Price: 0.003599 | EMA7: 0 | EMA25: 0 | RSI14: 70.38 | Resistance: 0.003674 | Support: 0.003059 | Average Volume: 9395045.47 | Volume Trend: Decreasing
Based on the 1h chart, here's my analysis:
The short-term EMA7 is flat, while the mid-term EMA25 is bearish, indicating a potential downtrend. The RSI14 is overbought, suggesting a possible correction. The MACD is bearish, supporting the potential downtrend.
Recommendations:
* Long: 0.003470 (just above the support level, aiming for a bounce)
* Short: 0.003630 (just below the EMA7, targeting a potential downtrend)
* Best Buy (spot): 0.003430 (a decent level of support, with a risk-reward ratio of approximately 1:2)
Please note that this analysis is based on a single datapoint and is subject to market volatility. It's essential to keep an eye on the chart analysis with other market indicators and news to validate the signals.