Breaking channel and ≈6900$ resistance would be significant for a change of trend. ( I hope this is the case but I can't say that it's the most likely)
Until then I'm still bearish with targets at ≈5900$ and ≈4650$.
Sup/Res levels are drawn on weekly chart.
I really think we are close to the bottom anyway, there are so many coins ready to pump.
Until then I'm still bearish with targets at ≈5900$ and ≈4650$.
Sup/Res levels are drawn on weekly chart.
I really think we are close to the bottom anyway, there are so many coins ready to pump.
Trade active:
As expected price is still inside the channel and under 6900$.
At this point ≈5800/6000$ target has 90% chance of being reached.
Also next target is likely to be reached, not easy to set a exact price, may be something between 4600 and 5000$, it's full of supports in this zone.
At this point ≈5800/6000$ target has 90% chance of being reached.
Also next target is likely to be reached, not easy to set a exact price, may be something between 4600 and 5000$, it's full of supports in this zone.