Greetings to all readers of this great platform, especially to those who make life within the great community of #ProjectHOPE, in the present opportunity I come to talk about the crypto market, and the possibility that already confirms its change of trend with the movement it made yesterday, by raising its price again with great force in the crypto market, with which we are facing a better moment impossible for the final change.
 Screenshot taken at: Binance |
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As many already know the change of trend and the bull market is just around the corner, as it is already something more common to think how little is missing to generate a bull market and see those benefits after these couple of years that have been so but so complex for the crypto market and the decentralized economy of the blockchain, now we see all the positive moments despite the constant attacks against this economy.
The truth is that little effect are having the latest attacks, as it always comes out with a good rebound and with greater strength within what it does in the behavior of the market, as always led by the behavior of Bitcoin, in the present taking its price to 47k, leaving the previous zone of consolidation, with which we see a strong movement and that the indicators accompany it in the trajectory of the market.
Taking into consideration the image I used at the beginning of the article, we are seeing how the market overcame the 45k zone, a place where it was for more than 1 month, with short movements between 42k and 45k and now reaches a new market zone, and that the movement still has strength, this can be seen by looking a little closer and analyzing the market indicators that I used on this occasion.
Observing the EMAs carry a bullish direction similar to the direction of the market price, the appearance of the SAR points, a situation that announces us moments of entries in the crypto market, and at the bottom a convergence between the market path and the strength of it, with which it is very likely to still go up a little more the price of the same before generating some natural correction that has to perform and consolidate the area.
