BTC continue to fall

as we have analyzed before the head and shoulder was so clear that BTC would fall expecting to reach 29K, unless we see a decent volume of buying then we will analyze it in deep.

it looks in 29K have a good buying previously which indicates that have a good support for the downtrend. furthermore, the Bollinger band shows that the BTC will continue fall as well as the volume that considered to be low in buying.


recommending that we hold our cash for now until the market stabilize of selling

alt coins looks like have a black Friday which looks lucrative prices specially with the coins that have good projects. but for now still holding the cash until BTC is moving upward trend


good luck
Technical IndicatorsTrend Analysis

Related publications

Disclaimer