Bitcoin (BTC)
The movement of the Bitcoin (BTC) trend seen on the 1 Day time frame experienced quite high fluctuations, weakening quite deeply until it moved below the EMA/200 but Bitcoin (BTC) managed to strengthen again past the EMA/200.
Currently Bitcoin (BTC) is expected to soon enter the Overbought area on the RSI indicator, Resistance in the area of ??1,600,000,000 – 1,750,000,000 will play an important role.
4.Tron (TRX)
Tron (TRX) managed to strengthen again above WMA/85, having a positive impact on the change in the Tron (TRX) trend with the MACD indicator cutting upwards at the available line, the strengthening price tries to test the 4,200 – 4,500 level.
5.Sui (SUI)
Being in the Bearish Sui (SUI) phase experiencing a fairly deep weakening, Sui (SUI) experienced a positive rebound until it managed to penetrate the 40,000 – 45,000 area, impacting the trend which successfully changed to Bullish.
5 Aset Kripto Bearish
1.Ethena (ENA)
Since being in the Bearish phase, Ethena (ENA) has experienced a weakening of more than 40% with Support 10,000 – 12,500 being broken confirming the weakening price. Ethena (ENA) is projected to experience further negative pressure by failing to survive above the 3,000 – 4,500 area.
2.Worldcoin (WLD)
The trend is in the Overbought area on the RSI indicator with prices strengthening after the creation of the axis, with Worldcoin (WLD) previously experiencing a fairly deep weakening. The nearest resistance in the price area of ??25,000 – 40,000 will have a positive impact if Worldcoin (WLD) can penetrate the area.
3.Serum (SRM)
Serum (SRM) has not been able to penetrate the EMA/200 support area indicated at 12,550 – 16,500, this confirms that the Bearish trend is not experiencing any significant threat, Support is at the 150 – 200 area level if this area is penetrated Serum (SRM) will touch its latest lowest level.
4.Tellor (TRB)
Tellor (TRB) was indicated to have been holding above the EMA/200 but the price weakened again and moved below the EMA/200, the failure to form a candle above the 1,300,000 – 1,700,000 area was one of the causes of the weakening of Tellor (TRB).
5.Catizen (CATI)
Even though it is in a Bearish trend, Catizen (CATI) has experienced quite high strengthening several times, on several occasions Catizen (CATI) has strengthened more than EMA/200 by more than 100% but Catizen (CATI) has weakened again and moved below EMA/200.
NOTE: If the 5 EMA crosses the WMA 75, 85 and 200 EMA lines and the lines intersect from the bottom up, then the market trend tends to go up (bullish), each table above shows that if the 5 EMA value is higher than the 75.85 WMA and 200 EMA, the market tends to go up (bullish).
If the RSI and MACD values ??show the same condition, it means that the market is showing the same trend. Overbought or oversold conditions are an indicator that the market is already at the point of changing direction of a trend.
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