This week, the bullish crypto lineup is led by Bitcoin(BTC) in first place, followed by Solana(SOL) and Dogecoin (DOGE).
Want to know how your favorite crypto asset is performing? Check INDODAX Market Signal below!
5 Aset Kripto Bullish
1.Bitcoin (BTC)
Bitcoin (BTC) has weakened, but this weakening is indicated to be in a positive direction, the area of ??820,000,000 – 920,000,000 cannot be penetrated by the Candle Bullish trend is indicated to continue so that the positive potential is wide open for Bitcoin (BTC).
Bitcoin (BTC) was able to make its latest highest price, this is inseparable from the positive momentum that was able to drive a very positive price change for Bitcoin (BTC).
2.Solana (SOL)
The RSI indicator indicates that the current Solana (SOL) trend is indicated to be in the Overbought area, with the nearest Support area around the 2,600,000 – 3,000,000 area. If it can stay above this area, it will increase the chances of Solana (SOL) to be able to penetrate the price of 3,200,000 – 3,400,000.
3.Dogecoin (DOGE)
The strengthening of Dogecoin (DOGE) in the 4-hour time frame is very positive, being in the Bullish phase Dogecoin (DOGE) has strengthened by more than 100% since September 28, 2024. Significant strengthening indicates that the positive trend of Dogecoin (DOGE) is able to dominate price changes, the Resistance area is in the range of 4,700 – 6,000 Candles above this will make Bullish even stronger.
4.Shiba Inu (SHIB)
One of the coins with the Meme Coin type that has experienced a significant increase, starting from the Bullish trend on September 27, 2024, Shiba Inu (SHIB) has increased by more than 50%. The positive trend is inseparable from the Bullish that occurred, the MACD indicator illustrates something similar.
5.Sui (SUI)
On the 1 Day chart, Sui (SUI) continues to experience a fairly positive upward trend. Sui (SUI) continues to touch and make its new highest price. The nearest support for Sui (SUI) is at a price of 31,000 – 37,000. If it is successfully not penetrated, Sui (SUI) is expected to make its latest highest price again.
5 Aset Kripto Bearish
1.USDT (USDT)
The price will weaken again if the Candle fails to form above the 15,900 – 16,150 area, but if it is successfully penetrated, there is a chance that USDT will head to the 16,400 – 16,675 Resistance, allowing the Bearish trend to fail to continue.
2.EOS (EOS)
Weakening occurs, then the trend will try to make a candle below the level of 4,500 – 6,000 if it is penetrated, the Bearish trend will deepen so that EOS (EOS) has the opportunity to touch its lowest price.
3.dYdX (DYDX)
The Bearish Trend can still continue, dYdX (DYDX) has not been able to penetrate the EMA/200 support area indicated at 12,550 – 16,500. If this area is penetrated, dYdX (DYDX) will touch its latest lowest level.
4.ATLAZ (AAZ)
It was at and penetrated the EMA/200 but the price weakened again and moved below the EMA/200, the failure to form a Candle above the 600,000 – 675,000 area was one of the causes of the weakening of ATLAZ (AAZ).
5.IoTeX (IOTX)
The Bearish trend will not be able to continue with the penetration of the 740 – 1,050 area allowing the EMA/200 to penetrate the next Resistance 1,200 – 1,400 the Bullish trend will dominate the price changes of IoTeX (IOTX).
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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