Hi friends! How Your Weekend Goes? Don't forget to rest and relax, overloading is the best trader's helper!
As we can see, bitcoin fell to a local minimum of $ 48.4 thousand. Crypto-exchange users lost about $ 3.7 billion. In total, almost 600 thousand traders' positions were closed, one of them lost $ 11.3 million. pairs with bitcoin - $ 1.3 billion. On transactions with Ethereum, losses amounted to $ 652 million. What awaits us today?
In today's idea, the resistance line and the support line play the main role. Notice how the resistance line pushes the price away. This is a great sign for our idea today.
The price has already bounced off the resistance line. Today I expect the price to continue this decline and reach the support line. As for me, this will be a profitable and accurate price drop!๐
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.
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.