seventhwhiskey

Crypto retreating to pre-boom trend lines

COINBASE:BTCUSD   Bitcoin
LTC and BTC in 4hour charts. LTC still following same range I mapped back on Feb 28th, trend likely to continue. The bulls are too busy dreaming of moon cheese to hear it, but we're on a path to return to the pre-December trend lines in both. The huge December rally was NOT the making a new baseline, just a FOMO bubble. I see LTC @ $132 and BTC @ $6700 by the end of March. The longer term shallow up-trends should hold. Depending on market sentiment, we may see as low as $119 and $6000 before the start of an actual normalizing.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.