Right now, the crypto market faced some resistance. There is a price consolidation on the market, the volume was not enough in the previous days in order to break the resistance. A small bearish trend started to develop on the 4h and daily chart. There is a possibility of further drops in the near future, in the other hand, on the weekly chart I see a big triangle pattern developing, which can make a positive impact on the prices on the long term. I will try to update you ASAP. Right now, I will try to wait until we can see some clear picture about the market.
Trade closed: target reached:
First wave completed.