Crypto Market at an very important point
Since the beginning of November, the Crypto market is in a downtrend, with an average loss of around 70%.
However, since the Mid-June low, the market is looking like it's creating a bottom and at this moment is trading in a very important 950T resistance zone.
A drop from this point is probable, but for the market to maintain its up trajectory, bulls need to keep the 870 zone intact followed by a break of the up-mentioned resistance.
In such an instance, we can assist in the continuation to 1.15.
On the other hand, a new drop under 870 could lead to a new test of 760T low and even to a new low
However, since the Mid-June low, the market is looking like it's creating a bottom and at this moment is trading in a very important 950T resistance zone.
A drop from this point is probable, but for the market to maintain its up trajectory, bulls need to keep the 870 zone intact followed by a break of the up-mentioned resistance.
In such an instance, we can assist in the continuation to 1.15.
On the other hand, a new drop under 870 could lead to a new test of 760T low and even to a new low
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
İlgili yayınlar
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.