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We're going to see a big breakout to the 1K resistance level in the next day or two. Now is the time to buy in!
Comment:
Some noise introduced that temporarily dipped below the support line, but the pattern is holding. Stay sharp.
Comments
I agree with your TA
BUT
we have to wait till 4am UTC Friday. If Binance was actually hacked then we are going to see a massive drop. If they actually do reopen trading we will see the breakout
BUT
we have to wait till 4am UTC Friday. If Binance was actually hacked then we are going to see a massive drop. If they actually do reopen trading we will see the breakout
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@CryptoMagician34, I don't believe in the FUD surrounding the site's downtime, though naturally I'm a little concerned. I am confident however that Binance will be back up and running at approximately 4am UTC. As CZ said, we can see the Binance's hot wallet has not been compromised.
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@intgsull, I agree. I am more worried about the humans panic selling lol.
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@intgsull, Broken Support, My Stop Losses activated. I will buy back in if we break 850 but I think we are looking at a drop, What do you think?
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@CryptoMagician34, I think you set your stops too high. A little early to tell but the best fit support line is still holding, pattern is continuing, just a little noise. I agree it is a little more uncertain now, looking at a potential drop. We'll know in the 8 hours.
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@intgsull, Ya possibibly, The price cant make up its mind what to do
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@intgsull, My stop Loss was at 788, I was just able to get back in at 785. Tweet from binance saying data recovery was succesfful. 1-2 hrs before they are back up. Hopefully this is enough, its been unpleasent.
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