LOOSING STRENGHT (Daily analysis)
Ok, yesterday was a great day of trading, good opportunities on altcoins.
However, the volume has been very low yesterday, I think we might see the second wave of the correction coming today, and be ready for a pretty volatile movement.
We had our first big red candlestick two days ago, but people are not worried at all, an maybe it's the time to make them think twice about a possible downtrend and the end of the crypto season for a moment. People are so confident yet.
I anticipate a correction on alts and on bitcoin.
However, the volume has been very low yesterday, I think we might see the second wave of the correction coming today, and be ready for a pretty volatile movement.
We had our first big red candlestick two days ago, but people are not worried at all, an maybe it's the time to make them think twice about a possible downtrend and the end of the crypto season for a moment. People are so confident yet.
I anticipate a correction on alts and on bitcoin.
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.