#Fida #fidausdt #MarketDownturn #CryptoMarketMoves
Fida usdt did not Able to brake trend line on d1 time frame if it brake then be bullish otherwise it’s still bearish
_Technical Analysis of FIDA/USDT_
The technical analysis of FIDA/USDT indicates a bearish trend in the short term, with a price of 0.06735 USDT. The analysis is based on a 4-hour timeframe, and the trends, technical indicators, and moving averages all suggest a bearish outlook.
_Trends:_
- Short term: Bearish
- Underlying: Bearish
_Technical Indicators:_
- RSI (14): 43.15
- MACD (12,26,9): -0.0025
- Directional Movement: -14.55
- AROON (14): -71.43
_Moving Averages:_
- MA7: 0.06923
- MA20: 0.07319
- MA50: 0.08433
- MA100: 0.12345
_Opinion and Targets:_
- Bearish under 0.06923 USDT
- Targets: 0.06491 USDT (-3.60%), 0.05952 USDT (-11.50%)
Please note that this analysis is based on a specific timeframe and may not be applicable to other timeframes or market conditions. It's always recommended to do your own research and consider multiple sources before making any investment decisions.
Also, keep in mind that technical analysis is not a guarantee of future performance, and prices can be affected by various factors, including market sentiment, news, and events.
