I kept eye on this chart longer time.
Altcoins falled from Head and shoulders pattern and volumes start ascending.
I like to see hold this zone and not fall below green trendline. Here is also monthly CPR support.
Beam indicator is green, so let's see if it hold .
Also like to see IF 382 Fibo will hold. It is important correction level.
Majorly, November and December is considered as the strongest period. Cards are bent to crypto side.
In other hand, i see forming potential death cross. This patterns typically producing fail around 30%.
That's my quick view.
Emvo.
*This is not a financial advice.
Altcoins falled from Head and shoulders pattern and volumes start ascending.
I like to see hold this zone and not fall below green trendline. Here is also monthly CPR support.
Beam indicator is green, so let's see if it hold .
Also like to see IF 382 Fibo will hold. It is important correction level.
Majorly, November and December is considered as the strongest period. Cards are bent to crypto side.
In other hand, i see forming potential death cross. This patterns typically producing fail around 30%.
That's my quick view.
Emvo.
*This is not a financial advice.
Comment:
Ether was able to surge above 0.65 Fibo. Good signs.
Comment:
ETH with altcoins move come when 0.65 Fibo will be support.
Trade closed: stop reached:
Support is broken.