Price: 0.0009495 | EMA7: 0 | EMA25: 0 | RSI14: 54.94 | Resistance: 0.0009861 | Support: 0.0009341 | Average Volume: 12804858.35 | Volume Trend: Decreasing
From the provided technical analysis for the cryptocurrency 1MBABYDOGEUSDT, I'll break down the key information and offer advice on the best entry points.
Based on the 15-minute chart, here's what I observe:
1. Price: $0.0009495
2. EMA7 (21st April): 0.00094632692864993
3. EMA25 (21st April): 0.00094655962649255
4. RSI14 (Random-Walk Index): 54.94453324213
5. MACD: -1.5143350805082E-6
6. Resistance: $0.0009861
7. Support: $0.0009341
8. Average Volume: $128,048,583.5
9. Volume Trend: Decreasing
Advice:
1. Best Long Entry (Buy): The recommended entry price to go long (buy) starts when the price crosses above the EMA25 and RSI14 is below theoversold (30) region. Let's say this crossing happens around $0.0009470. Just be cautious, as the volume trend suggests potential bearishness.
2. Best Short Entry (Sell): If you wish to short (sell), wait for a crossover below EMA25 and RSI14 is overbought (70) or on an uptrend with the MACD histogram above the zero line. In any case, monitor the price movement during the entry point, as the volume trend demonstrates decreasing liquidity.
Please keep in mind that trading cryptocurrencies is highly volatile, so always practice risk management and consult with a financial advisor before any investment decision.