ZENBTC

ZENBTC

PAIR:ZENBTC
Currently consolidating between 0.00283729sats down to 0.00256413sats.
To determing an imminent trend in price ICHIMUKO CLOUD will used.
Using the ichimoku Metric Tenkan( T blue EMA), kijun( K red EMA), senkuo span (A&B) nd Lagging span.
On the 12hours time frame, price is hovering on the Tenkan(T blue ema), the cloud is red( bearish) but the senkuo span B on top of the cloud is totally flat( which is always 0.5fib).
TK crossing below the cloud will likely take place, which will bring price close to the cloud resistance(senkuo span A).
Possible trade that will likely take place is the EDGE TO EDGE TRADE, this is when the price moves close to the cloud resistance, breaks the resistance and closes inside the cloud. There is high probability that price will meet the upper cloud(senkou span B)
MARKET SUGGESTION:
Price will likely drop down to a near low of 0.00236157sats, if price doesn't hold at it current price.
VERDICT:
BUY:0.0028000sats down to 0.002500sats
SELL:0.00331855sats up to 0.00447357sats
STOP LOSS:0.0023000sats

Disclaimer: This is for educational purposes,it is not intended as a financial advice.
The analyst won't be responsible for a loss of fund. Trader should be able to manage risk.

$COV HODL

 

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