Hello INDODAX members! This week the LGOLD crypto asset is at the top of the bullish trend. Let’s take a look at INDODAX market signals to find out which crypto assets are indicated to be bullish and bearish this week.

5 Bullish Crypto Assets

1. Lyfe Gold (LGOLD)

If you look at the movement of the overall trend in the 1-day time frame, it can be seen that Lyfe Gold continues to grow slowly.

This increase is inseparable from the price of Lyfe Gold (Lgold to IDR) in the Uptrend zone, moving toward WMA/85.

The uptrend may experience pressure if the weakening that occurs can pass through the levels of 788,000 – 810,000.

2. Bitcoin Wrapped Token (WBTC)

The Bullish trend was confirmed on March 4, 2023, holding 311,000,000 – 315,000,000, increasing again along with the Support level, which was not broken.

If it succeeds in Breaking the Resistance area in the range of 443,000,000 – 490,000,000, it will make Wrapped Bitcoin stronger in a Bullish trend.

3. Lyfe Silver Coin (LSILVER)

After the trend touched the Overbought area on the RSI indicator, the price weakened, and the price increase since being in a Bullish trend has touched 25%.

Holding on to the Support level of 9,500 – 10,000, the increase that occurs will confirm the direction of the movement of the MACD indicator.

4. Wrapped NXM (WNXM) Coin

The MACD indicator assumes the current price movement to be in a negative area after the intersection of the lines that occurred, and the price has weakened WMA/85. If it stays above the 330,000 – 360,000 area, the potential for uptrend pressure will decrease.

5. Krypton DAO (KRD)

It touched the price level up to around 60,000, which was the highest price for KRD since it took the floor on INDODAX, but after touching that level, the price decreased.

The nearest support level for KRD is available in the range of 18,900 – 24,000. If passed, the next level will be at 15,500 – 13,300.

5 Bearish Crypto Assets

1. Quant (QNT) Coins

Being in the bearish zone but the opportunity to strengthen is quite wide open, the Bollinger Bands indicator estimates that QNT’s price will fluctuate with resistance levels at 1,920,000 – 2,080,000.

2. Automata Network Coin (ATA)

If it doesn’t work to be above the support area of 1,250 – 1,310, it is expected to make ATA stronger in the Bearish phase so that it will reach the lowest level of Automata Network since listing on INDODAX.

3. Basic Attention Token (BAT)

The price decline on BAT indicates that, currently, the trend is in the Oversold area. The Bearish trend makes the weakening deep enough to around 70%.

The Basic Attention Token price will experience improvement if it succeeds in the nearest Break Resistance range of 3,000 – 3,500.

4. Golem Coin (GLM)

A change from the Bearish trend to Bullish will be realized if the GLM coin breaks several resistance levels, such as 3,000 – 3,400, which is dominant at 4,000 – 4,900. Candles will move above WMA/85.

5. Orbs Coins (ORBS)

The support level at around 420 was broken, making ORBS weaker and the Downtrend zone stronger.

The Bearish trend will experience pressure if the Candle can move above WMA/85, so the potential to go to the 475 – 530 level will get bigger.

 

Note: If the EMA 5 crosses the WMA 75, 85, and EMA 200 lines and the lines intersect from the bottom up, then the market trend tends to be up (bullish). Each table above it shows if the EMA 5 value is higher than WMA 75, 85, and EMA 200, the market tends to rise (bullish).

Suppose the RSI and MACD values show the same condition. In that case, the market is showing the same trend. The condition is overbought (overbought) or oversold (oversold), which indicates that the market is at the point of changing the trend direction.

 

Attention: All content which includes text, analysis, predictions, images in the form of graphs and charts, as well as news published on this website, is only used as trading information and is not a suggestion or suggestion to take action in a transaction, either buying or selling certain crypto assets.

All crypto asset trading decisions are independent decisions by users. Therefore, all risks arising from it, both profit and loss, are not the responsibility of INDODAX.