Neutral price trend and Altcoin Party
Most likely, after the short-term trend line is broken, the price will reach around $ 60,000, then a pullback will hit the top of the trend around $ 63,000, and then we will see a price correction to $ 48,000. In the next few days, we will have a neutral trend so that what happens next will happen. After this neutral trend, price correction will begin.
Note that this sudden price increase was only due to fundamental news and had no technical reason at all. And in the chart of fear and greed, the chart is tending towards fear, which prevents prices from rising to higher levels.
The important thing is that in these few days when we have a neutral trend, Altcoins will probably start pumping.
Note that this sudden price increase was only due to fundamental news and had no technical reason at all. And in the chart of fear and greed, the chart is tending towards fear, which prevents prices from rising to higher levels.
The important thing is that in these few days when we have a neutral trend, Altcoins will probably start pumping.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.