Indodax Market Signal November 28th, 2022 | OKB Bullish!
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Indodax Market Signal November 28th, 2022

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Indodax Market Signal November 28th, 2022

Market Signal Indodax 28 November 2022

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OKB this week, in the top position of the Bullish crypto market, you know! Besides OKB, what crypto assets are indicated bullish? Check out more here!

5 Bullish crypto assets

  • OKB (OKB)

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On November 6, 2022, OKB touched the price of around 400,000 and could not penetrate the resistance level because, when viewed, the RSI indicator was already in the overbought area, so the OKB weakened. The weakening will try to survive above the 280,000 level. If the candle can stay above that level, it will increase OKB’s chances of penetrating resistance levels in the area of ??390,000 – 410,000.

  • IGNIS (IGNIS)

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The reinforcement in Ignis begins with a trend that can penetrate from level 65 then the price experiences very high support. This also has an impact on the trend transition from bearish to bullish. Strengthening on Ignis will continue if the candle with a complete form can be formed above the price range of 140-150.

  • DAEX (DAX)

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In the 4 -hour time frame used, DAEX continues to improve performance after the trend moves from the resistance level of 50 to strengthen in line with the WMA/85. The bullish trend will be broken if the price weakens and penetrates areas 45-60.

  • Hara Token (HART)

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The movement is dominated by a more limited range of 24-28, able to penetrate the resistance level, followed by a significant price strengthening. The MACD and Bollinger Band indicators indicate that the price is shown in the sideways zone in the price range of 25-40. The mental level of the price will be a momentum for hara tokens.

  • USD Coin (USDC)

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On the one-day chart, the USDC continues to experience a pretty good reinforcement with comparison since being in the bullish trend on April 22, 2022. Until now, the USD Coin has climbed around 9%. We are experiencing correction after touching the price of 15.990 but are restrained by the support level at 15,345 – 15,435. Indications of strengthening are still wide open, with estimated costs that will try to penetrate above the 16,000 level.

5 Assets of Crypto Bearish

  • Stellar Lumens (XLM)

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In a one-day graph, Stellar Lumens has been indicated in the Bearish trend since December 11, 2022, which allows if the pressure on the supply side is high enough. The trend is not capable enough to survive above the level of 1,630 – 1,725 ??, which causes XLM to end the bearish sideways phase negatively and is stuck above the area of ??1,300 – 1,325.

The trend in the bearish area will improve if XLM can penetrate the 1,500 level. Then, this must be followed by a trend that can move from EMA/75.

  • Marblex (MBX)

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The direction of the price trend, if you see the MACD indicator is in a positive zone with a positive histogram. If the price can break from resistance level pressure in the area of ??24,000 – 28,000, it will open up opportunities to increase changes in price levels. If it occurs, the correction will try to test the support level of 18,000 if this price is pierced, indicating to touch the lowest price of MBX openly open.

  • Celsius (Cel)

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Climb and change the trend quickly and significantly. Still, then experiencing changes in momentum to negative also briefly indicates that the price changes in Celsius are very high or fast. In the one-day time frame, the trend is currently trying to survive above 9,600 – 11,200. If the area is not penetrated, it weakens to 6,500. It will be pretty significant.

  • DAD (DAD)

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The chart movement with a time of 4 hours illustrates that the trend has been in the bearish area since November 10, 2022. Assuming that the current trend moves in the bearish sideways area with a movement range of around 300 – 370. The trend will strengthen along with the candle, which can also be formed in over area 400.

  • Swipe (sxp)

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A bearish trend will be indicated to fail to continue if SXP can break from one of the resistances that are strong enough at the level of 6,180 – 8,500. If the resistance can be penetrated, it will increase the hope of surviving above EMA/200. Vice versa, if unable to break from that level, the estimated negative pressure will be even more significant in a swipe.

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.

 

ATTENTION: All contents which includes text, analysis, predictions, images in the form of graphics and charts, as well as news published on this website, is only used as trading information, and is not a recommendation or suggestion to take action in transacting either buying or selling. certain crypto assets. All crypto asset trading decisions are independent decisions by the users. Therefore, all risks arising from it, both profit and loss, are not the responsibility of Indodax.

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