As we can see we see a Symmetrical Triangle forming on the daily chart. This also indicates an accumilation zone. Also Bearish Divergend RSI.
Not bouncing on fibonaci levels makes me think well be going lower, although the market cant be predicted since it is manipulated by whales...
Lets just see how this plays out, under 6.800 USD im going FIAT, breaking out above the triangle would mean adding ALTS to our portfolio would seem like a good idea.
Happy trading!
Not bouncing on fibonaci levels makes me think well be going lower, although the market cant be predicted since it is manipulated by whales...
Lets just see how this plays out, under 6.800 USD im going FIAT, breaking out above the triangle would mean adding ALTS to our portfolio would seem like a good idea.
Happy trading!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.