Hi Traders, Investors and Speculators 📉📈
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year.
A quick look at BNB / Binance coin / BNBUSDT for the short term. From the 3D timeframe, the technical indicators are showing bearish. Keep in mind that the noise/volatility on lower timeframes don't show up here, so it's not necessarily a straight line down. Pointed out is the closest support zone I'm considering.
In other cryptocurrency markets :
⁕ Ethereum ETH loses $1100 as it follows BTC down
⁕ Bitcoin loses $19500 , now faces $20k as resistance zone again
⁕ DOGEUSDT bearish immediate term
⁕ SHIBUSDT bearish immediate term
I expect this week to be a red week across the markets. Short term corrective buying pressure has mostly run out (dead cat bounces).
_________________
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Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year.
A quick look at BNB / Binance coin / BNBUSDT for the short term. From the 3D timeframe, the technical indicators are showing bearish. Keep in mind that the noise/volatility on lower timeframes don't show up here, so it's not necessarily a straight line down. Pointed out is the closest support zone I'm considering.
In other cryptocurrency markets :
⁕ Ethereum ETH loses $1100 as it follows BTC down
⁕ Bitcoin loses $19500 , now faces $20k as resistance zone again
⁕ DOGEUSDT bearish immediate term
⁕ SHIBUSDT bearish immediate term
I expect this week to be a red week across the markets. Short term corrective buying pressure has mostly run out (dead cat bounces).
_________________
👀 Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎
👍Hit like & Follow 🔔
We thank you for your support !
CryptoCheck
