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)   

The 1-Day time frame illustrates that if Bitcoin (BTC) manages to stay above the EMA/200, then Bitcoin (BTC) will successfully record a positive price change, which can directly encourage the trend to strengthen the Bullish phase.

2.Ethereum (ETH)    

The bullish trend will increasingly dominate the trend change with the penetration of the resistance area of ??70,000,000 – 80,000,000. The MACD indicator has confirmed a positive intersection in the movement of Ethereum (ETH).

3.XRP (XRP)   

Moving below the EMA/200 puts XRP (XRP) under negative pressure, breaking through the 30,000 – 39,000 Support area will give XRP (XRP) a big chance of ending the Bullish phase.

4.Tron (TRX) 

If the EMA/200 is broken, Tron (TRX) has the potential for a correction. The current trend is depicted by the MACD moving in a negative direction with support in the 4,100-4,950 area.

5 Aset Kripto Bearish

1.Cardano (ADA)

The Sideways phase in the 13,200 – 14,500 area can end with increasing Support causing Cardano (ADA) to experience a fairly deep weakening of more than 15%.

2.Fartcoin (FARTCOIN)

Experiencing a good enough strengthening to be able to change the Bearish trend, but the weakening made Fartcoin (FARTCOIN) fail to stay above the Support of 9,1000 – 10,000. The Bearish is getting stronger.

3.Milady Meme Coin (LADYS)

Candles that have not formed beyond the WMA/85 have a negative impact on the price of Milady Meme Coin (LADYS), the trend cannot confirm the price improvement that has weakened so it takes more time to confirm the trend improvement.

4.Aave (AAVE) 

The formation of a candle above the price of 4,500,000 – 5,000,000 allows Aave (AAVE) to improve the weakening trend which allows Aave (AAVE) to suppress the Bearish phase.

5.Sui (SUI) 

The strengthening of the Sui (SUI) was realized after holding above the level of 39,000 – 42,000, making the MACD indicator indicate something similar to a positive line intersection.

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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