This week, the bullish crypto lineup is led by Bitcoin (BTC) in first place, followed by Ethereum(ETH) and Arbitrum(ARB).

Want to know how your favorite crypto asset is performing? Check INDODAX Market Signal below!

5 Bullish Crypto Assets

1.Bitcoin (BTC)

The possibility of Bitcoin (BTC) breaking through the 1,950,000,000 – 2,050,000,000 area is quite large, if it is realized it will make Bitcoin (BTC) touch its highest price.

2.Ethereum (ETH)   

The strengthening of the Ethereum (ETH) price is indirectly influenced by the trend which has managed to remain above the WMA/85.

3.Arbitrum (ARB) 

On the 4-hour chart, the RSI indicator shows that the Arbitrum (ARB) price is not yet in the Oversold area, with the current Arbitrum (ARB) trend still unable to break through the Resistance of 9,000 – 10,000.

4.Hedera (HBAR)

Hedera (HBAR) shows a positive crossover, the MACD indicator crosses upwards so that the price of Hedera (HBAR) experiences an increase with the opportunity to retest the 4,500 – 5,400 area.

5.Solana (SOL)

Solana (SOL) is making a positive move by remaining above the 3,000,000 – 3,500,000 area, which increases the chances of it heading towards the 4,500,000 – 5,000,000 area.

5 Bearish Crypto Assets

1.Mog Coin (MOG) 

Mog Coin (MOG) is still indicated to be in a Bearish phase, this phase will fail to continue if the Resistance of 0.175 – 0.225 is broken, with the WMA/85 likely to cut above the EMA/200.

2.Just a chill guy (CHILLGUY) 

The strengthening of Just a chill guy (CHILL GUY) is being held back by WMO/85, a break will be realized with the formation of a candle above the 1,100 – 1,500 area.

3.Peanut the squirrel (PNUT) 

The bearish trend will experience pressure with the formation of candles above the 5,600-7,600 area, on the other hand, this will encourage Peanut the squirrel (PNUT) to correct the price weakness that has occurred.

4.Biconomy (BICO) 

The two MACD indicator lines did not experience significant movement, indicating that Biconomy (BICO) is in a bearish Sideways phase so that the price of Biconomy (BICO) is moving stagnantly.

5.Ponke (PONKE) ??

On the 1-day chart movement used, it is indicated to be in a positive direction if it is in accordance with the MACD indicator, but Ponke (PONKE) ??did not experience significant strengthening with Ponke (PONKE) still being held back by WMA/85.

NOTE: If the 5-day moving average (EMA) crosses the 75, 85, and 200 WMA lines and the lines intersect from bottom to top, the market trend is likely to be bullish.

Each table above shows that if the 5-day moving average (EMA) is higher than the 75, 85, and 200 WMA lines, the market is likely to be bullish.

If the RSI and MACD values ??show the same condition, it means the market is exhibiting the same trend. Overbought or oversold conditions are indicators that the market is approaching a trend reversal point.

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