Hi, I try to post often so if could follow and like it would mean a lot to me.
As according to plan market is slowly bleeding to support zones (I talked about this in my previous ideas), and coins like LUNA, AVAX and SOL are having a proper correction. Bullish coins like FTM and ATOM are also getting affected.
CRV and other alts (this analysis serves for a lot of Alts like MATIC and the above) are finally getting to support and things are not looking good right now.
If we close below the 4.67$ I am very bearish and I think that we will correct to 4.10$. However if we stay above to that support level we will have a little bounce before BTC gets to their support zone (40K) and drag all altcoins to the red zone. Comment what you think.
As according to plan market is slowly bleeding to support zones (I talked about this in my previous ideas), and coins like LUNA, AVAX and SOL are having a proper correction. Bullish coins like FTM and ATOM are also getting affected.
CRV and other alts (this analysis serves for a lot of Alts like MATIC and the above) are finally getting to support and things are not looking good right now.
If we close below the 4.67$ I am very bearish and I think that we will correct to 4.10$. However if we stay above to that support level we will have a little bounce before BTC gets to their support zone (40K) and drag all altcoins to the red zone. Comment what you think.
Comment:
Looks that we might close above 4.67$, so we didnt drop from support after all
Comment:
Update: We already invalited at 4$
Short target reached.
Short target reached.