Can 200 be hold?
Or it will test 200 D SMA(Simple Moving Average)? Can it be hold?
After Facebook release stable coin Libra plan, market was in a happy outlook.
But Libra causing lots of concern from major central banks and governments, and a Twitter from Trump, US President, let the market drop sharply. Now market is in a panic selling. It is in a communication process for the next development of digi-currencies. We think it is a health communication process.
Let see if 200 could be hold or not, and watch 200 D moving average could provide enough support or not. We are in bullish bias, but still keep watchful eyes on it.
If 200 days SMA could be provide support, then we will turn into neutral attitude toward Ethereum US pair.
Or it will test 200 D SMA(Simple Moving Average)? Can it be hold?
After Facebook release stable coin Libra plan, market was in a happy outlook.
But Libra causing lots of concern from major central banks and governments, and a Twitter from Trump, US President, let the market drop sharply. Now market is in a panic selling. It is in a communication process for the next development of digi-currencies. We think it is a health communication process.
Let see if 200 could be hold or not, and watch 200 D moving average could provide enough support or not. We are in bullish bias, but still keep watchful eyes on it.
If 200 days SMA could be provide support, then we will turn into neutral attitude toward Ethereum US pair.
Comment:
Maybe it is in a RH&S development.....