🔥 Weekend Technical Analysis Fiesta🎉- Name Your Crypto!
Updated
It's been 4 weeks since the last Altcoin Fiesta, which means it's about time for a new one!
My short-term view on the markets:
BTC has fallen through the main bullish support which held the upward trend going all year. Volatility is still low, but BTC appears to have found support around the June support area. Short-term price action can be bullish, but I still think that the remainder of the year will be dominantly bearish.
I will remain bearish until we can get a weekly close above the top resistance of the purple channel.
Still, there's some decent long-term plays in the altcoin market.
🎉CRYPTO FIESTA🎉
Comment your favorite crypto below and I'll do my best to make an easy to understand technical analysis on it. Will be making these analyses all weekend!
Give this analysis a like if you enjoy the content
My short-term view on the markets:
BTC has fallen through the main bullish support which held the upward trend going all year. Volatility is still low, but BTC appears to have found support around the June support area. Short-term price action can be bullish, but I still think that the remainder of the year will be dominantly bearish.
I will remain bearish until we can get a weekly close above the top resistance of the purple channel.
Still, there's some decent long-term plays in the altcoin market.
🎉CRYPTO FIESTA🎉
Comment your favorite crypto below and I'll do my best to make an easy to understand technical analysis on it. Will be making these analyses all weekend!
Give this analysis a like if you enjoy the content
Note
Second day of the fiesta! Name your favorite alt 🙏Note
Last day of the Fiesta! If you have some tokens you wish to be analyzed, share them🙏🔥
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