-Yurlo
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Price action talk:
There's a lot of bearish FUD news circulating around the space.
#1: KuCoin Hack (200+ million)
#2: Bitmex news (Arthur Hayes facing lawsuits)
#3: Donald trump testing positive for covid and being hospitalized
#4: Biden tests negative for covid (this is bearish again)
$10450 - $10550 looks very weak ~ we've seen little to no bounce from this zone and it's been a day since the drop.
Expecting to see $10,200 for a retest, if that doesn't hold $9950.
We first broke down breaching the support trend line on October 1st ~ which usually is a good indication of upcoming price action that will affect the price action across the crypto community and the stock markets.
I can't be bullish after all the bearish FUD news ~ IMO
Please SMASH the like button if you appreciate the visuals on my page 👍
Price action talk:
There's a lot of bearish FUD news circulating around the space.
#1: KuCoin Hack (200+ million)
#2: Bitmex news (Arthur Hayes facing lawsuits)
#3: Donald trump testing positive for covid and being hospitalized
#4: Biden tests negative for covid (this is bearish again)
$10450 - $10550 looks very weak ~ we've seen little to no bounce from this zone and it's been a day since the drop.
Expecting to see $10,200 for a retest, if that doesn't hold $9950.
We first broke down breaching the support trend line on October 1st ~ which usually is a good indication of upcoming price action that will affect the price action across the crypto community and the stock markets.
I can't be bullish after all the bearish FUD news ~ IMO