Price: 16.1 | EMA7: 16.26 | EMA25: 16.36 | RSI14: 44.68 | Resistance: 17.9 | Support: 15.65 | Average Volume: 2915.21 | Volume Trend: Decreasing
Based on the 4h technical analysis of DCRUSDT:
- The EMA7 and EMA25 are trending upwards, indicating a long-term bullish trend.
- EMA25 is above EMA7, confirming the uptrend.
- RSI14 is at 44.68, around the neutral zone (30-60), indicating neither overbought nor oversold conditions.
- MACD is negative but has shown an upward divergence with price movements, suggesting a potential buying opportunity.
- Resistance is at 17.9, and Support is at 15.65.
- With a decreasing volume trend and average volume of 2915, market engagement is low.
Recommendation:
1. Best Long/Short Entry price based on given analysis seems to be 15.65 to catch the rising trend with minimal losses on the short side and higher gains on the long side when reaching 17.9.
2. Best spot buy price seems to be just above the rising trend's support, that is around 15.7 to 15.75. This is to enter with lower risk while targeting resistance levels around 17.9.
Please note that the provided analysis is based on a snapshot of the data and should not be considered a definitive trading advice.