ChainLink / TetherUSShort
Possibility of falling up to $ 20
Double top below MA200D and the market downtrend increase the probability of a downturn, although to confirm the downturn we have to wait for the formation of a suitable candlestick with a good volume. Also, the failure of the support of 1.618 Fibonacci confirms the downward trend.
If Double top is approved, we expect a drop to the support of 1 Fibonacci in the range of $ 1, which is the goal of Double top on the resistor, so it is better if we have more than 50% of this currency to sell and wait for a reasonable price, and if not. $ 20 is the best place to go.
If Double top is approved, we expect a drop to the support of 1 Fibonacci in the range of $ 1, which is the goal of Double top on the resistor, so it is better if we have more than 50% of this currency to sell and wait for a reasonable price, and if not. $ 20 is the best place to go.
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Related publications
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.