Technical Watch: Buying Acceleration on $DEXE
The Hour candle closed with clear momentum:
- Price: 2.671
- Change: +8.23%
- Price Momentum Strength: 3.8x higher than usual
- Trading Activity: 3.5x higher than usual
- RSI: 82.9
- Confirmed breakout above the highest point of the last 20 candles
• Closest key average: EMA 20 on the 1D timeframe, currently acting as the main resistance.
Large Timeframe Analysis:
• 4H: 🟠 Mixed — the latest close is above EMA20/50, but below EMA200.
• 1D: 🔴 Bearish — the latest close is below EMA20/50/200; remaining below them supports the bearish trend. Closest to price: EMA20.
Technical Summary:
• 1H: 🟢 Strong and confirmed uptrend
• 4H: 🟠 Mixed
• 1D: 🔴 Bearish
Fish Hunter
Note: This report is for personal follow-up purposes. Open the coin on more than one timeframe and determine its direction according to your view, then place your trade. Good luck to everyone
Follow our account for more chances to capture opportunities
#Breakout #DEXE #CryptoTrading
The Hour candle closed with clear momentum:
- Price: 2.671
- Change: +8.23%
- Price Momentum Strength: 3.8x higher than usual
- Trading Activity: 3.5x higher than usual
- RSI: 82.9
- Confirmed breakout above the highest point of the last 20 candles
• Closest key average: EMA 20 on the 1D timeframe, currently acting as the main resistance.
Large Timeframe Analysis:
• 4H: 🟠 Mixed — the latest close is above EMA20/50, but below EMA200.
• 1D: 🔴 Bearish — the latest close is below EMA20/50/200; remaining below them supports the bearish trend. Closest to price: EMA20.
Technical Summary:
• 1H: 🟢 Strong and confirmed uptrend
• 4H: 🟠 Mixed
• 1D: 🔴 Bearish
Fish Hunter
Note: This report is for personal follow-up purposes. Open the coin on more than one timeframe and determine its direction according to your view, then place your trade. Good luck to everyone
Follow our account for more chances to capture opportunities
#Breakout #DEXE #CryptoTrading