Crypto sector is overbought. Correction is ahead.
Price reached the global resistance line.
Price/volume relationships show lack of bullish progress despite the high volume of trading. It means the profit-fixing action from professional side who SELL coins to the FOMO-flow of newcomers.
That is why market does need some correction.
Price/volume relationships show lack of bullish progress despite the high volume of trading. It means the profit-fixing action from professional side who SELL coins to the FOMO-flow of newcomers.
That is why market does need some correction.