is currently in a strong downtrend - but it looks overstretched and soon a retracement should happen.
There is a nice confluence with the 70.50% Fib level and a (orange field). I also expect some reaction at the top of the blue area and the 61.80% Fib level.
- Watch your Risk management
- Bitcoin has an influence on all Altcoins, be aware of movements there
- DYOR (Do-Your-Own-Research)
This information / article is only for educational purporses and not a recommendation to buy or sell.
I'm not a Financial Advisor.
Thanks for reading!
- SE -