The markets are still largely bearish,as evidenced by the recent bear run.We are still not out of the woods yet,with the 20 EMA crossing above the 50 EMA,further the market is forming lower lows and lower highs a clear sign that bears rule this market in the short term. A break below current support at 1.36 will signal price breakdown with a target of 0.8
This is not a trade recommendation and is not meant as investment advice.Have a lovely day guys
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The 1.35 fib is still holding,but unless we see huge volume to stem the bearish wave coming due to BTC then 0.81 is very much a possibility, Fingers crossed