I like how you are stating to place $17,400 as a support level now. As when I would comment before anything lower than 20K support levels you would say (The absolute lowest BTC can go is 20k).
NoOneWhoIsSomeone
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@crowntrade, I personally do not believe it will go that low, I remain firm on my target of between 22-23k or 200W MA. I am simply showing the support in the chart and its correlation with the Covid Dip. Also with the entire LUNA catastrophe, that caught me very off guard, it sets a very strange atmosphere in the market
crowntrade
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@NoOneWhoIsSomeone, Yes I agree, the LUNA thing needs to get cleared up ASAP. It is like a fish out of water flopping around on the ground and everybody is just watching it die. It is a little weird and is in bad taste.
NoOneWhoIsSomeone
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@crowntrade, Definitely. Soo many victims in that situation. That probably increased the chances we see a lower wick than anticipated but have to watch and wait. Luna is at $0.12 currently which is absurd.
astepaul
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i dont think we are at capitulation yet. Capitulation will be 19K or under
Vibranium_Capital
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Just a suggestion, if you have pink back round try to change red candles to different color so it’s easier for everyone to see :) kind of blends in a little with the background right now. How it helps!
NoOneWhoIsSomeone
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@Vibranium_Capital, Strange, maybe it is a monitor thing because I see my red candles in contrast to the background but definitely noted! Thank you, very appreciated
mahmoudAhdab
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16000 !! How likely is that !? 24000 is coming as of today charts bit 16000 that would be great price to buy !
panickyHunter3288
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Do you think that cryptocurrency market will recover in the future?