- The bears are strong these days
- Price is moving in a descending channel
- Support didn't hold
- Listing on Bithumb on 2/4 pushed price back to last support where it was rejected the next day
- Only news can change momentum
- Without news price will travel towards the lowest line of the channel
- 1st target to break: support
- 2nd target to break: upper line of the channel
- 3rd target to break: resistance
- Long way to go
- Price is moving in a descending channel
- Support didn't hold
- Listing on Bithumb on 2/4 pushed price back to last support where it was rejected the next day
- Only news can change momentum
- Without news price will travel towards the lowest line of the channel
- 1st target to break: support
- 2nd target to break: upper line of the channel
- 3rd target to break: resistance
- Long way to go