WEMIX is close to a 1day Golden Cross and naturally this draws some comparisons with the last 1day Golden Cross on March 7th.
The price turned bearish when it closed under the 0.382 Fibonacci level.
The current 0.382 Fib is around 0.9400, if crossed then sell and target the 1day MA50 at 0.85000.
If the 0.236 Fib breaks first (1.07350), then target 1.32000 (recent top).
Last week's 1day MACD Sell Cross has to favor the bearish case.
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The price turned bearish when it closed under the 0.382 Fibonacci level.
The current 0.382 Fib is around 0.9400, if crossed then sell and target the 1day MA50 at 0.85000.
If the 0.236 Fib breaks first (1.07350), then target 1.32000 (recent top).
Last week's 1day MACD Sell Cross has to favor the bearish case.
Follow us, like the idea and leave a comment below!!
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TheCryptagon offers news & insights on global markets (crypto, forex, stocks, commodities). Follow so you don't miss anything!
🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰
TELEGRAM: t.me/thecryptagon
🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰
TELEGRAM: t.me/thecryptagon
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.