Price / Performance Summary
Price	$3,830
High	$4,030
Low	$3,800
7 Day	-5,1%
30 Day	-46,5%
3 Month	82,4%
6 Month	751,1%
9 Month	561,5%
12 Month	653,9%

Simple Moving Averages (d)
	Value	Action
10-d	3,990	WEAK BUY
20-d	4,290	WEAK BUY
30-d	4,420	HOLD
50-d	5,540	SELL
(6,21)-d	(3,91 - 4,25)	WEAK BUY
(50,200)-d	(5,55 - 2,39)	HOLD
Exponential Moving Averages
10-d	4,030	WEAK BUY
20-d	4,320	WEAK BUY
30-d	4,520	HOLD
50-d	4,640	HOLD
Simple - Exponential Moving Averages Pairing
15-d	4,15 - 4,15	BUY

Oscillators (d)
	Value	Action
RSI (14)	41,33	HOLD
MACD (5,35,5)	(-0,6733 -0,6943)	WEAK SELL
CCI(14)	-88,67	WEAK BUY
Bollinger Bands	N/A	HOLD
Chande Momentum Oscillator	-26,7	HOLD
DEMA(20,50)	(3,76 - 4,84)	HOLD
Stokastik Oscillator (14,3,3)	(13,92 - 16,55)	BUY
Williams %R	-84,39	BUY
Chaikin Oscillator	-171,67	HOLD
Detrended Price Oscillator	-0,94	WEAK BUY
Volume-Demand Oscillators (d)
Demand Index	-0,2581	HOLD
Money Flow Index	42,39	HOLD

 

I. Trend Analysis

Chart 1 – Trend Analysis

The upward trend, which started at the beginning of February 2021, continues to rise by seeking support at 28 points and continues its movement. Currently, it continues to oscillate within the symmetrical triangle formation.

II. Support & Resistance Points & Fibonacci Retreament

Chart 2- Support & Resistance & Fibonacci Retreament

The 5 main resistance and support levels are as follows:

 

MAIN RESISTANCES			MAIN SUPPORTS
5.Fib Resistance	$10,531		1.Main Support	$3,634
4.Fib Resistance	$8,684		2.Main Support	$3,041
3.Main Resistance	$7,222		3.Main Support	$2,339
2.Fib Resistance	$5,760		4.Main Support	$1,354
1.Main Resistance	$5,219		5.Fib Support	$0,947

III. Formation Analysis

Chart 3-Formation Analysis

In the above figure, an inverted V pattern has formed, which is shown in yellow, in this pattern we expect the price to react downwards as much as the length of the pattern. Second formation formed is the symmetrical triangle formation shown in blue, in this formation we expect the price to gain volume in the direction of the breakout.

IV. Fear & Greed Analysis

Chart 4-Fear & Greed Analysis

This index scored 25 out of 100 for GT, which shows us that there is still a serious fear in the market.

Source: https://alternative.me/crypto/fear-and-greed-index/

DISCLAIMER

This article does not constitute and cannot replace investment advice.

CryptoIndexSeries does not recommend that any cryptocurrency should be bought, sold, or held by you. Do conduct your own due diligence and consult your financial advisor before making any investment decisions.

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