Cryptocurrencies to Watch This Week For Knowing How To Swim On The Bears Ocean
Roaring Lion
Bitcoin continues like a heavyweight roaring lion. It is important to note that there is a short-term low convergence, but it is important to keep the medium-term high divergence pending.
By the time this article was written, Bitcoin had depreciated approximately 1.51% overnight. By then, it touched the 30-period moving average, thus creating a bearish alert state.
The truth is that for these moments we are taking as a basis the hourly graph times and the daily graph time. Based on the daily technical analysis, this strategy emerges that you can unlock here: https://social.wubits.io/share/655272bc5113936b4b70bb18?rid=649dc69c513f891ea9e6ec9c&utm_source=link.
Sleeping Sparrowhawk
Since the last price correction, 0x Protocol (ZRX) recovered over 221% between September and the time this article was written. Really surprising.
Doing an analysis for the hourly parameters, this cryptocurrency presents an interesting structure, with an apparently bearish sentiment.
Technically in 4H it remained supported by the Tekan-Sen resistance at $0.563. However, we can note that it could look for the previous low (PLD) almost near $0.4335.
You can unlock the complete strategy here: https://social.wubits.io/share/65527a525113936b4b70bf8c?rid=63dffbc796acc11510f0903b&utm_source=link.
Running Shrimp
Filecoin (FIL) is a quiet little shrimp. At the time of analyzing the cryptocurrency, it had already touched the Tekan-Sen dividing line (4H) relatively above $5.19.
We can highlight then that this cryptocurrency is in a state of distribution and trying to break the previous maximum point (PDH).
As a perfect strategy, we recommend the following that you can unlock here: https://social.wubits.io/share/6552818e5113936b4b70c423?rid=63dffbc796acc11510f0903b&utm_source=link.
