Rocky road lies ahead, but here’s 5 altcoins that still look bullish
Pang-araw-araw na pagtingin sa data ng merkado sa merkado ng Crypto. Pinagmulan: Coin360 Although buying in a downtrending market is not a good strategy, traders can keep a close watch on cryptocurrencies that are outperforming the markets because, in case of any turnaround, these are likely to be the first off the block. In a bear market, traders should be patient because they are highly likely to find plenty of opportunities to buy after the market stabilizes. What are the critical levels to watch on Bitcoin? If it stages a turnaround, what are the cryptocurrencies that may outperform in the short term? Lets study 5 cryptocurrencies that are looking strong on the charts. BTC / USDT A weak rebound off a strong support indicates that bulls are hesitant to aggressively buy at the level. The bulls successfully defended the support line for several days but could not push the price above the 20-day exponential moving average ($21,806). This shows a lack of demand at higher levels. Araw-araw na tsart ng BTC / USDT. Pinagmulan: TradingView Bears pounced upon the opportunity and pulled the price below the ascending chanel on Aug. 26. The 20-day EMA is sloping down and the RSI is near the oversold zone, indicating