What we can expect is a rejection from resistance zone and a move back to the support zone below At this very moment, price is ranging from Support zone to Resistance zone we will obviously take this as an advantage. Ride the Range till it ends LOL I expect a break to occur during the weekend when Cryptocurrencies are usually bearish i'll be taking a short position soon, holding it till a break of support zone A break of support zone will be a confirmed continuation of the downtrend.
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.