The monthly chart formed a bullish pivot, so it is only fair that there is a correction to the 50% FIBO region for the crypto to continue its rise!
-If prices start working below the $19.8K region, the trend could be reversed, so I don't rule out that prices will even test the $19.8K region.
-On the weekly chart, SETUP is already suggesting fatigue on the part of the bulls, so it will be more difficult for them to keep buying and hold prices.
-Going down a little further, on the daily chart, things really seem to want to get more complicated, as we have a bearish pivot formed and confirmed, where, your tendency is at least to look for the support of the long average to keep in an uptrend .
-If the average doesn't hold, the $18.2K region could be the destination!
-The stones are in the middle of the road, will the bulls throw them up?
-Do your analysis and good business.
-Be Aware, If You Buy, Use Stop!
-See below for other reviews!
-If prices start working below the $19.8K region, the trend could be reversed, so I don't rule out that prices will even test the $19.8K region.
-On the weekly chart, SETUP is already suggesting fatigue on the part of the bulls, so it will be more difficult for them to keep buying and hold prices.
-Going down a little further, on the daily chart, things really seem to want to get more complicated, as we have a bearish pivot formed and confirmed, where, your tendency is at least to look for the support of the long average to keep in an uptrend .
-If the average doesn't hold, the $18.2K region could be the destination!
-The stones are in the middle of the road, will the bulls throw them up?
-Do your analysis and good business.
-Be Aware, If You Buy, Use Stop!
-See below for other reviews!
Benzer Fikirler
A nice hit!
MacD_Bollinger
about XBT
No salvation!
MacD_Bollinger
about INGN