Looks like a falling wedge. Price is bearish at the moment, so i think it will move along the channel, and later this month or august we will see a breakout. Look for entry closer to the end of the wedge.
There's a lot of uncertainty right now with the Bitcoin Aug.1 announcement that will likely affect altcoins.
We are in risky times, so be careful making trades.
When in doubt... HODL
There's a lot of uncertainty right now with the Bitcoin Aug.1 announcement that will likely affect altcoins.
We are in risky times, so be careful making trades.
When in doubt... HODL
Note
Broke support... lets see it test next support at 39kNote
Bounced off the 39 should see it hit 60k soon if BTC doesn't fall too much
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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.