montycrypto2020

montycrypto2020

What I understand from this chart is: 1. $BTC must go above 42.5k in the coming week or two to confirm downtrend reversal, else we may revisit 31k within August, via 37.3k test. 3. If 31k breaks, the bear trend continues. P.S. I'm still learning charting. Just practicing Fibs. Really happy to apply something I've learnt. Constructive comments...

montycrypto2020

$ETH just tapped on the 0.382 Fib Level and tested it as a Support after breaking through it's resistance. If the $2720 price holds as a strong support, $ETH can take the whole Altcoin market up to new levels in the coming weeks and months. P.S. This is my first technical post. Really happy to apply something I've learnt. Constructive comments...