Tron (TRX) is at the top of this week’s bullish crypto asset rankings!

5 Bullish Crypto Assets

Tron (TRX)

An increase occurred from October 13, 2022; the price moved from the 925 level and then rose to the cost of 985, where the price had touched the price of 1.005, but the candle was unable to strengthen and underwent a correction. Weakness will test the price at the WMA/75 line and WMA/85. The following support level is at 940, and the Bullish Trend will be depressed if the candle can break the 915 level.

After a sharp strengthening, the MACD indicator shows a negative trend. Further strength will try to dominate the price and make the candle intact above the 1,000 level.

Quantity (QNT)

The trend has been in the Bullish zone since September 17, 2022, had moved sideways at the level of 1,400,000 – 1,700,000, confirmed by a candle that was able to break the resistance level so that the price strengthened to around 80%. Suppose you look at the direction of the trend movement with Bollinger Bands. In that case, the price tends to fluctuate with a strengthening which, if it occurs, will try to stay above the 2,720,000 level while, contrary to the forecast, the weakening will try to test the 2,600,000 price for the next price to be at the 2,500,000 level.

Kok (KOK)

Using a chart with a 4-hour time frame indicates that if the trend is on the negative side when judged by the MACD indicator, the inability of the candle to form above the 6.350 resistance level is the initial point of weakness in the Bullish trend. The Bullish Trend will be broken if the candle cannot stay above the EMA/200, followed by a break of the Support level at 3,900.

A strengthening in the trend will try to break the WMA/75. If it fails, it will amplify the momentum to test the 6,000 level.

JUST (JST)

The increase in JUST cannot be separated from the trend’s ability to break out from the resistance level, which is quite strong at 400. The direction of the Bullish trend will be more vital if the candle with a complete form can form above the 455 level; before breaking through that level, the price will move quite dynamically. Support levels are available at around 395 – 385. If the candle weakens, the Bullish condition will be depressed.

1x Short Bitcoin Token (HEDGE)

The strong upward momentum can be seen in 1x Short Bitcoin Token in the 1-day time frame on a bullish trend, touching the Support area around 1,610,000 – 1,680,000, then experiencing a Pullback and breaking the 1,820,000 level. The price movement is seen in the Sideways Bullish zone with a range of 1,890,000 – 2,080,000. If the price can break between these lines, it will confirm the action of the trend direction, which will then be followed by the movement of the MACD indicator, which will cut.

5 Bearish Crypto Assets

Solve (SOLVE)

The bearish phase of the Solve is marked by the price correcting to below WMA/75 at the cost of 665. The price weakening continued to 564, then touched the 464 level on October 13, 2022. The decline will continue if the price cannot increase to 550.

The Support level is in the range of 490 – 495, and contrary to the forecast, the MACD indicator is in a positive phase where the price will try to break through the 515-level area.

Balancer (BAL)

On-time frame one price, the trend is still in the Downtrend Channel when the Candle is below the EMA/200. BAL will be able to correct the trend direction if it can stay above WMA/75 and WMA/85 and increase the possibility of breaking 120,000 – 131,000.

The MACD indicator shows that if both lines are narrowing, the price movement tends to be more limited in 69,000 – 83,000.

ABBC Coin (ABBC)

ABBC’s price continued to decline after being unable to break through 2,660. The price weakened to 2,350, which caused ABBC Coin to be in a Bearish Phase. The decline that occurred could not be separated from the sales, which were quite massive. The nearest Support area is at the level of 2,215. If this level is broken, a reasonably strong Support area will be indicated around 2,180 – 2,190.

Chiliz (CHZ)

On the chart with 4 Hours time frame, CHZ has been in the Bearish zone since October 10, 2022, which is confirmed by WMA/75 and WMA/85 crossing below the EMA/200. Weakness will test the area of ??2.545 – 2.660. Candles formed below this area will make a new move in the Bearish trend.

The Bollinger Bands indicator is indicated to be narrowing between the two lines, and price movement will be limited to around 2,700 – 3,000. If the price can break the resistance level, the opportunity to stay above WMA/75 and WMA/85 will be wide open.

Cosmos (ATOM)

Candles could break through the EMA/200, but this was not supported by candles that could not form above the 255,000 level, so the trend weakened again to the 162,000 level. The MACD indicator shows that if the trend narrows around 176,000 – 203,000, an indication the Bearish phase will fail to continue the trend if it can pass the Resistance level at the price of 288,000 – 300,000.

 

NOTE: If the EMA 5 crosses the WMA 75, 85, and 200 EMA lines and the lines intersect from the bottom up, then the market trend tends to be bullish (bullish),

each table above shows that if the value of EMA 5 is higher than WMA 75.85 and EMA 200, the market tends to go up (bullish).

If the RSI and MACD values ??show the same condition, the market is showing the same trend. Overbought (overbought) or oversold (oversold) conditions indicate that the market is already changing the trend direction.

 

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