BTC tanked!
Think it definitely had something to do with the Binance hack news and the SEC news also :thumbsdown: it is never ending.
Overall down trend line was tested and holding for now but has broken through the current up trend line. Im a bit worried about that huge wick that managed to break through the overall down trend line - unusually high volume there also.
RSI is oversold at 24 and MACD not looking good either.
If it breaks through the down trend line again, Im thinking it will go to 9288 and then next sup after that is 8490.
Think it definitely had something to do with the Binance hack news and the SEC news also :thumbsdown: it is never ending.
Overall down trend line was tested and holding for now but has broken through the current up trend line. Im a bit worried about that huge wick that managed to break through the overall down trend line - unusually high volume there also.
RSI is oversold at 24 and MACD not looking good either.
If it breaks through the down trend line again, Im thinking it will go to 9288 and then next sup after that is 8490.