I see is a reversal pattern and may plunge the next day of after. That is why I close out my long position.
The CEO of top cryptocurrency exchange Binance has said President Trump’s crypto-related tweets can only be a good thing for the industry.
Trump so far has not done anything positive or negative, he’s just said he’s not a fan. The fact that he tweeted about it, and the president of the United States is talking about cryptocurrency, it’s a good thing.”
Technically is that Coin are getting position for another rally.
Weekly posted a red downwards inverted last week and not forgeting the unfinished green bull inverted pattern that post before last week.
Is a good thing that we see she lowered first before mid week.
Day chart we can see here is forming a one straight line touching all support and probably see she start to recover mid week.
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