Hello all,
Yesterday I was showing you that we failed to break the MMA50 (violet trend line) :
Here is the current chart :
As I was explaining you, the break of the MMA50 would have confirmed the Bounce but we failed. I think we will now go soon test again the support line in green for the third time. I will be honnest, I'm afraid that this third test finishes to break that line and that we go directly in direction of the previous low around 6000$.
Let's see how the chart will progress in the coming hours but we really need a nice bull volume back and very soon if we don't want see happening the scenario that I just explained to you.
I wish you massive profits,
Cryptopassion.io
Disclaimer : Never invest more than what you can afford to lose. This post is my personal opinion, do your own research before making any investment decisions. If you make any trades after reading this post, it is completely in your responsibility. I am not responsible for any of your losses. By reading this post you acknowledge and accept that.
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