Crypto-Currency Market Analysis.

in #cryptocurrency4 years ago

Hello, I will present to you today my opinion on what is happening on the crypto market.
On the chart I marked with red arrows places which in my opinion coincide with each other.
It seems to me that the final panic on the market has not yet occurred and only blood will spill.
Considering the years back, we started January with increases and then drops.
If the situation recurs then by the end of the week we should reach the level of $ 9200 maximum of $ 9500 and then two-week decreases.

J7FwuPzm.png

On the chart I marked with black lines the key levels which in my opinion should cause the trend reversal the first level is $ 9500 and the second is $ 10500.
However, I think it's too early for such increases and the market will surprise everyone here,
the more that Halvening is approaching and everyone can see the moon.

2Fyfw7fu.png

I think that the panic will start when we fall below the last hole and the sale may download a price below $ 6,000.
Invites you to discuss what you think about it.

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