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

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

4 Bullish Crypto Assets

1.Bitcoin (BTC)  

Bitcoin (BTC) continues to indicate price weakness, the 1 Day chart shows that Bitcoin (BTC) continues to break through Support lines such as 1,600,000,000 – 1,8,00,000,000 making Bitcoin (BTC) move below the EMA / 200.

2.Ethereum (ETH)

Strengthening will be formed if Ethereum (ETH) succeeds in breaking through the Resistance area of ??57,000,000 – 65,000,000. This realization will have a positive impact on maintaining the Bullish phase.

3.Tron (TRX)   

Tron (TRX) has positive momentum with the MACD line successfully crossing upwards, however Tron (TRX)   failed to strengthen above the EMA/200.

4.Zerebro (ZEREBRO)  

The trend is experiencing a downturn which is pushing the Candle to move below the EMA/200, Bullish will fail to continue with the penetration of the Support area of ??450 – 500.

5 Bearish Crypto Assets

1.Shiba Inu (SHIB)

The Bearish Trend brought a negative trend change for Shiba Inu (SHIB), Shiba Inu (SHIB) made its lowest price after failing to correct the price weakening by breaking through Resistance 0.2 – 0.24.

2.Arkham (ARKM)

Still experiencing negative pressure, Arkham (ARKM) failed to strengthen. If the candle can penetrate the 10,000-15,000 area, it will put positive pressure on the EMA/200.

3.safe (SAFE)

Weakening is still possible, safe (SAFE) failing to stay above the price of 2,000 is one indication and safe (SAFE) will touch its lowest price.

4.Aevo (AEVO)

Aevo (AEVO) is expected to touch its lowest price by failing to stay above the 350 – 400 area, the Bearish trend will continue to get stronger.

5.EigenLayer (EIGEN) 

The weakening of EigenLayer (EIGEN) on the 1 Day chart looks quite deep, since it is in the down phase.

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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