About my article on the 5 day standard deviation, For those who haven't read it:
https://www.publish0x.com/trade60/it-would-be-nice-to-know-the-range-of-a-stock-or-crypto-the-xomdmpq
So the range we expect today should be between 61600 and 58360.
What happened? That Bitcoin broke $ 60,000 on impulse, so people moved money from altcoins to BTC. This caused a first wave of landfill on altcoins. Later Bitcoin caused another wave of landfill.
However, the market is still locally bullish above the support of $ 58500. The first goal is $ 64,000. Altcoins are relatively cheap at this point, we can buy some.
now a look at THE ENJ:
You could try a buy and wait for a rebound.
Graphic: https://it.tradingview.com
This article does not contain investment advice. Every investment and trading move carries a risk, readers should conduct their own research when making a decision.
THE OPINIONS EXPRESSED BY THE AUTHOR ARE PERSONAL ONLY AND FOR INFORMATION PURPOSES AND DO NOT CONSTITUTE FINANCIAL, INVESTMENT OR OTHERWISE ADVICE.
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