My analysis is based on the orderbook data available on binance. I use orderbooks to predict its impact on technical indicators which are incentives for investors to either buy or sell.
Based on my current projection I feel we may have some narrow trading, with support near the 29$ area.
Based on my current projection I feel we may have some narrow trading, with support near the 29$ area.
Comment:
may see a greater drop as mac-d would suppose be turn bearish, but hard to say as we have to yet expect volume as US retail traders wake up etc