Judge yourself , nothing special with the down move however..
Dear traders,
Some people got on the REKT city express and got liquidated , however if you zoom out into the bigger time scale 1day-4 hour chart then you realize nothing really special has happens as we are still in a bullish *flag*triangle with all the targets in place still old 6k area for a dump , and 11..8 to the upside , however we are on the support of the triangle and many other indicators tell us 8400-8500 is the last safe heaven for support a 1h candle below this close , we are possible to test the 6k area , on the upside if we close above 8.800 -8.900 on the 1h candle chart as well we are 70% chance we are gonna to hit the 118.8 k before end of mid December ... so my advice dont short or long right now ..... but buy and accumulate more btc and set tight stop loss ....
For coins with more gains on the short term i would advise you to look at ETH as its performing very well last days against btc , then again CARDANO ADA lot of bullish news comming up and compared to the btc pairing its longer bullish already then eth so thats a good sign thats its not that much correlated anymore to btc or eth , mr charles of ada might be able to pull this off after all with cardano lets see .....
other news keep an eye on MCO , crypto.com eu cards are coming so price will get an uptick
Some people got on the REKT city express and got liquidated , however if you zoom out into the bigger time scale 1day-4 hour chart then you realize nothing really special has happens as we are still in a bullish *flag*triangle with all the targets in place still old 6k area for a dump , and 11..8 to the upside , however we are on the support of the triangle and many other indicators tell us 8400-8500 is the last safe heaven for support a 1h candle below this close , we are possible to test the 6k area , on the upside if we close above 8.800 -8.900 on the 1h candle chart as well we are 70% chance we are gonna to hit the 118.8 k before end of mid December ... so my advice dont short or long right now ..... but buy and accumulate more btc and set tight stop loss ....
For coins with more gains on the short term i would advise you to look at ETH as its performing very well last days against btc , then again CARDANO ADA lot of bullish news comming up and compared to the btc pairing its longer bullish already then eth so thats a good sign thats its not that much correlated anymore to btc or eth , mr charles of ada might be able to pull this off after all with cardano lets see .....
other news keep an eye on MCO , crypto.com eu cards are coming so price will get an uptick
Comment:
118.8 k before end of mid December .. typo , lets wish that but 11.8 i mean