Crypto Market at an very important point
Since the beginning of November, the Crypto market is in a downtrend, with an average loss of around 70%.
However, since the Mid-June low, the market is looking like it's creating a bottom and at this moment is trading in a very important 950T resistance zone.
A drop from this point is probable, but for the market to maintain its up trajectory, bulls need to keep the 870 zone intact followed by a break of the up-mentioned resistance.
In such an instance, we can assist in the continuation to 1.15.
On the other hand, a new drop under 870 could lead to a new test of 760T low and even to a new low
However, since the Mid-June low, the market is looking like it's creating a bottom and at this moment is trading in a very important 950T resistance zone.
A drop from this point is probable, but for the market to maintain its up trajectory, bulls need to keep the 870 zone intact followed by a break of the up-mentioned resistance.
In such an instance, we can assist in the continuation to 1.15.
On the other hand, a new drop under 870 could lead to a new test of 760T low and even to a new low
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.