Fibonacci and Ichimoku are highlighting a possible support level at around $3373. It's not unlikely that the price will get there, given:
- multiple indicators are signaling a downtrend (MACD, 20 SMA of the StochRSI ...)
- rumours about china bans may manifest into actual news that could lead to big FUD again
At the point one can start looking for a reversal. Else the downtrend might get stronger.
- multiple indicators are signaling a downtrend (MACD, 20 SMA of the StochRSI ...)
- rumours about china bans may manifest into actual news that could lead to big FUD again
At the point one can start looking for a reversal. Else the downtrend might get stronger.