As per my previous idea, BTC went in to the central support area, which was expected to then offer weak support, and fell through. It wasn't strong support, so the precipitous drop has occurred exactly as predicted.
The nearest support is down around 39, so alts may suffer if we get a bounce around there this week or next.
At the very least, we should get some slow down of the freefall.
The increasing volume toward the bottom usually indicates buying, but since this isn't really traded, I'm not sure what significance it has. It will be interesting to see.
The nearest support is down around 39, so alts may suffer if we get a bounce around there this week or next.
At the very least, we should get some slow down of the freefall.
The increasing volume toward the bottom usually indicates buying, but since this isn't really traded, I'm not sure what significance it has. It will be interesting to see.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
