{"id":12793,"date":"2022-11-11T11:20:36","date_gmt":"2022-11-11T11:20:36","guid":{"rendered":"https:\/\/tradingshot.com\/?p=12793"},"modified":"2023-05-16T11:22:21","modified_gmt":"2023-05-16T11:22:21","slug":"maskusdt-golden-cross-on-1d-but-we-need-this-resistance-to-break","status":"publish","type":"post","link":"https:\/\/tradingshot.com\/index.php\/2022\/11\/11\/maskusdt-golden-cross-on-1d-but-we-need-this-resistance-to-break\/","title":{"rendered":"MASKUSDT Golden Cross on 1D but we need this Resistance to break"},"content":{"rendered":"

 <\/p>\n

*** ***
\nFor this particular analysis on the\u00a0Mask Network<\/a>\u00a0we are using the\u00a0MASKUSDT<\/a>\u00a0symbol on the OKX exchange.
\n*** ***<\/strong><\/p>\n

The idea is on the 1D time-frame where\u00a0MASK<\/a>\u00a0just formed a Golden Cross on the 1D time-frame, which is a bullish pattern when the 1D MA50 (blue trend-line) crosses above the 1D MA200 (orange trend-line). This is upon a pull-back just a week after the November 03 High, which not surprisingly failed to break the 6.500 Resistance of the April 02 High.<\/p>\n

We say not surprisingly because the previous 1D Golden Cross, also failed to break its Resistance level at the time (29.150) and instead of a bullish extension, the price turned sideways, until it eventually got rejected on November 27 into an extended Bull Cycle.<\/p>\n

Even the RSI patterns between the two are similar, so it is not unlikely to expect a similar consolidation unless the 6.500 Resistance breaks. We have plotted the 2021 price action on this year’s and the similarities are strong.<\/p>\n

Tradingview link:<\/p>\n

https:\/\/www.tradingview.com\/chart\/MASKUSDT\/QySKpyN0-MASKUSDT-Golden-Cross-on-1D-but-we-need-this-Resistance-to-break<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

  *** *** For this particular analysis on the\u00a0Mask Network\u00a0we are using the\u00a0MASKUSDT\u00a0symbol on the OKX exchange. *** *** The idea is on the 1D time-frame where\u00a0MASK\u00a0just formed a Golden Cross on the 1D time-frame, which is a bullish pattern when the 1D MA50 (blue trend-line) crosses above the 1D MA200 (orange trend-line). This is<\/p>\n","protected":false},"author":611,"featured_media":12794,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1636],"tags":[],"class_list":["post-12793","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts\/12793","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/users\/611"}],"replies":[{"embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/comments?post=12793"}],"version-history":[{"count":2,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts\/12793\/revisions"}],"predecessor-version":[{"id":12796,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts\/12793\/revisions\/12796"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/media\/12794"}],"wp:attachment":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/media?parent=12793"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/categories?post=12793"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/tags?post=12793"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}