Consolidarion after the sharp declince...!
ที่อัปเดต:
Major cryptocurrencies experienced a 27-40% decline in the past 3 weeks and now they made a consolidation pattern!
Interestingly, they made 2 positive days followed by 2 negative days of small cycles, and they barely move in one direction for 3 days in a row in the past 12 days!
This shows weakness and in the decision in the market!
Conclusion:
Neutral until we see a breakout!
You can see the most important support (green lines) and resistance (red lines) to watch in the coming days in these charts!
Best,
Moshkelgosha
DISCLAIMER
I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA , an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
Interestingly, they made 2 positive days followed by 2 negative days of small cycles, and they barely move in one direction for 3 days in a row in the past 12 days!
This shows weakness and in the decision in the market!
Conclusion:
Neutral until we see a breakout!
You can see the most important support (green lines) and resistance (red lines) to watch in the coming days in these charts!
Best,
Moshkelgosha
DISCLAIMER
I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA , an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
บันทึก
Weakness and Indecision
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