Closing at 4k tonight opens the door for 2800. Looking at a lot of the other altcoins a next leg down looks inevitable, which will result in an end of the bull cycle and crypto winter will start, only this time a lot of these coins won`t ever wake-up from their winter sleep. This market needs a reset and delist useless tokens to continue.
Note
stuck between support and resistance, almost no volume.Note
will 3900 hold this week? if not:Note
A close below the 200-d MA, could accelerate a drop to 2800
Trade closed: target reached
Target reached, expect further decline from here in the coming months...Note
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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.